How to Invest in Commercial Real Estate

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

How to Invest in Commercial Real Estate episodes

October 18, 2022 Episode #082 - 6 THINGS You Need to Do Before Asking Investors for MONEY!
Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss 6 things you should do before asking potential investors to part with their hard earned money.
Time Stamps:
0:00 - Introduction
0:30 - It's distribution time!
2:38 - #1: Establish credibility with a website / landing page.
5:46 - #2: Let them know your track record.
8:42 - #3: Tell them HOW they're going to make money!
10:51 - #4: Prepare legal documents to ensure written accountability.
13:47 - #5: Let them know your level of involvement in the deals.
17:53 - #6: Show them the team that you're working with!
*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
October 11, 2022 Episode #081- Why You Should LEVEL UP From Residential to Commercial Real Estate Investing!
Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the pros & cons of residential and commercial real estate in an episode you don't want to miss!
Time Stamps:
0:00 - Introduction
1:28 - The joys of CRE: someone crashed into our building!
2:43 - Why aren't more people in commercial real estate?
4:48 - What is an asset? What is a liability?
6:29 - Reframe how you think about CRE!
12:25 - Is residential real estate HARDER than commercial?
14:55 - 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
18 min
October 03, 2022 Episode #080 - Our Top 11 Criteria For Underwriting Commercial Real Estate Properties!
Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund share their top 11 criteria for when underwriting commercial real estate properties! Use this checklist as a quick way to underwrite your next CRE deal.
Time Stamps:
0:00 - Introduction
0:43 - Market Report: Things are slowing down! Opportunities will begin to present themselves.
2:22 - Common questions we get: "How are you finding these deals?" and "What Criteria do you use?".
3:41 - #1: CAP Rate!
7:02 - #2: Positive Leverage.
9:20 - #3: Cash on Cash.
11:32 - #4: Internal Rate of Return.
13:18 - Our criteria for each category thus far!
14:09 - #5: Price Per Foot.
17:01 - #6: Demographics.
20:50 - #7: Deferred Maintenance.
23:19 - #8: Tenant Risk!
26:56 - #9: Deal Size.
29:19 - #10: Income Growth Assumption.
31:18- #11: Exit CAP Rate!
*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
MB01GOYTK7WTBLE
37 min
September 26, 2022 Episode #079 - Poker and Commercial Real Estate: Understanding Implied Value in CRE!
Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund use a poker analogy to educate investors on the nature of implied value in Commercial Real Estate!
Time Stamps:
0:00 - Introduction
5:21 - The benefits of understanding "implied value" when making decisions.
8:16 - No-limit poker and the mathematics behind its inherent risk.
13:58 - How do we take the poker example and apply it to CRE?
22:39 - Wrapping it up: understand the game you're playing!
*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
26 min
September 19, 2022 Episode #078 - "What the Heck is An Appraisal?" EVERYTHING You Need to Know About Appraisals!
In today's episode, hosts Braden Cheek, Brian Duck and Joel Thompson discuss everything you need to know when going through the appraisal process!
Time Stamps:
0:00 - Introduction
0:20 - What the heck is an appraisal?
2:05 - Your LENDER has to order your appraisal!
5:18 - How long does it take to get an appraisal?
6:41 - 3 methods of appraisal.
12:17 - Is there any way to change or influence the appraisal price?
13:40 - Different approaches of buying deals, & final 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
MB01GOYTK7WTBLE
18 min
September 12, 2022 Episode #077- HOME RUN! The Criterion Fund Sells 3 Out-Parcels in Plaza West Deal
Today our hosts Braden Cheek, Brian Duck and Joel Thompson discuss how they closed the sale of 3 out-parcels in their Plaza West deal, fully paying back their investor's initial equity investment and providing them continuous cash flow for the foreseeable future.
Time Stamps:
0:00 - Introduction
1:10 - We're closing on the sale of 3 out-parcels in Plaza West! The buyer bought it in a 1031 exchange.
4:00 - We sold 1/10th of the total square-footage for 50% of the total value of the property.
