Commercially Speaking Podcast- Commercial Real Estate Investing That Entertains

Bo Barron, CCIM | Timmy Barron, ADHD
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Mar 4, 2025 • 1h 12min

The Secret to Raising Millions for CRE Development - with Blake Richey

Ever wondered how to make the leap from real estate broker to developer? In this episode of Commercially Speaking, Bo and Timmy Barron sit down with Blake Richey, CCIM, a former broker turned multifamily developer, to discuss what it takes to build, fund, and scale a development business.Blake shares the exact steps he took to transition from closing deals for clients to building his own multimillion-dollar properties. From his first investment in a self-storage facility to raising capital for 200+ unit apartment complexes, this episode is packed with practical insights for brokers, investors, and aspiring developers.🔑 Key Takeaways:How Blake landed his first development deal (without having millions in the bank)What it really takes to go from brokerage to developmentHow to structure deals, raise capital, and secure financingThe biggest mistakes first-time developers make (and how to avoid them)Why multifamily housing is still one of the best investments in today’s market📍 Plus: Timmy gets a crash course in development, Bo drops some CCIM wisdom, and the guys discuss the power of relationships in CRE (and how one conversation can change your career).🎧 Listen now on Spotify, Apple Podcasts, or YouTube!🏗️ Blake Ritchie’s Development Firm – TSPKY.com📊 CRE Marketing Mastermind – wesgay.com/cs🛠️ Site to Do Business (STDB) – The secret weapon for site selection and market analysis - stdb.com🤖 Superpowers HQ – Need a CRE executive assistant? Get one here: superpowershq.com/commerciallyspeakingAll Disc, No Balls! — Tizbee, The Secret Game For Champions — tizbee.com💡 Massimo Group – World-class coaching for CRE brokers: massimo-group.com🛠️ Site to Do Business (STDB) – Powerful CRE analysis and mapping tools: stdb.com⏰Time Code⏰00:00:00 - Start00:04:15 - Grew Up On A Farm00:04:49 - Real Estate Appraiser to Residential Agent00:05:28 - Brokerage to Development00:06:57 - How Does Someone Become A Developer?00:09:25 - We Didn’t Know What We Were Doing00:10:12 - How Bo Bought His First Property00:11:28 - If The Deal Is Good Enough The Money Will Show Up00:12:23 - Developer Vs Construction Company00:14:20 - Speed, Quality or Price. You can only pick 200:16:17 - The 4 Feasibility Tests00:17:45 - The Type Of Sites I Like00:20:19 - What a Civil Engineer Does00:25:39 - Entrepreneurs vs Bureaucrat00:28:54 - What Are Some Mistakes Learned That You Will Never Make Again?00:32:04 - Why Multi-Family?00:33:23 - What Happens After Receiving The Certificate of Occupancy?00:35:49 - Develop to Sell00:37:14 - Any Aspirations To Develop Other Asset Classes?00:38:08 - How Do You Lease It Up?00:40:01 - How Do You Structure A Development Deal?00:46:10 - I Never Thought I Could Get $12M For A Deal00:48:45 - How Do You Get The Money For The 1st Deal?00:53:33 - Pop Quiz01:00:05 - The Value Of CCIM Education🔗 Resources Mentioned:
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Feb 25, 2025 • 1h 3min

Why This $14B CRE Broker Walked Away from Big Firms – with Sam McVay

Most CRE brokers follow the big-firm playbook. Sam McVay doesn’t. As the co-founder of McVay Real Estate, Sam has transacted over $14 billion in deals across hospitality, office, retail, and alternative assets. But instead of chasing volume, he’s built a boutique firm that prioritizes relationships over transactions, quality over quantity, and integrity over conflicts of interest.In this episode of Commercially Speaking, Bo and Timmy Barron sit down with Sam to talk about:✅ Why big brokerage firms prioritize their bottom line over yours✅ The hidden conflicts of interest in traditional CRE firms✅ Why Sam believes face-to-face deals will always outperform digital deals✅ The cutting-edge AI tools he’s using to streamline transactions✅ What global investors are buying in Australia, Asia, and the U.S. right now📍 Plus: Sam shares his wild journey from New York to London to Sydney, explains how he built a CRE powerhouse with just 8 brokers, and even gets a crash course in Timmy’s new sport, Tizbee.🎧 Listen now on Spotify, Apple Podcasts, and YouTube!🔗 Resources Mentioned:📊 McVay Real Estate – mcvayrealestate.com🏨 CRE Marketing Mastermind – wesgay.com/cs🎾 Tizbee: All Disc, No Balls! – Tizbee.com🧠 SuperpowersHQ – Get an EA who understands CRE superpowershq.com/commerciallyspeaking💡 Massimo Group – World-class coaching for CRE brokers: massimo-group.com🛠️ Site to Do Business (STDB) – Powerful CRE analysis and mapping tools: stdb.com⏰Time Code⏰00:00 - Start03:01 - All Disc, No Balls04:46 - Meeting Sam McVay06:38 - How Did Your CRE Journey Unfold?09:34 - 10% Commission11:24 - The Fundamental Problem With How Most Agencies Operate15:21 - Conflict of Interest24:11 - Doing Business Face to Face28:22 - The Impact of a Good Dad34:59 - Movie Trailer Listings, VR Tours, and Leather Bound Materials40:16 - Using Ai For Accuracy and Efficiency45:22 - Key Differences Between Australia, US and New Zealand Markets52:37 - Trump Requires Federal Employees Back To Office55:33 - More Than Face To Face🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_shareSUBSCRIBE and LISTEN to Commercially Speaking Here:Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeakingAmazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking----📲 Connect with us:Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/Facebook: https://www.facebook.com/commerciallyspeakingTiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share----Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.comTimmy is an actor, comedian, writer and host: @timmybarron https://youtu.be/ICoIAHSZvgA
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Feb 17, 2025 • 1h 10min

Stop Buying Buildings! Start Buying NOI for Real Wealth – Ep. 91

Dive into the world of Net Operating Income (NOI) and discover why it's the linchpin of commercial real estate investing. Learn how to accurately calculate NOI and its essential role in property valuation. Explore seven crucial uses of NOI, from securing financing to measuring performance. The hosts share a real-world case study and highlight common pitfalls to avoid. Plus, uncover strategies to boost NOI and increase property value, ensuring you're making informed investment decisions throughout your journey!
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Feb 13, 2025 • 1h 14min

CRE Broker EXPECTATIONS VS REALITY: What They DON'T Tell You - with Raphael Collazo

