REI172: Preserving the Past Using Historic Tax Credits w/ John Blatchford
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 13 March 2023
⏱️ 68 minutes
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| 0:00.0 | You're listening to TIP. |
| 0:02.0 | Totally bombed out with AP and no room, no windows, nothing. |
| 0:04.6 | So we bought it for 5,000, invested, you know, about 100, about 230,000. |
| 0:11.1 | And then, yeah, basically, year into it, kind of quit my job and started doing that full time. |
| 0:14.9 | So it was most days just, you know, walking or driving up to the building, you know, working all day and then going home. |
| 0:22.3 | Hey, everybody, in this week's episode, I got to sit down with John Blatchford to talk about |
| 0:26.8 | how he got started in the preservation of historic buildings and the advantages of using |
| 0:31.1 | historic tax credits to improve his returns. This was really a master class in understanding |
| 0:36.0 | how historic tax credits work in the process for applying for them. |
| 0:39.9 | You also learn how John has grown and scaled his development company by focusing on the specific niche of historic buildings. |
| 0:46.9 | John is the founder of Kuntz, which is a developer of properties built in the 1800s. |
| 0:51.4 | He has been involved with over 30 projects in Cincinnati, Ohio, which |
| 0:54.9 | involved a complete gut of these historic buildings before turning them into modern multifamily |
| 0:59.6 | properties. John was a college swimmer, is an avid cyclist, and currently is focused on honing |
| 1:04.8 | his pickleball game in his free time. I love hearing about the kind of projects John is working on |
| 1:10.0 | and renovating old buildings |
| 1:11.3 | with a lot of history and soul is really close to my heart. |
| 1:14.7 | If you want to hear about how someone took the leap from a W-2 salary to diving headfirst |
| 1:19.2 | in a renovation and redevelopment, definitely give this one a listen. |
| 1:23.4 | And so, without further delay, let's jump into this week's episode with John Blatchford. |
| 1:32.3 | You are listening to Real Estate 101 by the Investors Podcast Network, |
| 1:37.0 | where your hosts, Robert Leonard and Patrick Donnelly interview successful investors |
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