Real Estate Investor Fixed Income Investment Strategy with Nic Deangelo - CRE PN #539
Commercial Real Estate Pro Network
Today, my guest is Nick Deangelo. Nick Deangelo is known as the Fixed Income Goat in real estate circles, with a $206 million plus portfolio, and in just a minute, we're going to speak with Nick Deangelo about fixed income.
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BIGGEST RISK with Nic Deangelo
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Nick Deangelo, what is the BIGGEST RISK? Nic Deangelo The biggest risk, I'll give you the biggest front side and the biggest backside. Biggest front side is always going to be due diligence on our side, we have beaten that to death. We have overlaid many economic factors. Our due diligence confidence is at an all time high. But what I see in the marketplace is many people not doing the due diligence to a real, true conservative estimate of outcomes that is the biggest risk. And we saw that the last few years. And we see the back end of what that...
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Financial Statements and Strategic Planning with Cary Prejean - CRE PN #538
Commercial Real Estate Pro Network
Today, my guest is Cary Prejean. Cary Prejean, is the founder of Strategic Business Advisors LLC. Cary vision is to work with business owners to dramatically improve cash flow and profits, business autonomy and long term strategic planning. And in just a minute, we're going to speak with Cary Prejean about maximizing profits and cash flow.
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BIGGEST RISK with Cary Prejean
Commercial Real Estate Pro Network
J Darrin Gross I would like to ask you, Cary Prejean, what is the BIGGEST RISK?. Cary Prejean You talk about big risk for business owners, J Darrin Gross yeah, however you want to, however you want to identify it. Cary Prejean Well, I mean, that that's why I deal with business owners, right? The biggest risk for them is, is not paying attention. You know, not paying to get lost in the weeds, not paying attention. What's out there, not. Not, not anticipating some threat, as you call it, and they don't know they have they haven't even thought about it. They haven't even seen...
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BIGGEST RISK with Charles Gaudet
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Charles Gaudet, what is the BIGGEST RISK? Charles Gaudet Well, we mentioned risks earlier, of you know, between the marketing risks and the operational sales risk and all that other stuff. But right now, there's the risk of the unknown. And when I say that every single business is being disrupted by AI already, as it sits right now. The thing is, is, if you look back at 2025, and you ask most people, have you been disrupted by AI? Most people will say, No. You'll ask them, okay, what have you found about your business? And they might say, well, leads...
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Founders Trap Business Growth Marketing Systems with Charles Gaudet - CRE PN #537
Commercial Real Estate Pro Network
Today, my guest is Charles Gaudet. Charles is the CEO of Predictable Profits. He has helped clients generate over a billion in revenue by solving The Founders Trap where successful entrepreneurs become their businesses biggest bottleneck, and in just a minute, we're going to speak with Charles Gaudet about escaping The Founder's Trap.
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Automated Parking Systems with Chris Tiessen - CRE PN #536
Commercial Real Estate Pro Network
Today, my guest is Christopher Tiessen. Christopher is the president and CEO of Klaus Multi Parking America Inc, Christopher Tiessen spearheads the US sales and operation subsidiary of a global leader in premium parking systems, Clos multi parking, GmbH.
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BIGGEST RISK with Christopher Tiessen
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you. Chris Tiessen, what is the BIGGEST RISK? Christopher Tiessen The biggest risk, in my mind, is for our industry, that we're seen as a commodity is as seen as somebody that is not necessary between because before they go into the risk of getting mechanical parking and maybe the system not working, I will just, you know, let the whole project go away and not do the project. So that's our biggest risk that all of our companies in this industry are working against, and also that conventional parking is more attractive still than mechanical parking, even...
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Multifamily Value Add Underwriting with Ashley Garner - CRE PN #535
Commercial Real Estate Pro Network
Today, my guest is Ashley Garner. Ashley is a seasoned real estate entrepreneur and founder of ABG and Associates with over 30 years of experience, he combines analytical rigor and hands on property management to consistently deliver strong, cash flowing returns to his investors. And in just a minute, we're going to speak with Ashley Garner about value add, deal making, real world stories and lessons from transforming underperforming properties into profitable, high yield investments.
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BIGGEST RISK with Ashley Garner
Commercial Real Estate Pro Network
J Darrin Gross If you're willing, I'd like to ask you, Ashley Garner, what is the BIGGEST RISK? Ashley Garner I think the biggest risk is to be under capitalized and and ultimately, you know, a property can go up in value, or the the P and L can show a profit, but if you don't have enough cash flow to pay the bills or make the repairs that you need to make, or make the improvements you need to make, then you you're in a tight spot, and that puts everything at risk, and that's an avoidable risk to not be under capitalized. But the temptation is so great a lot of times to say, I'm...
info_outlineDarrin: Chris, Ressa, what is the BIGGEST RISK?
Chris: So I think both from a real estate end and a retail end. The BIGGEST RISK is human capital.
And you know, when you have an industry. That's been hammered by Headline News, both the retail and the real estate. When someone really bright and smart graduates college, is that the industry they want to get into? And to solve the problems and the challenges that we were just talking about, you need really sharp, talented people. From an industry perspective, you know, I always want those at DLC, but from an industry perspective, retailers, real estate, everybody needs really smart, sharp, talented people.
Getting retail, you know, getting the bright, sharp people into retail store management training programs, you know, I don't know, one last time talked to a millennial, but the last time they said, when I graduate college, you know, I want to work at you know, I want to be the store manager of Wal-Mart that, you know, I don't hear a lot of people doing that. And I think it's a great job. And there's a great career path.
But the biggest risk is human capital, both on the retail side and the real estate side. You know, in the Great Recession and the real estate side is not limited to my world, but in the Great Recession, you know, in all commercial real estate, very few people were hiring in 2008 to 2012. So you have this labor shortage. And I think the greatest risk is if call it commercial real estate and retail. If all the all the most talented people in the world move over to the tech world and no one comes into real estate, I think that's the greatest risk the industry has.