Sep 10, 2021

Title: Cash Flows and Development Risks with Shannon Robnett

Shannon is a real estate developer and syndicator with a principal focus on multifamily and industrial real estate in the greater Boise area. His accomplishments include: involved in the Boise real estate market for 35+ years, 2nd Generation Builder & Developer, and 4th Generation Realtor.  He is involved in over $250MM in construction projects ranging from multifamily, office buildings, and municipal buildings to schools, industrial projects, and mini storage.  Shannon has a history of over $140MM in successful developments and currently has under management over $100MM with a wide range of investors.

Let’s tune in to his story!

[00:01 - 05:50] Opening Segment

• Get to know my guest Shannon Robnett
• “I started young.”
• Shannon shares how he started with real estate with only $500

[05:51 - 13:07] Unique Investing Strategies

• The Two Kinds of Investors
• • Shannon shares his and his dad’s investing approach
  • Clashing approaches
  • Dealing with different people
• HUD 223(f) for Phenomenal Cash Flow
• • Shannon talks about stabilizing and value-add

[13:08 - 28:41] Cash Flows and Development Risks

• The Difference Between Buying and Selling Cash Flow
• • Less Risky Development than Value-Add
  • The Story of an 18-Month Reserve
• Cash flow is convenience
• The Risks in Development 
• • Mitigating development deals with great teams 
•  Why a vertically integrated company is the best company
• Building multifamily during the pandemic

[28:42 - 30:17] Closing Segment

• Final words
• Connect with my guest, Shannon in the links below

Resources Mentioned

• Rich Dad Poor Dad

Tweetable Quotes

“You can’t please everybody with the same thing so get different things for those different people.” - Shannon Robnett

“Development should pay a higher return because you are waiting on your money.” - Shannon Robnett

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Reach Shannon through shannonrobnett@gmail.com, Instagram (Shannon Robnett, Real Estate Run Down), Facebook, and LinkedIn

Listen to his podcast: Real Estate Run Down

Check out his websites: https://www.shannonrobnett.com/ and https://www.myverticalequity.com/ 

WANT TO LEARN MORE?

Connect with me through LinkedIn

Or send me an email sujata@luxe-cap.com 

Visit my website www.luxe-cap.com or my Youtube channel

Thanks for tuning in!  

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