Feb 5, 2022
Welcome back to another episode of The Investing Advantage Podcast! Today, we will talk about a conversation I had with a gentleman, his name is Frank; he is one full-time investor. We discussed how to make a safe long term investment. Stay tuned until the end to learn more about this talk and competitive advantage!
[00:01 - 02:12] Opening Segment
- An overview about competitive advantage.
-
- What are the options we have?
- The importance of clarity.
- A useful conversation with Frank.
[02:13 - 07:37] How to Find a Predictable Cash Flowing Investment
- Understanding things that other people won’t.
-
- E.g. Developments are harder than value add, or retail is harder than multifamily.
- Think about where you have connections that other people don’t.
- Looking for opportunities of investment.
-
- What are your return expectations?
- What types of assets are invested in?
- Add value and justify your existence in the deal.
- The need to step back and analyze if the deal makes sense, and work for you.
- Value add and development for specific reasons.
-
- Have more control than less control.
- Resources that are available.
- Relationships.
- Leverage the capital that you have.
[07:38 - 10:14] Closing Segment
- Final thoughts.
- 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 or see below for my website link. I want to make sure to cater those interested, so please use the word “coaching” on the body or subject line.
- Don’t forget to connect with me and grab a hold of my free book through my website below.
Tweetable Quotes:
“When you're investing, I think clarity is probably the hardest thing most investors struggle with” - Shane Melanson
“One of my philosophies is I have to add value, I have to justify my existence in the deal.” - Shane Melanson
______________________________________________________________________
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.
If you enjoyed this podcast and would like to go even deeper into the world of commercial real estate, head over to my website for more information on my services, new book, and my blog.
Follow me on Facebook, Twitter, and Instagram. Or email me at shane@shanemelanson.com