Commercially Speaking Podcast- Commercial Real Estate Investing That Entertains

Join Bo and Timmy Barron in this insightful and entertaining episode of "Commercially Speaking" as Bo shares his top 10 ways to effectively pursue a mentor in the commercial real estate (CRE) industry and beyond. Drawing from his extensive experience as a sought-after mentor, Bo outlines the dos and don’ts of seeking mentorship, ensuring you approach potential mentors in the best possible way. What You'll Learn: Avoid Common Pitfalls: Bo highlights the key mistakes to avoid when approaching a potential mentor, ensuring you don't turn them off from the start. Top 10 Tips: Discover the essential strategies to position yourself as an attractive mentee, from demonstrating commitment to showing genuine interest and respect for their time. Real-Life Examples: Timmy spices up the episode with hilarious anecdotes of his own experiences, illustrating the tips in action – both the successes and the blunders. Building Relationships: Learn how to cultivate a meaningful and productive mentor-mentee relationship that benefits both parties and fosters long-term growth and success. Whether you're new to the CRE industry or looking to advance your career with the guidance of a seasoned mentor, this episode provides invaluable advice and plenty of laughs. Tune in to "Commercially Speaking" and equip yourself with the knowledge and confidence to pursue and secure the mentorship you need to thrive in commercial real estate and beyond. ⏰Time Code⏰ 00:00 - Start 01:04 - Comedy! 05:15 - Never ask this question! 12:00 - What is a mentor? 14:46 - 1st way to pursue a mentor 17:49 - 2nd way to pursue a mentor 19:25 - 3rd way to pursue a mentor 26:55 - 4th way to pursue a mentor 32:24 - 5th way to find a mentor 36:44 - 6th way to pursue a mentor 40:30 - 7th way to pursue a mentor 42:49 - 8th way to pursue a mentor 44:56 - 9th way to pursue a mentor 47:11 - 10th way to pursue a mentor 50:10 - Show up 51:24 - Work begets work 53:33 - Shoutouts 54:03 - Bonus way to pursue a mentor 55:22 - Timmy can’t ask for money 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

Join Bo and Timmy Barron in an exceptionally entertaining episode of "Commercially Speaking" as they welcome the show's most frequently mentioned person – Top Producer Todd Humphreys! Known as Bo's top-performing commercial real estate agent, Todd brings a wealth of knowledge, experience, and humor to the discussion. What You'll Learn: Top Producer Traits: Discover the key characteristics that make Todd a top producer in the commercial real estate industry. Learn how his background in sales and involvement in team sports equipped him with the skills needed to excel. Do's and Don'ts: Todd shares invaluable advice on working effectively with a CRE broker, highlighting common mistakes and best practices for success. Hilarious Stories: Enjoy some of the funniest and most memorable stories from Todd's career, guaranteed to bring laughter and insight. Team Sports Connection: Explore Bo's observation that individuals with a background in team sports often thrive in commercial real estate, and why this might be the case. This episode is packed with practical advice, industry insights, and plenty of laughs, making it a must-watch for anyone involved in or interested in the commercial real estate sector. Pour yourself a bourbon and tune in to "Commercially Speaking" for an episode that combines expertise with entertainment, showcasing the many hidden talents of Todd Humphreys. 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking ---- 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share ---- Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

In a heartwarming and insightful episode of "Commercially Speaking," Bo and Timmy Barron welcome a very special guest live in the studio – their father, Bill Barron. This episode dives deep into the rich history of Barron Commercial Group, tracing its origins and evolution through the eyes of its founder, Bill Barron. What You'll Learn: Foundational Stories: Journey back to Bill's childhood as he shares memories of working alongside his father on construction sites and his early experiences in the real estate industry. Career Evolution: Discover how Bill's first CCIM class transformed his career trajectory, leading him to eventually buy the family business and focus solely on commercial real estate. Faith and Transformation: Hear the inspiring story of how Bill and his wife Jo's lives changed after becoming born-again Christians in 1986, simplifying their business and attributing their success to their faith. Family Anecdotes: Enjoy hilarious and touching stories of Bo and Timmy's childhood antics, and how their upbringing influenced their careers in commercial real estate. Legacy of Leadership: Learn valuable lessons from Bill's journey, including the importance of faith, family, and focusing on one's strengths in the business world. This episode is a celebration of the Barron family's legacy, filled with wisdom, laughter, and heartfelt moments. It's a must-watch for anyone interested in the personal stories behind successful CRE professionals and the role faith and family play in their lives. Tune in to "Commercially Speaking" for an episode that honors the past while inspiring the future, showcasing the values that have shaped the Barron Commercial Group into what it is today. 00:00 - Start 01:29 - Name that tune! 08:37 - Introducing our special guest! 10:24 - Shoutout to Sheldon James Barron! 11:14 - The History 11:40 - Griffin Electric 12:44 - Barron Homes 15:07 - Small man of the year award 18:02 - Barron owned 18:37 - 1st CCIM course 24:38 - The Pee Calf Story 28:28 - 1986 - Jesus changes the business 32:18 - Wood, Hay and Stubble Box 34:14 - The abundance of simplification 36:42 - Living Debt free! 39:17 - I only lived in 3 houses. 40:56 - Dad made me do it 41:39 - Working with your kids 44:13 - Bo’s near miss 45:27 - When Timmy Snuck Out 51:45 - Timmy sneaks out again 52:54 - Regrets/advice 55:46 - World’s Best Dad 59:11 - Pop Quiz! 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

In this pivotal episode of "Commercially Speaking," Bo Barron takes the insights from the previous market analysis episode to the next level, demonstrating how to turn gathered data into money-making decisions. Whether you're a broker, investor, or developer, Bo walks you through his tried-and-true process for making informed decisions, mitigating risk, and growing wealth in the commercial real estate (CRE) market. What You'll Learn: Recap and Integration: A quick recap of the data gathered in the last episode sets the stage for deeper analysis and actionable conclusions. Threshold Rent Concept: Bo introduces the crucial concept of threshold rent, explaining how it impacts decision-making in CRE. Economic Base Analysis: Learn step-by-step how to conduct an Economic Base Analysis, using a real-world example of a job announcement that could add 400 basic jobs to the Space Coast by the end of 2024. Strategic Decision-Making: See how Bo integrates all the information to reveal the strategic decisions he would make to capitalize on market opportunities. Real-World Application: Bo shares a recent example of a deal he pursued based on similar analysis, providing practical insights into how these strategies work in real-life scenarios. This episode is a must-watch for anyone in the CRE industry looking to enhance their decision-making process. Bo's expert guidance will equip you with the tools and knowledge to make data-driven decisions that lead to significant financial gains. Tune in to "Commercially Speaking" and learn how to transform market data into profitable actions, ensuring you stay ahead in the competitive world of commercial real estate. 00:00 - Start 00:25 - Shoutout! 01:22 - Timmy fools Bo with magic! 04:07 - Recap 06:11 - Shifting 07:19 - Corrections from last episode 10:07 - Recap of the Space Coast Market 15:07 - NAICS Code clarification 17:49 - Back to the recap 22:20 - Threshold rent 26:50 - Job Announcement 41:02 - How much do we build? 42:54 - The investor’s lens 45:44 - Real World Example 49:03 - Outro 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

Join Bo and Timmy in this highly anticipated episode of "Commercially Speaking," where Bo combines the powerful insights from the last two episodes to conduct a live market analysis for one of our listeners' chosen markets. Using Site To Do Business and Moody's Market Pro, Bo gathers and interprets both demand and supply side data to provide a comprehensive analysis. What You'll Learn: Real-Time Market Analysis: Watch as Bo demonstrates the process of collecting and analyzing market data in real-time, showcasing the practical application of the tools discussed in previous episodes. Demand and Supply Integration: Learn how to effectively integrate demand and supply data to form a complete picture of the market, enabling more informed decision-making. Investigative Techniques: Bo reveals the investigative steps every CRE broker or investor should take to gather the best possible information, mitigating risks and gaining a competitive edge. Actionable Insights: See how the analysis translates into actionable strategies that can help investors make serious money in the chosen market. Whether you're a CRE professional looking to enhance your analytical skills or an investor seeking to understand the intricacies of market analysis, this episode is packed with valuable insights and practical advice. Tune in to "Commercially Speaking" and learn how to perform a thorough market analysis that can guide your investment decisions and boost your profitability. 00:00:00 - Start 00:00:46 - Fart Smeller 00:02:14 - Bo figure’s out the magic 00:07:41 - What are you teaching me today? 00:11:12 - Who is doing this work? 00:13:20 - Site To Do Business (Demand Side Data) 00:14:39 - Executive Summary 00:15:00 - Population 00:16:09 - Median Age 00:16:28 - Households 00:17:05 - Household Income 00:17:46 - GINI Index 00:20:01 - Renters vs Owners 00:20:38 - Business Summary 00:21:09 - Population to Employment Ratio 00:21:53 - Economy Diversification (NAICS Codes) 00:24:11 - Moody’s (Supply side data) 00:25:45 - REIC Report for Melbourne 00:26:08 - Executive Briefing 00:26:59 - Market Overview 00:27:30 - Competitive Inventory 00:30:57 - Long Term Average Vacancy 00:39:28 - Market Transactions 00:40:51 - Segmented Transactions 00:41:43 - The Pipeline 00:42:27 - Shift Share Analysis 00:43:10 - National Growth 00:43:59 - Industry Mix 00:44:50 - Regional Shift 00:45:14 - Comparative Advantage 00:49:01 - Filling in the gaps 00:51:31 - Regional shift conclusion 00:52:14 - Economic Base Analysis (EBA) 00:52:28 - Basic Jobs 00:53:09 - Non-basic Jobs 00:53:59 - Economic Base Multiplier (EBM) 00:56:09 - Desegregated EBM 00:59:00 - Market Cycle 01:01:37 - Expectation from Market Cycle data 01:03:39 - Wouldn’t the dip be more severe? 01:05:51 - So what is your conclusion? 01:06:42 - In Summary 01:09:38 - Why not give it a Goog? 01:13:16 - On the next episode of Commercially Speaking 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

