Tyler Cauble is an Investor and Broker in Commercial Real Estate

In this episode, we talked about:

• Tyler’s Background and First Steps into Real Estate 
• First Deals
• Retail Real Estate Challenges
• Broker - Investor Transition
• 2024-2025 Outlook

Useful links:

https://www.instagram.com/commercial_in_nashville/

Transcriptions:
Jesse (0s): Welcome to the working capital real estate podcast. My name's Jessica Galley And. on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. ladies and gentlemen, my name's Jesse Galley and you're listening to working capital, the real estate Podcast. My guest today is Tyler Codwell. Tyler is an investor and Broker in commercial real estate from Nashville.

Tyler, welcome back.

Tyler (35s): Jesse. Honored to be here, man. Thanks for having me on.

Jesse (38s): Anytime, man. So, you are a returning guest. It's probably been about a year since you were last on the podcast, but we have been kind of going back and forth, I think biweekly or bimonthly, whatever the correct term is for that on kind of chatting basically commercial real estate from a broker's perspective, Broker and investors perspective. So that's been a lot of fun. So I thought it would be great to have you on and, you know, talk to my audience a little bit about kind of the background of what you do and chat a little bit about where we're at right now in the market cycle and, you know, where you're seeing opportunities.

Obviously, you know, there's a bunch of different markets that are telling different stories. You're in Nashville, I'm in Toronto, we, you know, we chat about all the cities in North America and kind of generally speaking, but yeah, I, I thought it'd be great to, to have that conversation. So for, for people that didn't tune into the first podcast, maybe you could give a little bit of a background of kind of how you got into real estate and, and what you currently do now, Ty.

Tyler (1m 38s): Yeah, man, it's gonna be a fun conversation. you know, appreciate you coming on the brokers round tables. Those have been a lot of fun. And you know, it's, it's, it's the content that you and I wish that we'd had when we first got started, right? I mean, that's, that's why I'm doing a podcast so much. And I know that's why you do it. It's because, you know, back when we were getting started, nobody was doing this stuff and so it was so frustrating to learn everything. So, so of course appreciate what you're doing and love the podcast. But yeah, man, I got started back in 2013 as the in-house leasing agent for a boutique development firm. Had zero knowledge about commercial real estate.

I didn't even know that somebody represented Chipotle and put them in there. Never even thought about somebody owning those buildings. Hmm. So it was quite the learning curve getting started. And, and of course I never realized how lucky I had it until probably three or four years into the business when I, most of my friends had graduated college 'cause I was a dropout. They were graduating college and trying to get into commercial real estate, and some of them were interviewing 50 times and not getting a job. So that's when I kind of realized like, oh man, I kind of, I might have struck gold here, but I focused, you know, solely on our in-house assets, some office retail and industrial, and got those leased up in about two years.

Then I started looking into development projects, put my first development deal together, which was 42 town homes and then left and started my own fi