Episode #85

20/20 Money Episode # 85 – Getting a Fair Deal: An Optometrist’s Guide to Savvy Real Estate Leases with Colin Carr

June 22, 2020

Hello, and welcome to this episode of 20/20 Money! My guest on today’s show is Colin Carr. Colin is the founder and CEO of CARR, a nationwide commercial real estate company specifically focused on representing the needs and interest of healthcare providers. Colin has mastered several niches in healthcare real estate and is passionate about helping others maximize their profitability through real estate.

In this conversation, Colin and I cover a wide spectrum of topics. Among them, Colin shares what NOT to do when you see vacant space that you’re interested in, three main ideas to consider when evaluating whether you should lease space vs buy real estate, why having great lease terms increases your practice’s valuation, the timeline for commercial real estate development, and areas to capitalize during a lease renewal and what would a new tenant get if they were coming into this space.

As a reminder, you can get all the information discussed in today’s conversation by visiting our website at www.integratedpwm.com and clicking on the Learning Center. While there, you can also set up a 20-30min Discovery conversation to learn a little bit more about what it means to work with our firm or check out any number of additional free resources like our eBooks and on-demand webinars.

Start Planning Today

Don’t miss out on exclusive access to financial tips, strategies, and expert-led webinars. Subscribe to the “Planning Life, On Purpose” newsletter today and stay ahead of the planning curve!

And with that introduction, I hope you enjoy my conversation with Colin Carr.

Episode Transcript

Enjoy our content? Subscribe for regular updates!

Related Podcasts

Why you can’t ignore AI as a practice owner (and a beginner’s path to using it) with Eugene Shatsman

Eugene joins me to talk about how artificial intelligence is showing up in optometry and why there’s a growing gap…

  • Practice Management
Getting unstuck from the messy middle of business operations with Mandy Brown

Ever feel like you’re stuck in the “messy middle” and on the operations “hamster wheel” in your practice? If so,…

  • Practice Management
Design tips to maximize the patient experience (and thus your profitability) with Bill Gerber

You know optical design is important, but you also know it’s complicated. Where do you begin? How much should you…

  • Practice Management
PREVIEW: The Optometry Success Podcast – Reducing business risk when adding associate ODs in an established practice

Adding associate ODs in an established practice feels risky. Let’s go from risky to empowering! In this episode, we explore…

  • Buy or Sell a Practice, Practice Management
Why value creation matters more than timing your exit: a conversation with Tom Turmell

If you wait until you’re ready to sell to start planning, you’re already late. My guest on today’s show is…

  • Practice Management
How one owner left his practice for 30 days—and why more owners should consider it

If you’ve ever felt chained to your practice and the thought of stepping away for an extended period of time…