Welcome to another engaging episode of The Stash Cast, where we dive into the world of commercial real estate and proptech. Brought to you by Nedl, the AI-driven platform that predicts real estate transactions. Today, we are thrilled to have Ash Patel, the Managing Member of Invest Beyond Multifamily. Ash shares his journey, insights, and strategies for investing in commercial real estate beyond the multifamily sector. Tune in to learn from Ash's extensive experience and discover new perspectives on commercial real estate investment.
Key Topics Covered:
1. Introduction:
- Host introduction and overview of the episode.
- Introduction of Ash Patel, Managing Member of Invest Beyond Multifamily.
2. Ash Patel's Background:
- Ash's initial career in IT and transition to commercial real estate.
- The story behind his first property, a mixed-use building, and the epiphany that led him to focus on commercial real estate.
3. Investing Beyond Multifamily:
- The advantages of commercial real estate over residential, including tenant improvements and long-term leases.
- The shift from multifamily to other commercial sectors and the reasons
behind it.
4. Overcoming Objections:
- Addressing common concerns about commercial real estate, such as tenant turnover and retail viability.
- The reality of retail's resilience and growth despite online competition.
5. Strategies for Success:
- Finding mispriced, mismanaged, and mis-marketed deals.
- Importance of thorough lease reviews and understanding commercial leases.
- Case studies and examples of successful investments.
6. Mentorship and Mindset:
- Ash's mentorship program and its impact on students.
- The significance of mindset in achieving success in commercial real estate.
7. Financing and Market Insights:
- Differences in financing commercial properties versus multifamily.
- The importance of building relationships with local lenders.
- Current market trends and opportunities in commercial real estate.
8. Q&A with Stash:
- Stash and Ash discuss marketing strategies, the importance of networking, and leveraging LinkedIn.
- Ash's advice for new investors and the importance of being honest and straightforward.
9. Closing Thoughts:
- Ash's final words of wisdom for aspiring commercial real estate investors.
- How to connect with Ash and learn more about Invest Beyond Multifamily.
Connect with Ash Patel:
- Email: Ash@investbeyondmultifamily.com
- Website: https://investbeyondmultifamily.com
- LinkedIn: https://www.linkedin.com/in/ashbpatel/
Sponsor:
- : Predict real estate transactions with data and analytics. Learn more at https://nedl.us
Don’t forget to subscribe, rate,
and review The Stash Cast on your favorite podcast platform! Stay tuned for more insightful conversations on commercial real estate and proptech.
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thestashcast.substack.com/subscribe
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
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.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.