XN STATE

Ep09 David Toupin: From Acquisitions to Ground-Up Development

April 27, 2020 Jorge Canavati
XN STATE
Ep09 David Toupin: From Acquisitions to Ground-Up Development
Show Notes

Today we welcome real estate investor, speaker and co-founder of Austin-based Obsidian Capital, David Toupin. 

David first acquisition was a 12-unit apartment complex in Michigan back in 2016. Today, David has acted as a key principal in over $50M in real estate holdings and has raised north of $10M in capital. 

In our interview today we dive into:

  • How David got his start in real estate on the back of a strong financial background and underwriting skills. 
  • We talk about the key metrics and numbers to look at when evaluating a real estate deal. 
  • And we discuss Obsidian Capital’s current undertaking, a 50-unit garden style multifamily development that is breaking ground shortly. 

You may find David on Instagram @realestatejedi and at Obsidian's website https://www.obsidiancapitalco.com/