loader from loading.io

BIGGEST RISK with Richard Wilson

Commercial Real Estate Pro Network

Release Date: 08/04/2020

Real Estate Investor Fixed Income Investment Strategy with Nic Deangelo - CRE PN #539 show art 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.  

info_outline
BIGGEST RISK with Nic Deangelo show art 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...

info_outline
Financial Statements and Strategic Planning with Cary Prejean - CRE PN #538 show art 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.    

info_outline
BIGGEST RISK with Cary Prejean show art 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...

info_outline
BIGGEST RISK with Charles Gaudet show art 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...

info_outline
Founders Trap Business Growth Marketing Systems with Charles Gaudet - CRE PN #537 show art 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.    

info_outline
Automated Parking Systems with Chris Tiessen - CRE PN #536 show art 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.     

info_outline
BIGGEST RISK with Christopher Tiessen show art 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...

info_outline
Multifamily Value Add Underwriting with Ashley Garner - CRE PN #535 show art 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.  

info_outline
BIGGEST RISK with Ashley Garner show art 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_outline
 
More Episodes

Darrin Gross:

I'd like to ask you, Richard Wilson, what is the BIGGEST RISK?

 

Richard Wilson:

For my company, even though we have good managing directors, I think the BIGGEST RISK is myself, you know, I'm driving forward a ton of the new content. You know, when I when I hang up here, we're doing a 1000 person webinar. And I've got someone on my team that could do a webinar on many different topics, but not the same topics I could, you know, fluidly and so it's kind of like a key man risk. And our business, you know, would have to go down to, you know, a skeleton crew if I got hit by a truck this afternoon, and move forward as much smaller business. So I think it's just like many entrepreneurs, getting yourself out of your own way and making sure you're not the bottleneck to growth and making sure that you've got kind of a C level team being groomed and built is part of that but also just thinking through things you know, that are insurance related, honestly related to key man or life insurance, or just You know, if you're disabled and can't work for a while, because think that you know, like most businesses that are like mine with 15 employees, you know, you're trying to grow into a medium sized business from a small business you're in that in between world where, you know, you're constantly trying to push stuff down to the team and get a better quality team.