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On this episode of the Passive Income Playbook, Pascal Wagner interviews Joel Friedland, a veteran industrial real estate investor and founder of Brit Properties. Joel shares his journey from cold-calling tenant leads in the 1980s to building a 100+ property portfolio—all purchased without using debt. He explains the appeal and stability of Class B industrial buildings in the Chicago market, his strategy of selling to users rather than investors for premium pricing, and the importance of investing with operators who prioritize safety and long-term thinking. Joel also offers a grounded take on reshoring trends, cautioning that labor shortages—not tariffs—will be the limiting factor for a U.S. manufacturing boom. Joel Friedland Current role: Founder of Brit Properties Based in: Chicago, Illinois Say hi to them at: www.britproperties.com Get a 4-week trial, free postage, and a digital scale at https://www.stamps.com/cre. Thanks to Stamps.com for sponsoring the show! Post your job for free at https://www.linkedin.com/BRE. Terms and conditions apply. Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Joel Friedland is one of my favorite people in the industrial real estate market. I was pleased to have interviewed him a couple years ago and we were well overdue for a follow up interview. In this captivating interview Joel provides a ton of insights into the state of the market! About Joel: Joel has a 42 year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales, totaling over $2 billion in transactions. His greatest accomplishment is maintaining valued relationships with brokers, tenants and investors spanning five decades. He does fully syndicated deals with 0% debt, an unheard of approach in real estate which caters to his wealthy investor base primarily concerned with conservation of principal. His experiences during the Great Recession in 2008 have informed his investment approach to be hyper-conservative while still allowing an ~8% cash return, plus upside, for his investors. Joel attended the University of Michigan. He enjoys playing golf and spending time with his family, particularly his three young grandchildren. Connect with Joel: (847) 345-5534 joel@britproperties.com LinkedIn: https://www.linkedin.com/in/joel-friedland-sior-5508a791 Website: https://britproperties.com/ --
Industrial real estate is a key part of the property market that encompasses a variety of spaces used for industrial activities, such as manufacturing, production, distribution, and storage. Unlike commercial or residential real estate, industrial properties are often located outside urban centers, typically in designated industrial zones. These properties are highly sought after due to their potential for high returns and lower operational costs, making them a valuable asset in an investor's portfolio. Joel Friedland is an accomplished real estate professional who co-founded Epic/Savage Realty Partners in 1991 and is the Principal at Brit Properties. There, he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. With experience optimizing industrial real estate investments and marketing strategies, Joel discusses the unique challenges and opportunities in the industrial sector. Today, Joel shares actionable advice to minimize investment risks, navigate market fluctuations, and build long-term relationships in the industry. Resources Brit Properties Website Joel Friedland on LinkedIn Brit Properties on Facebook
Joel has a 42 year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales, totaling over $250 million in acquisitions. His greatest accomplishment is maintaining valued relationships with brokers, tenants and investors spanning five decades.. Joel Friedland is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Joel Friedland? Reach out at www.britproperties.com.Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes. ************************************************************************ GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/ WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow ************************************************************************ ABOUT THE REAL ESTATE INVESTING CLUB SHOW Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REI course at https://www.therealestateinvestingclub.com. #realestateinvesting #passiveincome #realestate Interested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the Show.
In this fascinating episode of Rethink Real Estate, host Ben Brady welcomes Joel Friedland, a veteran with over four decades of experience in the industrial real estate sector. Joel, who co-founded Epic/Savage Realty Partners and later started Brit Properties, shares his comprehensive insights into what he calls "The Playground for the Wealthy" - the industrial real estate market. Joel discusses the intricacies and unique opportunities within industrial real estate, contrasting it with the residential market to highlight how it operates under a different set of rules and potentials for growth. Whether you're a seasoned investor or new to the world of real estate, Joel's perspective offers a rare glimpse into an often-overlooked sector that has been pivotal for many high-net-worth individuals and companies.
Joel's story is genuinely remarkable. He began his entrepreneurial journey at the age of 14, running a landscaping business where he convinced 70 families in one weekend to allow him to manage their landscaping, and hired 40 other high school and junior high students to manage the workload. Eventually, he started his own brokerage firm which grew to manage over twenty brokers. Over the last 40 years, Joel has been involved in nearly 100 acquisitions, totaling around 3 million square feet, and has raised over $250 million in private capital. Today, he focuses on low-risk, cash-flow-centric investments and manages an industrial portfolio of 18 buildings. Joel's experience and the lessons he's learned, especially during the Great Recession of 2008, provide a unique perspective on real estate investment. His shift towards conservative (all cash, no mortgage!) investments and a cash-flow-first approach is particularly relevant in today's market. His insights can resonate with your audience, especially those interested in real estate, finance, and prudent investment strategies. What You Will Learn: Who is Joel Friedland? Where did he start and what took him to the real estate industry? Joel shares his process in investing. Find a great building with a good location for manufacturers where they can get good labor and they can get their trucks in and out to get the products that they manufacture. Industrial buildings must have great parking. Raising money is hard work. Where did they get the name of their company? Who is Steve Podowski? Joel shares how everyone can contact him. Additional Resources from Joel Friedland: Website: http://britproperties.com/ Phone: +1 (847) 345-5534 Email: joel@britproperties.com LinkedIn: https://www.linkedin.com/company/11769890/ Facebook: https://www.facebook.com/people/Brit-Properties/100064703481200/ Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW! Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg
Joel Friedland, Founder of Brit Properties, joins us to discuss moving from industrial brokerage in Chicago to syndicating his own deals. We discuss highs, lows, and invaluable insights gathered from his four-decade-long career journey. From his team dynamics to navigating current market conditions, Joel shares his debt-free investment philosophy and a wealth of additional topics. […] The post The DJE Podcast #258 with Joel Friedland first appeared on DJE Texas Management Group.
Unlock the secrets of industrial real estate and learn how trust can elevate your investment game with Joel Friedland of Brit Properties. Joel's tale is more than just transactional tales from the property line; it's a master class in the relationship-driven world of real estate syndication. From a tenacious young graduate to a seasoned pro, Joel candidly shares his journey, the role of serendipity and sweat equity, and the delicate dance of turning a no into a yes. His early leap into ownership at 29, armed with equal parts naivety and nerve, offers a playbook for ambitious entrepreneurs itching to lay their foundation in the industry.Step into the art of conversation with strategies that turn monologues into meaningful connections. Joel and I dissect the power of listening, leaning on the WAIT principle ("Why Am I Talking?") to enrich interactions and solidify investor trust. This isn't just chatter about communication; it's an exploration into the genuine curiosity that builds lasting bonds and opens wallets. We share stories that highlight the nuance of understanding, from a principled investment decision to the daily grind of negotiating with unbending bureaucracies, proving that a good listener is worth their square footage in gold.The episode wraps with an analytical look at commercial real estate's shifting tides amidst the pandemic, where industrial spaces have outshone their commercial cousins. We navigate the nuances of tenant operations, the importance of market size over location, and the strategic selection of properties to minimize vacancy risks. Additionally, Joel imparts wisdom on the development side, from dealing with the snail's pace of sales cycles to the thrill of transforming neighborhoods. Every anecdote and insight from this discussion with Joel serves as a beacon for navigating the unpredictable seas of real estate investment.https://britproperties.com/about/our-team/Highlight Timestamps(03:21 - 04:12) From Broker to Real Estate Syndicator (51 Seconds)(10:14 - 11:29) Investor Values Experience Over Perfect Record (75 Seconds)(17:22 - 18:52) Gate Incident Teaches Patience (90 Seconds)(24:58 - 26:30) Rise of Industrial Real Estate (92 Seconds)(32:08 - 33:06) Dealing With Tough Investors (58 Seconds)(38:02 - 38:38) Decline of Small Building Development (36 Seconds)(39:38 - 42:30) Qualifying Investors for Syndication Deals (172 Seconds)(44:16 - 45:56) Investing in Industrial Real Estate Market (99 Seconds)Chapter Timestamps(00:04) - Industrial Real Estate Syndication Success(11:27) - Importance of Listening in Communication(24:58) - Industrial Real Estate During the Pandemic(39:38) - Qualifying Investors for Industrial Real Estate(45:56) - Commercial Real Estate Investing and DevelopmentIndustrial Real Estate, Trust, Investment, Syndication, Relationship-driven, Property, Entrepreneur, Communication, Listening, Pandemic, Market, Tenant, Development, Qualifying, Investors, Commercial Real Estate, Risk, Mentorship, Neighborhood, Undervalued
In this episode, Jonathan talks with Joel Friedland of Brit Properties. Joel invests in small, Class B industrial properties in Chicago, Illinois. The two discuss how the Great Financial Crisis shaped Joel's investing, why Joel does most deals with zero debt, and why you might just meet your next passive investor at the cleaners. Joel has a 42 year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties.As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales, totaling over $2 billion in brokerage volume and $250 million in acquisitions. His greatest accomplishment is maintaining valued relationships with brokers, tenants and investors spanning five decades. He does fully syndicated deals, often with 0% debt, an unheard of approach in real estate which caters to his wealthy investor base primarily concerned with conservation of principal. Connect with Joel:https://britproperties.com/TakeawaysAvoid excessive debt and prioritize conservative investment strategies.Focus on zero debt deals to minimize risk and ensure investor safety.Invest in single tenant industrial properties for their desirability and simplicity of management.Build relationships with high net worth individuals through networking and genuine care.Consider the potential for user sales when investing in properties. Cold calling and networking are effective methods for finding deals in the industrial real estate market.Intimate market knowledge is crucial for evaluating deals and understanding market rent and demand.Learning from bad deals is important, and it's essential to stick with what you know and avoid risky ventures.Networking with brokers and owners is a key strategy for finding deals in the real estate industry.Chapters00:00Introduction and Background02:19The Great Financial Crisis and Investment Strategy08:16Brit Properties and Ideal Deals12:30Recovering from the Financial Crisis16:56The Zero Debt Strategy23:20Investor Expectations and Risk Aversion29:45Single Tenant vs. Multi-Tenant Industrial Properties35:21Deal Analysis: Chicago River Property43:22Investing in Cook County, Illinois47:10Networking with High Net Worth Individuals50:39Best Deal Ever: Keebler Cookie Company Building52:13Buying Vacant Properties and Finding Tenants52:31Support the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.
How can real estate investing risks be decreased and managed effectively? In this episode, Adam Torres and Joel Friedland, Founder/CEO/Principal at Brit Properties, explore the Brit Properties brand of real estate investing and approach. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be a guest on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/Support the showMore FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia
How can real estate investing risks be decreased and managed effectively? In this episode, Adam Torres and Joel Friedland, Founder/CEO/Principal at Brit Properties, explore the Brit Properties brand of real estate investing and approach. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be a guest on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia
Key Takeaways Industrial is the backbone of our country, really of the world. Everything is made in an industrial building. Companies are coming back. It's called onshoring or reshoring where what they used to do overseas; they now need to do locally. Real estate is a leveraged business for the most part. You've got to have your back office. In my case, I've got two guys in my back accounting office that have been with me for 20 years. Timeline [02:24] Intro to episode guest [03:41] One word that describes Joel personally and professionally. [06:220] Provide a brief overview of your background, detailing your journey over the years, from your initial steps to your current role at Brit Properties. [15:50] Do you just own your buildings and take care of all the maintenance and issues or are your tenants triple net tenants? [20:04] So we have said that real estate's a leveraged business. Isn't your IRR or your return to your investors higher with debt on the property than it is when you're all cash? [30:35] Let's discuss the real estate market briefly. Given that 2023 hasn't been an ideal year for real estate purchases, what has been your experience, and what are your insights on where the markets are headed in the next 12 to 24 months? Contact Email: joel@britproperties.com
In this episode of The Very Real Estate Effect, Axel Monsaingeon dives deep into the world of industrial real estate with Joel Friedland, founder of Brit Properties. Joel's journey from an accidental entry into real estate to founding a successful real estate syndication firm is a captivating story of mentorship and seizing opportunities. Joel's emphasis on capital preservation shines through as he shares his strategy of all-cash deals and the importance of minimizing risk in real estate investments. The conversation delves into the complexities of lease terms, tenant negotiations, and the potential for rent increases, providing valuable insights for investors. Gain a unique perspective on industrial real estate and its challenges and rewards, as Axel and Joel explore the nuances of this asset class. From due diligence to subject-to-lease purchases, this episode offers a wealth of knowledge for both novice and experienced real estate enthusiasts. Tune in for an engaging discussion that uncovers the secrets of success in industrial real estate and leaves you eager to explore this dynamic field further. Don't miss this episode packed with insights and expertise from a seasoned industry pro. What you'll learn from this episode: Joel Friedland's journey into real estate and entrepreneurship. The vital role of mentorship in Joel's career. Strategies for capital preservation and risk mitigation in real estate. Insights into the complexities and opportunities in industrial real estate. Negotiation techniques that impact investment returns. The due diligence process and subject-to-lease purchases in acquiring industrial properties. Access to valuable real estate education resources on Brit Properties' website. SUPPORT US ON PATREON! patreon.com/realestateeffect and become a part of our real estate family! You'll get access to exclusive content, monthly virtual meetings [Ask me anything!], special events and more! And please subscribe to the show, share it with a friend and send us feedback. Visit www.realestateeffect.ca and follow me on IG @monsaxel Timestamps
Join co-hosts Richard Coyne & Bill Zahller as they interview guests who left successful careers to pursue a different path on the Road Less Traveled Show! In this episode, we spend time with Joel Friedland! Joel is a commercial Real Estate broker that specializes in industrial space. After working as a broker for several years, Joel realized that the path to wealth in not just making a commission on a sale but by being the actual owner of the property. Since then, Joel has acquired many industrial properties and does so often without debt. A bit more about Joel: Joel has a 42-year track record in industrial real estate. Joel co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. Joel's group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales, totaling over $2 billion in brokerage volume and $250 million in acquisitions. Joel's greatest accomplishment is maintaining valued relationships with brokers, tenants, and investors spanning five decades. Joel does fully syndicated deals, often with 0% debt, an unheard-of approach in real estate that caters to his wealthy investor base primarily concerned with the conservation of principal. Joel's experiences during the Great Recession in 2008 shaped his investment approach to be hyper-conservative while still allowing an ~8% cash return, plus upside, for his investors. Joel attended the University of Michigan. He enjoys playing golf and spending time with his family, particularly his 3 young grandchildren. Contact Joel: Email: joel@britproperties.com Website: britproperties.com LinkedIn: linkedin.com/in/joel-friedland-sior-5508a791/ Contact Bill Zahller Phone: 828-275-5035 Email: Bill@ParkCapitalPartnersLLC.com LinkedIn: linkedin.com/in/billzahller Contact Richard Coyne Phone: 404-245-9732 Email: Richard@ParkCapitalPartnersLLC.com LinkedIn: linkedin.com/in/richardjcoyne If you would like to learn more about: How Park Capital Partners connects investors with passive income-generating opportunities through real estate, Our Park Capital Value-Add Fund (a 506c fund), Our latest multifamily acquisitions, or The Park Capital Partners Foundation, Inc. (a 501(c)3 non-profit). Please contact Park Capital Partners LLC in the following ways: Website: ParkCapitalPartnersLLC.com Email us: info@ParkCapitalPartnersLLC.com Facebook: https://www.facebook.com/ParkCapitalPartners/ Linkedin: https://www.linkedin.com/company/park-capital-partners-llc/ Music by Aliaksei Yukhnevich/Jamendo. Audio and Video Production by Kerry Webb of KLAW Machine Media. If you would like to be a guest on our show and have a “path change” story, please reach out to Richard at Richard@ParkCapitalPartnersLLC.com. We would love to chat with you!
