16 | Unconventional and Diversified Investing Strategies with Brock Mogensen

07/02/2022 28 min

Listen "16 | Unconventional and Diversified Investing Strategies with Brock Mogensen"

Episode Synopsis

Brock Mogensen has been investing in real estate for over three years.  He lives and invests in the Milwaukee, WI market. He holds a master's degree in Information Systems and comes from an analytical background.  Brock specializes in underwriting and incorporating data models for asset management.  As a principal at Smart Asset Capital, the firm currently has over $15 Million in assets under management.  The portfolio is comprised of multifamily, office, retail, industrial, and self-storage.  He is also a co-host of the largest monthly multifamily meetup in WI, which is the Wisconsin Apartment Investors Meetup.   Let’s tune in to his story!   [00:01 - 03:40] Opening Segment   Welcome to the podcast! Get to know our guest Brock Mogensen Bio How Brock started with a duplex and realized that real estate is an awesome thing Full-time real estate investor   [03:41 - 22:48] Unconventional and Diversified Investing Strategies   Investing in different types of asset classes one-by-one We could just figure out how to do it along the way An unconventional strategy What is a Triple Net Lease? CAM: You don’t have to pay for the operating expenses!  A strip mall, Brock and his team’s first triple net lease deal Brock’s industrial deals: Small deals, big numbers Why Brock’s favorite class is industrial  Apartments versus industrial Underwriting Differences Vacancies  Conservative Numbers Rent Increases and Leases Everything won’t go as planned but there are ways to maintain your numbers Raising capital and structuring his business A good de

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