How to Invest in Commercial Real Estate

By Criterion, Braden Cheek, Brian Duck, Joel ThompsonBusiness Investing

How to Invest in Commercial Real Estate episodes

January 16, 2023 Episode #092 - It's DISTRIBUTION TIME! Criterion's Q4 and 2022 Distribution Recap.
Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the distributions that they sent out in Q4, as well as what their total distributions were for 2022!
Time Stamps:
0:00 - Introduction
0:09 - It’s DISTRIBUTION TIME!
1:22 - We bought $60 million worth of real estate last year, with $5.7 million being distributed to our investors.
2:38 - Our deals are filling up quicker than ever, so be sure to act fast when our investor list opens! Feel free to give us a call so you can get involved.
4:48 - Our first deal of 2023: A partnered ground lease in Burleson, Texas!
11:19 - What’s in the pipeline for 2023?
14:06 - In conclusion…
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
16 min
January 09, 2023 Episode #091- A Review of Our 2022!
Today hosts Braden Cheek, Brian Duck, and Joel Thompson review their 2022 deals and acquisitions while gearing up for a different approach to their investing strategy in 2023!
Time Stamps:
0:00 - Introduction
0:36 - Our investor list continues to grow, with over 100 new investors in 2022!
1:39 - We bought Plaza West in January of 2022.
2:20 - We purchased Gordon & Farber and Marketplace Commons in April of 2022.
4:02 - We bought another Kiddie Academy in Cypress, Texas in June & sold it 4 days after Christmas with a 50% IRR.
5:11 - We purchased a Kiddie Academy in New Jersey in July & will sell it in the next 6 months.
6:07 - We bid on Stonewood Village in Stone Mountain, Georgia in August which has been doing well overall.
7:58 - Our acquisition in Slydelle, Louisiana with the value-add out parcels.
9:49 - The retail development deal on 96th & Garnett in Owasso!
10:52 - Our 2 ground leases next to Chipotle in Owasso.
13:31 - Our purchase of Rogue Owasso, & the pain of our investor lists being filled up quickly.
14:45 - We want to find more deals, but our 2023 deals will look different than 2022.
16:16 - Our predictions for 2023!
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
18 min
December 19, 2022 Episode #090 - When to WALK AWAY From a Deal in Commercial Real Estate!
Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the times in which you should WALK AWAY from a Commercial Real Estate deal, providing real life examples from their own experiences.
Time Stamps:
0:00 - Introduction
0:20 - We’re ending the year with TWO new closings!
1:33 - Reasons to NOT buy real estate.
2:36 - Example #1: The “Free Lease” deal in Wichita.
5:00 - Example #2: The deal in Tulsa where the owner wouldn’t provide historic financial data.
6:12 - Example #3: The Las Vegas deal with the environmental issues.
8:55 - Example #4: Not getting your commitment letters before the end of your due diligence period!
12:25 - Example #5: If you find some problems with a property that were NOT disclosed in the Operating Memorandum.
15:31 - Example #6: If you can’t get an estoppel on your largest income-producing tenant.
19:06 - Example #7: Rumors of bankruptcy & other major risks can completely destroy a deal.
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
23 min
December 12, 2022 Episode #089 - Save Money On Your Taxes NOW! The Benefits of Cost Segregation With Guest Erik Oliver
Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss cost segregation & its benefits with special guest Erik Oliver from Cost Segregation Authority.
Time Stamps:
0:00 - Introduction
0:44 - Erik’s background
1:41 - What is a cost segregation study?
4:02 - What is the average depreciation schedule when using a cost segregation study?
5:20 - What is the time frame & cost expected for hiring a cost-deduction specialist?
6:24 - Can you do a cost segregation analysis in your 3rd & 4th year?
8:25 - Can an individual try to do a cost segregation on their own?
12:11 - Energy credit savings!
15:43 - The relationship between CPA’s and cost segregation specialists
17:50 - Best way to get in touch with Erik?
Visit www.costsegauthority.com !
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
20 min
December 05, 2022 Episode #088 - Create the Life You Want Using PASSIVE INCOME!
Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss how to obtain a million-dollar lifestyle by generating passive income- with numbers to back it up!
Time Stamps:
0:00 - Introduction
1:02 - Investment updates!
2:06 - Today’s topic: how to create the life you want!
4:10 - Running the numbers on a million-dollar lifestyle.
8:55 - Comparing CRE investing to a 401k plan.
10:10 - Allow yourself to think about the life you want to live!
11:14 - Example #2: running the numbers on a more financially conservative lifestyle!
14:56 - Learn to set money aside & watch your money SLOWLY grow.
19:25 - In conclusion…
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
21 min
November 22, 2022 Episode #087- How to LOWER Your Effective Tax Rate Using Commercial Real Estate!
Today hosts Braden Cheek, Brian Duck, and Joel Thompson discuss ways to save money on your taxes by utilizing various Commercial Real Estate tax codes!
Time Stamps:
0:00 - Introduction
0:49 - Braden’s monopoly revelation
2:45 - Let’s talk about TAXES!
4:20 - Tip #1: cost recovery / depreciation
8:20 - Cost segregation studies
13:29 - Tip #2: Capital Gains taxes!
17:07 - Tip #3: 1031 Exchanges!
22:00 - In conclusion…
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
24 min
November 14, 2022 Profit & Loss Checklist: These 8 Items Will Help You Calculate Your P&L!
Today hosts Braden Cheek, Brain Duck and Joel Thompson discuss 8 major things you need to know when considering profit & loss in commercial real estate.
Time stamps:
0:00 - Introduction
1:52 - Our new Owasso co-working space is coming soon!
2:35 - Today’s topic: understanding profit & loss!
3:27 - Gross Income / Revenue
5:18 - Different types of expenses!
8:11 - Net Operating Income (NOI)
10:23 - CAP Rate & how it interacts with the NOI & purchase price.
11:55 - Debt Service
13:55 - Is there a difference between profit and cash flow?
15:37 - Amortization cash flow, & depreciation!
18:56 - Final recap!
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
22 min
November 07, 2022 Episode #085 - Current Market Update: Interest Rates RISE AGAIN!
Today hosts Braden Cheek, Brian Duck, and Joel Thompson discuss the current state of the market and its potential impact on real estate. What are your thoughts? Let us know in the comments section.
Time Stamps:
0:00 - Introduction
0:43 - It's a crazy time to be in real estate! 0.75% interest rate hike, with prime now at 7!
2:26 - They're not quitting until inflation is under control.
3:49 - So what does it mean?
6:19 - The big picture- how we're feeling the impact of 2020's "Quantitative Easing".
9:42 - How does this affect real estate?
14:39 - Let us know your thoughts!
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
16 min
October 31, 2022 Episode #084 - Everything You Need to Know About LEASE AUDITS!
Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the logistics behind lease audits and what to look out for when reading over lease agreements!
Time Stamps:
0:00 - Introduction
0:19 - Both of our Kitty Academies have been remodeled & are hitting the market!
2:12 - The logistics of the U-Haul incident at Plaza West and the broken HVAC unit at Dollar General.
4:33 - Understanding lease audits and how to build your model before purchases.
6:50 - There's 3rd party companies that do the lease audits for you.
8:23 - Multi-tenant vs. multi-family lease audits.
11:42 - Verifying triple nets vs. gross leases.
14:28 - Outs: Noticing how & when people utilize outs, & when they're necessary.
16:36 - Who pays for the ongoing maintenance items?
19:00 - Restrictive use.
20:39 - In conclusion...
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
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23 min
October 24, 2022 Episode #083 - Analyzing the Stock Market vs. Commercial Real Estate!
Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund discuss the various investment options available in today's volatile market.
Time Stamps:
0:00 - Introduction
0:19 - "Iconik Bixby" breaks ground this week!
3:30 - Analyzing various investment options: the stock market is down!
5:57 - With real estate, our dividend has remained the same.
12:25 - In conclusion...
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce
https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200
Links mentioned in this episode:
www.TheCriterionFund.com
www.HowToInvestInCRE.TV
Invest.HowToInvestInCRE.com
To sign up for our exclusive investor list, click below.
https://www.thecriterionfund.com/join-our-investor-list
15 min