Continue your journey into the depths of commercial real estate (CRE) market analysis with this insightful episode of "Commercially Speaking." Following the exploration of demand quantification using Site To Do Business, Bo Barron, CCIM now turns his attention to the other crucial component: Supply. Join Bo as he introduces Timmy Barron, ADHD to the powerful capabilities of Moody's Market Pro, demonstrating how to effectively quantify the supply side of a market analysis. What You'll Learn: Understanding Supply Dynamics: Bo explains the importance of quantifying supply in CRE and how it complements the demand side to provide a full market picture. Using Moody's Market Pro: Discover how to navigate Moody's Market Pro to gather the essential data needed for supply analysis. Bo walks Timmy through the tool, showing him the types of data available and how to access and interpret them. Practical Application: Learn how to use these insights to make informed decisions about when and where to build, buy, or sell. Bo shares examples of how he uses this data to advise his investors, ensuring they make the most profitable moves based on current market conditions. Preparation for Comprehensive Analysis: Get a preview of what's to come in the next episode, where Bo will conduct a full market analysis using both demand and supply data. This episode sets the stage for a deep dive into a listener-chosen market, demonstrating the application of these tools in a real-world scenario. Whether you're a broker, investor, or just a CRE enthusiast, this episode is packed with essential knowledge and tools to enhance your understanding of market dynamics. Tune in to "Commercially Speaking" to ensure you're equipped with the skills to analyze and act on market data effectively. ⏰Time Code⏰ 00:00:00 - Start 00:01:53 - Special Shoutout 00:03:10 - Saving Private Ryan 00:04:23 - TreppWire Podcast Try-On Haul! 00:06:43 - Welcome! 00:08:02 - Market Analysis Demand Re-cap 00:11:37 - Quantifying Supply 00:15:28 - Moody’s: The tool for supply side data 00:23:28 - REIS Report 00:26:25 - The competitive advantage of being a smaller market 00:27:09 - CBD Office Report 00:36:12 - The Narrative: REIS Report of a larger market 00:42:23 - Downside scenarios 00:44:22 - Moody’s has made REIS reports affordable 00:45:18 - How do you get the info for the smaller markets? 00:46:44 - Long Term Average Occupancy 00:48:24 - Forecasting when to build more supply 01:01:17 - Quick Overview of what else Moody’s can do 01:03:34 - A peek into the next episode! 01:04:11 - Final words 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

