Warren has been an active commercial real estate investor for the past 25 years in addition to his extensive experience a CPA. He is the co-founder of JRW Investments, Inc. and a managing member of ExchangeRight Real Estate, LLC where he focuses on empowering people to be independent by providing income funds and 1031-exchangeable investments that target secure capital and stable income. Warren has a B.S. in Business from Biola University and later earned a Master’s degree in Taxation from Golden Gate University.

Listen in to the discussion between RealtyMogul’s CEO, Jilliene Helman, and Warren Thomas, Managing Partner of ExchangeRight where we talk about the current and future state of retail/NNN investing. Warren shares his thoughts on the current state of the economy and his biggest concerns going forward and details the investment criteria that ExchangerRight apply and the reasoning behind them. He also details the 1031 exchange extension rules and recent changes to their structure and discusses the effect of the upcoming election on 1031 exchanges and investments.

“In the triple net and double net world its all about the credit quality and the nature of the tenants business.” - Jeremy Roll

This week on The Reality Mogul Podcast:

• The type of tenants that ExchangeRight have and how COVID-19 has effected rental payments
• How best to manage a 2 to 3 month lag in your business
• Warren’s biggest concern about the economy going forward
• Where to invest for future opportunities
• What defines an essential business and why that’s important for investors
• How Investment ratings are categorized and what different categories mean to the default rate
• The future for online commerce and NNN post-COVID-19
• Why Warren is cautiously optimistic and what shape he sees the recovery taking
• Warren’s policy for clients who have asked for rent relief
• Which way he sees interest rates and cap rates moving

Connect with Warren Thomas:

• ExchangeRight website
• Warren Thomas on LinkedIn
• ExchangeRight on Facebook
• ExchangeRight on Twitter

Connect with Reality Mogul:

• Realty Mogul Website
• Realty Mogul on LinkedIn
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter