253: Recession-Resistant Investing & the Benefits of Buying Shopping Centers with David Puchi 01:12:56

    <p>Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is <strong>David Puchi</strong>, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed.</p><p>In This Episode We Cover:</p><ul>

Links from the Show

• BiggerPockets Forums
• BiggerPockets Marketplace
• BiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!

Books Mentioned in this Show

• The Book on Rental Property Investing by Brandon Turner

Fire Round Questions

• I am planning to build a 10~12K sqft strip with 6 units, which type of business will be well fit?
• What is protocol for charging and collecting overdue rent?
• How to lease retail store to franchise
• How to determine value of a commercial property w/ no list price?
• Adding appreciation to a commercial property
• Are current tenants a big factor in the sellability?

Tweetable Topics:

• “Having reasonable leverage makes more sense than over leverage.” (Tweet This!)
• “Basic property management experience is a great launching pad in owning commercial properties.” (Tweet This!)
• “You can’t rely on the market to force appreciation.” (Tweet This!)

Connect with David

• David’s Company Website

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