In this pivotal episode of “Commercially Speaking,” Bo Barron takes the insights from the previous market analysis episode to the next level, demonstrating how to turn gathered data into money-making decisions. Whether you’re a broker, investor, or developer, Bo walks you through his tried-and-true process for making informed decisions, mitigating risk, and growing wealth in the commercial real estate (CRE) market.

What You’ll Learn:

• Recap and Integration: A quick recap of the data gathered in the last episode sets the stage for deeper analysis and actionable conclusions.
• Threshold Rent Concept: Bo introduces the crucial concept of threshold rent, explaining how it impacts decision-making in CRE.
• Economic Base Analysis: Learn step-by-step how to conduct an Economic Base Analysis, using a real-world example of a job announcement that could add 400 basic jobs to the Space Coast by the end of 2024.
• Strategic Decision-Making: See how Bo integrates all the information to reveal the strategic decisions he would make to capitalize on market opportunities.
• Real-World Application: Bo shares a recent example of a deal he pursued based on similar analysis, providing practical insights into how these strategies work in real-life scenarios.

This episode is a must-watch for anyone in the CRE industry looking to enhance their decision-making process. Bo’s expert guidance will equip you with the tools and knowledge to make data-driven decisions that lead to significant financial gains.

Tune in to “Commercially Speaking” and learn how to transform market data into profitable actions, ensuring you stay ahead in the competitive world of commercial real estate.

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⏰ Time Code ⏰

00:00 – Start
00:25 – Shoutout!
01:22 – Timmy fools Bo with magic!
04:07 – Recap
06:11 – Shifting
07:19 – Corrections from last episode
10:07 – Recap of the Space Coast Market
15:07 – NAICS Code clarification
17:49 – Back to the recap
22:20 – Threshold rent
26:50 – Job Announcement
41:02 – How much do we build?
42:54 – The investor’s lens
45:44 – Real World Example
49:03 – Outro

📒Show Notes📒

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Bo is the owner and operator of Barron Commercial Group in Owensboro, KY servicing the Western KY and surrounding markets.

For all CRE inquiries, visit https://www.barroncommercial.com

Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron