Beyond Multifamily: Ash Patel’s Secrets to Commercial Real Estate Success
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
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