Multifamily Development vs Acquisition with Darin Davis

Published: Oct. 7, 2021, 5 a.m.

b"Darin Davis is Principal and Co-Founder of Presario Ventures.\\xa0 He has over 18 years of real estate experience involving acquisition, development, management, and dispositions. In 2002, he founded his first with an initial emphasis on land entitlement, multi-tenant and Class B commercial retail centers. In 2009, Darin co-developed his first multifamily project in Austin, TX. Since then he and his business partners have focused their efforts on the multifamily sector primarily in the Texas marketplace. As a Sponsor and General Partner, he has directly participated in securing over $500,000,000 in debt and equity for acquisition and ground up construction. Darin is experienced in Public-Private Partnerships and HUD-insured loan products. He is an honored alumnus from the University of Oklahoma, and he and his family currently reside in the great state of Texas.\\n\\xa0\\n[00:01 - 04:54] Opening Segment\\nGet to know Darin Davis\\nDarin shares about his life and starting Presario Ventures\\n\\xa0\\n[04:55 - 10:29] Invest in Multifamily Development\\nWhy should you invest in multifamily development?\\n\\u201cWe were losing!\\u201d\\xa0\\nThe Good Side of Investing in Multifamily Development\\xa0\\n\\xa0\\n[10:30 - 31:18]\\xa0 Multifamily Development vs Acquisition\\nResources, Development, Market Downturn, and Costs\\nInflation is the big buzzword now!\\nDarin talks about sensitivity underwriting\\nWhen does debt become your friend?\\n\\u201cThat\\u2019s not us!\\u201d: A Unique Way of Finding Assets and Catering to their Specific Markets\\nWhat is Build To Rent?\\nBTR Costs versus Apartment Costs\\nHere\\u2019s What You Should Do when Evaluating Your Deals\\n\\u201cIt\\u2019s based on them first.\\u201d\\nDarin endorses Tom Burn\\u2019s book, Why Doctors Don\\u2019t Get Rich\\nHow Darin and Tom started their partnership with one another\\nLevelling up Your IRR in Six Weeks\\nWhy Focus on Either Multiple or Cash on Cash\\n\\xa0\\n[31:19 - 41:25] Closing Segment\\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\\n\\nWhat is the best investment you've ever made other than your education?Their team\\n\\nDarin\\u2019s worst investmentNot listening to the people closest to him\\n\\nWhat is the most important lesson that you've learned in business and investing?Building a relationship\\xa0\\n\\nConnect with my guest. See the links below.\\n\\xa0\\nTweetable Quotes:\\n\\u201cWe have so much more control.\\u201d - Darin Davis\\n\\u201cWe put a lot of space between the good and the probable.\\u201d - Darin Davis\\n\\u201cBe actionable.\\u201d - Darin Davis\\n\\u201cAt some point, it\\u2019s okay to say \\u2018no\\u2019.\\u201d - Darin Davis\\n------------\\nConnect with Darin Davis through info@presarioventures.com and LinkedIn.\\xa0 Visit their website https://presarioventures.com/. Grab a copy of Why Doctors Don't Get Rich.\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes"