How to Invest in Commercial Real Estate

Today hosts Braden Cheek, Brian Duck, and Joel Thompson team up with Andrew Thelen- Criterion's new Principle and Director of Capital Gains- to discuss their newest deals and developments. Time stamps: 0:00 - Introduction 0:42 - Meet our new Principle and Director of Capital Markets, Andy Thelen! 1:40 - The benefits of Criterion having a new headquarters in the Dallas/Fort Worth area. 2:16 - Our n...

Today hosts Braden Cheek, Brian Duck and Joel Thompson celebrate their 100th episode of How to Invest in Commercial Real Estate. Time Stamps: 0:00 - Introduction 3:56 - Let the montage begin! 30:16 - In conclusion... THANK YOU! *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.app...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the logistics of hotel investments with special guest Sujay Mehta. Time Stamps: 0:00 - Introduction 0:37 - Bank collapses & interest rates! 1:57 - Meet our guest: Sujay Mehta with Bloom Ventures! 3:35 - Debunking the myth that the average investor can’t own and operate their own hotel! 4:39 - What are the Cap Rates, Cash on Cash Re...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the potential benefits & risks of ground leases in commercial real estate. Time Stamps: 0:00 - Introduction 0:14 - Let’s talk about inflation! 1:25 - Updates on our current developments. 3:30 - Today’s topic: the advantages & disadvantages of ground leases! 8:06 - What are the advantages in ground leases for the tenant? 11:21 -...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss 5 ways to mitigate risk when purchasing your first ever commercial property! Time Stamps: 0:00 - Introduction 0:37 - The Criterion Building is FINALLY OPEN! 2:33 - Today’s topic: how to avoid RISK on your first CRE deal. 3:05 - Fear holds many people back from taking action. 3:38 - Tip #1: Don’t buy anything you can’t afford, but don’t...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the life and career path of a real estate success story who became financially free at the age of 37. Time Stamps: 0:00 - Introduction 0:51 - Dustin Heiner’s origin story and how he was able to quit his job 8:10 - How did you go about buying more real estate? 12:00 - Are there any key cities / market’s you’ve focused on? 14:46 - Do you...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the power of goal-setting and utilizing your subconscious mind to make your dreams come true. Time Stamps: 0:00 - Introduction 0:18 - Thinking about giving up on your New Years resolutions? Keep fighting! 1:37 - Step 1: get clear on your DREAM! 5:04 - Roughly 75% of Americans are unhappy at their job… Why is this? 10:03 - Our subconsci...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss 4 simple tools that you can use to evaluate any commercial real estate deal. Time Stamps: 0:00 - Introduction 0:33 - Market Update: Interest rates rise again. 4:48 - Topic of the day: how to evaluate CRE deals! 5:31 - Evaluation Step #1: CAP Rate. 9:01 - Evaluation Step #2: Cash on Cash. 12:54 - Evaluation Step #3: Equity Multiple. 16:...

Today hosts Braden Cheek, Brian Duck, Joel Thompson and special guest Scott Krone discuss a type of asset class The Criterion Fund has always been curious about: self-storage facilities! Time Stamps: 0:00 - Introduction 1:08 - Who is Scott Krone? A little bit on Scott’s background. 3:22 - What influenced the decision to move into self-storage facilities? 6:07 - Self Storage CAP Rates fluctuate bas...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the distributions that they sent out in Q4, as well as what their total distributions were for 2022! Time Stamps: 0:00 - Introduction 0:09 - It’s DISTRIBUTION TIME! 1:22 - We bought $60 million worth of real estate last year, with $5.7 million being distributed to our investors. 2:38 - Our deals are filling up quicker than ever, so be...

Today hosts Braden Cheek, Brian Duck, and Joel Thompson review their 2022 deals and acquisitions while gearing up for a different approach to their investing strategy in 2023! Time Stamps: 0:00 - Introduction 0:36 - Our investor list continues to grow, with over 100 new investors in 2022! 1:39 - We bought Plaza West in January of 2022. 2:20 - We purchased Gordon & Farber and Marketplace Common...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the times in which you should WALK AWAY from a Commercial Real Estate deal, providing real life examples from their own experiences. Time Stamps: 0:00 - Introduction 0:20 - We’re ending the year with TWO new closings! 1:33 - Reasons to NOT buy real estate. 2:36 - Example #1: The “Free Lease” deal in Wichita. 5:00 - Example #2: The deal...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss cost segregation & its benefits with special guest Erik Oliver from Cost Segregation Authority. Time Stamps: 0:00 - Introduction 0:44 - Erik’s background 1:41 - What is a cost segregation study? 4:02 - What is the average depreciation schedule when using a cost segregation study? 5:20 - What is the time frame & cost expected fo...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss how to obtain a million-dollar lifestyle by generating passive income- with numbers to back it up! Time Stamps: 0:00 - Introduction 1:02 - Investment updates! 2:06 - Today’s topic: how to create the life you want! 4:10 - Running the numbers on a million-dollar lifestyle. 8:55 - Comparing CRE investing to a 401k plan. 10:10 - Allow your...

