Building Wealth Through Commercial Real Estate: Insights from Graham Storey

In episode 5 of The Capital Connection Unplugged, Quentin West interviews Graham Storey, a successful commercial real estate broker with a diverse portfolio including Airbnbs and residential properties. Graham shares his journey from residential to commercial real estate, highlighting how a chance opportunity led him to specialize in commercial brokerage. 

Tune in to gain insights from Graham's experience and learn about the dynamics of the commercial real estate industry.

TIMESTAMPS

[00:03:27] Tough Start in Real Estate.

[00:06:03] Commercial Real Estate Career Advice.

[00:09:44] Real Estate Investment Strategies.

[00:15:12] Starting Out in Real Estate.

In this episode, Quentin West and Graham Storey emphasize the importance of having a mentor in the commercial real estate industry. Graham shares how his career trajectory shifted when he had the opportunity to work under experienced commercial brokers who mentored him. He highlights that having a mentor can be crucial for learning and success in the competitive world of commercial real estate. 

Overall, Graham's experience and insights underscore the potential for long-term wealth creation and income growth through strategic investments in commercial real estate. By focusing on acquiring and optimizing commercial properties, investors can build a robust portfolio that generates sustainable returns and enhances financial security over time.

QUOTES

• "If you were to start in residential, then I would tell you to maybe go into just selling investment properties, so just homes or small multifamily, like under four units, because that's technically still considered residential." - Graham Storey 
• “It makes more sense to add 10 units at once that you can significantly increase your net worth and income overnight compared to buying in a residential neighborhood for life, where you're kind of capped out at the overall value until the market appreciates and you have more room to grow.” - Quentin West
• "Commercial is definitely more of a long-term play, and you can find deals with a lot of cash flow, but there's just a higher barrier to entry, especially if you're not doing it every single day." - Graham Storey 

SOCIAL MEDIA LINKS

Quentin West

Instagram: https://www.instagram.com/qdealshomes/

Facebook: https://www.facebook.com/qdealshomes/

LinkedIn: https://www.linkedin.com/in/qdealshomes/

Graham Storey

Instagram: https://www.instagram.com/grahamstoreyrealestate/

Facebook: https://www.facebook.com/grahamstoreyrealestate/

LinkedIn: https://www.linkedin.com/in/graham-storey-430507174/

WEBSITE

Shortcut To Superhost: https://www.shortcuttosuperhost.com/

City Plat Commercial Real Estate: https://cityplat.com/