Commercial Real Estate Pro Network
Today, my guest is Jeremy Friedman. Jeremy is with Stoic Equity Partners. And they have a portfolio of 10 Self Storage Flex Industrial assets in the southeast, totaling $48.8 million assets under management and 500,000 square feet located in Georgia, Mississippi, Florida, Alabama, and Arkansas. And in just a minute, we're going to speak with Jeremy Friedman about Why Invest in Flex Industrial Real Estate.
info_outline BIGGEST RISK with Jeremy FriedmanCommercial Real Estate Pro Network
J Darrin Gross 0:00 And I'd like to ask you, Jeremy Friedman, what is the BIGGEST RISK? Jeremy Friedman 0:05 But as we discussed before the call, that's actually the one largest risk item that we that does keep us up at night and that we're working diligently on at the moment is our insurance. And I think it's so this is not to be clear to your listeners, you did not prompt me for that at all this is this is our biggest risk at the moment, as we see it. We being located on the coast, the Gulf Coast of Alabama, and we have several coastal...
info_outline AI Data Scraping for CRE Underwriting with Christian Gore - CRE PN #451Commercial Real Estate Pro Network
Today, my guest is Christian Gore. Christian is the founder of . And in this industry expert who have orchestrated real estate transactions worth approximately 9.5 billion across the across the United States. And in just a minute, we're going to speak with Christian Gore about leveraging AI and Machine Learning or Data Aggregation to make informed decisions about where and why to invest.
info_outline BIGGEST RISK with Christian GoreCommercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Christian Gore, what is the BIGGEST RISK? Christian Gore That's a great question. I would say, generally speaking, I would say geo geo political risk, that, that can significantly kind of affect what the Fed does or doesn't do. Yeah, we've, there's a lot of things going on overseas. I know we were fortunate enough not to kind of have to, you know, be involved with it daily. But there's there's significant geopolitical risks in our view going on right now. That, you know, who knows what, what what can happen, but there's a direct...
info_outline Tax Advantage Investing with Dan Thompson - CRE PN #450Commercial Real Estate Pro Network
Today, my guest is Dan Thompson. Dan is a seasoned financial advisor and investor. And in just a minute, we're going to speak with Dan Thompson about Tax Advantaged Investing.
info_outline BIGGEST RISK with Dan ThompsonCommercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Dan Thompson, what is the BIGGEST RISK? Dan Thompson I think the BIGGEST RISK is to sit idle and do nothing to be so paranoid of risk that you take no risk. And there are some very predictable ways to get your money working and invested. And still keep the risk down. But it just kills me sometimes when I talked to somebody felt, in fact, they just talked to a potential client just yesterday, who's sitting with $1.7 million in a 4% CD. And just like said, That, to me is more risky than putting the money out at, quote, unquote, risk and...
info_outline No Debt Industrial Real Estate Syndication with Joel Friedland - CRE PN #448Commercial Real Estate Pro Network
Today, my guest is Joel Friedland. Joel has been in the industrial real estate world for over 40 years. He buys industrial properties, all cash and no mortgage. And in just a minute, we're going to speak with Joel Friedland, about syndication of industrial properties in the Chicago area.
info_outline BIGGEST RISK with Joel FriedlandCommercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Joel Friedland, what is the BIGGEST RISK? Joel Friedland I'm afraid I can't give you just one. Because there are actually multiple risks. I've been doing this for 40 years, and I can tell you exactly what I struggle with with risk. Number one risk debt. If you have debt and anything goes wrong, you are screwed. So that's why we do our deals, debt free, no mortgage, that's number one. Number two in industrial, vacancy. When a building's vacant, and it's a single tenant building on a net lease when the tenant leaves. It's either 100%...
info_outline Luxury RV Destination Resort Syndication with Ben Spiegel - CRE PN #448Commercial Real Estate Pro Network
Today my guest is Ben Spiegel. Ben Spiegel is a successful investment manager with a decade long track record deploying over 300 million into special situations across diverse asset classes. And in just a minute, we're going to speak with Ben Spiegel about Syndication of Luxury RV Parks in southern Alabama and Mississippi.
info_outline BIGGEST RISK with Ben SpiegelCommercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Ben Spiegel, what is the BIGGEST RISK? Ben Spiegel So, land, like I said, we were talking on our economy. When we started our conversation before the podcast began, landlords are Sue land that landlords sued 25 times more than the next business than the next highest sued business. So we're already in a very elevated risk, risk type of business. So I think the major form of risk obviously, when you have ambulance chasers out there looking to profit off of almost any opportunity they can. And so it depends really, it for example, I own...
info_outlineDarrin: Rod Khlief, what is the BIGGEST RISK?
Rod: [00:00:12]In my life? I will tell you my BIGGEST RISK as I see it, and I thought about this before we started this podcast. Is we are right now in the inner stage of the market called irrational exuberance. And I just told you, I've got, I don't know, 220, 230 coaching students. And my biggest risk is, is communicating to them, they damn well better not buy a property without running it through our system first and making sure that it's been stress tested and and and they're not taking people's money. And and so that's my biggest you know, and I talk to my team about all the time, because we we walk our students through their deals, we evaluate them, we respond and and tell them, you know what, rocks to look under and questions to ask. And some of them, you know, some people think they can do it without any help. And there's some mistakes being made right now. There's deals, you know, that we bid on. And and I'm. And we find out what they traded for. And I'm scratching my head thinking, how did they make those numbers work? It's just astounding to me that they got that they were able to get financing as well. And it's just reminiscent of 2006 and 2007 to me. And so that's I think that's my biggest risk is just protecting my students and making sure that those mistakes are eliminated or mitigated. Because, again, what I went through, it's it's really top of mind for me. But we do a pretty darn good job. So but it's just it's just that communication and making sure that that they're asking for help.