In this episode, co-hosts Adam Carswell and Michael Flight are joined by special guests Matt Shamus and Dan Kennedy, Co-Founders and Managing Partners at Driven Capital Partners (DCP), to discuss how DCP operates in the Triple Net (NNN) marketplace with its diverse portfolio of industrial net lease properties. Matt and Dan touch on some of the most important aspects of choosing quality NNN investments for their clients with lease terms that will yield generous passive income to investors. They also talk about the potential growth in the net lease space and why so many investors are attracted to these Triple Net deals not only because of their security and safety but returns on investments, as well. On top of the thorough breakdown of Matt and Dan’s investment strategy, the guys give great tips on how to mitigate risk and where they see Triple Net lease properties expanding into in the near future. Michael and Adam would like to give a huge thanks to Matt and Dan for coming on the show and sharing their knowledge and experience with the Nothing But Net community.
Contact Matt Shamus:
Matt Shamus is co-founder of Driven Capital Partners, a diversified real estate private equity firm with a portfolio totaling 13 projects spanning NNN industrial to value-add multifamily. Matt started Driven Capital Partners to invest his own capital in high quality commercial real estate in US growth markets. Matt has enjoyed a successful entrepreneurial career spanning the finance, real estate and technology industries, including six years at Facebook.
Contact Dan Kennedy:
Dan Kennedy co-founded Driven Capital Partners. Dan retired from a 12 year professional soccer career in 2017 where he most recently played for the LA Galaxy. As a former athlete, Dan is passionate about educating all professional athletes on real estate investing and the tremendous benefits of establishing a strong real estate portfolio leading into life after an athletic career. Dan completed his MBA at the USC Marshall School of Business.
Timestamped Shownotes:
01:52 – Host Adam Carswell and co-host Michael Flight, CEO and co-founder of Liberty Real Estate LLC (Liberty), introduce special guests Matt Shamus and Dan Kennedy, Managing Partners at Driven Capital Partners (DCP)
05:11 – How did Dan transition from professional athlete to net lease real estate syndicator with Matt Shamus?
07:26 – Why do DCP’s wealth-generating Triple Net (NNN) investments appeal to athletes?
09:43 – Why are investors so attracted to NNN real estate deals?
11:29 – Why did Matt and Dan choose to invest in Triple Net industrial real estate for DCP’s property portfolio?
15:03 – What does DCP look for in their NNN industrial deals before buying properties?
16:07 – What types of industrial real estate does DCP buy?
17:14 – Why are Phase 1 Environmental Site Assessments (ESAs) essential
18:29 – What markets and factors of Triple Net properties does DCP specifically look into and why?
20:15 – Why are location and length of lease term important to pay attention to?
21:35 – Why has DCP shifted to invest in lower-risk net lease properties?
26:54 – How does DCP differentiate themselves from other Triple Net investor portfolios and businesses?
29:24 – How do interest rates affect DCP’s risk mitigation strategy?
31:05 – Why do Triple Net (NNN) investors need to research and understand the tenants they are looking to buy properties from?
32:41 – What submarkets is DCP paying attention to for potential growth and expansion prospects in the net lease space?
Key Points:
1. Triple Net (NNN) and Single-Tenant Net-Lease (STNL) preserves wealth and generates passive income
2. Importance of forming quality relationships with creditworthy tenants and businesses
3. Opportunities to generate and preserve wealth with Single Tenant Net Lease (STNL) real estate investments
4. Growth and expansion of Triple Net (NNN) lease investment market
For more information contact us here and mention Nothing But Net or simply NNN:
For more information on:
Liberty Real Estate Fund LLC (https://libertyfund.io/)
Nothing But Net is sponsored by:
Go HERE to view DISCLOSURES.
