In this episode, Jim Froehlich shares insights from his extensive real estate career, which blends tech and engineering expertise with real estate development and syndications. Jim is deeply involved in ground-up development projects, including single-family homes, multifamily buildings, and industrial properties. He also works with other sponsors on syndicated deals, raising capital and managing investor relationships. Jim discusses the importance of due diligence, focusing on high-margin deals, and how his technical background helps streamline operations and maximize profitability. He also touches on the value of building authentic relationships with investors and his plans to focus on smaller community-based development projects in the coming years.

- Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

In this episode of the Property Profits Real Estate Podcast, Dave Dubeau sits down with Steve Baik, a seasoned investor in mobile home parks. Steve shares insights into his real estate investing business, which boasts over $60 million in assets under management and focuses on expanding mobile home parks and self-storage facilities.

Steve discusses the significant benefits of investing in mobile home parks, including pricing power, stable cash flow, and lower competition compared to other asset classes. He explains how raising rents in mobile home parks has minimal pushback, especially since tenants typically own their homes and face high relocation costs.

The conversation also delves into the challenges of managing tenants, especially in lower-income areas, and how the team works to maintain community standards. Steve emphasizes long-term hold strategies, which offer steady cash flow and eliminate the risks associated with constant buying and selling.

If you're curious about the mobile home park business, the benefits of investing in affordable housing, and how Steve plans to scale his operations in the next few years, this episode is packed with valuable insights!

Key Highlights:

• Mobile home parks offer strong pricing power with minimal tenant turnover.
• Benefits of long-term ownership over quick flips for higher cash flow.
• The growing demand for affordable housing.
• How Steve is expanding his portfolio and focusing on states like Texas, Washington, and Arizona.

- Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

In this episode of the Property Profits Real Estate Podcast, we chat with Shea Schneider, a rising real estate entrepreneur who focuses on undervalued strip malls in Florida. Shea shares his approach to turning these properties into high-performing assets by improving curb appeal, renovating with purpose, and filling spaces with tenants that complement each other. He also explains his hands-on approach to property management and the importance of building strong relationships with brokers and investors. Tune in to learn how Shea is making it happen in commercial real estate!

Transcript Highlights:

• Shea discusses his focus on undervalued strip malls and how they can be transformed with smart renovations.
• He explains his strategy for finding these properties and the importance of cost basis, tenant mix, and location.
• Learn how Shea and his team navigate managing tenants during renovations and raising rents to match market rates.
• He also shares insights on working with brokers, managing properties in-house, and handling investor relations.

- Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

In this episode of the Property Profits Real Estate Podcast, host Dave Dubeau chats with real estate entrepreneur Ken Naim, who shares his innovative approach to investing in suburban office spaces. As an asset class often overlooked, suburban offices offer incredible value-add opportunities, especially in a post-pandemic market.

• Why Suburban Offices? Ken explains why suburban office spaces are outperforming their downtown counterparts, with higher occupancy rates and greater appeal for both employers and employees seeking work-life balance.

• Value-Add Strategies:

  • Offering unique amenities like shared training rooms, outdoor picnic spaces, and upgraded interiors.
  • Targeting properties with 60-80% occupancy to optimize returns through lease-ups or rent increases.
  • Transforming underutilized areas (e.g., storage rooms or parking lots) into income-generating spaces.

• Case Studies from Ken’s Portfolio:

  • Recent acquisitions include a 92,000-square-foot office building in Cincinnati, a 57,000-square-foot property in Dayton, and a 37,000-square-foot office in Orlando.
  • Diversification into retail, industrial, and land entitlement projects.

• Challenges in Office Space Investing:

  • Longer leasing cycles compared to residential properties.
  • Handling tenant improvement (TI) requests while balancing costs.
  • The importance of creative problem-solving to differentiate properties in a competitive market.

• Future Goals: Ken plans to close 5-6 new commercial projects over the next 18 months, focusing on properties with high cash-on-cash return potential and opportunities to double NOI through strategic improvements.

• Ken’s Investment Model: While he initially self-financed, Ken now collaborates with partners and investors, ensuring projects are both profitable and low-risk for everyone involved.

- Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/