David Puchi's guest appearances

David Puchi

BiggerPockets Real Estate Podcast

Real Estate Investing for Cash Flow with Kevin Bupp

Michael Becker

Brandon Turner

Ken McElroy

Brian Burke

Michael Blank

Kathy Fettke

Seth Williams

Mike Sherwood

Joe Fairless

Dave Van Horn

Phillip Syrios

Glenn McCrorey

Jeff Greenberg

Chad Doty

Paul Moore

OwlTail

In this episode of the Real Estate Investing for Cashflow Podcast, Kevin brings in real estate and retail expert David Puchi. David is the founder and partner of Baceline Investments, a private real estate investment and management company with a focus on strengthening communities by acquiring and revitalizing neighborhood shopping centers. David has been responsible for raising approximately 300 million dollars for Baceline-sponsored funds. In the podcast, David talks extensively about the retail sector and how he centered his focus on it. He explains the management structure at Baceline and the stability in their tenant base, which consists of a lot of mom-and-pop retailers. He talks about why it’s actually beneficial to help their tenants succeed. David also shares the financial strategy behind their business and goes on to explain what physical improvements his team adds to properties to increase value in the market. He shares how their business survived the financial crisis, which circles back to his focus on the retail sector. David shares what the future plans are for Baceline Investments.   QUOTES: “Our company today, really carries on a lot of the traditions that I started with when I broke free from practicing law and primarily, it has never been a transactional type of company, we’ve always been more of an operating company.” “Our niche in the world is owning and operating multi-tenant neighborhood shopping centers that are primarily unanchored.” “You know the small mom-and-pop tenants may not be considered credit from a Wall Street perspective, but from a reality perspective they’re actually really good credit because these are family businesses that people fight for everyday.” “The reason we like to be in the middle of the country is that we find great stability in the cities that we’re in, we also find that there’s less competition…” “Rolling through the recession, we saw the resilience of our tenant base and then basically turned that to the sole purpose of our company moving forward, as far as investing is concerned.”   HIGHLIGHTS: 7:17 David’s background and getting into real estate 11:01 Asset classes and credit ratings 17:35 Baceline’s geographic focus and seller profiles 21:42 How David adds value to their properties 26:46 Debt, equity and the financial crisis 34:36 SWOT analysis of the retail sector 45:46 Long term plan for Baceline Investments   Recommended Resources:  Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar. Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here http://www.bacelineinvestments.com/  Review and Subscribe

In this episode of the Real Estate Investing for Cashflow Podcast, Kevin brings in real estate and retail expert David Puchi. David is the founder and partner of Baceline Investments, a private real estate investment and management company with a focus on strengthening communities by acquiring and revitalizing neighborhood shopping centers. David has been responsible for raising approximately 300 million dollars for Baceline-sponsored funds. In the podcast, David talks extensively about the retail sector and how he centered his focus on it. He explains the management structure at Baceline and the stability in their tenant base, which consists of a lot of mom-and-pop retailers. He talks about why it’s actually beneficial to help their tenants succeed. David also shares the financial strategy behind their business and goes on to explain what physical improvements his team adds to properties to increase value in the market. He shares how their business survived the financial crisis, which circles back to his focus on the retail sector. David shares what the future plans are for Baceline Investments. QUOTES: “Our company today, really carries on a lot of the traditions that I started with when I broke free from practicing law and primarily, it has never been a transactional type of company, we’ve always been more of an operating company.” “Our niche in the world is owning and operating multi-tenant neighborhood shopping centers that are primarily unanchored.” “You know the small mom-and-pop tenants may not be considered credit from a Wall Street perspective, but from a reality perspective they’re actually really good credit because these are family businesses that people fight for everyday.” “The reason we like to be in the middle of the country is that we find great stability in the cities that we’re in, we also find that there’s less competition…” “Rolling through the recession, we saw the resilience of our tenant base and then basically turned that to the sole purpose of our company moving forward, as far as investing is concerned.” HIGHLIGHTS: 7:17 David’s background and getting into real estate 11:01 Asset classes and credit ratings 17:35 Baceline’s geographic focus and seller profiles 21:42 How David adds value to their properties 26:46 Debt, equity and the financial crisis 34:36 SWOT analysis of the retail sector 45:46 Long term plan for Baceline Investments Recommended Resources: <ul> <li>Check out our company and our partnership opportunities by visiting <a href="http://www.sunrisecapitalinvestors.com/" rel="nofollow" target="_blank">SunriseCapitalInvestors.com</a></li> <li>Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or <a href="https://www.appointmentcore.com/app/freeslots/fcWe8R" rel="nofollow" target="_blank">click here</a> to schedule a time on our calendar.</li> <li>Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them <a href="http://www.mobilehomeparkacademy.com/" rel="nofollow" target="_blank">click here</a></li> <li><a href="http://www.bacelineinvestments.com/" rel="nofollow" target="_blank">http://www.bacelineinvestments.com/</a></li> </ul> Review and Subscribe

Ep #243: Retail is not Dead...Learn How To Capitalize on Neighborhood Retail Shopping Centers! -- with David Puchi

Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is David Puchi, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed.

Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is David Puchi, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed.

