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Join us for an exciting episode with Dr. Mike McManus and Tre Bordeaux as they delve into an insightful discussion about the distinctions between commercial and residential real estate, particularly emphasizing the industrial sector. Their dialogue extended to exploring the present market conditions, encompassing the effects of interest rates, the prospects related to the inland port, and the investment potential in Salt Lake City and its environs.
They addressed the obstacles the multifamily and industrial development sectors encountered amidst the prevailing economic conditions, emphasizing the significance of comprehending company operations and being proactive about industry solutions.
What you’ll learn from this episode
About Tre Bourdeaux
Tre currently serves as a Vice President specializing in Industrial & Logistics on the Peterson Industrial Team in the Salt Lake City office of Legend Partners. Tre’s area of focus is in 5,000 to 500,000-square-foot industrial real estate, specifically in Salt Lake, Davis, Weber, and Utah Counties representing all real estate needs for landlords, tenants, buyers, and sellers. Tre also focuses on sale and lease in build-to-suit developments involving manufacturing plants, distribution warehouses, R&D facilities, and other light industrial property types. Tre started his career in Commercial Real Estate in 2018 after finishing his Economics degree from the University of Utah.
Tre has successfully closed over $150 Million in transactions over his 6-year career. His success is in the early stages of his career and has earned him high respect throughout the entire brokerage community. He is highly equipped with knowledge in real estate research, sales, and marketing. Possessing exceptional interpersonal skills and analyzed strategic planning that has allowed him to have great success in the first six years of his career.
Tre has a drive to take care of his clients and cater to the various needs that are becoming harder and harder to find in Utah’s real estate market. He brings a great amount of diversity as well as a vast number of connections that include many decision-making individuals in the state of Utah. His outreach, knowledge, and success at such a young age in this industry have proven he will continue to be a known figure in the brokerage community for years to come.
Connect with Tre
What to anticipate soon, stay tuned!
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If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at [email protected] | TheFortressCapital.com
In a compelling and candid discussion, Mike delved into the pivotal significance of conquering challenges in the realms of real estate investing and personal life. He provided remarkable insights into his company's remarkable progress in strategizing and launching new projects and a fund.
He openly shared the deeply personal experience of confronting a retinal detachment and undergoing surgery, emphasizing his resolute commitment to forge ahead despite any initial reservations.
Concluding on an exciting note, he enthusiastically detailed his visionary plans for an upcoming free webinar series, the inception of a transformative 12-week high-performance coaching program, and his enthusiastic pursuit to identify an enthusiastic volunteer to lead the program.
What you’ll learn from this episode
What to anticipate soon, stay tuned!
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at [email protected] | TheFortressCapital.com
This episode takes the audience through Mike's remarkable journey of triumphing over burnout and elevating his performance with the guidance of a well-matched coach. He articulately captures the profound impact of mentors and coaches on his trajectory within the real estate realm and personal development.
Delving deeper, Mike outlines his strategic intention to re-engage with a select group of highly accomplished executive coaches. Elaborating on the nuanced challenges individuals confront when venturing into alternative asset investments, notably commercial real estate, and introducing an innovative approach through webinars to facilitate interactive education and address pertinent questions.
What you’ll learn from this episode
What to anticipate soon, stay tuned!
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at [email protected] | TheFortressCapital.com
In this part 2 episode with Dr. Lee Newton, he highlighted his interest in value engineering and its application in creating cost-effective home designs, with a particular focus on enhancing foundation systems and optimizing resource usage. He also expressed his intentions to expand his small-scale developments to address affordable housing needs. The conversation also touched upon the cost-effectiveness of this approach compared to traditional foundation digging, with a teaser for more comprehensive cost comparisons in the future.
Explore the concept of efficient home design, drawing from Dr. Newton's interest in home efficiency and his reference to the book "The Not So Big House" by Sarah Susanka. This led to an exchange related to the potential of downsizing and real estate investments, with Dr. Newton outlining plans to scale his home design concept and collaborate on building multiple homes simultaneously.
Valuable resources are provided, including Dr. Newton's Ebook, "A New Housing Paradigm," and a Top 10 list of real estate mistakes frequently observed among doctors.
