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Strategies for Succeeding in Commercial Development | Tanner Webster
Manage episode 399704972 series 3428450
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In this episode, our guest, Tanner Webster, shares his journey. Tanner discusses how he learned the ins and outs of real estate development through hands-on experience, flipping houses, working for a developer, and then taking the risk on his first ground-up development project.
Listeners will learn Tanner's strategies for raising capital from investors, navigating the development process, and why he is targeting Class B/C industrial real estate today.
Highlights of this episode:
00:00 Intro
01:09 How did Tanner Webster get into real estate?
03:21 The first deal in 2019
05:56 Cold calling and learning from a real estate developer
13:14 Starting his first ground-up project
18:45 Real estate development and financial strategies
20:57 The benefits of Freddie Mac SBL loan
23:22 Closing a $4.3 million renovation deal in cash
29:28 The best way for people to start out
32:13 Developing land for commercial uses
36:47 Industrial real estate development
45:09 Tanner giving back through his podcast
48:25 Go out and be willing to fail
Interested in chatting with Tanner? Connect with him on LinkedIn: https://www.linkedin.com/in/tanner-webster-76b182193/
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