Podcast appearances and mentions of michael tran

Discover how flex industrial real estate could yield 10X returns in Texas! Michael Tran shares insider insights on this lucrative niche and explains why it's becoming a hot investment opportunity.Key takeaways:• Definition of flex industrial spaces and their unique advantages• How to identify prime locations for flex industrial developments• The importance of amenities like side yards in boosting tenant retention• Post-COVID changes in the flex industrial marketConnect with Michael Tran! Visit flexbusparks.com to learn more about flex industrial opportunities and expert guidance.Michael's book recommendation: "Emotional Intelligence 2.0" for improving self-awareness and client relationships.Are you ready to explore flex industrial real estate? Subscribe to the REI Mastermind Network for more expert insights and strategies!SUPPORT THE SHOW! Leave a review, share this episode, and don't forget to subscribe for more valuable real estate investing content."Don't get too hung up on cap rates. Look at price per square foot when evaluating flex industrial properties." - Michael Tran#RealEstateInvesting #FlexIndustrial #CommercialRealEstate #InvestmentStrategy#flexspacerealestate #flexspacewarehouse #flexspaceinvesting #warehouseinvesting #flexspaceCHAPTERS:00:00 - Intro00:16 - What is Flex Industrial? 04:09 - Data-Driven Decision Making06:26 - Leasing Strategies10:32 - Key Amenities in Flex Industrial15:02 - Surprises in the Flex Industrial Asset Class18:04 - Property Conversion Opportunities20:12 - Success Stories in Flex Industrial Development21:40 - Final Thoughts on Flex Industrial23:40 - Rapid Fire Q&A27:13 - OutroRealDealCRM.comRealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.comLIKE • SHARE • JOIN • REVIEWWebsiteJoin the REI Mastermind Network on Locals!Apple PodcastsGoogle PodcastsYouTubeSpotifyStitcherDeezerFacebookTwitterInstagramSUPPORT THE SHOW!Self Managing Your Rental Properties?

What's the best that could happen?The Patio Tex-Mex Fusion, located at 7655 Old Hammond Highway in Baton Rouge, is a restaurant that blends traditional Tex-Mex cuisine with Asian-inspired flavors. Owned by Tien Le, Michael Tran, and Ton Suansawang, the establishment offers dishes like Tuna Tostadas with sashimi-grade tuna and house-made gochujang aioli, as well as pastor stuffed fried bao buns and an exciting bar program that makes The Patio a perfect spot to bring a group. You can find all the deets atthepatiotexmexfusion.comListen. Subscribe. Share.The Eat the Boot Podcast features music from Louisiana based singer/songwriter, Adam Dale, from the album “Shadowtown”.  www.eattheboot.com

Today, my guest is Michael Tran. Michael Tran is an Associate Vice President at Colliers International, specializing in Multi-tenant Flex Industrial Properties, with over 900 plus real estate transactions over the last decade. And in just a minute we're going to speak with Michael Tran about multi tenant flex industrial properties.   Contact: Michael Tran E: m.tran@colliers.com https://flexbusinessparks.com/ Social Media X: @michaeltrancre Instagram: @michaeltrancre C: 817-501-0024

J Darrin Gross: I'd like to ask you, Michael Tran, what is the BIGGEST RISK?   Michael Tran: So BIGGEST RISK, I want to say our team has taken on this stuff is in 2018, we realized, and we felt bad when we would see these trade at $30 below what we could sell certain assets for. And I said, Hey, guys, like, we like this stuff. This is a product we believe in, you know, why don't we work it a little bit harder. And, you know, we started devising a plan back in 2018, to say, hey, this has got to be the next asset we are the forefront of and helping investors with. So that was one big risk, we we really took a step forward. And because we originally were doing 50%, office buildings 50% flat. And so it was good to have both the buyers are kind of the same already. But now they're all really just switching over to this just because it's easier to manage. And so, you know, 2020 heads still popular. 2022 are like, okay, we're making waves in this space. Now, what can we do that might pay off in the long run. And so I'm telling you about working with our research team, which has been a two year project at this point where we're building out the algorithm trying to find the heat maps of where to build these. And helping developers get into the states. A lot of those guys that we have helped. We did this service for free. And like I said, we've done over 40 of these in the last few years and doing you know site plans for them trying to help them figure out how much square footage you can put in there. That has been, you know, one of the ways we've put a lot of time and energy that we never knew we were ever gonna get back into this space as well. And then also our team we wrote a book flexpays domination, to help investors who are also looking to get into this if they don't feel comfortable reaching out to us yet. There's a book you can buy. It's on Amazon He has a 60 day fast action plan as well. And we wrote that book last year, released it a few months ago. And we just need more of these to sell. Just because we feel that, you know, we want to make sure you can capitalize on what you're investing, and make sure you get the most money for what you're building out there. Because we, it genuinely hurts me to see people sell these at below market value. And so, yeah, that's that's how we, that's been the risk on our end is, you know, the book, doing all those evaluations for free. I'm still doing some to this day, which I don't mind I'm just saying it's, it's been a risk that we all kind of took upon ourselves to say, hey, let's help these guys out. Let's actually get some of these some more parks on the ground and make sure that you know, we're helping investors do really well on their asset class that their switch into.  

John Quintrell arrives in Vietnam, 19-years-old, innocent, naive, and hoping to simply make it home alive. He immediately meets the man who will be his biggest obstacle to doing so, the volatile, cruel, and extremely dangerous, Lieutenant Ritter. Both men will NOT be returning home alive. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

John sees major combat, Doc provides a psychotic gift to the higher-ups, and Merlin does something so crazy there might be no way back from it. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Wolfhounds stick together and manage to ride out Merlin's insane act, Ritter forces them to commit a war crime, and a kindhearted new recruit is trouble about to happen. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

John tries to survive Ritter putting a gun in his mouth, and the Wolfhounds learn about karma, before witnessing something that defies the existence of karma. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