Breaking into commercial real estate isn’t easy—especially if you have zero connections. But@RaphaelCollazo did just that, leveraging content creation, networking, and personal branding to build a thriving career in CRE.In this episode of Commercially Speaking, Bo and Timmy Barron sit down with Rafael to discuss his journey from software consultant to commercial real estate expert, the challenges of starting from scratch, and how he launched his own brokerage. Plus, Rafael shares the game-changing strategy that helped him create instant credibility and win business before he even closed his first deal.🔑 Key Takeaways:Why most new brokers fail in their first 2 years & how to avoid itHow Rafael used books, podcasts, and meetups to build authority in CREThe truth about making money in commercial real estate (spoiler: it’s not quick)How to qualify prospects so you don’t waste time on bad dealsThe power of canvassing and real-world networking to land clientsWhy personal branding is more important than ever for brokers & investors🎧 Listen now on Spotify, Apple Podcasts, and YouTube!🔗 Resources Mentioned:📚 Millennial Playbook Series by Rafael Collazo:https://www.amazon.com/stores/author/B076P3D7CP🎙️ Commercial Real Estate 101 Podcast:https://open.spotify.com/show/7nBAnFfe0IUJEQ0WpzNlrz?si=695dd9a06ffa4c60🏢 Summit Commercial Group:https://sumcg.com/GET YOUR VIRTUAL EA TOADY:https://www.superpowershq.com/commerciallyspeakingThe Massimo Group: SIGNIFICANTLY AND CONSISTENTLY HIGHER COMMISSIONS ARE WITHIN YOUR REACH:https://www.massimo-group.comSite To Do Business: BUILT TO DELIVER COMMERCIAL REAL ESTATE INSIGHT:https://www.stdb.com/OUR NEWSLETTER:https://subscribe.wgbarron.com/?utm_source=newsletter_share⏰Time Code⏰00:00:00 - Start00:02:07 - Intro00:06:00 - Born in Italy00:07:06 - Pasta Pasta Pasta00:09:04 - From Tupperware to Software00:09:46 - So They Just Dropped You In Louisville?00:10:02 - Began writing books to scratch the entrepreneurial itch00:11:19 - Real Estate Meetup00:12:56 - Breaking Into The Close Guarded CRE Industry00:15:42 - Imposter Syndrome00:16:59 - Expectation vs Reality of a CRE Broker00:19:42 - Why Does It Take That Long To Start Making That CRE Money?00:21:39 - Where do you Get The Deal Flow?00:23:36 - Dig The Well Before You’re Thirsty00:24:59 - Learning Curve of Vetting People00:29:02 - The Boy Who Cried Listing00:30:34 - Find the People Who NEED to sell not WANT to Sell.00:32:01 - Canvassing00:33:46 - Consider Who You’re Talking to00:35:10 - Own Who You Are.00:36:11 - What kind of investing have you done since being in the industry?00:38:40 - Saving time with ChapGPT00:39:40 - The Difference In Mindset Of Brokering vs Investing In A Deal00:41:14 - Buying A Property Step by Step00:44:51 - What is a Phase 1 and Why Bo Thinks You should Always Get One.00:49:04 - How Often Should You Do The Phase 2 If it’s called for?00:52:56 - Breaking Down The $40k Soft Cost00:56:58 - Explaining to Timmy What a Joint Venture Structure is00:58:44 - How To Open Up Your Own Brokerage Company01:03:06 - Starting A CRE Podcast (Commercial Real Estate 101)01:07:28 - Generating Deals On LinkedIN📒Show Notes📒🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:https://subscribe.wgbarron.com/?utm_source=newsletter_shareBo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.For all CRE inquiries visithttp://www.barroncommercial.comTimmy is an actor, comedian, writer and host: @timmybarronhttps://youtu.be/ICoIAHSZvgASUBSCRIBE and LISTEN to Commercially Speaking Here:Youtube:www.youtube.com/@CommerciallySpeakingApple:https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330Instagram:https://www.instagram.com/commerciallyspeaking/Tiktok:https://www.tiktok.com/@commerciallyspeaking
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Feb 3, 2025 • 1h 14min

AI Agents Are Taking Over: How to Use AI to Automate Your CRE Business – with Michael Hironimus, CCIM

AI is evolving faster than ever, and if you’re not keeping up, you’re falling behind. In this episode of Commercially Speaking, Bo and Timmy Barron welcome back AI in CRE expert Michael Hironimus, CCIM, to discuss the game-changing Agenic AI revolution and how it's already transforming commercial real estate. From AI-powered market analysis to fully automated assistants that can schedule calls, scrape data, and even negotiate deals, this episode is packed with insights on how to leverage AI instead of being replaced by it. Key Takeaways: What Agenic AI is and how it’s changing the way we work The future of AI assistants that complete tasks without your input How AI can scrape market data, analyze investments, and manage workflows The ethical concerns of AI agents posing as real people How to start using AI TODAY to gain an edge in commercial real estate 🎧 Don’t get left behind! Listen now on Spotify, Apple Podcasts, or YouTube! Resources Mentioned: Michael’s AI Course: Implementing AI in CRE (Use code CSPod for 10% off!) Follow Michael on X: @Mike_Hironimus GET YOUR VIRTUAL EA TOADY: https://**www.superpowershq.com/commerciallyspeaking The Massimo Group: SIGNIFICANTLY AND CONSISTENTLY HIGHER COMMISSIONS ARE WITHIN YOUR REACH: https://www.massimo-group.com Site To Do Business: BUILT TO DELIVER COMMERCIAL REAL ESTATE INSIGHT: https://www.stdb.com/ OUR NEWSLETTER : https://subscribe.wgbarron.com/?utm_source=newsletter_share 02:19 Introduction to AI in Commercial Real Estate 05:30 Exploring AI Tools for Real Estate 08:23 Practical Applications of Notebook LM 11:18 Interactive Features of AI Tools 14:19 The Slow Adoption of AI in Real Estate 17:22 Teasing New Developments in AI 20:23 Using AI for Market Research 23:24 Creative Uses of AI in Real Estate 26:23 The Importance of Input Quality in AI Outputs 29:07 Exploring AI Image Generation Tools 30:16 The Rise of Agenic AI 31:06 Understanding Agenic AI and Its Applications 36:20 The Future of AI in Real Estate 41:06 Ethical Implications of AI Agents 48:21 Trusting AI: The Human Element 54:27 The Value of Human Connection in an AI World 57:58 The Future of Medical Technology 59:20 Exploring Google Gemini for Market Research 01:05:20 Real-Time AI Interaction and Data Extraction 01:10:24 AI in Commercial Real Estate: Courses and Resources 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host: @timmybarron https://youtu.be/ICoIAHSZvgA
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Jan 27, 2025 • 1h 13min