Dive deep into the world of commercial real estate (CRE) data analytics with Bo and Timmy in this fascinating episode of "Commercially Speaking." Discover how the powerful tool "Site To Do Business" can transform the way brokers and investors make decisions by providing detailed demographic analyses and visualizations. What You'll Learn: Data-Driven Decisions: Watch as Bo demonstrates the vast capabilities of Site To Do Business, showcasing how to extract and interpret complex demographic data to uncover market trends and consumer behaviors. Demographic Cocktails: Learn from Bo as he guides Timmy through the creation of "demographic cocktails," a method of combining various data sets to reveal unique insights about specific locales. In a captivating case study, they explore Boulder, Colorado to identify where the most beer drinkers live and how beer consumption relates to income levels. Strategic Mapping: See how demographic information can be visually represented on maps, enhancing the ability to pinpoint and target specific markets for CRE investments and developments. Practical Applications: Understand the practical implications of these insights for real estate professionals. From selecting the optimal locations for new developments to identifying under-served markets, the episode highlights how to use data to drive profitability and reduce investment risks. Join Bo and Timmy as they unveil the potential of Site To Do Business to arm CRE professionals with the data needed to make smarter, more informed decisions. Whether you're a seasoned investor or a newcomer to commercial real estate, this episode is packed with valuable insights that will help you leverage data for success in your ventures. ⏰Time Code⏰ 00:00:00 - Start 00:02:18 - Guess The Tune! 00:06:26 - Market Analysis Drawing coming up! 00:07:58 - Bo in NYC 00:11:47 - Don’t do this 00:17:01 - The Site To Do Business 00:18:29 - Demographics 00:19:08 - 2 types of geography 00:22:00 - Dublin (Limited data outside the US) 00:24:20 - The data on the people of Boulder, CO 00:26:30 - Executive Summary Report: The first to be pulled 00:34:51 - The Business Summary (2nd report to run) 00:38:50 - Psychographics 00:42:27 - Dorms to Diplomas 00:47:18 - Urban Chic 00:50:19 - Heat Maps 00:52:16 - Drank the most beer in the last 6 months? 00:55:52 - Wanna see something really really cool!? 01:06:15 - Quantifying Supply 01:07:55 - Pop Quiz 01:13:09 - Shoutouts! 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

Explore the tiers of commercial real estate (CRE) investing in this enlightening episode of "Commercially Speaking." Join Bo Barron as he shares his personal journey through the evolving stages of CRE investment, from his initial ventures using 100% financing to his current role in establishing a fund focused on supporting ethical and impactful sponsors. What You'll Discover: Investment Tiers Explained: Understand the different levels of involvement and commitment in CRE investments, as Bo outlines his progression through each tier. Early Challenges: Hear about Bo's early experiences with failed syndication attempts and how these shaped his approach to partnerships and investments. Successful Syndications: Learn how Bo eventually found success as a general partner in multiple syndication deals, growing each project in scale and sophistication. Fund Creation: Discover the criteria Bo uses to select sponsors for his new investment fund, aimed at promoting responsible and beneficial real estate developments. Investor Mindset: Gain insights into the mindset required at each stage of investment, whether you're looking to actively manage properties or trust your funds to skilled operators. Personalized Paths: Bo emphasizes that every investor's journey is unique, illustrating this with a story of a couple who found satisfaction in a modest but profitable portfolio of rental properties. Filled with practical advice, personal anecdotes, and a touch of humor, this episode is a must-watch for anyone interested in CRE investing, from brokers eager to sit in their client's seat to passive investors looking to place their trust in capable hands. Tune in to "Commercially Speaking" for a comprehensive look at the investment tiers that could define your path in the world of commercial real estate. ⏰Time Code⏰ 00:00 - Start 01:30 - Shoutouts 03:51 - Overuse of the word “idiot” 04:57 - Flipping The Bird 09:28 - Bo’s Timeline of Investing 11:31 - The Broker Mindset 12:54 - The Investor Mindset 16:08 - What types of people become investors? 18:31 - Tier 1 - Bo’s Failed Syndication 19:19 - Tier 2 - Bo’s accidental partnership 19:53 - Tier 3 - Syndication Central 20:36 - Syndications Are A Lot Of Work 21:38 - Tier 4 - The FUND 22:49 - Fund vs Syndication 26:12 - What you can do with a fund 26:58 - Should a sponsor look for fund money? 28:33 - Is there another tier? 29:19 - How To Start investing yourself 30:36 - What Makes A Good Sponsor? 34:31 - Does that answer the question? 35:20 - The Importance of Collaboration 37:19 - What’s Coming Up! 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor, creator and manager of The Hearth Stone Fund, and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