A river ambush demonstrates that Ritter might be impossible to kill. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Wolfhounds will not all survive their most harrowing battle of Vietnam. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The surviving Wolfhounds regroup, and set in motion their final plan to rid the world of Lieutenant Ritter. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The final confrontation between Lieutenant Ritter and John. Based on the novel "My 365 Days With The Wolfhounds In Vietnam, 1968-1969: A Combat Veteran's Journey" by John Quintrell. The novel is available on Amazon: https://www.amazon.com/365-DAYS-WOLFHOUNDS-VIETNAM-1968-1969/dp/1649703295 Someone Is Killing The Wolfhounds is a production of Voyage Media. The series is produced by Nat Mundel, Robert Mitas, Minoti Vaishnav and Dan Benamor. Executive produced by John Quintrell. Story produced by Minoti Vaishnav. Written and directed by Dan Benamor. Edited, sound designed, and mixed by Nick Messitte. Original music by Derlis Gonzalez. Starring Jonathan Regier as John, Albie Robles as Lieutenant Ritter, Ray Carsillo as Big Sally, Jonathan Cahill as Rich, Kareem Ferguson as Merlin, Alejandro Ruiz as Doc, Michael Tran as Tong, and Veronica Dang as Vietnamese Woman. If you're enjoying the show, please leave us a 5 star review on Apple Podcasts, or anywhere you're listening. And subscribe now for future episodes.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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Fearless Agent Michael Tran gets some Coaching from Coach & Founder Bob Loeffler as he shares his experiences as a Fearless Agent and how it's making him rich! Fearless Agent Coaching is the Highest Results Producing Real Estate Sales Training and Coaching Program in the Industry and we can prove it will work for you if it's a good fit! Call us today at 480-385-8810 to see if it may be  good fit for you! Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, but Fearless Agent Coaching Students di all of these completely differently and get massively better results! Find out how! Listen in each week as Bob gives an overview and explains the big ideas behind making big money as a Fearless Agent! If you are earning less selling real estate than you wish you were, and you're open to the idea of having some help, We are here for you! You will never again be in a money making situation with a Buyer, Seller or Investor and not have the right words! You will be very confident! You will be a Fearless Agent! Call Bob anytime for more information about Fearless Agent Coaching for Agents, Fearless Agent Recruiting Training for Broker/Owners, or hiring Bob as a Speaker for your next Event! Call today 480-385-8810 - or go to https://fearlessagent.com  Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, Spin Selling, but Fearless Agent Coaching Students do all of these completely differently and get massively better results! Find out how! Are You an Owner of a Real Estate Company - need help Recruiting Producing Agents - Call today! 480-385-8810 and go to FearlessAgentRecruiting.com and watch our Recruiting Video Real Estate coaching  training  Real estate training real estate coaching real estate speaker real estate coach real estate sales sales training realtor realtor training realtor coach realtor coaching realtor sales coaching realtor recruiting real estate agent real estate broker realtor prospecting real estate prospecting prospecting for listings calling expired listings calling for sale by owners realtor success Best Realtor Coach Best Realtor CoachingSee omnystudio.com/listener for privacy information.

In this week's RBC's Markets in Motion podcast, Michael Tran, Commodity and Digital Intelligence Strategist, guest hosts to discuss his latest views on the global oil market dynamic. Today in our 11:30 minute podcast, we discuss the recent oil price volatility and explore the dynamic between the push and pull between the looming threat of a recession which is being stacked up against the strongest fundamental oil market set up in decades, or maybe even ever. Three things to know: First, given the recent price rout, the financial oil market is dislocating dramatically from an extremely tight spot physical market. Near record Atlantic Basin physical pricing differentials, the Saudi hike to Official Selling Prices (OSPs) and the CPC pipeline outage are indicative that the steadfast physical market is telling a diametrically opposed story to the plunging paper market. The physical market is pricing in scarcity while the financial market is pricing in recession. Second, despite the recent plunge in oil prices, term structure remains relatively intact, surprisingly. This means that the term portion of the curve is also retracing significantly lower. Unless the recession is deep and protracted, we believe that the dated calendar strips are largely undervalued. However, the near term recessionary risks must be respected. In a recessionary scenario in which demand is impacted at a similar rate as previous downturns, we could see a scenario in which spot prices retreat into the mid $70/bbl range in the back half of this year. Now, we only place a 15% probability to such an outcome, but we have all been doing this long enough to know that oil price moves can be swift, violent and unforgiving, in both directions. The bullish conviction is high, but sentiment is soft among the commodity trading community. Third, while the debate regarding the health of the consumer remains an open ended question, large scale demand destruction is rare. Over the past 30 years leading into the pandemic, there were 39 individual months in which retail gasoline prices increased by more than 30%, YoY. Of those instances, we have seen gasoline demand fall by 2% or more on only 12 of those occasions. And five of those instances took place during the 2008 Great Financial Crisis. In short, protracted demand destruction events have historically been rare, absent a recession. That said, the strength of the US dollar means that oil priced in local currencies is still punching in either at or near all-time record highs for many regions across the globe.

It's a big day for high-interest earnings reports, and at the top of the stack is Peloton. But compared to the start of the pandemic, when sales were booming, by how much has demand for connected fitness equipment slowed? Daniel Adam of Loop Capital Markets joins us to discuss why Peloton is still a valuable stock worth substantially more than its current market value. Plus, with global port congestion worsening, and supply chain issues escalating, is there a solution in sight? Michael Tran of RBC Capital Markets gives us his insights on digital intelligence strategies. And, inflation concerns are taking over the market, as NASDAQ is on track for its sixth worst year ever and S&P is down 16% from its all-time high. Chris Murphy of Susquehanna Financial Group and Brian Levitt of Invesco give us their thoughts on which areas of the market may still be worth investing in.

Die Null-Covid Strategie lähmt die chinesische Exportindustrie. Normalerweise dauere es 37, zur Zeit jedoch 111 Tage, um ein Produkt aus einem chinesischen Warenlager in ein amerikanisches zu transportieren, so Michael Tran, Analyst bei der Royal Bank of Canada. SMI: -2.4%

2021 marked a stark reversal of fortunes in the energy sector, with improving supply demand fundamentals, more resilient business models, and robust oil prices bolstering energy companies and setting the stage for continued growth. Many believe these are only these early stages of a constructive energy cycle. On this episode of The Real Pulse, Michael Tran, Managing Director, Global Energy Strategy and Digital Intelligence Strategy at RBC Capital Markets, sits down with Nurit Altman to share his views on where oil prices will go in 2022 and the implications for the Alberta real estate market. Disclaimer: https://www.rbccm.com/en/policies-disclaimers.page (https://www.rbccm.com/en/policies-disclaimers.page)

Brian Sullivan hosts the show from London this week, reporting on the energy crisis in the UK and Europe and what Britons can expect this winter. Plus, Andy Blocker of Invesco joins with his thoughts on the week ahead in Washington, and what investors should be watching. And the supply chain backlog is continuing—Michael Tran of RBC Capital Markets joins with the data on just how historic these issues have become.

