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Criterion, Braden Cheek, Brian Duck, Joel Thompson
A podcast focused on breaking down commercial real estate for the average investor to understand.
Total 163 episodes
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Episode #063 - HOW And WHY We Chose Our TWO NEWEST CLOSINGS!

Episode #063 - HOW And WHY We Chose Our TWO NEWEST CLOSINGS!

Today our hosts Braden Cheek, Brian Duck, and Joel Thompson with The Criterion Fund discuss the metrics they used when analyzing their two newest closings, and what investors can expect from these properties! Time Stamps: 0:00 - Introduction 1:43 - Village at Northshore in Slidell, Louisiana - acquisition costs, expectations, and upside! 7:26 - A deeper dive into the metrics we look at, and the questions we ask when evaluating a deal. 8:20 - How much cash we're taking in for this deal, and the expected return for our investors. 9:54 - What is our criteria when evaluating a property we're looking to purchase? 10:35 - Stonewood Village in Stone Mountain, Georgia - What do we like about it? 14:10 - The Stone Mountain Metrics! We're loving the risk/return profile. 19:52 - Don't miss out on these deals! Slots are filling up fast. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0023/05/2022
Episode #062 - You're Always ONE CONTACT AWAY From Changing Your Life FOREVER!

Episode #062 - You're Always ONE CONTACT AWAY From Changing Your Life FOREVER!

Today our hosts Braden Cheek, Brian Duck, and Joel Thompson with The Criterion Fund discuss how being open to meeting new people and asking them the right questions can change your life forever! Time Stamps: 0:00 - Introduction 1:34 - You're not only idea away, you're one contact away. 2:41 - We get more calls from random people than people we know! 3:53 - Real world examples of tmes we met people that changed our lives! 4:15 - How we met Neil Dailey 6:53 - Having the courage to show up to meet people is what opens doors. 7:54 - The cold call from the Mortgage Broker in Boston that helped Joel learn about Multi-Family Investing. 11:32 - The time we blew off a cold call and lost millions on a deal in Norman! 14:01 - Ask eachother how you can add value! The Bixby deal we're working on started from a simple cold call. 17:05 - Don't be afraid to contact that person you know will help you advance your career! 18:19 - The power of asking questions. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0016/05/2022
Episode #061 - EVERYTHING You Need to Know About REAL ESTATE AUCTIONS!

Episode #061 - EVERYTHING You Need to Know About REAL ESTATE AUCTIONS!

Today our hosts Braden Cheek, Brian Duck, and Joel Thompson with The Criterion Fund discuss everything you need to know to be fully prepared when it comes to buying Real Estate from auction platforms! Time Stamps: 0:00 - Intro 1:21 - More & more people are putting their properties on auction platforms. 2:36 - A big driver for sellers on auction platforms is a guaranteed sale. 3:02 - The platforms we use (tenx.com, RiMarketplace.com, etc.) 4:03 - The registration process 6:50 - Everything you need to know about the underwriting process on auction platforms. 10:06 - Some negatives of buying from auction-type platforms. 16:09 - Positives of buying from auction-type platforms. 17:21 - The Criterion Fund's most recent experience of bidding on an auction site. 19:18 - The Auction House will bid against you! 24:10 - We've utilized these platforms, but not without its challenges. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0009/05/2022
Episode #060 - HOW TO EARN 40% on Your Money!

Episode #060 - HOW TO EARN 40% on Your Money!

"Compounding Interest is the 8th wonder of the world." - Warren Buffet Today our hosts Brian Duck and Joel Thompson with The Criterion Fund run the numbers on how you can earn 40% compounding on your money by investing in Commercial Real Estate! Time Stamps: 1:00 - "Compounding Interest is the 8th wonder of the world." - Warren Buffet 1:54 - We've been conditioned to think that if returns are above a certain level, it's too risky - so what are the various ways can you invest your $25,000, & what type of returns can they generate? 4:52 - You're 25 and you have $25,000 to invest. You invest 10% compounding every year for 40 years. How much $$$ do you have? 6:05 - What if you waited until you were 40 to invest? How much $$$ would you have? 6:40 - Most people don't have a sense of delayed gratification. 7:20 - What if you got a 20% return at age 25 as compared to age 40? (Spoiler alert: $37 Million as compared to $2 Million). 9:24 - Example of your expected returns when buying a $1 Million cash flow building. 17:08 - If you invested $25,000 @ 40% / year, compounding for 40 years, you'd have $17.5 Billion. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0002/05/2022
Episode #059- The Top 10 CRAZIEST THINGS We've Seen in Commercial Real Estate!

Episode #059- The Top 10 CRAZIEST THINGS We've Seen in Commercial Real Estate!

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, and Joel Thompson from Precision Equity talk about some of the wildest experiences they've had during their careers in Commercial Real Estate! Time Stamps: 1:18 - A man breaks his neck, and we have to cut a million dollar check. 2:53 - How Joel used 10 credit cards to buy his first apartment complex. 5:10 - The disconnected city sewage in North Carolina. 7:33 - The big boiler lawsuit. 10:07 - BEWARE OF SH*TTY SIGNS (literally). 11:25 - A security guard catches a bullet and cheats death. 13:10 - The meth lab explosion. 14:41 - How Joel lost $250,000 because he left a "material adverse change" clause out of his contract. 16:57 - That time we put $800,000 down (non-refundable) on a property we've never seen before. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0025/04/2022
Episode #058- There's Money EVERYWHERE! The Secret to CLOSING Deals in Commercial Real Estate

Episode #058- There's Money EVERYWHERE! The Secret to CLOSING Deals in Commercial Real Estate

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, and Joel Thompson from Precision Equity talk about the benefits of the wide availability of money and investors in Commercial Real Estate, and how to get your deals through to closing! Time Stamps: 1:13 - There's money everywhere! You just need to know where to look. 3:08 - How do you get that deal closed? Think about ways you're going to win! 4:18 - How we started getting deals closed. 7:37 - Our $2 million investor list filled up in 17 HOURS! 9:00 - The different levels of "finding deals" in Commercial Real Estate. 15:00 - Success depends on you doing the work or not doing the work. 18:00 - You're not going to get rich on your first deal. 19:20 - Meet with bankers & lenders and ask them "What if?" questions to gauge your deals. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0018/04/2022
Episode #057- It's DISTRIBUTION TIME! The Criterion Fund Recaps Q1 of 2022!

Episode #057- It's DISTRIBUTION TIME! The Criterion Fund Recaps Q1 of 2022!

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, and Joel Thompson from Precision Equity recap the first quarter of 2022 as they talk about their favorite part of investing in Commercial Real Estate- sending checks to investors! Time Stamps: 1:12 - It's distribution time! 1:48 - Most people have never had passive income in their lifetime. 2:54 - A deep dive into everything regarding returns. 6:15 - What happens if you don't meet your 8% preferred return? 7:01 - A question we get asked frequently... "Why 8%?" 8:51 - Aren't there tiers to incentivize the general partner to do better on returns? 10:00 - Why it's so important to read the distribution agreement (go to section 4, "Distributions" every time you're looking at an operating agreement). 10:42 - The term "Waterfall" and how it connects to tiering. 11:30 - Can investors negotiate ownership in these deals? 15:00 - Our new deal in the New Orleans area (Slidell, Louisiana). 16:54 - Our investor lists are filling up faster than ever before. 18:00 - More on our new Slidell deal. 19:15 - Cash on cash expectations for the Slidell, Louisiana deal. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0015/04/2022
Episode #056- A Deep Dive Into Criterions' TWO NEW Kiddie Academy Acquisitions!

Episode #056- A Deep Dive Into Criterions' TWO NEW Kiddie Academy Acquisitions!

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund and Joel Thompson from Precision Equity discuss the purchase of two new Kitty Academy properties, and what type of returns investors can expect from this acquisition. Time Stamps: 1:05- How is this development different than the other Kitty Academy deal? 1:27 - The story of the first and second Kitty Academy deals. 2:51 - What are the lease terms? What is the CAP Rate? 3:42 - The Kitty Academy in Cypress is already operating. 4:25 - What are the expectations for this deal? (IRR & Equity Multiple) 5:37- What happens if we sell one & don't sell the other one? 6:26- Is there still time to get in? 7:09- Our growing relationship with Woodmont Commercial Real Estate 8:04- "When you give an investor a 78% IRR, they want to reinvest with you." 8:23- Don't miss your chance to invest with us... subscribe to our investor list! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0011/04/2022
Episode #055- How AVERAGE Investors Get BIG WINS in CRE!

Episode #055- How AVERAGE Investors Get BIG WINS in CRE!

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund, Joel Thompson from Precision Equity and guest Clinton Taylor on behalf of Woodland Creek Furniture Tulsa discuss how the average investor can make big return by taking calculated risks in Commercial Real Estate. Time Stamps: 0:55- How do we get the average person who's interested in CRE to take Action? 3:15- "Getting your first check in the mail changes your whole perception of CRE Investing." 3:57- Clint's gateway into Real Estate. 7:54- The importance of looking at Real Estate & asking "Where can I add value?" 8:15- How Clint got the idea of selling the back half of his land from The Criterion Fund & the competitive advantage of owning land. 10:12- What's the biggest deal you've done & how quickly did it happen? 13:17- Your family members will typically want to invest with you once they start to believe in you. 14:13- How doing your due diligence & being steadfast with negotiations pays off massively over time. 17:43- "I've got $25,000-$50,000 to invest, what do I do?" 18:39- How much has CRE Investing helped you back off of your day job? 19:54- How the Real Estate game is simple, and how 15 minutes on realtor.com in the morning & evening pays off over time. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0004/04/2022
Episode #054- What We Love About These TWO NEW PROPERTIES in St. Louis!

Episode #054- What We Love About These TWO NEW PROPERTIES in St. Louis!

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund and Joel Thompson from Precision Equity discuss The Criterion Fund's closing on both the Gordon/Farber and Marketplace Commons properties in St. Louis. Topics discussed: The names & locations of the St. Louis properties. Why do we love this St. Louis deal? The Criterion Fund's Business strategy with the new properties. Which property will be the value driver of the fund? What kind of Cash on Cash returns are we expecting? The debt terms we are working with. What is the 5-Year IRR expected to be? The Criterion Fund had their biggest equity raise to date on this deal- in just one week! How to join our investor list. A huge THANK YOU to our investors! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0028/03/2022
Episode #053- The POWER of Setting Goals in Commercial Real Estate!

Episode #053- The POWER of Setting Goals in Commercial Real Estate!

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund and Joel Thompson from Precision Equity discuss specific & practical goals for the beginner, intermediate and expert levels of Commercial Real Estate. Topics discussed: BEGINNER LEVEL: The importance of overcoming your initial fear of investing in Commercial Real Estate. The best first-steps for CRE investing & the importance of doing your research. In order to get comfortable with being in Real Estate, you need to soak up the environment. Why you should set the goal of having lunch/coffee with an industry professional every week. "What if they sense that I don't know what I'm doing?", and the importance of asking better questions. Finding your dream team, and setting the personal goal to look at 50 properties per week. INTERMEDIATE LEVEL: The next step: evaluating deals. The power of repetition when evaluating Commercial Real Estate deals. Saving/Indexing deals that you don't initially buy. The importance of setting weekly goals for yourself. Set the goal to meet a new potential investor every single week, and start raising money/finding investors before you submit your LOI. EXPERT LEVEL: The importance of setting "uncomfortable" goals that challenge your subconscious mind. Would you rather be a "millionaire", or be able to spend over a million dollars every year? *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0014/03/2022
Episode #052- Navigating Commercial Real Estate in the CURRENT ECONOMY!

Episode #052- Navigating Commercial Real Estate in the CURRENT ECONOMY!

Today our hosts Braden Cheek & Brian Duck from The Criterion Fund and Joel Thompson from Precision Equity discuss how to navigate the ever-evolving landscape of Commercial Real Estate in today's economy, and how to best prepare for upcoming market corrections. Topics discussed: Price fluctuations and its implications for CRE. Why are multifamily prices sky-rocketing right now? The implications of us being in a 12-year Bull Run & how to prepare for correction. What should you do when interest rates begin to rise? The booming of Industrial Real Estate. Why does Multi-Family Real Estate has the least perceived risk in the future? Cannabis & its future implications on Commercial Real Estate. The rising costs of construction & materials. Why more buyers are looking at apartments instead of homes. The importance of asking yourself "Can I hold this asset all the way through the upcoming market cycle?". *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0007/03/2022
Episode #051- Why the Time to Invest in Commercial Real Estate is NOW!

Episode #051- Why the Time to Invest in Commercial Real Estate is NOW!

Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about why it is such a pivotal time to invest in Commercial Real Estate, as well as the importance of diversifying your assets to prepare for market corrections. Topics discussed: What are your investing goals in 2022? Why is CRE such an attractive asset class? The importance of making a HABIT out of CRE investing. New investors' involvement and what they should do to get started. What type of returns can CRE investing bring? The biggest regrets come from the deals you DIDN'T buy. What you can do in order to prepare for market correction. Using your yearly tax returns to invest in Commercial Real Estate. Why creating passive income should be your main focus. STOP using debt to buy liabilities! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0028/02/2022
Episode #050- A Deep Dive Into Criterion's Latest CRE Acquisition in Wichita, KS - Plaza West Retail

Episode #050- A Deep Dive Into Criterion's Latest CRE Acquisition in Wichita, KS - Plaza West Retail

Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about their most recent CRE acquisition in Wichita, Kansas and how to effectively evaluate deals in Commercial Real Estate. Topics discussed: The origin of how we found Plaza West deal in Wichita. How brand new construction close to the property from national chains is a good sign for a purchase. The importance of demographics & evaluating the number of houses per square mile near the property. The potential pro's & cons of buying properties with low prices per foot. How to maximize your leverage by having multiple lenders compete for the loan. How to identify potential risks in a deal & what you can do to counteract them by utilizing your upsides. What items to look for in the property condition report & what questions to ask when you receive the sellers profile. The dangers of walking into a deal with no cash. How to use The Criterion Fund's investor portal to look at new offerings by getting on our investor list, and how we're able to fill subscriptions so quickly. The Criterion's closing of Kitty Academy in Denver, Colorado. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0021/02/2022
Episode #049- The POWER of Negotiating Lease Renewals!

Episode #049- The POWER of Negotiating Lease Renewals!

Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about the power and importance of negotiating your own lease renewals. Topics discussed: The benefits of handling your own lease renewals. The Triple Nets of the deal (maintenance, insurance, and property taxes). The financial benefits of implementing Annual Compounding Increases for your tenants. The power of exchanging tenant improvement dollars for increases in rent. WARNING: Make sure that your rent price isn't based on high TI (tenant improvement) contributions. Creating leases with options holds NO REAL VALUE to the landlord. Because of the nature of rising interest rates, the best move is to negotiate lease options based on FAIR MARKET VALUE. The power of negotiating SHORTER leases. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0014/02/2022
Episode #048- How To Use DEBT To Produce CASH FLOW!

Episode #048- How To Use DEBT To Produce CASH FLOW!

Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about how to leverage your debt by buying assets that produce a positive cash flow. Topics discussed: Re-thinking what we were taught about debt as kids. Good debt vs. Bad debt. Typically, the more someone is willing to loan on it, the safer the asset class is. Personal guarantees in CRE. Do banks reach a limit with their lending? How do banks make money from loans? How debt can be good if you are using it to buy assets. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0007/02/2022
Episode #047- How To Pay ZERO Taxes By Investing In Commercial Real Estate!

Episode #047- How To Pay ZERO Taxes By Investing In Commercial Real Estate!

“Ninety percent of all millionaires become so through owning real estate.” -Andrew Carnegie Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about the best ways to reduce your taxes and increase your leverage by properly investing in Commercial Real Estate. Topics discussed: Real Estate Risk vs. Risk in Crypto Currencies "90 percent of millionaires & billionaires have money in Real Estate." - Joel Thompson "Stocks have a 1-2% quarterly return on average, while Real Estate averages a 4-5% quarterly return." How Commercial Real Estate Assets protect you from rapid inflation. How to pay less taxes on your investments and keep the money you worked so hard to earn. How to create more leverage in your Real Estate portfolio. The compounding benefits of the mortgage principle reduction and how to refinance that built up equity out. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
00:0031/01/2022
Episode #046- How to GET STARTED in Commercial Real Estate!

Episode #046- How to GET STARTED in Commercial Real Estate!

"The journey of a thousand miles begins with a single step." — Lao Tzu Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about the best ways to start your journey in Commercial Real Estate as a beginner investor. Topics discussed: How would you spend your money if you only had $15,000 starting out? Book recommendations when it comes to getting your Commercial Real Estate career started. Getting connected to people and communities that are in your current situation. How resources like CrowdStreet, FundRise, & DiversiFund allow you to invest smaller amounts of money to get in the game. Using RealtyTrack to track foreclosures that could be beneficial to getting your foot in the door. AdventuresInCRE.com and its benefits for tracking cash flow in Commercial Real Estate *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0024/01/2022
Episode #045- Learn How To SuperCharge Your Network To Find Your Next Commercial Real Estate Deal!

Episode #045- Learn How To SuperCharge Your Network To Find Your Next Commercial Real Estate Deal!

"The richest people in the world look for and build networks, everyone else looks for work. Marinate on that for a minute." —Robert Kiyosaki Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about the best ways to supercharge your network to take your Commercial Real Estate game to the next level! Topics discussed: How to get in the right rooms via conferences & networking events. How to develop both local and national exposure as a Commercial Real Estate agent. What does it take to get on the right broker's list? How to network with local lenders! What is the best way to network when looking for investors? What behaviors do you need to avoid? The most helpful organizations in the nation when it comes to fulfilling your networking needs in Commercial Real Estate. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE
00:0017/01/2022
Episode #044 - How to Create Financial Freedom in Commercial Real Estate with Passive Cash Flow!

Episode #044 - How to Create Financial Freedom in Commercial Real Estate with Passive Cash Flow!

"Millionaires are trying to make more money, & billionaires are trying to save money on taxes." - Warren Buffet Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund dive into everything related to getting your money to work for you by creating & investing your passive cash flow. Topics discussed: How investing with cash differs from investing in a 401k. The differences between active & passive income. Why does investing in Commercial Real Estate give you a quicker turnaround on your investment? Important factors to consider when determining the quarterly amount you will be sending to your investors. Commercial Real Estate & taxation- Why claiming passive losses on your passive income can save you TONS OF MONEY and can be advantageous for you in the long run. Why Brian recommends that each joint household should have at least one Real-Estate expert in the family. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
00:0011/01/2022
Episode #043 - Understand the POWER of CASH FLOW in Commercial Real Estate!

Episode #043 - Understand the POWER of CASH FLOW in Commercial Real Estate!

"Never take your eyes off the cash flow because it's the life blood of business." - Richard Branson Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund review why cash flow is one of the most powerful benefits of investing in commercial real estate. Topics discussed: Cash FLOW is King - Investors love getting quarterly cash flow. It is the ultimate peace of mind when it comes to monitoring your investment. Investors are also able to use this cash flow to reinvest somewhere else. Quarterly Cash Flow - We sent out over $700,000 in distributions to our investors from the cash flow of our portfolio. How to evaluate quarterly distributions. - Typically just the profit made by that property in that quarter. Distributions do not = taxable income. You will get a K-1 showing your taxable income which is offset by depreciation and various other expenses. Learn to find tax favorable investment classes like Real Estate. Convert earned income into passive income. *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvq... https://podcasts.apple.com/us/podcast... Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list
17:1609/12/2021
Episode #042 - Five Creative Ways to Make Big Gains in Commercial Real Estate!

Episode #042 - Five Creative Ways to Make Big Gains in Commercial Real Estate!

"Opportunity is missed by most people because it is dressed in overalls and looks like work." – Thomas Edison Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund review some of the most creative ways to make money in Commercial Real Estate. Topics discussed: Creative ways to monetize over parked shopping centers. 0.5 Acres of excess land could be worth Millions! Look for under market rents where you can not only get 2%-3% annual rent growth to 10%-20% rent growth because the rent is so under market. Buying on auction platforms. Sometimes it is a bit of a hassle and a higher barrier to entry, but sometimes you can find amazing deals because of the lack of competition. Looking for Major Rehab or Foreclosures. Buying in Markets that are up in coming to potentially realize major cap rate compression. Timing when and how you refinance! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
24:0229/10/2021
What the F**K is Holding You Back?! - How to get where you want to in LIFE and in CRE - Episode #041

What the F**K is Holding You Back?! - How to get where you want to in LIFE and in CRE - Episode #041

Whatever Your Mind Can Conceive and Believe, It Can Achieve.” – Napoleon Hill Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund review how you can set your goals to make sure they are achievable. Step #1 - Decide what you want in this life. Step #2 - Go and DO IT! Topics discussed: Decide what you want to do and actually go and do it. Don't be afraid of failure. Look at who you are surrounding yourself with. Do these people have what you want out of life? If not, you might have to get some new people to hang out with. Lies that we tell ourselves: #1 You don't have time! - You always have time for what is important. Make the time to make it happen. What you do in your free time will ABSOLUTELY impact your life wether you want it to or not. Lies that we tell ourselves: #2 You don't have enough MONEY! - You don't need your own money. Get a great plan together and get some O.P.M. (Other Peoples Money). Find a mentor to teach and encourage you along the way. It will be a long path and you will have to dig down and eventually find your WHY to keep your going when times get tough. Be more afraid of being average instead of being afraid of failure. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
15:3118/10/2021
Episode #040 - Quick and Dirty Underwriting to FIND the one you might actually BUY - LIVE REACTION!

Episode #040 - Quick and Dirty Underwriting to FIND the one you might actually BUY - LIVE REACTION!

Ugly? - PASS; Cap Rate too low? - NEXT; Purchase Price too high? - ONTO THE NEXT; Horrible Location? - KEEP LOOKING; Not Enough Traffic Counts? - NOT A CHANCE; 2nd Story Retail - FORGET ABOUT IT! Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund review why you should create an investment criteria and learn to stick to it! To find the deals that you will actually buy you will need to look at a TON OF DEALS! You will have to learn quick and dirty underwriting in order to efficiently evaluate deals and decide which ones to spend more time on! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
24:5509/09/2021
Episode #039 - FAQ's Review - How to NOT GET SCAMMED Investing in Commercial Real Estate

Episode #039 - FAQ's Review - How to NOT GET SCAMMED Investing in Commercial Real Estate

Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund review the most Frequently Asked Questions we receive from people getting started investing in commercial real estate. Topics discussed: What are you actually investing in? A REIT? A LLC? - When you direct invest in Real Estate through an LLC you receive all of the tax advantages of actually owning the real estate compared to a REIT where you are just investing in a company that owns real estate. What is a typical or minimum investment amount? Should you try and take all of your allocated investment money and try and go buy a smaller CRE deal yourself? When investing with us you can typically get a bigger, nicer, better performing asset and diversify over 5-10 deals with the same amount of money. How and when do I receive my returns or distributions? Who can invest? Do I have to be an Accredited Investor? 6.Can you use IRA or 401(k) accounts? In short - YES! How will I handle this on my taxes? Are you investing in your own deals? Who is signing or guarantying the debt? What is the recourse if the investment goes south? How do you get compensated from this? Explaining preferred returns and how they can protect the LP's and incentivize the GP. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
22:2325/08/2021
Episode #038 - How to LEGALLY Setup your Commercial Real Estate Investment Offering w/ Tom Hutchison