8:22 - Let's talk numbers & returns!
12:40 - The power of Equity Farming: The ultimate home run in CRE is in keeping the properties and letting their value grow while paying investors their returns.
14:50 - What steps did we take to get these out-parcels sold?
*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
0 min
September 06, 2022 Episode #076 - NEVER SPLIT THE DIFFERENCE: Strategies for Negotiating in Commercial Real Estate!
Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund give advice on how to prepare and execute various negotiating strategies in CRE!
Time Stamps:
0:00 - Introduction
0:16 - We are closing our brand new development in Owasso!
2:26 - Today's topic: negotiating strategies!
3:12 - How to negotiate when selling properties.
5:18 - Never give a discount to a seller unless you're getting non-refundable earnest money in return.
10:04 - Information is leverage! The more information you have in a negotiation, the better.
13:14 - On lease negotiations.
19:47 - Never split the difference!
22:13 - The power of playing good cop, bad cop!
26:09 - Joint venture deals.
*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
MB01GOYTK7WTBLE
31 min
August 29, 2022 Episode #075- Use THIS Budgeting Hack to STOP Living Paycheck to Paycheck!
Today hosts Braden Cheek, Brian Duck, and Joel Thompson from The Criterion Fund discuss the fundamental problem in how the average person budgets their own money, and what they can do to fix it!
Time Stamps:
0:00 - Introduction
0:40 - Our Owasso deal was 221% overcommitted!
3:00 - How is it people are making different amount of money, yet they're all living paycheck to paycheck?
5:22 - The NUMBER ONE reason people live paycheck to paycheck: THE STUFF!
8:35 - The fundamental problem in how we approach budgeting.
11:00 - The subtle genius of Monthly-Cost-Averaging.
14:15 - The importance of delayed gratification.
16:52 - It's time to revamp your budget!
18:06 - Why is it that wealthy people are often the most frugal?
*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
MB01GOYTK7WTBLE
22 min
August 22, 2022 Episode #074 - What We LOVE About Our NEWEST RETAIL DEVELOPMENT!
Today hosts Braden Cheek, Brian Duck, and Joel Thompson from The Criterion Fund discuss what they love about their newest retail development in Owasso! Tune in now to hear them discuss the required equity raise, the expected investment structure, the projected returns, and the potential risks!
Time Stamps:
0:00 - Introduction
0:31 - Where's the new deal located?
1:21 - What's important to know about this deal?
2:14 - How a ground lease works.
5:05 - Tell us about the other 4 tenants!
6:47 - What's the equity raise, investment structure, and projected returns?
11:13 - Potential risks for the investors.
17:24 - A final word on this deal! Join our FREE investor list to stay up to date on out newest developments.
*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
MB01GOYTK7WTBLE
19 min
August 15, 2022 Episode #073 - The 7 LEVELS of Investing!
Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund discuss the 7 levels of investing and provide insight on how to move up to the "Sophisticated Investor" level that everybody should be striving towards!
Time Stamps:
0:00 - Introduction
1:40 - Level #1: The "Broke" Investor! We've all been at this starting point before. You have to do everything you in your power to increase your income.
3:58 - Level #2: The Borrower! This category uses their income to borrow money in order to purchase liabilities with interest.
5:18 - Level #3- The Saver! This category is risk-averse, but unaware of investing strategies. Unexpected events can wipe their money out.
7:00 - Level #4 - The Simple Investor! Low-Level of financial education; they might take advantage of a 401k, but they're still doing the bare minimum.
8:55 - Level #5 - The Strategic Investor! They have a solid salary & expendable income, and they're developing a plan to put a safety net in place.
12:14 - Level #6 - The Sophisticated Investor! They have money left over after building their safety net and now they're looking for high-risk, high-return assets.
16:28 - Level #7 - The Professional Investor! They've mastered creating investments for other people to put their money into. Infinite returns are possible at this stage.
*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
25 min