We are working on renewing a Dollar Tree lease that’s a tenant in a center we purchased last year. The tenant occupies 17,089sqft and currently pays $6.00/sqft They have proposed a 5 year extension at $6.50/sqft with 4 months of free rent along with us helping replace one of the HVAC units that is becoming old and experiencing issues. Here is what we are countering them… PPSF: $6.50 Free Rent Months: 0 TI Allowance for HVAC: $15,000 One 5-Year Option at $8/sf The counter terms would result in a a Net Effective rent of $6.32/sf. Once we factor in our leasing commission of 2% ($11,107) and the $15,000 of TI it brings our net effective rent per square ft over the 5 year term to $6.19 This makes this lease worth $1,322.261 at an 8 CAP rate and we lock in this tenant for another 5 years securing rent of $544,284. In commercial, all of the value comes from the lease its terms. Know your leases!

Blackstone has agreed to acquire Tricon, a Toronto-based company owning around 38,000 rental homes in the U.S. and apartment buildings in Toronto, at $11.25 per share in cash. A joint venture of Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust shows Blackstone's increased involvement in the single-family rental sector. Blackstone has $1 Trillion dollars under management and manage over 300,000 rental units What are your thoughts on the single family sector? Do you keep single family in your portfolio? https://www.financierworldwide.com/fw-news/2024/1/23/blackstone-takes-tricon-private-in-35bn-deal https://fortune.com/2024/01/19/blackstone-tricon-3-8-billion-acquisition-wall-street-landlord/amp/

Last week I started Part 1, Financial Analysis for Commercial Real Estate, out of the 4 part curriculum on commercial real estate. As I go through this course i'm going to be sharing information that I think will be... 1) Valuable to others knowledge arsenal and 2) Actionable items that you can apply to your investing strategy/ portfolio. https://www.ccim.com/

If I start with $100,000 and Invest $125,000 every quarter ($500,000/year) for the next 25 years and earn on average 12% rate of return, the investment value would be AT LEAST $77,832,829 with my capital contribution being $12,600,000. A $65,232,829 gain. Not too bad, ay? Thanks to compounding. (And high income, of course) At its core, the compound effect is a simple concept. It involves the snowballing of small gains over an extended period, creating a compounding effect that accelerates wealth accumulation. Patience is the key to unlocking this potential. One of the fundamental principles of investing is understanding the power of time. The longer your money is invested, the more time it has to grow. Simple... Patience in investing is not about inaction, it's about strategic, well thought out actions over an extended period. It involves resisting the temptation to chase after the latest hot deals or panic-selling during market downturns. Instead, patient investors focus on the underlying strength of their investments and the potential for long-term growth of a portfolio. Another crucial aspect of patience in investing is the ability to reinvest dividends. Cash flowing properties like apartments or rentals can provide a steady income stream, but the true power lies in reinvesting that cash. This is what leads to massive growth. Warren Buffett, one of the most successful investors of our time talks about patience and the compound effect all the time. He famously said, "The stock market is a device for transferring money from the impatient to the patient." Buffett's own investment philosophy is rooted in a long-term, patient approach that has allowed him to amass substantial wealth over decades and we must apply that to our real estate investing strategy. Not everyone is 22 anymore or YET, but compounding starts at any age. Just start. (If you want to play with some hypothetical numbers you can use https://www.nerdwallet.com/calculator/compound-interest-calculator to run some different sceniros just to get a very basic idea of compounding and it's power)

I'm glad you're here. Together we are creating space inside the real estate industry on the Skool platform. Our mission is simple: to educate, inspire, and foster a collaborative environment where we can all propel forward and create our own wealth in real estate no matter what stage you are at. Here is what you can expect in this community: 📚 Education: Knowledge is the key to successful real estate ventures. In this community, we believe in the power of continuous learning. From seasoned tactics to the latest market trends, our platform is a hub of valuable information aimed at equipping you with insights. We use "Old Money" tactics to create "New Money" wealth. 💡 Inspiration: Real estate investment is not just about numbers and transactions; it's about vision, innovation, and inspiration. Here, we share success stories, discuss breakthrough strategies, and ignite the spark that drives us all to reach new heights in our real estate endeavors. 🤝 Community Support & Network: No one should navigate the complex world of real estate investment alone. We emphasize community support. Whether you have questions, experiences to share, or seek guidance, you'll find a supportive network ready to help you overcome challenges and celebrate successes from others in the community. We will grow this to become your go-to platform for all things real estate investment. Together, let's build a community where each member thrives and collectively contributes to the growth and success of the real estate investment world. Welcome aboard. Logan Lindstrum