What does it take to buy, sell, and broker over $1,000,000,000 in real estate?
That’s what you’ll discover in today’s podcast episode when we sit down with Allan Glass, a real estate entrepreneur from sunny Southern California. In this hour long interview, you’ll learn how Allan used his skills as a commercial real estate broker to build his own portfolio and “piece together” deals that are truly “win-win-wins.”
If you are looking to take your business to a whole new level, don’t miss this show!
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Sponsor
We just wa
nt to give a shout out to our podcast sponsor on today’s show: LendingHome. LendingHome is disrupting the mortgage industry with innovative technology making the process faster, easier, and more transparent.
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In This Show We Cover:
- How Allan got started as a commercial broker in LA
- Thoughts on obtaining a Real Estate Finance Degree
- How Allan was able to profit despite getting started in the worst time to have career in real estate
- The two “book ends” Allan looks for to decide where to invest.
- How Allan shifted from an employee to starting his own business in the restaurant industry
- Why you should always have a backup plan
- The importance of continuing education and taking up a Masters in Real Estate Development
- Why functional obsolescence is vitally important to an investor
- How Allan manage to invest in numerous different property types
- How to add value to real estate and profit from it
- How Allan finds deals in any market.
- Allan’s ‘secret sauce’ of real estate investing
- Mistakes real estate investors make (including Allan)
- And lots more!
Links From the Show
Books Mentioned in the Show
- Brandon Turner’s The Book on Investing in Real Estate with No (and Low) Money Down
- The Reluctant Metropolis: The Politics of Urban Growth in Los Angeles by William Fulton
- Lucky Or Smart?: Fifty Pages for the First-Time Entrepreneur by Bo Peabody
Connect with Allan
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19 Comments
Great show guys
I already listened to it twice, full of great information.
Allan love the way you were creative with Credit Cards in such a unique way when you first started.
Paying people in trade for things they would need or wanted.
Once the restaurant was up and running how long did it take to zero out those balances?
I believe you said you left after about a year.
How was the business going when you left?
Allan,
Great show.
Wow, that was fun. Thanks Brandon and Josh I really appreciate the opportunity.
John, The restaurant was open for 5 years, we tripled our investment and hit breakeven 1/2 way through year 2.
Thanks David.
Happy Thanksgiving everyone
A
Brandon (or anyone)
Where do you go to see info about the webinars mentioned?
Allan – great podcast! I’m from LA so it was exciting to hear about investing in neighborhoods I kinda know. I remember the Metro opening and wondering who would ever ride it. LAs such a car town.
Anyways, great show, great info.
Funny how they called you old!! I guess I am too. I had no idea the average BP investor was so young. Feel like I should start a blog on here called No Country for “Old Men”.. ^^
Thanks Daniel, us guys of a particular “vintage” will always have something to add to the mix. Best of luck!
Very Nice.
thanks Brad, best of luck to you
Great content from the guest.
Josh’s verbal abuse towards Brandon is not funny. You should grow up and treat people with respect instead of constantly putting them down.
Bravo!
appreciated Sharon! Cheers
Great Job! I’ll definitely be giving this one a second listen! Thank so much Allan and thanks Josh & Brandon for hosting. This was right up my alley, and definitely on my top 10 list of favorite podcasts to date!
Thanks!!
That’s quite a compliment. Here’s to a successful 2015 Mark.
I appreciate your point about adding value to other types of properties than just distressed. Thanks for the tip.
thanks Mike, going forward this is where the “fruit is on the tree” good luck in much success!
Thanks for the show. Commercial is definitely a segment of the market that deserves attention. Excellent presentation!
Very kind Victoria, hope you decide to find yourself some commercial deals.
Hey Guys, I liked the old player… Currently one can’t stop the podcast and listen again or fast forward. Hope we get the former type again. Thanks.
Enjoyed the interview with Allan Glass. One of the better shows and really enjoyed Allan’s creative investments and value-add orientation. A very sharp investor! Thanks for the great podcast!
Much appreciated Marc, hope you find continued success in 2015