Great questions! 1) Call local industrial brokers to see if they’re getting calls from tenants about it. Survey the market to see what’s available out there or hire a firm to do that analysis for you (not uncommon for larger projects but may not be super common in IOS. There are a lot of self storage groups that could conduct these). 2) Review your local zoning code to see what permits outdoor storage of product. We have specific zoning in Nashville that will allow these types of uses.
The laziest and in reality, the easiest way to invest in CRE (or any RE, actually) is syndication/crowdfunding. Just drop the cash into a project that someone will be managing. That’s it. I look at the numbers, the partnerships and invest. No dealing with contractors, paperwork, realtors or tenants. Someone else does all the work, they just need the capital to do it. That’s how I do it. Good video though, very informative for those who like putting the boots on the ground and getting hands-on with their projects.
I’m in the process of buying 3 acres land in Dallas How can I find the market demand for these places …Any companies i can reach out to? Also any companies that can provide quote I will purchase the land with cash.Will I get loan for industrial flex properties?
Wouldn’t the big guys that require consistent storage buy their own land? That leaves a typical tenant to be much smaller operators which can’t afford the capital and hence rent from you.
Fair point, but most businesses don’t like to own their own real estate for a variety of reasons - it can tie up capital that they can get better returns on in their business, it’s often easier to just lease land than to buy, and business needs change so it allows them to scale up / down as needed without the real estate becoming a burden. Some big guys will purchase their own real estate, but many rent
I think it could certainly be a good time but it depends on what the property could be zoned for. If you can get it entitled for a higher and better use, it'll make the property more valuable and attractive to the right investors / developers
I am in the Austin Area(Tx) i do see alot of Industrial commercial going up, I am like 15 min. From that New Samaung Plant, would it be a good Idea to buy near?
@@TylerCauble As a commercial mortgage broker myself I was able to close 1 land loan so far and it was done with hard money. Looking forward to the video.
Sounds like your reading directly from a marketing brochure to sell leases for the property owners. Doesn't seem to have much to do with buying/developing one of these facilities.
Great video. Unfortunately commercial properties of all types are about to get halved if not more. The debt will drag all commercial property into a decade long depression.
Interesting - that’s not what any of the market analytics groups or peers of mine are saying. What makes you think the value will be cut in half and we’ll see a decade long depression (the longest since the Great Depression)?
Commercial Real Estate is on the verge of collapse. Look around your town and count the empty buildings. Call major retailers and find out what it takes to lease to them. All the big box stores are closing stores not opening them. Fast food stores are dropping like dead flies. The only retailers that are opening new stores are the ones that own the property. Commercial real estate is possibly the worst investment you can make right now and if Harris is installed it will go on a fast track to zero.
I own an acre of raw land that is for commercial property on a major residential road. Is Triple Net financing available to anybody interested in starting a franchise or business if I leased out the land for a passive income stream?
It would be tough for a startup business to be able to get financing for that, but you could definitely find a preferred developer or a national credit tenant that would be willing to take a look at that. Or you could do a build to suit for a tenant
