Commercial Real Estate Pro Network

David Codrea, co-founder of Greenleaf Capital Partners, discussed the hidden opportunities in small strip malls near new construction developments. He emphasized the importance of long-term cash flow and the resilience of retail despite negative perceptions. Codrea highlighted his investment strategy, focusing on retail and office spaces, and his preference for smaller, local service-oriented businesses. He noted typical investment sizes of $2-4 million and a preference for 3-5 year leases. Codrea also stressed the importance of efficient operations, quick tenant turnover, and the role of time as a critical risk factor in his business. https://www.linkedin.com/in/davidcodrea  

J Darrin Gross I'd like to ask you. David Codrea, what is the BIGGEST RISK?   David Codrea For me, what I see as the biggest risk that impacts my business the most is time. So it looks at it, there's a huge benefit to time, but there's also a huge risk if you are not able to get the ball moving on things so extended vacancy or or even just time to make a decision if it takes too long for your organization to get things through, to make, get, get approval for something, or make a decision on what you're going to do with this tenant or that tenant. I think that that can lead to a lot of risk. Because one, you've got an organization that doesn't really know, like, hey, which? How are we making a decision? When? When are we going to make the decision? And no one knows you have, you know, opportunities that can be missed because of inability to move.   And I think we've, if you look at business as a whole, a lot of times, really, really big companies. These look like the 10 biggest companies that are out there. It

Today, my guest is Joel Miller. Joel Miller is the author of the best selling book, Build Real Estate Wealth. Enjoy the Journey of Rental Property Investment, and in just a minute, we're going to speak with Joel Miller about the Journey to Real Estate Wealth. https://www.joelmillerbooks.com/

J Darrin Gross  I'd like to ask you. Joel Miller, what is the BIGGEST RISK?   Joel Miller Well, I'm going to surprise you with the answer, but it's going to be two pronged here. From a financial standpoint, I will say that rental property can be a source for risk, which is why you typically should form an entity that you hold your properties in that protects your personal assets from things that might happen within your entity related to those properties. And on top of that, you know, I do recommend carrying replacement costs insurance on your properties and. A commercial liability insurance. You know, on top of that, to pick up where the liability coverage on your your underlying insurance is. So that's my financial part of that answer.    But the other prong I want to talk about is relationships. The risk is in losing relationships. You know, I am well known when I'm talking to like teaching the landlord one on one classes and masterminds and stuff like that. I am known for saying this thing, that if I had

Today my guest is Creek Stewart. Creek is an expert survival instructor and author of survival hacks and the best selling Build the Perfect Bug Out Series has been featured on The Weather Channel. The Today Show, Fox and Friends are just a couple places where Creek's been featured, and in just a minute, we're going to speak with Creek about get down to this Mastering the Art of Preparedness. https://www.creekstewart.com/

J Darrin Gross  If you're willing, I'd like to ask you Creek Stewart, what is the BIGGEST RISK?   Creek Stewart That's a great question, and I think most people would probably expect me to say that it's being lost in the woods or being struck by a natural disaster. But I guess I'm going to get real personal on this one I me personally being a wilderness survival instructor and a preparedness consultant. I see all of the bad things and think about all of the bad things and think about all the scenarios, right? And it's really easy for me to get caught up, just too much in all of the things of this world. And so I think my biggest risk is thinking that they, that they, I don't know, giving, giving them too much value, versus the things that are eternal, right? The things that last forever our life and these little natural disasters that happen, even though I'm in this business and even though I sell books on the subjects, they're just little tiny blips in this lifetime of eternity. And so for me personally, it

Tilden Moschetti, an investment fund and syndication attorney, discussed Regulation D (Reg D) exemptions for raising capital. Reg D allows unlimited funds from accredited investors without advertising, with 98% of deals using it. Rule 506(b) allows non-accredited investors, while Rule 506(c) requires accredited investor verification. Accredited investors must earn $200K annually or have $1 million in net worth. Moschetti emphasized the importance of communication to mitigate risks and maintain investor trust. He noted that only 1-2% of cases lead to legal action if proper documentation is in place. His firm's turnaround time for Reg D filings is two weeks.   https://www.moschettilaw.com/  

J Darrin Gross I'd like to ask you Tilden Moschetti, what is the BIGGEST RISK?   Tilden Moschetti I'd say that it's lack of communication. So and that's which is unfortunate because it's also the easiest to fix, right? So lack of communication will lead to failure to identify risks, whether it's, you know, the kind of risks we think about in in the insurance game, like, you know, fire and hazard risk, right? We know those things are there, but communicating with your property manager, communicating with your tenants, communicating with those kind of people, can all help identify, hey, yeah. And by the way, the sprinklers never work when we do the testing, or  whatever those those things are that can help reduce that risk. But certainly in my world, things go bad when you don't talk to people. So if I could have the best deal in the world, send people their regular checks, but all I'm doing is sending them money, and if it just looks like a black hole, then investors are always going to be thinking, there's so

Today, my guest is Rich Lee. Rich Lee is a top lawyer, or was a top lawyer for two companies, and richly experienced the reality that dispute resolution today is driven by pain due to legacy dispute resolution forums and courts. Rich set out to change this with New Era Alternative Dispute Resolution, or ADR, and in just a minute, we're going to speak with rich Lee about dispute resolution.    https://www.neweraadr.com/  

J Darrin Gross I'd like to ask you Rich Lee, what is the BIGGEST RISK?   Rich Lee I'll answer that kind of in like two parts really quickly, right? The first is, I think, you know, in the real estate industry, and actually in business in general, I think the biggest risk, you know, in a lot of just kind of business dealings is the relationship, right, and and maintaining good relationships, whether it's with an existing, you know, Counterparty, or, you know, a future counterparty or a former Counterparty. Relationships are everything you know. And so all the things you do right to mitigate that you know both before, and then, of course, you know during a relationship. And then, God forbid, you know if something sours in that relationship, I think that's, you know, it's critical. And something that I think is is often overlooked for us as a business, right? The thing that I will think about all the time, and that we obsess about is, you know, frankly, and it's, it's still related to the relationship, it's the

Today, my guest is Kelly Stratton. Kelly Stratton is the President and Chief Product Officer and founded Quire in 2010 to transform the manual, air prone Technical Report development process she experienced for more than the first 10 deck the first decade of her engineering career. And in just a minute, we're going to speak with Kelly Stratton about three trends that will define technical report management for project driven businesses in 2025. https://openquire.com/ Kellys@openquire.com  

J Darrin Gross I like, to ask my guests if they can look at their own situation. Could be your clients, the economy, you know, whatever it is that you, you identify and consider to be the BIGGEST RISK?   Kelly Stratton Yeah. And when you ask, like, the first thing that pops in my head, because I, you know, as the chief product officer, and I kind of help drive like, what is our product going to be, you know, today, versus, you know, six months from now, a year from now, and you know, we have a really strong feedback loop with our users, and they have a mandate for us about, how can we make a difference in their work lives and in their work product? And both those things are really important to me, because this is a bit like our platform, is a space they spend a lot of time in. And, you know, so, so you have that, but then you also have this, this powerful energy around AI, and how do we incorporate that intelligently and effectively into our product? And again, the mandate from our customers is, you know, is

Today, my guest is Steve Austin. Steve Austin is the founder and CEO of Revitalization Unlimited, where he focuses on structuring the company's investments to maximize value for the portfolio. He has a diverse entrepreneurial background and has started companies in several different sectors. And in just a minute, we're going to speak with Steve Austin about preserving historically significant real estate. https://www.revitalizationunlimited.com/

