In a market teeming with opportunities, how can investors discern the right paths and avoid the pitfalls in real estate investment?

Join us as we speak with Brian Cohen, CEO and President of Andover Properties. For the past 20 years, Brian has been at the forefront of the US real estate market, specializing in self-storage, industrial, and car wash properties. We discuss his journey to success, the current commercial real estate market cycles, and what investors should look for when investing in multifamily or commercial real estate. Brian shares his top tips for investing, including the importance of thorough research before committing funds and how to take advantage of tax efficiency through long-term investments. 

Tune in to discover why Brian believes now is a great time to invest in real estate!

[00:00 - 08:03] Brian Cohen: Navigating the Rocky Road Ahead in Real Estate

• Brian is the president and co-founder of Andover Properties since 2003

• One of the largest private owners and operators of self-storage facilities in the US

• How Brian has moved into other forms of alternative real estate asset classes

• Brian's father was in the clothing manufacturing business when they started the company

[08:04 - 16:21] Investing in Real Estate with Seasoned Investors

• How the market is changing and providing opportunities for investors

• Investing in real estate requires caution and researching the operator/owner

• Andover has provided equity-sized returns to investors and overachieved pro forma expectations

• Long-term cash flow is the goal, with tax efficiency in mind

[16:22 - 25:22] Unlocking Double Digit NOI Growth

• How Brian has achieved double-digit NOI growth

• Iterating ways to make money and cut expenses

• Long-term investments can range from 10 to 20 years

• Brian introduces the Storage King USA

[25:23 - 28:54] Wrapping Up!

• How to reduce expenses and increase revenues

• Why it is a great time to invest in real estate

Want to connect with Brian? Follow him on LinkedIn. Visit Andover Properties, a trusted and experienced partner for niche asset classes!

Key Quotes:

“Just make sure you're doing your homework on who you're investing with.” - Brian Cohen

“When we stopped seeing growth is when we want to be exiting a property.” - Brian Cohen

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