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In this episode, Bo Barron, CCIM and Timmy Barron, ADHD interview the man the New York Times called the “The Real Estate Kingpin”, Bob Knakal, a prominent figure in the commercial real estate industry. They discuss the current state of the market in New York City and the impact of AI on the industry. Bob shares his origin story and explains why he started his new firm, BKREA. He also highlights the three main ways they are utilizing AI: prospecting, deal execution, and data interpretation. In this conversation, Bob Knakal discusses the importance of accurate calculations in real estate, the creation of the map room, the impact of interest rates on the market, and advice for college students entering the industry. He emphasizes the value of data, information, and relationships in commercial real estate brokerage. The conversation also touches on the concept of loss factor and the difference between office and residential buildings. Bob Knakal shares his insights and experiences, providing valuable lessons for aspiring professionals in the field.
Takeaways
Connect with Bob Knakal:
YT, IG, TT: @bobknakalnyc
X: @bobknakal
Email: [email protected]
www.bkrea.com
www.bobknakal.com
00:00 - Start
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron
Sign up for the course: “Implementing AI In Commercial Real Estate” starting Aug. 6, 2024 :https://www.orsci.net/events/implementing-ai-in-commercial-real-estate-3
Get 10% Off when you use the code: CSPOD
Follow Michael’s channel @CRETechPulse
In this episode, Bo Barron, CCIM and Michael Hironimus, CCIM discuss the potential of AI in Commercial Real Estate as Timmy Barron, ADHD gets his mind blown. Michael shares insights from his AI course which covers various topics, including market analysis, investment analysis, CRM automation, and marketing strategies. The goal is to help commercial real estate professionals leverage AI to improve efficiency and make better business decisions. Bo and Michael discuss the use of AI tools like, Perplexity, Bardeen AI and custom GPT models to gather information and automate tasks in commercial real estate. They highlight the efficiency and time-saving benefits of these tools, such as web scraping and CRM integration. They also emphasize the importance of setting clear guidelines and prompts when using AI models, treating them like interns who need proper training and supervision. The conversation concludes with a humorous trip down memory lane as Timmy shares the first video he and Bo collaborated on 13 years ago. Ending with a pop quiz, they then wrap up by discussing a discount for the commercially speaking audience to join Michael's course. They also mention Michael's YouTube channel, where he interviews people about new tech products in real estate.
⏰Time Code⏰
00:00:00 - Start
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron
Join Bo Barron, CCIM and Timmy Barron, ADHD in this captivating episode of "Commercially Speaking" as Bo welcomes fellow CCIM instructor and commercial real estate (CRE) investor Mark Cypert, CCIM, to the show. Mark shares three riveting stories from his investment journey, offering invaluable insights into the highs and lows of CRE investing.
What You'll Learn:
Mark’s stories provide a balanced view of the CRE landscape, highlighting both the potential for great success and the reality of significant risks. Whether you're an aspiring investor or a seasoned professional, this episode offers valuable lessons and real-world insights that can help you navigate the complexities of the CRE market.
Tune in to "Commercially Speaking" for an engaging and educational discussion that underscores the importance of resilience, strategic thinking, and risk management in commercial real estate investing.
⏰Time Code⏰
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron
Join Bo and Timmy Barron in this data-driven episode of "Commercially Speaking" as Bo dives deep into the world of void analysis. Learn how to harness the power of Site To Do Business to identify gaps in trade areas and uncover lucrative opportunities for proactive prospecting. This episode is packed with actionable insights for investors and brokers looking to elevate their decision-making process.
What You'll Learn:
Whether you're an investor seeking new opportunities or a broker aiming to enhance your prospecting strategy, this episode offers invaluable tools and techniques to help you succeed. Bo's expert guidance will equip you with the knowledge to perform void analysis effectively and leverage psychographic data to understand your market on a deeper level.
Tune in to "Commercially Speaking" for an insightful session that will transform the way you approach market analysis and prospecting in commercial real estate.
