AIJ043: A 9 Million Dollar, 48 Unit Ground Up Development on His Very First Deal - with Michael Wayne
The Lead Sponsor - Real Estate Investing Through Syndications and Funds
English - March 09, 2020 12:00 - 52 minutes - 35.8 MB - ★★★★★ - 55 ratingsInvesting Business Entrepreneurship david robinson real estate investing apartment investing multifamily investing apartment syndication multi-family syndication cashflow investing multifamily apartments Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Michael Wayne walks us through his very first commercial real estate deal where he took over a ground-up multifamily development project in Detroit Michigan. He shares how he found the deal and worked through the various challenges he faced along the way to bring it to a successful close.
If you have some limiting beliefs about age or lack of experience, Michael's story will help you break those.
About Our Guest:
Michael Wayne is a 24-year-old multi-family developer and investor. He is the co-founder of Detroit Riverside Capital, who specializes in ground-up developments in suburban downtown areas across south-east Michigan.
Michael grew up in an extremely entrepreneurial family where topics like payroll and return on investment were frequently discussed at the dinner table. Before getting into real estate, he founded, grew, and sold a number of businesses to-date; and now he hopes to continue to grow Detroit Riverside Capital, along with his partner Alec Harris, into one of south-east Michigan's largest and most well respected real estate development and investment firms.
Connect With Our Guest:
email: [email protected]
Instagram: @mikee_wayne
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