In this episode of Commercial Property Investing Explained, Beau Thaller joins hosts Steve Palise and Adrian Chicino to share how he turned a weekend Lego side hustle into a $1 million commercial property portfolio in under two years.

With no prior investing experience, Beau built equity fast through two well-located commercial assets in Perth. One was a warehouse with value-add potential, and the other a retail property that skyrocketed in value within months of purchase.

This episode covers how Beau leveraged his eCommerce business to fund deposits, why he chose commercial over residential, and what it really takes to build a portfolio from scratch.

We also get into:

• Why Beau walked away from residential investing after his first home build
• How he added nearly $500K in equity from just two properties
• Structuring deals for strong cash flow with upside through market reviews
• Lease terms, tenant negotiations, and managing risk as a new investor
• How a side hustle turned full-time income helped him scale faster
• The mezzanine equity strategy that adds value without major renovations
• Why Palise Property advised him to walk away from a deal, and what happened next

▶️ Want to see the full breakdown? Watch the episode on YouTube: He Turned a Lego Side Hustle Into a Property Portfolio Worth Over $1M

Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE

Get your FREE Commercial Property Paydown Calculator CLICK HERE

Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE

Get FREE access to the Commercial Property Institute course - CLICK HERE

HOSTED BY:
Steve Palise
Ph: 0403 878 497
Email: steve@paliseproperty.com

LinkedIn: https://au.linkedin.com/in/steve-palise

Adrian Chicino
LinkedIn: https://www.linkedin.com/in/adrian-cicino-08b9a96b/
Email: adrian@paliseproperty.com

In this episode of Commercial Property Investing Explained, the mics flip again as Andrew Bean grills co-host Steve Palise about the most recent addition to his personal portfolio: an $3.175 million neighbourhood retail centre in south-east Queensland.

With a lease-doc loan, a 50% deposit and a yield just shy of 6%, Steve locked in roughly $100k of net passive income from day one, added $150k of value within a fortnight, and set himself up to nudge an 8% yield without lifting a paintbrush.

You’ll hear the full breakdown, from how he out-bid three other buyers by going unconditional (and still “over-paying” by only 2.5%), to why boring, multi-tenant strip retail beats chasing a massive residential property portfolio.

We also get into:

• The lease-doc loan playbook: structuring a three-year, interest-only facility around the asset’s WALE (and why a short loan term didn’t scare him)
• Insurance shocks and laundromats: the hidden costs of tobacconists, lint filters and public-access assets and the simple tweaks that slashed premiums
• How one vacancy swap lifted the cap rate overnight and set a new rental benchmark for the entire centre
  
  
  

▶️ And if you want to see the walkthrough of the deal, check out the full video on YouTube: I bought a shopping centre (and sold all of my resi properties)

Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE

Get your FREE Commercial Property Paydown Calculator CLICK HERE

Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE

Get FREE access to the Commercial Property Institute course - CLICK HERE

HOSTED BY:
Steve Palise

Ph: 0403 878 497

Email: steve@paliseproperty.com

LinkedIn:https://au.linkedin.com/in/steve-palise

In this episode of Commercial Property Investing Explained, we’re flipping the script. Steve Palise takes over the mic to interview our usual host, Andrew Bean — and for good reason.

Because in under 12 months, Andrew turned a tired, underperforming self-storage facility in Wollongong into a fully renovated, cash-flowing beast… and walked away with $2.3 million in equity.

With just $150k down.

No bank funding upfront.

And a whole lot of hustle.

You’ll hear the full story — from the creative deal structure (hint: it involved an option contract and 150+ tenants), to the exact improvements he made, how he funded the renos using revenue from the property itself, and how he dealt with angry tenants when their rents doubled overnight.

We also get into:

• Why self-storage is one of the most overlooked commercial asset classes
• How Andrew negotiated a win-win for every party in the deal (including the agent)
• The real cost of creating “passive” income (spoiler: it’s not so passive)

If you’ve ever wanted a breakdown of what it actually takes to pull off a value-add commercial deal — this is it.

▶️ And if you want to see the walkthrough of the deal, check out the full video on YouTube: How He Made $2.3M in Less than 12 Months with Almost NO Money Down

Meet Andrew Bean
Andrew is the Head of Client Strategy at Palise Property and the host of The Commercial Property Show Australia — the country’s #1 podcast on commercial real estate.

He’s been investing in commercial property since 2016 and is now regarded as one of Australia’s leading educators on self-storage investing.

He’s also the founder of CP Data, the first platform to break down commercial markets by sector using data — and a former professional baseball player for Australia and Germany.

When he’s not scouting deals or recording podcasts, you’ll find him hanging out with his kids or at the CrossFit gym.

Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE

Get your FREE Commercial Property Paydown Calculator CLICK HERE

Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE

Get FREE access to the Commercial Property Institute course - CLICK HERE

HOSTED BY:
Steve Palise

Ph: 0403 878 497

Email: steve@paliseproperty.com

LinkedIn: https://au.linkedin.com/in/steve-palise

🔗 Need help securing your next commercial property? 👉 Schedule a FREE consultation with Palise Property: https://www.paliseproperty.com/

We sat down with Belinda the Valuer to unpack what really goes into commercial vs residential property valuations—and how to play the game smarter as an investor.

Connect with Belinda:
Website: https://addvaluer.com/

LinkedIn: https://www.linkedin.com/in/belinda-botzolis-30010a151/
Instagram: https://www.instagram.com/belinda.the.valuer/
TikTok: https://www.tiktok.com/@thevaluer

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📋 Download our 100 Point Due Diligence Checklist 👉 https://www.paliseproperty.com/due-diligence-checklist

—

Steve Palise is a buyer’s agent experienced in sourcing quality commercial property investments. He has helped thousands of clients secure and purchase properties. Steve Palise has worked for Australia’s leading buyers’ agencies and is passionate about helping others to achieve their goals and financial freedom. His philosophy: Investments should increase your wealth and passive income with as little risk as possible.

Contact us:
https://www.paliseproperty.com/contact

—
Connect
Website: https://www.paliseproperty.com/
Facebook: https://www.facebook.com/paliseproperty/
LinkedIn: https://www.linkedin.com/in/steve-palise
Instagram: https://www.instagram.com/paliseproperty/

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Video produced by Social Wave
https://www.socialwave.com.au

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DISCLAIMER: Not Legal, Financial & Taxation Advice.

The Listener acknowledges and agrees that:
• Any information provided by us is provided as general information and for general information purposes only;
• We have not taken the Listeners’ personal and financial circumstances into account when providing information;
• We must not and have not provided legal, financial or taxation advice to the Listener;
• The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, and taxation advisor and the Listener’s accountant;
• The information may not be suitable or applicable to the Listener’s individual circumstances;
• We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.

In this episode of Commercial Property Investing Explained Simply, Andrew Bean and Steve Palise chat with Tim Unwin, a licensed asbestos assessor from All Clear Group, about what investors need to know when it comes to asbestos in commercial buildings.

We cover:

• What asbestos actually is and why it was so widely used in Australian buildings
• Where it’s commonly found in commercial properties (including the places you wouldn’t expect)
• How to identify it—and when testing is necessary
• What the law says—asbestos registers, management plans, and compliance requirements
• The cost of removal—when it’s necessary, what it involves, and how much it could set you back
• How asbestos affects property values—does it scare off buyers, or can it create opportunities?
• The legal risks—why failing to comply with asbestos regulations can lead to massive fines (or worse)

Meet Tim Unwin

Tim is a licensed asbestos assessor and founder of All Clear Group, a leading asbestos consulting firm in NSW. He specialises in asbestos testing, sampling, registers, and management plans for commercial property owners.

With years of experience, Tim has seen it all—hidden asbestos nightmares, million-dollar miscalculations, and investors who either panic too soon or don’t act when they should.

And just for fun, Steve throws Tim a curveball about surviving in a sperm suit in the sweltering Aussie heat don’t miss Tim’s laugh-out-loud response.

Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE

Get your FREE Commercial Property Paydown Calculator CLICK HERE

Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE

Get FREE access to the Commercial Property Institute course - CLICK HERE

HOSTED BY:
Steve Palise

Ph: 0403 878 497

Email: steve@paliseproperty.com

LinkedIn: https://au.linkedin.com/in/steve-palise

David Beckett spends his days saving commercial property investors from making catastrophic mistakes, and today, he joins Steve Palise and Andrew Bean to reveal the deals that fell apart during due diligence - and why they dodged these bullets.

You'll discover:

• A vape shop's hidden criminal connections
• The truth behind a "fully leased" building's vacant floors
• How a secret sex club operation nearly trapped an investor
• The $2M mistake hiding in council planning documents
• Why a "simple" sublease almost cost one buyer everything
• The undisclosed leaseback that killed a seemingly perfect deal

Meet David Beckett

After reviewing 500+ commercial properties at Palise Property, David's developed a reputation for finding problems others miss. His methodical approach to due diligence has saved clients millions in potential losses and legal headaches.

His expertise covers:

• Lease document analysis
• Council compliance checks
• Building condition assessments
• Tenant background verification
• Title and planning investigations

David's philosophy is simple - assume nothing, verify everything. His detective work has uncovered everything from illegal modifications to elaborate tenant scams.

If you're looking at commercial property deals, this episode reveals exactly what can go wrong when you skip the deep research.

Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE

Get your FREE Commercial Property Paydown Calculator CLICK HERE

Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE

Get FREE access to the Commercial Property Institute course - CLICK HERE

HOSTED BY:
Steve Palise

Ph: 0403 878 497

Email: steve@paliseproperty.com

LinkedIn:https://au.linkedin.com/in/steve-palise

Owen Byles has been doing big industrial deals in Brisbane's Trade Coast for 10 years. Today, he sits down with Andrew Bean and Steve Palise on the latest episode of Commercial Property Investing Explained Simply to reveal what actually changes when you jump from starter properties to serious money.

Topics covered:

• Key differences between low-value and high-value commercial properties
• How negotiation and financing strategies change as property values increase
• Tenant stability and the risks of vacancy in larger properties
• Insights into Brisbane’s Trade Coast region and why it's a hot spot for industrial investment
• Value-add opportunities and why holding onto properties long-term can generate massive capital growth
• The pros and cons of strata versus freehold properties
• How to navigate expressions of interest (EOI) campaigns and secure the best deals

Meet Owen Byles

Since joining Cushman & Wakefield in 2015, Owen has dominated Brisbane's Southern TradeCoast market. 250+ deals later, he's the guy property owners call when they want straight talk and quick results.

His patch covers the industrial hotspots:

• Murarrie
• Morningside
• Hemmant
• Lytton
• Tingalpa
• Bulimba
• Cannon Hill
• Mansfield

After getting his REIQ license and Business Management diploma, Owen's built a reputation for one thing - making deals happen without the usual real estate games.

If you're ready to step up from small commercial deals, this episode shows you exactly what changes - and what doesn't.

Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE

Get your FREE Commercial Property Paydown Calculator CLICK HERE

Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE

Get FREE access to the Commercial Property Institute course - Use discount code FREECOURSE

CLICK HERE

HOSTED BY:
Steve Palise

Ph: 0403 878 497

Email: steve@paliseproperty.com

LinkedIn:https://au.linkedin.com/in/steve-palise

Welcome to another episode of the Commercial Property Investing Explained Series! Your hosts, Andrew Bean and Steve Palise, have another action-packed episode, this time with the one and only Davie Mach, founder of Box Advisory Services.

Davie started Box Advisory Services in 2016 with the mission of simplifying accounting for small businesses and contractors by leveraging technology and a relationship-based approach. In addition to his work at Box Advisory Services, Davie also runs a YouTube channel under his own name, where he shares insights on accounting, business, and personal finance topics.

In this episode, he is sharing insights around SMSF’s - a hot topic right now.

Topics covered:

• Setting up an SMSF
• Costs
• Post-setup considerations
• SMSFs and commercial property
• SMSFs and tax efficiency

Tune in to see if SMSF investment could be your next move.


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Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST: CLICK HERE

Get your FREE Commercial Property Paydown Calculator: CLICK HERE

Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights: CLICK HERE

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Get FREE access to the Commercial Property Institute course - Use discount code FREECOURSE: CLICK HERE


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HOSTED BY:
Steve Palise



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Ph: 0403 878 497

Email: steve@paliseproperty.com

LinkedIn: https://au.linkedin.com/in/steve-palise