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The Best Ever CRE Show

JF 4066: Creative Conversions, Private Money and Profitable Systems ft. Adam Craig

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 22 October 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

On this week’s episode of Beyond Multifamily, Ash Patel and Amanda Cruise interview Adam Craig. Adam shares how he transitioned from single-family investing into commercial real estate, specializing in heavy lift office and mixed-use projects across the Cleveland market. He walks through the lessons learned from a 30,000-square-foot rehab that tested his patience and capital, then contrasts it with a more recent success—transforming a vacant dentist office into profitable salon suites. Adam also opens up about his funding partnerships, systemizing his property management, and how strategic rehabs and BRRRR-style refinancing have built long-term cash flow and equity across his portfolio. Adam CraigCurrent role: Founder, CLE Real Estate GroupBased in: Cleveland, OhioSay hi to them at: https://cleinvest.com/ | LinkedIn: https://www.linkedin.com/in/adamcraigcle/ Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Podcast production done by ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, best ever listeners, welcome back to the best ever CRE show.

0:05.4

This is Beyond Multifamily.

0:07.6

I'm Amanda Cruz, joined by Osh Patel.

0:10.9

Every Wednesday, we're breaking down deals and talking to investors who are anything except apartment investors, really.

0:18.7

We do industrial, we do office, mobile home parks, self-storage,

0:24.3

everything that isn't apartment buildings. So we'd love to chat with you. If you are an investor

0:30.2

in something that is not single family houses or apartment buildings, go to best ever and apply.

0:37.3

We would love to have you on.

0:39.9

Ash, what's up?

0:41.3

You know, to reiterate that, if you hate dealing with residential tenants, come talk to us.

0:47.5

We'll find you a better way.

0:49.7

You know, today's conversation with Adam Craig kind of blew me away. This guy started out with a ton of

0:57.3

single family heavy lifts and applied a lot of that same logic and lessons learned to doing

1:04.7

commercial buildings, but not just commercial buildings, really commercial buildings that

1:08.7

nobody else wants. No, as soon as he said a

1:12.3

couple of words off the bat, I was terrified. Like, hold on, what kind of deals are you doing,

1:17.5

man? But he was incredibly impressive. I mean, Adam kind of built up his business and single family

1:23.7

and then transitioned. And he said this after we already were done recording, but he said,

1:29.9

Ash, you were a big mentor of mine. And, you know, joining your group was honestly one of the

1:34.1

things that got me into this. And that got cut off. But, Osh, kudos to you. He really said

1:39.2

you were beneficial in that. Thank you. And Amanda and I are in the same mastermind. This was a student of ours

1:47.3

many, many years ago. And, you know, the other thing that really struck me is that he didn't

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