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Lifetime Cash Flow Through Real Estate Investing

Ep #631 - Making Millions through Multifamily Development

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Education, Investing, Business

4.61.4K Ratings

🗓️ 16 November 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Nick Earls and Eric DiNicola are high school friends who partnered later in life to live out a childhood dream. Nick is the author of the book "Making Millions through Multi-Family Development." Eric, with a decade of experience in the financial industry, joined forces with Nick in 2015 to create Winterspring Capital, a real estate development firm.

Here's some of the topics we covered:

  • Multiple exit strategies for this economy
  • Government RFPs
  • Office conversions to multifamily
  • Development fees
  • Path to progress
  • Gateway cities
  • The value of vision
  • Dealing with the community

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com 

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Transcript

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0:00.0

Welcome, this is the Lifetime Cash Flow through Real Estate Investing Podcast.

0:06.8

This is where you'll learn strategies to help you achieve Lifetime Financial Freedom

0:10.5

through real estate investment.

0:13.1

Your host, Rod Cleef, has owned over 2,000 homes in apartments.

0:17.5

And he brings experts in all aspects of real estate investment and management onto the show.

0:22.8

Now, here's your host, Rod Cleef.

0:28.6

Welcome to another edition of How to Build Lifetime Cash Flow through Real Estate Investing.

0:32.5

I'm Rod Cleef, and I'm thrilled that you're here.

0:34.8

And I'm actually interviewing two guys today's two super knowledgeable guys in the development

0:39.6

space.

0:40.6

Their names are Nick Earls and Eric DeNakola.

0:44.1

And their company is Winterspring Capital, and they've got lots of experience in commercial

0:51.3

development.

0:52.3

In fact, Nick wrote a book called Making Millions Through Multi-Family Development.

0:57.0

They've got a lot of projects on the table right now, and I'm super excited to dig in.

1:01.4

Welcome, guys.

1:02.4

Hey, thanks so much for having us.

1:04.8

Absolutely.

1:05.8

So, maybe you could each take turns just kind of talking a little bit about how you got

1:10.2

into this business, how you got started, how you got to where you are now.

1:14.4

And maybe Nick, you go ahead and start, and then Eric, and then we'll get into some questions.

1:20.9

Sure.

...

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