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Peak Profits - The Art Of Passive Investing Through Real Estate
Welcome to the Peak Profits Podcast, your ultimate guide to mastering the art of passive investing through Real Estate. Hosted by Seven Peak Capital, this podcast is dedicated to educating and inspiring both new and experienced investors through engaging discussions, expert interviews, and personal stories.
What to Expect:
- Expert Insights: Tune in for interviews with industry leaders, including general partners, lenders, passive investors, and many more who are making significant impacts in the real estate market. Gain invaluable knowledge from those who have successfully navigated the complexities of multifamily investing.
- Diverse Topics: Each episode delves into a variety of subjects crucial to real estate investing, such as multifamily investment strategies, financing, market analysis, portfolio diversification, and tax benefits. Learn from both the triumphs and challenges faced by our guests to better inform your own investment decisions.
- Personal Journeys: Bryan and Chris share their own transition from careers in sales to becoming successful real estate investors. Their stories provide a relatable and motivational backdrop for listeners looking to embark on a similar path.
- Educational Focus: The podcast emphasizes continuous learning and growth. Whether you're interested in active or passive investing, you'll find valuable content tailored to help you understand the intricacies of real estate deals, financing options, and investment strategies.
- Community Engagement: Peak Profits is more than just a podcast; it's a community. The hosts encourage listeners from the real estate and investing industry to join them as guests, share their stories, and contribute to the collective knowledge pool.
Listen to Peak Profits Podcast - where your journey to successful multifamily real estate investing begins!
Peak Profits - The Art Of Passive Investing Through Real Estate
Navigating Risks in New Development: Aaron Yassin
In this episode of the Peak Profits podcast, Bryan Morris and Chris Ward interview Aaron Yassin, founder of Hive Developers, who shares his journey in real estate investing. Aaron discusses his first investment that yielded a remarkable 70X return, the strategies he employed such as HELOC and refinancing, and his transition into real estate development. He emphasizes the value of new construction and the associated risks, providing insights into the mechanics of real estate investment and the importance of design in creating value. In this conversation, Aaron Yassin discusses the intricacies of real estate development, focusing on the importance of understanding development returns, navigating construction risks, and the significance of design in driving value. He emphasizes the need for investors to consider the track record of their partners and the challenges posed by fluctuating costs in projects. Additionally, he shares insights on capital raising strategies and the importance of maintaining a strong connection with the community through thoughtful design.
Chapters
00:00
Introduction to Aaron Yassin and His Journey
01:05
The First Real Estate Investment: A 70X Return
10:12
Leveraging Investments: HELOC and Refinancing Strategies
15:14
Transitioning to Development: Starting Hive Developers
22:16
The Value of New Construction in Real Estate
26:24
Understanding Risks in New Development
27:17
Understanding Development Returns and Risk Factors
30:07
Navigating Construction Risks in Urban Environments
31:37
The Importance of Track Record in Real Estate Investment
33:04
Addressing Cost Variability in Real Estate Projects
37:45
Capital Raising Strategies for Real Estate Projects
40:01
Design Drives Value: The Importance of Aesthetic in Real Estate
48:37
Connecting with Aaron Yassin: Resources and Contact Information
Takeaways
- Aaron Yassin achieved a 70X return on his first real estate investment.
- Understanding the mechanics of real estate is crucial for success.
- Leveraging investments through HELOC can provide additional capital for growth.
- Investing in real estate at a young age can lead to valuable learning experiences.
- New construction offers higher returns but comes with increased risks.
- Design and architecture play a significant role in real estate value.
- House hacking is a viable strategy for new investors.
- Networking with partners can propel investment opportunities forward.
- Investors should be aware of the market conditions affecting returns.
- Continuous learning from experiences is essential in real estate investing. Development returns should ideally be between 15-20%.
- Urban environments present unique construction risks.
- Understanding the track record of partners is crucial for investors.
- Cost variability can significantly impact project outcomes.
- Raising capital effectively is essential for project success.
- Design quality can enhance property value and market response.
- Investors should be prepared for unexpected changes in projects.
- Sensitivity in underwriting is key to managing risks.
- Community connection through design can enhance project appeal.
- Real estate is fundamentally about architecture and storytelling.
Connect with Aaron Yassin
🌐 Website