This episode’s guest is Deren Huang, Over the last 5 years Deren has bought over 100 residential units in Tulsa, OK. Tired of the midnight calls, especially the ones from the police, he has now shifted his focus to commercial real estate, specifically industrial. He now has over 100,000 SF of triple net lease space.
In this episode, Deren described how a recurring client served as his mentor when he transitioned from residential real estate to investment sales. His expertise in building processes, hiring, and training a team to scale their real estate firm.
He also discusses a previous real estate transaction they completed in which they negotiated a high cap rate and raised money for investment. It focuses on the ease of use and alluring rewards for investors as it covers the structure and returns of their industrial real estate investment.
Episode Topics
- [00:20] Meet our guest, Deren Huang
- [01: 59] From Residential to Investment Sales: My Real Estate Journey
- [04: 50] How Deren took action to become an investor
- [ 12:54] The Challenges of Scaling: Lessons Learned in Real Estate Investing
- [20:03] Exploring the Three Categories of Industrial Real Estate
- [26:07] Securing a High Cap Rate: A Small but Profitable Warehouse Deal
- [28:39] Industrial Investment Made Simple: No-Frills, Attractive Returns
- [31:01] What is one red flag every investor looks out for?
- [36:07] What success looks like for Deren
- [37:03] Connecting to Deren's
Notable Quotes
- "Scaling a business is not just about working harder, it's about learning new skills and trusting others to help you grow." -Deren Huang
- "Putting systems in place and training a team is essential to creating a well-oiled machine that can replace yourself and allow for continued growth."-Deren Huang
- "Scaling requires hiring and training a team, implementing systems, and delegating tasks for a well-oiled machine."-Deren Huang
- "Transitioning from residential to commercial loans meant finding better deals and adding more value."-Deren Huang
- "Retiring early and pursuing leisure isn't always the fulfilling experience people expect. Engaging with others and adding value can be more satisfying."-Tim Little
- "Scaling through systems and delegation is key to unlocking growth and success in any entrepreneurial endeavor." -Tim Little
Connect with Deren Huang:
👉 Connect with Tim
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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497