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Join me, Nik (https://x.com/CoFoundersNik), as I interview Clint Murphy (https://x.com/Iamclintmurphy), a high-profile influencer and CPA turned home builder. Clint shares his incredible journey from working at KPMG to becoming a CFO at a top real estate developer in Western Canada, and now stepping out on his own as an entrepreneur in home building.
Discover why Clint chose home building, dive into the economic dynamics of residential real estate development, and learn about the regulatory and capital challenges involved. We also explore the business model of home building, the gearing of capital structures, and Clint's future goals for his new venture. The episode wraps up with Clint discussing his passion for copywriting and the crucial role of building investor trust through effective communication.
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This week we covered:
01:45 Clint's Journey into Home Building
06:58 The Challenges of Real Estate Development
10:54 Navigating Capital and Partnerships
18:35 Scaling Up: Project Sizes and Revenue
20:04 Understanding Real Estate Sales and Closings
20:43 Deposits and Financing Strategies
25:26 Sales Process and Marketing Tactics
29:29 Financial Engineering and Profit Margins
33:05 Goals and Future Plans
34:56 Rapid Fire Questions and Closing Thoughts
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