Dive into the often-overlooked art of crafting the perfect voicemail in this engaging episode of "Commercially Speaking." Join Bo Barron as he delves into the significance of preparation in prospecting, using the guiding principle: "You don't rise to the occasion, you fall to the level of your preparation." Bo shares invaluable tips on constructing impactful voicemails, demonstrating with a play-through of the worst voicemail he's ever received. What You'll Learn: Voicemail Excellence: Bo breaks down the essential components of a compelling voicemail that captures attention and elicits responses. Scripting Magic: Timmy Barron brings his scripting and acting prowess to the table, offering actor's tricks for memorable vocal delivery that can make your messages stand out. Rejection Made Fun: Discover Bo's unique hacks for handling rejection with humor, including how to fake a dropped call to ease out of awkward voicemail situations. Practical Applications: This episode isn't just for CRE professionals; any businessperson, broker, or salesperson will find these insights beneficial for making every call count. Filled with practical advice, a sprinkle of humor, and actionable techniques, this episode is designed to help professionals across industries leave voicemails that not only get heard but get a response. Tune in to "Commercially Speaking" and transform your voicemail from a routine message into a powerful business tool. ⏰Time Code⏰ 00:00 - Start 03:07 - Card Trick 05:52 - Market Analysis Requests 07:26 - Should you even leave a Voicemail? 11:12 - You fall to the level of your preparation 15:15 - A really bad voice message! 17:40 - Not so bad voice message 18:13 - Dissecting a voicemail for improvements. 19:50 - Formula to a GREAT voice mail 20:01 - 1. Articulate 21:02 - 2. Who are you? Who you with? Why you calling? 21:28 - 3. A reason to call you back 22:09 - 4. The TRUTH 23:51 - 5. Offer something of value 27:08 - Research and the argument against it 28:15 - Smile! (Vocal tip from an actor) 29:04 - Stand your ass up 30:02 - Gamify 32:52 - Hacks and tricks 34:23 - The record breaking calling habit 35:52 - The multiple voice mail strategy 36:38 - Squeaky wheel gets the grease 37:38 - He answers this broker’s call every time! 38:30 - Timmy attempts a perfect voice message 39:25 - It’ll take 3 min 41:38 - Do you leave your phone number anymore? 42:42 - Listen back to your voicemails! 43:48 - Shoutouts 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron

Unlock the full potential of tax benefits for commercial real estate (CRE) with this definitive guide from "Commercially Speaking." In a special episode crafted by Timmy Barron, we've merged two pivotal tax discussions to create a comprehensive and easy-to-follow roadmap for CRE professionals and investors. This episode amalgamates insights from an initial breakdown provided by Bo Barron in February 2023, where he explains complex tax benefits to Timmy, then a CRE novice, with a deeper dive by CPA Kevin Bassett in February 2024, offering updates and potential changes in tax law. What You'll Discover: Tax Breaks Uncovered: Learn about the lesser-known yet highly lucrative tax advantages available to CRE investors and how to leverage them effectively. Step-by-Step Guide: Whether you're a seasoned professional or new to CRE investing, this episode walks you through the tax benefits with clarity and precision, ensuring you can apply this knowledge practically. Latest Law Updates: Stay informed with the most recent updates in tax legislation affecting CRE, as explained by expert CPA Kevin Bassett, and understand how these changes could impact your investment strategies. Expert Strategies: Gain insights into strategic tax planning tailored for CRE investments, helping you to maximize returns while minimizing liabilities. This episode is an invaluable resource for anyone involved in CRE looking to deepen their understanding of tax implications and optimize their financial outcomes. Bo and Timmy, along with expert insights from Kevin Bassett, ensure that you have the information needed to navigate the complexities of CRE taxes confidently. Tune into this ultimate tax guide on "Commercially Speaking" and transform your approach to CRE investments with expert knowledge and strategic advice. CONNECT WITH KEVIN BASSETT, HIS NEWSLETTER AND LEARN MORE: https://www.bassettcpas.com/ ⏰Time Code⏰ 00:00 - Start 01:36 - 4 Reasons To Own Real Estate 01:51 - 1. Appreciation 02:04 - 2. Depreciation 04:00 - 3. Cash Flow 04:18 - 4. Equity 05:00 - Proper Structures For CRE Incomes 06:32 - The Holy Grail Of Tax Strategies - Cost Segregation Study 08:35 - Cost Seg Explanation From A CPA 09:59 - The Secret of Bonus Depreciation 12:33 - Real World Example of the Cost Seg Strategy 14:22 - Bonus Depreciation Sunset 14:53 - Tax Law Update 16:03 - Passive vs Active Income 16:37 - Depreciation Benefit of Real Estate Professionals 17:06 - Tax Rules For Real Estate Professionals 18:19 - It’s Not Too Late 19:32 - Depreciate The Bank’s Dollars! 20:18 - 1031 Tax Deferred Exchange 22:59 - Cost Seg vs 1031 Exchange 24:05 - Benefits to Planning Ahead 24:23 - The Alternative Strategy to 1031 25:52 - Roll Over Depreciation 26:39 - Investors Can Use Their Bonus Depreciation Indefinitely! 28:26 - 20% Tax Rate Over The Life Of The Project 28:51 - Section 199A 30:15 - When To Do a Cost Seg Study Per A CPA 31:23 - 100% Chance They Will Ask For This In An IRS Audit 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron SUBSCRIBE and LISTEN to Commercially Speaking Here:📲 Connect with us: