Description

Welcome to Season 2 of The Investing Advantage Podcast! In this episode, let me introduce my cohost, Stephen Simpson. He is a consultant, executive, professional engineer, and project management professional with 20 plus years of experience in commercial real estate construction across North America. We discuss the topics to take on in the following episodes that you will find helpful in reaching your real estate goals. Listen in to get to know my cohost and to take a sneak peek of the value to watch out for! 

[00:01 - 04:49] Why We Are on Season - Presenting a Cohost

• Getting to know cohost Stephen Simpson
• • Focusing on the analytical side
  • Running the company Focus Developments

[04:50 - 20:35]  How Specialization Helps in Various Areas in Life

• Tackling the main topics of discussion
• • Understanding the approach to work and the importance of having a commonality of interests with colleagues
  • Being always on the look out for upcoming opportunities
• How to select a target commercial real estate asset class
• • One asset class to help simplify your understanding and avoid overwhelm
  • Implementing specialization into our lives
• More topics coming your way
• • The pros and cons of buying existing vs. newly developed estates
  • Risk mitigation strategies for those looking to invest in new development
  • The pros and cons of staying small or scaling up
  • Where the market is going this year and beyond

[20:36 - 24:20] Closing Segment

We will begin coaching sessions next month! If you are interested in my coaching and consulting program, please reach out to me through email at  shane@shanemelanson.com. I want to make sure to cater to those interested, so please use the word "coaching" on the body or subject line.

Connect with Stephen: https://ca.linkedin.com/in/stephenrsimpson 

You can also follow me on Linkedin, and Twitter. If you would like to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money.

LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or click here to listen to our previous episodes.

Follow The Investing Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel.

Tweetable Quotes:

"I like the concept of specializing becoming really good at something and then that is going to help you when you're analyzing deals is going to help you when you're trying to make the best use of your time, especially." -  Stephen Simpson 

"It's very easy to get pulled in to how they [successful investors] invest, you know, trying to almost adapt their goals, versus just stepping back and asking, like, what is it that I want out of this?" - Shane Melanson