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Ep #131: The Secrets to Becoming a Value-Add Commercial Real Estate Investor from a Veteran with More Than $4 Billion of Transactions Under His Belt – with Bill Shopoff

December 13, 2016


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Our guest for this week’s show is Commercial Real Estate Investment Expert, Bill Shopoff

Bill’s experience spans more than 35 years and includes the acquisition, development and/or sale of more than $4 billion of real estate and real estate-related investments, including 50,000 units of multi-family, 1.5 million square feet of retail, and 5 million square feet of office and industrial properties.

I think it’s safe to say that Bill has been there and done that and I’m positive that you’ll gain a ton of knowledge from our time spent together.

Here’s What You’ll Learn:

  • How he got his start in the brokerage side of the business before transitioning into land development.
  • Why Bill feels being a broad based value-add opportunistic investor versus an asset specific investor has been a big part of his overall success.
  • Details on a recent $48.5 million dollar retail power center acquisition in Reno, NV and his plans to take the center from 71% occupancy to 93%+ within the first year. In fact, hear the details on how his team was able to secure a good amount of LOI’s on the vacant space before even closing on the property.
  • The reasons behind his companies short-term hold strategy and why he focuses on an average of a 3-year holds versus long-term cash flow plays.
  • The challenges that he feels the retail sector is facing in the future and how his firm is adapting to these market shifts.
  • What his crystal ball is telling him about the real estate recovery and what his company is doing to prepare for any coming shifts.
  • Why he is a firm believer in the old adage “you make your money on the buy”
  • Why he suggests that every real estate investor reads “margin of safety” by Seth Klarman but I will warn you, the book is no longer in print and a used copy will run you $800 on amazon.
  • Why reputation and integrity is everything in this business and why he feels that these two items should be first and foremost when building your business.
  • And much more

Our Guest

Recommended Resources

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to KevinBupp.com/guide
  • Schedule your free 30 minute “no obligation” call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
  • Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S
  • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com

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