Description

Join Bo Barron, CCIM and Timmy Barron, ADHD in this captivating episode of "Commercially Speaking" as Bo welcomes fellow CCIM instructor and commercial real estate (CRE) investor Mark Cypert, CCIM, to the show. Mark shares three riveting stories from his investment journey, offering invaluable insights into the highs and lows of CRE investing.

What You'll Learn:

• First Deal Success: Hear about Mark's first investment in Indianapolis, where he leveraged local government support by calling on the mayor to help secure a deal. Learn how this strategic move played a crucial role in the successful acquisition of the building.
• Office-to-Housing Conversion: Discover the complexities and challenges Mark faced in converting an office building into housing. Despite the significant difficulties and "brain damage" involved, this project turned into a highly successful venture, demonstrating the potential rewards of innovative thinking in CRE.
• A Deal Gone Wrong: Gain a sobering perspective on the risks inherent in CRE investing as Mark recounts a deal in California that went awry when the city stopped paying rent. Understand the importance of risk management and the reality that not every deal will go as planned.

Mark’s stories provide a balanced view of the CRE landscape, highlighting both the potential for great success and the reality of significant risks. Whether you're an aspiring investor or a seasoned professional, this episode offers valuable lessons and real-world insights that can help you navigate the complexities of the CRE market.

Tune in to "Commercially Speaking" for an engaging and educational discussion that underscores the importance of resilience, strategic thinking, and risk management in commercial real estate investing.

⏰Time Code⏰
00:00:00 - Intro
00:04:08 - Name That Tune
00:09:01 - The Story Behind Bo’s Guitar
00:09:47 - Pop Quiz
00:21:21 - Who Is Mark Cypert?
00:24:15 - The 1st Investment
00:28:39 - Why Buy An Empty Building!?
00:36:14 - Ordinary Income vs Capital Gains Tax
00:37:33 - Converting Office Into Apartments
00:46:10 - Why Can’t This Be Replicated More?
00:50:24 - The Complexities of Ground Leases
00:51:51 - When A Deal Goes Wrong
01:03:24 - Shoutouts!

📒Show Notes📒

🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
https://subscribe.wgbarron.com/?utm_source=newsletter_share

SUBSCRIBE and LISTEN to Commercially Speaking Here:
Youtube: www.youtube.com/@CommerciallySpeaking
Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330
Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking
Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking

📲 Connect with us:
Youtube: https://www.youtube.com/@commerciallyspeaking
Instagram: https://www.instagram.com/commerciallyspeaking/
Facebook: https://www.facebook.com/commerciallyspeaking
Tiktok: https://www.tiktok.com/@commerciallyspeaking
Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share

Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
For all CRE inquiries visit http://www.barroncommercial.com

Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron