Real Estate Investing for Cash Flow with Kevin Bupp Ep #19: Creating wealth by repositioning commercial investment properties – with Richard Muhlebach
In this episode, we are speaking with Richard Muhlebach, a 40-year commercial real estate broker and manager who is an expert at repositioning commercial real estate assets. Richard teaches a course on this very topic entitled, Repositioning the Asset to Maximize Value, has co-authored 19 books on commercial real estate, and is a highly sought after international speaker and trainer. This interview with Richard will provide you an inside look at how to successfully reposition real estate investment property.
Whether you are planning on buying a property with value-add potential or you already own a property in your portfolio that needs to be repositioned to realize its highest yield, Richard pulls back the curtain and shares the key information that will help you have more success with your commercial property repositions.
In this interview with Richard you’re going to learn:
- What it means to reposition a property and how to do it successfully
- The one most important item that will determine whether or not your property worthy of a reposition
- The different types of reposition strategies
- How to determine if a property is a candidate for a repositioning
- The professionals and experts who are required on your team to ensure a successful reposition
- How to determine the correct target market
- How to properly assess the capital improvements needed
- And much more
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