Debt-Free Industrial Investing with Joel Friedland

In this insightful episode, Tim sits down with Joel Friedland, CEO of Brit Properties, to dive into the power and philosophy of debt-free industrial real estate investing. Joel shares how a chance cold call led to a decades-long career in syndication and real estate, the lessons he’s learned from four economic downturns, and why he believes in operating without leverage. Joel explains the math behind lower-risk investing, his deeply personal reasons for avoiding debt, and how his team finds success in simplicity, tenant quality, and long-term holds. He also opens up about past struggles with lenders and how those experiences shaped his unique investment strategy today. Whether you’re a seasoned investor or just real estate curious, Joel’s stories, philosophy, and practical wisdom will leave a lasting impression.

In this episode, you’ll learn:

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  Why Joel avoids debt—even when interest rates are low

  
  


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  How his company structures deals to reduce risk for investors

  
  


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  What happened when he tried to convince a business to move out of their “dump”

  
  


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  The real risks of commercial lending most people overlook

  
  


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  How Joel’s team is mentoring the next generation of real estate professionals

  
  


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  What Joel wishes he had known earlier in his career

  
  

------------------------------------------------ Interested in being part of this? Please visit our guest invitation page where you can learn more and fill out a brief questionnaire to get started: https://phoenixprosperitypodcast.com/guest It’s going to be enlightening and, most importantly, a lot of fun. I’d love for you to be a part of it!