Commercial Real Estate Blueprint Podcast

In this episode, we are honored to host none other than Bob Knakal, a towering figure in the commercial real estate landscape of New York City.
With a career spanning decades, Bob Knakal has cemented his legacy as one of the most successful investment sales brokers, having facilitated transactions totaling a staggering $22 billion. His expertise, insights, and invaluable contributions have shaped the skyline of New York City and beyond.
In this captivating episode, we sit down with Bob Knakal to unravel the secrets behind his remarkable journey and gain profound insights into his illustrious career. Here are just a few of the thought-provoking questions we explore:
1. How did you get into real estate?
2. Walk me through a typical day in your life.
3. Do you invest personally? If so, what does your portfolio look like?
4. What's still driving you and keeping you from retirement?
5. What CRM do you use, along with any other software or tech stack?
6. How are you leveraging AI in your real estate endeavors?
7. Why did you start utilizing social media, and have you seen it impacting your business positively?
8. Who do you look up to or follow in the industry for inspiration?
9. What advice would you offer to a new investor seeking to purchase their first deal?
Join us as we uncover invaluable wisdom and gain unparalleled insights from Bob Knakal, a true luminary in the realm of commercial real estate. Subscribe now and don't miss out on this enlightening episode!

Hope you enjoy & God Bless!
Subscribe to the podcast and connect with us on Instagram and Youtube: @graham_storey and @thejessedurham for more.

Morgan Keim, The "Creative Capitalist", and the managing director of Ocean Ridge Capital, discusses his focus on elevating the standard of affordable housing in America. He shares his strategies for finding undervalued and neglected assets in cash-flowing markets and turning them into high cashflow, high alpha investments. Keim also talks about his journey in real estate, starting with accidental involvement in a property acquisition and gradually building his portfolio. He emphasizes the importance of creative finance and subject-to transactions in his investment approach. Keim also discusses the challenges and opportunities in investing in Cleveland and shares insights into his diverse portfolio. In this conversation, Morgan Keim discusses creative financing strategies in commercial real estate, including subject-to deals and seller financing. He also shares insights on distressed properties and opportunities for investors. The conversation touches on the importance of building a personal brand through social media and the benefits of networking and connecting with others in the industry.
Takeaways

• Elevating the standard of affordable housing is a mission-driven focus in real estate investing.
• Finding undervalued and neglected assets in cash-flowing markets can lead to high cashflow and high alpha investments.
• Creative finance strategies, such as subject-to transactions, can provide tax benefits and shelter cashflow.
• Investing in Cleveland has become more challenging due to tenant-friendly regulations, but opportunities still exist for finding cheap properties with significant yields.
• Building a diverse portfolio with a mix of LP investments, creative finance properties, and unique value-add opportunities can provide a balanced approach to wealth building. Creative financing strategies like subject-to deals and seller financing can be effective in commercial real estate.
• Distressed properties in commercial real estate can present opportunities for investors.
• Building a personal brand through social media can help establish credibility and attract potential partners and investors.
• Networking and connecting with others in the industry can lead to valuable opportunities and partnerships.

Chapters

00:00
Introduction and Background

01:04
Elevating the Standard of Affordable Housing

05:06
Investing in LA Real Estate on Expert Mode

08:50
Raising Money and Taking Action

14:24
Finding Deals and Building a Portfolio

18:20
Balancing Risk and Strategy

23:48
The Power of Creative Finance and Subject-To Transactions

29:00
Insurance for Creative Financing

30:10
Subject-to Deals in Commercial Properties

31:25
Opportunities in Distressed Commercial Properties

33:39
Favorite Techniques for Seller Financing

39:38
Starting in Multifamily and Building a Personal Brand

42:12
Transitioning to Full-Time Commercial Real Estate

48:31
Effects of Building a Social Media Presence

Hope you enjoy & God Bless!
Subscribe to the podcast and connect with us on Instagram and Youtube: @graham_storey and @thejessedurham for more.

In this episode, we sit down with Chris J Luna, a successful real estate investor, developer, and property manager based out of San Diego, California. We cover transitioning from single-family to multifamily investing, the power of social media and personal branding, incorporating your faith in business, and much more.

Hope you enjoy & God Bless!
Subscribe to the podcast and connect with us on Instagram and Youtube: @graham_storey and @thejessedurham for more.

In this episode, we sit down with Rich Somers, a commercial real estate investor, content creator, and podcast host. Rich has scaled his portfolio to $75 million in commercial real estate in just two years, including boutique hotels and multifamily properties. He has also amassed a social media following of 175,000 on Instagram alone, which he attributes to his rapid success. Additionally, he hosts a top 1% business and real estate podcast. Rich shares how he was able to scale his real estate portfolio and grow his business through social media.
Hope you enjoy & God bless

Hope you enjoy & God Bless!
Subscribe to the podcast and connect with us on Instagram and Youtube: @graham_storey and @thejessedurham for more.

Darren Smith, an owner-operator of industrial properties, shares his journey in commercial real estate. He started in residential real estate, but after meeting commercial investors and seeing the potential, he made the switch. Darren emphasizes the importance of building relationships with property owners and being a consultant for them throughout the process. He also discusses the benefits of seller financing and the need for trust and rapport in those deals. Darren advises being strategic with capital placement and considering the long-term cash flow implications. He shares insights on portfolio management and the importance of scalability. In this conversation, Darren Smith shares insights and advice on transitioning from residential to commercial real estate. He emphasizes the importance of overcoming the fear of raising capital and provides tips on structuring deals with seller financing. Darren also discusses the significance of keeping the investment process simple and focusing on cash flow. He highlights the power of visualizing goals and maintaining a positive mindset. Additionally, he shares his experience with social media marketing and the benefits it has brought to his business.
Takeaways

• Building relationships with property owners and being a consultant for them is crucial in commercial real estate.
• Seller financing can be a beneficial option, but trust and rapport are essential in those deals.
• Strategic capital placement is important to ensure long-term cash flow.
• Managing a portfolio requires scalability and careful consideration of cash flow.
• Being flexible with timing and exploring 1031 exchanges can be advantageous in property sales. Don't be afraid of raising capital when transitioning to commercial real estate
• Look for deals with a 400 basis point spread between bank rates and cap rates
• Consider seller financing as a way to secure cheaper debt
• Keep the investment process simple and focus on cash flow
• Visualize your goals and maintain a positive mindset
• Utilize social media marketing to connect with potential investors and build your brand

Chapters

00:00
Introduction and Background

03:23
Transitioning from Residential to Commercial Real Estate

08:45
The Excitement of Commercial Real Estate

11:15
The Power of Building Relationships

14:53
The Importance of Trust and Rapport

18:12
Don't Rush into Offers, Get to Know the Seller

21:05
Strategic Capital Placement and Cash Flow

23:06
The Reality of Cash Flow and Portfolio Management

26:53
The Need for Scalability and Strategic Investments

31:20
Considering the Future: Selling and Rolling into New Deals

34:00
Transitioning to Commercial Real Estate and Overcoming Capital Raising Fear

36:49
Structuring Deals with Seller Financing

39:45
The Importance of Cash Flow in Commercial Real Estate

43:40
Factors to Consider in Industrial Property Investment

46:23
Keeping the Investment Process Simple

57:32
Harnessing the Power of Social Media Marketing

Hope you enjoy & God Bless!
Subscribe to the podcast and connect with us on Instagram and Youtube: @graham_storey and @thejessedurham for more.