POPULARITY
Austin Allison, CEO of Picasso, discusses his company's luxury second home co-ownership model that allows people to buy as little as one-eighth of a home. He joins Caroline Woods to discuss how this model differs from timeshares and traditional home ownership, and how it can be a more appealing option for luxury buyers looking to eliminate home ownership headaches.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Mark Zurada is the COO and Co-Founder of PinPoint Analytics, an AI-powered platform transforming how public works projects are estimated and bid. PinPoint harnesses advanced algorithms and historical bid data to help contractors, municipalities, and engineering firms in the $200 Billion construction industry generate more accurate, competitive estimates with unmatched precision. At PinPoint, Mark leads daily operations, AI product development, data strategy, and go-to-market execution. He also drives sales, marketing, and customer acquisition, aligning product-market fit through deep analytics, customer interviews, and stakeholder feedback. With over a decade of experience as an entrepreneur, attorney, engineer, and consultant, Mark brings a cross-functional approach to solving complex challenges.(01:29) - AI in public construction works(02:36) - Challenges in public works bidding(6:07) - Guesswork in construction(08:17) Scaling AI solutions in local governments(13:47) - Feature | Market Stadium - Book a demo: Optimize your Multifamily & Single-family market analysis(14:58) - Scaling construction estimates in highly localized space(18:19) - Examples of bidding processes(24:17) - AI's Impact on Public Spending and Efficiency(28:20) - Feature: Blueprint 2025: The Future of Real Estate - Register now(29:06) - Collaboration Superpower: Historical Figures
Julie Kheyfets is the CEO of Block Renovation, an AI-first marketplace platform revolutionizing the home renovation industry by connecting homeowners with contractors and streamlining project planning. She assumed the CEO role in January 2025, following seven years as the company's COO. Before joining Block, Julie led North American growth for Tractable, an AI company specializing in accident and disaster recovery solutions, where her efforts contributed to the company's valuation surpassing $1 billion. Beyond her professional achievements, Julie is an accomplished ultramarathon runner, having secured first place in the women's category at the Habanero Hundred in 2021. (01:13) - Challenges in home renovations(02:31) - Julie's journey to Block(03:43) - Building trust with AI & data(05:49) - Contractor vetting process(08:17) - Feature | Market Stadium - Book a demo: Optimize your Multifamily & Single-family market analysis(9:28) - An AI architect in every investor's & homeowner's pocket(12:07) - Growth playbook(16:34) - Industry Trends & Homeowner Mistakes(20:11) - Homeowners & contractors :: Landlords & renters(21:55) - Feature: Blueprint 2025: The Future of Real Estate - Register now(23:45) - Business Model & Marketplace Trust(25:51) - Collaboration Superpower: Courtney Dauwalter (Wiki) & Brian Chesky (Wiki)
Frederik Hendriksen is the co-founder of Rensair, pioneering the world's first air quality ecosystem to cut carbon, costs, and pollutants through next-generation ventilation technology. Rensair's connected solutions optimize existing HVAC systems, reducing energy costs while delivering cleaner, healthier indoor air—without expensive infrastructure upgrades. Their tech traces back to Frederik's father, a ventilation engineer, who originally developed a standalone air purification system for hospital operating rooms, and to help Frederik's twin brother manage severe asthma. Inspired by this innovation, Frederik and his team are now hacking HVAC to tackle the climate crisis and transform building ventilation, ushering in a new era of carbon efficiency, cost savings, and clean indoor air.(01:49) - The tech behind Rensair(04:29) - Impact of HVAC on building energy consumption(06:00) - Rensair's energy efficiency solutions(13:31) - Feature | Market Stadium - Book a demo: Optimize your Multifamily & Single-family market analysis(17:51) - Business model & partnerships(19:20) - Challenges & opportunities in Climate Tech(24:23) - Leveraging AI for indoor air quality(29:44) - Feature: Blueprint 2025: The Future of Real Estate - Register now(31:55) - Greenland & Climate change(34:16) - Collaboration Superpower: Niels Ryberg Finsen (Wiki)
Sean Miller is the Chief Revenue Officer at Lessen, leading sales and marketing to expand its tech-enabled property maintenance, repairs, turns and capital improvement services platform, with 3 million work orders completed annually. With deep expertise in real estate technology and IoT, he currently serves as Built Environment advisory board member of SIA, and previously served as CRO at Sensor Industries, CEO and Co-founder of Griot, and President of PointCentral (an Alarm.com subsidiary). He has also held leadership roles at Belkin and Generac, driving smart property and remote monitoring solutions.(01:26) - Sean Miller's Career Journey(03:50) - The Evolution of maintenance in Real Estate(09:29) - Feature | MarketStadium - Book a demo: Optimize your Multifamily & Single-family market analysis(10:40) - Lessen's revenue levers & tech investments(14:56) Labor shortages & operational efficiency(16:42) - Data-Driven Decisions: Repair vs. Replace impact on insurance(21:10) - Cost-efficiencies from Water leak detection tech & asset tagging(27:16) - Feature: Blueprint: The Future of Real Estate - Register now(29:14) - AI & automation for Maintenance(33:17) - Collaboration Superpower: Thomas Jefferson, Michael Jordan & Croesus (Wiki)
Dennis Lee is the co-founder and CEO of MarketStadium, a real estate data platform transforming how investors analyze multifamily and single-family markets. His journey began as an urban planning researcher in South Korea, where he identified key locational advantages driving gentrification in Seoul. This insight led him to explore how urban planning research could be applied to real estate investment decisions.After studying at NYU's Schack Institute of Real Estate, Dennis joined Lionstone Investments, where he helped manage a $9 billion real estate portfolio using a location-first investment strategy. Recognizing the potential to bring urban planning insights and data analytics to the broader real estate industry, he co-founded MarketStadium with a team of urban planning PhDs, tech developers, and industry experts.(02:57) – Dennis Lee's background & MarketStadium's Origin(05:11) – Market Stadium's Vision for Offerings(07:07) – Multifamily sector insights(13:19) - Feature | MarketStadium - Book a demo: Optimize your Multifamily & Single-family market analysis(17:55) – Leveraging data for Real Estate investment decisions(25:10) – Climate Risk & AI in Real Estate(28:46) - Feature | Berkadia's BeEngaged - Connect with the team: Ecosystem of founders, industry professionals, and capital providers dedicated to redefining the Commercial Real Estate space.(30:20) – Advice for founders looking to partner with institutional players(31:15) - Lessons from the Korean market(31:50) - Collaboration Superpower: Leonardo Da Vinci & Sandro Botticelli (Wiki)
Lior Abramovich is the Co-Founder & CEO of Blanket, a platform transforming the single-family rental market backed by RE Angels. With over a decade of experience, he's overseen $200 million in acquisitions for more than 1,000 investors. Beyond real estate, Lior is dedicated to impact-driven initiatives—he co-founded Golden, a nonprofit renovating homes for senior citizens in need, and a foundation committed to providing clean drinking water to children worldwide. A graduate of the University of Haifa with a degree in Political Science, Lior also served eight years in the Israeli Navy, holding leadership roles as Executive Officer of the Naval Academy and Chief Engineer of a Navy warship.(03:10) - Lior's & Blanket's Origin Story(06:03) - SFR Property Management Landscape(10:20) - Blanket's Business Model & Growth(17:57) - Challenges & Opportunities in SFR Property Management(24:11) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of the venture-backed company at Pacaso.com/invest25:59 Challenges and Insights in Property Management(26:40) - Expanding Across Markets(32:48) - Feature: Blueprint - The Future of Real Estate 2025(35:53) - Leveraging AI in Property Management(40:40) - Blanket's Media Strategy & Industry Impact(44:08) - Collaboration Superpower - Winston Churchill & Giovanni di Bicci de' Medici (Wiki)
Ben Borton is a Co-Founder of PodPlay Technologies, where he oversees go-to-market strategy and leads the Sales and Marketing teams. He also serves as Chief Strategy Officer and was the first external investor in PodPlay's parent company, PingPod Inc. Before joining PodPlay, Ben held several leadership roles in the finance and technology sectors, including as Head of Digital Fund Services at Figure Technologies, Partner at Mountaineer Partners, and Partner at MM Capital. Throughout his career, Ben has been a founder or partner in multiple investment management firms and an active technology angel investor.(01:00) - Ben Borton & Podplay Technologies(06:06) - PingPod, the autonomous sports venue(09:50) - Real Estate opportunities with Podplay(14:26) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(16:13) - Enhancing building & company culture with sports(18:24) - Revenue sharing model with landlords(19:40) - Podplay vs. Topgolf(25:54) - Autonomous operating model(28:28) - The rise & trends shaping third places(34:48) - Feature: Blueprint - The Future of Real Estate 2025(35:35) - Office-to-retail conversion opportunity(41:17) - Inspiration from ServiceTitan's IPO(47:16) - Collaboration Superpower: Charles Dickens (Wiki) & David Foster (ITTF)
Austin is CEO of Pacaso and co-founded the company with Spencer Rascoff (co-founder and former CEO of Zillow) to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life. Pacaso is Austin's second startup. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Austin started selling real estate at the age of 18 and worked in residential and commercial real estate for a decade.(01:38) - Housing market update(05:26) - Rise of fractional investing & ownership(9:06) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(13:52) - Pacaso's Reg-A offering(16:16) - Pacaso vs. timeshares vs. shares of Hotel companies(21:38) - Property management & owner benefits(26:27) - Community impact & housing affordability(29:39) - Pacaso's Business Model(35:22) - Feature: Blueprint - The Future of Real Estate 2025(36:12) - Reg A investments, transparency & compliance(53:41) - Collaboration Superpower: Steve Jobs
In this episode of Own It, we chat with Austin Allison, founder and CEO of Pacaso, a global co-ownership platform for vacation homes. Austin shares his remarkable journey — from buying his first home at 17 to founding the real estate tech startup Dotloop, which he sold to Zillow and, later, launching Pacaso. With a foundation rooted in hard work and resilience, Austin dives into the challenges of entrepreneurship, the power of passion-driven problem solving, and his mission to make vacation home ownership more accessible.What You'll Learn About:Playing to Your Passions: How to build businesses around problems you're deeply passionate about solving. Surrounding Yourself with the Right People: The value of mentors, investors, and teammates who bring expertise and energy to the table.Why Resilience Wins: The importance of a relentless focus on the mission during tough times.Innovative Thinking: How Pacaso reimagined co-ownership with streamlined financing, scheduling, and management solutions.Living in the Moment: Inspired by the book Die With Zero, Austin stresses the importance of creating memories today instead of waiting for “someday.”_________________Own It WebsiteOwn It Youtube ChannelInstagramFacebookLinkedInTwitter @siderealestateEmail us at ownit@side.com
Is fractional ownership the future of affordable housing? Austin Allison, CEO of Pacaso, joins us once again, this time to discuss the potential of co-ownership and how it can address affordability challenges. We explore the innovative model behind Pacaso, the benefits of co-owning vacation homes, and the importance of an infinite mindset in entrepreneurship. Austin shares his insights on navigating challenging markets, building a resilient business, and embracing change in the real estate industry. Follow this link for the Summer 2024 housing market update from Pacaso. Connect with Austin on - LinkedIn. Check out Pacaso on - Pinterest - YouTube - X - LinkedIn - Instagram. And online at pacaso.com. Follow Real Estate Insiders Unfiltered Podcast on Instagram - YouTube - Facebook - TikTok. Visit us online at realestateinsidersunfiltered.com. Link to Facebook Page: https://www.facebook.com/RealEstateInsidersUnfiltered Link to Instagram Page: https://www.instagram.com/realestateinsiderspod/ Link to YouTube Page: https://www.youtube.com/@RealEstateInsidersUnfiltered Link to TikTok Page: https://www.tiktok.com/@realestateinsiderspod This podcast is produced by Two Brothers Creative 2024.
Austin Allison, CEO of Pacaso, reveals how his company is transforming luxury vacation home ownership through an innovative co-ownership model. Learn how Pacaso navigated COVID challenges, regulatory hurdles, and achieved $1 billion in transactions within four years, while democratizing access to high-end properties worldwide. Learn more about your ad choices. Visit megaphone.fm/adchoices
Overview: In this episode, Greg Robertson chats with Austin Allison, CEO of Pacaso, about his entrepreneurial journey in real estate, starting with Dotloop and transitioning to his current venture, Pacaso. The discussion covers lessons learned from his early career, how Pacaso is revolutionizing second home ownership, and insights into raising capital through innovative approaches like Regulation A. Key Takeaways: 1. Austin's Journey in Real Estate: • Austin Allison started his real estate career early, getting his license at 18. His early experiences selling homes during college inspired him to create Dotloop, which he later sold to Zillow. • The entrepreneurial lessons from Dotloop, including navigating challenging markets and working with large real estate brands like Keller Williams, set the foundation for his future ventures. 2. The Birth of Pacaso: • After selling Dotloop, Austin co-founded Pacaso, a platform aimed at democratizing second home ownership by enabling people to co-own luxury homes. The idea stemmed from his own experience of buying a second home and realizing most vacation homes sit unused for much of the year. • Pacaso allows people to purchase a share of a vacation home, creating more efficient and accessible ways to own luxury properties. 3. The Challenges of Scaling a Startup: • Pacaso had rapid growth, especially during the early days of the pandemic when people sought second homes, but faced new challenges in 2023 due to rising interest rates and a cooling real estate market. • The company has refocused on profitability and expanding its market presence globally, with operations in the U.S., Europe, and Mexico. 4. Innovative Fundraising through Regulation A: • Pacaso recently explored raising capital through Regulation A, a public fundraising method that allows retail investors to buy into private companies. This method democratizes access to investment opportunities typically reserved for institutional investors. • Austin believes this approach aligns with Pacaso's mission of making second home ownership more accessible and also raises brand awareness by turning investors into advocates. 5. Future of Pacaso and Second Home Ownership: • Pacaso aims to continue expanding its product offerings and entering new markets. While the current focus is on high-net-worth individuals, Austin envisions future opportunities to lower the entry point for ownership, making the Pacaso model more accessible to a broader audience. • Austin emphasizes the long-term potential of Pacaso and the importance of scaling the business carefully to meet the demands of a large, untapped market. Reach Out: Austin on LInkedIN Find out more about Pacaso • Learn more about Pacaso: Pacaso.com • Explore Regulation A investment opportunities with Pacaso. Our Sponsors Trackxi - Real Estate's #1 Deal Tracking Software Giant Steps Job Board - Where Proptech gets hired Production and editing services by: Sunbound Studios
Austin co-founded Pacaso to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life. Pacaso is Austin's second startup. In 2008, he founded Dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired Dotloop in 2015, and Austin continued to run Dotloop as a Zillow executive until 2018. Links:Austin on LinkedInThe Pacaso BackstoryConnect & Invest with Jake:Follow Jake on Twitter: https://twitter.com/jwurzakTake the Hospitality Investing Masterclass: https://learn.jakewurzak.com/Learn How to Invest with DoveHill: https://bit.ly/3yg8PwoTopics:(00:00:00) - Intro(00:02:31) - Austin's career in RE(00:08:54) - Building DotLoop(00:25:52) - Selling the business to Zillow(00:28:33) - The future of RE agent commissions(00:34:09) - Building Pacaso(00:41:05) - Raising capital for the business(00:48:43) - Revenue opportunities(01:01:45) - Market selection(01:05:18) - Master-plan resort communities(01:10:48) - International markets(01:14:12) - Most common objections (01:15:43) - Challenges in seasonal markets(01:16:55) - Financing in a co-ownership structure(01:18:42) - What is your favorite hotel?
This week on the Power House podcast, Clayton Collins sits down with Austin Allison, the CEO and co-founder of Pacaso, a co-ownership marketplace for luxury vacation homes with over a billion dollars in transactions across 40 destination markets. In this episode, Austin shares the lessons from building and scaling successful real estate businesses. Clayton and Austin also discuss the hard-to-sell mortgage model behind co-ownership and how, even in a complicated macro environment, Pacaso is addressing the growing affordability problem by offering fractional ownership of high-end vacation homes. Here's what you'll learn: How surrounding yourself with the right people drives success Why understanding your Total Addressable Market (TAM) and a strong monetization strategy are crucial to survive and thrive How the co-ownership model addresses affordability challenges in real estate How Pacaso is working to make the American dream accessible to more people Related to this episode: Austin Allison | Linkedin Pacaso | LinkedIn HousingWire | YouTube Enjoy the episode! The Power House podcast is a show about leadership, markets and entrepreneurship in the housing industry. Each Thursday, Clayton Collins speaks with CEOs and founders from the mortgage and real estate sector to reveal how housing executives think about business growth, operational strategy, and leadership. The Power House podcast reveals the full picture through the stories of the industry's most impactful leaders. Clayton Collins is the CEO of HousingWire, and the Power House podcast is produced by HousingWire's Content Studio. Initially launched in 2019 as the Housing News podcast, the show was relaunched as Power House in 2024. Learn more about your ad choices. Visit megaphone.fm/adchoices
Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ Episode Summary: In this engaging episode, Shawn DiMartile interviews Austin Allison, the innovative mind behind Pacaso, a burgeoning platform revolutionizing vacation home ownership. Broadcasting from Tuscany, Italy, Austin shares his journey from humble beginnings in Cincinnati, Ohio, to becoming a leading figure in real estate technology. He talks about his early ventures, notably DotLoop, and its acquisition by Zillow, and delves into his latest endeavor, Pacaso. This platform redefines second home ownership by enabling co-ownership of luxury vacation properties. Throughout the conversation, Austin elaborates on the inner workings of Pacaso. He explains how the model supports real estate investors in acquiring shares of high-value properties in prime locations for a fraction of the cost. Austin details the rigorous processes involved in managing these properties, from vetting and onboarding homes to ensuring seamless operation and maintenance, sidestepping common pitfalls associated with co-ownership. This episode is a must-listen for anyone intrigued by the future of real estate investment and the innovative solutions Pacaso offers to current market challenges. Key Takeaways: Transformative Co-ownership Model: Pacaso enables multiple owners to co-own luxury vacation homes, reducing costs and operational headaches Broad Market Access: Pacaso operates in over 40 destinations globally, including the U.S., Paris, London, and Mexico, offering diverse property options Seamless Management: Pacaso manages all aspects of the home, from maintenance to scheduling, ensuring a hassle-free experience for owners Resale Opportunities: Owners can sell their shares through Pacaso's marketplace, providing liquidity and flexibility similar to traditional real estate transactions Growing Trend: Co-ownership is becoming more popular as housing affordability declines, allowing more people to enjoy the benefits of luxury property ownership How to connect with Austin: Website: Pacaso Instagram: @pacasohomes LinkedIn: Austin Allison Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com
Lisa Rockefeller is the Chief Revenue Officer at Cortex Sustainability Intelligence, the decarbonization platform built for commercial real estate, where she's driving the go-to market strategy. Cortex's advanced AI helps CRE teams amplify operational effectiveness, make informed decisions about capital investments, and tactically address regulation risks. Lisa has spent over 15 years in the regulated and unregulated Climate Tech space, including at EnerNOC's, a leading provider of cloud-based energy intelligence software, and at Palmetto Solar. (0:25) - Lisa's origin story(1:18) - Quantifying the real estate decarbonization problem(5:40) - Defining sustainability goals for CRE players(10:25) - Cortex's data stack(13:23) - Types of asset classes & building sizes working with Cortex(20:11) - Feature: Blueprint Vegas - The Future of Real Estate Is Here. Tangent listeners get a $300 discount at BlueprintVegas.com/Tangent(21:02) - Driving Cortex's adoption & estimating ROI(23:33) - Has Real Estate done enough to cut carbon emissions? (32:04) - Collaboration Superpower: Neil deGrasse Tyson (Wiki)
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Global Economy Reporter Enda Curran and Bloomberg News International Economics & Policy Correspondent Michael McKee discuss the economic impact of the Baltimore bridge collapse. Shamina Singh, Founder and President of Mastercard Center for Inclusive Growth, talks about fostering inclusive growth and financial inclusion. The Mastercard Global Inclusive Growth Summit takes place on April 18. Austin Allison, Co-Founder and CEO at Pacaso, explains modernizing real estate co-ownership to make second homes possible. And we Drive to the Close with Mace McCain, CIO at Frost Investment Advisors. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Global Economy Reporter Enda Curran and Bloomberg News International Economics & Policy Correspondent Michael McKee discuss the economic impact of the Baltimore bridge collapse. Shamina Singh, Founder and President of Mastercard Center for Inclusive Growth, talks about fostering inclusive growth and financial inclusion. The Mastercard Global Inclusive Growth Summit takes place on April 18. Austin Allison, Co-Founder and CEO at Pacaso, explains modernizing real estate co-ownership to make second homes possible. And we Drive to the Close with Mace McCain, CIO at Frost Investment Advisors. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.
Changes are coming to the studio class booking system. Peloton adds a new class filter option. Music options now showing during live classes. Tread having technical issues. Stay calm! No live classes 12/23-1/1. Jon Hosking in a commercial for Crystal Palace FC. Susie Chan finished 6th female in 10-mile race and was highlighted by Strava. Instructor quote t-shirts dropped this week. Charlotte Weidenbach celebrates her second Peloton anniversary. Dr. Jenn - How to give a true 100% for your workout. The latest artist series features Run DMC. Anya Adams lands producing/director gig on Netflix show. C.J. Albertson sets his sights on the Olympics. TCO Top Five. New row, strength, and pilates classes. Kristin McGee to teach her first Magic Circle Pilates class. Peloton's Hip Hop 50 Tour (w)raps up with the East Coast. New levels on Lanebreak. The next 2-hour Power Zone ride will be in January. Birthdays - Camila Ramon (12/18) All this plus our interview with Austin Allison! Love the show? Subscribe, rate, review, and share! https://www.theclipout.com/ See omnystudio.com/listener for privacy information.
Marshall Cox is a PhD in Electrical Engineering, and the Founder and CEO at Kelvin, winner of the MIT Clean energy prize, the Popular Science Innovation Award, and the Verizon Powerful Answers award. The Kelvin team has developed a system that eliminates overheating in pre-war buildings. The system, called the Cozy, is a wireless, low-cost, and easily installed retrofit that drops on top of radiators to control indoor temperatures in buildings with radiator heat. In individual installations the system can eliminate overheating and vastly improve comfort. By retrofitting whole buildings, the Cozy redistributes steam flow to heat up colder rooms faster, saving up to 40% in heating costs and yielding a potential cumulative annual savings of $7 billion over the 120 million residential and commercial radiators in the United States.(0:22) - Why should we decarbonize buildings (2:47) - Origin of heating tech(3:55) - Carrots & sticks for building decarbonization(7:17) - Kelvin origins(9:46) - Kelvin's smart radiator covers(11:37) - Improving operations' bottom line(12:55) - Financing decarbonization solutions(15:31) - Cozy's low maintenance (17:22) - Precision in estimating building savings(19:50) - Hybrid electrification adoption(25:30) - Elevating living experience for renters(26:38) - Collaboration Superpower: Jigar Shah (Director of Loan Programs in the US DoE)
Groundfloor is a private real estate lending marketplace open to non-accredited investors. Groundfloor opens the door to short-term, high-yield returns backed by real estate. Their platform brings together individual investors looking for short-term lending investments and borrowers looking for short-term financing for their specific real estate projects. Borrowers get access to more flexible, faster and cheaper capital than a traditional bank or a hard-money lender. Investors get access to short-term, high-yield investments. Groundfloor earned a historic qualification by the SEC in August 2015 to sell private real estate debt investments to non-accredited investors.
RCKRBX is the first real estate SaaS platform that puts the voice of the renter at the Multifamily developer's and investor's fingertips, including across key investment, development, marketing, leasing, and management decision points. The platform delivers actionable intelligence around the preferences, priorities, attitudes, and viewpoints that drive renter decision-making combined with predictive analytics to understand how these factors will impact asset performance and value over time, to what extent and why. Michael and James are applying their lessons from Political campaigning to the Real Estate world in a unique way.(1:13) - State of Multifamily(8:43) - Return to work impact on Multifamily(11:45) - What Multifamily can learn from political campaigns(16:44) - Demand side insights: What renters are looking for(25:00) - Canvassing renter insights to power investment decisions(32:23) - What Multifamily developers are missing(40:42) - What moves the rent needle beyond typical amenities(45:07) - Collaboration Superpower: Henry Ford
Aleksandr Gampel co-founded Cuby Technologies with Aleh Kandrashou in 2021 to tackle the construction labor shortage. After 200,000 engineering hours, Cuby is setting the stage to commercialize hundreds of mobile micro-factories (MMF's) on or near construction sites to enable developers, general contractors and local partners to build better buildings faster, more affordably with less labor.
Get the inside scoop on second home ownership opportunities, affordability, and how to offer a portfolio of second homes to your clients from Austin Allison, CEO of Pacaso. On this episode of Real Estate Insider's Unfiltered, James and Keith talk to Austin about how he got into real estate at a young age, his advice to those just starting off in the industry, his experience launching two very successful companies including Dotloop, and much more. This episode is jam packed with a lot of insight. Tune in and hear what he has to say and learn more about second home ownership affordability. Follow the link to check out Pacaso. Follow Real Estate Insiders Unfiltered Podcast on Instagram - YouTube - Facebook - LinkedIn - TikTok. Visit us online at realestateinsidersunfiltered.com. This podcast is produced by Two Brothers Creative 2023.
Mike Schneider is the CEO & Co-founder of Acre Homes. Acre combines the ease of renting with the financial upside of owning. Acre is available in Raleigh-Durham, and will be launching in Atlanta and Nashville soon. Previously, Mike served as the VP of Technology Strategy at RE/MAX, and Co-founded First, a real estate tech company that leveraged machine learning to help agents win more business.(2:12) - Acre: Breaking the Renting or Home Mortgage paradigm(7:13) - Acre's model during variable interest rate environment(8:59) - Opportunity residents & investors(10:19) - Market growth(10:54) - Taking the Tesla approach: 10x better than mortgage(12:48) - Buying a home with a partner(15:28) - Acre Homes price point(16:47) - Feature: Blueprint (17:52) - Rent-to-own, buy before you sell, Home Equity products.(21:41) - Challenges of mortgages & bias in home appraisals(25:07) - Generating returns in Single family homes(25:42) - North Carolina ecosystem: Raleigh-Durham Research Triangle(29:51) - US cities transport options(33:26) - Collaboration Superpower: Steve Jobs(38:57) - Discomfort Zone: Is Built-to-rent overrated?
This is a Tangent Special episode. Discomfort Zone: the art of stepping out of your comfort zone to pivot in business and in life, and the science of changing your mind when you are faced with new facts and acquire new experiences.(0:25) - Zach Aarons (GP & Co-founder at MetaProp)(3:03) - Nick Romito (CEO & Founder at VTS)(3:47) - Kevin Ortner (CEO at Renters Warehouse and President at Appreciate)(5:09) - Steve Eisman (The Big Short investor)(6:14) - Noah Isaacs (Co-founder at Bowery Valuations)(7:34) - Imran Noorani (CSO at Peak Power)Connect with Tangent:
Former Zillow Execs, Austin Allison and Spencer Roscoff, have started a new venture, Pacaso, a fractional real estate investing site. David Willbrand joins Laura and Kevin to explain what that is and we discuss if its time for ThatTechPod to buy a baller home somewhere. David Willbrand is the Chief Legal Officer of Pacaso. Before joining Pacaso as its Chief Legal Officer, David founded, grew and chaired one of the most prominent startup and venture capital legal practices in the Midwest. He's the author of “Seed Deals: How to Grow from Startup to Venture Capital,” and he's a Professor of Law at the University of Michigan, where he teaches an introductory course on Startups & Venture Capital, as well as an advanced course on Mergers & Acquisitions. He loves philosophy, red wine and a good pair of Jordans.
Tangent Tank - Solving the Housing Crisis, a Tangent original series.
Today's RealTrending features Austin Allison, founder of Pacaso, a co-ownership model that allows people to own a second home at 1/8 of the cost. Austin shares his insights on prop-tech innovation surrounding financing, talks about what's next for Pacaso and shares where he sees the opportunity in today's market.Related to this episode:Connect with Austin on LinkedInPacasoHousingWire's YouTube ChannelEnjoy the episode!RealTrends Agent and Team Rankings are now open! Submit here before April 14th to be featured in the industry's trusted rankings program. Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, and set the pace for what's next in our industry. 2023's Gathering of Eagles is at Omni Barton Creek Resort in the rolling hill country of Austin, Texas from June 18-21. Click here to learn more and register your spot!The RealTrending podcast features the brightest minds in real estate. Every week, brokerage leaders, top agents, team leaders, and industry experts share their success secrets, trends, and lessons learned navigating this ever-changing industry. Hosted by Tracey Velt and produced by Elissa Branch.
Today's RealTrending features Austin Allison, founder of Pacaso, a co-ownership model that allows people to own a second home at 1/8 of the cost. Austin shares his insights on prop-tech innovation surrounding financing, talks about what's next for Pacaso and shares where he sees the opportunity in today's market.Related to this episode:Connect with Austin on LinkedInPacasoHousingWire's YouTube ChannelEnjoy the episode!RealTrends Agent and Team Rankings are now open! Submit here before April 14th to be featured in the industry's trusted rankings program. Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, and set the pace for what's next in our industry. 2023's Gathering of Eagles is at Omni Barton Creek Resort in the rolling hill country of Austin, Texas from June 18-21. Click here to learn more and register your spot!The RealTrending podcast features the brightest minds in real estate. Every week, brokerage leaders, top agents, team leaders, and industry experts share their success secrets, trends, and lessons learned navigating this ever-changing industry. Hosted by Tracey Velt and produced by Elissa Branch.
Founder and CEO of Pacaso, Austin Allison, discusses how co-ownership has become the smart and responsible model of purchasing a second home, and could help ease the affordability problem in in-demand areas.
Joining Lloyd this week, is Austin Allison, CEO of Pacaso, the fastest-growing tech unicorn of all time. From humble beginnings, and an unusual path, Austin Allison, founder at Pacaso, has taken an unconventional path to the top. A self-proclaimed “troubled teen” and near high-school drop-out, Austin, on the back of an epiphanical moment, turned his life around to become a top performer at college, and become a multi-unicorn founder. Son of a carpenter, with a clear entrepreneurial streak from a young age, selling birdhouses having seen the joy a birdhouse made by his father brought to his mother, Austin started his first business aged 8. Fast-forward a number of years, and Austin has founded a business sold for 9 figures, and now founded the fastest-growing tech unicorn ever. From 0 to a $1B+ valuation in 5 months! However, what stands out with Austin is his attention to culture. Despite all this success, where Austin really takes pride is in the environments he has created and the room for his team to flourish. Infusing Pacaso with an Infinite Mindset, focused not on the short-term, nor even long-term, but aiming to build a business that outlives even himself, Austin's mentality is inspirational. A fantastic episode on how to build cultures, how to build sustainably in bear markets and really, a modern tech founder's guide. Book recommendations: The Hard Thing About Hard Things - Ben Horowitz The Infinite Mindset - Simon Sinek [ 0:00 - 3:26 ] An introduction to Pacaso - the fastest growing tech unicorn of all time[ 3:27 - 10:46 ] Fractionalised ownership of 2nd homes & angry Cornwall seagulls[ 10:47 - 15:55 ] The How and Why of Pacaso[ 15:56 - 22:01 ] How Pacaso went from 0 to $1Bn+ in 5 months[ 22:02 - 28:38 ] The macro-market and building sustainably in a bear market[ 28:39 - 33:08 ] Austin's background, from humble beginnings to unicorn founder[ 33:09 - 39:45 ] From being unproductive to maximum productivity[ 39:46 - 44:28] Austin Allison's Forbes: He earned it[ 44:29 - 49:57 ] The cruciality of culture[ 49:58 - 55:46 ] The Infinite Mindset[ 55:47 - 58:59 ] The modern leader: vulnerable and empathetic[ 59:00 - 1:06:11 ] Future projections & Closing thoughts
Neal Mitchell is one of the founders and a Realtor with Digging Deep Realty. Neal has been in the real estate industry since 2011. For 11 years, he has been developing, designing, building, and selling real estate business plans for growth and expansion. Neal operates in Ohio as a Realtor and supports his team in California.His extensive experience in the real estate industry, finance, technology, and logistics makes him an invaluable asset to the Digging Deep Realty team of full-time professional agents and their clients.He joins us this week to review what he learned after years in the fast-paced real estate startup world. He walks through how you can apply that to your own venture starting a side hustle and how to turn that into a scalable business.Support the show
Imagine owning only one-eighth of a house. You get many of the benefits of a regular holiday home, except you share the ownership with seven other parties. Would that interest you? This week I catch up with Austin Allison. Austin co-founded a platform called Pacaso which enables second-home ownership through a fractional ownership model. Through this model of home ownership, Pacaso is able to increase the utilisation of a second home from 10-15% to roughly 90%. Within six months of launching, the business scored a $1 billion valuation which skyrocketed the startup to unicorn status. In this episode, Austin and I discuss the fractional home ownership model, how Pacaso acquires properties, the spectrum of buyers, and the purchasing process. We also dig deeper into his entrepreneurial journey and how he's built such an impressive company in just two years. Discussion points 03:10 What is Pacaso 06:45 Timeshare vs Fractional Ownership 08:20 How scheduling works 14:00 Adoption of the fractional ownership model 17:51 Ways of acquiring properties 19:40 The spectrum of buyers 21:16 Austin's entrepreneurial journey 25:17 Challenges Austin's faced 29:00 Raising money for a startup 32:00 Working with investors 34:25 Austin's expectations 36:00 Family support 38:20 The mechanics of a company like Pacaso 40:00 Benefits of co-ownership 43:07 How Pacaso makes money 45:00 How the homes are sold 46:37 How real estate brokers react to Pacaso Show Sponsors: Smartkas: Providing food security as a service [https://www.instagram.com/smartkastech/?hl=en] Najahi Events: The UAE's leading event promotor [https://www.instagram.com/najahievents/?hl=en] Socials: Spencer Lodge https://www.instagram.com/spencer.lodge/?hl=en https://www.linkedin.com/in/spencerlodge/ https://www.youtube.com/c/SpencerLodgeTV Austin Allison https://www.instagram.com/gaustinallison/ https://www.linkedin.com/in/austinallison https://mobile.twitter.com/gaustinallison
Austin is CEO of Pacaso and co-founded the company to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life. Pacaso is Austin's second startup. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Austin started selling real estate at the age of 18 and worked in residential and commercial real estate for a decade. Austin enjoys running, mountain biking and flying. He lives in Napa, CA with his wife Angela and their son. LinkedIn: https://www.linkedin.com/in/austinallison/ --- Support this podcast: https://anchor.fm/geeksofthevalley/support
How does real estate technology help you grow your business? This episode is just right for you to answer that question. https://www.linkedin.com/in/marnieblanco (Marnie Blanco) has 24 years of experience in industry relations, business development, product management, product marketing, training, and support, with 19 years focused on the real estate vertical. In this episode, she shares insights on the technological aspects of real estate. Learn what https://www.pacaso.com/ (Pacaso) is and how Marnie manages her team effectively with the latest innovations! --- Marnie Blanco, VP of Industry Relations, Pacaso We're going to talk about fractional homeownership. Some of you know what I'm going to say, that's https://www.pacaso.com/ (Pacaso). This was the Austin Allison, Spencer Rascoff company that was started a few years ago. It makes it possible for more people to enjoy the pleasures, joys, and experiences of owning a second home without having to own the entire home, fractional ownership, either an eighth, a quarter or a half. We have Marnie Blanco. She is the Vice President of Industry Relations. We're going to chat with her about first of all how she got into the business. Second, we're going to talk a lot about Pacaso, how it works, how it can be used by agents, and get an in-depth look at this new model. Let's get this thing started. Marnie, welcome to the show. Thank you. I am excited to chat with you. Pacaso exploded on the scene. I don't know any other way to say that. When Austin and Spencer got together, it makes perfect sense that those two guys would figure something out. First, we're going to talk about you. I want to find out about you. Specifically, you live in the Denver area, is that true? Yes. I'm a little bit South of Denver in Castle Pines, Colorado. You were born and raised in Colorado, correct? Born and raised and I tell everyone I will live and die here as well. Why Colorado? I don't want to say sell me on Colorado because you don't want more people moving there, but what do you love about Colorado? It's funny you said that. I do always tell them. I'm like, "People, it's horrible here. No more people come." Born and raised and my family is here. It's all I've ever known and all I've ever lived. I am a creature of habit, but I can be that way because every job that I've had in my career for several years now has had some travel involved in it. It's pretty extensive travel. I still see all parts of the country. I still get to get out and spread my wings, but Colorado is special to me. [caption id="attachment_4278" align="aligncenter" width="600"] Real Estate Technology: Take that leap and don't be afraid to make changes in your professional life.[/caption] The number one reason is my family is here. Particularly, my sister, who lives about five minutes down the street from me. She has two girls. I have two girls. They're all a year apart from each other. They go to school together. I always say, "I would live and die here," with the disclaimer that if she decides for some reason to get up and move, then I would follow her. You both are probably saying the same thing about Colorado. All is good. You're going to stay there. I asked this question a lot to people when we talk about where they grew up. Give me the biggest misconception about your home state. Every time people hear Colorado, they say skiing. All you do is ski. People ask me all the time if I ski, and I did as a younger kid. I had to come to grips with the fact that if I'm being honest with myself, I don't like skiing. I'm not going to do it anymore. The biggest misconception is people think Colorado is all about skiing, where in fact, it's more of an outdoorsy type of state. We have our Colorado mountains that are famous for skiing, but people go there just as much in the summer and other seasons than they do in the winter. It's a year-round type of state. We have...
In this episode, "Introducing Pacaso: Forever Changing the Real Estate Industry," Robin Graham, Managing Director and Head of Oppenheimer's Technology Investment Banking, talks with Austin Allison, CEO & Co-Founder of Pacaso, about this radical new concept in real estate: co-ownership of luxury second homes. Subscribe to listen to the full episode available on all major podcast platforms. Podcast Disclosure: This podcast is the property of Oppenheimer & Co. Inc. and should not be copied, distributed, published or reproduced, in whole or in part. The information/commentary contained in this recording was obtained from market conditions and professional sources, and is educational in nature. The information presented has been derived from sources believed to be reliable but is not guaranteed as to accuracy and does not purport to be a complete analysis of any strategy, plan, security, company, or industry involved. Opinions expressed herein are subject to change without notice. Oppenheimer has no obligation to provide any updates or changes. Any examples used in this material are generic, hypothetical and for illustration purposes only. All price references and market forecasts are as of the date of recording. This podcast is not a product of Oppenheimer Research, nor does it provide any financial, economic, legal, accounting, or tax advice or recommendations. Any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. Securities and other financial instruments that may be discussed in this report or recommended or sold are not insured by the Federal Deposit Insurance Corporation and are not deposits or obligations of any insured depository institution. Investments involve numerous risks including market risk, counterparty default risk and liquidity risk. Securities and other financial investments at times maybe difficult to value or sell. The value of financial instruments may fluctuate, and investors may lose their entire principal investment. Prior to making any investment or financial decisions, an investor should seek advice from their personal financial, legal, tax and other professional advisors that take into account all of the particular facts and circumstances of an investor's own situation. The views and strategies described may not be suitable for all investors. This report does not take into account the investment objectives, financial situation or specific needs of any particular client of Oppenheimer or its affiliates. This presentation may contain forward looking statements or projections regarding future events. Forward-looking statements and projections are based on the opinions and estimates of Oppenheimer as of the date of this podcast, and are subject to a variety of risks and uncertainties as well as other factors, including economic, political, and public health factors, that could cause actual events or results to differ materially from those anticipated in the forward-looking statements and projections. Past performance does not guarantee future results. The performance of a benchmark index is not indicative of the performance of any particular investment; however, they are considered representative of their respective market segments. Please note that indexes are unmanaged and their returns do not take into account any of the costs associated with buying and selling individual securities. Individuals cannot invest directly in an index. Oppenheimer Transacts Business on all Principal Exchanges and Member SIPC 4695062.1
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Austin Allison, CEO of Pacaso Homes, to talk about the shifting dynamics in the market for second homes. Austin gives an overview of Pacaso's innovative model for second home ownership, outlines the surprising community benefits of shared second homes, shares key considerations for people thinking about second homes as an investment, and more. About Austin Allison Austin Allison co-founded Pacaso to make the dream of second-home ownership a reality for more people after experiencing the profound effect it had on his own life. Pacaso is Austin's second startup. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Austin started selling real estate at the age of 18 and worked in residential and commercial real estate for a decade. Here's a glimpse of what you'll learn: A look at Pacaso's innovative model for second-home ownership The ways in which shared vacation homes have similar benefits to carpooling Why Pacaso's second homes are almost fully utilized, while single-owner second homes only get used five to six weeks per year Why the inventory shortage — especially in second-home markets — is here to stay How redirecting second-home demand frees up inventory for local primary home buyers Featuring Mike Simonsen, CEO of Altos Research A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets. Resources mentioned in this episode: Austin Allison on LinkedIn Austin Allison on Twitter Pacaso Mike Simonsen on LinkedIn Altos Research Follow us on Twitter for more data analysis and insights: https://twitter.com/altosresearch https://twitter.com/mikesimonsen See you next week!
