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Podcast: Your Financial Pharmacist
Episode: YFP Real Estate Investing 42: How a Pharmacist Bought a Five Million Dollar Strip Mall
Description: Tanh Truong discusses the differences and similarities between the residential and commercial real estate spaces and why he purchased a five million dollar strip mall. Key Points From This Episode An introduction to today's guest, Tanh Truong, and his five million dollar investment. The building's location, size, tenants, and price. How he discovered the deal on a poorly marketed website. The two anchor tenants: Dollar Tree and Loman's Furniture. What led him to consider investing in commercial property over residential homes. How cap rates are used to measure how well a property is doing. Why a higher cap rate usually...