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Resi to Commercial Brokerage, Finding Data, Banks Hate Ground Leases? (Office Hours)
Description
Key Takeaways:
Tyler is working on a boutique hotel project called Salt Ranch and is providing video updates on the project's progress.
Cauble is also running an apprenticeship program at Peerless Mill and is in the process of reviewing applications and scheduling follow-up calls.
Cauble emphasizes the importance of networking, cold calling, and personal effort in commercial real estate rather than relying heavily on software and technology.
He advises aspiring commercial real estate investors to "just do it" and make the leap, finding a mentor and getting hands-on experience.
Cauble discusses strategies for evaluating sites, maximizing cash flow, and educating tenants on triple net leases.
He also shares his perspective on why banks are hesitant to finance properties with ground leases.