⏰Time Code⏰
00:00 - Start
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron
Join Bo and Timmy Barron in a captivating episode of "Commercially Speaking" as they welcome Jim Rosen, CCIM, a veteran instructor with decades of teaching experience. Jim specializes in CI 103, focusing on the user experience in commercial real estate (CRE). Known for his clear and engaging teaching style, Jim is the perfect guest to break down complex concepts in a way that's easy to understand, especially for minds like Timmy's.
Join Bo and Timmy Barron in a captivating episode of "Commercially Speaking" as they welcome Jim Rosen, CCIM, a veteran instructor with over 30 years of teaching experience. Jim specializes in CI 103, focusing on the user experience in commercial real estate (CRE). Known for his clear and engaging teaching style, Jim is the perfect guest to break down complex concepts in a way that's easy to understand, especially for minds like Timmy's.
What You'll Learn:
This episode is packed with valuable insights and practical advice from one of the best educators in the field. Whether you're a seasoned professional or new to the CRE industry, Jim Rosen's expertise will help you understand and apply crucial concepts to enhance your user experience and client satisfaction.
Tune in to "Commercially Speaking" for a masterclass in commercial real estate that will elevate your knowledge and skills.
Time Code:
00:00 - Start
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Join Bo and Timmy Barron in this thought-provoking episode of "Commercially Speaking" as Bo delves into the intersection of faith and business. Bo shares his biblical worldview and demonstrates how these principles not only guide his personal life but also drive his business success. Whether you subscribe to this worldview or not, Bo's insights offer valuable lessons for anyone in the commercial real estate (CRE) industry.
What You'll Learn:
This episode is a must-watch for anyone interested in integrating strong ethical values into their business practices. Bo's blend of faith and practicality offers a unique perspective on running a successful CRE business with integrity and purpose.
Tune in to "Commercially Speaking" for an inspiring discussion that bridges faith and business, providing actionable insights for professionals seeking to lead with character and conviction.
00:00:00 - Start
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron
Join Bo and Timmy Barron in this insightful and entertaining episode of "Commercially Speaking" as Bo shares his top 10 ways to effectively pursue a mentor in the commercial real estate (CRE) industry and beyond. Drawing from his extensive experience as a sought-after mentor, Bo outlines the dos and don’ts of seeking mentorship, ensuring you approach potential mentors in the best possible way.
What You'll Learn:
Whether you're new to the CRE industry or looking to advance your career with the guidance of a seasoned mentor, this episode provides invaluable advice and plenty of laughs. Tune in to "Commercially Speaking" and equip yourself with the knowledge and confidence to pursue and secure the mentorship you need to thrive in commercial real estate and beyond.
⏰Time Code⏰
00:00 - Start
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron
Join Bo and Timmy Barron in an exceptionally entertaining episode of "Commercially Speaking" as they welcome the show's most frequently mentioned person – Top Producer Todd Humphreys! Known as Bo's top-performing commercial real estate agent, Todd brings a wealth of knowledge, experience, and humor to the discussion.
What You'll Learn:
This episode is packed with practical advice, industry insights, and plenty of laughs, making it a must-watch for anyone involved in or interested in the commercial real estate sector. Pour yourself a bourbon and tune in to "Commercially Speaking" for an episode that combines expertise with entertainment, showcasing the many hidden talents of Todd Humphreys.
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
In a heartwarming and insightful episode of "Commercially Speaking," Bo and Timmy Barron welcome a very special guest live in the studio – their father, Bill Barron. This episode dives deep into the rich history of Barron Commercial Group, tracing its origins and evolution through the eyes of its founder, Bill Barron.
What You'll Learn:
This episode is a celebration of the Barron family's legacy, filled with wisdom, laughter, and heartfelt moments. It's a must-watch for anyone interested in the personal stories behind successful CRE professionals and the role faith and family play in their lives.
Tune in to "Commercially Speaking" for an episode that honors the past while inspiring the future, showcasing the values that have shaped the Barron Commercial Group into what it is today.
00:00 - Start
📒Show Notes📒
🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
SUBSCRIBE and LISTEN to Commercially Speaking Here:
📲 Connect with us:
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron
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