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Determining GP Splits, Leasing Big Box Retail, Leasing Flex Space (Office Hours)
Description
Key Takeaways:
Office space has evolved significantly, shifting from traditional to open floor plans to remote work, similar to the changes seen in retail
Cauble is hiring for an office manager and integrator roles at his company
Cauble is organizing an in-person commercial real estate conference in Nashville this fall
Cauble and Logan Freeman are launching a commercial real estate brokerage mastermind on October 1, 2024
Cauble provided advice on calculating GP percentage for capital raises, the importance of having an active role when raising capital, and the challenges of wholesaling commercial real estate compared to residential
Cauble emphasized the value of gaining experience working at another brokerage before starting your own, and the need to prioritize your skills and goals when considering running a brokerage
Cauble provided tips on tenant selection, including being cautious of auto mechanics and thoroughly vetting potential tenants