GMB #134: Crowdfunding Opportunities in Real Estate With Craig Cecilio

Historically, if you wanted to purchase a private investment, you had to qualify under the SEC’s standards as an accredited investor. After 2012, certain regulatory modifications made private investments accessible to non-accredited investors. This week our guest is Craig Cecilio – CEO and cofounder of DiversyFund Inc. DiversyFund is a crowdfunding platform that enables everyday investors to generate wealth by democratizing alternative asset investment.  

 

 

Show Notes

[03:36] Background – Craig explains what caused the regulatory changes that opened up private investments to non-accredited investors. 

[11:37] More Opportunities – Craig shares his thoughts on why opening up investments makes the most sense.  

[15:16] Craig’s Story – Craig describes how his real estate investing background led to the founding of DiversyFund, Inc.  

[27:28] Best Practices – Craig shares some important considerations when it comes holding or selling properties. 

[29:18] Communication Cycle – Craig describes what it’s like to report to 30,000 investors and how he considers their needs when making decisions. 

[35:29] Communication Transparency – Craig stresses the significance of transparent communication. 

[39:26] Process – Craig outlines the steps required to acquire his company’s services. 

[43:43] New Strategies – In addition to expanding geographically within the multifamily industry, Craig reveals his plans to offer new and alternative strategies.  

[46:19] Lifecycle of Funds – Craig shares when it makes sense to collect money from investors in relation to the lifecycle of the funds. 

[48:32] Challenges – Craig discusses the most challenging aspects of business expansion. 

 

Resources

GMB Ep #109: Buying the Building Your Business Operates in With Trisha Talbot

 

Having ownership of the building in which your business is based can be a significant wealth building tool. This week on Grow Money Business we have a distinguished guest who educates physicians, owners, and investors on healthcare real estate investment opportunities. Trisha Talbot is the Managing Principal of Doc Properties, through which she supports healthcare practitioners in maximizing the economic worth of their real estate holdings on which they conduct business. Throughout this week’s episode, we delve into numerous aspects of purchasing and constructing the building in which you firm operates. 

 

 

Show Notes

[02.42] Trisha’s Background – Trisha narrates her journey so far, and explains the work she carries out through her business.  

[06:56] Transfer Tenant Improvements – Trisha discusses numerous points to consider when transferring tenant improvements into a new location. 

[08:55] Patient Base – Trisha emphasizes the importance of the patient base while determining the best location for a medical practice. 

[11:00] Types of Buildings – Trisha reviews numerous types of buildings, while explaining the significance of real estate supply. 

[16.35] Commercial Property Asset Prices – Trisha talks about commercial real estate asset values and shares her viewpoint on using them as investments.  

[21.29] Lease Terms – Trisha highlights some of the critical factors to consider when filling out lease conditions. 

[26:44] Construction – Trisha discusses the advantages and disadvantages of constructing the buildings. 

[44:38] Role of Landlords – Trisha explains the role of a landlord, and shares some tax benefits related to owning a building.  

[51:59] Common Mistakes – Trisha highlights some potential problems that can arise while purchasing and constructing buildings.  

[55:59] Final Advice – Trisha delivers her final comments to business owners who are considering acquiring a building for business operations.  

Resources

Connect with Trisha:

Website: docproperties.com/ 

Email: [email protected] 

LinkedIn: linkedin.com/in/trishatalbot/ 

GMB Ep #86: Buying the Building Your Business Will Operate In With Justin Smith

Commercial real estate is something many investors seem to be interested in both as an asset class as well as a place for operating their businesses. Justin Smith, a broker, industrial advisor, and author, joins us today to talk about investing in commercial real estate. Throughout today’s episode, we explore what investing in commercial real estate is like as an asset class and what business owners who are considering buying buildings for their own businesses need to consider prior to day one and from day one to the day that the business no longer occupies the building. Stay tuned until the end of the episode, where Justin shares some strategies that help real estate investors with taxation.

 

 

Show Notes

[2:50] Justin’s Background – Justin has been working at Lee and Associates for 17 years, focusing primarily on industrial property. We talk about how Justin got into the real estate industry and what he learned through his long career.

[9:40] Buying a Building – Justin explains where to start if you’re looking for a building to buy and how the process differs according to the type of business, type of property, and whether it’s a lease or ownership.

[20:05] Transition From Tenant to Owner – Switching roles from the tenant to owner often calls for some construction work. Justin explains what potential property owners should know about working with contractors and other parties and maintaining compliance.

[26:55] Selling the Current Building and Purchasing the Next – What business owners need to think about when selling their current building to move to another and how their options differ based on liquidity, capacity, and capital.

[34:41] Potential Property – What makes a potential property or building an attractive investment in a portfolio, and what to look for in a potential real estate investment in terms of its cash flow.

[42:45] 1031 Exchange – Justin shares his thoughts on the future of the 1031 exchange, which gives business owners an option to avoid paying capital gains taxes when selling a property and reinvesting in similar properties.

[46:30] Tips for Pure Investors – Justin shares some tax strategies for people who are looking at real estate as a pure investment.

[49:00] Industrial Intelligence – Justin’s book, Industrial Intelligence: The Executive’s Guide for Making Informed Commercial Real Estate Decisions, came out last April. We talk about what he covers in the book and how it helps investors make smarter decisions for real estate investments.

Resources

Industrial Intelligence: The Executive’s Guide for Making Informed Commercial Real Estate Decisions: amazon.com/Industrial-Intelligence-Executives-Commercial-Decisions

Connect with Justin Smith

LinkedIn: linkedin.com/in/justinbsmith

Website: smithcre.com