Podcasts about multifamily development

In this conversation, John Harcar interviews Simon Beylin, a seasoned real estate developer, about his journey from dentistry to ground up construction. Simon shares insights on the challenges and opportunities in the construction industry, particularly in multifamily and residential development. He emphasizes the importance of mentorship, understanding the entitlement process, and the need for careful financial planning in real estate projects. The discussion also touches on current market trends and the keys to success in the real estate business. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this insightful episode, Dave Dubeau sits down with real estate developer Dusten Hendrickson to explore a unique model for workforce housing that's challenging traditional multifamily design. Broadcasting from Brookings, South Dakota, Dusten breaks down his proven approach to creating “modern workforce housing”—efficient, wellness-focused multifamily buildings that are attractive, affordable, and strategically located in suburban communities. Dusten shares how his company, Mailbox Money RE, balances design aesthetics and financial performance by skipping high-cost amenities and focusing on features that actually improve tenant well-being—think floor-to-ceiling windows and in-unit laundry, not pools and elevators. He also outlines the full-cycle development process, from site selection and financing to lease-up and eventual sale. With over 20 years of experience and $500M in transactions, Dusten reveals why this repeatable, scalable model is gaining traction across states like Minnesota, Iowa, Ohio, and Wisconsin—and why both investors and municipalities are taking notice. What You'll Learn: The difference between “big-A” and “little-a” affordable housing Why many renters value natural light and storage over pools and gyms How his team delivers stylish suburban apartments at half the downtown price The benefits of a repeatable, systemized development model His timeline from land purchase to full lease-up—and eventual refinance or sale - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

On this episode of Best Ever CRE, Joe Cornwell interviews Phillips Wagner of Mill Street Partners. They dive into how Phillips is making ground-up multifamily and industrial development deals work in today's challenging market, including creative land entitlement, vertical integration to control construction costs, and the use of steel framing to save on insurance and build times. They also discuss the importance of municipal incentives, the long-term outlook for DFW development, and advice for new developers looking to avoid common pitfalls. Phillips Wagner COO and Partner Say hi to them at https://millstreetpartnersllc.com/ vikingcapllc.com Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the Best Ever CRE Show, host Slocomb Reed interviews Marcin Drozdz, managing partner of M1 Real Capital, about navigating today's commercial real estate market. Drozdz, who entered private equity during the 2008 financial crisis, shares insights on his transition from syndications to a fund model approach that allows him to secure significant discounts through ready capital. He explains his current focus on multifamily development in the Southwest, particularly Arizona and Texas, noting how construction costs are becoming more favorable while planned deliveries for 2026-2027 remain limited. The conversation covers investor education strategies in today's more cautious environment, the importance of creating win-win GP/LP structures, and how understanding capital flow patterns provides a competitive advantage in identifying emerging opportunities across market cycles. Sponsors: Vintage Capital Capital Gains Tax Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, my guest is Justin Goodin. Justin is the founder of Goodin Development, a multi family development firm based in Indiana that enables busy professionals to invest in real estate without the demands of being a landlord, and in just a minute, we're going to speak with Justin Goodin about multi family development.

Joe Cornwell interviews Eduardo Viesca, managing partner of Manglar Capital, who shares his extensive experience in real estate investment. Eduardo discusses his journey from Mexico to the U.S. real estate market, focusing on multifamily investments and land development strategies. He reflects on both successful and challenging deals, emphasizing the importance of adapting to market changes and finding unique investment opportunities. Eduardo also addresses the current challenges in raising capital and offers actionable advice for investors looking to navigate a tough market. Sponsors: Altra Running Sunrise Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

After graduating from business school with a degree in finance, I started working as a multifamily underwriter for a commercial bridge lender. I quickly realized I was on the wrong side of the equation.   I discovered that if I was ever going to achieve the net worth and lifestyle as the multifamily buyers we were doing loans with, I would have to start investing in commercial real estate myself. Not rely on a 401K from my W2.  So I founded Goodin Development, a multifamily development firm. We help busy professionals earn all the benefits of real estate, without having to be a landlord.   I live in Indianapolis with my wife and 2 dogs.. Justin Goodin is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Justin Goodin? Reach out at Goodindevelopment.com.Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book  Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.  ************************************************************************  GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS  LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book  PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/  WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow  ************************************************************************   ABOUT THE REAL ESTATE INVESTING CLUB SHOW   Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our RESend us a textInterested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the show

Chesapeake businesses and organizations recently completed a housing study to push local leaders to act.

Discover how Sgaan Dutheil, a multifamily developer, raised $14 million over the past two years by targeting undervalued land and employing innovative de-risking strategies. In this episode, Sgaan breaks down his four key metrics, including securing 20% investor IRR and purchasing land 10-30% below market value. Learn how he scales development to 5,000 units, overcomes high interest rates, and builds a solid team. Whether you're new to real estate or an experienced investor, this episode offers actionable insights on raising capital and structuring deals.Key Takeaways to Listen For:De-risk development with four key metrics: 20% investor IRR, buying 10-30% below market, conservative rent/revenue projections, and increased hard cost estimates.Combat high interest rates by negotiating long closes to reduce expensive land loan costs during entitlements.Structure capital raises in stages: offer higher returns (30-35%) during entitlement and lower returns (15-20%) during construction.Build credibility through books, strategic networking, social media, and partnerships with experienced developers.Scale faster by building a strong team and leveraging others' expertise and networks.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches. He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing. He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers. Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

There's so many different ways people participate in real estate, and for many, it's often a journey. In this episode of "REady2Scale," Jeannette Friedrich, Director of Investor Relations at Blue Lake Capital, explores this strategic shift with Justin Goodin, from value-add to now the CEO of Goodin Development. They delve into the challenges and opportunities in today's competitive multifamily market, offering valuable insights for investors for each strategy. Key Points: -Discover the reasons behind Justin's transition from value-add multifamily investments to ground-up development. -Learn how to navigate the current market's rising construction costs and competition. -Understand the role of partnerships with municipalities in making development projects viable. -Gain tips on evaluating underwriting models and assessing cap rates for smarter investing. -Explore the benefits of staying laser-focused on one strategy in real estate development. Mentioned investment opportunity: www.bluelake-capital.com/btdallas  Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. To reach Ellie & the Blue Lake team, email them at info@bluelake-capital.com or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you. Timestamps 00:00 Introduction to Multifamily Real Estate 00:37 Meet Justin Goodin: From Value Add to Development 04:16 Challenges and Strategies in Multifamily Development 11:28 Insights on Financial Modeling and Underwriting 20:52 Lightning Round and Final Thoughts Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose #realestate #investing #multifamilydevelopment Learn more about your ad choices. Visit megaphone.fm/adchoices

Jay Minnick is a family man and successful multi-family developer. Jay has a unique ability to stay calm and make decision based of logic, not emotion. Jays track record consists of thousands of units developed, and tens of thousands of units managed. You can get in touch with Jay and his company at https://www.helucapital.com/

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this engaging episode, Shawn DiMartile sits down with Alex Inabnet, a multifaceted real estate expert based in San Diego, to delve into the intricate world of real estate development and general contracting. With an eclectic background in construction management and a hands-on approach to multifamily developments, Alex offers a wealth of knowledge on the current real estate trends across different markets, especially in San Diego, Austin, and Tampa. Throughout their discussion, Alex reveals the challenges and nuances of the construction and development landscape, especially in high-demand areas like San Diego. He shares invaluable insights on how to navigate market volatility, the importance of hiring experienced partners, and the critical role of communication in mitigating risks in construction projects. This episode is a treasure trove of expert advice for anyone interested in multifamily real estate development, construction best practices, and strategic market analysis. Some key takeaways from this episode: A comprehensive discussion on the importance of strategic market selection, with a focus on secondary growth markets such as San Diego, Austin, and Tampa Insight into the high barriers to entry and regulations in California's real estate market compared to Texas and Florida The significance of effective communication and problem-solving in managing construction costs and project timelines The critical role of experienced business partners and mentors in successful real estate development Observations on current market trends and future predictions, particularly regarding interest rates and their impact on real estate investments How to connect with  Website: www.inabnetcontracting.com Email:  alex@inabnetcontracting.com Phone Number:  (318)-780-6513 Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Venkat Avasarala, CEO of Striker Properties, discusses real estate development, focusing on new construction, market dynamics, and interest rates. He explains his shift to commercial real estate, post-COVID affordability, property tax abatements, and syndication for funding, highlighting strategic decision-making. Venkat Avasarala | Real Estate Background Stryker Properties LLC Based in: Dallas Texas Portfolio: +1700 units in Development Say hi to him at: www.strykerproperties.com LinkedIn Best Ever Book: How to Win Friends and Influence People - Dale Carnigie Sponsors: SyndicationAttorneys Apartments.com

We have my old friend Ming Lim of Volition Properties, Toronto Realtor and investor extraordinaire and the name volition is about living your life on your own volition thanks to financial peace from a great real estate portfolio.  The nice thing about investing in Toronto is one can't really beat the number of high quality tenants to choose from.  In my experience, the ideal tenant is gainfully employed and optimistic about the future as their credit history is valuable to them as they want to be able to get car loans and mortgages hence they can both afford the rent AND be motivated to be a quality tenant. But Toronto is a top two least affordable city in Canada and one of the least affordable in the world so unless you have deep pockets for negative cash flow condos, you're going to have to adopt an investment model of intensification and densification and that's exactly why we have Ming Lim on as today's guest. Ming and I go back over ten years, he's an engineer by training so he's a bright guy, he doesn't hide truths hence Ming share's how some Toronto investors are faring holding pre-condo construction condos, very sad stuff. On the positive, Ming shares how CMHC's MLI select program (read cheap, 50 year amortization financing) can be used to optimally invest and develop into multifamily properties in and around downtown Toronto. For all you Toronto investors, you've asked “when will Erwin be downtown to meetup?” well Ming has invited me to speak at his meetup.    https://www.meetup.com/volition/events/297931009/ Tuesday, May 28, 6:00-9:00 pm The Kingston House (676 Kingston Rd, Toronto), google maps: https://maps.app.goo.gl/VKQLkSEc5cVxoa9j8 4.6/5 Google reviews   I'll be sharing my journey of being a landlord in Ontario for the last 20 years and how I've started selling properties here to diversify to the landlord friendly areas of the USA. I've just returned from Savannah, GA, I'm in the middle of creating my corporate structure in the States to be prepared to start writing offers in the USA this month and I can not wait!   I hope to see you there and please enjoy the show!   Ming's Volition on Instagram: https://www.instagram.com/volitionproperties/ Meetup: https://www.meetup.com/Volition/ Advisory call: https://cal.com/volition-matt/30advisory?month=2024-03

Henry Matthew Silva Rojas, the firm owner of ROJAS Empire of Design has worked on projects from 2 Unit conversions to 100+ apartment unit buildings. Helping Real Estate Investors gain the most value of their lot from Zoning to Building Permits. As of Today, they have completed OVER 500+ Investment units in Ontario.  In this episode, our conversation delves into:   Building a Real Estate Empire: Transitioning from Custom Home Design to Multifamily Development Navigating the Complexities of Real Estate Development and Multifamily Conversions Site plan approval challenges Challenges and Opportunities in Church Conversion Projects   and much more!   Follow Henry's social media on: Instagram: https://www.instagram.com/rojasempire/ Website: https://www.rojasempire.ca/ Direct email: Henrymsilva@rojasempire.com   Follow Mayu on Instagram at: https://www.instagram.com/mayu.thava/ Follow Austin on Instagram at: https://www.instagram.com/austinyeh6/ Follow the RISE Network Facebook at: https://www.facebook.com/groups/risenetworkevent Follow the RISE Network Instagram at: https://www.instagram.com/risenetworkevent/ RISE Real Estate Wholesaling 101 Course: https://rise-network-course.teachable.com/p/real-estate-wholesaling-masterclass-101 RISE Network Real Estate Investing Essentials Bundle: https://rise-network-course.teachable.com/p/rise-network-real-estate-investing-essentials   If you or anyone you know is looking to sell their house, visit: www.fastontariohomebuyer.ca

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

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!!!   

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.  

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

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

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 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

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

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

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!

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

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

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