JF3658: Maximizing NOI with Triple Net Leases, Creative Financing, and Scaling a 75,000 Sq Ft Commercial Portfolio ft. Michael Hendzel

The Best Ever CRE Show

Best Ever CRE

Realestatepodcast, Entrepreneurship, Business, Realestate, Investing, Realestateinvesting, Realestateinvestingpodcast

4.8 • 983 Ratings

🗓️ 9 September 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michael Hendzel, a real estate investor, shares his experiences and insights in commercial real estate investing. He discusses the challenges he faces with his properties, such as dealing with tenant issues and property maintenance. Michael explains the difference between gross leases and triple net leases and why he prefers triple net leases. He also talks about his investment strategy, which involves buying properties in his local community and aggressively paying down debt. Michael emphasizes the importance of being a subject matter expert and having an intimate knowledge of the market when investing in commercial real estate.

Michael Hensel | Real Estate Background

The MavBrands
Portfolio:
- ~75,000 SF Plazas and Office
Based in: Belleair Bluffs, Florida
Say hi to them at:
- Youtube
- www.themavbrands.com

Sponsors:

Altra Running

Apartments.com

Transcript

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0:00.0	I'm a pretty avid runner and recently my foot have been bothering me for running so much
0:05.7	Then my friends at ultra running send me a pair of shoes to try
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0:56.7	send them back for a full refund.
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1:00.7	and find your new favorite pair of shoes today. That's a L-T-R-A- running
1:06.0	com. Stay out there with Ultra. Places come in all shapes and sizes.
1:11.0	Whether it's a three-story town home or a 300 square foot condo,
1:15.2	apartments.com will help lease them all. Because no matter what kind of rental property you own,
1:20.7	apartments.com believes that every landlord from big to small deserves access to the most
	...

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