https://youtu.be/JD-txA_5iwY
Join us for an enlightening episode featuring Dan Lewkowics, a seasoned real estate professional with over 15 years of experience, ranging from house hacking in Detroit to directing commercial deals at Encore Real Estate Investment Services. Dan brings a wealth of knowledge, especially in net lease properties, including shopping centers, medical offices, and quick service restaurants.
In this episode, Dan dives deep into strategies investors can employ to boost their net operating income (NOI) and property value in the commercial real estate realm. He discusses critical methods such as the vacant repositioning strategy, blend and extend strategy, and hunting for short-term deals to maximize property value. With a keen eye on tenant dynamics, Dan offers invaluable insights into negotiations, lease extensions, and risk management.
Don’t miss Dan’s expert advice on leveraging property value, conducting due diligence, and navigating high debt challenges in shopping center investments. Whether you’re an experienced investor or new to the commercial real estate sector, this episode is packed with actionable insights and strategies.
KEY POINTS FROM THE EPISODE:
1. Strategies for Increasing Property Value: Dan explains three major strategies for increasing the value of net lease properties: vacant repositioning, blend and extend, and hunting for short-term deals.
2. Risk and Reward in Real Estate: Dan discusses the inherent risks and potential rewards in implementing strategies like the blend and extend approach, emphasizing the importance of due diligence and tenant negotiations.
3. Commercial Real Estate Focus: Although Dan started with house hacking and flipping houses, he found greater financial success in commercial real estate brokerage, specializing in properties like shopping centers and medical office buildings.
4. Triple Net Lease Advantages: Dan highlights the stability, predictability, and guaranteed income stream of triple net leases, while also acknowledging the risks of relying on a single tenant for income.
5. Market Insights and Predictions: Dan shares his insights on the current real estate market, noting the impact of interest rates, the importance of keeping an open eye for opportunities, and his own cautious optimism backed by recent increases in deal volume and listings.
CONTACT YOUR HOSTS:
LinkedIn: @spurequity
Website: www.spurequity.com
CONTACT TODAY’S GUEST:
Linkedin:https://www.linkedin.com/in/dan-lewkowicz/
Instagram: @danlewk
Website: encoreinvestmentrealestate.com
Gmail: Dlewk@encorereis.com
