From flex space buildings to multifamily apartments, Seth Teagle shares his experiences, challenges, and insights into real estate development, shedding light on key elements that can make or break a deal.
Key Takeaways:
- Understand the Market Dynamics: It's essential to comprehend the current saturation levels in the real estate market, especially in multifamily apartments. Knowing where to invest and when can be the difference between a successful or a failed venture.
- Due Diligence is Crucial: Before making any property purchase, especially in land development, ensure all due diligence processes, like understanding zoning requirements and the area's economic development plans.
- Optimize for Value-Add: Whether it's ensuring properties have modern amenities or analyzing the cost-benefit ratio of construction elements, always look for opportunities to add value to the investment.
Seth Teagle | Real Estate Background
- CEO of The Stream Group
- Portfolio:
- Multifamily and ground up projects
- Based in: Columbus, OH
- Say hi to him at:
- Best Ever Book: The Creature from Jekyll Island by G. Edward Griffin
- Greatest Lesson: Not everyone in your immediate circle is happy for your successes. Surround yourself with people you’re able to share both good news and bad news with.
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