#253: Recession-Resistant Investing & the Benefits of Buying Shopping Centers with David Puchi

Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is David Puchi, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed.In This Episode We Cover:How David started real estate investingWhy he brought a bank guarantor partner into his dealHow he turned a shopping mall aroundWhat the “Amazon proofing strategy” isWhat he looks for in commercial propertiesThe challenges of this strategyWho to hire to start investing in shopping centersWhat synergy is in reference to tenantsHow one tenant can affect the whole centerA passive way to invest in triple net propertiesTips on how to finance these dealsWhere he finds his dealsHow to analyze a neighborhood for shopping mallsTips for performing due diligence for this kind of dealThe metrics you should study to figure out the health of a tenantWhere he sees his business in the futureAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets MarketplaceBiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!Books Mentioned in this ShowThe Book on Rental Property Investing by Brandon TurnerFire Round QuestionsI am planning to build a 10~12K sqft strip with 6 units, which type of business will be well fit?What is protocol for charging and collecting overdue rent?How to lease retail store to franchiseHow to determine value of a commercial property w/ no list price?Adding appreciation to a commercial propertyAre current tenants a big factor in the sellability?Tweetable Topics:“Having reasonable leverage makes more sense than over leverage.” (Tweet This!)“Basic property management experience is a great launching pad in owning commercial properties.” (Tweet This!)“You can’t rely on the market to force appreciation.” (Tweet This!)Connect with DavidDavid’s Company WebsiteSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is David Puchi, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed.In This Episode We Cover:<ul><li>How David started real estate investing</li><li>Why he brought a bank guarantor partner into his deal</li><li>How he turned a shopping mall around</li><li>What the “Amazon proofing strategy” is</li><li>What he looks for in commercial properties</li><li>The challenges of this strategy</li><li>Who to hire to start investing in shopping centers</li><li>What synergy is in reference to tenants</li><li>How one tenant can affect the whole center</li><li>A passive way to invest in triple net properties</li><li>Tips on how to finance these deals</li><li>Where he finds his deals</li><li>How to analyze a neighborhood for shopping malls</li><li>Tips for performing due diligence for this kind of deal</li><li>The metrics you should study to figure out the health of a tenant</li><li>Where he sees his business in the future</li><li>And SO much more!</li></ul>Links from the Show<ul><li><a href="http://biggerpockets.com/forums" rel="nofollow" target="_blank">BiggerPockets Forums</a></li><li><a href="http://biggerpockets.com/marketplace" rel="nofollow" target="_blank">BiggerPockets Marketplace</a></li><li><a href="https://www.biggerpockets.com/renewsblog/biggerpockets-podcast-250-grant-cardone-multifamily-investing-buy-house/" rel="nofollow" target="_blank">BiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!</a></li></ul>Books Mentioned in this Show<ul><li><a href="http://biggerpockets.com/rentalbook" rel="nofollow" target="_blank">The Book on Rental Property Investing</a> by Brandon Turner</li></ul>Fire Round Questions<ul><li><a href="https://www.biggerpockets.com/forums/32/topics/497169-start-up-a-new-stripmall-project" rel="nofollow" target="_blank">I am planning to build a 10~12K sqft strip with 6 units, which type of business will be well fit?</a></li><li><a href="https://www.biggerpockets.com/forums/32/topics/496369-overdue-rent-collection" rel="nofollow" target="_blank">What is protocol for charging and collecting overdue rent?</a></li><li><a href="https://www.biggerpockets.com/forums/32/topics/494154-how-to-lease-retail-store-to-franchise" rel="nofollow" target="_blank">How to lease retail store to franchise</a></li><li><a href="https://www.biggerpockets.com/forums/32/topics/494599-how-to-determine-value-of-a-commercial-property-w-no-list-price" rel="nofollow" target="_blank">How to determine value of a commercial property w/ no list price?</a></li><li><a href="https://www.biggerpockets.com/forums/32/topics/494543-adding-appreciation-to-a-commercial-property" rel="nofollow" target="_blank">Adding appreciation to a commercial property</a></li><li><a href="https://www.biggerpockets.com/forums/32/topics/492430-are-current-tenants-a-big-factor-in-the-sellability" rel="nofollow" target="_blank">Are current tenants a big factor in the sellability?</a></li></ul>Tweetable Topics:<ul><li>“Having reasonable leverage makes more sense than over leverage.” (<a href="https://twitter.com/home?status=%E2%80%9CHaving%20reasonable%20leverage%20makes%20more%20sense%20than%20over%20leverage.%E2%80%9D%20BP%20Podcast%20253%20biggerpockets.com/show253%20%40biggerpockets" rel="nofollow" target="_blank">Tweet This!</a>)</li><li>“Basic property management experience is a great launching pad in owning commercial properties.” (<a href="https://twitter.com/home?status=%E2%80%9CBasic%20property%20management%20experience%20is%20a%20great%20launching%20pad%20in%20owning%20commercial%20properties.%E2%80%9D%20biggerpockets.com/show253%20%40biggerpockets" rel="nofollow" target="_blank">Tweet This!</a>)</li><li>“You can’t rely on the market to force appreciation.” (<a href="https://twitter.com/home?status=%E2%80%9CYou%20can%27t%20rely%20on%20the%20market%20to%20force%20appreciation.%E2%80%9D%20BP%20Podcast%20253%20biggerpockets.com/show253%20%40biggerpockets" rel="nofollow" target="_blank">Tweet This!</a>)</li></ul>Connect with David<ul><li><a href="http://www.bacelineinvestments.com/" rel="nofollow" target="_blank">David’s Company Website</a></li></ul>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.