The Money Mindset Mentoring Podcast
Steve Hamoen covers sales and marketing mastery to overcoming challenges, scaling through team development, and harnessing the power of mentorship for rapid growth.
Eco-Friendly Multifamily Development and Wealth-Building with Ali Nazarian
Steve Hamoen and Ali Nazarian address common mistakes developers make in multifamily property development, emphasizing the importance of careful planning and execution. They discuss eco-friendly building practices, highlighting government incentives and retrofit processes for energy efficiency. The episode explores electrification and the economics of the MLI Select program, offering an overview of this initiative and typical developer errors. They delve into construction management, the trend of vertically integrated developers, and the leadership and vision required for successful integration. The conversation concludes with advice on starting in multifamily development and wealth-building strategies.
Key Points
- Government incentives and programs, such as the MLI Select, offer better financing options for developers who focus on building energy-efficient and eco-friendly multifamily properties.
- Planning and integrating sustainability measures from the outset is crucial for developers to qualify for incentives and avoid costly adjustments mid-construction.
- Vertically integrated development firms, while potentially more efficient and aligned, face challenges in maintaining a steady flow of projects to keep their in-house teams fully utilized.
Chapters
| 0:00 | |
| 0:24 | |
| 0:57 | |
| 1:29 | |
| 3:39 | |
| 7:38 | |
| 11:45 | |
| 19:29 | |
| 25:22 | |
| 28:25 | |
| 29:40 |
Transcript
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