Podcasts about multifamily development

If you want to know more about the intricacies of the real estate and multifamily market in Québec, look no further because we've got Axel Monsaingeon today!With this episode, we'll learn how multifamily investments and development projects can make a significant impact on a community, the worth of organizing meetups with like-minded people in the space,  some trends in the Québec market investors should know, and more meaningful subjects that you may find beneficial in your investing career. Start unlocking hidden opportunities outside the US by joining us!Key Points & Relevant TopicsAxel's journey to real estate investing and organizing meetups from online to in-person in QuebecThe most effective advice to attract investors in real estateAxel's criteria in evaluating potential projects and deals The importance of having your motivation in achieving your goals and creating an impact on your communityStructuring a deal and investment returns in Canada and how they're similar to the USAxel's exit plan for his deals in Quebec and how it's affected by their state legislationThe market rent in Quebec and how renovations help in calculating and raising rentsLong-term and future trends in the Quebec market and investment strategiesHow the Real Estate Effect Podcast started and its benefits for AxelAligning your business goals with family and personal lifeResources & LinksAxel's Podcast: The Very Real Estate EffectApartment Syndication Due Diligence Checklist for Passive InvestorAbout Axel MonsaingeonAxel was born and raised in the Caribbean on the island of St Barthelemy. After living for 3 years in Paris he arrived in Canada as a teenager to finish high school. He earned a bachelor's degree in Economics and Commerce from Concordia University – John Molson School of Business and started working for a global logistics company operating a container terminal. After 2 years, he went back to further his learning and graduated with a Master's degree in Supply Chain Management. He then started working in the supply chain department of a global manufacturing company in pulp and paper. After 3 promotions in five years, he moved to a Canadian National (rail company) to work in the supply management department. Since then he educated himself through mentors and coaches and built a healthy portfolio in multifamily and new construction projects. Axel is also the host of the Real Estate Effect Podcast focused on real estate investing in Quebec and organizes networking events for industry professionals. He is a loving husband, father of a 6-year-old boy and 4-year-old daughter, and likes to cook and run. Get in Touch with AxelWebsite: https://www.realestateeffect.ca/ Instagram: @axelmonsaingeonFacebook Group: Real Estate Effect Podcast - Investing GroupLinkedIn: Axel MonsaingeonYouTube: The Very Real Estate EffectPhone: (514) 836 5519Email: axel@realestateeffect.caTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

As work and leisure become more fluid and seamless, people are flocking to the urban core for the desirable lifestyle, convenient amenities, and high density that provide human connection. In this episode of The Square, discover how this trend is sparking an explosion in urban multifamily developments, shaping our streetscapes and communities, and changing the rhythm of our lives.  Join us as Luke Brohmer, Senior Associate in our Commercial Studio, explores how design impacts neighborhoods through walkability, materiality choices, and amenity spaces that create placemaking and permanency. He'll give you an inside look at the upcoming projects that will change the Dallas cityscape, making our city a more vibrant, sophisticated, and attractive place to live.  Visit: https://www.Corgan.com/  Also connect with us on: Instagram: https://www.instagram.com/CorganInc/  Facebook: https://www.facebook.com/CorganInc/  Twitter: https://twitter.com/CorganInc  LinkedIn: https://www.linkedin.com/company/corgan  Video Produced by: Corgan Have Questions? We'd love to hear from you.  Email: communications@corgan.com

Are you ready to gain more skills in the development side of real estate? Then, be all ears to this episode with Dusten Hendrickson, presenting us with his incredible success in remodeling and developing single-family and multifamily properties.Dusten highlights how he'd begun by building duplex and residential units to scaling bigger into multifamily syndications, financing strategies for ground-up projects, and the difficulties in the market that new developers need to know. Key Points & Relevant TopicsDusten's journey from buying an empty land to building and building his first duplex What Dusten considers when purchasing vacant land or lots for development projectsIs it challenging to acquire vacant land?What are the R1 and R2 zones and their differences?The involvement of banks in acquiring vacant landWays Dusten funds his development projectsThe positive impact of going to real estate investing conferences and meetupsDeveloping duplexes and single-family homes vs. larger multifamilyOvercoming roadblocks and challenges in ground-up development Why long-term hold is a good idea for ground-up development projectsObstacles the real estate development industry is facing in today's marketResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Dusten HendricksonDusten is a syndicator and the founder of Mailbox Money. Professionally, he develops and invests in wellness-designed multifamily real estate, existing value-add real estate, and he passively invests in other projects as an LP investor. He enjoys giving others the help and encouragement that they may need in order to begin their own multifamily investment journey.  Collectively, he owns and asset-manages 869 multifamily units, approximately 25,000 sq ft of commercial space and he passively invests in 2,034 units as an LP. He has been involved in real estate since 2002 (basically his entire career) and has practiced anything from owning a roofing company to building and acquiring single-family homes, multifamily apartment communities, mixed-use buildings, and commercial property. He has a passion for efficient buildings, great architecture, and wellness design. He collaborated with the South Dakota State University Department of Architecture to build the first Certified Passive House in South Dakota. He developed a skill set specific to value-add multifamily because of all the affordable design builds he has participated in - simply by living in a very frugal community. Personally, he loves to have fun in everything he does by being a positive influence through Christ. He also enjoys reading, playing basketball, cycling, cooking, and being involved with his wife, three children, family, and friends. Another passion of his is mentoring and assisting anyone who is seeking advice on real estate or, on a more personal level, the challenges of autistic children. Get in Touch with DustenWebsite: https://mailboxmoneyre.com/ LinkedIn: Dusten HendricksonEmail: Dusten@mailboxmoneyre.com To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

This week's episode features the incredible Vicky Lee, Senior Vice President of Development at FOCUS.Tune in as Vicky takes us on a captivating journey through career and shares what it's like to lead FOCUS's expansion into diverse markets across the Southeast region. Discover what inspired her transition from architecture to development and gain insights into the challenges and triumphs along the way.At Focus, Vicky defines strategies for organizational growth, spearheads acquisitions, manages developments valued at over $1.1B. She played a pivotal role in the success of The Atworth at Mellody Farm in Vernon Hills, IL which helped position FOCUS as a suburban placemaking leader.Vicky's expertise isn't limited to the boardroom – she actively contributes to the industry as Vice Chair of ULI Public Private Partnership Council (Blue), Vice Chair of ULI Chicago Product Council (Green), and Advisory Board member for ULI Chicago. With an MBA from Cornell University's S.C. Johnson School of Management and a BA in Architecture from the University of Notre Dame, she is a multifaceted leader who graciously shares her leadership insights on the show.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Vicky:LinkedIn: https://www.linkedin.com/in/vickyglee/https://workwithfocus.com/Vicky's Book Recommendation: In Praise of Difficult Women: Life Lessons From 29 Heroines Who Dared to Break the Rules via Amazon https://a.co/d/9zibGUmShe's Wild Sound Production by: Luke Surak, Surak Productions: surakproductions@gmail.com

Dive into the dynamic world of UK's built-to-rent sector with a captivating interview featuring Gerard Nock, Chairman of Apsley House Capital, and Polly Simpson, Head of Multifamily Development at Savills. In this insightful conversation, these industry veterans, with over 25 years of legal expertise for Gerard and a decade of multifamily development experience for Polly, unravel the intricate landscape of the property market in the United Kingdom.To connect with the professional experts in this post, email us at ask@londonproperty.co.uk. First, gain insights into the market's transformation from a niche concept to a mainstream housing solution. Gerard and Polly explore the evolving dynamics of the sector, touching on crucial factors such as fluctuating yields and rising costs. They also examine how the COVID-19 pandemic has reshaped tenant preferences, emphasizing the newfound importance of quality and flexibility in built-to-rent accommodations.Additionally, discover how the cultural shift toward renting as a lifestyle choice is influencing the UK market. The interview highlights the rise of single-family home rentals and their potential to reshape the industry. Furthermore, Gerard and Polly delve into the challenges and opportunities facing the built-to-rent market, discussing planning obstacles, regulatory changes, and the demand for affordable housing within these developments.Throughout the conversation, the experts share their thoughts on government support, investor sentiment, and the potential for future growth in the sector. Don't miss this opportunity to gain valuable insights into the thriving UK built-to-rent market.Interviewer - Farnaz Fazaipour | Property Investment & OwnershipFollow us your way using one of your favourite social media channels listed below:InstagramTwitterYouTubeLinkedInFacebookBuzzsprout

Odette Carey-Russell always knew that she wanted to own a home. More than that; she always wanted at least two units with the second helping to subsidize the other one that she would occupy. Follow her amazing journey with disappointments, twists, turns, lessons and ultimately, success.Learn what to look for when selecting a location to purchase property. Get insider knowledge on where best to get information to discover the future hot spots in your country. Hear how she pivots many times to create opportunities for herself and how to start your journey if you can't do it alone!Finally, if you have enough self-belief, get a clear understanding of how to go about building more than one home on the same lot and how to achieve the ultimate; not living for FREE; but getting PAID to live in your own house!!!   

On this episode of the Construction Record Podcast, digital media editor Warren Frey speaks with ConstructConnect chief economist Alex Carrick and senior economist Michael Guckes about the current housing crisis, how it affects construction and the wider economy and what the differences are between the U.S. and Canada as housing prices climb higher and higher and supply shrinks. Michael explained that while there is a narrative of people moving from larger cities to smaller ones because of increased housing affordability, numbers don't explain other factors such as big-city appeal. He also said while starts are used to measure housing demand, completions add a layer of understanding to where the housing economy is going. Both Alex and Michael agreed that labor continues to be a deciding factor in slowing growth of housing stock, which Michael attributed partly to an overreliance on the baby boomer generation which has now led to our current labour crisis. Alex also pointed to automation and modular construction as a possible path out of a labour shortage. The latest headlines include Daily Commercial News staff writer Angela Gismondi has a story about how Atlantic Canada is feeling pressure due to housing and immigration challenges in addition to a labour pinch, and a story about the recent Mass Timber Seminar Conference at George Brown College in Toronto which pitched mass timber technology as part of a collective solution to the housing crisis. From western Canada, Vancouver's city council recently approved a change to zoning that allows multiplex units in most neighbourhoods in the city, a move Vancouver Mayor Ken Sim praised. However, the British Columbia construction industry's push to get the provincial government to adopt prompt payment legislation has slowed, in addition to a “perfect storm” of inflation, interest rate hikes, supply chain issues and wildfires. You can listen to The Construction Record on the Daily Commercial News and Journal of Commerce websites as well as on Apple Podcasts, Spotify and Amazon Music's podcast section. Our previous interview featuring Angela Gismondi's interviews with Atlantic Canada construction stakeholders is here. Thanks for listening. DCN-JOC News Services Atlantic Canada feeling the labour pinch amid more housing, immigration challenges Mass timber ‘part of a collective solution' to the housing crisis Vancouver council approves zoning to allow multiplex units in most neighbourhoods B.C. prompt payment moving slowly: ‘We keep getting pushed off' Are Too Many Contractors Making the Same Bet on Multifamily Development? United States Population Clock Canadian Population Clock U.S. National Debt Clock  

Today's Guest is Paul Thompson.   Paul has been featured in numerous real estate podcasts and hosts his own podcast called Ready Investor One where he teaches the mindset and mechanics of real estate investing. Join Sam and Paul in today's show. -------------------------------------------------------------- [00:00:00] Intro [00:01:34] The challenges of ground-up development [00:05:18] Dealing with entitlements and negotiating with the city [00:10:02] The entitlement process and financing [00:11:48] The decision to pursue larger projects [00:13:38] Underwriting multifamily properties [00:20:45] Paul's journey from single-family investing to multifamily development [00:20:29] Challenges faced in ground-up development [00:21:14] Closing -------------------------------------------------------------- Connect with Paul: Facebook: https://www.facebook.com/pauldavidthompson180  Instagram: https://www.instagram.com/pauldavidthompson/  Twitter:https://twitter.com/WinCoreInvest  Linkedin: https://www.linkedin.com/in/paulthompson-wincoreinvest/ Web: https://pauldavidthompson.com/free-resources/   Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → sam@brickeninvestmentgroup.com   SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Paul Thompson (00:00:00) - The way it works in the development business is the longer you hold the land, the more money you make. So the sooner you sell, you can still make money, but you make less money. So like, well, we don't need to sell this this property right now. Let's go to the next level and do the horizontal development. Well, once you do that, you're like, Well, can't we keep some of it and do the multifamily side of it as well? And that's where we stand. Welcome to the How.   Sam Wilson (00:00:23) - To scale commercial real estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Paul Thompson has been featured in numerous real estate podcasts and hosts his own podcast called Ready Investor One, where he teaches the mindset of real estate investing. Paul, welcome to the show.   Paul Thompson (00:00:45) - Thanks for having me, Sam.   Sam Wilson (00:00:46) - Absolutely. The pleasure is mine. Paul There are three questions I ask every guest who comes on the show in 90s or less.   Sam Wilson (00:00:51) - Can you tell me where did you start? Where are you now and how did you get there?   Paul Thompson (00:00:55) - Where did I start? Cut my teeth in multifamily. I'm sorry. Come on. Teeth with single family and have since gone to multifamily. I did that as a way to escape my day job. I was a corporate guy. Recovered. I'm still recovering, I think, from being a corporate drone. And so now I have a portfolio of single family in Little Rock, Arkansas, where I live, but now I'm doing multifamily development in syndications in the Dallas-Fort Worth market.   Sam Wilson (00:01:24) - Wow. Wow. That's a big jump. What what was the thing that really compelled you to say? All right, we're going to go do something bigger.   Paul Thompson (00:01:34) - Well, I bought I bought and sold a lot of single family. Like I've gotten really good at doing that. If it can be done in single family, I've probably done nearly all of it and it became kind of pedestrian to me and I was playing it a bit safe.   Paul Thompson (00:01:49) - And if you really want to scale, which I did, then I wasn't sure that buying 100 single family properties was the best play and I wanted to jump off in the deep end. So instead of just buying an apartment complex, I decided to do a ground up development. So I just I really went for it.   Sam Wilson (00:02:07) - Wow. Okay. So you took on the ground up development project on your own. You said, All right, we're going to do a ground up development. It's a multifamily property. Uh huh. Whoa, whoa. Walk us through walk us through that. I mean, that's ambitious. Like that's I mean, just to get lending, to get investors, to get all those things lined up, you had to do a lot of things, right? What were they?   Paul Thompson (00:02:27) - Yeah, I'm still in the middle of it. So we'll we'll give you a full report in a couple of years when it's all said and done. But the learning and the process so far was that I was a member of a mastermind where we were working on mindset and trying to figure out kind of what our bottlenecks are and kind of designing our life.   Paul Thompson (00:02:49) - And I have a good life. I've nothing to complain about, but I felt like I had the potential to do a lot more. And I met a really good friend and he and I are still business partners at this mastermind. And he said, You know, I live in Dallas and I feel like we're in a good market. I really want to get into this land business. Interested in since you've done a lot of wholesaling and flipping and stuff, you kind of know the marketing side better than I do and our values aligned and we're still, you know, considered one of my best friends in the world and talked to him on a daily basis. And I really enjoy that business. So that's how it started. And then it evolved from there to, well, we've got the land entitled now. I mean, like let's we could just sell it. But the way it works and the development business is the longer you hold the land, the more money you make. So the sooner you sell, you can still make money, but you make less money.   Paul Thompson (00:03:41) - So like, well, we don't need to sell this this property right now. Let's go to the next level and do the horizontal development. Well, once you do that, you're like, Well, can't we keep some of it and do the multifamily side of it as well? And that's where we stand.   Sam Wilson (00:03:55) - Wow. What was the timeline from? Hey, here's an idea to when you identified a parcel that you said, Hey, this is a place where it will work.   Paul Thompson (00:04:04) - You probably took 3 or 4 months and made lots of offers not knowing we were doing. We did the I come from a kind of a wholesaling marketing background so I can do that. I don't necessarily say I enjoy it, but I know how to do it. And we sent lots of letters to landowners and we ended up finding a friend of ours that had a property and he's in the business and he had a property and said, This is a small one for me, probably smaller than I care to fool with. Would you guys be interested? I'll you'll pay me an assignment fee, but I'll show you the ropes and here's a good project for it.   Paul Thompson (00:04:36) - And that's that's been all we needed because that has then kind of dovetailed into a couple of deals.   Sam Wilson (00:04:43) - Right? So were you guys were you guys marketing for off market land then?   Paul Thompson (00:04:47) - We were.   Sam Wilson (00:04:48) - Gotcha. Okay. So yeah, I was wondering, I'm like, if you're going to, you know, again, if you're the DFW market, there's a property on the market. I mean, getting just the credibility with the brokers and with the sellers that says, Hey, we're going to take it's hard.   Paul Thompson (00:05:00) - Yeah, yeah.   Sam Wilson (00:05:01) - It would be hard. So finding it off markets probably a little bit. A smarter way to go about that. So you had the idea. Four months later, you acquire the land and then you're like, okay, we're going to go through entitlements. What are some things that you learned that maybe you wish you had known early on about entitlements?   Paul Thompson (00:05:18) - Lesson number one you don't buy land unless it's entitled. You can get it under contract subject to getting it entitled. And that's the way we do it now.   Paul Thompson (00:05:27) - But the first property we bought a little too quickly and it ends up we're going to be okay with it. But we had a surprise development in the middle of our process that the city didn't really want to do what we want to do with it. So we had to I mean, it's it's what they call it's in the county or in the Texas. They call it the edge. And it was kind of out in the county there. And that gives you options. You can annex into the city or you can stay in the county and it gives you some options. And basically we're running into some hassles with the city. And they're not. They say they want to do all the things you want to do, but then when it comes time to negotiate what they call the developer's agreement, they're like, well, we don't want to commit to anything. It's like, well, I'm not going to annex into the city unless you commit to something. And, you know, just that's that's the process of entitlement is dealing with the cities and going through the legalities and negotiating with lawyers who everybody typically means pretty well, but no one person has the say.   Paul Thompson (00:06:26) - So you're having to kind of like piece all this things together and even the people you're interfacing with, with the city, they're the city planner or the city attorney. They're not the city. They're just like employees of the city. And so this is really weird dynamic where you're trying to get the council to agree to something, but the council has no idea what you're doing. Because they're not involved in the conversations.   Sam Wilson (00:06:50) - So how do you how do you work around that?   Paul Thompson (00:06:53) - Well, you fight with the city planner. I say fight, but you have very pointed conversations with the city planner and especially the city attorneys. And you're like, no, the city does want to do this because they're going to get tax revenue. Does the city want tax revenue? Well, of course they do. Okay. Well, then this is how they get it. And you just have to play that game a lot and negotiate back and forth, have lots of meetings. Like, sometimes it feels like I'm back in corporate because I'm like, trying to, like, herd the cats a lot.   Paul Thompson (00:07:18) - And. And when it goes well, it's awesome. And when it doesn't, it's really frustrating.   Sam Wilson (00:07:23) - Yeah, man, I can only. I can only imagine what? How would you, other than waiting, you know, to close on the land, subject to whatever your plans are, getting entitlements done. What what else would you do to maybe expedite that process and or just kind of grease the wheels?   Paul Thompson (00:07:41) - I have learned that you don't expedite the process. No matter what you think you can do to make it go faster. The process is the process. And it's it's just government, right? So, like, you just can't make it go faster. So you basically have to negotiate with the seller to allow the and educate them that this is what it takes in any developer who's going who's worth their salt is going to do this, this, this same thing. They're not going to just buy it hoping and wishing that that that we're going to get the the terms we need from the city.   Sam Wilson (00:08:13) - Um, could you have gone to the city in advance and said, Hey, what do you guys want?   Paul Thompson (00:08:20) - Yes, we did.   Paul Thompson (00:08:21) - We can. And we did. And they said, we want this. This would be great. Let's annex. And then, you know, 18 months into the process, like, okay, well, we want you to help us get the financing. That'd be the only reason we actually annexed into the city is to help get a what they call a district created to do the financing. And they said, Yeah, yeah, we'll do that, but we're not going to promise we will. It's like, Well, then we're not going to annex to the city. Right, right.   Sam Wilson (00:08:44) - And you guys wanted to be annexed into the city for valuation purposes. Being attached to for.   Paul Thompson (00:08:52) - The financing, the city can help you qualify for financing. Public improvement. Financing.   Sam Wilson (00:08:57) - Right. Right. Which I'm sure is much more favorable terms than maybe what the street rates are.   Paul Thompson (00:09:02) - Yeah, right. Very much. It's a bond, right? So you raise a bond and the people who go and get the benefit of it, pay it back over time.   Sam Wilson (00:09:09) - Right. Very interesting. Okay, man, that's a lot. So you got through entitlement, you said. And so now you're, what, two years in at least? Yep, yep. Two years in, you get the land entitled. And then you came to a fork in the road. You said, Hey, look, I can sell this or we can go vertical with it. And it sounds like it sounds like you love hard things just from.   Paul Thompson (00:09:31) - No, like, actually I'm lazy. Like, why did I sign up for this? But then you look at the the potential profits know like, oh yeah that that adds like a whole nother zero to your profit. And I was like, okay, maybe it's worth it.   Sam Wilson (00:09:44) - Right? Right. Zero zeros are important. So you decided to go vertical. Like what? What was the next I mean, because at this point you're a lot of money in you're a lot of money and you're a lot of time. Yeah. Any any idea how many acres is this project?   Paul Thompson (00:10:00) - The whole thing is 36.   Paul Thompson (00:10:02) - 13 of it will be developed into multifamily and the other 23 will sell as townhomes. And basically we'll sell it, put what they call paper lots, we'll sell it 20, we'll sell the 23 acres to a builder to do the townhomes and the duplexes and whatnot. A build to rent model.   Sam Wilson (00:10:19) - Got it. Got it. Okay, cool. But still, so you got see and even so, you've already gotten all your, like you said, paper lots. I mean, the place is basically drawn up at that point. Right, right, right, right. Forget what I was going to ask you. It was about a oh amount of money that you're in on a project like this. Like what? What would you budget if you were to turn around, do this again? Maybe you already are doing this again. But we.   Paul Thompson (00:10:40) - Are. Um, I mean, you need access to, you know, probably tens of thousands if not hundreds of thousands of dollars to pay for and pay for entitlements.   Paul Thompson (00:10:54) - And the studies and like, it's not uncommon for our earnest money deposit to be like 70 grand. Yeah. So it's not trivial amount of money. This is probably not something that you stumble into as a newbie having no experience, right? Um, yeah. And which is what we were, we were newbies and had no experience, so we made some mistakes along the way. But we were, you know, I'm in my 40s, my business partner is in his late 30s and we have established businesses otherwise. So this is not like the only thing that we're relying on. This is I think of business development and kind of like when you come in investing, single family and existing multifamily are more stable and defined, but then you can have these bigger projects that you kind of go go for gold. And this is what this is. This is a much bigger play, a longer term, and I'm not looking for immediate near-term cash flow. This is like like life changing wealth potential.   Sam Wilson (00:11:47) - Right, Right.   Sam Wilson (00:11:48) - No, absolutely. Clearly, you have the long game, the long game in mind. And I kind of suspected the answer to your, you know, or yeah, I suspected your answer to the question, which was, hey, you know, you could be hundreds of thousands of dollars in on this project by the time you get to entitlements. So we kind of learned plan B of it where you're going to sell that, you know, the other 23 acres off to developer, you guys are going to build the multifamily property on the 13 acres. But you liked it so much that now you're going back and you're doing it all over again.   Paul Thompson (00:12:18) - Yes, we are under contract on other projects and we're negotiating on with the cities to see if they're willing to play ball. And we make a decision right before our earnest money goes hard if the city is willing to to play or not. And we've gone on our contract on multiple occasions where we've had the property under contract, earnest money approaching, going hard, but we can't get up, can't get it back and we have to back out and tell the seller that this is like we explain this on the front end, that this is a risk of this.   Paul Thompson (00:12:52) - And most sellers that own that kind of land are sophisticated enough to kind of get the game enough that they understand. And they and I was still out money because I paid for all kinds of studies. And, you know, sometimes you can be out 30, 50 grand and realize this is not a viable deal.   Sam Wilson (00:13:09) - Wow. Wow. Man, that's tough. That's tough. What is what you talked about the financing side of things. But what is it like underwriting multifamily mean in today's environment? It's an ever changing environment, especially buying land developing. I mean, that's a long a long time time frame. There it is. What's a what's a strategy or how are you kind of offsetting or compensating for some of that unknown that we seem to have right now.   Paul Thompson (00:13:38) - So we take the we pay for market studies, which again, it can be 5 or $6000 and they and they provide like like a 60 page report on what's happening in the marketplace given where you are. And you take they give you a range of what things will rent for, you know, say a three, two or rent for, you know, 1600 to 1800.   Paul Thompson (00:13:57) - So we will run the numbers at 1500. So we kind of round down and we do our valuations based on that. And you determine what your NOI is based on, the number of units you think you're going to get, which again is, you know, this in a given like you think you're going to get 200 units, but you only get 188. So you you do like the 80% number of that and then you do these engineering estimates, which they call an opinion of probable cost. And you and you really got to understand the assumptions that they're making because most of the engineers are trying to do right by you and they make really, really, really conservative numbers and they make it super expensive. So they're so you have to kind of dial that into reality. Which is a whole process to learn. But once you kind of get your costs of what you think it takes. I went to an actual builder and said, What does it cost to build something? And they said, In today's market, it's $135,075 per square foot, so budget for 185.   Paul Thompson (00:14:54) - Okay. So we budget for 185 and then we determine, okay, like what's the going rate, determine the value? Well, we we run the conservative side of the cap rate. So in Dallas, it can be as low as four and a half. Five. We run it a five and a half, five, 5.8.   Sam Wilson (00:15:11) - That's a lot. That's a lot. A lot, A lot of things to consider there. Love. I love the the ambition and the just hey, we're going to go for it and figure it out. But it sounds like it sounds like you've done this, though, strategically. I think that's that's it. Maybe I'm wrong. Does that sound right? I'm going to say.   Paul Thompson (00:15:29) - I did because I can't defend myself in the event that I didn't.   Sam Wilson (00:15:35) - Love it. I love it, man. That's that's really, really cool. One of the other things, though, that it looks like you've done just from going through our show notes and then talking here before we kick this off, was that you've also just focused the side of your business on the capital raising side into other opportunities.   Sam Wilson (00:15:51) - Is that still something you do and if so, why? When you are apparently so busy already on your own deals?   Paul Thompson (00:15:57) - Well, my role in my own deals is that I'm the capital raise and the capital stack guy. So that's that's my angle. So my business partner is more of the finding the deals and analyzing and dealing with it with the the engineers and whatnot. I'm more of the the CFO role, right? So that's, that's where I sit. And whether it's for my own deal that I'm developing or for somebody else's RV park or somebody else's multifamily, I like getting to know investors. I like the marketing side of that because you're dealing with typically very consummate professionals and they're super curious about the business and they're not experiencing it yet. And they asked typically very shrewd questions based on their level of sophistication. They just don't know this business yet. And I enjoy that process of hosting webinars and meeting. I do a lot of Zoom calls with with investors to understand, you know, what they're after and what their goals are.   Paul Thompson (00:16:52) - And like, you know, this may not be a good fit for you, but, you know, down the road there might be something else that is.   Sam Wilson (00:16:56) - Sure. No, that's really, really cool. Anything that you have previously been investing in that you're now just like. Not interested in anymore.   Paul Thompson (00:17:06) - Yeah. So I ran an experiment for a while, though, where I was running with what I call mid term rentals, where I take basically you're focusing on traveling nurses, traveling professionals, and you're using Airbnb to market it. And I still have three units that do this with because I've already put the investment in the process in place, but I don't enjoy that business. That to me is personally exhausting. Like I have just three of those and I spend more time thinking about those than I do the other 40 long term rental units I have in Little Rock.   Sam Wilson (00:17:36) - Wow.   Paul Thompson (00:17:37) - Right. So even though they're only turning over once every 6 to 12 weeks, we have to turn it over every time because someone has lived there oftentimes for months at a time and it needs a major cleaning.   Paul Thompson (00:17:49) - And so after the cleaning, we have to go there and look at it and say, is this good enough? And nine times out of ten, it's not like it needs a little bit more. And so we have to get the cleaner back over there or me and my wife will do the last few minute items. I don't enjoy that part of it. That's not the kind of business I want to be in long term. But it's good to know I ran an experiment and it's a great model if you're that kind of operator. I am not that kind of operator. And so you need to know your pros and cons like, like what are you good at? And that is not what I'm good.   Sam Wilson (00:18:14) - At, right? No, that's really cool. I love I love that. And it's funny how different, different investing styles fit different personalities where it's like, you know what? There's people got a I got a buddy of mine that he loves the mid term rental thing. I mean that's all Yeah.   Sam Wilson (00:18:29) - Is mid term. It's a good business. A good business. Great makes great money. It it at scale and that's his thing. Yeah. You know doing capital raising like what you and I do and then you know getting involved in ground up development would not be his thing. So I think that's what's fun about this business. We all all get to choose. What has it been like for you? What are some systems that you either have implemented that you really liked and or systems you're still working on inside of your business that you're refining?   Paul Thompson (00:18:57) - I have found that I am a high startup, low follow through personality. This is like a real thing. This is like somebody came up with those words before I did, right? Like, this is a thing that people have and I am that person. I love dealmaking. I love deal structuring. I love putting things together, but I don't want to operate the deal. That's not my strength. I'm a visionary, not an operator. Right? So I need an operator.   Paul Thompson (00:19:20) - And for an example of the mid term rentals, I have completely outsourced the management of that to a good friend of mine and she does an amazing job. She gets 15% of all revenues, so she gets paid very well to do that and she does a great job and we still get pulled in occasionally to take care of things. So we're having to train our our cleaner, our local cleaner to look at things the way we would look at things. And so we have created her a checklist. And she's so good that we're afraid to run that by her too much and be too critical because we don't want to run away. Right? So that's something that me and my wife are working on. My wife likes to like fiddle with these things. And to me it is a money in money out box. But she likes to make a nice place to live. I care nothing about that. My wife does. So we have to like marry those two approaches and my wife can think about what the what kind of flowers that we're planting and I can think about, you know, what what the process is, the checklist for the cleaner to make sure that they're cleaning underneath the furniture because people have been there for a long time.   Sam Wilson (00:20:23) - Right, right, right. Yeah. If you have hardwood floors or whatever, you don't you don't want to get on your hands and knees and see nothing but dust.   Paul Thompson (00:20:29) - Right. Which is what happens if we let just the cleaner do what she would normally do because she turns over Airbnbs that are like 2 or 3 day stays. They don't get that dirty. When someone lives there for six months, it gets dirty. It needs a full overhaul. So what her checklist for a midterm is completely different than for a short term?   Sam Wilson (00:20:45) - Yeah, absolutely. Absolutely. Very, very interesting. Paul, I love what you're doing. This is I mean, you got your hands in a lot of different things, everything from long term rentals, mid term rentals, land acquisitions, entitlements, now doing massive development projects, it sounds like. Yeah, it sounds like you stay a fairly busy. This is this has been certainly enlightening to have you here come on the show and just share with us today. I appreciate your time.   Sam Wilson (00:21:10) - If our listeners want to get in touch with you and learn more about you, what is the best way to do that?   Paul Thompson (00:21:14) - The best way to get a hold of me is that my website. Paul David Thompson. Com. I think you'll drop that in the show notes. But it is spelled the way you might expect. I say this a lot, but I have a curse of a common name, so I had to use all three of them to make sure I got my own domain. All David thompson.com.   Sam Wilson (00:21:32) - That's awesome. Paul We share the same middle name. I like it. This is great. Thank you again for coming on the show today. I do appreciate it. Appreciate it. Sam Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show.   Sam Wilson (00:21:56) - It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Thanks so much and hope to catch you on the next episode.  

