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S4 Ep.27 | Turning an office tower into 180 units - Office Conversions
Manage episode 442970054 series 3557691
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Ready to turn empty office towers into profit?
Join us as Elliot MacNeil, from Sidewalk Real Estate Development, shares how he’s transforming outdated office spaces into 180-unit residential buildings. Elliot breaks down his journey from the creative industry to real estate development, the wealth potential of office conversions, and why they're better than new builds. Discover the keys to raising capital, spotting the best projects, and tips for getting started in real estate.
Listen to this episode packed with insights to help you tap into the booming conversion trend!
Show notes:
0:44 - Introduction
5:56 - From the creative industry to investing through real estate
11:00 - Where is the wealth creation coming from?
11:39 - How he became a developer
21:02 - The principles of establishing unique and difficult projects
22:38 - The importance of branding
30:44 - Why not residential or new constructions? Why conversions?
34:36 - The ability to raise capital
39:34 - What to look out for in a good potential conversion project?
50:08 - What is his immediate pipeline?
1:08:38 - Advice on people who wants to start real estate
Resources:
CHECK OUT OUR PATREON: www.patreon.com/masterkeyspodcast
The Master Keys Podcast is hosted by Neal Andreino and Chandler Haliburton, two top real estate agents in Nova Scotia, Canada. Neal and Chandler have each built sizable portfolios of investment properties and leverage their expertise to inform their clients as well as viewers. The podcast covers all things real estate from the first steps as a beginner all the way to expert skills for experienced investors.
Please contact us with any questions or suggestions at contact@staxtv.ca
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