More about Pacaso and Austin AllisonPacaso is a technology-enabled marketplace that modernizes real estate co-ownership to make owning a second home possible and enjoyable for more people. Pacaso curates luxury listings with premium amenities and high-end contemporary interior design, offers ⅛ to ½ ownership with integrated financing, and, after purchase, professionally manages the home and supports seamless resale. Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso is the fastest company to reach Unicorn status and now operates in more than 30 top second home destinations around the world. Pacaso has been certified as a Great Place to Work and is recognized as one of Glassdoor's 2022 Best Places to Work. Austin co-founded Pacaso to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Follow Austin on Twitter Connect with Austin on LinkedIn Follow Pacaso on Twitter Check out Pacaso
In this episode, Derek interviews Pacaso CEO Austin Allison about owning shares of luxury vacation homes and how it all works. Then Derek and Johnny catch up and give their thoughts on second home co-ownership. This is more a lifestyle play than a pure investment, but we can see where this would be a great option for many people. Austin co-founded Pacaso to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life. Pacaso is Austin's second startup. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Austin started selling real estate at the age of 18 and worked in residential and commercial real estate for a decade. Austin enjoys running, mountain biking, and flying. He lives in Napa, CA with his wife Angela and their son. Listen to ILAB 199 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Ireland/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: FundriseFundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: Pacaso: The Modern Way to Own a Second Home Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:39 – How did you get into the business and what was your inspiration? 10:26 – How does this differ from a timeshare? 12:23 – How does Pacaso get paid if you do not retain any percentage of the property? 14:58 – Can I use my own real estate agent? 16:07 – Do you get to look at the property in person? 18:13 – Is there a minimum hold on the property you choose? 18:59 – How many shares can you buy per home? 20:00 – What value are you looking at in purchasing a home through Pacaso as compared to just buying a home? 21:32 – What is a property LLC? 23:19 – Can you rent the property? 26:44 – Can you let a friend or family member use the property? 28:47 – Why are you encouraged to not park on the street? 30:48 – Can you operate a business from the home? 31:29 – What fees does Pacaso charge for maintaining the home? 33:43 – Do the homeowners have to agree with what Pacaso assesses? 36:24 – Can home owners contact each other directly? 38:24 – Can you later buy the house outright if you enjoy the home? 40:10 – What is the investment growth of purchasing a home through Pacaso? 43:11 – Patreon Question : Can non US citizens purchase homes through Pacaso? 44:07 – Patreon Question : What are some locations you are considering both in the US and globally? 45:24 – Patreon Question : How has Pacaso handled backlash from the community? 48:01 – Patreon Question : Do you provide any additional services that come with the home? 51:14 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2021. All rights reserved. Read our disclaimer here.
The Risk Report with Roman the Stoic Episode #63 Today I am joined by a longtime friend & the talented visionary behind the Orlando based band Meare, singer-songwriter Austin Allison. We go through how music has shaped our lives from our pre teen years. From playing rock band to making music and life in between. sharing our perspectives on modern life and how the implications of social media have on how music and art is perceived in every our day life. This one was lots of fun ! hope you enjoy Meare - "Awry" Instagram: @meareband @avstinallison --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/theriskreport/message Support this podcast: https://anchor.fm/theriskreport/support
Austin Allison, a surgical technologist, and James Ladika, a registered nurse at Providence St. Joseph Hospital discuss the frightening conditions of patients in the ICU, the impacts the COVID pandemic has had on hospital procedures, the mental and emotional tole it is taking on staff and the importance of getting vaccinated.
First, Jason covers the new Apple Maps and what he speculates it means for their next major product (2:11), then discusses SEC Chair Gary Gensler calling crypto the "wild west"(10:38). Then, Jason interviews Pacaso Founder & CEO Austin Allison about fractional home ownership, battling NIMBY's and more (24:46)!
First, Jason covers the new Apple Maps and what he speculates it means for their next major product (2:11), then discusses SEC Chair Gary Gensler calling crypto the "wild west"(10:38). Then, Jason interviews Pacaso Founder & CEO Austin Allison about fractional home ownership, battling NIMBY's and more (24:46)!
Tangent on LinkedInTangent on TwitterTo learn more:Pacaso - The modern way to buy and own a second homeAustin Allison on social: Twitter & InstagramAlso featured:Culdesac - The first car-free neighborhood built from scratch in the USSupportive Housing Network of NY - Collective effort to end homelessness among the most vulnerable New Yorkers
Austin Allison sold his college startup for $120M, after raising just $14M. His latest venture has already brought $1.7B in capital onboard and is growing. He has raised funding from top-tier investors like Fortress Investment Group, Kathleen Hale, First Republic Bank, and Acrew Capital.
Austin Allison sold his college startup for $120M, after raising just $14M. His latest venture has already brought $1.7B in capital onboard and is growing. He has raised funding from top-tier investors like Fortress Investment Group, Kathleen Hale, First Republic Bank, and Acrew Capital.
Secrets of Selling to Zillow and Making 2nd Home Ownership Dreams Come True. Austin Allison Co-founder and CEO of Pacaso $1Billion Valuation, founder DotLoop sold to Zillow is interviewed by David Cogan famous celebrity host of the Eliances Heroes Radio Show and founder of Eliances entrepreneur community broadcast on am fm radio, internet syndication. www.eliances.com
Secrets of Selling to Zillow and Making 2nd Home Ownership Dreams Come True. Austin Allison Co-founder and CEO of Pacaso $1Billion Valuation, founder DotLoop sold to Zillow is interviewed by David Cogan famous celebrity host of the Eliances Heroes Radio Show and founder of Eliances entrepreneur community broadcast on am fm radio, internet syndication. www.eliances.com
The real estate market is crazy right now. In this short update show we share one story of real estate madness, check in with Glenn Sanford of eXp World Holdings on agent disruption, hear from Austin Allison of Pacaso on the second home boom, and get a sobering look at climate change with Michael Beckerman of CRETech.Share your thoughts with us: media@millionacres.com or call: 844-615-2201. Timestamps0:00 Introduction 2:15 House hacking and the crazy housing market 5:55 eXp and agent count 8:48 Pacaso and the future of second homes 11:50 Michael Beckerman and climate change
