Earn Your Leisure

Welcome back to another insightful clip of Market Mondays! In this clip, hosts Troy Millings, Ian Dunlap, and Rashad Bilal sit down with veteran real estate mogul Don Peebles to discuss the current state of the commercial real estate market and strategies to thrive during downturns.*Key Points Discussed:*1. **Identifying Opportunities in Challenging Markets**: - Don Peebles shares crucial insights on how to identify lucrative opportunities in cities like Los Angeles and Detroit, even when the market appears to be struggling. - Understanding vacancy rates in office buildings, apartments, and hotels is essential for gauging market health. With office buildings struggling with high vacancy rates, converting them into apartments or hotels might be a viable option. - He explains why conversions are not beginner-friendly and emphasizes the importance of hiring experienced contractors, architects, and project managers who are well-versed in handling such projects.2. **Steps for Securing Financing for Large-Sc