When you have enough capital to spare, there are many business industries you can get your hands on: Retail, e-commerce, manufacturing, and real estate to name a few.
For Brian Malliet, it’s a different story. Brian started small and worked his way up the ladder when he decided to start a business of his own. As he shares his story with Justin, they also discuss the importance of finding the right operator when investing in multi-tenant industries.
Highlights
- The start of Brian Malliet’s career. - 0:33
- Believing in the concept of having your money work for you instead of having to work to get money. - 5:53
- What affected his decision to jump from brokerage to starting on his own? - 8:05
- Where is he now six to seven years after starting a business of his own? - 9:30
- What does raising and working within his network look like? - 12:30
- Into the industry: Are people still dog pilling in the asset class? - 14:19
- Technology is finally in our space and everywhere: Parts that Brian finds useful when it comes to handling his business. - 21:23
- Focusing on a tenant-based business. - 25:44
What’s the rent growth from the past two to three years? - 30:27 - The best time to make adjustments. - 34:20
- What it looks like to continue owning the same assets. - 35:27
- How to contact Brian and his team - 42:30
Episode Resources - Connect with Brian Malliet
- https://www.bkmcapitalpartners.com/brian-malliet
- https://www.linkedin.com/in/brianmalliet
- Connect with Justin Smith
- https://smithcre.com/
- https://www.lee-associates.com/
- jbsmith@leeirvine.com
- https://www.linkedin.com/in/justinbsmith
