Enjoy this conversation with Zach Lemaster, founder of Rent to Retirement, a turnkey investment company. While we do discuss some advantages to turnkey investing in this conversation, the bulk of the discussion revolves around overcoming the fear of investing long distance, choosing markets, and Zach's keys to growing a business. Zach has an incredible track record of business success and delivers loads of value for anyone looking to scale their real estate portfolio. TakeawaysTurnkey properties can be purchased with as little as 5% down.Investing in real estate can provide financial freedom and the ability to create generational wealth.When investing out of state, it is important to build teams and systems to ensure success.Analyzing the long-term potential of a property, including factors like depreciation, equity, appreciation, and leverage, is crucial for building wealth. Real estate is a long-term play, and it's important to have a strategy and plan.The Midwest and Southeast markets, particularly affordable secondary markets, offer great investment opportunities.Building a team, investing in marketing, and providing excellent customer service are key to building a successful real estate business.Challenges faced by Rent to Retirement include interest rates and market fluctuations.Book recommendations include 'The E-Myth Revisited' by Michael Gerber and 'The Millionaire Real Estate Investor' by Gary Keller.Connect with Zach:https://www.renttoretirement.com/https://www.linkedin.com/in/zach-lemaster-7b1530238/Click to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Exploring challenges in property management, transitioning to weekly episodes, balancing real estate with parenting, and understanding generational differences in the workplace are some of the intriguing topics discussed in this podcast.

Doug Owen of JLL discusses the office asset class and its current state in the Louisville market. Contrary to popular belief, the office class is not dead, and there is a desire to be in the office. The downtown and suburban markets in Louisville have different dynamics, with downtown experiencing higher vacancy rates due to a major tenant consolidating and renovating their space. Landlords are investing in amenities and renovating their buildings to attract tenants. Incentive programs and concessions are being offered to tenants, and landlords are advised to white box vacant spaces to make them more marketable. The future of the office asset class includes a focus on higher-end spaces, conversions to hotels, and the development of residential areas in downtown.TakeawaysThe office asset class is not dead, and there is a desire to be in the office.Downtown and suburban markets in Louisville have different dynamics, with downtown experiencing higher vacancy rates.Landlords are investing in amenities and renovating their buildings to attract tenants.Incentive programs and concessions are being offered to tenants, and landlords are advised to white box vacant spaces to make them more marketable.The future of the office asset class includes a focus on higher-end spaces, conversions to hotels, and the development of residential areas in downtown.Click to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Real estate investor Logan Freeman shares insights on the industry, including misconceptions, diverse portfolio, and preparing for upcoming transactions. He emphasizes the importance of hard work, understanding the market, and evolving investment strategies. Freeman also discusses Kansas City's market prospects, best deals, worst deals, and daily habits for success.

Brian Brisky, Founder of Brisky Net Lease, discusses the challenges and opportunities in retail net lease investments. They cover topics such as the future of pharmacies, institutional reactions in the market, and strategies for growth in the net lease industry.

You probably already know Chad Griffiths. Maybe from his successful Youtube Channel, his insight on Twitter and Linked In, or maybe from his own podcast where he interviews some high performers in industrial real estate. In this conversation, Jonathan and Chad discuss the different types of industrial real estate, the addition of industrial outdoor storage (IOS) to consider, the importance of power, doors, and clear height, the opportunities in small bay industrial, and where Chad sees industrial heading into the future. Connect with Chad:https://www.youtube.com/@industrializeTakeawaysMost investors should stay away from investing in industrial real estate due to the high level of risk and the steep learning curve involved.Investors interested in industrial real estate should spend time understanding the market and consider partnering with someone experienced in the industry.Industrial real estate can be categorized into subcategories such as warehousing, manufacturing, flex buildings, and industrial outdoor storage (iOS).The current state of the industrial market cycle varies for different subcategories, with warehousing experiencing a slowdown and manufacturing seeing an increase in activity.The attributes that make industrial properties attractive to tenants include location, power requirements, ceiling heights, column spacing, truck access, and yard space. Ceiling heights and door sizes are important considerations in industrial real estate, with 18 feet being the recommended minimum height and 14 feet being the minimum door size.Flex spaces offer opportunities for creative build-outs and can accommodate a variety of uses, including office and retail.Industrial outdoor storage (IOS) can be a viable investment, but it requires careful consideration of factors such as location, infrastructure, and tenant turnover.Having a strong online presence and providing valuable content can help build a community and create opportunities in the real estate industry.Long-term outlook and the ability to weather economic downturns are important factors to consider when investing in real estate.Click to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Enjoy this conversation with Chad Cress, Chief Creative Officer with DJM Capital. DJM owns and operates trophy retail and mixed use properties along the west coast, and Chad is responsible for aligning the tenants with the new vision and branding. Enjoy this conversation about experiential retail, reimagining shopping malls, and attracting the right tenants to your property. Connect with Chad:www.djmcapital.comTakeawaysBranding is more important than ever in the commercial real estate industry, as consumers are becoming more sophisticated and can easily identify authentic experiences.The role of a Chief Creative Officer in real estate private equity is to oversee the creative aspects of a property, including merchandising, leasing, marketing, and environmental design.Case study: Ovation Hollywood. The project involved reimagining a retail property in Hollywood to create a place that meets the expectations of visitors and reflects the history and culture of the area.Experiential retail is a growing trend that combines entertainment and dining experiences with retail spaces. Landlords need to be flexible and think holistically to attract the right tenants and create engaging environments.Lessons learned: Resiliency and flexibility are crucial in the real estate industry. Landlords and developers should be open to adapting their strategies and staying positive in the face of challenges.Successful branding examples: Lido Marina Village in Newport Beach, which was designed to create a charming seaside village atmosphere that attracts high-end tenants.Mistakes in experiential retail: Plugging a hole with any tenant is not the solution. Landlords need to take a holistic approach and consider design, placemaking, and branding to create authentic and engaging spaces.Accomplishments and lessons learned: The ability to navigate challenges and stay positive is a significant accomplishment in the real estate industry. Resilience and a flexible mindset are key to long-term success.Influential resources: Chad recommends staying informed about cultural trends and thinking creatively by exploring sources outside of the real estate industry, such as fashion, trend forecasting websites, and podcasts.Connect with Chad and DJM Capital: Visit the DJM Capital website to learn more about their portfolio and services in reimagining properties.Click to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Deborah Smith is an investment banker and is incredibly well-connected to commercial real estate institutions. In this episode, we discuss four niche asset classes you should pay attention, the challenges her clients are facing right now, tangible advice for networking, the trajectory of the market in 2024. Deborah Smith is Co-Founder and CEO of The CenterCap Group, LLC and heads the firm’s Strategic Capital and M&A and Execution efforts. Prior to forming The CenterCap Group, LLC, Ms. Smith was Co-Head of M&A and a Senior Managing Director with CB Richard Ellis Investors (CB Richard Ellis's $40 billion AUM investment management business). She joined CBREI in July 2007 to co-head the build out of the firm's M&A efforts and led the firm’s negotiation and acquisition of a majority interest in Wood Partners (one of the largest multifamily developers in the United States) in 2008. From 1998-2007, Ms. Smith worked on mergers and acquisitions with Lehman Brothers, Wachovia Securities and Morgan Stanley. Ms. Smith has been involved in more than $100 billion of mergers, acquisitions and restructuring transactions. Ms. Smith has a Bachelor of Economics, with honors, and a Bachelor of Law, with honors, from the University of Sydney.Connect with Deborah:https://www.linkedin.com/in/deborahsmith-centercap/Chapters00:00Introduction and Surprising Belief about Real Estate01:09Introduction of Guest: Deborah Smith06:27Challenges Faced by Clients in Mergers and Acquisitions09:28Impact of Interest Rates and Current Events on Real Estate Firms13:03Advice for Operators Having Difficult Conversations with Banks14:21Networking and Building Relationships in the Real Estate Industry26:04Raising Capital and Working with Institutional Investors31:10Sentiment of Institutional Investors and Networking Opportunities36:07Books and Resources for Success in Real Estate40:02Projections for the Real Estate Market43:23Conclusion and Contact InformationClick to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Enjoy this discussion with Andy Gurczak, founder of All City Adjusting. Andy is a public adjuster, assisting property owners to get higher payouts on their insurance claims. In this conversation, Jonathan and Andy discuss why you and your insurance company do not have aligned interests, what you should NOT do when filing a claim, exclusions and endorsements to watch out for, and why you might want to work with a private/ public adjuster on your next major claim on a commercial real estate property. Connect with Andy:www.allcityadjusting.comAndy also provides his direct phone number at the end of the episode. TakeawaysInsurance companies often use strategies to delay or deny claims, making it crucial for insured parties to have a public adjuster on their side.Understanding the details of an insurance policy is essential to ensure proper coverage and avoid surprises during the claims process.Engaging with a public adjuster, such as All City Adjusting, can help insured parties navigate the complex claims process and maximize their claim payout.Working with a public adjuster does not typically impact insurance premiums, and insured parties cannot be dropped by their insurance company for hiring a public adjuster.Chapters00:00Introduction and Background03:07The Role of a Public Adjuster08:07Strategies Used by Insurance Companies10:26Mistakes Made by Insured Parties17:24Understanding Insurance Policies18:39Engaging with All City Adjusting20:41The Problem with Contractor Bids22:04Impact on Insurance Premiums24:35Working with a Public Adjuster26:25Engaging with All City Adjusting27:36Timeframe for Claim Resolution28:44Payment and Fees29:50Choosing the Right Public Adjuster30:56Final ThoughtsClick to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Enjoy this conversation with Dave Codrea, founder of Greenleaf Capital Partners, who owns and operates a diverse portfolio of residential, office, and flex properties. In this conversation, Jonathan and Dave discuss office to flex conversions, evaluating risk, how to turn challenges into opportunity, adventure trips, plus tons more. Connect with Dave:https://www.gogreenleafmanagement.com/https://www.linkedin.com/in/davidcodrea/TakeawaysGreenleaf Capital Partners focuses on long-term cash flow and acquiring underperforming real estate assets.Office to flex space conversions present opportunities in the current market.Transparency and goal-driven operations are key to successful investor relationships.Paying attention to challenges and bad news can lead to unique investment opportunities.Chapters00:00Introduction to Dave Codray and Greenleaf Capital Partners01:26Dave's Passion for Adventure Trips06:14The Scope and Scale of Greenleaf's Portfolio08:05Transition from Residential Multifamily to Non-Residential Assets10:31Challenges and Opportunities in Commercial Non-Residential Deals13:20Office to Flex Space Conversion Strategy25:21In-House Management of Diverse Portfolio27:21Paying Attention to Bad News and Challenges as Opportunities32:40Creative Strategies with Office Properties35:18Best and Worst Deals37:25Tips for Finding Deals and Working with Investors39:13Closing RemarksClick to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.