Investing in Real Estate Development with Peter Politis, CEO of Greybrook Realty Partners

We all want more time with family, friends and to engage in a purpose greater than ourselves. The challenge is that we spend most of our time working for money in order to live. Imagine if our money could make us money to live, freeing up our time for these things that matter most. Well we can! Enjoy ‘learning how money makes money’ as each week host Rav Toor interviews everyday people who are making this a reality.

In this week’s episode, Rav interviews good friend and associate Peter Politis, CEO of Greybrook Realty Partners, Partner in Greybrook Capital, and ‘Top 40 Under 40 Most Influential in Canada’ nominee about investing in real estate development. Peter clearly explains how this type of investing works, and why this strategy holds such appeal for him.

Episode Highlights:

The four questions to ask when presented with any investment opportunity
The difference between ‘passive appreciation’ of land value and making a ‘manufacturing margin’ by developing land before selling it
How the partnership between the everyday investor and the developer works and how it can apply to many areas of manufacturing
The importance of working with the highest quality partners and assets, as well as the extensive amount of research that goes into selecting properties
The strategy behind “X Social Communities” and how Greybrook is partnering with Property Markets Group (PMG) to develop these reasonably priced, community-focussed rentals in major cities across North America

Quotes:

“Generally, in business, if you can have the best go to work for you everyday, you have a very good chance of making money.”

“For our investors, we basically try to double their money every 4 - 5 years.”

“It’s really about creating a diversified portfolio for our investors, so they get to choose the project that they’re in.”

“In a nutshell, Peter, his family, Rav, and friends, we buy the land, maybe a few bucks for marketing, the developer comes in, we build something, and generally speaking, we split the profits.”

Links:

Everyday Investor homepage: https://everydayinvestor.com/

Greybrook Realty Partners homepage: https://realty.greybrook.com/

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