Montezuma Heights Investors, LLC is excited to announce the groundbreaking of the new million, 144-unit multi-family development, Montezuma Heights. The event is scheduled to be held on July 13th at 8 A.M. Situated within walking distance to Prescott's famous “Whiskey Row” the luxury apartment homes will be a needed and wonderful addition to Prescott, Az downtown area. A new million, 144-unit multi-family development, Montezuma Heights will break ground on July 13, 2023.Nick Malouff, developer and manager of Montezuma Heights Investors, LLC quote: “We are pleased the City of Prescott has embraced our project as it will add to... For the written story, read here >> https://www.signalsaz.com/articles/144-unit-luxury-multi-family-development-breaks-ground-in-prescott/Follow the CAST11 Podcast Network on Facebook at: https://Facebook.com/CAST11AZFollow Cast11 Instagram at: https://www.instagram.com/cast11_podcast_network

Welcome back She's Wild, the Podcast for Women in Land & Development. Today's guest is Ashley Gurbal Kritzer. Ashley is the real estate editor at the Tampa Bay Business Journal and a Bookstagrammer (@ashleykritzer). In this episode, Ashley and I discuss her career as a real estate market reporter in the Tampa Bay Region and how she's covered some of the area's biggest breaking news stories in the commercial real estate industry over the past decade. Ashley has established herself as the leading source for local real estate news in the Tampa Bay region and she offers up tons of advice for folks looking to develop a better relationships with the media. She shares her approach to reporting and tells us how to become a source as well as how best to pitch story ideas. She even talks about how to work with her when a deal is confidential and describes makes a story newsworthy. Tune in to learn more about Ashley and how to best work with real estate reporters to gain valuable media coverage on breaking news.Connect with Nancy:Instagram:https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.com Connect with Ashley:LinkedIn: https://www.linkedin.com/in/ashleygurbal/Instagram: @ashleykritzerTBBJ Website: https://www.bizjournals.com/tampabay/bio/23231/Ashley+Gurbal+Kritzer+ She's Wild Sound Production by: Luke Surak, Surak Productions:  surakproductions@gmail.com

Join us on this episode of our podcast as Shawn interviews Mike Kaeding, a multifamily apartment developer who has taken vertical integration to the next level. Mike and his company not only own and manage their properties with their own property management company, but they've even designed and developed their own manufacturing facilities for building materials. This unique approach has allowed Mike and his team to reduce the cost of constructing new rental housing by an astonishing level. Mike's goal is to continue building systems to reduce costs so his team can provide affordable housing across the county. In this episode, we dive deep into Mike's innovative approach, discussing the benefits and challenges of vertical integration in multifamily development. Mike shares his experiences and insights, explaining how his company has been able to save costs and improve efficiency by integrating different aspects of the development process. Whether you are a seasoned developer or simply interested in affordable housing, this episode offers valuable information and inspiration. Tune in to learn from Mike's expertise and explore the potential of vertical integration in the multifamily development industry.

Joel Fine is a full-time real estate investor and land developer based in Austin, Texas. A general partner in 1,200 doors and a limited partner in over 15,000 doors. Joel is also the principal in a ground-up development project spanning 157 acres in the greater Austin area. Learn More About Joel Here: Lakeline Properties - https://lakelineproperties.com/  Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

In the 50th episode of She's Wild, Nancy Surak reflects on the past year of her podcast, which collects stories of professional women in the land development and commercial real estate industry. She shares three key lessons she has learned from interviewing over 50 women, including the importance of sharing success stories and championing oneself and other women. Nancy emphasizes that 83% of women are inspired by hearing other women talk about success, yet 69% of women would rather minimize their own success than share it.Connect with Nancy:Instagram:https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.com

In the house hacking industry, DIY remodels are usually the way to go. But what if we told you that you could be raking in even more with new builds and Accessory Dwelling Units (ADUs)? Derek Sherrell is joining us this week to share everything he knows about achieving financial freedom through ADUs.With more than 25 years of experience, Derek has made it his life mission to teach people all about building affordable ADUs. Through his Youtube videos, he has been documenting every step of every build so that virtually anyone can get into the industry! Tune in to this week's episode with Craig, Zeona, and Derek to learn all about the strategies to identifying properties with great potential, vetting dependable builders, and financing your first ADU in today's market!PODCAST HIGHLIGHTS:[1:25] Z's New Mid-Term Rental in Atlanta[4:10] How Derek Got Into ADU's[9:10] What Every House Hacker Needs To Know By Heart[10:35] Multi-Family Development vs. ADUs[12:40] Derek's Strategies To Finding And Maximizing ADUs[19:55] Beginners Steps To Getting Into ADUs[25:48] Most Affordable Way To Build An ADU[28:48] On Garage Conversions: Yay or Nay?[37:13] Why New Builds Can Actually Be Easier Than Remodels[40:30] How To Find Excellent Builders[42:45] The Best Cheat Code To Wealth[45:10] What Keeps Derek Going[50:50] Three Simple Tips For Affordable ADU ProjectsAffiliate Links: 1. Don't miss out on resources of great value for real estate starters. Visit FITeam's website! —https://www.thefiteam.com/ 2. Join a supportive community of over 1200 passionate, like-minded investors! You can find your very first short-term or medium-term rental here, as well as accountability buddies and bi-weekly webinars: AirBnB Investing -https://www.facebook.com/groups/airbnbinvesting 3. Check out what Derek is currently listening to on Audible - The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life by Rich Fettke - https://www.audible.com/pd/The-Wise-Investor-Audiobook/B0B2BZP8V6n4. Easily manage your properties with www.rentredi.com  and use our CODE: INVEST2FI to get 50% off on your first 6 months!5. Kaplan Real Estate Education - https://www.kapre.com/ and use our CODE - Invest26. Learn step by step how to purchase a property, set up rent, and ultimately become an AirBNB SuperHost! You can register for FREE here: https://www.stepbystepbnb.com/a/2147508384/zG79Sujh

If you're a wholesaler or flipper wanting to get into multifamily developments, this episode is for you. Daniil Kleyman talks about the important steps he took to GC & raise capital for duplexes, and later on larger commercial properties. We talk about the ROI of building spec homes vs commercial properties and what opportunities Daniil sees in his market. Enjoy!Connect with Daniil: RehabValuator.comIn-depth content on developing: https://www.youtube.com/@RehabValuatorCatch more episodes at CarrotCast.com

Syndication Made Easy with Kenny Wolfe Featuring Vinney Chopra interviewing Kenny Wolfe, an experienced multifamily syndicator, founder and CEO of Wolf Investments, and published author.  Kenny recommends buying a bigger property and doing syndication to avoid getting dragged into day-to-day operations. Podcast Highlights: The importance of setting clear goals: Having clear goals can help you stay motivated and focused. When you have a specific goal in mind, you can break it down into smaller, achievable steps, which can make the process feel less overwhelming. The power of consistency: Consistency is key when it comes to making progress towards your goals. Even if you can only devote a small amount of time each day to working on your goal, that consistency can help you build momentum and make steady progress.  The benefits of having a growth mindset: Having a growth mindset means believing that your abilities can be developed through hard work and dedication. This mindset can help you stay resilient in the face of challenges and setbacks, and can help you view mistakes and failures as opportunities for growth and learning. The importance of seeking support: Sometimes, achieving our goals requires the help of others. Whether it's getting feedback and advice from a mentor or coach, or simply finding someone who can hold you accountable, seeking support can make a big difference in helping you stay on track and achieve your goals. The value of reflection: Taking time to reflect on your progress can help you stay motivated and focused, as well as identify areas where you may need to adjust your approach or strategy. By regularly reflecting on your progress and reassessing your goals, you can stay on track and continue to make meaningful progress over time. www.wolfe-investments.com Watch the Full Video here: https://youtu.be/QkXjdVsh_18 Don't forget to head over to iTunes to subscribe, rate, and leave a review. It's very much appreciated.    https://podcasts.apple.com/us/podcast/syndication-made-easy-with-vinney-smile-chopra/id1473126675   INVEST with Vinney [Accredited Investors ONLY]: https://www.accreditedinvestor.blog/book-a-call LEARN from Vinney: https://apartmentsyndicationmadeeasy.com/academy2022/ Want more information about value-add multifamily investment properties? Click here: https://multifamilymentor.blog

For many brokers, transitioning into investing can be a natural career progression, but it may be difficult to take the first step.In today's episode, I talk with Ryan Tobias, a Founding Partner at Triad Real Estate Partners. Ryan has a BA from the University of Michigan and is a licensed real estate broker in the states of Illinois and Michigan. After living in Chicago for 9 years, Ryan moved to Ann Arbor, MI, in 2014 and started the Michigan office of Triad in 2015. Ryan enjoys running, traveling, boating, softball, and Detroit sports.Ryan discusses the concept of opportunity zones - designated areas that offer tax benefits to attract investors and stimulate economic growth, and the shift from being a broker to a developer. He shares his experiences transitioning from being a broker to a multifamily developer, the challenges he faced, and the lessons he learned along the way.Ryan also shares the projects he has going on right now, including the 169-unit Avian Multi-family deal in Colorado Springs, CO.Whether you are an aspiring real estate investor or a seasoned industry professional, this discussion provides valuable insights and perspectives on the current state of the market and what it takes to succeed in this dynamic field.Show Highlights:✅ Who is Jackson Dearborn partners, and what do they do?✅ Ryan's personal journey from broker to developer✅ Advice for brokers who want to break into the developer space✅ "Avian" a 169 unit Multi-Family Development in Colorado Springs, CO✅ His predictions for the market in 2023

Mike Kaeding, CEO of Norhart, shares his vertically integrated solution of building affordable housing while using futuristic innovation that nobody's talking about.A little bit about Mike..."I'm Mike Kaeding, and I'm CEO of Norhart. We design, build and rent apartments. We are transforming the way apartments are built and managed by incorporating technologies and efficiencies that have revolutionized other industries, and led to high-quality, cost-effective projects.My parents started our family business. But just a few years after joining the business, my dad unexpectedly passed away. Suddenly, I had what felt like the weight of the world on my shoulders. I had to lead this business. I had no preconceived notion of "the way things are done" in this industry. I was struggling to the point where the city briefly shut us down. This shattered my world. But we just naively started to solve problems. And that was the magic.We began changing the way construction is done. Starting with an attractive culture unique to the construction industry we hired the best talent. Together we solved chronic construction inefficiencies, applied techniques from manufacturing, and integrated traditionally unaffiliated trades. This resulted in higher quality and lower cost projects. My mission is to solve America's housing shortage by transforming the way apartments are built and managed. And in doing so I will improve the way we all live."Find Mike at Norhart.comBecome a member at www.EstateProfessionalsMastermind.com

Welcome back to the second season of She's Wild, the Podcast for Women in Land & Development. Today's guest is Lauren Campbell, Principal of Lauren Campbell LLC an emerging developer in Tampa, FL.  Lauren is currently working on  her first ground up development project as well as adaptive re-use and redevelopment opportunities with investment partners. She's worked alongside owners and developers for almost a decade, as an analyst and investment sales specialist, and later as the head of real estate for a local equity firm. She's now using her  passion for urban planning and place-making as she works on her own portfolio, focusing efforts on emerging opportunities and creating projects that are anchored in the experiential and the novel. In this interview, you'll hear all about how Lauren leveraged working as a researcher then a broker to eventually realize her dream of becoming a developer. This is a great show that documents the very earliest parts of a new multifamily development project. Memorable Moments:I'm very interested in placemaking, and urban planning, and creating a sense of place is incredibly important to me. And so historically, I've spent a lot of time researching, reading, understanding, discussing attending events, about placemaking. My background with a liberal arts degree, lets me look at things differently, not better, just differently. I took that knowledge of how to create a sense of place especially on the ground floor, through curation of tenants, through pop ups, through viral social media trends, through offering free Wi Fi and bringing in activities like night markets and holiday events. I always like to say that instead of a return on investment, we want to have a return on experience.I look different than the people they're used to seeing stand up there and telling them what to do. And I think it was a combination of looking different and speaking differently. Where it clicked in their brains that maybe this was actually different. And I think women have a better ability to use their emotional intelligence, I won't say that I think that women are more emotionally intelligent than men, I just think we're better at using it. And at understanding other people's emotions and needs, and then being proactive about anticipating that. My goal with our site, is that, of course that the tenants that live there, love it, and that it works for them, but that it also works for the whole neighborhood and that the whole neighborhood adopts it as their own second or third place. And that's really important to me.Connect with Nancy:Instagram:https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Lauren:LinkedIn: https://www.linkedin.com/in/laurencampbellcre/Instagram: https://www.instagram.com/commercialre_tampabay/She's Wild Sound Production by: Luke Surak, Surak Productions:  surakproductions@gmail.com

