The Next Generation Just Discovered Real Estate

Lululemon effect? More like "Basics of Real Estate"

I immediately thought of creating this “stitch” (basically adding my own comments to the original video) as soon as I saw it.

What a concept: a multi-million dollar business looks for one of the best areas in each metropolitan area.

Lululemon is looking for areas with $10 matchas, artisan ice cream, Tesla dealership (for better or worse), and the like.

Not all business should look at the areas Lululemon is investing in, however.

All businesses need to know a TON of metrics before signing a lease, let alone purchasing real estate (i.e. McDonalds)

Who’s coming into their stores? What’s their age/income/tax bracket? What time of day do they come in?

Lululemon factors in all of these metrics to determine which location is the best for them

For example, I will probably never see a Lululemon next to a Marshalls.

Or a Krispy Kreme

Or a 99 cent store (are they still around?)

I probably WILL find a Lululemon next to an Apple store, wellness stores that sell $12 juices, and possibly a Sephora.

It’s just on-brand for them.

Bringing it back to real estate - it’s all about location location location.

“If you build it, they will come”… only if it’s in the right area.

Want to hold high occupancy on your next investment property? Buy in a sought-after neighborhood

Want your home to appreciate and retire you in the future? Buy in a sought-after neighborhood

Want your extended family to visit you? Buy in a sought-after neighborhood.

And if you’re curious on what the sought-after neighborhoods are in Denver, You can just reply to this or shoot me an email.

Find out what I look for in an investment property in the timing of this market and in Denver Metro.

Of course, you can always find me on YouTube

Build more than wealth,
-Ian