Episode #038 - How to LEGALLY Setup your Commercial Real Estate Investment Offering w/ Tom Hutchison

Have you ever wondered how you can legally setup a company to raise money from investors and then use that money to invest in commercial real estate? Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund along with Tom Hutchison from GableGotwals in Tulsa, OK explain how easy it can be to set up these companies and stay compliant with the SEC. Topics discussed: Tom Hutchison Introduction - GableGotwals Shareholder; Transactional Law Specialist. How to form an entity in any state in the U.S.- Sometimes can be completed within the same day as filing, depending on your state. What type of entity is best for you? What happens if I accidentally file as the wrong entity type? Do you have an Operating Agreement for your Entity? That is almost just as important as the entity itself. USE AN ATTORNEY! Be careful that you are staying compliant with the SEC when raising money from investors. Keep your legal counsel in the loop on your business plan and when and where the funds from the deal are coming from. 6.Disclose. Disclose. Disclose. The Purpose of our 103 page PPM is to disclose everything possible we know about the deal and the complete business plan. You get to write the rules or bylaws of your operating agreement. Why break the rules when you get to write them? Fun Example of why you should use legal counsel on EVERY SINGLE COMMERCIAL REAL ESTATE deal you do. Pro Tip - Put your contract deadlines in your calendar. These trip people up on their contracts more than anything. *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/fHhKrxrPirc Links mentioned in this episode: https://www.GableLaw.com/Attorneys-all/Thomas-J-Hutchison/ www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
19:2516/08/2021
Episode #037 - How to get into Commercial Real Estate Development w/ Josh Chesney from Cyntergy

Episode #037 - How to get into Commercial Real Estate Development w/ Josh Chesney from Cyntergy

If I told you that every 1 out of 10 commercial real estate developments actually gets built would you believe me? Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund along with Josh Chesney from Cyntergy in Tulsa, OK explain how to keep your development alive and actually make it to construction and ultimately completion! Topics discussed: Josh Chesney Intro - Director of Business Development, Architect and Principle at Cyntergy.(https://www.cyntergy.com) Getting a practical Conceptual Design, or the first pass of the design, as early as possible from your architect. Keeping all of the Architectural Disciplines "in house". - Being able to have all of the different disciplines working in the same company is very convenient and way more thorough. Getting your "GC" or Contractor engaged as early as possible. There is no point in designing a building that will never be built. You will just end up with an insanely expensive set of documents. The GC should be estimating costs all the way through the design process. Architectural Tip - Stay away from proprietary systems! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.Cyntergy.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
18:2429/07/2021
Episode #036 - The Power of 3%-4% annual RENT GROWTH in Commercial Real Estate

Episode #036 - The Power of 3%-4% annual RENT GROWTH in Commercial Real Estate

Have you ever wondered how to make an easy $1,000,000 in commercial real estate? Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund how you can make millions of dollars in commercial real estate from the compounding nature of Rent Growth. Topics discussed: How basic annual rent increases can add up to millions of dollars in value on your commercial real estate property. Basic Example on how to use cap rates to evaluate the value of income in most commercial real estate classes. On a 6% cap rate sale every dollar of income is worth $16 for the buyer. The power of a high number of units in an apartment complex can add up vs one single family rent home that you might own. How you could potentially make a 50%+ return on your investment by understanding how to correctly model rent growth in various different asset classes and markets. Reviewing how you can realize income growth with Capital Expenditure dollars being spent on the property that far exceed the actual value of the dollars spent. (i.e. you could potentially spend $1,000,000 to get $3,000,000 in future potential value.) Understanding Modeling - This is what will win you deals and make you money! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
15:5522/07/2021
Episode #035 - The Best Kept Secret of ALL TIME! Are you INVESTING in COMMERCIAL REAL ESTATE?!

Episode #035 - The Best Kept Secret of ALL TIME! Are you INVESTING in COMMERCIAL REAL ESTATE?!

Do you have Real Estate included in your investing portfolio? It may just be the best kept secret of all time. Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund release how you can get amazing, cash-flowing, real estate assets in your portfolio. Topics discussed: Stability - Avoid the volatility of so many investment sectors and sleep well at night knowing your real estate is appreciating every day. Reinvesting quarterly cash distributions. We typically pay out 10%-12% distributions in cash that allow you to reinvest that cash faster. Preferred Returns - The Limited Partners or Investors typically get the first 7%-8% that the investment makes. If there is a massive hit in cash flow typically the sponsor is taking the hit on THEIR returns. Not yours. CASH FLOW - Make Investments that pay out regular cash flow. Why Investing in Real Estate is one of the best hedges against inflation. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
16:3409/07/2021
Episode #034 - How Commercial Leases and Guaranties are Structured and WHY?!

Episode #034 - How Commercial Leases and Guaranties are Structured and WHY?!

At the end of the day most people just want a safe outlet to invest in commercial real estate. Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund review how most commercial leases are structured and why. Topics discussed: How Commercial Leases are Structured. Different Types of Credit guaranteeing the lease. National, Regional & Local. 3.The Value of a national credit tenant. Typically a publicly traded company where you can easily validate sales and strength of the tenant's financials. Pro's and Con's of National Tenants vs. Local Tenants vs. Regional Tenants. Pro's and Con's of Local Credit Tenant Deals. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
18:0625/06/2021
Episode #033 - How to find good COMMERCIAL REAL ESTATE investment opportunities and how to vet them!

Episode #033 - How to find good COMMERCIAL REAL ESTATE investment opportunities and how to vet them!

At the end of the day most people just want a safe outlet to invest in commercial real estate. Today our hosts Brian Duck and Braden Cheek from The Criterion Fund review how you can find sponsors or companies to manage your real estate investments! Topics discussed: Looking for the opportunity to invest passively in commercial real estate? How do you even start trying to find somewhere or someone to manage your investment? Don't be afraid to ask around to try and find the best opportunity to invest in Commercial Real Estate. You should be able to ask your banker, attorney, friends, family, and colleagues. You should be able to get several recommendations from there fairly easy. Once you find some potential candidates you need to be prepared to ask some tough questions to make sure they will be good stewards of your money. ASK ABOUT THE FAILURES! You learn way more from the failures than you do the successes. Where is the money coming from? Do they have "sticky" investors and lenders? Ask around and make sure they have a good reputation. Ask who their Attorney is or who is representing "the deal". Each and every deal should have a set of documents that is reviewed by legal counsel. *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
18:2801/06/2021
Episode #032 - How to find MILLIONS of dollars on Google for your Commercial Real Estate Deal!

Episode #032 - How to find MILLIONS of dollars on Google for your Commercial Real Estate Deal!

Finding Debt and Equity for your commercial real estate deal is probably the biggest thing keeping more people from doing it. Today we have special guest Andrew Thelen from The Woodmont Company along with our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity reviewing how simple it can really be finding debt and equity relationships for Commercial Real Estate Investments. Topics discussed: Andrew Thelen from The Woodmont Company - Intro on Assistant VP of Capital Markets. Can you really build a $5,000,000 private equity relationship starting from Google? YES! Google + Effort = Knowledge. Learn how to cold call. It may just fund all of your deals. The story of the lost $8,000,000 - Like we have said numerous times the deal of the decade comes around once a week. You just have to act on it! If you don't have the previous experience to raise the money yourself, find yourself a partner to use their experience in exchange for a piece of the deal! Most sponsors would say yes. After all, its FREE for them if the deal is good. How to find debt and equity relationships out of your market! *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.HowToInvestInCRE.TV https://Woodmont.com Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
13:5217/05/2021
Episode #031 - Building Relationships and Adding Value in Commercial Real Estate w/ Grant Gary

Episode #031 - Building Relationships and Adding Value in Commercial Real Estate w/ Grant Gary

Have you ever wondered how the big CRE firms get their business? It may be as simple as building relationships and adding value where you can. Today we have special guest Grant Gary from The Woodmont Company along with our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over how to win in the retail commercial real estate space. Topics discussed: Grant Gary from The Woodmont Company - Intro and Background into Woodmont. - Learn to be apart of the deal and be willing to work for next to nothing to learn. Asset Management - Lenders and Special Services aren't typically in the business of running the real estate on their books. Woodmont adds value being an operator of over 26,000,000 sq' in 26 states across the country. The special servicer feels much more comfortable having someone like Woodmont managing their asset given their experience and current portfolio. Acquisition Strategy - Learn to chase deals where YOU CAN ADD VALUE. Learning to redevelop or repurpose old concepts that are no longer viable leads to potential massive upside. Sample of Adding Value - Decreasing the amount of parking and creating Pads to create more traffic and cross shopping of customers. If done correctly this could have MASSIVE upside. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.HowToInvestInCRE.TV https://Woodmont.com Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
14:0804/05/2021
Episode #030 - Evaluating HOW and WHEN to Refinance in Commercial Real Estate Investing!

Episode #030 - Evaluating HOW and WHEN to Refinance in Commercial Real Estate Investing!

When you realize that the majority of the capital stack (where the money is coming from; bank debt, investor equity, sponsor equity, etc.) is typically coming from some sort of debt instrument you start to focus on how to use it to your advantage. Today we have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over how you can payoff all of your investors, keep the asset, and keep the property potentially forever. Topics discussed: Different Types of Debt - Non-recourse vs recourse bank debt vs life insurance debt vs CMBS debt. They each have pros and cons. Why to refinance? Aside from rate there is multiple reasons to evaluate a refinance. Cashing out on a substantial increase in NOI, extending amortization, dropping/lowering the personal guaranty on the deal, returning the investor equity, etc. Understanding the value of LEVERAGE. Is borrowing money a taxable event? Is borrowing money taxed as income? Understanding how the debt instrument you put on your property can effect your sale. Always be think about refinancing. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
20:5516/04/2021
Episode #029 - How to think outside the box to fund your first Real Estate Deal!

Episode #029 - How to think outside the box to fund your first Real Estate Deal!

Most people that are wanting to get started investing in commercial real estate typically have the same problem - they need money. Today we have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over different ways you can think outside the box to get your FIRST REAL ESTATE DEAL FUNDED! Topics discussed: 1.Most people will not be able to save enough money for long enough to have enough money to acquire their first deal. You have to be willing to think outside the box to get the first deal or two done. Putting debt on a property while in contract vs. putting debt on it after you already own it free and clear. "Equity Farming" - Going from one house, to two houses, to an apartment complex. How to constantly scale your portfolio with cash out refinances. Finding the CRE Deal or "Opportunity to invest" is way harder than finding the money for the deal. A great deal will always be funded if you can get it in front of the right people. Learning how to package up your first investment offering to make it EASY for your LP investors. Owner Carry? This could be one of the best ways for beginners to start. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com www.TheCriterionFund.com To sign up for our exclusive investor list, click below. https://www.TheCriterionFund.com/Join-Our-Investor-List
23:3106/04/2021
Episode #028 - Starting your DEVELOPMENT - You have a piece of land and an idea, What now?

Episode #028 - Starting your DEVELOPMENT - You have a piece of land and an idea, What now?

Today we have Tyler Detring with Ascend Construction breaking down when the best time to involve your general contractor when you are doing your first development. We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity along with Tyler Detring reviewing the best way to start your first development. Topics discussed: You have a piece of land you want to develop and you probably have an idea of what you want to do, but when do you bring in a general contractor? How do you find your General Contractor or GC? What questions do you need to be asking your GC when interviewing them for your job. What are the different types of ways a GC contracts with a Developer to build your building? Cost +, Fixed Price, Design Build, etc.. Learning how to mitigate your risk by making relationships with your GC and Architect. Make sure you trust your GC. Once the contract is signed and the work has started, you are in it for the long haul. *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: https://AscendOK.com Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
19:5924/03/2021
Episode #027 - How did COVID affect Commercial Real Estate? - w/ Jason Kennon from Case & Associates

Episode #027 - How did COVID affect Commercial Real Estate? - w/ Jason Kennon from Case & Associates

On today's episode we have Jason Kennon from Case & Associates, w/ over $2B+ in CRE assets, reviewing how COVID-19 affected the Retail, Industrial, and office segments of their commercial real estate portfolio. We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity along with Jason Kennon reviewing how each asset class preformed in 2020. Topics discussed: Managing Properties During Covid - Trying to gauge tenants comfort levels and fears. Local Bank Debt - Find a local bank lender who is willing to work with you. Full-Recourse bank debt can sometimes be scary, but they are typically willing to roll up their sleeves and work with you, compared to Non-recourse lenders that typically don't care. How restaurants became more efficient in order to stay in business during COVID-19. Moving to online ordering was a necessity to stay in business. Acquisition Mode - We are all ready to get out and start buying again. Will this economic dip be the time where you double down and expand? How are you underwriting to purchase properties? CASH-ON-CASH! Multi-Family Development vs. other asset classes. Links mentioned in this episode: https://www.CaseUSA.com Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
29:2216/03/2021
Episode #026 - How to Evaluate a Commercial Real Estate Deal in 10-15 Minutes or less!

Episode #026 - How to Evaluate a Commercial Real Estate Deal in 10-15 Minutes or less!

How do you find the needle in the haystack? You have to be underwriting, or looking, at 50-100+ deals per week sometimes. You have to find a way to quickly evaluate the deals. We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over our basic criteria to underwrite deals in 10-15 minutes. Topics discussed: Cap Rate - You can narrow down the range fairly quickly with setting a cap rate criteria. LOCATION. LOCATION. LOCATION. - Traffic Counts, Jobs, Median Income, etc. are all key indicators to a great location. Where are the rents? Are they higher, lower or at market rate? If you have lower than market rents this could leave you with massive potential upside. DEBT - Can you get it? Have you talked to your lender about the property yet? It might be best to run the property by your lender before you place your offer! How will your investors feel? Will they invest? Does it make enough money for the LP (Limited Partners)? *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
21:1409/03/2021
Episode #025 - Entity Structure in Commercial Real Estate - How to form a LLC

Episode #025 - Entity Structure in Commercial Real Estate - How to form a LLC

On today's episode we go over basic entity structure in commercial real estate and how to form a LLC (Limited Liability Company). We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over how we structure our CRE entities. Topics discussed: Why do you need a LLC? Why is a LLC our preferred entity vs. a S-Corp or a C-Corp. How to form a LLC? How to get your FEIN? how is your LLC taxed? *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.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
18:3604/03/2021
Episode #024 - Don't forget the GAME you're playing!

Episode #024 - Don't forget the GAME you're playing!

On this Episode of How to Invest in Commercial Real Estate we have Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over the importance of not forgetting the “GAME” you are playing. Topics Discussed We are all playing “The Game” by going to work every day to make money. Sometimes people forget what game they are playing. They focus purely on their job, i.e. being a good accountant or becoming a good project manager, etc. They work so hard on their company's business that they lose site of why they are there in the first place - making money for themselves. Develop a side hustle where you can make money playing a different game. Choose a game that actually gives you a chance to win the game and ultimately quit the game. Commercial real estate is a game that you can play part time and gives a chance to WIN BIG! *Be Sure to check us out on #Spotify and #ApplePodcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.apple.com/.../how-to.../id1543470290... Links mentioned in this episode: Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive #investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
11:3727/02/2021
Episode #023 - A Basic Introduction to Internal Rate of Return or IRR in Commercial Real Estate!

Episode #023 - A Basic Introduction to Internal Rate of Return or IRR in Commercial Real Estate!

On today's episode we go over the basics of using the Internal Rate of Return or IRR metric in evaluating commercial real estate investment. We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over how we use IRR and how many investors use it to compare different investments. Topics discussed: Defining Internal Rate of Return or "IRR": The internal rate of return is a discount rate that makes the net present value (NPV) of all of the cash flows from the investment equal to zero. Why do we use IRR as a tool to evaluate commercial real estate? Why would you take a lower IRR investment? What IRR's are commercial real estate sponsors underwriting to in the market today? *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/YRlM1MrcQoM Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
17:2923/02/2021
Episode #022 - Underwriting Commercial Real Estate - Free Underwriting / Due Diligence Checklist!

Episode #022 - Underwriting Commercial Real Estate - Free Underwriting / Due Diligence Checklist!

DDChecklist.HowToInvestInCRE.com - Download our FREE Due Diligence Checklist Today! How to understand due diligence from both an Investors Perspective and someone trying to do it themselves. Topics discussed: How to get from the signed contract or PSA (Purchase & Sales Agreement) to the closing table! Deal Closer / Title Company - Invaluable Asset to you team. $300 - $500 Attorney or Legal Team - Crucial when starting in Commercial Real Estate - $3,000 - $15,000 Property Management Company - HIRE ONE! Who is the Lender? They typically have the majority of the Capital Stack so it's an important relationship to have. Learn from your Due Diligence Mistakes! You will get better over time! *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/Zux6Fp4UiSI Links mentioned in this episode: DDCheckList.HowToInvestInCRE.com invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
20:2019/02/2021
Episode #021 - What your Property Manager DOES NOT DO for your Commercial Real Estate Investment!

Episode #021 - What your Property Manager DOES NOT DO for your Commercial Real Estate Investment!