The 2008 real estate crash significantly impacted investors of all types. For some, it completely changed how they approach real estate investing, leading to a more mindful and methodical strategy. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Joel Friedland, the co-founder of Brit Properties in Des Plaines, Illinois. Joel is an industrial real estate broker and has secured over 2,000 industrial property leases and sales totaling more than $250 million in acquisitions. He has over four decades of experience with industrial real estate. Jonathan and Joel begin their conversation by exploring Joel's early exposure to real estate and how he ultimately landed in real estate after college. You'll hear why he chose industrial assets instead of residential or commercial, what led him to his mindful approach to investing, and why he pays cash for his investment properties. Joel explains how he combats the urge to jump on a good deal before doing his due diligence, how the usage of industrial properties has changed over the past few decades, the importance of self-awareness, honesty, and mental health as an investor, and the versatility of this particular asset class. Whether you're already an experienced investor or a new one looking for the right assets to add to your portfolio, Joel's incredible breadth of knowledge about industrial property could help you decide if this is the one you've been looking for. In this episode, you will hear: Joel Friedland's take on the current state of industrial real estate The impact Bob Vila's show “This Old House” had on Joel's interest in real estate and how he ultimately landed in industrial real estate His experience during the 2008 real estate crash and why he believes real estate investors can become compulsive gamblers unknowingly Joel's mindful approach to shifting his approach to investing, including meditation, therapy, and a 12-step recovery program The difficulties of paying cash for your properties and why it impedes him from becoming a collector The dopamine hit that drives a gambling addict Combatting the urge to jump on what looks like a good deal on the surface with due diligence Why cash purchases will never produce as good of an internal rate of return (IRR) as a leveraged property The changes in the use of industrial properties over the past few decades Placing priority on relationships, especially with investors Joel's advice for investors interested in switching from residential to industrial and the biggest risk they face The importance of self-awareness, honesty, and mental health in real estate Industrial real estate's versatility and cost compared to other asset classes The increasing use of industrial property as a shift away from retail storefronts occurs Joel Friedland's advice for investors who want to pursue industrial real estate Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/103 to download it. Supporting Resources: Brit Properties website - britproperties.com Brit Properties on YouTube - www.youtube.com/@britproperties Find Joel Friedland on Instagram - www.instagram.com/investingwithjoel Brit Properties on LinkedIn - www.linkedin.com/company/brit-properties Connect with Joel on LinkedIn - www.linkedin.com/in/joel-friedland-sior-5508a791 Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - https://www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits: If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
In this episode of the AIA podcast, host Alex Perny welcomes Joel Friedland, Principal of Brit Properties, to discuss how to invest in industrial real estate with little to no debt. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at Podcast@AdvantaIRA.com. Learn more about Advanta IRA: https://www.AdvantaIRA.com/ The Alternative Investing Advantage is brought to you by Advanta IRA. Advanta IRA does not offer investment, tax, or legal advice nor do we endorse any products, investments, or companies that offer such advice and/or investments. This includes any investments promoted or discussed during the podcast as neither Advanta IRA nor its employees, have reviewed or vetted any investments, persons, or companies that may discuss their services during this podcast. All parties are strongly encouraged to perform their own due diligence and consult with the appropriate professional(s) before entering into any type of investment.
With over 42 years in industrial real estate, what key lessons has Joel learned about building trust and mitigating risk when the market inevitability shifts? In this episode, veteran industrial real estate professional Joel Friedland shares his decades of wisdom, including how to build trustworthiness with investors, properly assess risk tolerance, and create win-win relationships built to last. With over 2,000 industrial real estate deals under his belt and experience across four major market cycles, Joel provides a unique historical perspective on industrial investing. Joel has a 42 year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales, totaling over $250 million in acquisitions. His greatest accomplishment is maintaining valued relationships with brokers, tenants and investors spanning five decades. He does fully syndicated deals with 0% debt, an unheard-of approach in real estate which caters to his wealthy investor base primarily concerned with conservation of principal. His experiences during the Great Recession in 2008 have informed his investment approach to be hyper-conservative while still allowing an ~8% cash return, plus upside, for his investors. (00:01 - 00:07) Gaining Investor Trust Through Vulnerability Start by openly discussing past mistakes and failures Highlight previous market downturns and how you worked through them Ask investors insightful questions rather than selling (00:07 - 00:13) Mitigating Downside Risk Before Issues Arise Minimize debt exposure whenever possible Conduct comprehensive due diligence on all aspects of a property (00:13 - 00:19) Assessing Risk Tolerance in Shifting Markets Many new investors aren't prepared for decreasing tenant demand It's vital that sponsors properly gauge their own and investors' risk appetites (00:19 - 00:25) Ensuring Alignment Through Shared Experiences Look for operators who show appropriate judgment given market conditions There are no shortcuts for experience; seek out veteran perspectives (00:25 - 00:31) Cultivating Meaningful Relationships for the Long-Term Property investment facilitates rich personal connections Focus on win-win relationships with tenants, partners, and community Book recommendation: Who inspires Joel? : His 96-year-old business partner and friend. Quotes: "How do you trust somebody? They start with their vulnerability." -Joel Friedland "Keep your loved ones close and don't get into fights and wars with people. It's just not worth it." - Joel Friedland Connect with Joel: Website: https://britproperties.com/ Apply to Invest with Taylor at www.investwithtaylor.com Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com Please leave a review and help others escape Wall Street and build wealth on Main Street!
Joel has a 42 year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales, totaling over $2 billion in brokerage volume and $250 million in acquisitions. His greatest accomplishment is maintaining valued relationships with brokers, tenants and investors spanning five decades. He does fully syndicated deals, often with 0% debt, an unheard of approach in real estate which caters to his wealthy investor base primarily concerned with conservation of principal. His experiences during the Great Recession in 2008 have informed his investment approach to be hyper-conservative while still allowing an ~8% cash return, plus upside, for his investors. Joel attended the University of Michigan. He enjoys playing golf and spending time with his family, particularly his 3 young grandchildren.
Meet Joel Friedland, a 42-year veteran in industrial real estate. Co-founder of Epic/Savage Realty Partners, Joel oversaw its growth and eventual acquisition in 2014, leading to the founding of Brit Properties. As an industrial real estate broker, Joel has secured 2,000+ property deals totaling $250 million. His unique approach involves fully syndicated, debt-free deals, delivering an ~8% cash return plus upside for investors. Shaped by experiences in the 2008 recession, Joel maintains a hyper-conservative yet lucrative investment strategy. A University of Michigan alum and avid golfer, Joel balances professional success with family time, cherishing moments with his three young grandchildren. Joel's enduring relationships and innovative strategies exemplify excellence in industrial real estate. To get in contact with Gino, reach out to him here: joel@britproperties.com Instagram: @investingwithjoel YouTube: @britproperties LinkedIn: Brit Properties Keeping it Real Estate is brought to you by Granite Towers Equity Group, helping investors create passive income through multifamily real estate. To get in touch with the founders of Granite Towers, Mike Roeder and Dan Brisse, visit https://www.granitetowersequitygroup.com/contact
Joel is the founder and CEO of Brit properties, an investment firm focused on Industrial real estate investments in the greater Chicago area. One of the unique aspects of Joel's business model is that he uses zero leverage when acquiring assets, which is not something most of us are accustomed to. Joel has a 42 year track record in the industrial real estate field. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. Quote: “I started out as a kid entrepreneur. When I was in my early teens I started a landscape business and I literally went door to door canvassing my neighbors convincing them to let us cut their lawns. I ended up getting 70 lawns in one weekend.” Highlights: 1:25: Joel's background and a more in depth dive into his work 11:15: Learning from Joel's experience of completing his first investment deal 23:45: Joel discusses his “slogans” 32:15: What will affect your industry? Companies going out of business? Guest Website: britproperties.com Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
In today's episode, we chat about industrial real estate investments, featuring insights from expert Joel Friedland, SIOR. Tune in to uncover valuable tips for assessing properties, strategic leasing, and achieving exponential gains. Tap into the potential of industrial real estate right now. Key takeaways to listen for Why showing up is important to succeed in real estate How to underwrite industrial RE leases for bigger returns Qualities aspiring industrial brokers must possess Why it's better to keep industrial properties rather than flip them Advantages of knowing your local market when investing in industrial RE Resources CoStar SIOR The Four Agreements by Don Miguel Ruiz and Janet Mills | Kindle, Paperback, and Hardcover About Joel Friedland, SIOR Joel is an accomplished real estate professional with over a 40-year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991, overseeing the hiring and mentoring of 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014. Joel started Brit Properties, overseeing leasing, sales, and asset management for numerous property investments for investors, including individual investors, trusts, and families. Connect with Joel Website: Brit Properties LinkedIn: Joel Friedland, SIOR Connect with Us Ready to level up your real estate game? Take action now to access exclusive resources, live events, and valuable insights from our experts: 1. BOOK A CALL: Visit our website at www.sendmoreoffers.com to book a call today. Our team of real estate professionals is ready to provide personalized guidance and help you achieve your investment goals. 2. JOIN OUR FREE FACEBOOK GROUP: Don't miss out on exclusive live events, networking opportunities, and valuable discussions. Simply search for "Send More Offers" on Facebook and hit the "Join" button. www.facebook.com/groups/sendmoreoffers 3. SUBSCRIBE TO OUR YOUTUBE CHANNEL: Gain access to full video interviews, expert tips, and in-depth analyses by subscribing to our dynamic YouTube channel. Stay up to date with the latest trends and strategies in real estate investing. Subscribe now at https://www.youtube.com/@sendmoreoffers 4. FOLLOW US ON INSTAGRAM & TIKTOK: Stay connected and motivated by following us Socially! Get daily doses of inspiration, success stories, and valuable insights by following @sendmoreoffers. Join our community and be part of the conversation! Remember, success in real estate investing starts with taking action. Visit our website, join our Facebook group, subscribe to our YouTube channel, and follow us on Instagram today. Let's achieve your real estate goals together!
Episode 185 - this week I discuss the industrial property market with Joel Friedland, an expert based out of the Chicago area in the US. What is notable about Joel's approach is that it is done with all cash and zero debt. Why? Listen in and learn along with a ton of other nuggets. I hope you enjoy… Brit Properties - https://britproperties.com/ Joel Friedland - https://www.linkedin.com/in/joel-friedland-sior-5508a791/ *** Work with Gavin as your mentor - https://www.elitepropertyaccelerator.com/coaching Test your investment readiness - https://eliteproperty.scoreapp.com Join my mastermind - https://www.elitepropertyaccelerator.com Join the tribe - https://www.elitepropertyaccelerator.com/stayintouch BTF YouTube channel – https://youtube.com/@BehindTheFacade *** https://www.linkedin.com/in/gavinjgallagher/ https://www.instagram.com/gavinjgallagher/ https://www.tiktok.com/@gavinjgallagher/ https://twitter.com/gavinjgallagher *** #investment #realestateinvesting #propertyinvestment
Episode 185 - this week I discuss the industrial property market with Joel Friedland, an expert based out of the Chicago area in the US. What is notable about Joel's approach is that it is done with all cash and zero debt. Why? Listen in and learn along with a ton of other nuggets. I hope you enjoy… Brit Properties - https://britproperties.com/ Joel Friedland - https://www.linkedin.com/in/joel-friedland-sior-5508a791/ *** Work with Gavin as your mentor - https://www.elitepropertyaccelerator.com/coaching Test your investment readiness - https://eliteproperty.scoreapp.com Join my mastermind - https://www.elitepropertyaccelerator.com Join the tribe - https://www.elitepropertyaccelerator.com/stayintouch BTF YouTube channel – https://youtube.com/@BehindTheFacade *** https://www.linkedin.com/in/gavinjgallagher/ https://www.instagram.com/gavinjgallagher/ https://www.tiktok.com/@gavinjgallagher/ https://twitter.com/gavinjgallagher *** #investment #realestateinvesting #propertyinvestment
Co-Founder of Brit Properties, Joel Friedland joins Joseph to talk about how your mental health determines your success or failure in business. GUEST LINKS BritpProperties.com SUBSCRIBE First100K.com SHREDDED FATHERS™ Shredded Dad: Ripped And Fit After 40™ Do you have a brotherhood of growth-minded men to help you weaponize your body, build mental toughness, and become an epic husband, father, and businessman? Apply at: ShreddedFathers.com Music: Purple-Planet.com
If you enjoyed this episode, or are enjoying the Scalable REI show overall, show your support by buying the Scalable REI team a cup of coffee: https://www.buymeacoffee.com/scalablereiJoel has 40 year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties.As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades.Joel attended the University of Michigan. He enjoys playing golf and spending time with his family in Deerfield.Best Way to Contact Joel:https://britproperties.com/ Helpful Links:https://britproperties.com/ https://www.linkedin.com/company/brit-propertiesBEST CRM THAT WE USE: Looking for the best all-in-one CRM to scale your real estate investing business? Use the link below to sign up today: https://www.gohighlevel.com/main-page?fp_ref=scalable-reiBEST PHONE SYSTEM THAT WE USE: Looking for an optimal online phone system that can forward to your cell phone, directly integrate to your CRM, and be leveraged for your remote virtual assistant team? If so, use this link to save $20 today when you open a new account: https://openph.one/referral/NpnZPxX COFFEE!!! If you feel this episode provided a ton of value, show your support by buying us a cup of coffee: https://www.buymeacoffee.com/scalablereiLET'S DO SOME DEALS!!! Contact Mason to JV/partner on deals or passively invest by either emailing him at mason@scalablerei.comSchedule a call with Mason by using this link here: https://calendly.com/mason-klement/30minFollow Mason on Instagram to learn additional real estate investing tips and tricks: https://www.instagram.com/mason_klement_scalablerei/NOTE: This description might contain affiliate links, which may pay our podcast a commission at absolutely zero cost to you. Any commissions go toward the cost of producing each episode so we really appreciate your support. In addition, depending on the vendor, you actually might even save money by using these links that you wouldn't have access to if you went directly to the vendor's website.
Industrial real estate can generate consistent cash flow for investors, and can also be a significant driver of long term wealth generation. Joel Friedland, principal at Brit Properties, joins Andy Hagans to discuss why this asset class has such enduring appeal for a certain type of investor.
To access a FREE collection of resources, go to www.TheMaverickVault.com In this episode, Joel Friedland delves deep into the lucrative landscape of industrial deals. Stay tuned as he provides helpful insights for navigating this industry, all its benefits and finding profitable assets successfully. Gain the upper hand in this investment market today! Key Takeaways From This Episode The power of personal connections and trust-building in real estate Reasons for choosing project-specific investors Potential challenges of the current real estate market Keys to identifying profitable deals successfully The significance of industrial real estate and its diverse occupants References/Links Mentioned Duty Free Airport Shops Undercover Boss Season 6 Episode 6: EmpireCLS Wonder Years Jim Cramer CrowdStreet Element Bars Custom Energy Bars Update | Shark Tank Season 1 Cozzini Bros Home Depot The Four Agreements by Don Miguel Ruiz | Kindle, Paperback, and Hardcover About Joel Friedland Joel has a 40-year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991, overseeing the hiring and mentoring of 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014, and Joel started Brit Properties. Joel has secured over 2,000 industrial property leases and sales as an industrial real estate broker and owner. His greatest accomplishment is maintaining valued relationships spanning five decades. Joel attended the University of Michigan. He enjoys spending time with his family in Deerfield and in the great outdoors. Connect with Joel Website: Brit Properties LinkedIn: Joel Friedland, SIOR Are you a passive real estate investor seeking financial freedom? Almost daily, new headlines break on the latest financial market upset. Now is the time to get educated on how to strategically invest in commercial real estate for long-term financial freedom. Grab your copy of “How to Passively Invest in a Changing Economic Environment” Go to…www.MavericksInvest.com Want to keep up to date on the commercial real estate market, trends, investing tips and know what Neil is buying right now? Connect with him at Legacy Impact Investors, and be sure to register for his newsletter. Connect with Neil Timmins on LinkedIn. If there is a topic you want to know more about or a guest that you would like to see on the show, shoot Neil a message on LinkedIn. About Neil Timmins Neil is a commercial real estate syndicator, published author, and podcast host. Neil's entry point into the Real Estate industry came after a few short years in banking. Recognized by the Wall Street Journal as a Top 100 team and the #1 REMAX agent in Iowa by the age of 29, Neil had solidified his role as a force in the industry. Having completed hundreds of Fix & Flips, Wholesales, Wholetails, Novations, and Owner-Financed deals, Neil longed to quit forfeiting time for dollars. After building a portfolio of single-family rentals to produce passive income, he found the strategy to be anything but passive. Neil, however, didn't go looking for his first commercial deal, he actually stumbled into it. Since then, he has refined the process of analyzing and buying commercial properties that produce stellar cash flow. Neil has been involved in over $300,000,000 in real estate transactions. While his holdings in commercial asset classes include apartments, offices, mobile home parks, and self-storage units, his passion is industrial property. Neil now has verticals in residential real estate, multiple commercial asset classes, brokerage, publishing, and this successful podcast. Neil and his wife, Emily, are the proud parents of three active teenagers. Those who know Neil say he is a competitor by nature, whether for the biggest fish on a deep-sea fishing trip, the best ribs at a barbeque, or playing football back in his day at his alma mater, the University of Nebraska at Omaha as a Maverick. Neil is always up for travel, spending time on the water, and of course, meeting people interested in learning about and investing in commercial properties. Click here to see video of the podcast.
This week, we feature one of the most successful real estate investors we've had on the show to date. With over 40 years of experience, Joel Friedland of Brit Properties tells us about his humble beginnings and how he built the empire he has today. Joel Friedland is the Founder of Brit Properties, an investment firm that connects investors to Chicago industrial real estate syndications. But before that, Joel co-founded Epic Savage Realty Partners, where he completed hundreds of transactions and led the leadership development team for over 20 years. Today, Joel has numerous multi-million dollar deals behind him and more to come as he maximizes the industrial real estate scene in Windy City. We're thrilled to have him on the show to share what it's like to lease and manage industrial real estate properties, something that our multifamily investors may not all be familiar with. Joel also describes the pitfalls he encountered through the years, including the 2008 recession and how the speedbumps helped him become the smarter investor he is today. Join us on this episode to learn all about Joel's experiences, learnings, and motivations as an investor and leader. KEY TAKEAWAYS 1. Risk-averse investors want to protect the fortune that they've already got. 2. Mortgages are a significant risk for leased industrial properties. 3. Diversification is essential no matter what, and putting all your eggs in one basket increases the risk of bankruptcy. 4. Investing with other investors and syndicators you trust can be a great way to expand your knowledge. LINKS https://www.linkedin.com/in/joel-friedland-sior-5508a791? https://britproperties.com/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com
In this episode, we dive into the world of industrial real estate with Joel Friedland, a seasoned investor with over 40 years of experience. Joel shares his valuable insights on weathering economic storms, acquiring assets without debt, raising capital, and finding off-market deals. With an impressive portfolio of nearly 100 acquisitions totaling approximately 3 million square feet, Joel's expertise is unmatched. He has raised over $100 million in private capital and facilitated more than 1,600 industrial leases. Joel sheds light on his remarkable journey of overcoming the challenging 2008 market crash in the real estate industry. Drawing from his experience, Joel discusses the strategies he employed to weather the storm. Through his compelling story, Joel inspires listeners with his resilience, adaptability, and determination to succeed in the face of adversity. He also talks about the risks involved in industrial real estate as well as valuable perspectives he learned along the way. He understands the potential challenges in the industry, including economic fluctuations, tenant turnover, and property maintenance costs. Joel's seasoned approach, combined with his ability to adapt and find off-market deals allows him to mitigate risks and maximize returns. Join us as we explore Joel's journey from his early beginnings to his current role as the Principal at Brit Properties and Brit Asset Management, where he manages a diverse portfolio of properties on behalf of investors! In this episode, we discuss: How he successfully navigated the challenges of the 2008 recession and developed strategies for buying assets without relying on debt The importance of cold-calling and off-market deals to find lucrative investment opportunities Understanding Industrial leases and the advantages and risks involved in the industry The importance of making informed decisions Connect with Joel Friedland: Linkedin: https://www.linkedin.com/in/joel-friedland-sior-5508a791/ Company Linkedin: https://www.linkedin.com/company/brit-properties Website: https://britproperties.com/ Youtube: https://www.youtube.com/channel/UCS4CNcUQExJrULBowMwzGEw Facebook: https://www.facebook.com/profile.php?id=100064703481200 Twitter: https://twitter.com/brit_properties Contact: https://britproperties.com/contact-us/ Connect with Pantheon Investments: Join the Pantheon Investor Club: https://pantheoninvest.com/investor-signup/ Website: www.pantheoninvest.com Podcast: www.pantheoninvest.com/podcast Facebook: https://www.facebook.com/PantheonInvest Instagram: www.instagram.com/pantheoninvest LinkedIn: https://www.linkedin.com/company/pantheon-invest Twitter: https://twitter.com/Pantheon_Invest Youtube: https://www.youtube.com/channel/UC8EsPFlwQUpMXgRMvrmbAfQ Holistic Wealth Strategy Book: https://www.amazon.com/Holistic-Wealth-Strategy-Framework-Extraordinary-ebook/dp/B0BX4SDMS7/ref=sr_1_1?keywords=holistic+wealth+strategy&qid=1681472301&sprefix=holistic+wealth%2Caps%2C99&sr=8-1 Email: info@pantheoninvest.com
Industrial real estate broker, owner, and Principal at Brit Properties, Joel Friedland, has a 40-year track record in industrial real estate, having secured more than 2,000 industrial property leases and sales. If you asked Joel his greatest career accomplishment, he would say that it's his ability to maintain valued relationships spanning five decades. In today's episode, he offers insight into his tried-and-true code of conduct for building lasting relationships, loosely based on Don Miguel Ruiz's The Four Agreements (a highly recommended read from our guest). Joel also shares a few anecdotes that illustrate how you can build relationships anywhere, whether you're driving down the road or picking up your dry cleaning. We take a deeper look at the industrial product type, current investor sentiments in the space, and the deal structure at Brit Properties. Tune in today for all this and more!Key Points From This Episode:The story of Joel's introduction to industrial real estate.Joel's guide to building relationships which starts with never taking it personally.Interested is interesting: how you can benefit from listening and asking questions.Why Joel loves the industrial product type (and his backyard market of Chicago).An insider's look at Joel's class B and C industrial niche.Investor sentiments in the industrial space post-COVID.All-cash, no mortgage, no debt: insight into Brit Properties' deal structure.What to do first when you lose an investor's money.Tips for making major decisions.Links Mentioned in Today's Episode:Joel Friedland on LinkedInBrit PropertiesThe Four AgreementsVertical Street Ventures VSV Academy Passive Income Through Multifamily Real Estate Facebook GroupPeter Pomeroy on LinkedInPeter Pomeroy Email
An interview with Joel Friedland, co-founder of Brit Properties. We'll be discussing the following: ✅ Why invest in industrial real estate? ✅ Passive vs active investing ✅ What is a real estate syndication? About Joel: Joel has 40 year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades. Connect with Joel: LinkedIn: https://www.linkedin.com/in/joel-friedland-sior-5508a791 Website: https://britproperties.com/ -- Bastion Pens Link: https://bastionboltactionpen.com/?rfsn=7334111.02cb20&utm_source=refersion&utm_medium=affiliate&utm_campaign=7334111.02cb20 ⚡ Subscribe: https://www.youtube.com/@industrialize?sub_confirmation=1
Welcome to Real Estate Underground Show #70! Our guest, Joel Friedland, is an industrial real estate broker and owner of Brit Properties. Starting his very first business at the age of 14, Joel has always been driven to succeed. After graduating from the University of Michigan, he found his niche in industrial brokerage and syndication. In his first year, Joel made an impressive 37 leases in the business. In this episode, Joel shares some insights from his successful career, including his decision to go 100% equity with no mortgages in all his deals. He also discusses the benefits of taking some risks and selling to business owners directly, leading to great returns. He shares his secrets to looking for target geographies. Plus, you will get an exclusive sneak peek into his most recent deal. You won't want to miss this information-packed discussion! Check out Joel's website at https://britproperties.com/ to learn more. Resources: Website: https://britproperties.com Additional Resources: Website: www.clarkst.com Phone: (860) 675-5800 Facebook: www.facebook.com/ClarkStCapital Instagram: www.instagram.com/clarkstcapital Twitter: https://twitter.com/clarkstcapital1 LinkedIn: www.linkedin.com/company/clark-st-capital
Multifamily Investing the RIGHT Way with Multifamily Attorney Charles Dobens
Joel Friedland of Brit Properties has 42 years of experience in industrial real estate. He is currently a broker, owner and syndicator representing the ownership of a portfolio of 15 industrial buildings and over 200 investors. Joel and I discuss investing in industrial real estate. For more information or to get started in multifamily investing, please visit: https://www.multifamilyinvestingacademy.com/.
Industrial real estate is an exciting and stable asset class, that has gained increased popularity within the recent years. More and more investors are reshaping their appetite for industrial as a diversified investment class. There is not a ton of education in this commercial real estate space that teaches on how to invest in industrial. Our guest, Joel Friedland is a 40+ year real estate veteran, an expert in the industrial space and has been through many real estate cycles in his career. Joel is the founder Brit Properties - a boutique owner and operator of industrial real estate. Since 1989, BRIT'S Chicago-based team has acquired 95 industrial properties with an aggregate value of nearly $200 million. Through hands-on acquisition and skillful property management, Brit Properties strives to provide our pool investors with consistent cash flow, appreciation in value, and straightforward communication. In this episode, we discussed… Why he ventured out real estate brokerage to start his own real estate investing firm How surviving the real estate recession in 2008 reshaped his desire for debt How to get started in industrial real estate investing Joel's view on the macroeconomy in the U.S. Joel Friedland's LinkedIn Profile link: https://www.linkedin.com/company/11769890/ Joel Friedland's Company Website link: britpoperties.com Interested in investing in commercial real estate opportunities? Join our investor group here Check out our FREE multifamily due diligence checklist to avoid costly mistakes. Click here to download the checklist. Check out our FREE Syndication Guide For Passive Investors to learn everything you know need to know BEFORE you passively invest in real estate. Click here to download the guide.
The Commercial Real Estate Academy podcast was created to demystify the commercial real estate industry for the masses. During our weekly episodes, we interview industry experts on a host of different commercial real estate-related topics. Through these interviews, we hope to arm you with the knowledge, references, and tools you'll need to confidently pursue commercial real estate opportunities as a business owner and/or an investor. Raphael Collazo and Jeff Walston are excited to introduce their guest for this week! In today's episode, we hosted Joel Friedland, Principal at Brit Properties, for a lively conversation about why he decided to focus on industrial real estate investment. ▶️ During our conversation, we explored topics such as: • Strategies that he uses to grow his business, • His decision to focus on investing in industrial, • What is the syndication model, and how has he structured a recent investment, • Some criteria that he looks for in an investment opportunity, • Where does he see the future of industrial going, • As well as much more... ▶️ If you're interested in learning more about Joel, feel free to reach out to him via the following links: ▶ LinkedIn: https://www.linkedin.com/in/joel-friedland-sior-5508a791/ ▶ Website: https://britproperties.com/ ▶ Email: joel.friedland@brit-properties.com Below I've provided links to books that were referenced during the episode: 1. Quotes That Will Change Your Life - https://www.amazon.com/Quotes-That-Will-Change-Your/dp/1573246948 If you find value in these episodes, please SUBSCRIBE and don't forget to leave us a 5
What comes to mind when you think of investing in an industrial space? So many people may be clueless about how to start or what to expect, but Joel Friedland from Brit Properties sat down with Eddie to chat about how he got into real estate by going door to door which led him to investing in the industrial space. They discuss why investing in industrial can be an attractive asset class, how Brit Properties structures investor deals and why the demand is so high and continues to go up. For more information, visit BritProperties.com.
What comes to mind when you think of investing in an industrial space? So many people may be clueless about how to start or what to expect, but Joel Friedland from Brit Properties sat down with Eddie to chat about how he got into real estate by going door to door which led him to investing in the industrial space. They discuss why investing in industrial can be an attractive asset class, how Brit Properties structures investor deals and why the demand is so high and continues to go up. For more information, visit BritProperties.com.
Joel Friedland, is the Principal at Brit Properties, an industrial real estate investing firm based in Chicago. In this episode, Joel discusses his strategy for identifying and purchasing properties, syndication in industrial real estate, why Chicago is the best industrial area in the country, and something called the “punch in the face theory.” Joel Friedland | Real Estate Background Principal at Brit Properties Portfolio: 15 industrial buildings with an aggregate value of ~$50 million Based in Chicago, IL Say hi to him at: Brit Properties on YouTube LinkedIn Best Ever Book: Don't Sweat the Small Stuff, by Richard Carlson Greatest Lesson: Debt is dangerous. After struggling through the '08 recession, I changed my strategy to focus on all-cash deals. Click here to learn more about our sponsors: MFIN CON
Did you realize that the industrial real estate market is booming right now? Today we are stoked to have the very captivating Joel Friedland of of Brit Properties on the podcast to talk about is vast experience in industrial real estate. This is very good! Links from episode: Joel's YouTube https://www.youtube.com/@britproperties4581 Why to NOT invest with Joel https://britproperties.com/education/whats-wrong-with-our-offerings/ Joel's LinkedIn https://www.linkedin.com/in/joel-friedland-sior-5508a791/
More than the infrastructure and the lot, real estate is a people's business. In the last episode of our two-part series with seasoned real estate entrepreneur Joel Friedland, he shares the secret on how to build connections, especially with potential investors such as high-net-worth individuals.Joel shares that he consults a group of advisors whenever he does a deal. He also gives emphasis on talking to your deals manager properly, the importance of keeping a lot of cash reserves, and the three rules for industrial real estate. He then talks about his predictions about the real estate market for the coming months, how the Fed decision can affect the industry, and referrals being his best source of new investors. Tune in and learn a lot of wisdom from Joel today! Key Points From This Episode: Joel discusses how he was able to find eight advisors he can consult with about his business.How does Joel deal with high-net-worth individuals?Joel deeps dive into his business plan and the kind of deals he's doing.Why Joel does not like doing funds?How long does it take for Joel to do a project and how many investors does he tap?Joel talks about a building they have owned for 30 years.Joel shares how his investors value their shares.Joel's predictions of the real estate market in the next 12 to 18 months.How does Joel prepare for a downturn?The three rules in industrial real estate are parking, parking, parking.What is the biggest challenge in Joel's business today?The metrics that Joel tracks.The habit that produces the highest return for Joel is sleep.What's the number one thing that contributed to Joel's success?How does Joel like to give back?Tweetables:“I believe that it's important to get other people's opinions, especially smart people who are solid in their judgment in business.”“You have to know how to take adversity, and I didn't. I've never seen adversity. So now what I do is when I call people I open with, 'Hey, in 2008, I went into a depression because I thought I lost everybody's money. If you invest with me, you've got that guy with that experience. And I'm not going to let that happen again if I have anything to say about it.' And, that's why we do our deals all cash.”“I don't like funds, because it puts the money in your pocket and burns a hole in your pocket, and you need to go spend it. I like individual deals because people can pick and choose.”“There are three rules in industrial – parking, parking, and parking.”Link Mentioned in Today's Episode:Joel Friedland on LinkedInBrit Properties websiteWS1570: How To Do Deals With Zero Debt | Joel FriedlandAbout Joel FriedlandJoel has a 40-year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties.As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades.Joel attended the University of Michigan. He enjoys spending time with his family in Deerfield and in the great outdoors.
How do you recover from a big challenge, like a recession? How does your mental health affect your business decision-making? In this first episode of our two-part series with successful real estate entrepreneur Joel Friedland, he answers these questions and more! Joel uncovers the secret of how to do deals with zero debt and describes this as how the rich do business.Joel kickstarts the show by sharing that he's been in the industrial real estate industry for over four decades now. He then shares the lessons he learned from his mentors in the industry, the reason why he only does real estate deals with zero debt, and how he can do that. He also discusses how relationships matter most to him, how knowing the details of your offering book can spell a difference, and even his mental health scale. Listen now to this very informative and inspiring episode!Key Points From This Episode: Joel shares that he started in the industry as an industrial real estate broker.How did Joel get involved in the industrial real estate industry himself?Joel talks about how he learned about syndication.How did Joel raise money as he was starting his syndication business?How did Joel move forward during the lowest point in his real estate journey?Joel emphasizes the importance of taking care of your mental health.Why does Joel do deals now with zero debt?Joel discusses the kind of investors that he has.How does Joel gauge in making a decision?Joel discusses his mental health scale.Tweetables:“Industrial is a closed community, pretty much. It's people who get in and get trained by people already in the business, which is what happened with me.”“Mental health really affects how people make decisions. If you're mentally healthy. I think you think through what the consequences are going to be of your decisions. But if you're not mentally healthy, and you're elevated, and you think you're really hot, you might go make some decisions that have very dire consequences, because you're not thinking clearly.”“What matters most to me are the relationships. The money is really important, but I love it when I can pick up the phone and call someone who's got a connection or is in a business and I can help somebody by knowing somebody.”“I believe, with solid mental health, not being high on life, not making decisions impulsively, I have a thing that I call wait, W-A-I-T. Before I make a decision, I asked myself, wait a minute, what am I thinking? W-A-I-T. What am I thinking? And then when I'm talking to people, I also use the word “wait” which is, why am I talking when I should be listening?”Link Mentioned in Today's Episode:Joel Friedland on LinkedInJoel Friedland's EmailBrit Properties websiteThe Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist HistoryAbout Joel FriedlandJoel has a 40-year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties.As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades.Joel attended the University of Michigan. He enjoys spending time with his family in Deerfield and in the great outdoors.