Fearless Agent Coaching Student Michael Tran from Orange County CA shares his experiences as a Fearless Agent and how it's making him rich! Fearless Agent Coaching is the Highest Results Producing Real Estate Sales Training and Coaching Program in the Industry and we can prove it will work for you if it's a good fit! Call us today at 480-385-8810 to see if it may be  good fit for you! Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, but Fearless Agent Coaching Students di all of these completely differently and get massively better results! Find out how! Listen in each week as Bob gives an overview and explains the big ideas behind making big money as a Fearless Agent! If you are earning less selling real estate than you wish you were, and you're open to the idea of having some help, We are here for you! You will never again be in a money making situation with a Buyer, Seller or Investor and not have the right words! You will be very confident! You will be a Fearless Agent! Call Bob anytime for more information about Fearless Agent Coaching for Agents, Fearless Agent Recruiting Training for Broker/Owners, or hiring Bob as a Speaker for your next Event! Call today 480-385-8810 - or go to https://fearlessagent.com  Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, Spin Selling, but Fearless Agent Coaching Students do all of these completely differently and get massively better results! Find out how! Real Estate coaching  training  Real estate training real estate coaching real estate speaker real estate coach real estate sales sales training realtor realtor training realtor coach realtor coaching realtor sales coaching realtor recruiting real estate agent real estate broker realtor prospecting real estate prospecting prospecting for listings calling expired listings calling for sale by owners realtor success Best Realtor Coach Best Realtor Coaching Spin Selling See omnystudio.com/listener for privacy information.

A ransomware attack shut down a vital fuel pipeline on the east coast. President Biden’s plans to upgrade the hi-tech energy infrastructure may make it yet more vulnerable to hackers. Is America properly protected from cyber attack?Michael Tran of RBC Capital Markets assesses the damage. The Economist’s defence editor Shashank Joshi puts the attack in context. Amy Myers Jaffe, author of “Energy’s Digital Future”, says it's a wake-up call. John Prideaux hosts with Charlotte Howard and Jon Fasman.For access to The Economist’s print, digital and audio editions subscribe: economist.com/USpod  See acast.com/privacy for privacy and opt-out information.

A ransomware attack shut down a vital fuel pipeline on the east coast. President Biden’s plans to upgrade the hi-tech energy infrastructure may make it yet more vulnerable to hackers. Is America properly protected from cyber attack?Michael Tran of RBC Capital Markets assesses the damage. The Economist’s defence editor Shashank Joshi puts the attack in context. Amy Myers Jaffe, author of “Energy’s Digital Future”, says it's a wake-up call. John Prideaux hosts with Charlotte Howard and Jon Fasman.For access to The Economist’s print, digital and audio editions subscribe: economist.com/USpod See acast.com/privacy for privacy and opt-out information.

Fearless Agent Coaching Student Michael Tran from Anaheim CA shares the most amazing story EVER! Fearless Agent Coaching is the Highest Results Producing Real Estate Sales Training and Coaching Program in the Industry and we can prove it will work for you if it's a good fit! Call us today at 480-385-8810 to see if it may be  good fit for you! Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, but Fearless Agent Coaching Students di all of these completely differently and get massively better results! Find out how! Listen in each week as Bob gives an overview and explains the big ideas behind making big money as a Fearless Agent! If you are earning less selling real estate than you wish you were, and you're open to the idea of having some help, We are here for you! You will never again be in a money making situation with a Buyer, Seller or Investor and not have the right words! You will be very confident! You will be a Fearless Agent! Call Bob anytime for more information about Fearless Agent Coaching for Agents, Fearless Agent Recruiting Training for Broker/Owners, or hiring Bob as a Speaker for your next Event! Call today 480-385-8810 - or go to https://fearlessagent.com  Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, Spin Selling, but Fearless Agent Coaching Students do all of these completely differently and get massively better results! Find out how! Real Estate coaching  training  Real estate training real estate coaching real estate speaker real estate coach real estate sales sales training realtor realtor training realtor coach realtor coaching realtor sales coaching realtor recruiting real estate agent real estate broker realtor prospecting real estate prospecting prospecting for listings calling expired listings calling for sale by owners realtor success Best Realtor Coach Best Realtor Coaching Spin Selling See omnystudio.com/listener for privacy information.

This week on Brown Moufwash, Ep.8: Special Guests: Aaron Le and Michael Tran! We talk being a meme, being kids at the "grown ups table", knowing when to leave, and more! Follow Brown Moufwash on social media!: • Instagram: https://instagram.com/brownmoufwashpod • Facebook: https://facebook.com/brownmoufwashpod --- Support this podcast: https://anchor.fm/brownmoufwashpod/support

This week's episode is dedicated to the Federal Budget that was delivered earlier this week. Topics of discussion by Dien Le and Michael Tran are: Personal income tax Immediate personal tax relief for individuals Exempting granny flat arrangements from capital gains tax Business owners Extension of the provision allowing small business to instantly write-off asset purchases Temporary loss carry-back to support cash flow Covid-19 response package JobMaker hiring credit Superannuation Superannuation reform

This week we sit down with the Managing Director for Oppo Australia, Michael Tran. Leading what is now the number 3 smartphone brand in the country is no small feat. Oppo is a young company but is absolutely kicking goals in the market today, so it made sense to sit down with Michael at an amazing point in their history so far.Don't forget to leave a review and feel free to contact me directly at any time.You can follow Geoff Quattromani on Twitter at https://www.twitter.com/gquattromanior Instagram at https://www.instagram.com/gquattromaniand on Facebook at https://www.facebook.com/GeoffQuattromani

Guest today: Michael Tran, Capital Markets Associate at Collier's International   Powered by Stone Hill 401(k)

Four months into the COVID pandemic and some Americans have hit lockdown fatigue, if traffic data is any indication. Take Las Vegas, which has seen flight activity increase steadily over the last six weeks. Or Houston, where traffic was up and down leading into the 4th of July holiday. Contrast this with Europe and China, which have emerged from lockdowns and are back to near normal activity. How will mobility patterns shift as U.S. re-openings continue to stop and start? And how will this erratic demand affect oil prices? Michael Tran, RBC Capital Markets' Global Energy Strategist, shares his insights from real-time traffic data during the pandemic. For more insights about social, economic and technological trends, visit rbc.com/thoughtleadership.

We talk to Michael Tran, the Director of Global Marketing and Brand Strategy at OPPO about their latest releases - the Oppo Find X2 Series. Joining us on the show as well is Andrew Hughes, a Sony Audio Specialist who gives us some insight into their noise-cancelling technology, their latest headset and 360 audio. And Geoff Quattromani gives us his latest after road testing the Sonos Arc soundbar.

This week I discuss a shocking online purchase, basically a scam and the regrets about just that - plus your calls on everything from streaming to WiFi doorbells. Michael Tran from OPPO joins me to talk about the brand's progress in Australia, And the high-end in-car technology which is now available in one of the cheapest cars on sale in Australia. All that this week!

This week I discuss a shocking online purchase, basically a scam and the regrets about just that - plus your calls on everything from streaming to WiFi doorbells.Michael Tran from OPPO joins me to talk about the brand's progress in Australia, And the high-end in-car technology which is now available in one of the cheapest cars on sale in Australia. All that this week!

