Insider Secrets 70 with Bryan Shaffer

<p><strong>Standout Quotes:</strong></p> <p>“You go through the industry, you do lots of different things and you learn what you're good at and what you're not good at” - [Bryan]</p> <p>“You really have to focus in and figure out where you're at in the process when you're ready to close” - [Bryan]</p> <p>“In 2005 we finished up, I decided I know everything about international real estate. I'm going to teach everybody else in the world” – [Bryan]</p> <p>“I think that we will see a lot of asset price inflation over the next few years.” – [Kent]</p> <p>“The last 10 years, I learned a tremendous amount about what individual owners and developers need” – [Bryan]</p> <p>“People are paying record prices for buildings. And so there's definitely a mismatch between where we are specifically today and where the market is” – [Bryan]</p> <p><strong>Key Takeaways:</strong></p> <ul> <li>Kent describes himself in one word as "Intentional".</li> <li>I'm a Midwestern guy. I grew up in Kansas City, Missouri, and I went to college in Arizona.</li> <li>I worked for a developer that did strip shopping center company called Leo Eisenberg.</li> <li>After college I went to work for them and moved to Los Angeles and started working on properties.</li> <li>I started something called IRETO, the International Real Estate Trade Organization. And we tried to teach people in the US how to buy properties in China, in Japan.</li> <li>By 2008, there was a great financial crisis. We went from having thousands of people buying stuff from us and getting information from us to nobody really caring about international real estate.</li> <li>So that was my sort of third cycle of my life. And that was probably one of the tougher ones.</li> <li>I worked on a skilled nursing facility where the guy had owned some that never developed his own properties.</li> <li>Over my whole career, part of my career was helping big companies figure out how to do their capital and how to close their deals and how to restructure their properties.</li> <li>This half has reall