Welcome back to the second season of She's Wild, the Podcast for Women in Land & Development. Today's guest is Kelli Lawrence, the CEO of Onyx+East.  As CEO, Kelli leads the strategic vision and growth efforts for Onyx+East, including determination of new markets and business lines, development of teams to execute the business, capital relationships and structuring to achieve goals and leading corporate culture to recruit and retain top talent.Before joining Onyx+East, Kelli was a partner for 18 years at a private, Midwest-based, multi-family development firm. While there, she led development, construction and overall market execution in the Louisville and Indianapolis markets for more than 3,000 for-sale and rental housing units valued at more than $600 million. She has more than 20 years of experience in real estate development.As an active member of the Indianapolis community, Kelli was named a Woman of Influence by Indiana Business Journal in 2021. She is an active member of both the national and Indiana chapters of the Urban Land Institute and has served as chair in Indiana. She has served as the Vice Chair of the National MultiFamily Product Council, is a past chair of the Ball State University Alumni Council, and is a Foundation Board Director for the Ball State University Foundation. Memorable Moments:"I'm really proud of my people work as much as my real estate work. The people part of what I do is what excites me the most now. I love when our team members get elevated to a new role and take on new responsibilities and are successful. It's really gratifying to see what we physically build, but bringing together all the right people to make a real estate deal happen, because it takes a ton of people in many different specialties, to make a successful project come to fruition, that's the best part.""We do a deep dive into the market fundamentals. We still view ourselves as more of a boutique builder, so we're not looking for locations where we're going to be competing against the public homebuilders because that's just a very difficult place for a smaller builder to be. We look for phenomenal locations where there's lot of renovation activity and tear-downs to new construction building. We are very focused on thoughtful design in a more urban context because we're choosing locations where walkability and connectedness to a neighborhood is important.""It took me a while in my career, especially as I was working with some very seasoned real estate executives, to be willing to raise my hand and say hey, I don't think we should do this deal, or I really think we should, or I think we're missing something. Taking that risk of being wrong and being willing to stick your neck out is something I wish I would have done sooner in my career."Connect with Nancy:Instagram:https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Kelli:LinkedIn: https://www.linkedin.com/in/kelli-lawrence-029bb74/Website: https://www.onyxandeast.com/TikTok: https://www.tiktok.com/@onyxandeastInstagram: https://www.instagram.com/onyxandeast/She's Wild Sound Production by: Luke Surak, Surak Productions:  surakproductions@gmail.com

Brian Green is the owner/operator at Green Springs Capital Group, which develops and redevelops multifamily properties. In this episode, Brian discusses starting his own property management company, how his value-add projects quickly led to development & redevelopment, and why he focuses on projects in Upstate New York.  Brian Green | Real Estate Background Owner/operator at Green Springs Capital Group, which develops and redevelops multifamily properties.  Portfolio: 110 units, including five short-term rental units Based in: Saratoga Springs, NY Say hi to him at:  greenspringscapitalgroup.com Instagram  Best Ever Book: Principles by Ray Dalio Greatest Lesson: Self-management = building a company.   Click here to know more about our sponsors: MFIN CON | Reliant

Dusten Hendrickson is the president of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project. In this episode, Dusten shares what drew him to multifamily development, why being a developer requires more vision than strategy, and why he recommends starting with a small project before scaling.  Dusten Hendrickson | Real Estate Background President of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project. Portfolio: GP of 888 units LP of 2,034 units Based in: Brookings, SD Say hi to him at:  mailboxmoneyre.com Facebook YouTube Greatest Lesson: Growth without scaling leads to one step forward and two steps back.  You need to learn to scale before you grow so your growth doesn't lead to overwhelm, burnout, failure, and eventually bankruptcy. Hard work doesn't equal results. There's much more to it, and that's why we have to be open-minded and continue to learn.   Join the newsletter for expert tips & investing content.   Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: MFIN CON |Reliant

Today's guest on She's Wild, is Alissa Sieben, a third generation Tampa native, Alissa has always had a passion for real estate and entrepreneurship.  With an experienced grandfather who shared his interests with her, she committed herself to learning the business through a legal lens. After earning her JD and working in land use straight out of law school, Alissa felt the need to make a change and gear her career more toward collaboration, teamwork, and creativity.  She joined a local affordable housing firm and was subsequently approached by the 2nd Wave Development founders about joining the team in its infancy.Alissa has worn every hat in the development world and now, as 2nd Wave's SVP, she devotes her time to overseeing the teams responsible for design, development, construction, and leasing of the company's luxury multi-family development projects throughout the southeastern U.S.  Helping grow the 2nd Wave team over the last five years has been one of the greatest challenges and honors of Alissa's life and she cherishes the ability to work collaboratively with such a talented team daily.In today's episode, we discuss Alissa's journey into development, her love of working on all aspects of building multifamily projects, and how she's grown into a leadership role at 2nd Wave. This show will leave you inspired to pursue your dreams.  Memorable Moments: 8:45 We specifically curate every portion of a project based on what the community wants and needs. And based on the individual history of that community. We have gone through this process and refine everything in house based on what we see. We do a lot of market research, based on what the residents want. 22:43 Someone once told me, I think it was like in jest, that they thought I think that, if I flapped my arms hard enough that I could fly. And I think, it's one of the things I'm most proud of. I think that every woman should truly believe and everybody in general should really believe in themselves. I highly encourage everyone to really try to internalize that viewpoint because it can only create success.24:38 Don't get discouraged by failure or somebody telling you you can't. Some of the people that I've seen rise the fastest and be the most competent in construction have been women. Because having that different viewpoint in the room is so pivotal, and it makes such a difference. There just are things that women provide to this industry that are different and are incredible. And I would add, always be persistent. If there's something that you want, do not stop trying to go for it.Connect with Nancy:Instagram:https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Alissa:LinkedIn: https://www.linkedin.com/in/alissasieben/https://www.linkedin.com/company/2nd-wave-development/Instagram: https://www.instagram.com/alissasieben/https://www.instagram.com/2ndwavedevelopment/Website: https://www.2ndwavedevelopment.com/She's Wild Sound Production by: Luke Surak, Surak Productions:  surakproductions@gmail.com

In this Topical Tuesday's episode, I spoke with Joseph Bramante who is the co-founder and CEO of Houston based TriArc Real Estate Partners, a wholly integrated multifamily investment company established in 2013. His firm is focused on the acquisition, management and renovation of multifamily properties that produce strong returns, while also building stronger communities. Be sure to tune in if you're interested in learning about: How he turned setbacks in his W-2 career into success in multifamily investing The reasons for his firm's strategic shift from doing deep value-add to development deals What the financial metrics look like for a typical multifamily development deal The risks that investors need to be aware of before investing in a multifamily development deal To your success,  Tyler Lyons Resources mentioned in the episode: 1. Joseph Bramante Website LinkedIn Passive Investor Conference  Interested in investing in ATMs? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Non-profits are a great way to acquire or build affordable housing, while leveraging government grants and programs to benefit the community. In this episode, Alvin Hope Johnson shares his story on how he created a vertically integrated real estate portfolio under a non-profit organization and his plans to scale exponentially. Alvin "Hope" Johnson has been in the Real Estate industry for over 35 years. Starting as a handyman selling painting and repair services door to door, Alvin has grown his entrepreneurial skills into a $225M empire. Alvin Hope Johnson is also the CEO of Multifamily Monopoly (MFM), an education platform for real estate investors interested in the process of Multifamily Development and Ownership and also the President of Hope Housing Foundation a 501(c) (3) non-profit. With a little over 1,300 affordable housing units and growing, the Foundation is building an additional 1000 units for completion in 2023 and new multifamily housing developments for the workforce community in North Texas and Wisconsin. With resources from the Institutional Community of Lending, HHF is on target to develop 20,000 units of high-performance, near net-zero, eco-friendly, and sustainable workforce housing in 5 years. In this episode, we discuss… His mindset from having no college degree to a real estate operator How he leverages his ancillary business ecosystem to scale his non-profit operations His plans to create 20,000 units of housing with SIPs panel construction How his multifamily monopoly program can help you become a real estate developer? Alvins's Linkedin: https://www.linkedin.com/in/alvinhopejohnson Alvins's Instagram: https://www.instagram.com/alvinhopejohnson/?hl=en Alvins's Website: https://www.hopehousingfoundation.org/ Interested in investing in commercial real estate opportunities? Join our investor group here Check out our FREE multifamily due diligence checklist to avoid costly mistakes. Click here to download the checklist. Check out our FREE Syndication Guide For Passive Investors to learn everything you know need to know BEFORE you passively invest in real estate. Click here to download the guide.

Brad Cartier joins us today to share compelling ideas on how to alleviate the housing affordability crisis while providing communities with variety and character to fulfill the aspirations of today's customers. Tuned in to learn more about market trends, risk management, and solutions to the housing issue!Key Takeaways to Listen forWhat's the concept of “Missing Middle Housing” all aboutThings you need to look for when developing a multifamily unitBuilding a property vs. buying a propertyThe recession's impact on the real estate industry and investors How to prepare your business for an economic downturnEffects of rising interest rates on real estate lenders and investorsResource Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor About Brad Cartier Brad Cartier is a real estate developer, writer, proptech investor and advisor, and marketing consultant in the real estate technology space. Brad is a co-founder of Blair Capital Asset Management which develops and manages missing middle multifamily in Canada. Brad is also an advisor and angel investor to a number of property technology startups and a marketing mentor for the MetaProp accelerator program. Brad is also a writer on all things real estate for Briefcase where he is a co-founder, as well as other outlets such as Motley Fool, Roofstock, and Stessa. In all, Brad oversees a portfolio of around 100 rental properties, including long, medium, and short-term rentals.  In his spare time, Brad enjoys time with his wife and four daughters, who gifted him the coveted '#1 Dad' coffee mug for Christmas. Brad also volunteers on the Ottawa Real Estate Investors Organization executive board, a local group of 300 real estate entrepreneurs. Connect with BradWebsite: briefcaseEmail: brad@fundmore.ai To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

They are real estate investors focusing on multifamily. They purchase/syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market. They also develop affordable housing and have experience with land entitlement.   Nick is the co-founder and managing principal of Winterspring Capital (winterspringcapital.com) and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and is also the author of the top-rated book “Making Millions through Multi-Family Development.”   Eric DiNicola, co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business. Heading up our acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full.   In this episode, Nick Earls and Eric DiNicola share their journey to becoming financially independent. They share how they shifted their focus to affordable housing after seeing a big market demand for it. They share that they offer educational resources on their website, including articles and a book about developing condos. To learn more about Nick Earls and Eric DiNicola and their work, listeners can visit Winter Spring Capital!   [00:01 - 01:44] Opening Segment Nick Earls and Eric DiNicola shares how they purchased and syndicated large multi-family properties and developed luxury multi-family condominiums in the Boston market They share how they met and decided to start their own company that focuses on real estate   [01:45 - 25:19] Developing Homes For People Who Want To Be Part Of The Community Nick Earls and Eric DiNicola describe what zoning codes are The demand for affordable housing in Boston Learning to navigate the city's politics to get their projects approved Teamwork is key for any real estate development They recommend having a good zoning attorney Neighborhood groups can be a major obstacle for developers Developers must be patient and holistic in their approach to gain the support of these groups Zoning codes are outdated which limits the number of homes that can be built   [25:20 - 37:25] Closing Segment Nick Earls and Eric DiNicola discuss the origins of the company, where all units must be sold at an affordable price, and that there are different price brackets based on area median income Nick Earls and Eric DiNicola share where you can get in contact with them (links below) Quote/s: “You've got a supply restriction through the zoning code and developers like us. What we do is we go in and we entitle land and it's a very political process… And that barrier to entry allows you to get really profitable projects if you're able to get through kind of all those hoops of fire you got to jump through.” – Nick Earls   “People want to move here. It's not just this building that's going up, this is to house people who want to be part of this community, who want to live here, want to contribute to the community, who want to be friends with the neighbors and work. So that's, I think is the ultimate holistic way to look at it.” – Eric DiNicola  You can connect with Nick Earls and Eric DiNicola through their: LinkedIn: Winter Spring Capital Instagram: Winter Spring Capital Facebook: Winter Spring Capital WANT TO LEARN MORE?   Connect with me through LinkedIn   Or send me an email at sujata@luxe-cap.com   Visit my website www.luxe-cap.com or my YouTube channel   Thanks for tuning in!   If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Welcome back to the She's Wild the Podcast for Women In Land & Development. Today's guest is Gina Wieczorek. Gina is the Co-founder of Casitas, a full-service ADU development and consulting firm involved in all phases of the design, permitting and development process within the single family, multifamily and affordable housing sector. As an Orange County native, Gina grew up with a true passion for Southern California residential design and always design and develops projects with the final user in mind, providing housing that renters and homeowners are proud to call their home in the communities in which she builds. Thoughtful and architecturally significant design, from the facade to the interiors, is always a key component to all projects Gina undertakes.In today's episode, Gina and I discuss ADU's and how they play such a big role in her niche business model. She offers a wide variety of advice throughout today's episode that is sure to inspire you to chase after the next goal you are working toward. Memorable Moments: 13:33- It's very hard to start something without having a tremendous access to capital. And, you know, a lot of women in this industry don't have that.15:41- Everyone kept coming to us is like the resource or guru for how do we add this? What do we have? What is the legislation allow for? And then it became the go-to? And I'm like, No, we could start a business out of this. Right?17:03- I think also COVID taught us a lot of lessons. There are opportunities that have existed. Because of that, I think a lot of people had a hard time and trying to figure out how to navigate what would happen next if they lost their job or if they did lose their job.18:55- I think that one lesson learned is you'll always be able to figure it out. We're resourceful, and we'll be able to figure things out, right? And don't not do something because you're scared. I also think time is too precious and too short not go after and do something that you're passionate about and what you love. And if that means pivoting into a completely different career, or within the sector doing something else, like, do it, you know, don't stay stuck in something, right? Just because, yes, you're getting a check at the end of the day.20:21- I think there's nothing like being able to look at something and saying, hey, I built this, like, this is mine; I still go by that project that's on Melrose cry in Hollywood, you know, and I really proud, like, when I drive by it, like, the role that I had to play in that. And so that is one of the most exciting parts about my job.25:44- One thing I do think is that sometimes women don't like to ask, and if you don't ask you never will receive.35:04- I don't even think being persistent is obnoxious, I think shows you that you're passionate about something and you want the opportunity.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Gina:LinkedIn: https://www.linkedin.com/in/ginawieczorek/Website: https://casitas.la/Gina's Podcast Recommendation's: Leading Voices in Real Estate with Matt Slepinhttps://www.terrasearchpartners.com/voices/The Competent CollectiveNancy's Hype Playlist:https://open.spotify.com/playlist/0caHUGjUv8vfWiJxFOE61B?si=qSyjXD_gRmW9oSlNDMIuKgNancy's Fast Driving Playlist:https://open.spotify.com/playlist/00YC8ND05duS0uU6VBXxRv?si=MoSGR_KITLCFdXfpgyy_Ow

Welcome back to the She's Wild Podcast hosted by Nancy Surak! Today's episode is all about my career journey and how I got to where I am today. Although I have interviewed many guests on the podcast, I realized I have never told my story of how I started working in real estate and land development. My career path in this field was untraditional, like many of the guests I have interviewed, and I can't wait for you to learn more about it. My hope is that this episode lets you learn a little bit more about me and why I absolutely love what I do. I am so grateful for all of the individuals I have met along the way and can't wait for you to learn more about my career journey!Memorable Moments: 2:15- It's really funny for me to think back to the fact that my love of land development started when I was really young, without any external influence. I didn't have it around me. I was just naturally drawn to the built environment.6:12- I was raised, quite honestly, with the lens of my dad. So I was raised to believe that I, you know, from age eight on, I could do anything I set my mind to, that I shouldn't let my gender get in my way that if I wanted something, it was really about hard work.17:49- Other than when my dad got injured, getting accepted into UF is quite possibly the biggest pivotal moment in my life outside of meeting my husband and having my kids. It completely changed the trajectory of my life.18:53- I worked for an engineering company that was woman owned, and it was phenomenal. I was doing all their business development work. I was calling on developers, getting deals, and securing their work in the market on the west coast of Florida, and it was great.21:46- And as I dug into, what do I want to be when I grew up, like literally, I was like 35, right? What do I want to be when I grow up? What kind of impact do I want in my career? I kept coming back to land, land, land, land and development. It was just such a huge draw to me and just a pull in my belly, like I knew that was where I needed to be.25:57- Today, we're at the end of October of 2022. And I'm reflecting on, you know, almost the two decades that I've been in the business like I literally just started my 18th year of the brokerage side. And, you know, it's really, really awesome for me just to take a minute to pause. And to think about all the lives that I've impacted all the sellers that I've worked with the buyers that I've worked with.26:52- Over the last 18 years, I've sold hundreds of millions of dollars worth of vacant land in and around the Tampa Bay region. Those parcels have already become or they are under construction now or will become 12,000 plus single family homes 6,000 plus multifamily apartments and millions and millions of square feet of commercial developments.28:57- Last year in 2021. I was recognized by the Realtors Land Institute, I finally cracked through the top 20 Land brokers in the United States. I was the only woman to do so then and still. So I was recognized by the Realtors Land Institute as the top woman land broker in the nation. And I've had just so many awards.29:52- My best piece of advice is if you have a dream, or you have an interest go after it. Do not stand in your own way to reach the next level in your life.30:31- Flexing the muscle to take a risk will propel you. It is the best advice I can give. If you want something, work your tail off and go make it happen. Do whatever you need to, to get your goal accomplished.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comShe's Wild Sound production by:Luke Surak, Surak Productions: surakproductions@gmail.com

In this episode, Landry Designs CEO Lisa Landry joins the show to discuss the significance of considering interior design in a real estate business and how it adds value to an asset. This conversation can increase the level of your creativity and ideas when renovating properties, so take this opportunity to learn something new today! Key Takeaways to Listen forHow to start investing in multifamilyPractical tips on how to renovate a property within a specific budgetWays to boost the value and appreciation of a propertyThings that attract people to buy a propertyHelpful property renovation ideas for investorsResources Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor About Lisa LandryLisa is the CEO of Landry Designs, an award-winning interior design firm with a team of over 20 persons working from a 1,800 sq ft studio in Texas with over $35M in assets. The team is focused on adding value to multifamily properties across the country. Lisa is also a personal mentoring student of the Brad Sumrok Group, her company has been voted “best interior designer” by residents ten years in a row and is frequently featured on multifamily podcasts and webinars.Connect with LisaWebsite: Above & Beyond Multifamily | Landry DesignsConnect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.

Welcome back to the She's Wild Podcast hosted by Nancy Surak! Today's guest is Katie Maslechko, Director of Development at Beedie. In her role, Katie focuses on guiding several of the firm's developments from initial acquisition and deal structure, through design, development approvals, financing, construction and turnover. Her project experience spans a variety of asset classes and includes Vancouver's first purpose-built Biotech Laboratory building and GMP Facility, several complex Affordable Housing partnerships, retail and grocery stores for national brands, and several mixed-use and residential high-rise developments across the Vancouver region. Katie currently serves as the Co-Chair of the Urban Land Institute's (ULI) America's Young Leaders Group, working to cultivate and empower the future of our industry and representing 10,000 ULI Young Leaders in 54 cities across the US, Canada and Mexico. She is a member of the ULI Public-Private Partnerships Gold (PPPC-Gold) Product Council where she currently serves as Assistant Chair, and is appointed to embrace the role of Product Council Chair for the 2023-2026 term. She also serves as Board Member for Catalyst Community Development Society, a not-for-profit affordable housing developer. Katie holds a Bachelor's Degree in Policy, Planning & Real Estate Development from the University of Southern California.Memorable Moments:3:26- I really take personally, the new tagline that ULI just came out with, which is where the future is built. Because I think that's what YLG really, really can be in the most beautiful way. It's really about creating more accessible and equitable access to leadership opportunities.10:26- I think the one piece that definitely connects to development for me anyways is that I was an insanely inquisitive child who needed to know the answer to everything or ask questions that probably, you know, not every adult was equipped with the answer to answer me on but I was persistent regardless.12:50- I think I've always gravitated towards the complicated, hairy, messy deals that often take a lot to unpack, but are so worth it in the end, and have really kind of built a niche for myself on those ones, being the challenging ones, or the highly political ones.15:26- Instead of being able to produce our own vaccines, we were literally waiting on other countries to send us theirs. And while I hope we don't have to go through COVID, ever again, that manufacturing capacity for a whole variety of different things is going to be really, really significant for the economy out here as well.17:12- I really, really love the approval side. It's such an integration of kind of strategic thought, often political, angling, and kind of figuring out how to make your compelling case, despite the political headwinds that may exist.25:15- I can't even tell you how many times that someone I volunteered with at 23, or 24, has since become the person on the other side of the negotiating table, or quite literally, the city planner responsible for approving my project.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Katie:LinkedIn: https://www.linkedin.com/in/katiemaslechko/Website: https://www.beedie.ca/Twitter: https://twitter.com/KatieMaslechkoInstagram: https://www.instagram.com/katiemas/ULI Americas, Young Leaders Group: https://americas.uli.org/councils/district-councils/get-involved/young-leaders-group-ylg/Katie's Podcast Recommendation:Rare Breedhttps://www.audible.com/pd/Rare-Breed-Audiobook/0062933078

In real estate, there are many ways to generate cash flow and appreciation. Listen in as Jim Pfeifer talks with the Principal of Responsible Real Estate, Bryan Underwood as he shares the challenges of starting his own venture outside of his family's business and expertise. Bryan discusses the importance of having the right partnerships, the initiative to learn from experienced mentors, and how accumulating knowledge can enable you to conquer an asset class entirely new to you. Check out this episode and be inspired by Bryan's dedication to creating wealth while improving lives and building communities from the ground up.  Resources:Learn more about Passive Investing from our books: https://leftfieldinvestors.com/booksTo see the full show notes and transcript, click here.Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know, like, and trust. Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investors' Community.Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.

Welcome back to the She's Wild the Podcast for Women In Land & Development. Today's guest is Jaimee Reinertsen. Jaimee is the co-founder of SparkFire Branding, a full-service agency specializing in marketing mixed-use and residential real estate. Jaimee is an award-winning creative director, and has been using her passion for place-making to help developers build distinctive brands for over 20 years. Before opening SparkFire Branding in 2015, she was the Vice President and Chief Creative Officer of Wallace & Company and Ecendant Interactive, as well as the Vice President of Milesbrand. She is an active member of the National Town Builders Association and Vice Chair of the Urban Land Institute's Community Development Gold Council.In today's episode, Jaimee and I talk about SparkFire Branding, the real estate marketing agency that she and her husband created to combine their talents of technology and design. Jaimee walks us through some of the projects she has worked on over the years. Listen in as we discuss her career path, as well as things that she's seeing in her business right now. Jaimee is an incredibly talented individual with a passion for helping businesses grow. It was inspiring to chat with her about all of the work that she and her team are doing at SparkFire Branding. It's clear that they are making a big impact in the real estate industry, and I'm excited to see what they do next!Memorable Moments:9:05- The name of the game in the last few years has just been being as nimble as possible. So, we're looking at things week to week with what's the engagement level in the market? What websites are people spending their time on? What are their questions? What are the frustrations they have? How can we communicate better? And it's really been such a dynamic time in the last couple of years, that it's just been so unpredictable and fun in that regard.12:01- Because of COVID, people really started to think very critically about what their home allowed for, what the shortcomings were, and having kids at home through school. So there were just so many different decision-making factors that went into it. And that really altered and I think, made the buying decision so much more urgent. 13:22- For a while, it felt like the computer was the thing the world lived in because that was your interaction with humans. So changing how we took information centers, basically online, and created virtual presentations, that you would have always wanted to be in person before.18:44- At the end of the day, we want to work on places that everybody's committed to be proud of. And it just makes for a much more collaborative, enjoyable, and creative experience.21:34- We're always trying to get people to change the value equation from price per square foot to quality of life. And the more we understand how the developer came to it, the more we can help build that value.26:36- Our motto is to share recklessly, because we want to give back to the industry that, you know, has been so good to us.26:57- It's such a long game with business development in this industry because it's all about relationships, and things come back, and we truly believe that. It's fun to just share with people; it's something we love to do. It kind of all comes back around. So sometimes, we need advice from people, and we want people to share with us.27:41- The most fun I have is traveling to places I would probably never get to if I were vacationing, right? Like I probably wouldn't necessarily end up in Liberty, Missouri, for a vacation, right? But I remember going there and meeting the people, and we were doing a city rebranding, and just hearing about their history and what they're proud of, and what they love.35:10- Real estate's such an interesting thing to market because most of the time, in the early days, as you know, we're talking about things that aren't there yet, right? And we're asking people to trust us that they're coming.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Jaimee:LinkedIn: https://www.linkedin.com/in/jaimeeabbott/Spark Fire Branding Website: https://sparkfirebranding.com/Jaimee's Book Recommendation:HANDLING YOUR FIRE: Passion, Burnout, Routines and Resiliencehttps://robbell.com/audio/handling-your-fire-passion-burnout-routines-and-resilience/

Sustainability is a word that is being highlighted now more than ever. It is a fact that our planet faces the challenges of changing climate, extreme weather conditions, and natural phenomenon, and we need to do something to address these. That's why building sustainable products such as homes is proving to be helpful as no small act is ever small for the planet.Today, we speak to Johannes Urpelainen of Oasis Equities and he details how we can have sustainable multifamily development that will serve the community and society as a whole. He also talks about the market that he's in, the reason why we should think about sustainability, and what 3D print housing is. Tune in now and learn about ways you can incorporate sustainability in your multifamily project today!

I am so excited to have Ashley Wilson as our guest for today's episode. Ashley, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Co-Host of The Passive Investing Show, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors, and a BiggerPockets' Series Host. She started investing in real estate in 2009 and has been involved in over $100 million in transactions within both single and multifamily real estate across over 1,500 units. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horses, Diacara & Wow!Ashley always dreamed of being her own boss and running her own business. So, when she was presented with the opportunity to transition from her career in big pharma to real estate, she jumped at the chance. Ashley is passionate about empowering women and helping them build confidence. She believes that every woman deserves to have a seat at the table and she is dedicated to helping women achieve their goals. Ashley is a strong advocate for financial independence and she encourages all women to take control of their finances. She is an inspiring example of a woman who has taken charge of her career and is living her best life. Thanks for tuning in!Memorable Moments:7:22- It's interesting to see, when you have major changes in a market, how different groups respond. And to me, you can always find a deal no matter what cycle we're in, it's a matter of just being more creative.11:25- When you first play Monopoly, you think the objective of the game is to buy as many houses or properties as possible. But what you quickly realize is, that's not the object of the game, the object of the game is to buy the right properties and build hotels as fast as possible, which means you have to buy houses as fast as possible. So you have to allocate your funds differently, and you strategize to play the game in a completely different way than you do the first time playing Monopoly. Well, I think most people in life are playing Monopoly and playing life as if they don't know the rules.13:57- Every journey is different. And the great thing about real estate is real estate is still a business especially multifamily. I always say you're buying a business and real estate's just attached to it. It's not a real estate business, per se.22:24- I like to always run a potential partner through what I call the three C's, which are character commitment and capacity, going through that exercise with someone and taking personality tests as well as working with them prior.57:53-I think most people look at a deal first, and then the market and then the team. And I think you should always look at the team first, and vet the credibility of the team before anything else and not be swindled by return metrics. But really know a team very thoroughly make sure that they've all worked together previously, that they have experience on that type of deal and that type of market all the way down to have they worked with a property management company before.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Ashley:LinkedIn: https://www.linkedin.com/in/ashley-wilson-2835685/Website: https://www.badashinvestor.com/Bardown Investments Website: https://www.bardowninvestments.com/Instagram: https://www.instagram.com/badashinvestor/?hl=enAshley's Book Recommendation:Anything Malcolm GladwellOnly Woman in The Room- Ashley Wilsonhttps://www.amazon.com/Only-Woman-Room-Knowledge-Inspiration/dp/173559590XSound production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Join Guy Ruddle and guests: Polly Simpson, Head of Multifamily Development, Operational Capital Markets, Marcus Roberts, Head of Europe OCM, and Richard Valentine-Selsey, Head of European Living Research.Our experts discuss what attracts renters to Multifamily schemes, investment trends, active players and key markets, the challenges of inflation and rising build costs, as well as the need for increased investment into energy efficient housing across Europe.

This week we welcome Kate Good, SVP of Multifamily Development at Hunington Residential as we continue our conversations from Apartment Academy LIVE recorded at Apartmentalize 2022. Kate joins us to discuss her 2022 Apartmentalize speaking session topic on how the multifamily industry is accommodating for the digital nomad lifestyle! This is an interesting episode you won't want to miss! About the Apartment Academy: The Apartment Academy podcast is hosted by Leonardo247 founder, CEO, and Professor of Property, Daniel Cunningham. Each 20 to 30 minute episode features an insightful and educational conversation with a leader in the multifamily industry. Check out all the episodes from Season 1 and 2 and subscribe to get the latest episodes from Season 3 as they release!

Hour 3 - a local business update from the Wichita Business Journal

Welcome back to the She's Wild Podcast hosted by Nancy Surak! Today's episode is all about what I've learned since I decided to start this podcast. The She's Wild Podcast started because I wanted to create a platform where I could interview women in commercial real estate, land and development and have them share their career stories. I am so grateful for the support I have received and new relationships I have formed throughout the last 20 episodes. I have loved shedding light on women in this industry and sharing each of their unique stories. Each of my guests has brought something different to the table, from sharing their favorite deal to explaining how they began their careers. Although each guest has been from a different sector of the industry, all of my guests have given women who are not currently in this field a new perspective about working in commercial real estate and in land and development and challenging the idea that only men select this career path. I am so eager to share some of my biggest takeaways as I review everything I've learned so far since I decided to start this podcast and I thank you again for the continuous support as I shed light on the amazing females working in this industry. Memorable Moments:Thank you to every woman who has reached out to me, who has sent me mail, emails, LinkedIn messages, Instagram direct messages, or that I have seen in person. When you say to me, “Your podcast is meaningful, I'm so glad you're doing it.” “Thank you so much for giving a voice to women.”. That's what keeps me going. Women in commercial real estate, and in particular, land and development are total badass chicks. You guys rock. This is a hard business, and we all love it, but man, y'all are awesome women who work so hard for yourselves and for your companies and your investors. You deserve to be recognized.You do not have to have a degree in real estate, in construction, or in development to get into this business and to be crazy-successful as a woman or man in this business.I've heard this my whole life that your network is your net worth. And it's really true, the value of networking and the friends you can make in the business and people that you can lean on is really impactful.All of my guests felt like our industry, and our companies could do a much better job of bringing more women forward in boardrooms and on stages, and in training women in particular, to take on those roles.I love hearing how important it is for you to hear other women's voices in our industry. And I will continue to do this show for as long as I can because of that. So please do give me feedback, and please help spread the word about the podcast.The show is currently being listened to actively regularly in 14 different countries in the world. So this little bitty show that I called She's Wild for women in North America that are in land and development now has listeners every week, globally, which is a little mind-blowing for me to know that my content has meaning across culture, right? It's really cool.If more people can see someone that they can identify with up on the stage, or in a leadership role, more of us will know that we can be that person, we need our role models. And honestly, that is 100% what this whole show is about.One of the goals that I set originally when I decided to do this podcast was to make sure that women are not misplaced in the industry. I do feel like the woman's voice is getting lost in some conversations, and I think it's important for us to continue to fight for parity in our industry and in potential leadership roles, and especially on board seats.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comSound production by:Luke Surak, Surak Productions: surakproductions@gmail.com

The Resmark Companies' Ziv Cohen and CBRE's Roland Merchant join Spencer Levy to offer insights on what's next for residential development.

Welcome back to the She's Wild the Podcast. Today's guest is Lesley Deutch. Lesley is a Managing Principal based in Florida for John Burns Real Estate Consulting. She has more than 25 years of experience consulting with executives in the finance and real estate industries throughout North America. She works on a wide spectrum of development projects, including apartments, for-sale housing, high-rise, urban projects, single-family rental, and commercial developments.Throughout her career, Lesley has always been drawn to data. As a result, she's made a name for herself as a trusted consultant to major land developers and for leading all custom consulting projects in the Southeast. In today's episode of She's Wild, Lesley and I discuss her career journey and how her team collects data to provide valuable insights to their clients. We also talk about the unique ways in which they use data to help their clients make better decisions. Throughout the conversation, it's clear that Lesley is passionate about her work and truly believes in the power of data. As a result, she is an inspiration to all women who are looking to make a difference in their careers.Thank you, Lesley, for sharing your story with us!Memorable Moments:6:30- My favorite type of project would be to take a large piece of land and say, what should go here? What's the path of growth? Where do we see the world in 10 years? And what kind of real estate do we need?10:30- We have a whole building products division that's still forecasting double-digit increases in construction costs over the next year, and that's going to be very difficult for builders to push that through. So I think that's a very big concern. We're watching it closely.12:34- My job right now is probably the hardest it's ever been to really understand what the market is because it's all over the place.17:58- I think being able to learn from other people, whether they're just out of college, or the most experienced people, 30 years in the business, everybody has something to teach you.22:07- Every young person wants to get to be a developer, and that's really exciting, right? That's a really great job. And it's, you know, super high end, but I think learning how to do a deal, learning how to research a deal, and all the pros and cons behind it really helps you understand.23:05- Really the key to staying employed, to getting a job, is showing someone what you can do for them, and what your worth is.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with LesleyLinkedIn: https://www.linkedin.com/in/lesleydeutch/John Burns Real Estate Consulting LinkedIn: https://www.linkedin.com/company/john-burns-real-estate-consulting/John Burns Real Estate Consulting Website: https://www.realestateconsulting.com/Lesley's Podcast Recommendation:The Big Man Can't Shoothttps://podcasts.apple.com/gb/podcast/the-big-man-cant-shoot/id1119389968?i=1000371650194Sound production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Welcome back to the She's Wild Podcast! I'm so excited to have April LaMon as our guest on the show today. April is an experienced entrepreneur and technology expert with a penchant for developing innovative digital platforms, software solutions, and operating systems that seamlessly connect real estate developers and their communities with residents, prospective home buyers, and local businesses. As the CEO and Co-Founder of Alosant, she pioneered the creation and growth of groundbreaking PropTech programs and services for over 70 residential and mixed-use communities nationwide.In today's episode, April and I talk about the origins of Alosant and how she didn't have any experience in application development when she was approached to develop an app that connected real estate developers and their communities with residents. Today, April leads the company and provides developers with a competitive edge by configuring PropTech solutions that offer future residents an immersive experience of what life will look and feel like at a community before it is fully developed as well as solutions they can use once they move in.April's story is an inspiration to anyone who has ever been told that they can't do something because they don't have the right experience. With hard work and determination, anything is possible.Memorable Moments:22:28- We're finding that developers are coming to us earlier and earlier in the process, because they want a way to share that story. They want a way to take their vision and make it more tangible to people even before it exists.26:46- I think the biggest challenge then, and to some degree, it's starting to get a little easier, is convincing people that this vision of making your community this relevant, generating this much awareness that people will download and use and engage, and it will, it will lead to a better experience in the community.28:38- One thing as I coach young people is really listen to that voice deep inside of you. Because even if you don't realize it here, there is something here that's guiding these decisions.31:18- You can always, always benefit by being curious, be curious, things aren't always what they seem, or there's a lot more there than might appear at the surface. Take the time, allow yourself the time to be curious and really explore whether it's a problem that you're trying to solve. The first and quick answer might not be the right one. Take the time to be curious and go deeper.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: https://nancysurak.com/Connect with April:LinkedIn: https://www.linkedin.com/in/aprillamon/Alosant LinkedIn: https://www.linkedin.com/company/alosant/Alosant Website: https://www.alosant.com/April's Book Recommendations:My Life in Full by Indra Nooyi via Amazon: https://amzn.to/3BzYYV0Sound production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Welcome back to the She's Wild Podcast hosted by Nancy Surak! Today's guest is Sally Riker, partner at Lowe's Engineers. Sally has 25 years of experience in the A/E/C industry and was named by the Atlanta Business Chronicle in 2020 to their List of Women Who Mean Business. Sally was recognized as one of the most influential women in A/E/C in Georgia 2018-2022. She was named to the “40 under 40” list of leading professionals by Georgia Trend magazine and she was recently appointed to the Urban Land Institute's America's Women's Leadership Initiative Committee.Sally's career journey has been filled with success and she's long been recognized as a strong leader. She attributes her leadership skills to being involved in team sports in her youth and dives into the lessons she learned being a fast-pitch pitcher on her softball team. She is proud to be a woman in the STEM field and works to lift other women up in traditionally male dominated industries. Today's episode will leave you feeling empowered and ready to step outside of your comfort zone and into a position or career path you might be thinking about.Memorable Moments:4:50- When you're playing team sports, you learn early on how not only to lead but support, how to cheer others on. It's something where every person on the team is a critical component to your success. So it's the same thing here at work.7:29- So the biggest thing that I always tell people is to be responsive and communicate. That is one of the biggest things that will help a project or help a client understand where you are with the project. If you don't communicate with them, you're not responsive, or you don't pick up the phone, it lends to a lot of problems that perhaps you could have nipped in the bud, to begin with.12:18- I feel like it is so important, especially for women, to raise your hand, get involved in those leadership roles, don't just be a member or participate, really get involved. There are not enough women out there that get involved with nonprofit organizations, professional organizations that really raise their hand and say, “Hey, I want the opportunity to lead”.21:42- One thing that I have to say is women are strong, we're resilient. I feel very, very honored and privileged to be here at Lowe, I'm the only female partner.27:05- I really never thought I would be in a STEM field growing up; I thought I was going to be on Broadway or a news anchor or something like that, but, you know, it is possible.36:00- Put yourself in the arena, make yourself bigger, you know, and at the end of the day, it's you that counts. You're your own worst critic, and you're probably the one that holds holding yourself back in the long run.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Sally:LinkedIn: https://www.linkedin.com/in/sally-riker-f-same-1b1a1943/Website: https://loweengineers.com/Sally's Book Recommendation:Daring Greatly Brene Brown via Amazon: https://amzn.to/3OAbK8TShe's WILD Sound production by:Luke Surak, Surak Productions: surakproductions@gmail.com

The Lee's Summit City Council will learn results of a new housing study at Tuesday's Council meeting. We know what the report will say, but what do our elected leaders think? And what are the questions we should be addressing as our community plans for future growth and demand for housing. Hosts Nick Parker and Jason Norbury take a look at some of the questions and possible focuses of conversation.

Welcome back to the She's Wild Podcast hosted by Nancy Surak! I'm so excited to have Meg Epstein as our guest on the show today. Born and raised in California, Meg is now a leading real estate developer in Nashville, Tennessee. She has over a decade of experience creating efficient, modern lifestyles for people where it matters most: their homes and neighborhoods. Meg founded CA South in 2016 with the idea of bringing Nashville her sense of design and style of building honed from her days constructing in California.Over the course of her career, she's been involved in the development and construction of over 1 million square feet of residential and commercial real estate, representing over $780 million to date. Today, Meg is the CEO of CA South, a licensed Commercial Contractor, a licensed Residential Contractor, a CCIM candidate, and she's also a licensed real estate agent.In today's episode, Meg and I talk about the power of cold calling and why it is an efficient business strategy when you are getting into development or real estate. We discuss the booming market within Nashville, Tennessee, and why that began to grow exponentially during the pandemic as well as other market trends that are making it a great place for real estate development. Meg sheds light on CA South and how her company is shifting its focus into the industrial market for the foreseeable future.This episode is great for anyone looking to get into real estate or development as Meg talks through the challenges and wins she has encountered throughout her years as an entrepreneur.Memorable Moments:7:03- Cold calling was how I got my first deal funded, my first over 100 million dollar deal funded, during the pandemic, and I've never even met them, but I cold-called them and I had been cold calling them for many years.10:53- I tend to think really big, I think that's another big lesson I've learned that you have to kind of keep your goals really high and continue coming back to them.22:00- Well, in this market, deals are really tough to make work. So you have to be creative and find the right opportunities because there's always inefficiency.28:35- I think that it's been a really tough struggle, the supply chain issues and the cost of construction with the high expectation for land value.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: https://nancysurak.com/Connect with Meg:LinkedIn: www.linkedin.com/in/megepstein/Instagram: www.instagram.com/megaubaleepstein/Website: www.casouthdevelopment.com/Meg's Podcast/Book Recommendations:How I Built This with Guy Razhttps://podcasts.apple.com/us/podcast/how-i-built-this-with-guy-raz/id1150510297Speaking from Experience via Amazon - https://amzn.to/3c75wQcTraction: Get a Grip on Your Business via Amazon - https://amzn.to/3ysqC2WShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Alvin Hope Johnson is the President of Multifamily Monopoly (MFM), an education platform for real-estate investors wanting to learn the process of Multifamily Development and Ownership. Alvin is also President of Hope Housing Foundation (HOPE). The Foundation, which is headquartered in McKinney, Texas, was incorporated as a 501(c) (3) in 1998. HOPE has a business model that positions itself as one of the most effective, nonprofit affordable, workforce housing organizations in the Country. Follow Alvin Hope Johnson on Instagram: https://www.instagram.com/alvinhopejohnson/?hl=en Follow Alvin Hope Johnson on YouTube: https://www.youtube.com/channel/UCQmzKbO6ZLdGV7dfsWjzUMg Follow "The Casey Adams Show" on Instagram: https://www.instagram.com/caseyadamsshow/?hl=en Learn more about your ad choices. Visit podcastchoices.com/adchoices

Welcome back to the She's Wild Podcast hosted by Nancy Surak! Today's guest is Carol Stricklin, AICP, the Director of the Pinellas County Housing and Community Development Department. Carol is responsible for the Community Development and Planning Divisions. Her department manages the County's grant-funded affordable housing programs and is administering $80 million in sales tax funds set aside for the production of affordable housing. Carol has over 35 years of experience in public and private sector planning in Florida. Her areas of expertise include economic development, redevelopment, and affordable housing.Carol has had an impressive career journey, starting in Orlando and eventually becoming the Director for Pinellas County Housing and Community Development. She's seen how the market has changed within Pinellas County over the past ten years, and she's got a lot of insights to share. For starters, she explains that the "missing middle" is a big problem when it comes to affordable housing. Basically, there's a real lack of options for people who don't qualify for government assistance but still can't afford market-rate rent. It's a complex issue, but Carol is optimistic that they can make progress if they continue to work together and focus on finding creative solutions.Memorable Moments:7:20- We're trying to spread a wide net, not just reaching out to our traditional affordable housing development partners, but to but to the market rate developers to try to get some mixed income projects. So putting that money out there to help leverage deals is a lot of what we're doing.9:26- If you attract a workforce, and then can't give them an affordable place to live, you can't continue to grow your economy.17:48- Planning is a long game. So sometimes it takes 10 years to be an overnight success. But to go back to communities and see those projects is, is one of the most rewarding things I do.24:40- If, you know a young career professional has an opportunity to work in that sort of transformative part of the real estate industry where we're looking at energy efficiency, green building sustainability, climate change, you know, I would say go into the industry and focus on that that sort of that future ESG initiative.27:13- Looking outside of the sort of purely the professional associations to look at the other segments of the industry, I think has just been really beneficial to my career.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with CarolLinkedIn: https://www.linkedin.com/in/carol-stricklin-47128013/Carol's Book Recommendation:The Infinite Game by Simon Sinek via Amazon: https://amzn.to/3OPPk3XShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

In this Topical Tuesday's episode, I spoke with Brian Hamrick, someone who purchased his first multi-family property in the wake of the global financial crisis and has since worked with investors to acquire apartment communities, self-storage facilities and non-performing notes. He is also a past-President of the Rental Property Owners Association, which is Michigan's largest REIA, and he also hosts their popular podcast: "Rental Property Owner & Real Estate Investor Podcast". Be sure to tune in if you're interested in learning about: What critical skills that Brian cultivated working in the movie industry that translated to success in the world of real estate How Brian scaled up from small, residential properties to large, commercial properties Lessons learned from renovating a 100+ year old multifamily building How to mitigate risk in developing multifamily properties Why multifamily development might not be as risky as it seems on the surface To your success, Tyler Lyons Resources mentioned in the podcast: 1. HIGInvestor 2. Victory Development Group 3. The Rental Property Owner & Real Estate Investor Podcast Interested in investing in ATMs? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Multifamily Development with Kyle Jones In this episode, Beau talks with Kyle Jones, co-founder of TruePoint Capital. While they covered the real estate investing spectrum, they focused a bit on multifamily development, an area Kyle has extensive expertise in. He started with a couple smaller single family properties and then realized that multifamily was the way to go. Eventually, he expanded into multifamily, ground up construction projects, which is where his focus is now. This is a good interview to watch if you want to see the evolution of a real estate investor. About Kyle Jones Kyle is a co-founder and Key Principal of TruePoint Capital, LLC. Kyle is responsible for the company's strategic planning, investment decisions, asset management, and overseeing all aspects of the company's financial activities, operations, and investor relations. Kyle obtained a Bachelor of Science degree from Texas State University – San Marcos, where he also played Division 1 Baseball.