This week I discuss a shocking online purchase, basically a scam and the regrets about just that - plus your calls on everything from streaming to WiFi doorbells.Michael Tran from OPPO joins me to talk about the brand's progress in Australia, And the high-end in-car technology which is now available in one of the cheapest cars on sale in Australia. All that this week!

I introduce my new co-host Michael Tran of --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/nerd-atmosphere/support

James: Hey, audience and listeners, this is James Kandasamy from Achieve Wealth Through Value-add Real Estate Investing. Today, I've Cody Payne and Michael Tran from Colliers International out of Dallas market. Hey guys, why don't you say hi to our audience and why don't you introduce what you guys do? Michael: Oh, Hey everybody. Michael here. You know, we focus mainly on multitenant, mid-rise office buildings or industrial buildings or industrial parks. Anything between three to 25 mil is our typical range that we work on. Cody: And I'm Cody Payne and I work with Michael and that pretty much sums it up pretty well. We sell investment office and industrial buildings in Dallas Fort Worth. James: Got it, got it. So you guys are brokers, right? Do you own any of these as well? Cody: Yeah, actually we do, we actually just did a syndication not long ago where we pulled together a few investors and bought a portfolio of five office buildings down the mid-cities. And we've even done some development also. James: Got it. So office and industrial; nobody has talked about this asset class in the show. So I want to go really deep into how people make money out of this asset class because I'm a multifamily guy. I'm so used to multifamily and a lot of people knows multifamily very well. It's like seems to be like the only asset class out there. Right? But I'm sure there's a lot of people out there who's killing it in industrial and office. Right? So, I want to go deep into, you know, how an active investor would look at these two asset classes and you guys absolutely will be you know, giving a lot of value in this discussion. So let's start with industrial. Can we define what is an industrial asset class and how does it look like when I drive by, how can I say this is industrial and is there any different types of industrial that I need to be aware of when I drive by and when I'm going to look at something? Cody: Yeah, absolutely. So industrial is going to be, you know, your big box, tall, concrete warehouses that you'll see as you're driving along the freeway or in some other parts. These things can range anywhere from tenants utilizing just a couple thousand square feet up to a large shipping receiving warehouse that you'll see, that can be half a million-million square feet. A lot of things that I think a lot of people are familiar with is, seeing those tall, 24 36 foot tall concrete structures where a lot of 18 wheelers are backed up to that are loading, unloading, cross-docking and things of that nature. That's what your typical image of a warehouse industrial is. And a lot of people look for that and that's one of the key asset classes that a lot of investors are looking for right now. James: Well, so you said a lot of investors, I mean, it's a very relative term, right? And I'm not sure you guys know how much people invest in multifamily. So is that same equal in people investing in industrial and office or is it like coming from your knowledge in a multifamily is like crazily too many people and industrial is like a niche [03:26unclear] ? Cody: So the office and industrial it is a little more niche. I wouldn't say there's as many buyers for it as there is for multifamily. I mean, you, obviously there's a lot more multi-families than there are mid-rise office buildings, especially out here in Dallas, Fort Worth and even in Texas as a whole. But it's very niche specific. And so, that's why a lot of times you'll see a multifamily guy refer out if someone's looking at buying an office building or even vice versa. Because we won't sell a multifamily complex just because we're not as aware of it but the buyer pool is still very good. We get a lot of multifamily people, especially over the past three, four or five years, that have really started to hone in on the office industrial market as compared to my 10 years prior to that. James: Got it. Got it. Yeah. Even in my book, I mentioned that, you know, all these asset classes, they are somebody who's really good at these asset classes. And a lot of passive investors just look to, you know, seek to this kind of operators who are really good at industrial office or multifamily. There are people who specialize in this and they're really, really good at it so they have to seek for that operators. So that's good to know. It's very niche market. So, coming back to industrial, how do I identify a sub-market...how do I find an industrial, which is a really good, in terms of location, how do I say if I look at this building, I can say that this building is in a really good industrial location. How do I say that? What are the factors I need to look at? Michael: You know, one of the main ones nowadays is access. A lot of the logistics chains, they kind of make sure they can get the 18 wheelers in there, parked. That's why a lot of the users that are looking out that way, they're always making sure that they're centralized too. So like, let's say the great Southwest district here just South of DFW Airport; that's one of the biggest industrial hubs over here, you can get to almost any part of the metroplex within 20 to 30 minutes max. And then you'll have Alliance, which is in North Fortworth. I think that's a sleeper town that a lot of people overlook here but they're just building more and more bigger boxes up there. And it's due to 35 West Highway that goes all the way down to Austin, even down where you guys are at. So that's become another major hub press as well. And FedEx, Amazon they're all up that way. And you've got little pockets up in Plano as well which is probably about 30 minutes from the airport and they've got some major like Toyota is looking to move up that way. And they've got everybody else just following them over here. James: So do you look at, like for example, in multifamily, we look at household demographic, we look at median household income and income growth, job growth and all that. But it looks like industrial is different, I guess. Like you have to look at how convenient it is for the 18 wheelers to meet and compare and also seems to be some kind of adjacency with the certain key distributors like Amazon or Toyota. So is that key factors, I presume? Cody: Yeah, absolutely. And actually, we've got a map behind us.  James: So those who are on YouTube, you can definitely see the map. Cody: Yeah. James: To really, you know, talk numbers in terms of what? Cody: Just as the Dallas Fortworth airport right here. And this is the great South West district that Michael was talking about. This is where you'll have a lot of warehousing and a lot of it up North as well. Amazon's got a large center as well. So you've kind of have the same thing, which is growing a lot out here where Hillwood has their Alliance airport. And then the same thing back over here where Dallas load field is, there's a lot of warehouses over there and there's a lot off limits. So you know, a lot of these guys where we see a lot of tenant velocity and things of that nature are going to be closest to the airports because that [07:49unclear]  Fortworth because here and going to Fortworth and go to Dallas and go South and go North and they can receive from one of the largest airports in the world right here. James: Got it. So it's basically access to the airport and access to the highway and how can we get to go to other big cities, I guess, right? Fortworth, Austin. Cody: And they don't necessarily need highway visibility cause that's your most expensive parcel of land, but they need good access to it. And so having that nearby that airport, they've got access to I-20, I-30, 183, 360, and so that's a really good hub. And that's why that district is such a large district and continues to expand. James: Is there like a park, like an industrial park where the city or the government is allocated or is it like, is there random everywhere? Cody: They're more spread out. James: So there is no like tax incentive offered by any government or any cities, I guess. Cody: Well, yeah, certain cities will offer certain tax incentives. I know Dallas offers quite a few in certain areas and even if you start getting into like the opportunities zone areas and things of that nature. James: Got it. Got it. Got it. So, you talk in terms of industrial, in terms of square footage, right? That's what you said, or square footage and access, access is also an amenity. But I presume, what is the average price per square feet in terms of industrial buildings? Michael: So that is a very good question cause those can actually range anywhere between 50 a foot all the way up to, you know, building new. It also depends on the age of the building, ceiling height, [09:39unclear] in the building. So there's a lot of factors in industrial that you have to account for. How many docks as well. Dock high, grade level doors or are you familiar with any of these terms? James: No, no. This is all completely new. But it's important. I want you guys to share that level of detail because I want people to really learn how do you, cause I'm going to go to their underwriting later on. So that's going to features of the industrial, is that like a class A, class B, class C industrial buildings? Cody: Absolutely. Go over some of the rates that you see on some... James: Yeah. What are the class As? Cody: Are you asking for rental rates? James:  Rental rates and also buildings, right. I presume that's all correlated? Michael: Yeah. So rental rates, you'll see anything, depending, like I said, very niche-specific stuff. So like you'll see anything from $4 a foot all the way up to 10 and sometimes even higher and triple net or some of the newer industrial products coming out. And then you have if it's, you know, if it's in the less desirable area, they'll Teeter with the four to seven modified gross or industrial gross as you'll hear. And those usually have some expenses in there that are charged back to the tenant. As for space, if the space is less desirable, you're going to see more of that industrial gross number anywhere between, you know, five to seven. Newer