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

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

Publish Date: 2020/11/5
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>The harder the problem, the bigger the reward... and <strong>real estate developers</strong> who can solve <strong>affordable housing</strong> problems can do very, very well.</p><p>Enter today's guest, <strong>Evan Holladay</strong>, who reached <strong>1,300 units </strong>before the age of 30 through a combination of focus, relationship-building, and a deep understanding of the <strong>rules of the game</strong>.</p><p>In this high-level episode, you'll learn how Evan and his team apply <strong>creative financing </strong>techniques to multimillion dollar projects; how they takes advantage of <strong>tax credits and grants </strong>and put together <strong>public-private partnerships</strong>; and why <strong>patience and persistence </strong>can lead to huge profits in the development game.</p><p>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 <em>thinking</em> like a big-time <strong>investor, strategist, and leader</strong>.</p><p>In This Episode We Cover:</p><ul>
  • 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

    Check the full show notes here: http://biggerpockets.com/show414

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