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

<p>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&nbsp;<strong>David Puchi</strong>, 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.</p><p>In This Episode We Cover:</p><ul><li>How&nbsp;<strong>David started</strong>&nbsp;real estate investing</li><li>Why he brought a&nbsp;<strong>bank guarantor partner</strong>&nbsp;into his deal</li><li>How he turned a&nbsp;<strong>shopping mall</strong>&nbsp;around</li><li>What the&nbsp;<strong>“Amazon proofing strategy”</strong>&nbsp;is</li><li>What he looks for in&nbsp;<strong>commercial properties</strong></li><li>The&nbsp;<strong>challenges</strong>&nbsp;of this strategy</li><li>Who to hire to start investing in&nbsp;<strong>shopping centers</strong></li><li>What&nbsp;<strong>synergy</strong>&nbsp;is in reference to tenants</li><li>How&nbsp;<strong>one tenant</strong>&nbsp;can affect the whole center</li><li>A passive way to invest in&nbsp;<strong>triple net properties</strong></li><li>Tips on how to&nbsp;<strong>finance these deals</strong></li><li>Where he&nbsp;<strong>finds</strong>&nbsp;his deals</li><li>How to&nbsp;<strong>analyze a neighborhood</strong>&nbsp;for shopping malls</li><li>Tips for performing&nbsp;<strong>due diligence</strong>&nbsp;for this kind of deal</li><li><strong>The metrics</strong>&nbsp;you should study to figure out the health of a tenant</li><li>Where he sees his business&nbsp;<strong>in the future</strong></li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a hr