414: 1300 Units in Real Estate Development at 30 years old with Evan Holladay

BiggerPockets Real Estate Podcast

BiggerPockets

Investing, Education, Business

4.8 • 16.6K Ratings

🗓️ 5 November 2020

⏱️ 73 minutes

🔗️ Recording | iTunes | RSS

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Summary

The harder the problem, the bigger the reward... and real estate developers who can solve affordable housing problems can do very, very well. Enter today's guest, Evan Holladay, who reached 1,300 units before the age of 30 through a combination of focus, relationship-building, and a deep understanding of the rules of the game. In this high-level episode, you'll learn how Evan and his team apply creative financing techniques to multimillion dollar projects; how they takes advantage of tax credits and grants and put together public-private partnerships; and why patience and persistence can lead to huge profits in the development game. Whether you plan on getting into bigger deals in the future or not (Evan wants 100,000 units!), this episode will inspire you to start thinking like a big-time investor, strategist, and leader. In This Episode We Cover: Listening to "what fires you up" when getting started Evan's apprenticeship for a student housing developer What a public-private partnership is Using tax credits to make a profit building affordable housing How he creatively finances big multifamily deals How he manages risk Why “it’s more valuable to control real estate than to own real estate” Why development is such a big opportunity in markets where "it's too expensive to invest where I live!" And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Shirt How to Invest In Real Estate With Only $1,000!? BiggerPockets Podcast 353: Turning $5K Into $5K/Month and Retiring at 40 with Tim Rhode LoopNet Check the full show notes here: http://biggerpockets.com/show414 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the BiggerPockets Podcasts 414.
0:05.0	You know that whole idea of finding your blue ocean.
0:07.5	This is exactly what this is because it is so hard.
0:10.1	It huge barriers to entry.
0:12.2	But once you've figured it out, it's really the sky's the limit.
0:15.2	There's millions of affordable housing units needed all over the country, and there's not enough
0:19.6	developers to match that demand.
0:21.2	You're listening to Big pockets radio, simplifying real estate for investors
0:26.3	large and small.
0:28.3	If you're here looking to learn about real estate investing without all the height, you're
0:32.2	in the right place. Stay tuned and be sure
0:35.2	to join the millions of others who have benefited from bigger pockets.com.
0:39.8	Your home for real Estate Investing Online.
0:43.1	What's going on?
0:43.6	It's Brantin and Turner, host to the BiggerPockets podcast,
0:46.3	here with my co-host, Mr. David Green.
0:48.3	David, question for you, what problems do you see in the real estate world today?
0:55.0	We're starting deep.
0:58.0	What problems do you see that you could address in the world today?
1:02.0	That's so good.
1:03.0	First one is that there's a shortage of good agents, just straight up.
1:07.0	If you're trying to buy real estate and you're scared, you're nervous,
	...

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