How I Decided to Do Infill Development

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

I saw that a lot of people were building 200 unit projects and other people were buying duplexes, but there was all of these sites around Minneapolis and other cities like that that could fit 50 units or 70 units. It just intuitively made sense to me. I can't go out into a far out city, buy some cornfields and envision how that's going to work. The city is in urban cities is the best place for those types of projects.

Patrick Donley talks with Sean Sweeney about his real estate journey from working as a receptionist in San Francisco to becoming a general partner of Hall Sweeney. His company has done seven ground-up new construction projects in Minneapolis with a total value of over $100 million. Prior to forming Hall Sweeney, Sean worked in acquisitions at Timberland Partners, where he was responsible for opening new markets and acquisitions.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

07:05 - What his early inspirations were for getting interested in real estate.

14:38 - Why starting as a receptionist was one of Sean’s smartest career decisions.

15:59 - How he launched his own firm.

16:53 - How he handled the 2008 Great Financial Crisis.

27:25 - What are the common mistakes people make when networking?

46:09 - Why he chose infill development as his main focus.

46:11 - Where his love for great design developed.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert’s book The Everything Guide to House Hacking.
Rich Dad Poor Dad by Robert Kiyosaki.
Making it in Real Estate by John McNellis.

NEW TO THE SHOW?

Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.