meta_pixel
Tapesearch Logo
Log in
The Best Ever CRE Show

JF 4157: The Real Truth About Triple Net And Industrial Expenses ft. Darren Smith

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 21 January 2026

⏱️ 42 minutes

🧾️ Download transcript

Summary

Amanda Cruise and Ash Patel interview Darren Smith to explore why industrial real estate became his long-term focus after years in residential investing. Darren shares how flipping and wholesaling hundreds of homes pushed him toward simpler, scalable assets, and why warehouses—with fewer tenants, stronger cash flow, and less operational friction—fit his personality better than multifamily. He breaks down how he finds off-market industrial deals, uses relationship-driven seller financing, and adds value through demising space, rent resets, and creative lease structures like fixed CAM. The conversation also covers real-world headaches, leverage discipline, and why patience and downside stress-testing are critical in today’s commercial market. Darren SmithCurrent role: Principal, Solid Growth PropertiesBased in: York, PennsylvaniaSay hi to them at: https://solidgrowthproperties.com/ https://www.facebook.com/solidgrowthproperties https://www.linkedin.com/in/darren-smith-cre-investor/ Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/  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

Click on a timestamp to play from that location

0:00.0

If you're a lead sponsor or capital partner in today's private markets, raising capital is getting more complex,

0:06.2

more scrutinized, and harder to scale without the right structure. That's why TribeVest is the industry

0:12.0

leader in building the infrastructure behind private market capital raising. They've solved the biggest

0:17.2

problem sponsors face, how to work with capital partners, aggregators, and networks

0:22.4

professionally without creating chaos, compliance risk, or friction for investors.

0:28.4

TribeVest has launched the Institute for Structured Capital, an education and operating system for

0:33.8

modern capital raisers.

0:35.5

There are two tracks, one for lead sponsors who want to build

0:38.7

a structured program around working with capital partners, and one for capital partners who want

0:44.1

to build a real capital aggregation business the right way. If you're serious about raising

0:48.8

capital at scale with credibility and structure, you can join the wait list at triVestisC.com. Structure is the strategy for

0:57.4

the modern capital raiser, and this is where the industry is heading. Best ever listeners, welcome back to

1:03.0

another episode of Beyond Multifamily. I'm Amanda Cruz, joined with Ash Patel. We're coming at you

1:10.0

every single Wednesday with everything

1:12.6

that is not apartment investing. Today, we had an awesome guy on Darren Smith, and he talks all

1:19.0

about industrial and what he's doing. It's really fascinating. What's up, Ash? What do you think?

1:24.4

Amanda, this was a cool interview. We did shit on multifamily a little bit,

1:29.1

or I did. But however, I got one of the greatest tips ever with the cam, the static cam that

1:35.6

he charges. I don't know why I never thought of that. But there's a lot to learn in this episode.

1:41.4

Great interview. This will be a lot of fun.

1:50.2

Heck yeah. And make sure the best ever conference is coming up in Salt Lake City. We will be there. And if you haven't yet gotten your ticket, podcast 10, all caps for 10% off. I'm looking

1:56.2

for to it. Ash, we always have probably too good of a time there. Oh, we have a great time.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Best Ever CRE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Best Ever CRE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.