337: The Ins and Outs of Industrial Real Estate with Joel Friedland
Anyone that’s been following the podcast will know I’ve released many episodes on multifamily real estate. But today, we’re changing things up a bit and talking about the other darling asset of this COVID era, industrial real estate.
Joining me for this conversation is my friend and the founder of Brit properties, Joel Friedland. Joel became an industrial investor at age 31 and now holds hundreds of millions of dollars in industrial assets. He’s acquired 95 properties in the Chicago area since 1989, debt-free, and achieved 8% annual passive income with a targeted 14% IRR.
In this episode, you’ll learn about his all-cash, no-debt strategy and how to renew industrial buildings. You’ll also hear some sage advice from his tremendous career in the field.
He also takes the time to walk us through how an entrepreneur who got funding on Shark Tank became one of his main clients and how to map out investment strategies when great opportunities come your way. I know you’re going to love this interview. Enjoy!
Key Takeaways with Joel Friedland
- How Joel landed Shark Tank alumni Jonathan Miller as a client.
- How Joel structures industrial deals for limited partners and passive investors.
- What Joel does to create win-win situations for his investors and his tenants.
- What to look for as you consider buying your first industrial building.
- Joel’s four key takeaways for anyone looking to invest in industrial real estate.
- Why Joel thinks so many real estate entrepreneurs are compulsive gamblers–and why it’s so important not to get in over your head.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/337
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