Welcome back to the She's Wild Podcast! I'm so excited to have Brooke May, Vice President of Construction of Belpointe as our guest for today's episode. Prior to her current position, Brooke served as Vice President of Residential Construction at Strategic Property Partners working solely at Water Street Tampa. She has over 19 years of experience in the construction industry working in multiple roles including as a subcontractor, general contractor, and developer. Prior to SPP, Brooke worked as a Sr. Project Manager with Moss and Associates overseeing multifamily and hotel projects. She also worked with Reinforced Structures, Inc. and helped build iconic projects such as The Perez Art Museum in Miami, FL and The Salvadore Dali museum in St. Petersburg, FL.In today's episode Brooke and I talk about her extensive career experience. She's open, honest, and provides excellent insight into her career and she shares tips on what she's learned about what it takes to be successful as a woman in the construction & development industries. We also discuss challenges she faces on projects, such as supply chain issues, and what she does to overcome them.Memorable Moments:7:03 - It's very cool to have a tangible product at the end of what you do. I mean, even with the development side, you might think you're just turning and burning dirt. But when it's all said and done, you took that dirt, and you helped develop the building, even if you weren't a part of the construction. For me, the tangibility has always been fantastic.16:46- I've never had the fear of No. No is not a punishment, no is just no.17:32- If you're not happy where you are, you're not getting the satisfaction from where you are, the only thing you can do is change. You can't expect everybody else to change for you.42:01 Learn your stuff and know your stuff. Because if you don't, they will walk all over you.42:16 Take the job, do the work. Construction as a whole; you got to have five solid years underneath you doing the grunt work just to even understand how multiple buildings go together, not just one. You can't just be on one project and think you know, it all.42:54- There's a lot of men who are opening up to it when realizing how thorough and detailed women are, and needing that on their team. Women are being sought after for the positions in construction.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with BrookeLinkedIn: https://www.linkedin.com/in/brooke-may-70161143/Brooke's Book Recommendations:What Men Don't Tell Women About Business- Christopher Flett via Amazon: https://amzn.to/3a7ZkpUWork With Me- Barbara Annis and John Gray via Amazon: https://amzn.to/3LZaryHShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

In today's episode of She's Wild Podcast, I am eager to introduce you to our guest Michele Pino. Michele has been a commercial and site selection specialist with the Land Advisors Organization in Arizona since 2006. She helps school districts, solar developers, public entities, hospitals, medical, and other commercial users plan strategic location decisions. Not only does she have over 12 years of statewide experience in economic development, she also served 8 years in state government at the Arizona Department of Commerce as director of small and national business development.Throughout the episode, Michele and I discuss the anatomy of a land deal and how her professional experience has allowed her to excel in her career as a land advisor. Michele also shares how working for the Land Advisors Organization sets herself apart from others in the industry. Tune in to learn more about Michele and why she was named one of the Most Influential Women in Arizona Commercial Real Estate in 2021.Memorable Moments:5:45- Years ago, deals were more fluid. People saw a piece of land, we could get comps, and we could identify it and make an offer. Both parties were realistic, and land was available.6:54- I am representing some industrial deals, but you just have to be creative. And you have to take them in places where they might not have thought about before, in order to get it.10:10- One of my backgrounds is I am a trained mediator. So I used to mediate for the attorney general's office for the state of Arizona, and there are a lot of mediation principles, as you know, in getting a land deal done.14:22- I think site selection is huge, because the very lovely thing about land advisors is we have this great data, we have this great ability to look at the market and have a great overview of it.15:44- I'm all about teams. Teaming is the way you get things done. You can be a land broker, but if you don't have an architect, an engineer, and some other folks, you know, you're never gonna get it done.25:10- Get out in front and take the step, don't stand behind somebody and say, “Okay, I'm supporting you on this deal.” Get out in front and be the part of the deal, you know, negotiate the deal.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Michele:LinkedIn: https://www.linkedin.com/in/michele-pino-a29841a/Land Advisors Organization Linked In: https://www.linkedin.com/company/land-advisors-organization/Land Advisors Organization Website: https://landadvisors.com/Michele's Book/Podcast Recommendations:Buddha at the Gas Pump: https://batgap.com/subscribe-to-podcast/Learn more about Brene Brown: https://brenebrown.com/Learn more about Mindvalley: https://www.mindvalley.com/programsShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

On to this week's guest. Christian Szpilfogel is one smart guy. He's a former tech executive who worked with Canadian tech billionaire Sir Terry Matthews and he's implemented a highly analytical and technology based strategy to maximise the returns on his multi family investment.  Christian detailed the top tech apps and devices for ROI in a past podcast so check it out if you haven't already, the water metre monitor could save you thousands of dollars via early detection of a water leak.  Christian's smart on the EQ side as well in his ability to communicate his renovation and development plans with the neighbours to obtain their signed support to get his variances and permits approved. He shares how he's finding deals, getting offers accepted in multiple offer situations, and even having sellers call him directly. Cherry and I will be videoing and touring Christians properties in early June as part of our Ottawa tour, we're in town hosting a casual meetup in Centretown 6pm on June 7th and on June 8th, Cherry will be a guest speaker at OREIO, the big Ottawa networking group at the Infinity Convention Centre.  OREIO's Link to register: https://www.oreio.org/event-4738820/Registration Christian is a good guy, he's not here to sell anything, his projects are self funded, and please enjoy the show! To Follow Christian: Web: www.aliferous.ca  FB: https://www.facebook.com/AliferousGroup IG: https://www.instagram.com/aliferousproperties/

Welcome back to the She's Wild Podcast hosted by Nancy Surak! We are so excited to have Jillian Bandes as our guest for today's episode. Jillian Bandes is a Construction Manager with Bandes Construction, a Florida based, third-generation construction firm, with a strong portfolio of commercial work for the private and public sectors. Jillian has experience in commercial and residential construction, as well as for-profit and nonprofit development.In today's episode Jillian walks us through the challenges of being a female general contractor in a male dominated industry and how she navigates her role with grace. Tune into the episode to learn more about Jillian, her career, and about her volunteer work through a nonprofit organization she leads known as YIMBY St. Pete. YIMBY St. Pete concentrates on public policy approaches that can fix the affordable housing crisis through ways that don't cost taxpayers money.Memorable Moments:9:05- Especially as a GC, I'm almost positive that most of my clients don't ever have the opportunity to work with a female GC on some of their commercial jobs just in the nature of our market.19:22 There is a national housing shortage. It's a major crisis everywhere. It is really acute in St. Pete, and so I think we have a really valuable role to play in the conversation.21:27 Affordable housing impacts everyone, it impacts, you know, middle sized businesses like ours, impacts big corporations, it impacts you know, moms trying to get to, a grocery store near where their kids are, you know, it just hits every single part of our society.23:20 In terms of my company, I primarily want to work with happy employees. I know, that's not always the business goal, you know, I want to make money, I want to have great clients and I really value some of the great clients that I have. But day in day out, the folks you are working with are the folks who you do business with who you rely on to get the jobs done. And I have just such incredible coworkers right now. They really make it worth getting up and doing what I do all day long worth it. I find it really engaging and kind of, they're entertaining in a lot of ways, you know that that lifts you up.30:15 It took me so long to understand the mechanics of building and I feel like that learning process could have been shortened if I had majored in something that was a little different.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Jillian:LinkedIn: https://www.linkedin.com/in/jillianbandes/Website: https://www.bandesconstruction.com/Email: Jillian.Bandes@bandesconstruction.comJullian's Book Recommendations:Haruki Murakami Books on Amazon https://amzn.to/3vWdAe4Pema Chödrön Books on Amazon https://amzn.to/3kWdpZUShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Laura leads the residential arm of Lakewood Ranch, the nation's top-selling multigenerational community in 2018, 2019, 2020, and 2021. She oversees a 16,000-lot residential portfolio under active development by 20 builders with 2,000+ annual home sales. Laura also directs marketing efforts for LWR Commercial and the Lakewood Ranch Golf & Country Club. Before Lakewood Ranch, she was vice president of marketing for Willowsford, a 4,000-acre “agri-hood” community in Northern Virginia. From 2002 to 2007 Laura served as vice president of corporate development for RCLCO in Washington, DC, and before that, held positions with the Urban Land Institute, Greater Houston Partnership, and IBM/CB Commercial.In today's episode, Laura Cole, Senior Vice President Lakewood Ranch Communities, LLC, shares her journey into real estate and the top 3 trends she's seeing as a result of the pandemic.Memorable moments:11:07: I love the idea of “I haven't been here before”. But let's draw from what we know, or try to find some analogues that that even come close to this.12:32 I like thinking long term and you have too in these communities because we won't have homes on the ground for potentially five years. So you better be betting on the right market segment for when that's going to arrive in five years. We are being really tactical and I like the challenge of that.13:46: The biggest thing right now that we're confronting is the growing caution by the consumer tied specifically to pricing.15:09: People are looking not only to come to Florida because of the tax advantages and the quality of life, but there's a perception that living in a masterplan community creates an additional layer of security.15:36 The nuclear family is moving with their extended family. We're seeing these multi-generational moves. One family moving here becomes three or four. They've determined that this is the place where they want to put roots down and it's really rewarding to know that this is a place they want to call home.28:19 The development industry is particularly well suited for women because everything we do is multidisciplinary. We're good at multitasking and being able to bring in a lot of different facets into account in our decision making.29:36: I always feel like in our industry that being yourself pays huge dividends…Be yourself and add value.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Laura:LinkedIn: https://www.linkedin.com/in/laura-cole-8158526/Website: https://lakewoodranch.comLaura's Book Recommendation:A Land Remembered https://amzn.to/3OAbMyu via @amazonShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Nick Earls and Eric DiNicola are real estate investors who purchase/syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market.  Learn More About Nick and Eric Here: Winterspring Capital - https://winterspringcapital.com/   What do you want to hear/see more of and less of? What question do you always wish I would ask but I never do? Connect with the Global Investors Show, Charles Carillo, and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: schedulecharles.com/  ◾ Global Investors Web Page: https://charleskcarillo.com/global-investors-podcast/ .◾ Join Our Email Newsletter: http://bit.ly/32pehL0 ◾ Foreign Investing in US Real Estate Facebook Group: facebook.com/groups/ForeignInvestingInUSRealEstate/

Welcome back to the She's Wild Podcast! I am so excited to introduce you all to Taya Cook and Sherry Larjani. Taya Cook is the Director of Development at Urban Capital where she has played a lead role in developing condominium projects and seeing them through to completion across Canada. Sherry Larjani is an experienced real estate developer and entrepreneur, who's main focus is to create beautifully designed spaces that bring her visions to life. Sherry is the President and founder of her own real estate development firm, Spotlight Development Inc.On today's episode of She's Wild, I sit down with Taya Cook and Sherry Larjani to discuss their 9-story, 200-unit, condominium project, Reina. Sherry and Taya are inspiring female leaders in the real estate industry who have managed to carve out their own niche, despite being surrounded by males. These amazing ladies share stories throughout their careers that helped to inspire them to form the first, all-female development team in Canada to build the Reina condo project in Toronto, Ontario. Reina, named after the Spanish word for “queen,” is about leading women building a better condo by doing things differently — through community collaboration, new perspectives, and a commitment to multigenerational living.I loved sitting down with these ladies and can't wait for you to hear the entire episode! Memorable Moments: 7:22- Sherry L: “I wanted to show everyone on the site working with me that I can be just like them. I am an equal. I am willing to do the hard work, or pick up that piece of metal, or wood, or drywall, or whatever the case is.”9:08- Taya C:  “I think being a woman working in this industry for so many years to not have one woman who's at the top, or is highlighted in such an obvious way, it was upsetting, it was really upsetting.”11:12- Taya C: “I think a lot of people look at the industry and say, “Oh, now there's lots of women who work in it.” But when you actually look at the leadership, roles and positions, there really isn't. And the people who are making decisions on these huge projects, typically, it's a roomful of men.”22:08- Sherry L:  “I think we carried that throughout the project, even sitting around the table, all of the consultants, if they had something to say, we were willing to hear it. And you know, it wasn't just a saying. We actually paid attention and tried to see how we could incorporate it into our design.”23:33- Taya C: “I could ramble on for like an hour of all the details. But I think the main thing for the building was that it would be a space where it was accommodating to all age groups and to families specifically.” 26:20- Sherry L: “You have to have confidence in your own abilities, whatever those are, whatever you're good at, because if you don't have that confidence, and if you're lacking it, you can't sit at a table and prove a point, because if you can't talk the talk, nobody's going to take you seriously. And if you don't have the confidence, then you won't be able to carry a conversation and answer questions.” 29:14- Taya C: “Because especially most of us who, you know, are not going to put ourselves in risky positions are not going to really put ourselves out there. We can really afford to put ourselves out there at least a little bit more, and just go for something instead of just waiting until we're 100% sure it's the right decision.” Connect with Taya Cook:Instagram: https://www.instagram.com/taya.cook17/Linked In: www.linkedin.com/in/taya-cook-55382b32/Website: http://www.urbancapital.ca/Connect with Sherry Larjani: Instagram: https://www.instagram.com/slarjani/Linked In: www.linkedin.com/in/sherry-larjani-37644949/Website: https://www.spotlightdevelopment.com/Learn more about their project Reina: Instagram: https://www.instagram.com/reinacondos/Websites: https://www.reinacondos.com/https://www.nytimes.com/2019/11/12/business/women-real-estate-development.htmlhttps://www.oprahdaily.com/life/a31789120/8-trailblazers-who-are-creating-game-changing-opportunities-for-all-women/https://www.reminetwork.com/articles/eight-women-transforming-canada-multi-residential/Connect with Nancy: Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Welcome back to the She's Wild Podcast hosted by Nancy Surak! We are so excited to have Tia Jesse as our guest for today's episode. Tia Jesse is currently serving as senior vice president of development for EDEN Multifamily and EDEN Living, where she manages numerous residential real estate development projects across multiple Florida markets including Miami & Orlando. Prior to working at EDEN, Tia was employed with Wood Partners for 10 successful years where she managed development projects and supervised all aspects involved in ground-up development of 2,000+ units across South Florida! She attended the University of Florida and holds a Bachelor's degree in Finance and International Business from Florida International University. She is an active member of ULI and currently serves as an Assistant Chair on the ULI Florida Product Council's Multi-Family Development Council.Tia is an experienced land developer who has seen the industry change dramatically over her 20-year career. She provides insight on how everything from roles, to projects themselves, have evolved throughout this time frame to help potential newcomers get acclimated with what they might experience in their first years working here too! Throughout this episode you will hear the passion for Tia's career shine through with the amazing advice that she gives. Memorable moments:9:01 “I think for a lot of us in this business, a big focus right now, is trying to figure out how to build these projects and navigate the crazy construction pricing, building material, supply chain issues that are out there.”20:15 “I think back, I don't know, that I would ever have seen myself going in this direction. But it's just been such an incredible journey, and I love what I do.”21:33 “I think it's always interesting that there aren't more women in this industry, because I think it's a great industry for women!”24:02 “I never ever, ever could have imagined until I got in the business, the sheer number of people, and energy and effort and time and smarts that it takes to get these projects from a piece of dirt to a completed project.”27.05: “This isn't just  I go to work and I come home, this can be an enriching part of your life. And  it's great to make these connections for professional reasons, but I've also made great friends through some of our projects “27:49” If we have really good relationships, and we all inherently trust each other, and know that we're all here to do a good job, and help each other out to get to the goal line - then when you hit bumps in the road, you can get through those so much easier.”Connect with Tia: LinkedIn: https://www.linkedin.com/in/tiajesseerealestate/Websites:  https://www.edenmultifamily.com ; https://edenliving.netConnect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

Welcome to the She's Wild Podcast! Today's episode will introduce you to host Nancy Surak and her “why” behind creating this podcast.Nancy Surak is a successful land broker and champion of women, and has been creating her own lane in the male-dominated land brokerage industry for nearly two decades. Fueled by the desire to empower women to go after their goals, Nancy created She's WILD, the podcast for women in land and development.Join Nancy weekly for candid conversations with women leaders as they share their career stories and meaningful advice to inspire and motivate women to pursue careers in commercial real estate, land, and development. Memorable moment:1:07: “I have heard the statement, you can't be her if you can't see her. And I'm not sure that that's 100% accurate. I do think you can be her, even if you can't see her. But I also believe that if you can see her, more of us can be her. And that's what this is all about.” Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comShe's WILD Sound Production by:Luke Surak, Surak Productions: surakproductions@gmail.com

In this Action Items episode, Nick Earls and Eric DiNicola are back to go over their practical tips when jumping into real estate, particularly in condominium investing. They share the significicance of delegation and finding the right people by factoring in experience and word-of-mouth. Join us and listen in! Nick Earls and Eric DiNicola are real estate investors focusing on multifamily. They purchase/syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market. They also develop affordable housing and have experience with land entitlement. Nick is the co-founder and managing principal of Winterspring Capital (winterspringcapital.com) and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and is also the author of the top-rated book “Making Millions through Multi-Family Development.” Eric DiNicola, co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business. Heading up our acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full. [00:01 – 07:30] Knowing How to Delegate Considering the way to scalability - do not do everything Steps to finding general partners and vetting contractors The value of experience and word-of-mouth [07:31 – 15:00] Factors for Choosing Partners and Markets Avoiding partners who may go rogue Focusing on the ideal target market for cost efficiency Marketing the condo units before finishing construction [15:01 – 17:44] Closing Segment License is not needed to start the venture Connect with Nick and Eric! Tweetable Quotes: “What I recommend to most people is to work with a GC, don't try to do it by yourself. I know that you can add value through sweat equity, but it's not scalable, it's not sustainable.” - Nick Earls “You should start and try to sell your units. If you're doing condo units like ours, start marketing them and and hoping to get them under contract well before you're finished. Especially if you're in a really desirable area, you'll have demand” - Eric DiNicola  ---------------- Socials and Links Connect with Nick Earls and Eric DiNicola at https://www.instagram.com/winterspringcapital/ (IG) and https://www.facebook.com/winterspringcapital (FB) Check out Winterspring Capital on https://www.linkedin.com/company/winterspring-capital/ (Linkedin) and get the free book https://winterspringcapital.com/development-book/ (here). Be sure to check out https://www.passiveinvesting.com/strategy/ (PassiveInvesting.com) to learn how to build wealth through real estate! LEAVE A RATING AND REVIEW + help someone learn how to start their investing career by sharing this episode or click https://www.inrhythmmultifamily.com/podcast-1 (here) to listen to our previous episodes. Get IN RHYTHM and follow The Multifamily Artists Podcast on https://podcasts.apple.com/us/podcast/the-multifamily-artists-podcast/id1550233740 (Apple Podcasts), https://www.audible.com/pd/The-Multifamily-Artists-Podcast-Podcast/B08K56K6JB (Audible), and https://the-multifamily-artists.captivate.fm/ (Captivate) Visit our https://www.inrhythmmultifamily.com/ (website) to learn more about me and IN RHYTHM Follow me on...

In this Story episode, Nick Earls and Eric DiNicola share their journey of getting into real estate as rebellious kids. They discuss the real estate landscape in the Boston area and how investing in condominiums becomes an ideal strategy in the emerging market. Listen closely as they break down the steps they had to take in navigating the political environment. Join us and listen in! Nick Earls and Eric DiNicola are real estate investors focusing on multifamily. They purchase/syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market. They also develop affordable housing and have experience with land entitlement. Nick is the co-founder and managing principal of Winterspring Capital (winterspringcapital.com) and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and is also the author of the top-rated book “Making Millions through Multi-Family Development.” Eric DiNicola, co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business. Heading up our acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full. [00:01 – 08:24] Strategizing to Break Free from the Cycle Being rebellious and striving for independence as kids Discovering opportunities in condominium development Tips to identifying an emerging market [08:25 – 17:29] Crafting the Gameplan in a Continuously Thriving Market Gameplan for the Boston market and scaling up Obstacles faced navigating the political environment Understanding the niche and diversifying your portfolio [17:30 – 35:56] Scaling Through Residential Real Estate The opportunity of turning commercial real estate into residential Determining the underwriting process and hedging against risk Exit strategy for condominium investing [35:57 – 37:23] Closing Segment Connect with Nick and Eric! Tweetable Quotes: “This [real estate investing] is the way we could kind of break free from the cycle and start our own thing” - Nick Earls “It's [investing in condominium] more about a credibility of the construction process, because obviously, it's a little more complicated than a normal deal.” - Nick Earls  ---------------- Socials and Links Connect with Nick Earls and Eric DiNicola at https://www.instagram.com/winterspringcapital/ (IG) and https://www.facebook.com/winterspringcapital (FB) Check out Winterspring Capital on https://www.linkedin.com/company/winterspring-capital/ (Linkedin) Be sure to check out https://www.passiveinvesting.com/strategy/ (PassiveInvesting.com) to learn how to build wealth through real estate! LEAVE A RATING AND REVIEW + help someone learn how to start their investing career by sharing this episode or click https://www.inrhythmmultifamily.com/podcast-1 (here) to listen to our previous episodes. Get IN RHYTHM and follow The Multifamily Artists Podcast on https://podcasts.apple.com/us/podcast/the-multifamily-artists-podcast/id1550233740 (Apple Podcasts), https://www.audible.com/pd/The-Multifamily-Artists-Podcast-Podcast/B08K56K6JB (Audible), and https://the-multifamily-artists.captivate.fm/ (Captivate) Visit our https://www.inrhythmmultifamily.com/ (website) to learn more...

Eric/Nick's Background:Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on underwriting and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.”Eric DiNicola, co-founder and managing principal, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification.  He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising.  Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of our real estate business.   Heading up our acquisitions team, Eric leans on his extensive broker network to keep our deal pipeline full.In this episode we cover:04:43 Opportunistic Investing08:29 Understanding Submarkets within a MSA12:26 Getting buy in from the city and locals18:26 Buy and hold structuring22:11 Lump sum preferred return33:02 Patience involved in investing in Boston36:00 5 Key Questions46:59 OutroConnect with Eric/Nick:WebsiteInstagramLinkedIn (Eric)LinkedIn (Nick)Connect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort

Systemization, clear goals, open-mindedness, and a strong partnership are the success ingredients that our guests, Nick Earls and Eric DiNicola, have methodically put together throughout the years.  Follow their story in this episode to help you in your journey of getting your foot in the door and discovering potential solutions in the low-income housing space.  Find out more and tune in.WHAT YOU'LL LEARN FROM THIS EPISODE Large-scaled conversions of existing buildings for condo livingAffordable housing solutions and how to implement themWhat does the RFP (Request for Proposal) process look like and what are the next steps once won?What is Winterspring Capital's vision for the next 3 to 5 years?Principles that govern affordable housing solutions for rental-type unitsRESOURCES/LINKS MENTIONEDLow-Income Housing Tax Credit (LIHTC): https://en.wikipedia.org/wiki/Low-Income_Housing_Tax_CreditBuild-To-Rent: https://en.wikipedia.org/wiki/Build_to_rentVivid Vision by Cameron Herold: Audiobook: https://amzn.to/3Hkxstz & Paperback: https://amzn.to/3Igx0OBMillions Through Multifamily Development: https://winterspringcapital.com/development-book/Tony Robbins: https://www.tonyrobbins.com/ABOUT NICK EARLS & ERIC DINICOLANick and Eric are full-time real estate investors, developers, and founders of Winterspring Capital, a private equity firm based out of Boston, MA. Since starting their company, Nick and Eric have owned or developed over $56 million of multifamily assets, with an additional $40 million of currently ongoing developments in the pipeline. Nick and Eric focus on several different types of multifamily investments. From value-add 100+ unit complexes in the Southeast that they syndicate alongside their investor base, to affordable housing development, to luxury multifamily condominium developments. In addition, Nick is also the author of Millions through Multifamily Development, which explains in-depth the multifamily condominium strategy he uses on his projects, as well as Passive Income through Real Estate for Small Business Owners, which teaches busy entrepreneurs how they can supplement their income with passive real estate investments.CONNECT WITH NICK & ERICWebsite: https://winterspringcapital.com/Instagram: https://www.instagram.com/winterspringcapital/LinkedIn: https://www.linkedin.com/in/nicholas-earls/ l https://www.linkedin.com/in/eric-dinicola-2408897a/CONNECT WITH USGreen Light Equity Group - http://www.investwithgreenlight.com/For a list of Virtual Meetups - Email:tate@glequitygroup.comSpecial Announcement! Tate's brand new audiobook "F.I.R.E.-Financial Independence Retire Early Through Apartment Investing" is downloadable! Go to: Green Light Equity Group: http://www.investwithgreenlight.com/

Today our guest is Chad King. Chad's passion is building generational wealth by investing in multifamily apartments. He owns 494 doors. He has a unique ability in Sales and Negotiations, dealing directly with sellers in large Real Estate investment transactions. Chad believes that it takes seven to twelve touches before you get a response from the owners. Thus, you've got to have a lot of consistency and persistence. Listen now and find out how he scaled and developed his multifamily investment.

Join Vince Gethings, as he chats with Nick Earls and Eric DiNicola, good friends for almost 20 years that has always shared the same goal of buying a rental property for passive income but has learned how to scale up their goals and the product is the idea of condo development in Boston. Venturing into the condo development business, Nick and Earl's projects are ground-up construction of condos instead of conversions. This growth and change in mindset allowed them to be open to the business and in turn make more money with the projects that they undertake. Other than condo developments, the pair will also share the details of other facets of the business that they do in this episode so be sure to stay tuned! About Nick Earls and Eric DiNicola:  Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on underwriting and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.”  Eric DiNicola, co-founder and managing principal, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of their real estate business. Heading up their acquisitions team, Eric leans on his extensive broker network to keep their deal pipeline full.  Winterspring Capital is a real estate investment firm that focuses on multifamily and mixed-use development within the greater Boston area. They form real estate syndications for every new investment, which allows accredited individuals to invest with us completely passively.  Their team sources new opportunities, underwrite deals, negotiates purchases, and implements the business plan for each property we purchase. Their investors get to share in all of the benefits of owning real estate without having to do any of the work themselves. We also offer the opportunity for qualified individuals to invest through their self-directed IRA.   Outline of the episode: ●    [01:01] About Nick and Eric's shared goal and how they reached it ●    [04:50] The structure they follow in making deals and details on seeing it through ●    [13:13] Moving forward from one project to another, baptism by fire ●    [19:29] Office conversion side of the business ●    [25:06] How they utilize tax credits ●    [29:34] Nick and Eric's take on a diverse portfolio ●    [36:18] Book recommendations for the viewers ●    [40:43] Nick and Eric's remarkable traits and talents ●    [48:11] Advice to professionals working towards financial freedom   Connect with Nick Earls and Eric DiNicola: WebsiteEric's LinkedInNick's LinkedIn   Connect with Cashflow Project! WebsiteLinkedInYoutubeFacebookInstagram

You've waited a long time for your new construction multifamily investment to finish. Your certificates of occupancy have finally arrived. Now it's time to fill each unit with tenants and get your property cash flowing. What's the best way to go about it? In this episode, the B2R hosts discuss lease-up, property management, incentives, rental income, and more as they reflect on current and past projects.   Subscribe to our show on YouTube: https://www.youtube.com/channel/UCN1n353tbqMuK7HKi6GmQlg?sub_confirmation=1   Website: https://www.b2rshow.com/ LEAVE A 5-STAR REVIEW! ⭐⭐⭐⭐⭐ #BuildtoRent #B2RShow #LeaseUp #Tenants #PropertyManagement

We are real estate investors focusing on multifamily. We purchase/syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market. We also develop affordable housing and have experience with land entitlement. Nick Earls: Nick is the co-founder and managing principal of Winterspring Capital (winterspringcapital.com) and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.” Eric DiNicola: Eric DiNicola, co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business. Heading up our acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full. What You Will Learn: Who is Nick Earls? Nick shares how they convert a commercial space to a residential space. What is Affordable Housing? The trick of a successful investor is to be strategic.  In any market there is always an opportunity to invest.  How they balance a long term value like multifamily. What are the three ways they use to diversify and protect themselves? Nick shares his knowledge about flipping.  Nick introduces his book. What is the Luxury Market? What is their advice or recommendation on scaling a business? Nick shares how he can be contacted. Additional Resources from Dave Schmidt III: Website: https://winterspringcapital.com/ Phone: +1 617-531-8165 Email: info@winterspringcapital.com LinkedIn: https://www.linkedin.com/in/nicholas-earls/, https://www.linkedin.com/company/winterspring-capital/ Facebook: https://www.facebook.com/winterspringcapital/ Instagram: https://www.instagram.com/winterspringcapital/

Have you ever gone in a room and thought that people who get PAID the MOST aren't sitting in the room you're in? Whether it's a college classroom or the office floor where you're toiling for a 9 to 5, chances are, “The Big Boys” don't stay there. It's never a mistake to follow your passions but what if that passion involved getting paid BIG? Would you reconsider where you're at and where you ought to be? People like Nick Earls and Eric DiNicola have always known they weren't meant to work for anybody, doing the same things over and over, trapped in a 9 to 5. But it wasn't until 2015 when they realized what they had to do. Nick has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. He is the author of “Making Millions through Multi-Family Development”, a book that highlights his expertise on multifamily condominium development, underwriting, and asset management in the multifamily space. Eric has a strong financial background spanning over a decade. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business. Together, they are Co-Founders and Managing Principals of Winterspring Capitals. They purchase/syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market. They also develop affordable housing and have experience with land entitlement. In realizing their dreams through real estate investing, Nick and Eric have decided to share their knowledge so that others who wish to walk their path can share in their success. What are some challenges in multifamily investing? What are the costs? How do you find the best deals and how do you make these come to you? What are Nick and Eric bringing to the table, making their offers irresistible to investors? Tune in to learn more about the hottest and most relevant information on Real Estate Investing!Thank you all for listening and I will see you on the next episode. When you are ready head on over to https://billyalvaro.com or go grab your tools to help you at https://billyssecrets.com

Eric DiNicola, is a co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification.  He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising.  Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of our real estate business.   Heading up our acquisitions team, Eric leans on his extensive broker network to keep our deal pipeline full.Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on underwriting and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.”In this episode, Nick and Eric will discuss about their background and how they convert residential home by adding another unit and converting it to condo. They also share about their development business and how it is different from syndication value add. CONNECT WITH ERIC DINICOLA & NICK EARLS ERIC DINICOLA  Email:eric@winterspringcapital.comNICK EARLS  Email: nickearls@winterspringcapital.comWINTERSPRING CAPITAL Website: https://winterspringcapital.com/CONNECT WITH JONATHANTo connect with Jonathan, you can send email or schedule a time to chat.To learn more about real estate investment opportunities, join the Greystone Capital Investor Network. Thanks for listening and until next time, keep building wealth in Commercial Real Estate!    

In this episode of Real Estate for Breakfast, host Phil Coover and co-host Jay Augustyn are joined by Nick Earls and Eric DiNicola, co-founders of Winterspring Capital. Phil and Jay sit down with Nick and Eric to discuss the pair's 20-year friendship and how they successfully developed a business and brand from their first real estate project, which included the renovation and sale of three condominium units in Boston. The Winterspring story is interesting in seeing how two friends can create a real estate development company, without deep pocket backers, by taking one step at a time, by building skills, by stepping out of their comfort zone and focusing on marketing, and by measuring each decision and learning lessons as they build for the future. Specifically, the group examines the pros and cons of funding projects with equity investments in lieu of debt; the company's marketing strategy and plans for future growth including writing books and articles for public consumption; the concept of the “karma economy”; and Winterspring's foray into Boston's affordable housing market. As co-founder and managing principal of Winterspring Capital, Nick Earls has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and is also the author of the top-rated book, “Making Millions through Multi-Family Development.” Eric DiNicola is also a co-founder and managing principal of Winterspring Capital. His strong financial background spans over a decade. Eric began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, Eric leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business. Heading up the company's acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full. For more information, visit: https://winterspringcapital.com/

  Welcome to episode 24 of The Multifamily Millionaire: Real Income From Real Estate with Jason Lee. This week Jason welcomes Nick Earls and Eric DiNicola and they talk about their extensive real estate investment and development experience that involves working together in three separate companies and entails years of success.   Nick and Eric are both the co-founder and managing parters at PWN Development, Winter Spring Capital and Ascalon Industries. They have been good friends for almost all of their adult life. Nick, while building his own portfolio, has guided many investors down the path of multifamily investment, management, or development. He is an expert on underwriting and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.” Eric began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of our real estate business. He heads up the acquisitions team and leans on his extensive broker network to keep their deal pipeline full.   To download your free Real Estate Deal Analyzer just head to https://jlmrealestateinc.com/free-product/. With this guide, you'll be able to easily understand your real estate deals.    Here is what to expect on this week's show: A look into Nick and Eric's background and the tyPes of real estate investments and developments they are involved with at the moment. The impetuses that led both Nick and Eric to pursue a career in real estate. How have Nick and Eric worked around creating a business and working together while also being life long friends. What should someone do if they are looking to become a developer and they haven't yet had their first development yet. The length of the typical project Nick and Eric work with, and how that interacts with the entitlement process (especially so in the Boston area). The similarities and differences between the red-tape inherent in doing real estate and development in Boston and San Diego. A look at some of the developments that Nick and Eric have done in Boston and the interesting work they've done to work with historical buildings. The manner is which Nick and Eric find the unique and profitable opportunities that they do. The reason why you need to have strong protections written into your contract and how to actually go about doing that.       Links: https://www.pwndevelopment.com https://winterspringcapital.com https://www.ascalonindustries.com   Connect with Nick & Eric: Instagram: https://www.instagram.com/pwndevelopment LinkedIn: https://www.linkedin.com/in/eric-dinicola-2408897a/ LinkedIn: https://www.linkedin.com/in/nicholas-earls/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Nick Earls and Eric DiNicola are real estate investors focusing on multifamily.  They purchase/syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market.  They also develop affordable housing and have experience with land entitlement. They join us on this week's episode of Side Hustle City to discuss how real estate has transformed their lives. If you've ever wondered how to become a real estate developer or invest in profitable projects then this is the episode for you.Nick Earls: Nick is the co-founder and managing principal of Winterspring Capital  and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and is also the author of the top-rated book “Making Millions through Multi-Family Development.”Eric DiNicola:  Eric DiNicola, co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification.  He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising.  Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business.   Heading up our acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full.Support the show (https://paypal.me/sidehustlecity)

Guest: Michael OliverPurpose Companies, LLCCEO + Visionarym. 614.365.0612 |  o. 614.732.0997www.PurposeCompanies.comEdit: Michael Oliver is developing a 153 unit ground up development, not 123 units as I mistakenly mentioned in the intro.*** The Jon Gil Show ***Instagram: https://www.instagram.com/thejongilshow/Facebook: https://www.facebook.com/jongilshow*** AUM Capital ***Instagram: https://www.instagram.com/aumcapitalllc/Facebook: https://www.facebook.com/aumcapitalllc/***Co-Producer***Jade EspinaInstagram: https://www.instagram.com/filichild/Email: rjespina96@gmail.com***Content Creator***Instagram: https://www.instagram.com/loc.visuals/Portfolio: https://www.locvisuals.com/***DISCOUNTED REAL ESTATE EXPRESS COURSE BELOW (20% DISCOUNT): https://trk.realestateexpress.com/?a=15272&c=158&p=r&s1=

Reeves Craig is the Vice President of Multi-Family Development for Weston Urban.  Weston Urban began in 2012 as an effort to attract and retain San Antonio's new generation of talent by reviving the city's center. With primary services in development, leasing, and lending, Weston Urban has helped to create and define the San Antonio skyline through both thoughtful historic redevelopment and strategic ground-up construction. 

GUEST SUMMARY Putting their white coats on this week are full-time real estate investors and developers, and founders of Winterspring Capital — Nick Earls and Eric DiNicola. They have been friends for almost two decades and their unique relationship have allowed them to both tack on a very niched multi-family condo opportunity while complimenting each other's strengths and weaknesses and while having the same core values growing up and now growing their businesses together. Having a construction background, Nick confidently dove into Real Estate and ventured into the strong condominium market in Boston after college. Over a decade, he experienced all phases of commercial real estate, including asset management, sales, new construction development, and property management. Being an expert in underwriting and asset management in the multifamily space, he authored the top-rated book “Making Millions through Multi-Family Development.” On the other hand, Eric in New York dealt with public and private equity companies and stock trading. When he realized how to break free from the 9-5 office hours cycle, he moved back to Boston and joined Nick to begin their experiments. Together, their partnership developed and grew into several multifamily development strategies from value add 100+ unit complexes in the Southeast to affordable housing, to luxury multifamily condominium development. They balance long-term value-add multifamily investments with short-term profits from condominium developments. In this episode, Nick and Eric are going to walk us through their experience from condo development, dealing with the neighborhood, their pushbacks along the way, and how they've created a very niched strategy that most investors shy away from. If you're the type of person that enjoys going left when everybody is going right then you'll want to tune into the opportunity that Nick and Eric have developed. No pun intended...ok maybe just a little bit, enjoy the show! HIGHLIGHTS OF THE EPISODE: 03:24 - Background of the guests 06:46 - Complementing your business partners 11:02 - Condo Development 13:58 - Pillars of evaluating an opportunity KEEPING IT REAL: 18:20 - Are we restricted into 2 units? 19:58 - Starting a process that is specific with the other projects 23:33 - Why do we need to have a zoning attorney involved 28:46 - Making your building blend in the neighborhood 31:13 - How involved are you in the meetings 34:01 - What are the pushbacks? - Does everybody win? 38:01 - Affordable housing project 47:00 - Capital Raising 50:55 - Value Add 58:13 - Find more about the guests NOTABLE QUOTES (KEY LESSONS): 6.50 - "We complement one another but at the same time, we have a lot of shared philosophies and shared strength. One thing that is unique with our relationship and the way we work together is we do share a lot of same goals -- financial freedom for our families and always for the greater good of the company" - Eric 23.33 - "This can be a completely different process from city to city but the red tape and the barriers create the opportunity. In a lot of cities that have very high prices for condos, there's going to be a similar process and strategies that can be used in New York, in Boston, and in San Francisco, cities like this are going to be pretty similar". - Nick CONNECTING WITH THE GUEST Website: www.winterspringcapital.com Book: https://winterspringcapital.com/development-book

Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on underwriting and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.”   Eric DiNicola, co-founder and managing principal, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification.  He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising.  Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of our real estate business.   Heading up our acquisitions team, Eric leans on his extensive broker network to keep our deal pipeline full.     If you like what you hear be sure to like, share, subscribe! Podcast- Mindful Multi-Family show Instagram- Chris_Salerno_ Youtube Channel- Chris Salerno Website- www.qccapitalgroup.com

Connect with Michael here: https://www.purposecompanies.com Whenever you're ready here's how I can help you… Courses https://www.dickersoninternational.com/courses One on one Coaching https://www.dickersoninternational.com/coaching Subscribe to my YouTube channel https://www.youtube.com/user/agregdickerson/?sub_confirmation=1 Subscribe to my Podcast: https://www.dickersoninternational.com/podcast ----- Greg is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions and started 12 different companies from the ground up. Greg currently mentors some of the top entrepreneurs, real estate investors and real estate developers in the country helping them grow and scale their business, raise more capital and do bigger deals. Greg's current clients have over $2 billion in AUM and deals in the process. ------ Follow and reach out to me on: Instagram: https://www.instagram.com/thegregdickerson Facebook: https://www.facebook.com/pg/thegregdickerson Twitter: https://twitter.com/agregdickerson LinkedIn: https://www.linkedin.com/in/agregdickerson Website: https://www.dickersoninternational.com --- Support this podcast: https://anchor.fm/greg-dickerson/support

placemakingpodcast@gmail.com Facebook-f Twitter Linkedin Instagram Designing Vibrant Urban Infill Multifamily Development in the Twin Cities with Sean Sweeney – Ep. 58 About the Guest Hello and welcome to Episode #58 of the Placemaking Podcast! Can't wait to share this next conversation with all of you. Today on the show I have Sean Sweeney, co-founder of Hall Sweeney Properties, an apartment developer that focuses on urban infill development. Sean focuses his efforts currently in Minneapolis, Minnesota. Sean has an eye towards details and design in his projects and focuses on bringing great housing options for those in the Twin Cities. His projects have won several awards for design and thoughtfulness in and around the Twin-Cities area. Sean is very active on Twitter and has been seen as an authority on the subject of urban infill multifamily development. He's well worth a follow if you're interested in the topic. ​In this episode, we look at how Sean started in real estate development, his definition of Placemaking and how it can be created great design and the keys to success that he's found in urban infill multifamily development. There is tons of great information in this episode and I greatly appreciated Sean for taking the time out of his extremely busy schedule to discuss this topic of Creating Memorable Urban Infill Multifamily with me. As always, if you have enjoyed the show, please subscribe to the show and share with your friends in the industry. There will be more exciting conversations on the shows to come. Show Notes Matt (00:00:00): Hey, welcome to the show, Sean. Sean (00:00:02): Hey, thanks for having me really appreciate it. Matt (00:00:04): Yeah. Glad to have you on here. You know, I follow you on Twitter as, as many of your followers do and enjoy all the discussions that you bring up. And you've got quite the following over the last couple of years. So I'm really excited for this conversation because you're doing something that I envy and it's, something that I'm hoping to try to reproduce myself in you know, initially a smaller scale, but worked my way up. SoI can't wait to get into this conversation first off. Let's just get a little bit more about your background where you started out and basically the Genesis of Sean Sweeney. Sean (00:00:52): Oh, no problem. So my, my career started in the early two thousands. I graduated from college in 2000, had a brief, but a unsuccessful stint as an actor in Chicago for a couple of years. I always tell people, I, I have some great stories and I met some really famous, interesting people during that time, but it wasn't a good long-term plan. I didn't want to be poor when I was 50 and live on people's couches and all that. Just wait, waiting for my big break. So made a transition ended up being my girlfriend at the time. Who's now my wife had gotten into grad school in California. I actually applied to law school as a kind of, you know, typical liberal arts major didn't know what the heck I wanted to do. It was like, oh, I'll go to law school. Sean (00:01:39): That's probably a smart move. Spent a few months in Chicago, working at a law firm, and quickly realized that would probably not be a good fit for me. But my girlfriend had already planned to move and I wanted to come along. So I went for the ride. We ended up in the San Francisco bay area and I just, I took some time I was working a sales job, but I, that was just kind of a placeholder while I tried to figure out, excuse me, what, you know, what I really want to do. And I have an uncle who I talked to a bunch of different people in a bunch of different industries. Cause I didn't, I didn't grow up in a business house. So they, and grow up with, you know, that kind of talk around the dinner table. But what I, what I learned quickly was, you know, business is a, is a pretty great way to make a living. Sean (00:02:23): You know, you can do all kinds of really interesting things at the ...

Nick Earls and Eric DiNicola are high school friends who partnered later in life to live out a childhood dream. Nick is the author of the book “Making Millions through Multi-Family Development.” Eric, with a decade of experience in the financial industry, joined forces with Nick in 2015 to create Winterspring Capital, a real estate development firm. Here's some of the topics we covered: Multiple exit strategies for this economy Government RFPs Office conversions to multifamily Development fees Path to progress Gateway cities The value of vision Dealing with the community To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com  Please Review and Subscribe

Today, we are joined by Nick Earls and Eric DiNicola to talk about everything from the ground up to the development process of multifamily properties. That includes getting the land, permitting, zoning, construction, and getting a sale of the finished products. They are also going to share various ways of structuring a dynamic partnership to create large multifamily syndication in the Boston market.   WHAT YOU'LL LEARN FROM THIS EPISODE  How to start in real estate development Selecting and managing the right sub crew and employees What should you know about cap rates?  2 things to remember when starting a residential project House hacking: A start to get into REI    RESOURCE/LINK MENTIONED Download a free investor book  at: https://winterspringcapital.com/development-book   ABOUT NICK EARLS AND ERIC DINICOLA Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on underwriting and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.” Eric DiNicola, co-founder and managing principal, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification.  He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising.  Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of our real estate business.   Heading up our acquisitions team, Eric leans on his extensive broker network to keep our deal pipeline full.   CONNECT WITH  NICK AND ERIC Website: Winterspring Capital LinkedIn: Nick Earls and Earl DiNicola  IG: @wintersrpingcapital Emails: nickearls@winterspribgcapital.com and eric@winterspringcapital.com    CONNECT WITH US Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow FaceBook: Shawn Winslow  

A 20 year friendship turned into a business partnership when Nick Earls and Eric DiNicola started building condos. They found an opportunity and converted office buildings into apartments. Nick and Eric are giving us the inside scoop on the top 3 qualities to look for in an office building, pros and cons of construction on existing buildings vs. new builds, and the one thing to look for in your location.    Nick Earls and Eric DiNicola Real Estate Background: Full time real estate developers and investors Focused on multifamily as well as condominiums Developed over $56 million of real estate with an additional $40 million in upcoming projects, most of which are luxury condominiums Based in Boston, MA Say hi to him at: winterspringcapital.com     Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Deal Maker Mentoring

The title of this episode says it all. Episode 8 of Omaha REIA Radio is proud to feature Satyam Mistry as he speaks about his experience in Real Estate where he had to quickly learn about hotel management after being tasked with running a hotel investment. This ultimately brought him to Omaha where he dabbled in the investment space at first purchasing 4 rental properties but quickly realized that he wanted more. After selling the hotel in 2019, he quickly scaled his investment company from 4 to 13 doors in his first year doing it full time... Mind you, he self manages all his properties all while running a very successful e-commerce website. Recently he's decided to expand his horizon to the multifamily space in his continued pursuit of growth and development (pun intended). We won't give away anymore about the interview but know that Satyam has given more golden nuggets in this episode than Owen or Ted could fit in their pockets. Here's Satyam, the real international man of Mistry in Episode 8!You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Ted Kaasch on Facebook https://www.facebook.com/kaasch Instagram https://www.instagram.com/kaaschmoney/ Also find Ted at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Satyam Mistry on FB https://www.facebook.com/profile.php?id=100010377679702 Satyam's Real Estate Website https://silkproperties.co/ Satyam's E-commerce Website https://beyondhype.com/ Satyam's Blog https://satyamrealestate.com/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Darin Davis is Principal and Co-Founder of Presario Ventures.  He has over 18 years of real estate experience involving acquisition, development, management, and dispositions. In 2002, he founded his first with an initial emphasis on land entitlement, multi-tenant and Class B commercial retail centers. In 2009, Darin co-developed his first multifamily project in Austin, TX. Since then he and his business partners have focused their efforts on the multifamily sector primarily in the Texas marketplace. As a Sponsor and General Partner, he has directly participated in securing over $500,000,000 in debt and equity for acquisition and ground up construction. Darin is experienced in Public-Private Partnerships and HUD-insured loan products. He is an honored alumnus from the University of Oklahoma, and he and his family currently reside in the great state of Texas.   [00:01 - 04:54] Opening Segment Get to know Darin Davis Darin shares about his life and starting Presario Ventures   [04:55 - 10:29] Invest in Multifamily Development Why should you invest in multifamily development? “We were losing!”  The Good Side of Investing in Multifamily Development    [10:30 - 31:18]  Multifamily Development vs Acquisition Resources, Development, Market Downturn, and Costs Inflation is the big buzzword now! Darin talks about sensitivity underwriting When does debt become your friend? “That's not us!”: A Unique Way of Finding Assets and Catering to their Specific Markets What is Build To Rent? BTR Costs versus Apartment Costs Here's What You Should Do when Evaluating Your Deals “It's based on them first.” Darin endorses Tom Burn's book, Why Doctors Don't Get Rich How Darin and Tom started their partnership with one another Levelling up Your IRR in Six Weeks Why Focus on Either Multiple or Cash on Cash   [31:19 - 41:25] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?Their team Darin's worst investmentNot listening to the people closest to him What is the most important lesson that you've learned in business and investing?Building a relationship  Connect with my guest. See the links below.   Tweetable Quotes: “We have so much more control.” - Darin Davis “We put a lot of space between the good and the probable.” - Darin Davis “Be actionable.” - Darin Davis “At some point, it's okay to say ‘no'.” - Darin Davis ------------ Connect with Darin Davis through info@presarioventures.com and LinkedIn.  Visit their website https://presarioventures.com/. Grab a copy of

Should You Let Your Tenants Have Pets? What Amenities to Avoid Best Amenities for Build-to-Rent  Building a Park in a Multifamily Development Parking & Garbage Walking Trails & Grass Areas Installing Gates Amenities Your Tenants Actually Want

Ryan AndrewsDeveloping Tiny Homes, Building to Net Zero, and Capitalizing Your DreamRyan Andrews is a land developer and builder who specializes in small, modern, highly efficient homes, and communities.  He has extensive experience in the structuring and capitalization of development projects, with vast expertise in capital markets for construction and development.  Main Points:•          In 2017 Hiatus Homes pioneered the Hiatus Benham a 22-unit tiny-home development in Bend Oregon utilizing brand-new building code allowing small Single-Family Residential units•          In 2019, Hiatus Homes started Hiatus Roanoke, a 10-home development of small energy efficient (net zero) homes. They are 910 SF with 2-bed & 2-bath. The first 5 homes have sold and the construction on the second 5 will start this month.•          In 2020 the Hiatus Capital Fund was launched to provide an innovative way for investor to participate across multiple Hiatus Homes projects and benefit as the company grows.•          Two new projects are going through entitlement in the fund: Hiatus Penn and Hiatus Roosevelt.•          Hiatus Penn is a 40-unit micro apartment building in Bend's Central Business District. This project utilizes brand new building code providing higher density studio apartments with shared kitchens and common spaces. The goal being to solve some of the demand for housing.•          Hiatus Roosevelt is a 12-unit project in Bend's iconic Old Mill District where 7-lots will have a combination of the “Bower”, the 2-bedroom model and the Loft (the original 600SF model).Connect with Ryan:·        www.hiatushomes.com·        949-637-0355·        www.aerialinvestmentmanagement.comwww.fnx.co.il/alternativeinvestments/kyc 

One thing that we don't hear as adults is that “your dreams should be real.” Jerome Myers, Founder of The Myers Development Group, discusses how running a successful multifamily company and the journey toward personal development are actually quite synonymous. In fact, that realization is at the foundation of how Jerome is growing his business. Check out this episode to learn more. To get connected to Jerome, use the links below.You can find and follow Jerome here:Jerome MyersLinkedInMyers Development Group, LLCMyers Methods‍Jerome is inviting you to attend the Mid-Atlantic Multifamily Investing Conference. Learn From 20+ Speakers. Link Below.

In today's episode, we got two incredible speakers sharing with us, Nick Earls and Eric DiNicola. Nick and Eric are real estate investors focusing on multifamily. They purchase and syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market.  They also develop affordable housing and have experience with land entitlement. Nick is the co-founder and managing principal of Winterspring Capital. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and is the author of the top-rated book “Making Millions through Multi-Family Development.” Eric is the co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Heading up their acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full. Let's listen to Nick and Eric to learn more about their incredible stories. [00:01 – 07:27] Opening Segment Let's get to know  Nick Earls and Eric DiNicola. Nick and Eric share their background and how they got to where they are today. [07:28 – 17:08]The Affordability Question How they start their business ‘Winter-Spring Capital' together. Nick and Eric talk about their first condo development. Involvement of investors. Expansion and investment out of the state. The positive and negative side of being an investor in Boston. The politics and bureaucracy aspect. The effect of the Covid19 pandemic on the market and their business. Why multifamily and what to consider? Diversifying risk. The affordability question. Subsidize affordable housing development. [17:09 – 23:30] Structuring A Dynamic Partnership  The market focus. Broker relations. Certain unit counts  The teamwork in underwriting. How to structure a partnership. Nick and Eric talk about their roles in the business. The dynamic of their teamwork. [23:31 – 28:09] Capital Raising The start of their capital-raising process. Building a good platform and networking The confidence in raising capital. The benefits of working with a team. The main matrix in returns The direction of Winter Spring Capital   [28:10 – 30:55] Closing Segment If your great-great grandkids are to write a book about you, how would you like it to be titled?  Nick: The renaissance man. Eric: The generous giants Connect with Nick and Eric  See the links below.  Final words from me. Tweetable Quotes: “The affordability question is one of the biggest elephants in the room in the real estate industry .” - Nick Earls.  “Multifamily provides much more stable and less risky cash flow for us and our investors..” - Eric DiNicola. “We do not want to do all this so we could just sit on this money, but we want to make a difference and ultimate security ” - Eric DiNicola.   Find out more and connect with Nick and Eric via email at nick@winterspringcapital.com and eric@winterspringcapital.com, Instagram, and Facebook. You can also visit their websites at  https://winterspringcapital.com/.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. I believe that you only need a small axe to build a lasting empire. Let's start building yours! To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.

Having successfully developed and raised capital in the Boston area for over a dozen condominium projects, Nick and Eric have now ventured into multifamily syndication in the Southeast and Midwest markets.In today's talk we compared and contrasted development against the buy and hold strategy. Both have their advantages, but opportunity may be market based. For instance, buy and hold has been a goal for quite some time, however their local market rewarded condo development over market rent builds. Now Eric and Nick are looking to leverage their knowledge and network into markets more suited long term holds, leaning towards an emphasis on affordable housing.Some great insights into partnerships and growing a business are also shared. Nicholas is a history buff, and his analogy about Japan's growth over the 20th century can be a template for both personal and business growth. Be sure to check out Winterspring online for some great free resources and to keep up with ongoing and future projects.One great takeaway – Look to the top producers, in any area, and emulate and adapt what they are doing to fit with your business goals.Reach Greg at -Greg@realwealth.solutions or schedule a call - https://calendly.comReach Darren at -Darren@realwealth.solutions or schedule a call - https://calendly.comSign up for The Real Wealth Solutions newsletter HERE. Or reach us on any of the following links:Real Wealth Solutions - Facebook - LinkedIn  -YouTube About Nick and Eric – Nick Earls: Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development”.  Eric DiNicola:  Erick, DiNicola, co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with nice in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring's real estate business. Heading up our acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full.Thanks for listening and, as always, an honest review or follow is greatly appreciated. 

An overview on multifamily data and discussion with Lyndsay Hanes, CAM, CAPS, CPMPresident of Property Management - Metric Property Management

Nick is the founder and CEO of Mentis Capital Partners and has been involved in multiple commercial and residential projects valued at more than $50M in the greater Salisbury, Maryland market, including ground-up construction. He currently leads a team of talented real estate professionals who specialize in student housing, multifamily, and opportunity zone investments. Nick has also earned a Bachelor's Degree focused in Business Management from Salisbury University - Perdue School of Business. Get in touch with Nick: www.linkedin.com/in/nick-simpson-b87791ab     If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara 

Episode: How to Become a Real Estate Developer with Adam Gilbert Guest: Adam Gilbert is the President of The Firm Commercial where he leads a team of agents specializing in commercial real estate sales, leasing, land acquisition, development, government relations, and value added entitlement development deals. Big Idea: Any Real Estate Agent, Developer, or Investor Generates Consistent Income by Positioning themselves to Receive a Continuous Flow of Deals Crossing their Path. Adam has a unique way of doing this in the realm of commercial real estate, as discussed during this episode. This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/ Resources Mentioned in this Episode: https://www.TheFirmCommercial.com For Access to Real Estate Deals You Can Buy & Sell for Profit: https://AccessOffMarketDeals.com/podcast/ View the Episode Description & Transcript Here: https://reidiamonds.com/how-to-become-a-real-estate-developer-with-adam-gilbert/ Dan Breslin: Some of my best partners have come through listening this podcast. Maybe you’re the next. Today’s guest is Adam Gilbert, the president of The Firm Commercial, where he leads a team of agents specializing in commercial real estate sales, leasing, land acquisition, development, government relations, and value-added land entitlement development deals. Any real estate agent developer or investor will generate a consistent income through positioning themselves to receive a continuous flow of deals that are coming across their desk. Adam has a unique way of doing this in the realm of commercial real estate as discussed during this episode. And we also dive deep on how to become a real estate developer covering details of a few recent development deals and we also touch on the Palm Springs, California Real Estate market. So, I was doing some research for our show here and I found that you’ve recently exited your vacation rental business. So, I’d like to begin right at that point if we could, and maybe you could touch on how you built the business, how it operated at scale, and then what was the ultimate reasoning that led you to selling and exiting. Adam: Sure. So, quick background, I’m born and raised here in Palm Springs, and I left for school. I came back in about 2011, which was an interesting time in the market for a variety of reasons. But that summer, I had stayed in this new thing called an Airbnb in 2011, Washington, DC. We had spent the summer in New York and my wife was like, “We’re going to spend the night in someone’s room at their house? This is crazy.” I’m like, “We did it. This is the future, honey. This is going to be amazing.” And so, when I moved back to Palm Springs, there we have like a long history of vacation, rental properties for 50-60 years, but not on the platform of Airbnb. So, I was one of the ones who got just a couple of condos on the platform and they just started crushing. Absolutely amazing because this whole new marketplace of people were looking for properties on Airbnb. So, it kind of just grew organically. I was like, “Okay. Well, I’ve got a housekeeping service, I’ve got a handyman, I know how to do these reservations, and we just built this business.” By the time 2018 came around, I had 35 full-time properties. We had like, 50 around the time Coachella came. It was a great business. It’s a very labor-intensive business and it takes a lot of time, and it’s holidays and all that kind of stuff. So, at that point in my real estate investing career, it was just a little bit too much. And so, I made a deal with TurnKey, who’s a venture-backed vacation rental company out of Austin, Texas and they were acquiring small companies like mine at the time. I made an exit and focus my attention on other ventures. Dan: Okay, so was it more of a freedom thing? Or was there some timing and pricing that also made it worthwhile? Adam: There were a few factors in there. Just the perils of running a business, partners, all that kind of stuff. I think it was more timing. I had to decide. It was that point when I had 35 properties, I would have needed to invest in the business, in terms of employees. I did some calculations, I wasn’t going to make any money again until I got 75 properties, and I’m like, “Okay. Is this what I want to spend my time doing?” So, it’s kind of an 80/20 principle thing of “Where am I going to focus my time to have the best ROI?” Dan: Got you. So, what’s been the focus of your career? Since 2018, you exited, you jettisoned the responsibilities, which was kind of what I was expecting an answer there. So, what’s been the focus since then? Adam: Yeah. So, mostly since then, it’s been building of my real estate brokerage, both commercial and residential, here. It’s mostly commercial, but on the residential side, I do specialize in short-term vacation rentals, which the Palm Springs Market is well known for and has been absolutely blasting since COVID. Palm Springs has been a great market since that’s happened and then, I’m also working on my own deals and I have a little niche in value-add entitlement deals and zone changes. And so, I spent a lot of my time kind of doing that and entitlement work. Adam & I Discuss How to Become a Real Estate Developer • Government Relations During Land Development • Identifying Value in Underzoned Property • Palm Springs California Real Estate Market • The Group Any Commercial Real Estate Broker is Wise to Join Relevant Episodes: (There are 191 Content Packed Interviews in Total) • Land Entitlement Process for Multi Family Development with Reed Goossens https://bit.ly/3wKf7l7 • Million Dollar Wholesaling & Multi-Family Apartments with Aaron Fragnito https://bit.ly/3uu0rFd • Marketing, Meetups & $100 Million in Apartment Syndications with Adam Adams https://bit.ly/2TqguqE • Negotiating No Money Down Commercial Real Estate Deals with Peter Conti https://bit.ly/3usoggx • 100+ Unit Apartment Syndication with Stephanie Walter https://bit.ly/3vwHfaZ

On today's episode we have Jason Kennon from Case & Associates, w/ over $2B+ in CRE assets, reviewing how COVID-19 affected the Retail, Industrial, and office segments of their commercial real estate portfolio. We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity along with Jason Kennon reviewing how each asset class preformed in 2020. Topics discussed: Managing Properties During Covid - Trying to gauge tenants comfort levels and fears. Local Bank Debt - Find a local bank lender who is willing to work with you. Full-Recourse bank debt can sometimes be scary, but they are typically willing to roll up their sleeves and work with you, compared to Non-recourse lenders that typically don't care. How restaurants became more efficient in order to stay in business during COVID-19. Moving to online ordering was a necessity to stay in business. Acquisition Mode - We are all ready to get out and start buying again. Will this economic dip be the time where you double down and expand? How are you underwriting to purchase properties? CASH-ON-CASH! Multi-Family Development vs. other asset classes. Links mentioned in this episode: https://www.CaseUSA.com Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us

Welcome to a somewhat irregular installment of Charlottesville Community Engagement that brings you a condensed version of a Planning Commission meeting where the full weight of a neighborhood was brought out to oppose a multifamily development next door. I’m your host Sean Tubbs, and the intent of this episode is to document what happened. We’ll be back to the regular format next time, but when I first started doing podcasts in 2005, I wanted to capture conversations in the public realm. This one seemed important to spend time on.The area within yellow is the site of the proposed development On March 2, 2021, the Albemarle County Planning Commission was just moments away from recommending denial of a rezoning of nearly 20 acres of land on U.S. 29 to make way for 370 housing units. The land is currently zoned for single-family residential and the county’s Comprehensive Plan designates future uses could have a residential density of between 6 and 36 units per acre. The proposal from RST development came in just under 20 units per acre.  At the end of the meeting, Attorney Valerie Long asked to defer a vote in order to give RST Development time to make adjustments after the Forest Lakes Community Association mounted a campaign to stop the development. According to their November 2020 newsletter, a portion of a proposed increase in homeowners association fees for Forest Lakes residents was used to hire a consultant to conduct an “independent, professional review” of the proposal. Many of these materials are available on the FLCA website. At the same time, Albemarle County is updating its affordable housing policy with a public hearing on the draft plan set for March 17 before the Board of Supervisors. Plans are one thing, but the actual ability for Albemarle to meet its housing goals depends on specific applications being approved. Before we begin, let me let you know what you’re about to read or hear is an edited portion of the meeting. You can watch the whole thing on the county’s YouTube page. You can also take a look at the staff report on the county’s website. Staff had recommended denial of the project at this time. Every land use application contains a recommendation from staffWhat you won’t find in that staff report are new details about provisions and subsidies that would have kept the rental prices below market-rate.  The federal definition of “affordable” is that rents would be no more than 30 percent of the occupants household income, based on a metric known as the Area Median Income (AMI). On the day of the hearing, I asked attorney Valerie Long for more details about the affordability and got them. “The Owner will commit to: at least 75% of the apartment units will be affordable to those making between 30% and 80% AMI, with an average of 60% AMI, for 30 years.“The project proposes 254 apartment units. 75% of 254 apartments is 190 units“In addition, it is our hope that the 108 for-sale townhouse units proposed will be affordable to those making 80% AMI.”In her email, Long acknowledged staff had not yet received the material. Now, let’s get to the tape from Tuesday night. Following a brief staff report from planner Andy Reitelbach, an official with RST Development explained the intent was to provide housing to people with a wide range of incomes.  “The opportunities that we’re creating for ourselves with this wide range does provide for that opportunity with teachers and firefighters and first responders,” said Scott Copeland of RST Development. Affordability came up several times during the two-hour public hearing, but the tenor of the discussion was set by a nearly 90 minute presentation where different representatives from the Forest Lakes Community took turns reading from a prepared script. They were led by Scott Elliff, the treasurer of the Forest Lakes Community Association. In all, six out of seven of the FLCA’s Board of Directors would speak. Elliff has previously led campaigns against interconnectivity with other neighborhoods. In 2016, the neighborhood was successful in preventing a trailhead from being built as part of the Brookhill neighborhood which was approved by the Board of Supervisors that November. However, the neighborhood was not successful in stopping a road connection that leads north from Brookhill onto Ashwood Boulevard. (April 2015 story) (August 2016 story) (October 2016 story)Elliff kicked off a long string of comments from Forest Lakes residents who all took turns reading from a slideshow supplied to the county in advance. “We have a lot of ground to cover because there are so many issues regarding this proposal that we have,” Elliff said. “It’s deficient  and unacceptable in numerous different areas and you’re going to see that in great detail.” At first, the county struggled to display the presentation provided by the FLCA and a brief break was taken to address technical errors. Carolyn Shaffer runs the meetings for the county.“Can you go ahead and get started on what you are talking about? All of the commissioners have seen…” Shaffer said. “We’re all going to want to use the visuals that we created specifically for this, of course,“ Ellif said. “Many of our comments relate very specifically to the charts and analysis and examples that we’ve created just specifically for this tonight.” The visual presentation was highly coordinated and stage managed by Elliff. “In introducing each person, we have a page with their name on it so you don’t need to use the other name stuff,” Elliff said. “I set that up so you could just roll through this presentation, kind of fully contained.” “I still have to do the three-minute timer,” Shaffer said. “Of course, and our people all know that as well,” Elliff said.  Before we go further, let’s review the rules of procedure for the Planning Commission. Especially two lines which are worth noting here.Each other person speaking on a matter shall be allowed one appearance not to exceed three minutes. A speaker may not reserve any time for rebuttal or transfer any time to another speaker. After several minutes of getting the presentation to be visible, the clock started. Elliff was the first of 27 speakers who were part of the presentation. He was also the 7th and the 14th. “Our HOA Board presidents will speak and you have a number of volunteer residents who are going to talk about very specific topics and have done a bunch of research,” Elliff said. “We’re going to have charts and analyses and examples and all kinds of things including a couple of areas where we actually contracted our HOA for outside professional support just for this meeting.”  Elliff said the FLCA acknowledges the parcel is in the county’s growth area, but that the current proposal was out of scale. He said the new affordability provisions had no effect on the FLCA’s opposition to the project. He spoke for nearly four minutes before Shaffer cut him off. “This is going to create just a tremendous amount of traffic potentially between Brookhill and…”“Because there are so many speakers I have to stop you,” Shaffer said.“Yes, thank you, so, happy to go on,” Elliff said. Speaker after speaker explained how they felt this development would hurt their community.“The 350 additional new housing units at this time I think is simply too much and too soon,” said Mike Turbidy, a member of the FLCA Board of Directors. “I would be looking at those big, quite frankly ugly buildings,” said Sheila Katz. Katz read aloud from comments made from those who signed the petition against the development. “Traffic is going to be backed up actually to my development. I don’t know how I’m going to get out in the morning. This is a poorly designed ugly and excessive development that benefits no one except for a handful of opportunists ignoring what is best for our special community.” Helen Marie Field also read from other comments from the petition. “I am very passionate about my opposition to this proposed development,” said Helen Marie Field. “I grew up in Northern Virginia specifically Vienna and I have watched the terrible over development over the years. After graduating from UVA, I stayed in Charlottesville specifically because of its charm and the character of Albemarle County but this is being threatened more and more each year.” Cat Smith called the current proposal “heavy-handed and ham-fisted.” “We used a balloon and raised it up to the height of the buildings as the developers have indicated they would be and you can just barely see it there on that slide on fullscreen but it is well above what is an 8-foot wide privacy fence which is directly behind some of the homes in Cricklewood Court,” said Cat Smith. The next speaker was George Pearsall but he had difficulties being heard, so Scott Elliff was given the chance to take his turn to keep the slide presentation running on track.“Scott, would you like to take George’s comments, since we can’t hear him?” Shaffer asked. “Sure, I can do that,” Elliff said. “It’s just two pages.”“Your time starts now,” Shaffer said.“He’s the president of the HOA Ashland,” Elliff said. “George’s point primarily is that the scale of this just as Cat mentioned beforehand is overwhelming and huge compared to the one story residential townhouses that are in this area.” Elena DeLisoe objected to the density and asked that the development include more open space.“Green space is important for people’s physical and mental wellness,” DeLisoe said. “A less crowded environment results in a better community, reducing the potential for conflicts related to disputes over noise, parking spaces, traffic, snow removal, pets, and other situations created by packing more people into smaller areas.” One of the consultants hired for the project is also a resident of Forest Lakes.“FLCA hired us to do a visualization and analysis of the proposed development,” said Vlad Gavrilovic of EPR PC. “We were all also asked to do a professional assessment of the proposed plan and there are some concerns we found from the plan and where it deviated from what I call professional best practices.”Gavrilovic said EPR PC rewrote the plans and found that a maximum of 200 units were all that would fit on the property. “We think that’s a much more reasonable yield for the property using professional design standards,” Gavrilovic said. Forest Lakes resident Alice Keys compared the proposal to the Places29 Master Plan.“This proposed development may meet the density required in the Comprehensive and Places29 Master Plan, but it does not respect the scale and character of the existing surrounding neighborhood,” Keys said.   Lifelong Albemarle resident Paul Merrell said he was one of the first to move into Forest Lakes back in 1993.“The proposed development is definitely not similar to this neighborhood or the livability,” Merrell said. “It is instead an example of urban sprawl not in character with the neighborhood that we have now.” Merrell acknowledged that growth is going to occur. He said there were other locations for affordable housing in Albemarle and Charlottesville. “It only really benefits the developers’ profit and outcomes from this development,” Merrell said.Sue Friedman recently concluded ten years on the FLCA Board, and was just appointed to the Places29-North Community Advisory Committee. She raised concerns over equity. The development as proposed requires special exceptions, which are common in the land use application process. “What is the trade-off in harming an existing development, Forest Lakes, versus giving a developer concessions?” Friedman asked. “What is the expense that we’re willing to have those who are already live here bear for this new development, particularly looking at the traffic and the aesthetics open scale? So in terms of how the county and the planning process addresses equity. Those who are here, we in Forest Lakes, do we deserve to be harmed? Do we deserve to have challenges and expenses to benefit a new development?”Source: Traffic Impact AnalysisThe next scheduled speaker was not available, so Elliff was given another chance to read someone else’s remarks. “Next we have, it was supposed to be Bob Jones but Scott is going to speak again because Bob was not able to make the meeting,” Shaffer said. Elliff proceeded to speak about the traffic study the FLCA commissioned from EPR to challenge the traffic study RST had developed. He said the developer’s study did not factor in new development in the Brookhill community under construction to the south. “We actually asked the developer to run an alternate scenario for us just so we could understand the potential and they frankly declined to do that specifically, so we spent our own good money to contract it,” Elliff said. “Same model, just some different inputs. Next slide please.”At this point, Elliff is the 14th speaker reading from the same presentation. The 15th consecutive speaker is Jane Keathey, another member of the FLCA Board.  “I feel like this RST development as planned is a poor fit for the space at that intersection,” Keathley said. “There are too many planned units and it will not be able to be adequately accommodated by the local surroundings as we’ve been describing here this evening.” “Could I have the first slide?” asked Paula Grazzini as she took her turn in the coordinated presentation. She said the Planning Commission needed to take into consideration the additional traffic that will come from the Brookhill development as units are occupied by new residents. Grazzini detailed the EPR traffic study. “We feel that the majority of people living in those areas are going to choose Archer Avenue and Ashwood Boulevard as their morning rush hour route to reach 29 whether they’re going north or south,” Grazzini said. Bill McLaughlin, the 18th speaker, is another new member of the Places29-North Community Advisory Committee and sits on the board of directors of the Hollymead Citizens Association. He also said the density of the proposed development raised health concerns. “My concern is for the health of the people who will be living there in relation to the threat posed by airborne viruses similar to the one causing the current pandemic,” McLaughlin said. “As we are all well aware, the current pandemic has struck most heavily at essential workers who cannot work from home and often work closely with the public. And of course it is just these people who most often live in high-density housing.” Deborah Bremmer was the 20th speaker named to speak in the powerpoint. We are now 70 minutes into the presentation. “I’m concerned that if this development is approved that our overcrowded schools will become more overcrowded and our property values will be negatively affected,” Bremmer said. Speaker 21 was Tamera Hammond, who said approving the development would be against the spirit of the recently adopted Climate Action Plan. “One of the main themes of the Climate Action Plan is to protect our local natural environment,” Hammond said. “It also states that the plan is as much about the kind of place we want to live in here in Albemarle County as it is about reducing the community’s contributions to greenhouse gas emissions.” Dick Billings is another member of the FLCA Board and as the 22nd consecutive speaker, he showed a topographic overview of the property.“This represents first of all the highest ground in the local area so every bit of rainfall that hits this development has to run off to somewhere,” Billings said.Billings reminded the Planning Commission that the development of the Hollymead Town Center in the 2000’s resulted in stormwater that carried dirt and sediment into Lake Hollymead. “We don’t want to see that again,” Billings said. “What we would like to see is any plan going forward have a requirement for 100 percent remediation of any damage to the local area.” Gail Hayes does not live in the development, but her parents do. We’re now at 80 minutes into the presentation.“You’ll hear me echo some of what Vlad Gavrilovic, Tamera Hammond and Dick Billings said,” Hayes said. “The bottom line up front is that I believe the plan is not acceptable as it has been presented and should not be moved forward until substantial changes have been made.”The 24th speaker, Todd McGee, is a realtor who also sits on the FLCA Board.“Unfortunately this project would have a negative impact on the value of the homes that border the site,” McGee said. “The proposed development will have a negative impact on the value of any home that is directly adjacent to the site.”The 25th speaker was Donna Cameron who along with her husband chose Forest Lakes because of its amenities. “I’m here to address the intangible and unmeasurable human impact that this proposed development has upon the Forest Lakes residents,” Cameron said. “We knew that the area behind us was zoned residential and would someday be developed but we trusted in the integrity of the 29 Master Plan. We never dreamed that waivers, special exclusions, or expanded stepbacks would create austere, concrete high-rises that would breach our privacy, invade the dark skies, and potentially cause run off flooding.”The 26th speaker is Paul Moruza, the president of the Hollymead HOA. He said his neighborhood would also be affected by the development. “We are really all part of one community,” Moruza said. “I would like to represent our Hollymead neighbors to you. We are 468 families and individual residents. We have single-family homes, condos, and townhomes. Hollymead is the older brother of the developments in the Forest Lakes.” Moruza gave this description of the development. “It is a very block Soviet-style construction which will be seen from all over,” Moruza said. The final speaker on the unified presentation was Jimmy Baranik, the current president of the Forest Lakes Community Association. “For those of you who don’t know, Forest Lakes is the largest homeowners’ association in Albemarle County, 1,500 homes and about 5,000 residents and as Paul mentioned previously, we are one big happy neighborhood.”Baranik thanked the other speakers who had spoken as well as the hundreds who signed a petition against the development. In all, the total presentation took nearly an hour and a half. The public hearing was not over. Crystal Passmore is a city resident who wanted to weigh in. “My comment today is just that I would like people to have homes,” Passmore said. “I want people to have affordable homes. I want people to live in the town where they work. I don’t want people to have to commute from Ruckersville if they work in Charlottesville or if they work in downtown Albemarle. I don’t know anything about viewsheds or intrusive lighting. I just want people to have homes they can afford.” Passmore said the voices of those who would one day live in the development could not be heard under this arrangement. “Everyone who has spoken before me has convinced me that this is a lovely place to live,” Passmore said. “I would love it if you guys would allow more people to  live here.”A few more city residents spoke in favor of the project, including Josh Carp. He questioned the notion that the new development would hurt property values. “I think it’s more important that people have affordable housing then that property values continue to go up,” Carp said. “These houses in the neighborhood are worth half a million dollars plus. If you want to deny affordable housing to maximize property values for people who have that much money, maybe you can come to my kids’ daycare and explain to the teachers why they can’t live in the area.” Many opponents of the project cited the county’s Comprehensive Plan. City resident Rory Stolzenberg read other portions. “First, land use objective 5 - promote density within the development area to help create new compact urban places,” Stolzenberg said. “Encourage developers to build at the higher end of the density range on greenfield sites provided that development will be in keeping with design guidelines in the Neighborhood Model. Encourage developers to build within the density range recommended in the master plan on infill sites. Ensure that housing is available to all populations.” City resident Matt Gillikin called attention to the organized opposition from Forest Lakes residents. “It’s really remarkable to see how consistently affluent neighborhoods in the county gather their resources together to fight against housing for people who don’t have the resources that they have,” Gillkin said. After those four spoke, another previous speaker had a second chance to speak, in violation of the Rules of Procedure which Chair Julian Bivins corrected. “Hello, my name is Jimmy Baranik, I spoke earlier,” Baranik said. “I just want to point out that we are not opposed to underfunding anybody, we’re not opposed to having people who can’t afford wages in our neighborhood. We are opposed to the buildings. That’s what we said. The building environment. We just need to overhaul the plan. I want to make sure everyone is crystal clear on that.” Jason Inofuentes, a former member of the Pantops Community Advisory Committee, spoke in favor of the project.  “Affordable housing is an imperative that cannot be set aside for the interest of a select few homeowners,” Inofuentes said. “The development would represent an incredible value across 30 years to those who aren’t in the position to buy a well-manicured lawn on a quarter-acre lot.” That was the end of the public hearing. You can watch the whole thing here.Deliberation and deferralAfter a brief recess, Valerie Long had five minutes to respond according to the Rules of Procedure. “Obviously we cannot in five minutes rebut all of the comments that were made tonight so first let me say that we have very clear responses and rebuttals to absolutely every single point that was made in opposition,” Long said. Long sought to address concerns about the traffic input, the visibility of the buildings from existing neighborhoods, and claims of full clear-cutting.“So the images that you saw from the criticisms of the project are entirely inaccurate,” Long said.After more explanations, Shaffer informed Long she was over time.Next, the Planning Commissioners had the chance to discuss a matter. Commissioner Jennie More went first as she prepared to ask a question.“I just want to be clear that I want to figure out a way to get to yes,” More said. More asked another question about the view from the development. She wanted to see a slide that Long had shown during rebuttal. “I guess there’s a more generous area there than I had imagined and seeing that slide from her helped me understand the possibilities with buffering that could happen there,” More said. However, the slide was not shown and Long was not offered a chance to respond. During a series of questions from commissioners about the affordability component of the project, staff responded about county policy. At one point, Scott Copeland with RST sought to make a clarifying point. “Mr. Chairman, can I address the question about the affordability?” Copeland asked.“No thank you,” Bivins said. “Not right now, thank you very much.”The planner for the project, Andy Reitelbach, was invited to respond.“Regarding the new proposal that Ms. Long presented this evening, that hasn’t been submitted to staff yet so I really can’t say on the 75 percent that I believe she mentioned, what those numbers are,” Reitelbach said. “I haven’t seen any plan or anything like that so I don’t know if Ms. Long may be able to expand on that more.” Long wasn’t given the chance to respond.The University’s non-voting representative on the Planning Commission, Luis Carrazana, wanted to know more about how stormwater would be treated on the property. “I don’t remember seeing a [topographical map] in the application, but we did see one from the residents,” Carrazana said. Reitelbach responded. “There [are] at least conceptual stormwater management facilities up here in the northeast corner of the site,” Reitelbach said. “I know our county engineer has reviewed at least the conceptual grading and stormwater management and had no objections but stormwater is something that would have to be addressed at the site plan stage and would have to meet all of the state requirements.”Commissioner Karen Firehock said she had hoped for a more innovative proposal that went further to mitigate stormwater by allowing more open space.“I am very supportive of the need for affordable housing in our community,” Firehock said. “I am really disappointed at the notion that means we have to sacrifice green space and adequate recreational areas.” Firehock said she was inclined to recommend denial, but also reminded everyone watching that the Planning Commission’s vote is advisory. “And the developer would certainly have ample opportunity to amend their application,” Firehock said. “Whether we end up voting for or against it.” Commissioner Corey Clayborne was concerned about one aspect of infrastructure he thought was lacking in the proposal. “I was a little concerned I didn’t hear about public transit and this notion to work with the county,” Clayborne said. “If we’re going to have all of these affordable housing units, there’s no public transit there. Do we just leave it alone, or do we just turn a blind eye to it?” To step out of the meeting for a second, in the current fiscal year, Albemarle County is contributing $87,500 toward creation of a regional transit vision, as well as $53,107 toward a “feasibility study and implementation plan for expanded transit service to population and employment centers within Albemarle County.” Last week, members of the Regional Transit Partnership were told by TJPDC staffer Jessica Hersh-Ballering that the goal of the study was to inform a second grant application to pay for funding of an actual project. This information was not conveyed to the Planning Commission at the time. Commissioner Rick Randolph represented the Scottsville District on the Board of Supervisors from 2016 to 2019. He compared the proposed project to an infamous public housing project in Chicago.“Twenty years from now, what will this development look like?” Randolph asked. “Will it be like another project like Cabrini Green in Chicago?” Randolph said the project would supply affordable housing, but fell short on one intangible metric.  “They didn’t satisfy the need of a community to have a soul, and therein lies my concern,” Randolph said. “I can’t find a soul to this project.”  Randolph also said the residents would need to be responsible for covering the cost of maintain certain services and he was skeptical they could do so.“There needs to be clarity how residents can afford to maintain the roads within this community, plow them when it snows, and to cover the annual cost through their HOA fees for pool and exercise facilities when now 75 percent of the units are going to be affordable housing? Where does the money come from? These are not inexpensive?”More said she was frustrated that details about the affordability for the units were not made available. “When you bring us brand new information especially when it’s really important information that is a change of substance the night of the Planning Commission, I think it’s something that’s great to add to the conversation but it leaves staff not able to respond because he hasn’t had that submitted, and it leaves us with questions about something I think is key and important.”The public hearing last over two hours, with the Forest Lakes Community Association getting almost 90 minutes of consecutive time. “The level of public comment, which is great, also does tend to wear us down a little bit so then maybe we aren’t asking the great questions we could ask,” More said. “We have staff here that could answer stuff about traffic and these types of things and I think that’s too bad because as I said before I’d like to figure out how to get to yes.” After More’s comment, Bivins asked Commissioners what they wanted to do. Commissioner Corey Clayborne responded. “I move to recommend denial of ZMA202000007-RST Residences for the reasons stated in the staff report and the reasons stated within the conversation that we’ve had amongst the Commission,” Clayborne said. At this point in a regular in-person meeting, the applicant’s representative might stand to request a deferral. A vote by the Planning Commission to recommend denial doesn’t kill a project, but Supervisors often follow the lead of the advisory body. Let’s hear what happens next.“Obviously there’s been a lot of comments made,” Long said. “I will reiterate we are prepared to address all of those if asked but if that is not the preference of the Commission tonight, we would be more than happy to take the comments that we’ve received tonight and go back and amend our plans and certainly update the affordable housing, work on the precise location of the transit, and…”“I thought you were asking about something else, but that’s not what we’re doing here,” Bivins said. “I’m sorry?” Long said.“So, you’re asking about you will take whatever we decide and go forward,” Bivins said. “I thought you might be asking for a different kind of situation.”“No, in fact Mr. Chairman, I think we would like to ask for a deferral at this point so that we can take the comments that we’ve received and see if we can do our best to address those so that we could come back to with you an application that could gain your support and recommendations,” Long said. After a few minutes of parliamentary procedure, the motion to defer was adopted unanimously. Commissioners had some parting comments. “I do think that this development can be fixed in terms of the things that we have recommended,” Firehock said. “I just think that we need a much more quality development with more green space, more attention to fitting in with the character of the neighborhood, public transportation.” “You’ve heard the thoughts and the cares of the Planning Commission, and I think I can say that each of us wants this to be a successful project but many of us felt that we were not provided with enough information for us to fall directly in the most positive way of supporting the project,” Bivins said.   UPDATEShortly after publication, I received this response from Emily Kilroy, the county’s director of communications and public engagement:The Board of Supervisors has as part of their adopted procedures the following regarding visual/audio presentations: “The speaker may include a visual or audio presentation, provided that the presentation is received by the Clerk at least 48 hours before the Matters from the Public session at which the speaker plans to speak.” You can find this online here: https://www.albemarle.org/government/board-of-supervisors/public-meeting-participation-guide (FAQ for What are the speaking rules for Matters not Listed for Public Hearing?) Prior to the Planning Commission Public Hearing for this application, the Forest Lakes HOA contacted the Planning Division to request to provide a Powerpoint and this was submitted in advance.The County Attorney’s Office did review the request to provide a list of speakers and a presentation that each speaker would speak to a part of and found it was consistent with practice. For in-person meetings, a speaker could upload a Powerpoint or other visual up at the podium and use that during their 3-minutes. Understanding that every speaker could do that individually, and knowing the transition time that takes when that action is taken individually, a combined presentation was deemed permissible.Allowing an individual to speak multiple times was a procedural error and has been addressed. This is a public episode. Get access to private episodes at communityengagement.substack.com/subscribe

Join us and let's talk about everything you need to know about investing in 56 unit multifamily development with Joseph James and Aaron Hultgren. Mr. Hultgren is a member of Legacy Development & Consulting Company, LLC, a member and the President of Paragon Development & Consulting Services, LLC, and the sole member of the Board of Managers of the Company. Joseph James is the founder and President of www.roimuse.com, a company that provides Systems, Tools and Training for Real Estate Agents and Investors.

Today's guest is another high-level entrepreneur in the Flagstaff, AZ market and longtime friend, Matt Peace with Axxo Development Group. We dive in and learn why and how he hired staff to take over his tint shop so that he could pursue building single-family and multi-family dwellings full time. He shares government given methods to tax-free gains, hurdles of building, troubles with contractors and many more little nuggets.

In Episode 161, Tucker interviews Artem Tepler with the Schon Tepler Group in Los Angeles.  Artem and his partner are on track to do $100 Million dollars worth of multifamily development projects.  Artem shares his story and a wealth of knowledge when it comes to large multifamily development deals.  He talks about his goals and how he and his partner are aiming to be the largest multifamily developers in the country.  We hope you enjoy this episode, please leave us feedback and reviews!