What you’ll learn from this episode
Resources mentioned in this episode
Dr. Lee Newton has been a practicing optometrist for 24 years and also enjoys real estate development and construction immensely. He has helped other healthcare professionals, financial professionals, and tradespeople design and construct their office suites and buildings affordably. Lee has a special interest in affordable housing; his thesis is that we have allowed housing costs to spiral way out of control.
Connect with Lee
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at [email protected] | TheFortressCapital.com
In this episode, Dr. Lee Newton and our host Dr. Michael McManus have covered a broad array of critical topics in real estate development during their engaging discussion. They have delved into key aspects such as affordable housing, building efficiency, and the financial considerations of investing in office properties.
Additionally, they have explored strategies to enhance building efficiency, emphasized the advantages of utilizing helical piles and concrete piers for foundation systems, and underscored the importance of efficient home design.
What you’ll learn from this episode
Resources mentioned in this episode
About Dr. Lee Newton
Dr. Lee Newton has been a practicing optometrist for 24 years and also enjoys real estate development and construction immensely. He has helped other healthcare professionals, financial professionals, and tradespeople design and construct their office suites and buildings affordably. Lee has a special interest in affordable housing; his thesis is that we have allowed housing costs to spiral way out of control.
Connect with Lee
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at TheFortressCapital.com
An insightful episode where Mike introduced the Interstate Medical Licensure Compact, which aims to simplify the process for doctors to obtain medical licenses across state lines. He also shared some interesting insights on the recent revisions to the unemployment numbers by the Bureau of Labor Statistics and how they could potentially impact the Federal Reserve's view on the economy.
Lastly, he shed light on the impact of housing costs, especially rent, on inflation and offered advice against basing real estate deals on expected rate changes.
What you’ll learn from this episode
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at TheFortressCapital.com
Do you care about paying too much in taxes? Would you like to save more of your hard-earned dollars?
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So let's jump on a call and see how we can collaborate!
Connect with Eunice
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at TheFortressCapital.com
In today's show, our host Dr. Mike McManus discussed the recent retail trends, the resilience of the retail industry, and the growing trend of retail foot traffic in brick-and-mortar stores. He also provided insights into the current state of the economy, the housing market, its impact on consumer inflation, the industrial market, and the trend of onshoring manufacturing. Lastly, he previewed upcoming interviews with industry experts on the Surgeon Syndicate platform.
What you’ll learn from this episode
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at TheFortressCapital.com
Mike and Chris engage in an insightful conversation about the remarkable success and expansion of Long Yards, Chris's innovative outdoor industrial storage business. They delve into the unique features including adaptable storage spaces, cutting-edge technology utilization, and a collaborative partnership model. The discussion also dives into the potential of industrial real estate for storage needs, the complexities of assessing commercial properties, and the advantageous role of Small Business Administration (SBA) loans for small businesses.
What you’ll learn from this episode
Chris Long began his career as an apprentice carpenter, where he honed his skills and developed a deep appreciation for craftsmanship. His drive and entrepreneurial spirit soon led him to establish his own successful construction company. During these years as a contractor, Chris discovered a passion for real estate and recognized the significant need for dedicated storage solutions for contractors' equipment and materials.
Seeing firsthand the challenges contractors faced in finding secure, accessible storage, Chris purchased his first industrial property and founded Longyards Storage. His vision was to create a space tailored to the unique needs of contractors, combining his extensive construction experience with his real estate acumen.
Through his leadership and innovative approach, he is empowering others to succeed in the lucrative and essential field of contractor storage, making a lasting impact on the industry.
Connect with Chris
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at TheFortressCapital.com
Relate and learn as our host Michael McManus discusses the themes of perseverance and quitting, drawing from his transition from surgery to real estate and entrepreneurship, emphasizes the importance of finding a balance between work and life experiences, and shares his emotional journey of moving to Salt Lake City and starting a podcast.
Mike opens up about his latest real estate venture and discusses the obstacles he encountered while making the transition. He also explores his perspective on aging and urges the audience to cultivate their connections and recognize the enriching opportunities that the real estate industry can provide for a satisfying life.
What you’ll learn from this episode
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at TheFortressCapital.com
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