Retail real estate is considered to be any brick-and-mortar storefront used by businesses to sell their goods and/or services to individual consumers for their own personal use. This category encapsulates every business from a small boutique clothier to a large high-end restaurant and everything in between. When beginning your search for retail space, rent is not the only cost you should be considering. While certainly an important number, there are several other expenses you will need to factor into your budget to ensure the long-term success of your retail business. At the forefront of your search, understanding what kind of retail space your budget allows for is just as important as understanding different kinds of lease structures or what kind of areas you should be targeting. Here are the expenses involved in leasing retail space.
097. Expanding Your Business Rapidly with Micro-Units with Chad Newton
Dave Dubeau is the creator of the Money Partner Formula, and he works with mom ‘n pop real estate investors and helps them to get started with raising capital. He’s a best-selling author and speaker based in Beautiful British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months and nowadays he invests passively in multi-family properties.
096. Real Estate Investing Power Team [The Professionals to Help You Grow]
As a commercial real estate broker, investor, and developer, I get asked by new investors all the time: "How do you find so many investment opportunities? There aren’t any deals out there!" And, for most investors, that statement is true. Investing in commercial real estate can be a lot of fun and it’s certainly rewarding, but coming across a good deal is often the most frustrating part of this process. From what I’ve seen, however, most investors simply don’t take the right approach. Here’s my beginner’s guide to finding commercial real estate deals.
095. Next Level Investment Analysis with Adam Miller
Dave Dubeau is the creator of the Money Partner Formula, and he works with mom ‘n pop real estate investors and helps them to get started with raising capital. He’s a best-selling author and speaker based in Beautiful British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months and nowadays he invests passively in multi-family properties.
094. What Is Tenant Representation? [Leasing Commercial Space]
Whether you’ve got the next best restaurant, hottest boutique, or an up and coming tech startup, odds are you’re going to need commercial space. You’re probably asking yourself, “Where do I begin?” You could scour the internet for options, use your free time to drive the market hunting for “available” signs, and call your friends and family in hopes they know someone who knows of something available. Or, you could save yourself countless hours and likely a pounding headache and enlist the help of a Commercial Real Estate Broker. Brokers that specialize in Tenant Representation can be the most advantageous force in your commercial search.
093. How To Analyze Commercial Real Estate Deals
So, you think you’ve found a potential commercial real estate investment. Now what? Since commercial properties are more complex than residential, determining what your potential returns will be and what you can afford to pay isn’t as easy as seeing what other properties have sold for in the neighborhood. You’ll actually have to: 1) Determine what could be a potential comp 2) Study the current leases (or lack thereof) 3) Decide which investment strategy to use 4) Estimate your construction and renovation costs 5) Get term sheets from your lenders Once you’ve done all of that, you can finally analyze the numbers to figure out if the investment will make sense for you. Here’s our quick guide on how to analyze commercial real estate deals.
092. Typical Commercial Lease Terms That Everyone Should Know
During your search for commercial space, I’m sure that you’ve come across a lot of commercial real estate jargon - but you need not worry! You don’t have to know everything. This video will cover the basics of commercial leases including common lease structures, important lease clauses, and the most common delivery conditions of commercial leases. By the end of, you won’t know everything about commercial leases, but you’ll know enough to be dangerous.
091. Market Predictions for 2022 with Nathan Weinberg
Dave Dubeau is the creator of the Money Partner Formula, and he works with mom ‘n pop real estate investors and helps them to get started with raising capital. He’s a best-selling author and speaker based in Beautiful British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months and nowadays he invests passively in multi-family properties.
090. Commercial Condos: Affordable Real Estate Investments for Small Businesses
If you own a business in Nashville, you know how expensive it is to open and operate. However, there is a solution for entrepreneurs looking to save on their expenses while also building up their investment portfolio. Here’s why commercial condos will help make business more affordable for Nashville’s entrepreneurs.
089. What Is Cost Segregation? [Accelerated Depreciation And How It Works]
One of the many reasons commercial real estate is so profitable is the ability to take advantage of depreciation. As buildings wear out over time, the IRS allows owners of investment properties to deduct a certain amount from their income every year before tax is applied as “depreciation expense”. Since this is an imaginary or paper expense, in that you’re not paying for it out of pocket, the more you claim in depreciation the more you can walk away with after taxes. Cost segregation is a common way of trying to maximize the amount of depreciation expense you can claim by speeding up the abstract decline in property value. Let’s take a look at how that plays out.
088. Why You Might Want to Rent, NOT Buy, Real Estate
In the world of commercial real estate, the lease agreement is vital to making sure everyone knows who is responsible for what. Leases can be structured any way the landlord and tenant agree on, so why do so many choose to write things out the same way? While part of it may be familiarity with the terms from past experience, there are some serious advantages for both the tenant and the landlord for choosing to go triple net (NNN). Let’s take a look at these types of leases to see just why they are so popular.
087. Crushing Your First Capital Raise with Dave Dubeau
Dave Dubeau is the creator of the Money Partner Formula, and he works with mom ‘n pop real estate investors and helps them to get started with raising capital. He’s a best-selling author and speaker based in Beautiful British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months and nowadays he invests passively in multi-family properties.
085. Why Do A NNN Lease? [Landlords and Tenants]
In the world of commercial real estate, the lease agreement is vital to making sure everyone knows who is responsible for what. Leases can be structured any way the landlord and tenant agree on, so why do so many choose to write things out the same way? While part of it may be familiarity with the terms from past experience, there are some serious advantages for both the tenant and the landlord for choosing to go triple net (NNN). Let’s take a look at these types of leases to see just why they are so popular.
084. Triple Net Lease Pros and Cons [What Investors and Landlords Need to Know]
If you’re looking at leasing commercial space, you have several different variations of lease structures from which to choose. The triple net lease is one of the most attractive for investors and landlords, but it also has it’s fair share of cons. Here’s what landlords need to know about NNN leases.
083. The Guide to Investing in Triple Net (NNN) Properties
Whether you’re looking to lease or invest in commercial real estate, you’ve probably run across the term “triple net.” But what does that actually mean? The commercial real estate is so full of its own jargon that it can be difficult to keep up when you’re new to the game. So, here’s the complete guide on everything you need to know about NNN (triple net).
082. Are Micro-Units the Next BIG thing in Commercial Real Estate?
Whether you’re looking to lease or invest in commercial real estate, you’ve probably run across the term “triple net.” But what does that actually mean? The commercial real estate is so full of its own jargon that it can be difficult to keep up when you’re new to the game. So, here’s the complete guide on everything you need to know about NNN (triple net).
081. The Guide to Wholesaling Commercial Real Estate [EVERYTHING You Need to Know]
080. This Could Destroy Commercial Real Estate (Biden’s Proposed Tax Changes)
079. Generating Leads: Why Old School Prospecting Still Works with Logan Hartle
078. Lessons Learned From A $4.8 Million Cash Raise [Commercial Real Estate Development]
As you might expect, raising capital for commercial real estate isn’t all that easy. In fact, it’s my least favorite aspect of investing in commercial properties - I’d much rather stay in my lane and focus on deal sourcing and acquisitions, planning for and developing the project, and executing our ideas. However, capital is a finite resource and if you’re looking to grow your assets under management, you’ll need to throw that fuel on your fire and bring in outside capital from investors. I recently finalized a $4.8 million cash raise with my partners on a commercial development in Nashville. At 10x my largest capital raise to-date, this raise gave me some valuable insight to the entire process. So, here are my biggest takeaways.