Episode 82: Using Triple Net Lease with Industrial Real Estate with Neil Wahlgren

<p><strong>In this episode, we explore:</strong></p> <ul> <li>Guest’s military background</li> <li>Transitioning to Real Estate</li> <li>Raising Capital</li> <li>How to Evaluate Deals</li> <li>Triple Net Lease</li> <li>Advantages of Triple Net Lease</li> <li>Finding the right people</li> <li>Evaluating the Risks</li> <li>Types of Industrial Real Estate</li> <li>Knowing the available deals<br> </li> </ul> <p><strong>About Neil:</strong></p> <p>Mr. Wahlgren brings nearly two decades of leadership in operations and capital markets. Prior to MAG Capital Partners, Mr. Wahlgren led a Bay Area real estate investment firm, raising capital for over $200M in projects.&nbsp; Before that, Mr. Wahlgren piloted the C-130 in both the Air Force and Navy, logging over 2500 flight hours with combat tours to both Iraq and Afghanistan</p> <p>and concluding his military career as a Lieutenant Commander. Mr. Wahlgren resides in San Francisco with his wife and son and enjoys flying &amp; sailing. Mr. Wahlgren holds a BS from the Air Force Academy, an MBA from Texas A&amp;M and an MS from Troy University.</p> <p><br></p> <p><strong>Snapshot: 41:49</strong></p> <ol> <li>What is your number one failure in real estate?</li> </ol> <ul> <li>Getting right to the finish line on two deals in a row that we had to effectively walk away from.<br> </li> </ul> <ol> <li>What advice do you have for other military investors to be successful?</li> </ol> <ul> <li>Start Early<br> </li> </ul> <ol> <li>What inspired you to serve your country?</li> </ol> <ul> <li>Envision myself to become a pilot.<br> </li> </ul> <ol> <li>What is your dream?</li> </ol> <ul> <li>Work. Life. Balance. Doing something I enjoy.<br> </li> </ul> <p><strong>Quotes:</strong></p> <ol> <li>“Start educating yourself but at the same time, if your goal is to be an investor, start investing at some small level.” 44:13 - 44:21</li> <li>“You just have to make the leap, start doing it instead of just educating yourself.” 44:52 - 44:57</li> <li>“Being in