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Hi, I'm Barrett

I've bootstrapped multiple seven-figure companies and am sharing hard-earned lessons and insights about entrepreneurship.

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Commercial RE rents and SMBs

NNN expenses are starting to impact industrial rent growth. Why? Because class B/C industrial tenants don’t care about base rent. They care about the total check they write every month for real estate costs.(I've experienced this first hand on the tenant side) For example... In Metro-Boston’s industrial market, base rents for Class B space average $12.50 per SF, but total occupancy costs often hit $18-$20 per SF. Operating expenses can run $6-$8 per SF (usually $3-5), with property taxes...

As mentioned last week, I'm currently under contract on an Industrial / Industrial Outdoor Storage (IOS) property about 20 miles from Boston, MA. I've kicked off my due diligence process, and I figured it would be helpful to shed light on the costs and process in general. PS: If you want to see my real estate deals, quarterly updates, and new CRE opportunities, join my RE Investor List. When buying CRE, you cannot cheap out or do half-assed due diligence. To successfully execute a deal, you...

Hey Everyone, $48,600 week on FaceBook Marketplace: I may be late to the party here, but the FB marketplace is incredible -- if you're a good copywriter. The post below, advertising warehouse space, has led to 652 clicks in 6 days, $4,050 of monthly revenue, and 10+ additional leads that can turn into revenue. So, who is paying? - Local truck driver is paying $1,000/mo. to store his trucks behind my building (not visible from the road.- Longhaul truck driver (Boston to Austin) needs a place...

For entrepreneurship to be worth it you need to make 2-3x the money you could at a job. Many will disagree with me, but frankly, I think it's a cope to justify their decision to hang their own shingle. I truly think many would be happier working for somebody else. Entrepreneurship culture glamorizes the good parts but doesn't touch the bad parts. When things are good you're on top of the world, but when things are bad it can feel all-consuming. There's a premium that makes dealing with the...

You MUST check out BoldSEO:Nick Huber and myself teamed up to launch BoldSEO. We work with 85+ clients and help them grow profits with SEO. Our team is top notch, especially Simon Purdon, who is the brains behind the strategy and offers. This Monday, April 8th, I'm opening up my calendar to operators who want to learn about our offers. Book with me hereLast week I did a "spur of the moment" tweet about the time an employee try to steal $30,000 from me. It got bigtime engagement so I figured...

Quick note...If you need a new website (and don't want to break the bank) check out 72 Hour Sites. Sam Thompson (the owner) is the best web designer I've worked with and just about everyone else on Twitter agrees. He's turning🔥sites around in 3 days! If you want to close more deals, have higher conversions, and impress clients visit the site here. He's the 👑of websites. Thinking bigger reduces the risk of failure. Thinking small invites it. I recently read the book 10x is Easier Than 2x by...

Hey Everybody, I have great news! Industrial real estate deal flow is beginning to pick up. If you want access to my private deals join my list here. I'm so bullish on industrial in New England, this newsletter issue shows why.I'm also bullish on cash-flowing SMBs. Entrepreneurs from Harvard, Stanford, Penn, etc. are personally guaranteeing SBA loans to buy and operate companies. My friend Jackson (Stanford MBA) has built a deal flow channel to invest in these searchers. Accredited investors...

Hey Everybody! A quick note from our sponsor: SMBackers A Stanford MBA is synonymous with venture capital and burning millions (or billions) in the pursuit of product market fit, but not when it comes to my friend Jackson, he's hooked on cash flow. He's created a proprietary search fund syndicate that places equity into cash-flowing SMBs acquired by MBAs from Stanford, Penn, Harvard, and a few others. His thesis revolves around backing really smart operators with big personal guarantees to...

Over the last 8 months, We've scaled BoldSEO from $0 - $165K per month in revenue. I'm going to share exactly how we did it. My backlink agency, Brightline Media was cruising along at about $50K per month and had become a great asset for me and my family. Around March 2023 I was ready for a new challenge and made plans to sell it. On the day of closing (6/30/2023) the buyers had a problem -- they had no cash. So I decided to team up with Nick Huber to create BoldSEO. Our goal is to create a...

Last Month, we closed on this ~24,000 sf property approximately 25 miles from Boston. Before we dive in... Why Class B Industrial? 1980s-era high bay warehouses aren't known for their beautiful facades and impressive architecture, but they are great investments (in my opinion do your due diligence) for a variety of reasons: NNN Leases - taxes, insurance, maintenance, and utilities billed to tenants Flat Land - easy to convert to lots to multifamily which garner a higher price Tenant Base -...