Get Creative with Pace Morby
Micro Family Masterclass: Lessons from a Successful Conversion
Welcome to a new episode of Get Creative! In this episode, we dive into the world of micro family real estate investing with Justin Tuminowski, a leader in this innovative strategy. We explore how Justin and his team acquired a unique property in New England, leveraged seller financing, and collaborated with a diverse group of partners to transform the space into a thriving micro family community.
Highlights:
"We're lucky to have you."
"The power of who, not how, and that is my biggest hack”
"Going to add one more thing to that. On that layered cake, they also said, make it right. Do us right. We have more properties for you."
Timestamps:
00:00 Introduction and Initial Setup
01:07 Discussion on Property Acquisition
02:03 Negotiation and Seller Involvement
04:20 Introduction of Financial Partners
07:34 Project Vision and Execution
10:01 Property Details and Construction Progress
13:42 Upper Floor and Premium Units
19:02 Community and City Relations
24:44 Final Thoughts and Future Plans
37:36 Tour of the Property
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