A strip mall (unnamed)
A small strip mall that the podcast host is in the process of acquiring.
Why It Works
The acquisition connects multiple properties owned by the host, creating a cohesive business ecosystem.
Revenue & Traction
Not mentioned in the transcript.
Founding Story
The host wrote to the previous owner expressing interest in purchasing the property, which led to the opportunity after the owner's passing.
Business Playbook
Building relationships and maintaining communication with property owners can lead to advantageous deals.
Why this works now
Zillow's rental listings feature allows the strip mall to attract tenants by showcasing available spaces to a broad audience. The podcast host can generate initial revenue by promoting the property on local Facebook groups tailored to small business owners. A significant risk involves the potential for high tenant turnover, which could lead to increased vacancy rates and the associated costs of filling those spaces.
Additional Information
The host has received offers above the contract price, indicating the value of the investment.
Source
Podcast: Koerner Office
Episode: The Smart Way to Start Small and Still Win Big ⏐ Ep. #195
Creation Date: July 14, 2025
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