J Darrin Gross  I'd like to ask you, Steve Austin, what is the BIGGEST RISK?   Steve Austin That's a good question, I think right now for specifically for us, there's a tremendous uncertainty around the future tax policy. There's a lot of talk about, you know, closing the IRS and putting in tariffs, and so there's a lot of speculation and and stuff swirling around right now. So I think that presents a significant risk to us, but, but just, you know, kind of getting away from, you know, the regulatory risk, you know, I think, for for anybody who's out there in business, in in particular, raising investor capital right now, the, I think the biggest risk is, is just, you know, are you able to build a repeatable, scalable process in your business, you know? So for us, that's, you know, how do we source deals? How do we underwrite deals? How do we close deals, you know, what? What are the right structures for the deals, you know, and kind of systematizing that is, is kind of my view of risk mitigation from from a

Today, my guest is Tudor Vasiliu. Tudor is an architect turned architectural visualizer and the founder of Panopticon, an award winning high end architectural Visualization Studio serving clients globally. And in just a minute, we're going to speak with Tudor Vasiliu about virtual storytelling, how narrative driven property marketing is replacing traditional showrooms. Linkedin: https://www.linkedin.com/in/tudorvasiliu/

J Darrin Gross If you're willing, I'd like to ask you Tudor Vasiliu, what is the BIGEST RISK?   Tudor Vasiliu Oh, that's that's a hard one. Um, I mean, I can speak about so many things, but at the end of the day, the base of of of how we how we interact with people and how people interact with each other. I believe, you know, from my standpoint, is empathy, empathizing with your with your family, with your friends, with your clients, with everyone around you. I think that's a great way to navigate life and the loss of empathy is when the bad things happen. And I think, you know, we can be seeing that across the world, and nowadays it's everywhere, and we're asking ourselves, why is that happening? I don't think there's a, there's a easy answer to that, but there, you know, the the answer for me is try to keep that, keep alive that old sense of of old time, empathy that we were educated with, you know, the values that our parents instilled in in us and the education instilled in us, and even if you know the wo

Today, my guest is Mike Cossette. Mike is a world traveler and a REMAX broker, owner in Central Texas. He has 20 years as an agent investor who owns and manages multi family, short term rentals, commercial assets, a Florida Island and recently has had four kids in less than four and a half years. And in just a minute, we're going to speak with Mike Cossette about long term success with market volatility.   https://www.linkedin.com/in/mikecossette/ YouTube: askmikecoss@gmail.com

J Darrin Gross I'd like to ask you, Mike Cossette, what is the BIGGEST RISK?   Mike Cossette Well, Darrin, I appreciate all your insight, and I really appreciate that that question. And I like the three phases that you just went through, because that is going to help me restructure how I think about my own risk. I really that that was a nice little light bulb you gave me my personal risk. And I think a lot of investors might be seeing this now, and if they're not, if they're new investors, this is something that is vitally important is over leveraging. I think everyone you know says, Keep X amount of dollars, six, nine months of you know, costs, you know, capex, or what have you in the account I want. I think everyone should increase that because, as you mentioned with the global warming and fires and hurricanes and those black swan events. Everything can be going perfect, but it's what you don't and can't expect or predict that can sink the ship. And we're experiencing that now. Everything you know, even tou

Today, my guest is Matt Buchalski. Matt is a serial business builder, sales leader and multi family investor with nearly two decades of experience, and in just a minute, we're going to speak with Matt Buchalski about strategies for establishing quality returns and passive income in commercial real estate investing.    https://www.linkedin.com/in/matthewbuchalski/ matt@ownwell.com  

J Darrin Gross I'd like to ask you. Matt Buchalski, what is the BIGGEST RISK?   Matt Buchalski I think the biggest risk as an owner, slash general partner, is reputation risk. And I think reputation risk comes in two different forms. Right? Number one is your own personal reputation, right? How do you handle yourself during the hard times? How do you screen opportunities as they come into your inbox and really gage which ones are worthy of you putting your name reputation on, and frankly, capital into, because I put capital into every deal that we do, right? So I think there's reputation risk from that perspective, the other perspective, though, and this is kind of the little further downstream, but the reputation risk of. How you run your assets right? What happens to you and your community ecosystem by putting the wrong resident profile into your units? What happens if you're not screening your residents properly and they throw parties or they you know, they have bad actors that you know frequent your commu