Today hosts Braden Cheek, Brian Duck, and Joel Thompson discuss ways to save money on your taxes by utilizing various Commercial Real Estate tax codes! Time Stamps: 0:00 - Introduction 0:49 - Braden’s monopoly revelation 2:45 - Let’s talk about TAXES! 4:20 - Tip #1: cost recovery / depreciation 8:20 - Cost segregation studies 13:29 - Tip #2: Capital Gains taxes! 17:07 - Tip #3: 1031 Exchanges! 22:...

Today hosts Braden Cheek, Brain Duck and Joel Thompson discuss 8 major things you need to know when considering profit & loss in commercial real estate. Time stamps: 0:00 - Introduction 1:52 - Our new Owasso co-working space is coming soon! 2:35 - Today’s topic: understanding profit & loss! 3:27 - Gross Income / Revenue 5:18 - Different types of expenses! 8:11 - Net Operating Income (NOI)...

Today hosts Braden Cheek, Brian Duck, and Joel Thompson discuss the current state of the market and its potential impact on real estate. What are your thoughts? Let us know in the comments section. Time Stamps: 0:00 - Introduction 0:43 - It's a crazy time to be in real estate! 0.75% interest rate hike, with prime now at 7! 2:26 - They're not quitting until inflation is under control. 3:49 - So wha...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the logistics behind lease audits and what to look out for when reading over lease agreements! Time Stamps: 0:00 - Introduction 0:19 - Both of our Kitty Academies have been remodeled & are hitting the market! 2:12 - The logistics of the U-Haul incident at Plaza West and the broken HVAC unit at Dollar General. 4:33 - Understanding l...

Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund discuss the various investment options available in today's volatile market. Time Stamps: 0:00 - Introduction 0:19 - "Iconik Bixby" breaks ground this week! 3:30 - Analyzing various investment options: the stock market is down! 5:57 - With real estate, our dividend has remained the same. 12:25 - In conclusion... *Be Sur...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss 6 things you should do before asking potential investors to part with their hard earned money. Time Stamps: 0:00 - Introduction 0:30 - It's distribution time! 2:38 - #1: Establish credibility with a website / landing page. 5:46 - #2: Let them know your track record. 8:42 - #3: Tell them HOW they're going to make money! 10:51 - #4: Prep...

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the pros & cons of residential and commercial real estate in an episode you don't want to miss! Time Stamps: 0:00 - Introduction 1:28 - The joys of CRE: someone crashed into our building! 2:43 - Why aren't more people in commercial real estate? 4:48 - What is an asset? What is a liability? 6:29 - Reframe how you think about CRE! 12...

Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund share their top 11 criteria for when underwriting commercial real estate properties! Use this checklist as a quick way to underwrite your next CRE deal. Time Stamps: 0:00 - Introduction 0:43 - Market Report: Things are slowing down! Opportunities will begin to present themselves. 2:22 - Common questions we get: "How are...

Today hosts Braden Cheek, Brian Duck and Joel Thompson from The Criterion Fund use a poker analogy to educate investors on the nature of implied value in Commercial Real Estate! Time Stamps: 0:00 - Introduction 5:21 - The benefits of understanding "implied value" when making decisions. 8:16 - No-limit poker and the mathematics behind its inherent risk. 13:58 - How do we take the poker example and...

In today's episode, hosts Braden Cheek, Brian Duck and Joel Thompson discuss everything you need to know when going through the appraisal process! Time Stamps: 0:00 - Introduction 0:20 - What the heck is an appraisal? 2:05 - Your LENDER has to order your appraisal! 5:18 - How long does it take to get an appraisal? 6:41 - 3 methods of appraisal. 12:17 - Is there any way to change or influence the a...

Today our hosts Braden Cheek, Brian Duck and Joel Thompson discuss how they closed the sale of 3 out-parcels in their Plaza West deal, fully paying back their investor's initial equity investment and providing them continuous cash flow for the foreseeable future. Time Stamps: 0:00 - Introduction 1:10 - We're closing on the sale of 3 out-parcels in Plaza West! The buyer bought it in a 1031 exchange...