From CPA to Real Estate Developer: Overcoming Challenges and Seizing Opportunities

This chapter explores the journey of a CPA turned real estate developer, detailing their transition into the industry and the challenges faced during the savings and loan crisis of 1999. The discussion covers the impact of the 1986 Tax Reform Act on real estate values, comparisons to past economic crises, and the speaker's shift in development focus based on market insights. Additionally, the chapter delves into experiences of managing properties, acquiring land, securing construction loans, and partnering for successful real estate projects.