Key Takeaways:
Tyler discussed looking at commercial properties under $250k, such as a 2500 sqft warehouse near Houston for under $250k that could provide a 10% cap rate. This shows opportunities exist for lower budget investors.
He emphasized the importance of networking to find deals and partners, such as through events like CCC.
When asked about first-time commercial investments, Tyler recommended flex space, self storage, or other trending property types that may be easier to find investors for.
He provided advice on funding options even with poor personal credit, such as partnering with heavier investors or syndicating deals.
Tyler discussed opportunities in converting non-traditional properties like car washes into alternative uses like restaurants or micro-units.
The Commercial Real Estate Investor Podcast