We all have stuff. And there’s real estate investment opportunities tied to all of our stuff. Now typically that would make you think of storage - which is an asset we covered on The Yield Coach Show (S01 E27, go check it out) before. But this week we’re talking about all of that stuff BEFORE it gets into your hands. The places where it’s made and produced: Warehouses, distribution centers, manufacturers, industrial outside storage (IOS for the fancy folk). We’re talking about industrial real estate.

Do these properties look sexy? Our guest this week, Eric Bumgarner the Executive Vice President of Industrial Brokerage Services with Colliers NE Florida, would concede that it isn’t, but what it lacks in cosmetic allure, it makes up for in terms of a safe, reliable, and long term investment. As Eric says, it’s everywhere all the time- it’s timeless. Jacksonville is uniquely primed for these properties because of the Industrial Sanctuary zones we have in our city,  which includes a lot of the 159 million sqft of warehouses we have. 

Eric predicts an uptick in industrial transactions in the second half of 2024, and if you want to be a part of it, listen to the end where he tells you what he would invest in.

Eric talks about:

And, locally:

Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida.

Connect with Eric: 

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Theme music provided by: The Firewater Tent Revival

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The people that get it, get it. The people that don’t, don’t. But in this episode we attempt to explain what makes Jacksonville so great, and we brought in an expert.

Katie Mitura is the Chief Marketing Officer at Visit Jacksonville, and for the last 19 years she’s been getting people to visit and love Jax like she does - and she makes an excellent case.She is the brain behind the Jacksonville Ale Trail, the first in Florida by the way, which brings in travelers from all over. She also spends a lot of her time pitching our city to conferences and event planners to get them to come to our city for a huge economic boost. 

Katie’s big campaign right now is called Bring It Home, if you have a conference or business retreat you attend, Katie wants you to send her your contact and bring that conference or event here to Jacksonville. You get to show off your city AND be the hometown hero.

Ian now really wants A BADASS REAL ESTATE CONFERENCE in Jax, “We’ll finish at Pete’s!”

Katie talks about:

And, locally:

Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida.

Connect with Katie: 

Connect with Ian: 

Ian’s Shoutouts:

Theme music provided by: The Firewater Tent Revival

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Florida, and NE Florida specifically, experienced huge growth despite COVID, and has not stopped since.

Jacksonville has added 40,000 jobs a year on average for the last two years, 8,200 units are slotted for construction this year, and the city is spending $4.5 billion on projects for downtown and surrounding areas to revitalize and grow the landscape and culture of our neighborhoods.

This week John Rutherford, Senior Vice President of Multi Family Sales at NAI Hallmark, joins us again to discuss all the great changes happening in Jax and what to expect going forward. John releases quarterly reports for our area and has become a vital resource for buyers and sellers in Jax. He loves to talk about what makes our city great, and why it will continue to be a great place to live and work despite potential challenges in the future. 

John talks about:

And, locally:

Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida.

Connect with John: 

Connect with Ian: 

Theme music provided by: The Firewater Tent Revival

https://open.spotify.com/artist/7rRU3ACLdkUtvkZc3DGbUJ?si=cKiWTd2lQvKFkLiZxffgXA&nd=1&dlsi=ffb0de76e1874912

Everyone wants to know: when will we see a reduction in interest rates? Jesse’s answer might surprise you.

Jesse Stakes isn’t just anyone, he’s the Commercial Relationship Manager at One Florida Bank and the host of the Making Cents of It All Podcast. Jesse has lived in Jacksonville his whole life and has worked in banking, commercial banking specifically, for a lot of that time. He’s seen our city through a lot of changes and he brings to light an important and fundamental aspect of our market - and that’s insulation. 

This week we get to hear about the other side of the commercial investment process: lending. Jesse breaks down how banking concerns have changed since 2021 (it’s changed a lot in that short time), and what you need to do as an investor NOW to help your banker when that juicy deal comes along in 2024. 

Jesse talks about:

And, locally:

Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida.

Connect with Jesse: 

Connect with Ian: 

@yieldcoach on socials

Theme music provided by: The Firewater Tent Revival

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It’s not a surprise to the folks who live here, but for everyone else: Jacksonville has been having a surge in population and with that - investors.

In this episode we talk to someone who sees a lot of those transactions to pick his brain over why our city and what to expect in the coming months and year. We trusted the Director of Multifamily Sales at Franklin Street: Steve McAdoo.

Another friend of the show, Steve, is a great resource for learning about multifamily trends in NE Florida, getting in depth analyses of the types of deals coming across his desk, and how it compares to past years and future projections. He has used these skills to help clients find the best asset for their goals, and even opened his own investment firm.

Steve talks about:

And, locally:

Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida.

Connect with Steven: 

Connect with Ian: 

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Ahh, the dreaded tenant eviction. The word itself – along with words like “notices”, “judgments”, and “sheriff” – is enough to strike fear into the heart of landlords.

So in this first episode with a purely local focus on commercial real estate, we bring in our region’s foremost expert in commercial evictions: attorney Meghan Edwards of Edwards & Edwards PA right here in Jacksonville. 

Meghan is a friend of the show who once helped Ian navigate 14 evictions in the span of a year (a story for another day), and today she easily handles just about every question a commercial landlord could have about the legal process of evicting a tenant from A to Z.

Meghan talks about: 

And, locally: 

Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida.

Theme music provided by The Firewater Tent Revival

https://open.spotify.com/artist/7rRU3ACLdkUtvkZc3DGbUJ?si=cKiWTd2lQvKFkLiZxffgXA

Connect with Meghan: 

Connect with Ian: 

In this quick episode, Ian explains the show’s rebrand and his decision to focus exclusively on commercial real estate investing in the greater Jacksonville area.

We’re niching down to focus on the asset class that Ian’s team is immersed in day-in, day-out… and the strategies that helped him quickly get out of debt and achieve millionaire status in just a few short years. 

In the coming weeks and months, you’ll hear from: 

Since we started this show, we’ve had 50+ rockstar guests and have learned a ton from each and every one of them. 

We’re also really excited for this new phase of the podcast, and truly believe that by narrowing our focus we’ll be able to make a bigger impact and help more investors right here in our backyard.

Thank you for your support; if the newly-focused show sounds like it’s for you, be sure to follow and spread the word!

Connect with Ian: 

Join our Investor Portal: www.investwiththecoach.com

This week we give the Yield Coach Show a proper farewell with Josh Plave of Wall to Main. While the title sounds unrelated to real estate, you'd be wrong to assume so. Josh Plave is a tremendous resource for those with self-directed retirement accounts, looking to become passive investors. He answers the broad questions, like what kind of accounts benefit which goals, and what to do with the account you have (and what you CAN'T do). We couldn't have found a better guest to help us close this chapter of our show.

Resources:

Blue Ocean Strategy by W. Chan Kim and Renée Mauborgne

Find Josh here:

www.walltomain.com

www.learntoselfdirect.com for Josh's course

Kevin of Pine Financial Group, joins us this week to discuss debt funds, lease options, and of course creative financing. As a private money lender Kevin has an eye for a story and loves to help investors diversify and reach their goals. Today we discuss some high level thinking when it comes to modern investing and Kevin makes parallels to economic trends of the past.

Resources:

Rich Dad Poor Dad by Robert Kiyosaki

E-Myth by Michael Gerber

Traction by Gino Wickman

Find Kevin here:

ThePineReport.com

How to Stay Safe in Private Lending by Kevin Amolsch

Join our Investor Portal:

www.investwiththecoach.com

Shannon, the son or a real estate agent and a developer, talks to us about why he loves industrial and commercial asset classes and what he sees wrong with investment trends right now. Spoiler Alert: he makes a lot of great points. Don't forget to get t the end where Shannon talks about his coaching program, and truly there's very few out there like it.

Resources:

Never Split the Difference by Chris Voss

Find Shannon Here:

www.shannonrobnett.com

@shannonrobnett on social media

Robnett's Real Estate Rundown (Shannon's Podcast)

Join Our Investor Portal Here:

www.investwiththecoach.com