stuff, like I said, $10, sometimes triple net, just depending on area and access. Cody: And a lot of times is that building size gets larger, that rental rate, well a lot of times go down. James: Okay. Okay. So before we probably go further, can you define triple-net because a lot of people in the residential stage, they are not used to this triple net. Can you define triple net, what does it mean? Michael: Yeah. So if you can ever in residential, try to charge them triple net. But when I was saying it's a triple net, basically it's taxes, insurance, and common area maintenance is charged back to your [11:46unclear]  Sometimes you can get an absolute triple-net deal and that's where the tenant also care of the roof and structure. It's not as common in industrial unless it's a single-tenant deal, but most of the time you're going to see this regular triple nets. James: Okay. Right. Interesting. Because we don't have that in multifamily. That'd be awesome. So triple net also means that if the property taxes go up, the landlord doesn't get any impact. We still get the rents that we supposed to get, I guess. Michael: That's correct. And sometimes, you know, your tenant, if they're a little more savvy they'll have like a protection on no higher increase in five to 10% on their common area maintenance or taxes. So let's say like your lawn guy wants to charge you way more, that'll force you to just find a new one at a more reasonable price. James: Got it. Got it. Got it. So what is the landlord responsible for then? Michael: Roof and parking lot. Structuring the building if it's triple net. Yeah. James: So does the landlord still get the tax benefits of owning the real estate? I'm presume so, right? Because you own the building, you own the roof and you own the real estate, I guess, right? Cody: Yes. So, well it depends on the tax benefits that they're getting, but if it's, you know, ownership of the real estate tax benefits, yes. Now if it's business-related or some of that nature, that's for them, obviously. James: Correct. Correct, correct. And I think the depreciation schedule for industrial and an office, I just want to cover that, is 39 and a half. Is that right if I'm not mistaken. Cody: I believe you're correct. James:  I think in residential it's 27.5 and all of the asset classes like 39 or 39.5, I can't remember. But that's a good distinction within triple net and the normal deals that we buy in multifamily. So, coming back to my question, I know we talked about different rental rates, but are there any classes that you guys have categorized in terms of industrial buildings? So it's just based on how old they are and there's no real definition... Cody: Yeah. So they do have classes, you've got B, you've got C, you've got A class and a lot of times that is determined by age and location and building quality and things of that nature. James: Okay. Okay. Got it. Got it, got it. But definitely have to be in some way accessible near to their distribution part I would say, or distribution hub. I guess Cody: That's when a lot of them like it, they are very keen on location. But like I said, I didn't have to have highway frontage. In that access is very key. James: Okay. What about the, who buys the industrial? I want to interview a buyer of industrial parks and industrial buildings and I can never find, but you guys know all these guys, but who buys...what are the typical buyer characteristics or where does it come from? What does he look for? What is his appetite in terms of investment whenever they buy these industrial buildings? Cody: Absolutely. So there's a lot of buyers for industrial and they increase every day. And you know, even for the small Bay warehouses, you know, we have so many of those people that keep pouring into the marketplace and not just Texas, but in the US as a whole. But yeah, I mean industrial probably gets some of the most cross product or cross asset buyers that we've got. You know, people from self-storage buy these, people retail, past experience, they buy these. We even have apartment owners and operators buy these. But you know, there's a lot of REITs and institutions and things of that nature that are big in it. But no, a lot of, I would say the past 10 industrial buildings that we sold, probably I think, I want to say seven of those were an out of state owners. James: Got it. Are they from coastal city? Like New York and California? Are they local? Cody: Yeah. Canada, Florida, Chicago, absolutely. James: And do you see that this one guy buying across the nation or it's still very localized? Cody: No, a lot of these people will buy across the nation, but this is a market that a lot of these people will look into.  James: Texas, they like a lot of Texas? Cody:  Oh absolutely. Yeah. And like Michael was saying, you know, because of the Dallas Fortworth economy and things of that nature, it gets a lot of eyes. James: Got it. Very interesting. So, let's go back to underwriting and industrial building. So I presume that's a rental of the building where the tenants...is it like usually one tenant or is it like multiple tenants or how does that or is it all the 17-wheelers parking need to pay rent?  Cody: Yeah, it can be one tenant. We just sold a very large complex off of 360 and about 80 tenants in it. So, it can be very, very intense with a lot of tenants. And I think the group that bought that had a lot of multifamily experience as well. James: So 80 tenants in one building. I mean, do they have like counters in it or do they have docks? Cody: Yeah, so it was a bunch of buildings in a business park and so it was about 22 of them. And so it was just park. James: So it's like an industrial park where everybody had buildings and they ran the... Cody: Yeah, they had their own suites and things of that nature. James: Okay. So if it's triple net then probably there's nothing to do with expense ratio for a landlord. Right, because you get [17:30 crosstalk] Cody: One of those, I believe, were on gross leases still, but with industrial, a lot of people that aren't on triple net are going that way. James: Okay. Explain what's the difference between gross lease and triple net? Cody: So a gross lease, you'll find a lot more in office, in general office. You will absolutely find it in an industrial and gross lease is going to be where the landlord's taking on commonary maintenance, landscaping, repairs and maintenance, you know, HVAC, things of that nature. And so it's more management intensive. Your expenses on the landlord are going to be higher and that's a gross lease. But then you start getting into other types of leases. You know, you've got full service, you got gross, you've got modified gross and you get into like net, double net, triple net. James: Oh, okay. And what about full service? As you mentioned, because I've seen Cody: So full service, you're really only going to see that in office. And what I mean by that is landlord pays everything. They pay the utilities, they pay the janitorial, they pay the common area maintenance, they pay taxes, insurance, they cover everything. A tenant goes in as you know, a price per square foot and that's all they pay. James: Got it. Got it. Very interesting. So let's go to office. I mean in general, people are worried about office. Because you know, people say the trend is working from home. So is that still true?  Cody: Not here. James: Not probably in Dallas, I guess. Cody: No. I think office is actually trending a lot more towards coworking and things of that nature. And that's a model that has just expanded and blown up like crazy, especially out here in Dallas, Fortworth. James: So what is a typical investor who's looking to buy office space, office buildings? Where do they come from, what do they look for in an office? What kind of hold time do they have usually? Michael: Yeah. So their hold time can range anywhere between five and seven years. But you know, we just did a major value-add project in Plano where Toyota's headquarters is. State Farm had moved out and it was probably 20% occupied. That buyer actually, you know, did a bridge loan and he's going to go ahead and get that filled up very quickly, just cause the area's occupancy is not any lower than 80, 85%. But where these buyers come from, same thing as the industrial guys, cause a lot of industrial buyers also look at office and office guys look at industrial as well. But like I was telling you the other day on the phone, we've noticed a huge influx of multifamily buyers moving into office just because the returns are a little higher. And so, we had like that last guy, California we've got one in Chicago looking at one of our deals right now. We've got a couple of local groups out here that know these office buildings really well too and they know the trends of the area and how the occupancy is. So one specifically we're working on right near White Rock Lake in Dallas. That one's at 92, 93%, and that one's always been full ever since anybody can remember. So that's where these buyers come from. Any other questions? James: Yeah. How do you decide this office space is in a good location? Other than knowing, I know Plano is hard and I know free score is hard, but how, what are the parameters you look for in terms of like like you know, jobs growth in that particular submarket? Michael:  So, yeah, so you look for competition within the area for that office building, comparables in that market to the building because if you know the market really well and you know every building, you'll see that some gives you like a better bang for your buck. You know, some will have a lot of amenities that they're starting to offer. [21:48unclear]  groups are starting to do incubator spaces where they have a smaller coworking model and then their tenants will grow into spaces that are available in their building that they have rooms. And so they'll convert, you know, a small executive office and they can charge anywhere, you know, 35 to $45 per square foot just for a room. And as that tenant grows, they can grow within the building. But if you want to look at like specific markets like Las Colinas Irving area, are you familiar with that area? James: Yeah. Michael: Yeah. So you know that area has a lot of office and that's one thing you need to make sure of when you're looking at a deal. How many other class B or class A properties can your tenants look at before they commit to a space? But if you're looking over in Dallas, like where White Rock is, our building is the only building for the next two or three