From Deals to Day Drinking: A New Way to Set CRE Goals - with Renè Nelson, CCIM

Ready to break barriers and succeed in commercial real estate? In this inspiring episode of Commercially Speaking, Bo and Timmy Barron sit down with Renè Nelson, CCIM, to explore her journey from mortgage lending to becoming a multifamily specialist and commercial real estate trailblazer. Renè shares her insights on mastering the multifamily market, empowering women to step into CRE, and setting bold goals (like her famous bingo card goals for 2025). Whether you’re an aspiring investor, broker, or looking to shake up your career, this episode is packed with actionable advice and laughter. Key Takeaways: The challenges and opportunities for women in commercial real estate How to transition from residential to commercial brokerage The importance of CCIM education for real estate professionals Bold ways to set and achieve personal and professional goals 🎧 Don’t miss this candid and inspiring episode! Listen now on Spotify, Apple Podcasts, or YouTube. Resources Mentioned: Eliminate The Suck with an Executive Assistant: https://superpowershq.com/ Renè’s Book: They’re Gone: The Survivor’s Guide to Real Estate https://www.amazon.com/Theyre-Gone-Survivors-Protect-Estate-ebook/dp/B01EKF9BNC Learn about CCIM: ccim.com Connect with Renee: 1031guru.com 00:00:00 - Start 00:05:31 - Lender for 20 Years 00:08:35 - $1,000,000 Club 00:11:18 - Family first 00:12:54 - Jazzercise or Dog Walker 00:14:11 - Empowering Women 00:16:19 - If you’re a Residential Agent there is a path to Commercial (Learn it to Earn it) 00:19:56 - CCIM Scholarships 00:22:51 - I did not want to be “Bob’s Wife” 00:25:00 - Executive Assistant or Easy Access? Superpowerhq.com/commerciallyspeaking 00:32:12 - 2025 Bingo Card 00:35:46 - Fail 5 Times A Month 00:38:27 - Get In A Bar Fight 00:41:05 - Day Drink In A Kiddie Pool/ Fire A Client 00:43:11 - 2 Simple Things to Slow Down The Hamster Wheel Of CRE 00:45:59 - Watch A Meteor Shower 00:46:30 - Meditate For 30 Days 00:48:21 - Advice for Investing In Multi-Family 00:54:18 - Timmy Impresses His Dad 00:55:50 - Advice For Women Investors 00:59:09 - Advice For Women Brokers 01:00:50 - Pop Quiz 01:06:39 - A Better Way Of Setting Goals 01:08:41 - Timmy’s Secret Game with Isaac Grant
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Jan 20, 2025 • 58min

Simplifying CRE Investing: Hearthstone's Vision for WEALTH and IMPACT – Brad Ahrens & Rob Powell

What if you could invest in commercial real estate without the stress of managing properties or navigating complex markets? In this episode of Commercially Speaking, Bo and Timmy Barron welcome Brad Ahrens and Rob Powell, partners at Hearthstone Capital, to unveil a revolutionary approach to CRE investing that’s as simple as it is impactful. From the creation of Hearthstone to the launch of their second fund, Brad and Rob share how they’re transforming the investment experience—combining transparency, expert analysis, and social impact to deliver meaningful returns. Key Takeaways: How Hearthstone simplifies CRE investing for high-net-worth individuals The unique mission behind Fund Two: blending profitability with social good Why partnering with top-tier operators is the key to success Insights into current market opportunities and trends 🎧 Discover how you can invest confidently and make a difference! Listen now on Spotify, Apple Podcasts, or YouTube. Resources Mentioned: Learn more and register as an investor: https://hearthstonecre.com/ Connect as an operator: https://hearthstonecre.com/contact-us/# CRE Investor Coach: https://creinvestorcoach.com/ 10X your time and productivity: https://superpowershq.com/ ⏰Time Code⏰ 00:00 - Start 03:29 - Rob Powell 08:33 - Brad Ahrens 11:19 - Hearthstone Capital 13:44 - A Fund To Make The World A Better Place 16:26 - Fund 1 18:27 - Fund 2 21:06 - Registering As An Investor 23:14 - Our Money Is Where Our Mouth It 25:09 - The Complexities Of Owning CRE 26:55 - Profiling The Ideal Investor 28:49 - The Investors Dilemma 34:04 - Is There Ever A Right Time? 35:39 - Registering Does What? 37:27 - The Fund Managers are Available Anytime 38:01 - Calling All Operators! 39:13 - An Example Of A Great Operator 45:19 - Full Transparency 47:50 - The Balance Of The Group 52:13 - I’ve Never Met Someone Who Did NOT Want To Invest 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host: @timmybarron https://youtu.be/ICoIAHSZvgA
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Jan 13, 2025 • 1h 17min

From $0 to CRE Millions: Beth Azor’s Secrets to Success

How do you turn fearless canvassing into a multi-million-dollar real estate portfolio? In this episode of Commercially Speaking, Bo and Timmy Barron sit down with Beth Azor, the “Canvassing Queen,” to explore her remarkable journey in commercial real estate. Beth shares her secrets to prospecting success, breaking gender barriers in the CRE industry, and building wealth as an investor. With decades of experience as a leasing agent, property owner, and mentor, Beth delivers invaluable advice for brokers, landlords, and aspiring investors alike. Key Takeaways: How to master canvassing to fill vacancies and increase property value Why women are underrepresented in CRE investing and how to change it Lessons learned from Beth’s first deal and her rise to industry legend The power of networking, resilience, and creativity in real estate 🎧 Listen now on Spotify, Apple Podcasts, or YouTube for this inspiring conversation with a true CRE trailblazer! Resources Mentioned: Learn more about Beth’s workshops: azoracademy.com Women Investor Wednesdays Podcast: Available Here **GET YOUR VIRTUAL EA TOADY: https://**www.superpowershq.com/commerciallyspeaking The Massimo Group: SIGNIFICANTLY AND CONSISTENTLY HIGHER COMMISSIONS ARE WITHIN YOUR REACH: https://www.massimo-group.com Site To Do Business: BUILT TO DELIVER COMMERCIAL REAL ESTATE INSIGHT: https://www.stdb.com/ OUR NEWSLETTER : https://subscribe.wgbarron.com/?utm_source=newsletter_share 00:00:00 - Start 00:02:59 - Beth Azor, The Canvassing Queen 00:07:07 - Beth’s 1st Deal 00:10:22 - Whatever You Know, Things Can Change 00:11:38 - Read The Documents 00:14:17 - Give It Up For $1,000,000? 00:19:00 - Don’t Say No For The Prospect 00:19:55 - Women Investor Wednesdays 00:22:30 - The REAL Reason Women Don’t Invest 00:24:42 - Other Reasons Women Don’t Invest 00:27:03 - Women’s Real Estate Summit {(https://www.azoracademy.com/) 00:29:39 - What Should The Men Know? 00:35:08 - Using Your Social Capital 00:36:05 - Start Talking About Money! 00:41:50 - Canvassing Secrets 00:44:45 - Never Ask For The Owner! 00:46:30 - Boots On The Ground While Sliding Into The DMs 00:50:43 - Get Straight To The Point 00:54:12 - Can You Teach Fearlessness? 00:58:58 - Let’s Not Gloss Over It Works 01:01:39 - Alex and Mario 01:06:48 - Hijos 01:08:28 - Pop Quiz
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Dec 30, 2024 • 1h 12min

AI in CRE: How Technology is Transforming Real Estate Analysis and Strategy – [REPLAY]

Michael Hieronymus, founder of Duck Ridge Realty, dives into how AI is revolutionizing commercial real estate analysis and strategy. He discusses tools like Perplexity and Agent.AI that are transforming market analysis and workflow automation. Michael emphasizes the Rhodes framework for effective AI prompting and the benefits of using AI in lease abstraction and underwriting. He also touches on the potential of tokenization and blockchain technology in reshaping asset management. Get ready for innovative insights that could change the way you approach real estate!
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Dec 23, 2024 • 1h 32min

Unlocking the Power of 1031 Exchanges: Save Taxes, Build Wealth - with 1031 BROKER JAMES BEAN

**GET YOUR VIRTUAL EA TOADY: https://**www.superpowershq.com/commerciallyspeaking The Massimo Group: SIGNIFICANTLY AND CONSISTENTLY HIGHER COMMISSIONS ARE WITHIN YOUR REACH: https://www.massimo-group.com Site To Do Business: BUILT TO DELIVER COMMERCIAL REAL ESTATE INSIGHT: https://www.stdb.com/ OUR NEWSLETTER : https://subscribe.wgbarron.com/?utm_source=newsletter_share Thinking about selling an investment property but worried about hefty taxes? In this episode of Commercially Speaking, Bo and Timmy Barron are joined by 1031 Exchange expert James Bean to demystify one of the most powerful tools in commercial real estate. James breaks down the essentials of 1031 tax-deferred exchanges, how they work, and why they’re a game-changer for real estate investors looking to defer taxes and grow their wealth. From key rules to common myths, this episode is packed with insights to help you make smarter investment decisions. Key Takeaways: The 5 essential rules of a successful 1031 Exchange How to identify properties within the 45-day timeline The difference between like-kind exchanges and other strategies Creative ways to build multi-generational wealth using 1031s 🎧 Don’t miss this deep dive into a cornerstone of real estate investing! Listen now on Spotify, Apple Podcasts, or YouTube. Resources Mentioned in the Episode: Jame’s YouTube Channel: Best 1031 Online Jame’s website: https://www.best1031online.com Jame’s Phone (805)-779-1031 RSVP to our LIVE Ai Episode with Michael Hironimus via youtube: https://www.youtube.com/live/D7_SSfIRCn8 The link to call in during the LIVE Ai Episode: https://riverside.fm/studio/timmy-barrons-studio?t=760b365c65f49c6b8ba8 00:00:00 - Start 00:04:36 - Welcome! 00:13:35 - Becoming an expert in 1031 Tax Deferred Exchanges? 00:15:23 - The Net Lease World 00:19:11 - 1031 Information Gap 00:21:18 - 1031 101 00:22:44 - The 3 Identification Rules 00:27:41 - 5 Main Rules of the 1031 00:28:28 - 1. Equal To or Greater Than 00:29:32 - 2. You must use a QI (Accommodator) 00:34:27 - 3. Like Kind 00:37:21 - 4. 45 Days to Identify 00:38:34 - 5. 180 Days To Close 00:40:01 - Here’s How Powerful a 1031 is! (Let’s Do The Math) 00:44:04 - Multigenerational Wealth with a 1031 00:54:09 - For The Brokers Listening 00:57:25 - Do it Right Or Pay The Price 00:59:37 - Timmy’s Duke Joke 01:01:52 - 1031 Fails 01:04:49 - Identifying A Property 01:06:37 - Replacing Debt 01:10:28 - 1031 and Tax Season 01:12:43 - Never Assume Your Broker, Attorney or CPA Understands 1031 01:17:06 - How To Connect With 1031 Broker James 01:18:47 - Pop Quiz 01:25:59 - 1031 Broker James presents Bo-isms 01:27:28 - Listener Shoutouts 📒Show Notes📒 🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/?utm_source=newsletter_share SUBSCRIBE and LISTEN to Commercially Speaking Here: Youtube: www.youtube.com/@CommerciallySpeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking 📲 Connect with us: Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host: @timmybarron https://youtu.be/ICoIAHSZvgA

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