loader from loading.io

BIGGEST RISK with Ari Rastegar

Commercial Real Estate Pro Network

Release Date: 04/13/2021

Commercial Real Estate Deals Partners and Markets with John Stoeber - CRE PN #304 show art Commercial Real Estate Deals Partners and Markets with John Stoeber - CRE PN #304

Commercial Real Estate Pro Network

Today, my guest is John Stoeber. John uses his background in finance to build financial models and analyze multifamily properties from a number of different perspectives. He currently owns and operates 34 apartments in Little Rock, Arkansas, and is looking for deals in growing markets. And in just a minute we're going to speak with john about partners deals in the skill set you need to do your first deal.

info_outline
BIGGEST RISK with John Stoeber show art BIGGEST RISK with John Stoeber

Commercial Real Estate Pro Network

Right now, I still think COVID. And just the environment we're in is the biggest risk, especially if you're dealing with C class properties, you tend to deal with residents who are on the lower end of the socio economic scale. So these are the people that you know, their servers, waitresses, receptionist, they actually have to go into work. So if there's a shutdown, like, they're not going into work, or if they get COVID, like, and they may not have a job anymore. So I think that is a huge risk,

info_outline
Silicon Valley Opportunity Zone with Erik Hayden - CRE PN #303 show art Silicon Valley Opportunity Zone with Erik Hayden - CRE PN #303

Commercial Real Estate Pro Network

Today, my guest is Erik Hayden. Erik is the founder of Silicon Valley based urban catalyst, named by Forbes and Sorenson impact Center has a top 10 opportunity's own fund. And in just a minute, we're going to speak with Erik about opportunity's own funds, and the potential for investors in the next 10 years. 

info_outline
BIGGEST RISK with Erik Hayden show art BIGGEST RISK with Erik Hayden

Commercial Real Estate Pro Network

Every investor should ask whenever they invest into a property or a fund is what is the risk versus return because that's what matters when you're looking to make your investments. When you look at ground up real estate development, which is really what urban catalyst is, you really have to compare it to a group that goes out and buys existing stabilized real estate assets. Because you have a much better idea of what you're getting into, if you're buying an asset that has a tenant, it has a cash flow,

info_outline
Commercial Real Estate Operator Risk with Mike Zlotnik - CRE PN # 302 show art Commercial Real Estate Operator Risk with Mike Zlotnik - CRE PN # 302

Commercial Real Estate Pro Network

Today, my guest is Mike Zlotnik. Mike is known in real estate circles is Big Mike, due to his stature. But more importantly, He is known for his personal integrity, and for having a keen understanding of the financial aspects of successful real estate investing. Mike is the CEO of TF Management Group, LLC, and is a real estate fund manager. And in just a minute, we're going to speak with Mike about the best commercial real estate investing opportunities coming out of COVID-19.

info_outline
BIGGEST RISK with Mike Zlotnik show art BIGGEST RISK with Mike Zlotnik

Commercial Real Estate Pro Network

Three, three ways to manage to kind of risk avoided. mitigate it and obviously transferred. I when I grew up being a mathematician, so we've looked at risk too. And I've learned there's two elements to risk. Number one, it's likelihood. Number two is impact. So what what I do is I look at risks and try to figure that figure that out. So likelihood, and impact are the two key variables that drive all the decisions.

info_outline
How to Protect your Commercial Real Estate Assets with Jonathan Feniak - CRE PN #301 show art How to Protect your Commercial Real Estate Assets with Jonathan Feniak - CRE PN #301

Commercial Real Estate Pro Network

Today, my guest is Jonathan Feniak. Jonathan is an attorney and partner at Colorado LLC attorney.com. In his position, he helps business owners at nearly every level in nearly every industry with asset protection, estate planning and business formation. And in just a few minutes, we're going to speak with Jonathan about asset protection, and how to keep your assets.

info_outline
BIGGEST RISK with Jonathan Feniak show art BIGGEST RISK with Jonathan Feniak

Commercial Real Estate Pro Network

I think the biggest risk is failing to budget for asset protection. When you are an owner of commercial real estate, you know the numbers you know how much it's going to cost you for your your garden or how much it's going to cost you if you're if you're including the heat, how much it's going to cost you and to budget for all of these things to figure out what the cash flow is going to be on on the business and I think you need to budget for asset protection.

info_outline
California Multifamily Real Estate Developer Scott Choppin - CRE PN #300 show art California Multifamily Real Estate Developer Scott Choppin - CRE PN #300

Commercial Real Estate Pro Network

Today, my guest is Scott chop and Scott is the CEO and founder of the Urban Pacific Group of Companies along the Long Beach, California based real estate development company, founded in 2000. They focus exclusively on workforce rental housing communities throughout California. And in just a minute, we're going to speak with Scott about multifamily opportunities for workforce housing in California.

info_outline
BIGGEST RISK with Scott Choppin show art BIGGEST RISK with Scott Choppin

Commercial Real Estate Pro Network

Yeah, no, great question. You know, like I mentioned, when we before we began the interview, like real estate development, and you could say a real estate investment really is entirely a risk mitigation, you call that minimize? So I'd say squarely in the in the middle there. Really, at the end of the day, you know, investing and development are a risk you like there require risk to be taken to produce these returns that we're describing.

info_outline
 
More Episodes

Darrin Gross:

I'd like to ask you Ari Rastegar, what is the BIGGEST RISK?

 

Ari Rastegar  

The biggest risk is ego, always to me, you know, and I say that in whatever instance that you're working on, you know, as you know, whether as a CEO, as a father as a husband, you know, early in my career, and I'd like to, I'd like to believe that I've improved on this a little bit. I don't know if my wife would agree with me entirely at home. But, but but the key is looking for the right answer. And we touched on that before, and it's really being collaborative, and it's really, you know, taking yourself out of the equation, because a lot of times I'm not the consumer, so there might be a countertop that I want to install. And I love this red, I'm just using I'm just using a random color, but I might not be the consumer. And so doing a focus group, you know, asking other believable people bringing up their, you know, using collaboration to find the right answer. And, you know, whether it's a father talking to our children, and I might think that, you know, this is the way that I should be talking to them or teaching them or disciplining them, but is that their love language? Is that the way they shouldn't they need to be spoken with? Is that the way that they need to be nurtured? Is that the way that I need to show up for my wife does she need me to listen to me listen to her, or does she need a solution and you know, and really taking myself out of the equation and and and that's been one of the biggest evolutions of Rasta Gar. Is is really that is that's the biggest risk, because when we think we're right, and Mark Twain said it best he said, it's not what, you know, we don't know that gets us in trouble. It's what we know for sure. That just ain't so. And and I think that's been the biggest learning experience for me. And the thing that I've really, you know, really focused on. I think, some of my childhood friends would say that was a little bit more of an arrogant man, earlier in life, and I'm looking to find a little bit more humility there, but not humility in the sense that I think less of myself or less of, you know, less confident, but thinking less about myself and thinking more about what that end user consumer is, our investors, the property themselves, investments themselves, and all the other facets that come together.