miles before you hit a highway, either going towards 75 or going North towards 635. And so that's why this building has been able to capture a lot of the people who don't want to drive all the way to 75 and fight that traffic every day or drive North on  635 and fight with that traffic as well. James: So you probably look at a cost, what the VPD, vehicle per day drive on that nearby highway, I guess. And I think you probably...I mean, as you mentioned, you look at other office supply in that area and I'm presuming you look at vacancy rate as well, on nearby office. And what tool do you use? Is it CoStar that you guys is primary for this industrial and office? Cody: Yeah. So there's a lot of tools you can use CoStar and Craxi and things of that nature. There's a lot of, you know, real capital analytics as well. They track a lot of good stuff. What I would also say on the office side is it's probably one of the product types. It's a little closer to multifamily as far as kind of a how to make them successful and things of that nature. Because, you know, when people go look at a multifamily complex, they usually have a couple options. And so a lot of times what they'll look at is amenities, access, recent renovations, things of that nature. What can they do for me on a new move in? And so office is very much a model that is driven just like multifamily. And so, keeping up with the times, making sure the renovations are good, making sure the building offers things like the deli or wifi and stuff of that nature or coworking style environment. Those things all help office buildings succeed. James: Got it. And what about this vacancy rate? Cause sometimes they're not...I mean multi-families and people that need a place to leave and vacancies are pretty low I guess comparatively to office, I mean different tenant profile. Right. So what is the average vacancy rate? I mean, how do I know like this area, this is the vacancy rate because somebody can be like six months, one year or somebody can be a few months, right? Depends on the area, I guess. How do you determine what is the vacancy rate for office and what are the lease terms in office? Cody: Absolutely. So the vacancy rate is going to be area driven. And so, you'll have certain areas like downtown Fortworth, which will have a certain vacancy rate and then that is going to be very much different than Las Colinas, downtown Dallas, Plano Allen, McKinney, Frisco. We pulled something earlier today working on a few things out in the Allen and McKinney area up there by Frisco and you know, they're class B office spaces around 5% on the vacancy side, which is very good for office, especially with more and more supply continuing to come up out there. In Los Colinas, it's gonna move a little bit more. And so, in my career, I've seen Los Colinas go down to almost 30%, and come up to somewhere around 10. But there's a lot of supply out there and there's always things shifting. Fortworth, I believe their occupancy is higher than what's being shown, but that's because XTO owned a bunch of the office product out there at one time and they recently sold a lot of that off. So some of that's being converted to hotels and things of that nature. But what you want to look at when you're buying an office building is yes, the area of vacancy, the area rental rates, but also the velocity of tenants, how many tenants are moving in that area. And then you also want to look at what are the size of tenants, the square footage sizes that we have and what is really the area tenant size. And so, some people will buy a building and they'll have 10,000, 15,000 square foot units, when the area is really commanding three to 5,000 square foot tenants. And so they'll see a lot longer on market time. And so what they need to do is chop those spaces down. James: And do people who buy, you know, I just want to add industrial. So industrial office, are they people who syndicate deals, like what a lot of multifamily people do? Or is it REITs or is it some institutional or some rich guy from the coastal areas? Cody: It can be a rich guy like yourself or it could [27:23crosstalk] James: I'm in Austin, Texas.  Cody: It varies. When you start dealing under $5 million, a lot of that's going to be private. James: But is it a lot of syndication happening? Cody: Oh yeah. James: Oh really? Okay. So, syndication is not a multifamily game only is also in the office and industrial. Okay. That's really good to know because I didn't know that. Michael: Yeah. And to go back on your question, you're asking about these terms. So you want to make sure that, area driven but you also want to make sure that your TIs are not going to eat you alive. James: Yeah. So TI is tenant improvements; just for our audience, for them to know. Michael: Yes. So and you'll see a lot of these guys in office that are moving. Sometimes they really want like a gold plated wall finish out and you just can't do that for them. You need to make sure you get that lease term where it can get your TIs not in the red for the first year. I even try to keep that around like $10 or so per square foot. But you'll see those terms go just depending on what they need done to the space, how many offices they need built out. You'll see that range anywhere between three years, five years, seven or 10, sometimes 15. That's really big one that's usually the range you'll see on a lease term. James: Got it. So I think it's all up to negotiation and how much the landlord is going to pay and how strong is the lease terms and all that. How do you qualify your tenants? I mean, let's say I'm a buyer, I'm buying an office space with 10 different tenants in it, how do I say this is a class A tenant, this is a class B tenant and this is a class C tenant. And how do I say that? Michael: So when we underwrite a lot of these deals, we're looking at the tenants, how long they've been there. We can also reach out to the seller or ourselves if we know the tenant what their credit rating is. And you can give a write upon them. Like we were selling a three tenant deal out in Las Colinas and some of the tenants themselves put in their own money. They put in 500,000 in improvements to the space work for them. So that was one of the things that we made sure that we had in our OM when we were underwriting that deal and how much time they had left. Cause when you're looking at these, you're like, Oh man, this guy, he's only got a year or two left. But you know, a year or two ago they put $500,000 into this space. So sometimes it was a really big key factors, explaining these commitment levels of the tenant. James: So you said credit rating. Is there data that you pull out from them or you just look at history and how they [30:18unclear] Michael: Yeah, all those things combined. James: But is that something that way you can pull from the credit rating of the tenants? Is that a system or you just have to look [30:30unclear] Michael:  Yeah, not always, but you know, when you're working a lease deal when I used to lease back from the day, we would get tenant financials from them, sometimes, yeah. James: So based on their financials and what's their commitment to the space that's where you establish their credit rating, I guess? Michael: Yes. And comfort level and then like, Oh, okay. I feel like their financials are good enough for me to say. James: So it's very subjective then because I mean, somebody who want to sell the deal, he may say to all my tenants are A-plus credit rating, I guess. So, I'm just trying to quantify that a bit more, but I think it looks like there's no real... Cody: Sometimes you would have like an A-plus credit rating or something of that nature is when you've got like a DaVita or something of that nature in the building or a FedEx or something like that. But a lot of times, office buildings will have, you know, a little bit more generic companies, local regional firms. And so that's why Michael said if they're going to spend a lot of money on the finish out, they'll say, Hey, we'd like to see your business financials just so we can make sure that the money we're spending that you look like someone's going to be in business for the term. And you know, they're pretty much used to that. James: Got it. Got it. So let's say a building is being sold right now and some of the residents have like one or two years left in their lease. If they get to know that somebody's going to buy this building, will they start negotiating with the new buyer or the new buyer have an option to know whether they're going to be renewing? How does that work? Cause you know, that basically increases your risk. Michael: Yeah. So typically they do not know until you're pretty far along in the process. So they'll usually get attendant estoppel, which will signal to them that, Hey the building may change hands to a new owner. But although they're getting that, it's mainly just a lease verification to make sure also their security deposit is transferred over as well. And you know, you don't want to alert the tenants, but you also want to make sure that when you're working on these, they're paying what they're saying on the OM and it's matching what it has on the estoppel as well. James: Got it. Got it, got it. Well, Michael and Cody, thanks for coming. I mean, can you tell our audience and listeners how to get hold of you? You guys are doing really big deals in the DFW area. I'm not sure, are you guys covering any of the areas other than DFW? Cody: I'd say 95% of the business that we've got is in DFW now. We will branch out and sell a couple of things here and there. We're actually about to bring out a 20 story office tower out in Corpus Christi. That's a relationship that we have. James: Let me know if some of the towers in Austin is coming for Salem. Probably I can even buy one. Cody: Absolutely. James: I just heard there are 37 new towers coming in Austin. Cody: Well, there's a lot of people that are looking out there, I can tell you that. James: Yeah. So why not you guys tell our audience how to get hold of you guys. Cody: I'll do it. So yeah, Cody Payne, Michael Tran. Our number is (817) 840-0055, we're with Colliers International, we're office and industrial specialists and we've got some really good self-storage and retail guys here as well. James: Good, good. Guys, look for a specialist because all this asset class, there's a lot of nuances to it as so much of details. Not everybody can do this. And you know, these guys are some of the best in the industry. Thanks for coming on Cody: See you.

