With looming inflation, taxes, insurance, and all other costs we do not control, wouldn’t it be nice to push those off onto the tenant and avoid these inflationary pressures? In this episode, David Cruz Palmer shares that industrial real estate is a triple net conversion asset where a property has a lease structure where the tenant pays for the lease, including taxes and insurance. He also talks about the current changes and situation in the market to be able to build more wealth. If you want to know more about industrial real estate investing and its wealth-building capacities, tune in with your host, Daniel Nickles!
Outline of the episode:
- David’s background and how he got into real estate
- The demand drivers that are accelerating the performance of industrial real estate
- How rising interest rates have affected their strategy in terms of financing
- Using CMBS mirror to see who is delinquent
- Why industrial estate is attractive from an investment standpoint
About David Cruz Palmer:
David has been in commercial real estate for over 15 years. Over that time, he’s been an owner, investor, developer, and broker. This experience has given him a unique perspective on buying and selling real estate. After 14 years in San Francisco, David moved back to Charlottesville, Virginia, with his wife and two sons. While not working on real estate, you can find David at sports with his kids, doing Brazilian jiu-jitsu, or suffering through a Crossfit workout.
Connect with David Cruz Palmer here:
Catch The Two Smart Assets Real Estate Investing Podcast here:
Catch Daniel Nickles and get a copy of the Passive Investors Handbook here: