Commercially Speaking Podcast- Commercial Real Estate Investing That Entertains Bo Barron, CCIM | Timmy Barron, ADHD

n a heartwarming and insightful episode of "Commercially Speaking," Bo and Timmy Barron welcome a very special guest live in the studio – their father, Bill Barron. This episode dives deep into the rich history of Barron Commercial Group, tracing its origins and evolution through the eyes of its founder, Bill Barron.

What You'll Learn:


Foundational Stories: Journey back to Bill's childhood as he shares memories of working alongside his father on construction sites and his early experiences in the real estate industry.
Career Evolution: Discover how Bill's first CCIM class transformed his career trajectory, leading him to eventually buy the family business and focus solely on commercial real estate.
Faith and Transformation: Hear the inspiring story of how Bill and his wife Jo's lives changed after becoming born-again Christians in 1986, simplifying their business and attributing their success to their faith.
Family Anecdotes: Enjoy hilarious and touching stories of Bo and Timmy's childhood antics, and how their upbringing influenced their careers in commercial real estate.
Legacy of Leadership: Learn valuable lessons from Bill's journey, including the importance of faith, family, and focusing on one's strengths in the business world.

This episode is a celebration of the Barron family's legacy, filled with wisdom, laughter, and heartfelt moments. It's a must-watch for anyone interested in the personal stories behind successful CRE professionals and the role faith and family play in their lives.

Tune in to "Commercially Speaking" for an episode that honors the past while inspiring the future, showcasing the values that have shaped the Barron Commercial Group into what it is today.

00:00 - Start
01:29 - Name that tune!
08:37 - Introducing our special guest!
10:24 - Shoutout to Sheldon James Barron!
11:14 - The History
11:40 - Griffin Electric
12:44 - Barron Homes
15:07 - Small man of the year award
18:02 - Barron owned
18:37 - 1st CCIM course
24:38 - The Pee Calf Story
28:28 - 1986 - Jesus changes the business
32:18 - Wood, Hay and Stubble Box
34:14 - The abundance of simplification
36:42 - Living Debt free!
39:17 - I only lived in 3 houses.
40:56 - Dad made me do it
41:39 - Working with your kids
44:13 - Bo’s near miss
45:27 - When Timmy Snuck Out
51:45 - Timmy sneaks out again
52:54 - Regrets/advice
55:46 - World’s Best Dad
59:11 - Pop Quiz!

📒Show Notes📒

🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
https://subscribe.wgbarron.com/?utm_source=newsletter_share

SUBSCRIBE and LISTEN to Commercially Speaking Here:
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Youtube: https://www.youtube.com/@commerciallyspeaking
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Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
For all CRE inquiries visit http://www.barroncommercial.com

Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron


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In this pivotal episode of "Commercially Speaking," Bo Barron takes the insights from the previous market analysis episode to the next level, demonstrating how to turn gathered data into money-making decisions. Whether you're a broker, investor, or developer, Bo walks you through his tried-and-true process for making informed decisions, mitigating risk, and growing wealth in the commercial real estate (CRE) market.

What You'll Learn:


Recap and Integration: A quick recap of the data gathered in the last episode sets the stage for deeper analysis and actionable conclusions.
Threshold Rent Concept: Bo introduces the crucial concept of threshold rent, explaining how it impacts decision-making in CRE.
Economic Base Analysis: Learn step-by-step how to conduct an Economic Base Analysis, using a real-world example of a job announcement that could add 400 basic jobs to the Space Coast by the end of 2024.
Strategic Decision-Making: See how Bo integrates all the information to reveal the strategic decisions he would make to capitalize on market opportunities.
Real-World Application: Bo shares a recent example of a deal he pursued based on similar analysis, providing practical insights into how these strategies work in real-life scenarios.

This episode is a must-watch for anyone in the CRE industry looking to enhance their decision-making process. Bo's expert guidance will equip you with the tools and knowledge to make data-driven decisions that lead to significant financial gains.

Tune in to "Commercially Speaking" and learn how to transform market data into profitable actions, ensuring you stay ahead in the competitive world of commercial real estate.

00:00 - Start
00:25 - Shoutout!
01:22 - Timmy fools Bo with magic!
04:07 - Recap
06:11 - Shifting
07:19 - Corrections from last episode
10:07 - Recap of the Space Coast Market
15:07 - NAICS Code clarification
17:49 - Back to the recap
22:20 - Threshold rent
26:50 - Job Announcement
41:02 - How much do we build?
42:54 - The investor’s lens
45:44 - Real World Example
49:03 - Outro

📒Show Notes📒

🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
https://subscribe.wgbarron.com/?utm_source=newsletter_share

SUBSCRIBE and LISTEN to Commercially Speaking Here:
Youtube: www.youtube.com/@CommerciallySpeaking
Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330
Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking
Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking

📲 Connect with us:
Youtube: https://www.youtube.com/@commerciallyspeaking
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Facebook: https://www.facebook.com/commerciallyspeaking
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Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share

Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
For all CRE inquiries visit http://www.barroncommercial.com

Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron


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Join Bo and Timmy in this highly anticipated episode of "Commercially Speaking," where Bo combines the powerful insights from the last two episodes to conduct a live market analysis for one of our listeners' chosen markets. Using Site To Do Business and Moody's Market Pro, Bo gathers and interprets both demand and supply side data to provide a comprehensive analysis.

What You'll Learn:


Real-Time Market Analysis: Watch as Bo demonstrates the process of collecting and analyzing market data in real-time, showcasing the practical application of the tools discussed in previous episodes.
Demand and Supply Integration: Learn how to effectively integrate demand and supply data to form a complete picture of the market, enabling more informed decision-making.
Investigative Techniques: Bo reveals the investigative steps every CRE broker or investor should take to gather the best possible information, mitigating risks and gaining a competitive edge.
Actionable Insights: See how the analysis translates into actionable strategies that can help investors make serious money in the chosen market.

Whether you're a CRE professional looking to enhance your analytical skills or an investor seeking to understand the intricacies of market analysis, this episode is packed with valuable insights and practical advice. Tune in to "Commercially Speaking" and learn how to perform a thorough market analysis that can guide your investment decisions and boost your profitability.

00:00:00 - Start
00:00:46 - Fart Smeller
00:02:14 - Bo figure’s out the magic
00:07:41 - What are you teaching me today?
00:11:12 - Who is doing this work?
00:13:20 - Site To Do Business (Demand Side Data)
00:14:39 - Executive Summary
00:15:00 - Population
00:16:09 - Median Age
00:16:28 - Households
00:17:05 - Household Income
00:17:46 - GINI Index
00:20:01 - Renters vs Owners
00:20:38 - Business Summary
00:21:09 - Population to Employment Ratio
00:21:53 - Economy Diversification (NAICS Codes)
00:24:11 - Moody’s (Supply side data)
00:25:45 - REIC Report for Melbourne
00:26:08 - Executive Briefing
00:26:59 - Market Overview
00:27:30 - Competitive Inventory
00:30:57 - Long Term Average Vacancy
00:39:28 - Market Transactions
00:40:51 - Segmented Transactions
00:41:43 - The Pipeline
00:42:27 - Shift Share Analysis
00:43:10 - National Growth
00:43:59 - Industry Mix
00:44:50 - Regional Shift
00:45:14 - Comparative Advantage
00:49:01 - Filling in the gaps
00:51:31 - Regional shift conclusion
00:52:14 - Economic Base Analysis (EBA)
00:52:28 - Basic Jobs
00:53:09 - Non-basic Jobs
00:53:59 - Economic Base Multiplier (EBM)
00:56:09 - Desegregated EBM
00:59:00 - Market Cycle
01:01:37 - Expectation from Market Cycle data
01:03:39 - Wouldn’t the dip be more severe?
01:05:51 - So what is your conclusion?
01:06:42 - In Summary
01:09:38 - Why not give it a Goog?
01:13:16 - On the next episode of Commercially Speaking

📒Show Notes📒

🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
https://subscribe.wgbarron.com/?utm_source=newsletter_share

SUBSCRIBE and LISTEN to Commercially Speaking Here:
Youtube: www.youtube.com/@CommerciallySpeaking
Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330
Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking
Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking

📲 Connect with us:
Youtube: https://www.youtube.com/@commerciallyspeaking
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Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share

Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
For all CRE inquiries visit http://www.barroncommercial.com

Timmy

Continue your journey into the depths of commercial real estate (CRE) market analysis with this insightful episode of "Commercially Speaking." Following the exploration of demand quantification using Site To Do Business, Bo Barron, CCIM now turns his attention to the other crucial component: Supply. Join Bo as he introduces Timmy Barron, ADHD to the powerful capabilities of Moody's Market Pro, demonstrating how to effectively quantify the supply side of a market analysis.

What You'll Learn:


Understanding Supply Dynamics: Bo explains the importance of quantifying supply in CRE and how it complements the demand side to provide a full market picture.
Using Moody's Market Pro: Discover how to navigate Moody's Market Pro to gather the essential data needed for supply analysis. Bo walks Timmy through the tool, showing him the types of data available and how to access and interpret them.
Practical Application: Learn how to use these insights to make informed decisions about when and where to build, buy, or sell. Bo shares examples of how he uses this data to advise his investors, ensuring they make the most profitable moves based on current market conditions.
Preparation for Comprehensive Analysis: Get a preview of what's to come in the next episode, where Bo will conduct a full market analysis using both demand and supply data. This episode sets the stage for a deep dive into a listener-chosen market, demonstrating the application of these tools in a real-world scenario.

Whether you're a broker, investor, or just a CRE enthusiast, this episode is packed with essential knowledge and tools to enhance your understanding of market dynamics. Tune in to "Commercially Speaking" to ensure you're equipped with the skills to analyze and act on market data effectively.

⏰Time Code⏰

00:00:00 - Start
00:01:53 - Special Shoutout
00:03:10 - Saving Private Ryan
00:04:23 - TreppWire Podcast Try-On Haul!
00:06:43 - Welcome!
00:08:02 - Market Analysis Demand Re-cap
00:11:37 - Quantifying Supply
00:15:28 - Moody’s: The tool for supply side data
00:23:28 - REIS Report
00:26:25 - The competitive advantage of being a smaller market
00:27:09 - CBD Office Report
00:36:12 - The Narrative: REIS Report of a larger market
00:42:23 - Downside scenarios
00:44:22 - Moody’s has made REIS reports affordable
00:45:18 - How do you get the info for the smaller markets?
00:46:44 - Long Term Average Occupancy
00:48:24 - Forecasting when to build more supply
01:01:17 - Quick Overview of what else Moody’s can do
01:03:34 - A peek into the next episode!
01:04:11 - Final words

📒Show Notes📒

🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
https://subscribe.wgbarron.com/?utm_source=newsletter_share

SUBSCRIBE and LISTEN to Commercially Speaking Here:
Youtube: www.youtube.com/@CommerciallySpeaking
Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330
Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking
Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking

📲 Connect with us:
Youtube: https://www.youtube.com/@commerciallyspeaking
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Facebook: https://www.facebook.com/commerciallyspeaking
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Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share

Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
For all CRE inquiries visit http://www.barroncommercial.com

Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron


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Dive deep into the world of commercial real estate (CRE) data analytics with Bo and Timmy in this fascinating episode of "Commercially Speaking." Discover how the powerful tool "Site To Do Business" can transform the way brokers and investors make decisions by providing detailed demographic analyses and visualizations.

What You'll Learn:


Data-Driven Decisions: Watch as Bo demonstrates the vast capabilities of Site To Do Business, showcasing how to extract and interpret complex demographic data to uncover market trends and consumer behaviors.
Demographic Cocktails: Learn from Bo as he guides Timmy through the creation of "demographic cocktails," a method of combining various data sets to reveal unique insights about specific locales. In a captivating case study, they explore Boulder, Colorado to identify where the most beer drinkers live and how beer consumption relates to income levels.
Strategic Mapping: See how demographic information can be visually represented on maps, enhancing the ability to pinpoint and target specific markets for CRE investments and developments.
Practical Applications: Understand the practical implications of these insights for real estate professionals. From selecting the optimal locations for new developments to identifying under-served markets, the episode highlights how to use data to drive profitability and reduce investment risks.

Join Bo and Timmy as they unveil the potential of Site To Do Business to arm CRE professionals with the data needed to make smarter, more informed decisions. Whether you're a seasoned investor or a newcomer to commercial real estate, this episode is packed with valuable insights that will help you leverage data for success in your ventures.

⏰Time Code⏰
00:00:00 - Start
00:02:18 - Guess The Tune!
00:06:26 - Market Analysis Drawing coming up!
00:07:58 - Bo in NYC
00:11:47 - Don’t do this
00:17:01 - The Site To Do Business
00:18:29 - Demographics
00:19:08 - 2 types of geography
00:22:00 - Dublin (Limited data outside the US)
00:24:20 - The data on the people of Boulder, CO
00:26:30 - Executive Summary Report: The first to be pulled
00:34:51 - The Business Summary (2nd report to run)
00:38:50 - Psychographics
00:42:27 - Dorms to Diplomas
00:47:18 - Urban Chic
00:50:19 - Heat Maps
00:52:16 - Drank the most beer in the last 6 months?
00:55:52 - Wanna see something really really cool!?
01:06:15 - Quantifying Supply
01:07:55 - Pop Quiz
01:13:09 - Shoutouts!

📒Show Notes📒

🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
https://subscribe.wgbarron.com/?utm_source=newsletter_share

SUBSCRIBE and LISTEN to Commercially Speaking Here:
Youtube: www.youtube.com/@CommerciallySpeaking
Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330
Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking
Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking

📲 Connect with us:
Youtube: https://www.youtube.com/@commerciallyspeaking
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Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share

Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
For all CRE inquiries visit http://www.barroncommercial.com

Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron


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Explore the tiers of commercial real estate (CRE) investing in this enlightening episode of "Commercially Speaking." Join Bo Barron as he shares his personal journey through the evolving stages of CRE investment, from his initial ventures using 100% financing to his current role in establishing a fund focused on supporting ethical and impactful sponsors.

What You'll Discover:


Investment Tiers Explained: Understand the different levels of involvement and commitment in CRE investments, as Bo outlines his progression through each tier.
Early Challenges: Hear about Bo's early experiences with failed syndication attempts and how these shaped his approach to partnerships and investments.
Successful Syndications: Learn how Bo eventually found success as a general partner in multiple syndication deals, growing each project in scale and sophistication.
Fund Creation: Discover the criteria Bo uses to select sponsors for his new investment fund, aimed at promoting responsible and beneficial real estate developments.
Investor Mindset: Gain insights into the mindset required at each stage of investment, whether you're looking to actively manage properties or trust your funds to skilled operators.
Personalized Paths: Bo emphasizes that every investor's journey is unique, illustrating this with a story of a couple who found satisfaction in a modest but profitable portfolio of rental properties.

Filled with practical advice, personal anecdotes, and a touch of humor, this episode is a must-watch for anyone interested in CRE investing, from brokers eager to sit in their client's seat to passive investors looking to place their trust in capable hands. Tune in to "Commercially Speaking" for a comprehensive look at the investment tiers that could define your path in the world of commercial real estate.

⏰Time Code⏰
00:00 - Start
01:30 - Shoutouts
03:51 - Overuse of the word “idiot”
04:57 - Flipping The Bird
09:28 - Bo’s Timeline of Investing
11:31 - The Broker Mindset
12:54 - The Investor Mindset
16:08 - What types of people become investors?
18:31 - Tier 1 - Bo’s Failed Syndication
19:19 - Tier 2 - Bo’s accidental partnership
19:53 - Tier 3 - Syndication Central
20:36 - Syndications Are A Lot Of Work
21:38 - Tier 4 - The FUND
22:49 - Fund vs Syndication
26:12 - What you can do with a fund
26:58 - Should a sponsor look for fund money?
28:33 - Is there another tier?
29:19 - How To Start investing yourself
30:36 - What Makes A Good Sponsor?
34:31 - Does that answer the question?
35:20 - The Importance of Collaboration
37:19 - What’s Coming Up!

📒Show Notes📒

🎉SIGNUP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE:
https://subscribe.wgbarron.com/?utm_source=newsletter_share

SUBSCRIBE and LISTEN:
Youtube: www.youtube.com/@CommerciallySpeaking
Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330
Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking
Amazon Music: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb/commercially-speaking

📲 Connect with us:
Youtube: https://www.youtube.com/@commerciallyspeaking
Instagram: https://www.instagram.com/commerciallyspeaking/
Facebook: https://www.facebook.com/commerciallyspeaking
Tiktok: https://www.tiktok.com/@commerciallyspeaking
Newsletter: https://subscribe.wgbarron.com/?utm_source=newsletter_share

Bo is a CCIM Instructor, creator and manager of The Hearth Stone Fund, and the owner and operator of Barron Commercial Group servicing Western KY and it's surrounding markets.
For all CRE inquiries visit http://www.barroncommercial.com

Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron


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Send in a voice message: https://podcasters.spotify.com/pod/show/commerciallyspeaking/message