The Science of Flipping | Become a real estate investor | Real Estate Investing like Robert Kiyosaki
Joel Friedland knows a thing or two about real estate. After all, he's been in the business for over 20 years and has successfully completed hundreds of transactions. Joel is also highly experienced in leadership development, having founded Epic Savage Realty Partners and then Brit Properties, LLC and Brit Asset Management. In his spare time, Joel enjoys traveling and spending time with his family. The #1 training and coaching system to launch, grow, and scale your investing business!
Real Estate Investing With Jay Conner, The Private Money Authority
Joel Friedland is a 40-year veteran of industrial real estate, co-founding Epic/Savage Realty Partners in 1991 before eventually starting his own company—Brit Properties. He has secured over 2,000 industrial property leases and sales and has raised $100 million in private money.In this episode, Joel walks us through industrial real estate, building trust with investors through complete honesty, and raising private money. Tune in!Key Takeaways:The industrial real estate nichePrivate money can come from anyone, whether rich or not.Don't guarantee loans.Be up-front with investors about the risk of private lending.Mitigate risk through due diligence and making good decisions.The importance of 100% trust with your investors.Don't gamble: understand what makes a good deal.Emotion is not how you make deals—math is how you make deals.Joel's deals and their terms.Check out my book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business and Help You Build Incredible Wealth!Get it here for FREE: www.jayconner.com/moneyguideConnect with Joel:Website: britproperties.comFacebook: https://www.facebook.com/Brit-Properties-110044797821601Twitter: https://twitter.com/brit_propertiesLinkedIn: https://www.linkedin.com/company/brit-propertiesYoutube: https://www.youtube.com/channel/UCS4CNcUQExJrULBowMwzGEwEmail: joel@britproperties.com
At the most basic level, Joel Friedland explains, industrial real estate is just made up of a bunch of boxes. You've got big boxes, small boxes, tall boxes, short boxes, and inside it's just open space. However, after hearing Joel explain his business further, it's clear that industrial is about way more than just boxes. Joel has 40 year track record in industrial real estate. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades. He explains how the industrial real estate industry has changed over the years. Decades ago, a small group of owners typically owned the assets - manufacturers and distributors who ran the business and owned the property. Today, Joel estimates that over 40% of properties are now owned by institutions. So how does he compete? First of all, he's developed a strong business model that lets him find opportunities that are generally under the radar of institutions. Rather than going after Class A assets, he focuses on Class B & C properties that may be a little older, and may not always have the curb appeal of Class A, but they bring returns that help Jeff & his team outperform the institutions. Secondly, Jeff emphasizes that the fabric of being able to grow any successful business will always come down to maintaining and building relationships. Out of over 100 deals that he's done, only 4 have come through brokers, the rest have come from strong building relationships over time. Key Takeaways: Relationships, relationships, relationships. Jeff maintains relationships with people he met over 40 years ago who have become his investors and they've invested over and over and over again. It's a relationship business Roll up your sleeves. Jeff started in the businesses going door to door looking to uncover deals, and today his son does the same thing. It's hard work but it helps start developing relationships and gives you a ground level view of what's happening in the market. Be conservative. Similar to what we're seeing in other sectors, Jeff describes a challenging market where things have gone up so much the past several years that sellers and other buyers may not have adjusted to the new realities yet. So Jeff's being conservative, getting into good deals but with a low LTV and, in some cases has even paid cash to avoid taking on too much debt. Contact Jeff: You can contact Jeff through the Brit Properties website: www.britproperties.com Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Joel has 40-year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades. In this episode we talked about: * Joel's Background and Getting Into the Wild West of Real Estate * Fiscal Policy Response * Mentorship * The transition from Brokerage to Investment * Equity Raise * The Advice to Individuals who Syndicate Deals * Resources Useful links: https://britproperties.com/
In this Topical Tuesday's episode, I spoke with Joe Friedland who is the co-founder of Brit Properties and has a 40-year track record in industrial real estate. As an industrial real estate broker and owner, he has secured over 2,000 industrial property leases and sales. Be sure to tune in if you're interested in learning about: What the biggest risks are that investors should be aware of when investing in industrial real estate The importance of tenant selection when investing in industrial real estate The key considerations to look for when choosing industrial tenants, beyond the tenant's income statement and balance sheet Why the supply of class B and C infill industrial real estate is decreasing every year To your success, Tyler Lyons Resources mentioned in the podcast: 1. Joe Friedland Website Interested in investing in ATMs? Check out our webinar. Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital? Check out our new FREE webinar - How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register. CFC Podcast Facebook Group
My podcast guest today, Joel Friedland co-founder of Brit Properties, is one of the country's leading experts on Class B and C industrial properties. Industrial real estate has consistently outperformed all other real estate asset classes and Joel's approach, which includes taking on very low levels of debt, have provided him and his investors with steady income over the years and through multiple real estate cycles, while protecting the downside from excessive risk. Learn from Joel how he has built his substantial industrial real estate portfolio, why it has not yet been impacted by current market conditions, and how he preserves his investors' capital while keeping an eye on income and growth. If you are looking for a safe haven during troubled economic times, Class B and C industrial real estate should be on your radar and Joel Friedland is the perfect person to explain the ins and outs.
In this episode of Purpose-Driven Wealth, your host Mo Bina sits with Joel Friedland to talk about the uniqueness of industrial real estate in comparison to residential. Industrial real estate, normally, doesn't interact with the public in a way that residential assets do. This same reason is why it's challenging for most to get into the industrial market. Here, Joel discusses the types of businesses that make industrial real estate what it is, what Warren Buffett's circle of competence is all about, why first-time investors are concerned with single-tenants, his different approach to mitigating risk, and more. In this episode you will learn: Industrial real estate houses very unique businesses It's hard to go wrong in a market that you know down to the littlest detail Why you shouldn't put all your money into one industrial property What is The Society of Industrial and Office Realtors? What is a dutch auction? and so much more! About Joel Friedland: Joel has a 40-year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991, where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014, and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades. Joel attended the University of Michigan. He enjoys spending time with his family in Deerfield and in the great outdoors. Follow Joel Friedland on: Website: https://britproperties.com/ Connect with Mo Bina on: Website: https://www.high-risecapital.com/ Medium: https://mobina.medium.com/ For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index