How to Invest in Commercial Real Estate

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

How to Invest in Commercial Real Estate episodes

May 16, 2022 Episode #062 - You're Always ONE CONTACT AWAY From Changing Your Life FOREVER!
Today our hosts Braden Cheek, Brian Duck, and Joel Thompson with The Criterion Fund discuss how being open to meeting new people and asking them the right questions can change your life forever!
Time Stamps:
0:00 - Introduction
1:34 - You're not only idea away, you're one contact away.
2:41 - We get more calls from random people than people we know!
3:53 - Real world examples of tmes we met people that changed our lives!
4:15 - How we met Neil Dailey
6:53 - Having the courage to show up to meet people is what opens doors.
7:54 - The cold call from the Mortgage Broker in Boston that helped Joel learn about Multi-Family Investing.
11:32 - The time we blew off a cold call and lost millions on a deal in Norman!
14:01 - Ask eachother how you can add value! The Bixby deal we're working on started from a simple cold call.
17:05 - Don't be afraid to contact that person you know will help you advance your career!
18:19 - The power of asking questions.
*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
May 09, 2022 Episode #061 - EVERYTHING You Need to Know About REAL ESTATE AUCTIONS!
Today our hosts Braden Cheek, Brian Duck, and Joel Thompson with The Criterion Fund discuss everything you need to know to be fully prepared when it comes to buying Real Estate from auction platforms!
Time Stamps:
0:00 - Intro
1:21 - More & more people are putting their properties on auction platforms.
2:36 - A big driver for sellers on auction platforms is a guaranteed sale.
3:02 - The platforms we use (tenx.com, RiMarketplace.com, etc.)
4:03 - The registration process
6:50 - Everything you need to know about the underwriting process on auction platforms.
10:06 - Some negatives of buying from auction-type platforms.
16:09 - Positives of buying from auction-type platforms.
17:21 - The Criterion Fund's most recent experience of bidding on an auction site.
19:18 - The Auction House will bid against you!
24:10 - We've utilized these platforms, but not without its challenges.
*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
May 02, 2022 Episode #060 - HOW TO EARN 40% on Your Money!
"Compounding Interest is the 8th wonder of the world." - Warren Buffet
Today our hosts Brian Duck and Joel Thompson with The Criterion Fund run the numbers on how you can earn 40% compounding on your money by investing in Commercial Real Estate!
Time Stamps:
1:00 - "Compounding Interest is the 8th wonder of the world." - Warren Buffet
1:54 - We've been conditioned to think that if returns are above a certain level, it's too risky - so what are the various ways can you invest your $25,000, & what type of returns can they generate?
4:52 - You're 25 and you have $25,000 to invest. You invest 10% compounding every year for 40 years. How much $$$ do you have?
6:05 - What if you waited until you were 40 to invest? How much $$$ would you have?
6:40 - Most people don't have a sense of delayed gratification.
7:20 - What if you got a 20% return at age 25 as compared to age 40? (Spoiler alert: $37 Million as compared to $2 Million).
9:24 - Example of your expected returns when buying a $1 Million cash flow building.
17:08 - If you invested $25,000 @ 40% / year, compounding for 40 years, you'd have $17.5 Billion.
*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
April 25, 2022 Episode #059- The Top 10 CRAZIEST THINGS We've Seen in Commercial Real Estate!
Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, and Joel Thompson from Precision Equity talk about some of the wildest experiences they've had during their careers in Commercial Real Estate!
Time Stamps:
1:18 - A man breaks his neck, and we have to cut a million dollar check.
2:53 - How Joel used 10 credit cards to buy his first apartment complex.
5:10 - The disconnected city sewage in North Carolina.
7:33 - The big boiler lawsuit.
10:07 - BEWARE OF SH*TTY SIGNS (literally).
11:25 - A security guard catches a bullet and cheats death.
13:10 - The meth lab explosion.
14:41 - How Joel lost $250,000 because he left a "material adverse change" clause out of his contract.
16:57 - That time we put $800,000 down (non-refundable) on a property we've never seen before.
*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
April 18, 2022 Episode #058- There's Money EVERYWHERE! The Secret to CLOSING Deals in Commercial Real Estate
Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, and Joel Thompson from Precision Equity talk about the benefits of the wide availability of money and investors in Commercial Real Estate, and how to get your deals through to closing!
Time Stamps:
1:13 - There's money everywhere! You just need to know where to look.
3:08 - How do you get that deal closed? Think about ways you're going to win!
4:18 - How we started getting deals closed.
7:37 - Our $2 million investor list filled up in 17 HOURS!
9:00 - The different levels of "finding deals" in Commercial Real Estate.
15:00 - Success depends on you doing the work or not doing the work.
18:00 - You're not going to get rich on your first deal.
19:20 - Meet with bankers & lenders and ask them "What if?" questions to gauge your 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
22 min
April 15, 2022 Episode #057- It's DISTRIBUTION TIME! The Criterion Fund Recaps Q1 of 2022!
Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, and Joel Thompson from Precision Equity recap the first quarter of 2022 as they talk about their favorite part of investing in Commercial Real Estate- sending checks to investors!
Time Stamps:
1:12 - It's distribution time!
1:48 - Most people have never had passive income in their lifetime.
2:54 - A deep dive into everything regarding returns.
6:15 - What happens if you don't meet your 8% preferred return?
7:01 - A question we get asked frequently... "Why 8%?"
8:51 - Aren't there tiers to incentivize the general partner to do better on returns?
10:00 - Why it's so important to read the distribution agreement (go to section 4, "Distributions" every time you're looking at an operating agreement).
10:42 - The term "Waterfall" and how it connects to tiering.
11:30 - Can investors negotiate ownership in these deals?
15:00 - Our new deal in the New Orleans area (Slidell, Louisiana).
16:54 - Our investor lists are filling up faster than ever before.
18:00 - More on our new Slidell deal.
19:15 - Cash on cash expectations for the Slidell, Louisiana 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
24 min
April 11, 2022 Episode #056- A Deep Dive Into Criterions' TWO NEW Kiddie Academy Acquisitions!
Today our hosts Braden Cheek & Brian Duck from The Criterion Fund and Joel Thompson from Precision Equity discuss the purchase of two new Kitty Academy properties, and what type of returns investors can expect from this acquisition.
Time Stamps:
1:05- How is this development different than the other Kitty Academy deal?
1:27 - The story of the first and second Kitty Academy deals.
2:51 - What are the lease terms? What is the CAP Rate?
3:42 - The Kitty Academy in Cypress is already operating.
4:25 - What are the expectations for this deal? (IRR & Equity Multiple)
5:37- What happens if we sell one & don't sell the other one?
6:26- Is there still time to get in?
7:09- Our growing relationship with Woodmont Commercial Real Estate
8:04- "When you give an investor a 78% IRR, they want to reinvest with you."
8:23- Don't miss your chance to invest with us... subscribe to our investor list!
*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
10 min
April 04, 2022 Episode #055- How AVERAGE Investors Get BIG WINS in CRE!
Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, Joel Thompson from Precision Equity and guest Clinton Taylor on behalf of Woodland Creek Furniture Tulsa discuss how the average investor can make big return by taking calculated risks in Commercial Real Estate.
Time Stamps:
0:55- How do we get the average person who's interested in CRE to take Action?
3:15- "Getting your first check in the mail changes your whole perception of CRE Investing."
3:57- Clint's gateway into Real Estate.
7:54- The importance of looking at Real Estate & asking "Where can I add value?"
8:15- How Clint got the idea of selling the back half of his land from The Criterion Fund & the competitive advantage of owning land.
10:12- What's the biggest deal you've done & how quickly did it happen?
13:17- Your family members will typically want to invest with you once they start to believe in you.
14:13- How doing your due diligence & being steadfast with negotiations pays off massively over time.
17:43- "I've got $25,000-$50,000 to invest, what do I do?"
18:39- How much has CRE Investing helped you back off of your day job?
19:54- How the Real Estate game is simple, and how 15 minutes on realtor.com in the morning & evening pays off over time.
*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
March 28, 2022Episode #054- What We Love About These TWO NEW PROPERTIES in St. Louis!
Today our hosts Braden Cheek & Brian Duck from The Criterion Fund and Joel Thompson from Precision Equity discuss The Criterion Fund's closing on both the Gordon/Farber and Marketplace Commons properties in St. Louis.
Topics discussed:
The names & locations of the St. Louis properties.
Why do we love this St. Louis deal?
The Criterion Fund's Business strategy with the new properties.
Which property will be the value driver of the fund?
What kind of Cash on Cash returns are we expecting?
The debt terms we are working with.
What is the 5-Year IRR expected to be?
The Criterion Fund had their biggest equity raise to date on this deal- in just one week!
How to join our investor list.
A huge THANK YOU to our investors!
*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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14 min
March 21, 2022 Episode #054- What We Love About These TWO NEW PROPERTIES in St. Louis!
Today our hosts Braden Cheek & Brian Duck from The Criterion Fund and Joel Thompson from Precision Equity discuss The Criterion Fund's closing on both the Gordon/Farber and Marketplace Commons properties in St. Louis.
Topics discussed:
0:42 - The names & locations of the newly purchased properties
1:14 - Why do we love this St. Louis deal?
2:13 The Criterion Fund's Business strategy with the new properties.
6:36 - Which property will be the value driver of the fund?
9:37 - What kind of Cash on Cash returns are we expecting?
10:34 - The debt terms we are working with.
12:00 - What is the 5-Year IRR expected to be?
13:17 - The Criterion Fund had their biggest equity raise to date on this deal- in just one week!
14:38 - How to join our investor list.
16:05 - A huge THANK YOU to our investors!
*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
17 min