EP 123 – Buying Commercial Offices (During Covid) for Huge Returns with Carlos Rovira

Listen or watch this episode on your favorite place

Show Notes

There’s no way to predict the future of the real estate market, but sometimes taking risks pays off. That’s exactly what happened with today’s guest when he invested in office spaces during the turbulent time of the pandemic when remote work increased and buildings were empty.

Carlos Rovira is a residential investor turned commercial investor, and this new niche in office buildings has yielded him and his partner’s BIG returns. Their portfolio boasts 90% occupancy and a 16% cap rate, and most impressive, Carlos does it all working virtually.

In this episode, he describes transitioning from Miami’s market into the commercial space in Kansas City, accidentally getting into the property management business and the deals he’s about to close. Listen to this episode to learn more about his real estate journey, and how he succeeded in a new marker while living states away!

 

 

Topics discussed in this episode:

  • What drew Carlos to real estate
  • Navigating the ups and downs of the real estate market
  • Why he moved into the commercial space
  • Miami’s unique real estate market
  • His experience with virtual investing
  • Screening potential tenants
  • What he looks for in a potential building
  • Rent, expenses, and cap rate
  • His story dealing with a slumlord
  • Carlos’ advice to new investors

 

 

Connect with Carlos Rovira:
https://www.instagram.com/thecarlosrovira/
https://twitter.com/TheCarlosRovira

Listen to the Episode

Read the Transcript

Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

https://www.collectingkeys.com/subto

If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeys.com

Check out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeys.com

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!

 

Collecting Keys Podcast Resources:

https://www.collectingkeyspodcast.com

https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

Leave a Review

Leave a Reply

Your email address will not be published. Required fields are marked *

Learn to do Sub-To Transactions the RIGHT way — For FREE!

  • The Basics: We’ll start from the ground up, clarifying what subject-to transactions are all about.
  • Risk Management: You'll understand the risks involved and how to mitigate them correctly.
  • Deal Structuring: We'll cover how to set up deals that are fair for everyone - buyers, sellers, and investors alike.
  • Myth-Busting: You’ll learn the truths behind the common myths, straight from the trenches, and be provided with case studies that prove this works.

Sub-To Made Simple Master Class

from Collecting Keys Podcast

All For Just $199 FREE

By submitting your information, you agree to receive text messages (including SMS and MMS) from Collecting Keys Podcast. For more information, please refer to our Privacy Policy.
© 2024 Collecting Keys Podcast. All right reserved.

Want to attend the next Keys Con Event?

Fill out the form below to be notified about our next event.
By submitting your information, you agree to receive text messages (including SMS and MMS) from Collecting Keys Podcast. For more information, please refer to our Privacy Policy.