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b'What are some key strategies for creating value in the industrial real estate space?\\n\\xa0\\nIn this episode, Shannon Robnett dives into the world of industrial real estate investing. He explains what industrial properties are, how to create value through development, and the common misconceptions surrounding the industrial space. He touches on American manufacturing and industrial space usage, which is not as declining as many think. Shannon emphasizes the importance of never giving up and suggests looking into major brokers for more information on industrial real estate investments.\\n\\xa0\\nThis episode is a must-listen if you want to learn more about building passive wealth with industrial real estate investing!\\n\\xa0\\n[00:01 - 07:19] Opening Segment\\n\\u2022 How industrial real estate investing is a unique asset class that is all around us\\nShannon explains how industrial deals are different from multifamily deals\\n\\u2022 Adding value to an industrial deal involves raising rents or building a new property\\n\\u2022 Rents in industrial deals are paid differently than in multifamily deals\\n\\xa0\\n[07:20 - 14:58] Industrial Real Estate Investing in Changing Market Conditions\\n\\u2022 Industrial properties have triple net leases\\nThe tenant pays for rent, property taxes, insurance, maintenance, and repairs\\n\\u2022 What creates a stable cash flow stream\\n\\u2022 Industrial properties trade at a 1.5-2% higher cap rate than other asset classes.\\n\\xa0\\n[14:59 - 22:37] Exploring Opportunities in Commercial Real Estate\\n\\u2022 How to properly underwrite deals and take advantage of market changes\\n\\u2022 Cap rates will continue to expand, and prices will soften\\n\\u2022 Market is still strong due to solid demand and shifting demand into areas with less product\\n\\u2022 Industrial real estate sector is slower than multifamily but has higher cap rates and more protection\\n\\xa0\\n[22:38 - 30:09] Closing Segment\\n\\u2022 Best investment: Being important to important people\\n\\u2022 Worst investment: Quick deal in a tertiary market without proper due diligence\\n\\u2022 Most important lesson: Keep going and create a repeatable process for learning and investing\\n\\xa0\\n\\xa0\\nQuotes:\\n\\xa0\\n"Some of the main things that really make industrial different than multifamily is how the rents are paid." - Shannon Robnett\\n\\xa0\\n"Real estate is never a short game. It\'s a long game. It\'s not a get-rich-quick." - Shannon Robnett\\n\\xa0\\n"Be important to important people, but also look for opportunities to level up your importance to important people." - Shannon Robnett\\n\\xa0\\n\\xa0\\nConnect with Shannon:\\n\\xa0\\nWebsite:\\xa0https://shannonrobnett.com/\\n\\xa0\\n\\xa0\\nApply to Invest with Taylor at\\xa0www.investwithtaylor.com\\n\\xa0\\nTrack your wealth for free with Personal Capital, go to\\xa0www.escapingwallstreet.com\\n\\xa0\\nPlease leave a review and help others escape Wall Street and build wealth on Main Street!'