REI190: Old Vintage Homes w/ Tyron McDaniel
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 3 July 2023
⏱️ 74 minutes
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| 0:00.0 | You're listening to TIP. Once you can figure out what you want real estate to do for you, then it's about how do you want to accomplish those things. And so that's one of the first things I tell people is, you know, you can learn from anyone, learn what to do, what not to do, how to do it better, faster, slower, more efficient, things of that nature. But you have to come to the table with something. You have to come with initiative. You have to come with the sense of direction. You have to come with a goal in mind that you want to get to. And then it's |
| 0:26.4 | just about figuring out how real estate as an asset class can help you get to whatever that |
| 0:30.7 | end goal or destination you're looking to get to. |
| 0:36.2 | Hey, everybody. In this week's episode, I got to sit down with Tyron McDaniel to discuss his |
| 0:40.7 | background and career, his work in inner city Houston, and his thoughts on making housing more |
| 0:45.6 | affordable at scale. You also learn about Tyron's innovative approach to renovating and developing |
| 0:50.8 | homes, his views on gentrification, and advice he gives to young people based |
| 0:55.1 | on his many years of real-world experiences. Tyran is the owner of Houston Vintage Homes |
| 0:59.9 | and a leader on a mission to build affordable housing for all. I had a blast talking with |
| 1:04.3 | Tyron about his real estate journey, old-school real estate infomercials that we both love, |
| 1:08.8 | why he loves and encourages people to buy what |
| 1:11.2 | he calls old raggedy houses, make sure to check this one out. There's a ton to learn from |
| 1:15.9 | Tyrone in this episode. And so, without further delay, let's get into this week's episode with |
| 1:21.8 | Tyron McDaniel. You are listening to Real Estate 101 by the Investors Podcast Network, where your hosts, Robert Leonard and Patrick Donnelly interview successful investors from various real estate investing niches to help educate you on your real estate investing journey. |
| 1:54.0 | Hey everybody, welcome to the Real Estate 101 show. I'm your host today, Patrick Donnell. |
| 1:58.0 | And with me today is a really special guest. I'm excited to have on Tyron McDaniel. |
| 1:59.3 | Tyrone, welcome to the show. |
| 2:00.8 | Thanks for having me, Patrick. |
| 2:19.4 | I'm looking forward to sharing with you for a little while here. Yeah, I am too. I've been studying you, listened to several of your podcasts, really interested in hearing more of your story. But I wanted to jump in early days, like what it was like growing up for you in Houston in the Fifth Ward. Tell us a little bit about what it was like in your family. I know your dad was somewhat entrepreneurial. |
| 2:18.3 | Talk to us a little bit about what it was like in your family. I know your dad was somewhat entrepreneurial. Talk to us a little bit about your dad, your mom and dad and growing up. |
| 2:24.6 | No, most certainly. Yeah. So great. And it's always interesting when people have done their research |
| 2:29.4 | there. So that's pretty cool. But no, yeah, grew up in what we call the shadows of downtown Houston neighborhood called the Bloody Nickel, AKA Fifth Ward, Home of the Ghetto Boys. For those you may be listened to old school rap in the 80s and 90s, well, 90s actually. But grew up lower middle class is what I would call it. And I didn't. It wasn't into middle school. I realized that we were probably closer to the lower part of middle class than actually being middle class. But, you know, I had a pretty good childhood. I mean, I have fun memories of growing up where I grew up and I grew up. My mom just, you know, took care of kids and, you know, regular little jobs. My dad was an entrepreneur in the transportation |
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