256. What Are YOU Buying in 2024, Breaking into Brokerage, and More | Office Hours

Key Takeaways:

Value-add investments across various asset classes like self-storage, mobile home parks, industrial flex, and retail. Insights on evaluating locations for self-storage facilities and the benefits of luxury storage garages.

Medical office space as a relatively stable commercial real estate investment.

The importance of being relentless when trying to break into the commercial real estate brokerage industry. Tyler recommended networking, informational interviews, and following up persistently to get a foot in the door.

Developing a comprehensive commercial real estate brokerage course that launched in fall 2023.

Plans to expand The Cauble Group brokerage to new markets in the Southeast over the next 2-5 years. He will be partnering with local commercial real estate brokers, offering them up to 49% equity in the new branches.

Cauble shared his experience with a challenging $18 million acquisition that required creative financing and persistence to complete. He stressed the importance of conservative underwriting, proper planning, and having the right partners when undertaking complex commercial real estate projects.

Upcoming Events and Courses:

Cauble will be hosting a workshop and property tour for CRE Accelerator members in Nashville in October 2024. He is considering offering in-person classroom courses in the future based on listener interest.