Text us your ideas or thoughts on this episode!
Get ready to unlock the secrets of success in real estate as we bring you an all-encompassing conversation with Robert Chiang, a seasoned real estate expert from San Francisco. Brace yourself for a deep dive into Robert's thrilling journey that spans from commercial real estate to house flipping and becoming a licensed general contractor. Our candid chat uncovers the stark differences between residential and commercial real estate, the magnified nature of the commercial side, and the myths that surround it. We also emphasize the power of persistence in overcoming the challenges of sales in this ever-dynamic market.
We're pulling back the curtains on the intricate world of commercial real estate investing, with a detailed exploration of strategies for buying and selling apartment buildings. Expect to learn about the importance of building relationships with officials like building inspectors and the nitty-gritty of the grading system used in California. The challenges faced by newcomers in the commercial real estate market aren't ignored, and our discussion about the crucial role of the 1031 tax deferral strategy will leave you equipped for success in your real estate endeavors.
As we round off, we dissect the current real estate market trends in San Francisco and San Jose. You'll learn about the increasing value of suburbs over the city, the impact of crime on these trends, and the importance of readiness for any market conditions. We reveal our strategies for finding lucrative off-market deals and emphasize the significance of nurturing relationships in the industry. Remember, securing the best deal should always be a priority! So, buckle up and prepare to gain invaluable insights from seasoned professionals, and arm yourself with the tools you need to successfully navigate the real estate market.
Website:
www.PassiveWealthCoaching.com
Book on Amazon:
https://a.co/d/9lOeQKV
Chapter Timestamps
(00:03) - The Commercial Real Estate Journey
(08:09) - Commercial Real Estate and Building Inspections
(18:32) - Real Estate Market Trends and Strategies
(32:01) - Real Estate Challenges and Successes
(44:49) - Tips for Success in Real Estate
Highlight Timestamps
(04:39 - 06:12) Residential vs Commercial Real Estate Sales (94 Seconds)
(14:23 - 15:29) Real Estate Investments (67 Seconds)
(24:27 - 25:57) Network With Power Brokers in Real Estate (90 Seconds)
(31:53 - 33:10) Local Investments and Property Management (78 Seconds)
(38:56 - 40:06) Landlord Frustrations and Challenges (70 Seconds)
(48:24 - 49:30) Learning Construction Skills and Tools (66 Seconds)
Real Estate, Commercial, Investing, San Francisco, San Jose, Apartment Buildings, Building Inspections, 1031 Tax Deferral, Market Trends, Strategies, Success, Challenges, Mentor, Coaching, Passive Wealth, Amazon, Audiobook, Social Media, Speaking Engagements
Popular Podcasts
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.