Hey everyone,  Sorry for not having an episode last week, I was trying to overcome some very new personal difficulties and now everything has finally been smoothed out, Today, I wanted to bring on a person that has truly changed my life for the better. I mention him a lot and I finally got a chance to bring my boyfriend on for an episode, As, I've mentioned before we don't really clash platforms very often but I hope you all enjoy this episode as much as we enjoyed recording it for you all.  Check out Michael Tran on these platforms: *S.I.T.F.U w/ Michael Tran Podcast * Instagram @Officialmichaeltran * Youtube Michael Tran --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Today I get to have lunch with one of my close friends Michael Tran. Michael is bare foot enthusiast, blue belt in Brazilian jiu-jitsu, dentist, well educated man and arguably one of the most in shape people I know. We discuss his journey about barefoot running, jiujitsu, what it's like being a dentist and sharing our perspectives in training. Lots of great information in this one. You can follow Michael on Instagram @mycool_tea

In this episode we talk real estate. Our guests John Oliveri & Michael Tran From Property Works New England, explain how engaged couples, just married couples and wedding professionals can take advantage of todays real estate market.   Be Engaged and Inspired Podcast Episode 37: Talking Real Estate with John Oliveri & Michael Tran From Property Works New England.  Hosts: Kia and DJ Sam Guest: John Oliveri & Michael Tran From Property Works New England Music: “Kia & DJ Sam's Tune” by Marty Q We need your help! The Be Engaged And Inspired Wedding Podcast is listener-supported. Therefore, we need YOUR help to continue this podcast. So, please make a donation at the ATMOSPHERE PRODUCTIONS Venmo business profile page or go to our Anchor page - and click on the SUPPORT button to make a donation and help support this podcast. Do you have a question or comment? Then contact us at engagedct@gmail.com or djsam@atmosphere-productions.com Produced By Atmosphere Productions in association with Engaged Connecticut The Be Engaged And Inspired Wedding Podcast is monetized.  Therefore, the content and affiliate links come from various platforms and may change. However, it doesn't cost the user anything when links are clicked. Moreover, this allows Atmosphere Productions LLC and Be Engaged And Inspired Podcast to fund the site and provide a service to the wedding community. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/sylvester88/message Support this podcast: https://anchor.fm/sylvester88/support

