The Benefits of Triple-Net Leases with Dan Lewkowicz, Ep 40

04/20/23 • 47 min

This episode’s guest is Dan Lewkowicz a seasoned real estate veteran with over 15 years of experience in real estate. Starting his career “house hacking” he quickly moved on to flip houses in and around metro Detroit and eventually created a company called Renaissance Real Estate Ventures which specialized in house flipping in the Detroit area.

Now Dan is focused on his role as Senior Director of Encore Real Estate Investment Services where he specializes in net leased and multi-tenant retail properties.

In this episode, Dan shares his entrepreneurial background and experience in house flipping before becoming a commercial real estate broker. He highlighted the importance of an internal drive and a support system.

He also discusses diverse types of buyers for net lease properties, including high net worth individuals, REITs, and partnerships.

Episode Topics

[00:34] Meet our guest, Dan Lewkowicz
[04: 29] From Flipping Houses to Commercial Real Estate Brokerage
[07: 56] Entrepreneurship: Internal Drive and Opportunities in Existing Companies.
[ 17:27] The Importance of a Support System in Real Estate BrokerageBenefits
[15:56] From Real Estate Agent to Brokerage: Reasons for Transitioning
[22:52] The Hiring and Training Process for Real Estate Brokers: An Overview
[26:21] Understanding Commercial Real Estate Assets and Triple Net Leases for Investors
[34:35] Exploring the Diverse Range of Buyers for Net Lease Properties.
[41:13] Debunking a Myth About Multifamily Business
[41:53] What success looks like for Dan
[40:56] Connecting to Dan

Notable Quotes

"I bookmarked that in my mind, this whole concept that you could take something that doesn't look like it's gonna work, make some changes, and add some significant value." -Dan Lewkowicz
"I've really found my dream here as a commercial real estate broker. I love it. It's exciting, it's lucrative, it's fun, it's stimulating and it allows me to help a lot of people." -Dan Lewkowicz
"I think that if it's within, if you've got it within, it's going to come out right. It is going to find a way to express itself."-Dan Lewkowicz
"You can be an entrepreneur within a greater company or a greater framework." -Dan Lewkowicz
"Surrounding yourself with other people that are ahead of you... is so huge." -Dan Lewkowicz
"I just don't see that as much, for whatever reason within the commercial real estate circles. It's bizarre in a very good way."-Tim Little
"For people looking from the outside, who have that very comfy, W2 job, they might think going into flipping for reliable income is crazy, but with the brokerage business, it's 100% commission."-Tim Little

Connect with Dan Lewkowicz