Business of Architecture Podcast

553: Creating an 85 Million Dollar Property Portfolio as an Architect Developer with Jonathan Segal

15 snips
Jul 12, 2024
Guest
Jonathan Segal
Jonathan Segal, a pioneering architect turned developer, dives into his revolutionary journey of reimagining architecture through personal project management. He shares his unique design philosophy of blending materials for durability against coastal challenges. Listeners will discover the strategic complexities of real estate acquisition and city planning, along with insights on navigating investor dynamics. With a focus on creativity in urban design, Segal reveals the untold stories behind his stunning waterfront projects and lessons learned in property development.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Start as Your Own Developer

  • Jonathan Segal started developing after a developer told him to stop being just an architect and build his own projects.
  • This blunt advice sparked his transition into architect-developer work starting in 1987.
ADVICE

Hold Rentals, Avoid Condo Risk

  • Hold onto apartments and generate rental income to create sustainable business cash flow.
  • Avoid selling condos due to high litigation risk, especially in California.
ADVICE

Keep Day Job While Starting

  • Don't quit your day job initially; work two jobs to get your first project approved.
  • Stabilize and permit your first project before breaking out as a developer.
Get the Snipd Podcast app to discover more snips from this episode
Get the app