Navigating the Cannabis Industry as a Lender with Rob Sechrist
Navigating the Cannabis Industry as a Lender with Rob Sechrist
Navigating the Cannabis Industry as a Lender with Rob Sechrist
Welcome to the Mario Dattilo Show Podcast!
In this episode of the Mario Dattilo Show Podcast, Rob Sechrist, an expert in lending in the cannabis industry, shares his experience and insights on the industry. He discusses how new legislation has changed the industry, the advantages of investing in REITs, the likelihood of rents decreasing, consolidation trend, how supply & demand affecting the industry, how different states are performing, and the future of the industry. He also explains how the Fed issues DEA licenses, the wild west of the lending industry, and how to get in touch with him. Rob's insights on cannabis industry is valuable for both investors and those looking to enter the industry.
Rob is a co-founder and president of Pelorus Equity Group (“Pelorus”), the leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, and the co-manager of the Pelorus Fund, a private mortgage real estate investment trust (“mREIT”).
https://pelorusequitygroup.com/
Find out more about Mario at MarioDattilo.net
Talking Points:
00:50 How Rob Entered the Cannabis Industry
01:01 Rob’s Lending Expertise
01:55 How New Legislation Changed Everything
04:36 Explaining Different REITs
08:37 Advantages to REITs for Investors
11:15 Target Between 12% and 15% IRR
13:13 Why Rents are Likely to Go Down in the Cannabis Industry
17:00 How Bond Rates Went Away
18:17 Is the Cannabis Industry Starting to Consolidate More?
20:50 Is an Increase in Supply Having an Impact?
21:46 Lenders vs Cannabis Operators
22:55 How Different States Compare in the Cannabis Industry
26:01 It’s Easy to Increase Production
26:20 Lending to Retail vs Growing Facilities
29:22 The Value of the Build Out
30:30 What’s Coming Down the Pipe?
31:45 How Different Administrations Impact the Cannabis Industry
33:01 How The Fed Issues DEA Licenses
34:34 The Wild West of the Lending Industry
35:11 Are Borrowers Often Operators?
38:25 Very High Standard Facilities
38:58 How To Get Ahold of Rob
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Links & Mentions From This Episode:
Pelorus Equity Group
[email protected]
[email protected]
www.mariodattilo.net
From The Podcast
Mario Dattilo Show
Building a portfolio of commercial real estate investments and building businesses is hard but very doable with guidance from others who have done it. This show, hosted by mobile home park investor Mario Dattilo, gives you the opportunity to hear from extremely interesting and successful real estate investors and entrepreneurs who pull back the curtain and tell you how they’ve done it. Unique perspectives and industries give you a different look at how you can accomplish the things you want to in real estate investing and business. This show will give you tons of valuable strategies but is entertaining at the same time. No boring business talk here. Whether you’re buying your first property or business or you’re looking to scale/pivot, this show will push your thinking to another level. This is not a beginner, fluffy, high-level tutorial, but an advanced dive into the deep end with experienced experts telling it like it is. Mobile home parks, self-storage, multifamily/apartments, office, retail, industrial, vacation rentals, RV Parks, marinas, acquisition, new development, value-add, startup, buying businesses, scaling businesses, building teams, due diligence, asset management, finance, debt, equity, raising capital, syndication, and the mentality required to hit your goals are all topics we discuss in depth.Websites:Podcast - https://www.MarioDattiloShow.comYoutube - https://www.youtube.com/channel/UCGGnRDb6pSONGT9PQmbXTbwHost- https://www.MarioDattilo.netConnect With Me On All The Socials:https://www.instagram.com/mariodattilotv https://www.tiktok.com/@mariodattilotv https://www.facebook.com/mariodattiloshow https://www.linkedin.com/in/mariodattilo https://www.twitter.com/mariodattilotv How do I invest in mobile home parks? How do I invest in commercial real estate? How do I invest in apartments? How do I invest in multifamily? How do I manage real estate? How do I finance commercial real estate? How do I sell commercial real estate? How do I buy commercial property? How do I buy businesses? How do I invest in businesses? How do I invest in office buildings? How do I invest in retail strip centers? How do I buy real estate? How do I sell real estate? How do you syndicate? How do you syndicate real estate deals? How do I raise money? How do I scale a business? How do I scale a real estate portfolio? How do I buy a rental property? How do I earn a high return? How do I invest in rentals? How do cost segregation studies work? How do I grow a business? How do I buy a mobile home park? How do I buy commercial real estate? How do I invest in commercial property? Investing in commercial real estate. Buy assets. Build wealth. Use leverage to build wealth. How do I build teams? How do I hire employees? How do I recruit top talent? How do I invest passively? How do I lend my money? How do hard money loans work? How do I buy loans? How do I buy non-performing loans? How do I wholesale properties? How do I value commercial real estate? How much money do I need to invest in real estate? Where do I find a good property management company? How do I build passive income? How do you analyze a deal? How do I build a real estate business? What is a good return on investment? What do I need to know about due diligence? How do I avoid risk in real estate? Are interest rates going up? How does inflation affect real estate? How does inflation affect mobile home parks? What is inflation? How does inflation work? Is now a good time to buy real estate? Are we going into a recession? How do I start a business? How do I sell my business? How do I sell my company? What makes a successful entrepreneur? Should I start a business? What kind of mindset do I need to be successful? What is the hardest part about owning a business? What is the hardest part about real estate investing? Is real estate a safe investment? Real estate vs stock market. Is real estate overpriced? How do I buy my first rental property? How do I buy my first commercial property?Join Podchaser to...
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