Podcast
Commercial Real Estate Pro Network
Hosted by Commercial Real Estate Pro Network · EN
Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss today's opportunities, problems & solutions in Commercial Real Estate.
16episodes
Episodes
Newest firstAll episodes
Estate Planning Tax Mitigation and Philanthropy with Mark Halpern - CRE PN #560
5d ago00:43:52Tap to summarizeToday, my guest is Mark Halpern. Mark is the CEO of Wealth Insurance.com and one of Canada's top estate planning and life insurance advisors. For over 30 years, he's helped successful families and business owners pay less tax and leave more legacy with a mission. https://wealthinsurance.com/
Transcribe →BIGGEST RISK with Mark Halpern
1w ago00:04:21Tap to summarizeJ Darrin Gross I'd like to ask you, Mark Halpern, what is the BIGGEST RISK? Mark Halpern Great question, Darrin. And I'm glad you're asking it. So, I'm on a bit of a mission, Darrin, and that is I want to inspire and educate professional advisors to be incorporating this insurance and philanthropic planning into clients' estate plan, so I'm on a mission for that. Okay, because people don't know about it. So, what is the main thing for me that the biggest risk is, is that everyone should know that they have three possible beneficiaries to their estate: three: one is family, one is the tax department, and one is charity or impact, and each of us can only pick two of those. Which two would you pick? Most people would say I take family and I take charity. So, with proper planning, you can be remembered for leaving a lot of money to charity, as opposed to writing a big check to Washington, and this is all legal, all given the kiss of blessing from the tax department, that people don't realize that charitable donations on death can actually be used to mitigate up to 100% of estate taxes, 100% that means for every dollar of tax that you owe, and you give $2 to charity, you turn $1 of tax into $1 of charity. Now you remember for giving $2 to charity, as opposed to $1 to the government. So that's the risk is not getting to that, as I said before, while the sun is short. Design it, because a lot of people have become very successful in their life, but they want to become significant, and your kids, you know, this is not about disinheriting the family, of course. You know, charity begins at home. Giving to charity is not about disinheriting your kids, it's about adopting causes that you care about and disinheriting the tax department, and that gives people a tremendous feeling of accomplishment in life. I've had clients who've tried thinking about the fact that they have not done anything yet of significance, right. So, if we can use house money, money that's on the table that doesn't belong to you, to make a difference in this world, how great would that be? And we have a, we have a pretty ambitious goal. Our goal is to create a billion dollars a year of charity. We're building a national community of 100 professional advisors and charities. If each of us are creating $10 million of current charity or future charity for legacy giving, often just by converting tax into charity, you've got 10 million times 100 that's a billion dollars a year, and our goal is to have that in place by 2030 the end of 2030 and we've already got about two dozen already attached to this, so it's a very, it's a great thing that gets me up in the morning, and I get excited about my biggest risk personally now is not having enough time to actually execute on this this goal, because that's my mission, and it's a big risk, because nobody else can do it, it's only me. So, on, you know, I have a lot of ambition around that, and it gets me very excited, and I love to see company advisors. I have a, I have an amazing mentor and coaching program called Power of platinum.com It's been around for five years now, over 200 advisors have gone through it, become experts in what we're talking about, and the nice part about that is the fees that they pay actually good on my charitable foundation, so it's a way for me to create more charity, help more advisors, and do good in the world. https://wealthinsurance.com/
Transcribe →Business Transition and Commercial Real Estate with Gregory Kovsky - CRE PN #559
1w ago00:38:10Tap to summarizeToday, my guest is Gregory Kovsky. Gregory is the president and CEO of a regional business brokerage and commercial real estate firm called International Business Associates, and in just a minute we're going to speak with Gregory Kovsky about why it is prudent to have a real estate licensed merger and acquisition broker facilitate the sale of your business, https://ibainc.com/
Transcribe →BIGGEST RISK with Gregory Kovsky
2w ago00:01:32Tap to summarizeJ Darrin Gross I'd like to ask you, Gregory Kovsky, what is the BIGGEST RISK? Gregory Kovsky Um, I believe uncertainty in the economy is the biggest risk. I, I believe people can successfully play on the field when they know the environment. You can win a football game in the sun, the rain, the snow, if you can plan for it and develop a stride. Energy to execute in that environment and I believe the same is true in business, but like recently when you're seeing tariffs change, when you're seeing COVID roll through the economy, when you're seeing high interest rates or different elements changing tax environments in states that may make it more attractive or less attractive to be an entrepreneur. To me, those type of things makes it harder for people to commit capital, invest and act in the economy, so then you end up with people on the sidelines waiting for more certainty to occur. https://ibainc.com/
Transcribe →2026 Multifamily Market Investment Strategies with Michael Pouliot - CRE PN #558
3w ago00:43:46Tap to summarizeToday, my guest is Michael Pouliot. Michael is a fourth generation real estate entrepreneur and the CIO at Carbon Residential, where he focuses on workforce housing in high-growth southeast markets, and in just a minute we're going to speak with Michael Pouliot about the 2026 Multifamily Marketplace. https://www.carbonresidential.com/
Transcribe →BIGGEST RISK with Michael Pouliot
3w ago00:02:57Tap to summarizeJ Darrin Gross I'd like to ask you, Michael Puliot, what is the BIGGEST RISK? Michael Pouliot The biggest risk, as it relates to property, right, or, you know, property, the property business, so yeah, the first thing I thought of was I think the biggest risk is, you know, really having strong operations, honestly, and then that comes back to your people, your process, and your technology, and so really, you know, property management, managing assets, although, yeah, obviously we raise capital from individuals or institutions to buy these properties day to day. Our life is about managing, you know, property and day to day property, and then also the business plans and what we've promised investors and the business plan that we struck when we closed, and so the, as your, as you continue to grow the business, you need to continue to grow as a business leader, and then so all your people, and so that I think is your biggest risk is getting to a getting growing too fast, potentially, or just allowing the having operational systems that just are not equipped to handle the stage of your company, and so, and I think that can happen very quickly, that those things can fall out of lockstep as you grow, or as you know, you just don't take, you know, you take your eye off the ball sometimes, and so I think it's really important to make sure that you've got people who are focused on on the day, people who are focused on the week, the month, the quarter, the year, and the decade. You don't have to have that many people focused on the decade, but you should have someone, or a couple people, who are just so that we know where we're going, and that way you know the business can can grow in a sustainable way with a good culture. People like working there, and I think that's the biggest risk over time to generating or creating and sustaining a business is having a good culture. People are thriving and they feel fulfilled, they can grow, and if you provide that, then you don't have to do, you don't have to become, you don't have to be the hero, you don't have to always jump in and help with things. In fact, doing that actually hurts, you know, the ability for the for the business to be successful. We were talking about our children before we started here, and it's not unlike a child, it's like you can't always step in and. And tie the shoes, just, you know, it's okay if, if we're five, you know, we'll just be five minutes late, we'll just work on this, and then you'll learn the skill, and now you can tie your shoes, and so I think there's a patience and a willingness and a space to take risk and make mistakes, and all of that is kind of in that culture realm, which I think is, you know, probably I think the biggest risk in property. https://www.carbonresidential.com/
Transcribe →Space Safe Technology Features with Oscar Hedaya - CRE PN #557
4w ago00:31:35Tap to summarizeToday, my guest is Oscar Hedaya. Oscar is the CEO of Space, the company behind the Space Safe. Oscar has selected, excuse me, Oscar has scaled multiple businesses and now focuses on modernizing physical security for commercial and hospitality environments to reduce operational and liability risk. And in just a minute, we're going to speak with Oscar Hedaya about The Space Safe, https://www.thespacesafe.com/
Transcribe →BIGGEST RISK with Oscar Hedaya
4w ago00:00:39Tap to summarizeJ Darrin Gross I'd like to ask you, Oscar Hedaya, what is the BIGGEST RISK? Oscar Hedaya Yeah, I mean, the biggest risk in general for.. I'm in the security business, you know, so I'm in this business for a reason, you know, I think that there's so much theft out there, and there's so many reasons for people to need to steal, that for me, that's that's one of the biggest risks, that if you don't protect yourself and be preventative, then you're risking the fact that you're going to. Of lose a lot more without being preventative. https://www.thespacesafe.com/
Transcribe →From Prison to Real Estate Investor with Fuzzy Jardine - CRE PN #556
Jun 1100:45:01Tap to summarizeToday, my guest is Koliah Fuzzy Jardine. Fuzzy, as he's known, is the co-founder of HUI Mastermind. They empower Native Hawaiians and locals to build generational wealth through real estate investing in their homeland, the Pono Way. And in just a minute, we're going to speak with Fuzzy Jardine about his journey from prison to real estate investor. https://www.instagram.com/hifuzz/
Transcribe →BIGGEST RISK with Fuzzy Jardine
Jun 900:01:13Tap to summarizeJ Darrin Gross I'd like to ask you, Fuzzy Jardine, what is the BIGGEST RISK? Fuzzy Jardine Well, in the development space, and without what I'm doing today in the Hawaii market, it's one of the most expensive markets. Is the biggest risk is, I think not keep doing what I'm doing, right, investing in real estate, because it's only going to go like it's only going to go up, right? So, if you sit on the sidelines and waiting for the interest rates to drop, then it's going to be too late by the time you get started, you can keep waiting, waiting, waiting. So, I think that's one of the things for me, as a developer, the biggest risk is, you know, listening to the chatter outside, like I'm focusing on, I know what I do best, I know where I need to be buying in at, and I know what my building costs, you know, is that how much. Well, it, it costs, and then I know my end results. So, the, my biggest, the risk will be not to keep doing what I'm doing. https://www.instagram.com/hifuzz/
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