On today's episode we have Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over everything your property manager does not do! Today we dive deep on what YOU as an Asset Manager will be doing on the day-to-day for your commercial real estate investments. Topics discussed: Assuming you've hired a third party property manager there are still things that will need done. Property Taxes and Insurance - Who handles this? Income Taxes and Annual Tax Filing - You will have to have an accountant!! Do you have investors? Someone will have to manage those relationships, send out property updates and distributions! Lawsuits? It could definitely happen! Negotiating Leases and Lease Renewals. *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/axAU8W5VK4w Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
21:4517/02/2021
Episode #020 - Get Comfortable Being Uncomfortable and Start Taking Action!

Episode #020 - Get Comfortable Being Uncomfortable and Start Taking Action!

On today's episode we have Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity reviewing why you need to be taking action today! Knowledge without application is meaningless! Topics discussed: S**t Happens! Be Prepared for something to go wrong. Be prepared to "burn the boats" and go all in! Be prepared to partner with someone! It helps to have someone to rely on and hold each other accountable. You have to be able to deal with the risks! Do you have the fear of loosing money? The fear of loss will take control and inhibit you from being able to purchase your real estate with confidence! *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/3AfUHBba7-o Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
19:1114/02/2021
Episode #019 - What to watch out for when using Cap Rates to purchase Commercial Real Estate!

Episode #019 - What to watch out for when using Cap Rates to purchase Commercial Real Estate!

On this Episode of How to Invest in Commercial Real Estate we have Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over what you should watch out for when using cap rates to evaluate commercial real estate deals. For a FREE copy of our Letter of Intent, go to Invest.HowToInvestInCRE.com! Topics discussed: What is the biggest thing that the cap rate does not consider? What is negative leverage? Evaluating why institutional investors choose to invest in better markets with smaller cap rates. Cap Rates don't measure where the market rent is. The cap rate may be lower but the income may be under market or could be improved through renovation. The preferred method for underwriting Commercial Real Estate Investments or properties. Internal Rate of Return (IRR). *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/e4tZQdxMwDc Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
20:3009/02/2021
Episode #017 - HOW TO BUY and BROKER Multi Family Apartments w/ Brandon Lamb of Newmark

Episode #017 - HOW TO BUY and BROKER Multi Family Apartments w/ Brandon Lamb of Newmark

How to Invest in Commercial Real Estate Special Episode (Part 2 of 2), we have special guest, Brandon Lamb from Newmark going over how Multifamily Buying and Brokering. For a FREE copy of our Letter of Intent, go to Invest.HowToInvestInCRE.com! Topics discussed: How to get started as a Real Estate Broker? What trainings and designations should you be taking? Building out a CRE Brokerage Team. You don't have to do it alone! Learn how to be broker by getting on as an ANALYST for a top team in your market. How to get the attention of Broker's and get awarded top Multi-Family deals! *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/ON9gukg84X4 Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
00:0002/02/2021
Episode #016 w/ special guest Brandon Lamb with Newmark going over MultiFamily Apartment Investing and Brokering

Episode #016 w/ special guest Brandon Lamb with Newmark going over MultiFamily Apartment Investing and Brokering

On this Episode of How to Invest in Commercial Real Estate we have special guest, Brandon Lamb from Newmark going over MultiFamily Apartment Investing and Brokering. Brandon and his team have over 90%+ of the Class A apartment sales market share and have set numerous records in the state of Oklahoma including largest multifamily portfolio sold and highest price per door. Topics discussed: Brandon Lamb Intro - Background and how he got into CRE Brokerage Setting up your Brokerage Team - Niche down and become the expert in your field Why multifamily is such a desirable asset class Who are the buyers in todays market and how are they winning deals? What are they underwriting to? What Debt terms are you seeing in the market today? *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/zpyGfpVmzF8 Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com https://Nmrk.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
20:0230/01/2021
Episode #015 - How to RETIRE on ONE Commercial Real Estate Syndication!

Episode #015 - How to RETIRE on ONE Commercial Real Estate Syndication!

In today's episode we go over the basics of what a Real Estate Syndication is, and how you can use it to retire after just one commercial real estate deal. For a FREE copy of our Letter of Intent, go to Invest.HowToInvestInCRE.com Topics discussed: What is a Real Estate Syndication? How do Real Estate Sponsors get paid? How to make a passive $100,000+ per year with just one deal! *Be Sure to check us out on Youtube for the Video version of today's episode!** https://youtu.be/mIumdJfrsRU Links mentioned in this episode: Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
26:2827/01/2021
Episode #014 - Understanding WATERFALL DISTRIBUTIONS In Commercial Real Estate Investing

Episode #014 - Understanding WATERFALL DISTRIBUTIONS In Commercial Real Estate Investing

In today's episode we go over the basics of what a waterfall is, and how it should be used in commercial real estate investing. The waterfall is how the cash flow gets distributed to the investors. Consider it a dichotomous key of sorts. For a FREE copy of our Letter of Intent, go to Invest.HowToInvestInCRE.com! Topics discussed: What is a waterfall? Who writes the waterfall? YOU DO! You create the rules but the MARKET dictates what investors will invest in. Be comfortable with your waterfall and be able to justify why you have structured it the way you have. ASK QUESTIONS to investors, other owners, and people raising money on how you need to structure your waterfall in order to get your deal funded! *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/SOaKo8xPuAE Links mentioned in this episode: invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us
17:3222/01/2021
Episode #013 - Live Overview of Criterion's latest investment opportunity - Kiddie Academy DFW

Episode #013 - Live Overview of Criterion's latest investment opportunity - Kiddie Academy DFW

A LIVE REVIEW of The Criterion Fund's latest investment opportunity! This offering over subscribed in less than a week! - For details, questions and more information - Check it out! For a FREE copy of our Letter of Intent, go to invest.howtoinvestincre.com! Topics discussed: Kiddie Academy Overview Investment Pros's An Overview of Expected Returns What could go WRONG *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/CtxKf44RTkY Links mentioned in this episode: invest.howtoinvestincre.com - FREE LOI (Letter of Intent) www.thecriterionfund.com www.howtoinvestincre.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
00:0019/01/2021