Whether you’re new to real estate or a seasoned veteran, our focus is understanding your real estate goals and delivering exceptional results for you. We specialize in buying and selling of real estate including houses, condos, multiplexes, new construction, and land in Austin, Westlake, and Rollingwood.
We advise sellers toward maximizing their net proceeds with our state-of-the-art pricing analytics and property marketing strategies.
We also acquire and develop properties in Austin and offer syndicated investment opportunities.
Please call/text us at 512-883-0164 with questions or to discuss your real estate strategy. You can also schedule a meeting by going to this link - calendly.com/lee-457/youtube-consultation
Shapiro Real Estate Group Leadership: David Shapiro, Realtor, Investor, Developer Lee Abraham, Realtor, SVP, Sales & Acquisition
These 2 seem to forget that the existing Cities won't necessarily cooperate with the "mega" concept. Also, seem to forget there is a major and extreme water shortage along that corridor. At one point all development will need to be halted.
2:20 I call B$. After cov!d Starbucks called up landlords and forced lower monthly payments. Contracts don't mean a thing if one side can throw lawyers at you.
A properly structured LLC in a trust with the right team working for you lawyers can’t touch you or your money. Even if the sue they get nothing, try opening an LLC and trust somewhere like Wyoming or Nevada they are business friendly and you don’t have to live or do business in the state just giving my knowledge from what I have experienced.
I would think the same, but I just did a google search and came across this poll that says that 41% of people would not consider buying an EV. news.gallup.com/poll/474095/americans-not-completely-sold-electric-vehicles.aspx
Good question. It's more complex than a flat number, there are many variables to consider. It's important to work with an expert to analyze ROI and risk properly and stay away from the bad deals, which is just as important as finding the good ones.
This was extremely helpful, I've been looking for a sheet like this or something to help me analyze numbers for so long. Thank you so much for putting this information out here.
Many years ago, I read an article I have not been able to locate. The article offered the idea that in large urban regions, where there is a core city, or cities, and multiple suburban communities, it might be worth exploring the creation of a "region federal" system with limited powers to coordinate regional growth, deal with mobility issues, address severe community wealth disparities via seeking targeted investments, etc. and address environmental, and now climate, issues locally. I remember thinking that this was a brilliant idea! I am guessing there would have to be enabling legislation at the state level, but an initial advisory council could be created before that would happen. Unfortunately, our state leadership is not known for forward thinking when it comes to governance even when it is to theirs and everyone's advantage. It would have a net effect of decentralizing power to a more local level, which may be at odds with politicians wanting to make a statewide career path for themselves. But the only constant is change, right?
That would be great if a system like that were organized. Even within cities there are issues that would benefit from some better city planning, but again many individual interests keeping that from happening. Agreed, change is constant.
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Local or regional banks. It takes some calling around and asking if they fund the type of deal you're looking to do. Then building a relationship with them. They often want you to move deposits to their bank as well.
Thanks for the video guys! As I'm learning more about Commercial Leases one question keeps coming to mind, with a NNN Lease where is the line between Landlord and Tenant? I understand CAM, property taxes, insurance but it seems as though the tenant will also be responsible for the structure itself, ie. Roof, and for the systems not included in CAM, HVAC, Plumbing and Electric inside the tenants unit . What is the landlord responsible for? Anything?
Hi Tony - thanks for your interest in our video and your question on NNN leases! In a true "Triple Net" lease the tenant is responsible for ALL expenses related to the property. In this scenario the seller has NO responsibilities. It's mail-box money. Although not a responsibility, some prudent owners will pay for an annual property/building inspection to confirm that the tenant is performing in good faith on their contractual responsibilities to properly maintain the property.
For anyone that's ever been out here to New York, Newark, and all the cities and towns that are out in this area would agree that yes it's very possible that San Antonio and Austin at some point in the future would look similar to the New York, New Jersey area. So honestly I'm not sure if people would be very happy with those results. And by the way I'm from the San Antonio area, and I'm very happy with the size of that San Antonio is at this moment, and I'm very disturbed at the possibility of San Antonio and Austin merging at some point in the future.
We love the DG concept and corporate strength but it appears that their aggressive growth strategy has created an oversupply of available assets. Plus, very few offer rate bumps during the initial term which dampens ROI and limits appeal to inflation sensitive investors. Are you thinking of acquiring one or more DG's?
@@leeabraham9414 Thanks for the response. I've been looking at a few DGs that are for sale. Seems like an approachable NNN investment to get started with but my research has created a bit of concern with their corporate side.
You lost credibility when you deny the recession, the number of builder houses hidden to inventory…people will wait for the market reset to buy because we know it’s a new economy.
I’m not rich and I don’t know a lot about commercial property. But I know where I live there is 4 commercial properties with tenants that have 15-20yr nnn lease. A couple have a few 5yr options. They cost a couple million each. I believe they would be worth buying but I don’t know how to get into that and don’t know how to get the money. Could you possibly give me some advice on where to start or if it’s a waste of time trying. Thank you
Thank you very much for watching our video and asking about NNN investments! Your first step is get in touch with a commercial lender to evaluate your financing options. Regarding any given NNN investment opportunity, the initial filter is evaluating ROI, typically as a Cap Rate %. Here's 2 recent videos that will give you a good introduction to Cap Rates: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7oZkarvj8QM.htmlsi=8f1d4wn-JPQm9DSY ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-bavrWGCxyR8.htmlsi=W67hS4_vJTpR5bXO If the Cap Rate meets your criteria, then digging into the lease terms, the tenant's financial strength, property location, building/structure condition and underlying site value are key variables that need to be analyzed in order to make smart choices and avoid costly mistakes. Feel free to get in touch with us to discuss the specifics of the lending process or the commercial properties you are considering.
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Hello, Sir! I hope you are well.I have seen the videos of your channel. your video is very good But your video optimization is very poor SEO Score is very low No Title - Description - Tag SEO friendly No Share Social Media Platform and many problems on your RU-vid Channel Immediately need SEO for your youtube channel. i can help grow your RU-vid channel I am waiting for your response. Thank you
I've seen NNN investments advertised saying (1) "may qualify for accelerated depreciation", What\who determines if AD applies? The buyer's accountant? 2) "located in opportunity zone." What benefits does O.Z. confer to the buyer? 3) What benefits does an owner receive by selling then leasing back NNN? What are some possible tax implications for the previous owner (now tenant)? Thanks for your great content!
I'm still learning as well, however, I do understand question #3 because I follow publicly traded companies, one reason for a company to sell their property and lease it back is to raise capital, it's a way to extract the equity in the property and either pay down some debt to keep themselves afloat or to use the money for Capital Expenditures, investing in the growth of the company. Hope this is helpful
for me its hard to believe it would go up 4percent a year in value when your initially already overpaying for something like a Starbucks,dollar general or Walgreens in my opinion your paying 50 -60 percent of the initial purchase price for that long term lease for instance paying 3 million for a property that if it weren't on a long term lease would probably only be worth 1.5 million
Your concept of the value is accurate, it's based on the lease because commercial properties are valued based on their income. So the value increases or decreases depending on the income (assuming market conditions are constant). If it's vacant and has 0 rent the value will drop, if the rental rate goes up then the property increases in value. In your theoretical example, if there are 12 years left on the lease term then someone would pay the higher price of $3M. If there is very little time left on the lease, or it's not leased, then that same property will sell at a discount because the buyer is taking on the lease-up risk. An experienced buyer who is familiar with the market could see that as a good deal because they know the rate they can lease it for and how long it will take to find a tenant; and that with the tenant in place they will increase the value significantly. Where as another buyer wants the security of a 5% return without the risk the property sits vacant or leases for a lower rate than they projected.
@@LivingandThrivinginAustinTexas What bank would ever loan 209k USD to someone at 20 years old? Even my credit cards were never above 500 USD limit at that age. And I had a perfect payment history.
@@gteixeira Getting a mortgage is primarily about DTI (debt-to-income ratio). We actually have another video coming out about that being the magic number that banks care about. You could talk to a lender for specifics but I don't think they factor in age. Also, this was in 2006 prior to the financial crisis when the lending requirements were much looser than they are today.
@@LivingandThrivinginAustinTexas Understood so you got a very good income at 20 years old. That was the secret then. How much was your income back then?
@@gteixeira I don't recall, it was a long time ago. And my income then won't be a helpful data point as lending requirements are so much different post the financial crisis. When I moved to Austin and started buying properties here I realized the importance of a good income to qualify for financing so I got a job. Lenders like seeing W-2 income. We work with many entrepreneurs who have much more complex financial situations and they can get loans too, generally we just need to jump through more hoops.