On part two of a two-part interview, we have Michael Tran explain the nuances when it comes to real estate property investing. You think owning just one place is hard work? Imagine owning multiple and dealing with tenants! Be sure to subscribe so that you're following along our journey and please also review/give us a 5-star rating! Feel free to follow the dolls on the following platforms. If you have a question, please email/DM us and it could be answered in a future episode!Michael Tran's Info:Email: MDTmichaeltran@gmail.comPod Email: LGREpodcast@gmail.comPod Instagram: LGREpodcastGerard Instagram: https://www.instagram.com/gerard_rea/Realtor website: https://www.gerardrea.com Tom Instagram: https://www.instagram.com/theepitomeofsass/Twitter: https://twitter.com/epitome_ofsass

It's all in the family for this week's episode! In the first of a two-part interview, we have Tom's older sister Linh and her long-time partner Mike on the show to share how they navigate their respective businesses and the ways they cultivate each other's successes. Linh runs a special-event design/planning business, while Mike is a real estate investor. Please tune in next week for part 2!Be sure to subscribe so that you're following along our journey and please also review/give us a 5-star rating! Feel free to follow the dolls on the following platforms. If you have a question, please email/DM us and it could be answered in a future episode!LinhByDesign's Business Info:#RealiseYourCreativeDreamsWebsite: http://www.linhbydesign.comPhone (Call or text!): 617-935-0955Email: Linh@LinhByDesign.comPod Email: LGREpodcast@gmail.comPod Instagram: LGREpodcastGerard Instagram: https://www.instagram.com/gerard_rea/Realtor website: https://www.gerardrea.com Tom Instagram: https://www.instagram.com/theepitomeofsass/Twitter: https://twitter.com/epitome_ofsass

FLOSS Dental is now under new ownership as they announced that Dr. Michael Tran was appointed the role of Chief Executive Officer. Since he joined FLOSS, Dr. Tran is looking to carry the torch for the FLOSS concept and naturally grew into the part of the brand's ambassador. FLOSS is honored to have him at the helm as they build the brands vision and reach. Dr. Minesh Patel is now the company's Chief Financial Officer. Dr. Patel was one of the company’s first brand partners and has become a pillar on the team that is growing and shaping the future at FLOSS. Damien Morales will serve as the company's President and franchise developer. He'll employ the knowledge and skills he learned from franchise industry leaders like Golds Gym International, where he served as National Franchise Director. Together this group is poised to take the brand nationwide and bring, 'A New Experience in Dentistry' to patients across the country.

Nerd Atmosphere Episode 3 - Lets talk Dating, Rants and Life!!! Featuring Michael Tran On this Episode talk with first official guest Micahel tran good friend of mine and are experiances in life, perspectives and BAD DATING STORIES!!! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/nerd-atmosphere/support

Premium Smartphones seem to get plenty of attention in the media, but what about the other end of the market? Andy chats with Michael Tran, Managing Director of OPPO Australia about their entry level offerings and what to look for in a low-cost phone.

What is your Easter story – Part 2? Three FHC members (Michael Tran, Heidi Sposato, and Mike Jacob) share how the life, death, and resurrection of Jesus impacted and continues to form who they are.One of our #fhcTAKEAWAYS stated: What is your Easter story?We would love to hear your story! Please reach out to us directly from the FHC Mobile App. You can share by using the Media tab, and then - Podcast banner - use the text and email share buttons, or use one of the following:■ Text/Voicemail: 407-965-1607■ Email: podcast@hospitalchurch.org■ FHC Mobile App: Media Tab/Podcast Banner and Use Text and Email links■ Social Media: #fhcPODCAST / #fhcTAKEAWAYSTune in every Wednesday as we take a look back at our prior week's message for unique takeaways, added perspective, and a peek at the upcoming message at the Florida Hospital Church. Thank you for joining us and we will see you next week for a first time FHC Retreat surprise during Episode 151! NEW!!! Stream :15 With Andy, Randy, & Jeff on Spotify!: https://open.spotify.com/show/3Xy1JKKnnWIiZayBfSFdUZ?si=HBn5jlVkQyqmSGJofnuFGg (https://open.spotify.com/show/3Xy1JKKnnWIiZayBfSFdUZ?si=HBn5jlVkQyqmSGJofnuFGg)Find all of the #fhcTAKEAWAYS in the FHC Mobile App under “This Week” on the FHC Tab and they will be included with their corresponding message!Watch the message that coincides with this episode in the FHC Mobile App by clicking on Media and then Archives or go to our website: http://hospitalchurch.org/sermon/easter-my-story/ (http://hospitalchurch.org/sermon/easter-my-story/)Download our App by going to our website: http://hospitalchurch.org/fhcapp (http://hospitalchurch.org/fhcapp)Say hello on Twitter; https://twitter.com/floridahc (https://twitter.com/floridahc), Facebook; https://www.facebook.com/hospitalchurch/ (https://www.facebook.com/hospitalchurch/); Instagram; https://www.instagram.com/floridahc/ (https://www.instagram.com/floridahc/); and use one or all of the #hashtags - #fhcPODCAST #fhcTAKEAWAYS #fhcINSPIRES #Easter

With the so much of the buzz around the diverse line-up of contenders at this year's Oscars, we try to unpack what it all means. Stephen Ruiz does a deep dive into the compelling "Hollywood Diversity Report," authored by Dr. Darnell Hunt, Dr. Ana-Christina Ramón, and Michael Tran of UCLA's College of Social Sciences. He looks at the numbers, and talks about how this overlaps with tech, and what this means for a polarized society that's becoming more and more diverse everyday. Grab your popcorn!

Kmart stops selling DVDs – is this the beginning of the end for physical media, Vodafone simplifies its NBN plans, we chat with Oppo executive director Michael Tran about the R15 Pro and Find X smartphones, we take a look at the world's smallest device to help sleep apnea sufferers, we check out the latest Dyson challenger, the phone holder for your car that can charge your device wirelessly and we finish off with the Tech Guide Help Desk. Learn more about your ad choices. Visit megaphone.fm/adchoices

Kmart stops selling DVDs – is this the beginning of the end for physical media, Vodafone simplifies its NBN plans, we chat with Oppo executive director Michael Tran about the R15 Pro and Find X smartphones, we take a look at the world’s smallest device to help sleep apnea sufferers, we check out the latest Dyson challenger, the phone holder for your car that can charge your device wirelessly and we finish off with the Tech Guide Help Desk.

Thomas is a co-founder of the Peli Peli Restaurant Group, with three locations in Houston, Texas. Currently Peli Peli is ranked in the Top 5 in Houston on both Tripadvisor and Yelp. In 2015, Thomas was named as one of Houston Business Journal's 40 Under 40 for his philanthropic efforts. Thomas, along with his partners Chef Paul Friedman and Michael Tran, were featured in an episode of Restaurant Startup (Season 3) on January 27, 2015 and received the largest offer in Restaurant Startup history.