Ep #319: Austin Hair – Your Business Real Estate – Opportunities and Pitfalls

Austin Hair is the business development manager for Leaders Real Estate, an experienced investor, a previous business owner, and more. Today he joins the show to discuss the importance of having the right real estate for your business and how to go about finding the right space.

Listen in to hear how Austin specializes in competition evaluation and demographics, as well as what that means for businesses looking for the right real estate to call home. You’ll gain valuable insight on renting vs. buying and discover common misconceptions that come into play here. Austin also gives us tips on how to avoid the many mistakes people make when looking for real estate and what to look for in order to find the best place for your business.

Minute Markers:

2:17 – How Leaders Real Estate works on behalf of tenants.
4:55 – Why a business owner might want to lease instead of own.
9:39 – Key areas where people make mistakes when looking for real estate.
15:35 – The importance of seeking help from someone with experience.
16:19 – What an accredited tenant and CAP rate are.
20:15 – The different levels of retail.
22:00 – Lease term and common DIY mistakes.

Featured on the Show:

Austin Hair: LinkedIn
Leaders Real Estate

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