In this episode, I feel with Hamza Ali, a Flexspace developer who has a portfolio of $ 370 million+ in one of the most underestimated corners of commercial real estate.
Originally from Dubai, Hamza moved to the United States less than a decade ago and forged a niche in industrial real estate Flex, a class of assets that most investors do not yet understand. In fact, Hamza played a key role in the popular area the term “flexspace” itself.
We immerse ourselves deeply in how you choose sites, avoid bad businesses, maximize the ROI and why it is going from selling Flexspace to keep it for cash flow. If you have ever considered the commercial farm but did not want to deal with huge complexes of massive apartments or warehouses, Flexspace could be exactly what you are looking for.
You will also listen to Hamza’s ideas about design errors, lease strategies, fire code rules, tenant types and how to prove demand in your market with Facebook ads before building.
If you take the construction of a long -term wealth with a class of high performance and low maintenance assets, this episode is a must.
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In this episode, you will:
- Discover the construction formula “16-21-16” for flexible spaces, which maximizes functionality while avoiding unnecessary expenses
- Understand the profit margin rule of $ 70 per square foot: the minimum viable margin for the success of development.
- Selection of the master site using the 45 -minute rule in the selection of commercial real estate sites
- Learn to prove market demand before building using Facebook ads and measure the genuine interest of tenants
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About the author
Seth Williams is the founder of Retipster.com, an online community that offers real world guidance for real estate investors.