The marketing of co-owned vacation homes in a scenic part of Northern California is causing an uproar among full-time residents. Real estate company Pacaso is buying single-family homes within driving distance of busy metro areas, and reselling them to as many as eight buyers. It’s an idea that has evolved during the pandemic. But it’s also creating a debate over the impact of co-owned homes in single-family neighborhoods.Pacaso was planning to launch its co-ownership plan in a few vacation spots before the pandemic began, but like everything else, those plans were delayed by COVID-19. Over those next several months, the Pacaso strategy changed. The pandemic highlighted the importance of “home” and created new vacation preferences. Pacaso’s original idea for co-owned vacation homes that might involve air travel morphed into one focused on a one to two-hour drive from home.At the helm of Pacaso are two Zillow executives -- former Zillow co-founder and CEO, Spencer Rascoff, and former Zillow executive, Austin Allison who’s serving as the Pacaso CEO.The concept of co-ownership is nothing new, but they say Pacaso makes it easier. As the website boasts: “Co-ownership simplified. We manage the home, and you own it. It’s the modern way to buy and own a second home.”Allison also explained in a press release: “The traditional process is difficult, high risk and onerous. Pacaso is the easy button for co-ownership.” They finally launched their new Pacaso model last October with $267 million in funding. The company is calling it the “Pacaso everywhere” plan.It begins with an interested buyer who wants a part-time vacation home they can drive to. Pacaso helps that first buyer determine how much time they’d like to spend in the home, sets up an LLC, and finds other buyers. Pacaso also manages the property so the owners don’t have to.As many as eight buyers can purchase a home and use the home for 44 days a year. Buyers can buy more than one share if they’d like more time in the home, and that would reduce the total number of owners. In the city of Napa, Pacaso is selling co-ownership shares for a home on Rainier street. It’s a quite, working-class neighborhood, according to a CBS report. Homes are about 1,300-square feet and sell for $700 to $800,000. The Pacaso home is going for $184,000 a share.It’s not a short-term rental because all the people occupying the home are owners, but it’s causing a short-term rental type uproar. In this case, the neighbors are opposed to having what they call a “time-share” vacation home in their neighborhood. Some of those neighbors told CBS, they feel like the co-owners won’t be involved in the community and are simply “sneaking” into the neighborhood. Signs have gone up staying: “Stop Pacaso. Don’t commercialize our neighborhood.” They also argue that co-owned homes are reducing the affordable housing supply. It worth noting that homes in that neighborhood are going for 700 to $800,000. Pacaso’s Allison had a few good points in response to the uproar. He argues that by selling these homes to eight second-home owners, there are fewer people in the competition pool for second homes. He also clarifies that these homes are not time-shares because they are owner-occupied. His arguments didn’t convince the City Attorney in nearby St. Helena who declared them illegal under a law that prohibits time-shares. Pacaso has filed a lawsuit in that case.In defense of company objectives, Allison says Pacaso is helping people who can’t afford to buy their vacation dream homes or don’t want the home to sit vacant for most of the year. And he says: “It’s really not up to other neighbors to say who can or can’t own in their neighborhood. Just because somebody can’t afford a $1.5 million home, doesn’t mean they shouldn’t be able to co-own a $1.5 million home with a coupe of other people.”If you want to investigate this topic further, you’ll find a links on the podcast player page for this episode at NewsForInvestors.com.Links:1 - https://www.prnewswire.com/news-releases/pacaso-launches-to-create-new-category-of-second-home-ownership-secures-267-million-in-funding-301143719.html2 - https://sanfrancisco.cbslocal.com/2021/04/28/homeowners-in-a-battle-with-company-converting-houses-into-co-owned-wine-country-vacation-homes/3 - https://www.pacaso.com/
Austin Allison is the co-founder of the disruptive real estate startup Pacaso, which recently became the fastest company to ever reach unicorn status, or a $1 billion valuation. I recently featured Pacaso in a Forbes piece published on April 1st, where I highlighted the company’s unique value proposition, which centers around letting individuals own fractional shares of luxury second homes. Austin shares how buying his first home at the age of 17 sparked his passion for real estate, and the surprising start to his entrepreneurial journey (hint: it has to do with birds). Also, I asked you to take a walk down memory lane with me and share your first every job and salary. A few of your submissions are highlighted in the show.
This post is part of a Youtube/Podcast/Click-able Blog Series called “After The Exit” — the show where I interview CEO's after they've sold their startup and have them share the lessons they learned in blood about business, relationships, and life. Look — you can learn a couple tips from how they built it, but the real wisdom — the moral of the story — comes at the end — after the exit. Today I'm really excited to introduce you to Austin Allison, former founder and CEO of dotloop. Austin started selling real estate at the age of 18, and worked in residential and commercial real estate for a decade. In 2008, in his hometown of Cincinnati, he founded dotloop- a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. He is now cofounder and CEO of Picaso, which enables people to buy a second home through shared ownership. He lives in Napa, California with his wife Angela and dog Paris and enjoys spending time in his second home in Lake Tahoe, California. --- Send in a voice message: https://podcasters.spotify.com/pod/show/aftertheexit/message
Tangent on LinkedInTangent on TwitterLearn more:Meister Seelig & Fein LLPMatthew Kasindorf on LinkedInFeatured Stimulus:RevelAndAwe.com/Tangent 01:40 - Atomic Networking: How networking is changing in the remote work era3:58 - The Democratization of Networking: Context is queen13:01 - Real Estate Tech adoption during COVID-1919:58 - How will Commercial leases change temporarily and permanently24:37 - Stimulus: Revel & Awe Coaching Company26:25 - Housing affordability & supply crisis: Is rent regulation making it worse?30:46 - Has transparency finally arrived to Real Estate transactions34:50 - Discomfort Zone: The '86 & '08 downturns echoing in today's recession39:28 - Prof. Kasindorf's advise to a 20-year old starting their career in Real Estate Law
Tangent on LinkedInTangent on TwitterLearn more:-The Neighborhood Challenge, An Open Innovation Platform for Small Businesses-Jonathan Lane on LinkedIn-NYC Economic Development CorporationFeatured Stimulus:-Fusion100 (Discount code: Tangent)Relevant Links:-The Color of Law, by Richard Rothstein-The 13th, on Netflix2:37 - Jon's journey: From Non-profit to Venture Capital to the public sector5:13 - What is the NYCEDC's role?9:13 - #AllinNYC - Campaign to revitalize the city's hospitality sector & galvanize locals 14:20 - Growth vs. Resiliency: How can NYC become resilient and provide for all New Yorkers?21:51 - Stimulus: Ilan Orgel's Fusion10023:40 - Why NYC shouldn't worry about the headlines about tax base leaving28:26 - LowTech: Can BigTech lead New York's next wave of innovation?33:53 - Can NYC office & the remote work revolution coexist?38:58 - A more just society starts with anti-racism & upward economic mobility44:58 - Discomfort Zone: Personal resiliency to combat hustle culture50:00 - Jon's advise to a 20-year old starting their career in the public sector
Tangent on LinkedInTangent on TwitterLearn more:TFliving.comDevin's contact: devin@tfliving.comFeatured Stimulus:Fusion100co.com (discount code 'Tangent')1:47 - Devin's entrepreneurial journey into the Real Estate amenities space and TFLiving's mission to enhance resident experience.4:16 - What measures are property owners & managers taking to ensure residents are safe during COVID-19?10:14 - Urban mobility trends from Tier 1 cities (New York & San Francisco) to 18/7 cities.12:43 - The appeal of Denver, Austin and Nashville for Multifamily investors15:57 - Stimulus: Ilan Orgel's Fusion100 Lifestyle Brand17:54 - Harnessing Proptech to Enable On-site & Virtual Amenities22:41 - Real Estate opportunities in remote learning and remote fitness25:59 - How to empower the Gig economy & foster synergy within a remote team29:08 - AirBnB IPO and it's pivot to virtual experiences for renters31:54 - Discomfort Zone: Learning the importance of mental health and seeking professional help33:53 - What advice would Devin give his 20-year old self starting a career in Real Estate today?About Devin Wirt & TFLivingTFLiving is a tech-enabled amenities company providing services to residential and corporate locations across the US. TFLiving is a one-stop platform for on-site and virtual amenities, offering their services in 29 states, in over 100,000 units. Many of TFLiving's partnerships include real estate developers and property managers, such as Bozzuto, KETTLER, Greystar, First Service Residential, UDR Apartments.About Ilan Orgel & Fusion100Fusion100 was created in June 2019 out of New York City. The goal was to create a brand that motivates people to become the best version of themselves, emphasizing that everyone is unique in their own way. Ilan Orgel was inspired to create a quality lifestyle brand that was fashionable as well as comfortable. He is beginning to build recognition for this brand by sharing merchandise with athletes and other motivated partners.