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The Fort - An Entrepreneurship Podcast

Latest episodes

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Jul 28, 2022 • 1h 28min

#233: Josh Young - Founder & CIO @ Bison Interests - The Macro Implications & Big Picture for Energy Markets - A Bull Case for Oil & Gas

Josh Young is the Founder & CIO of Bison Interests.  Josh has built his career concentrating on deep value opportunities for investors. He has over 15 years of experience in investment management, 10 of which were focused on publicly-traded oil and gas securities. Josh became Chairman of the Board of RMP Energy in 2017. After refreshing the board and management team and rebranding the company (Iron Bridge Resources), it was bought out at a 78% premium in 2018. Josh is the author of numerous articles on oil & gas investments and the guest speaker at various energy industry conferences.   He graduated with honors from the University of Chicago in economics. Josh was a management consultant to Fortune 500 companies and private equity firms, and then an investment analyst at a private equity fund. Josh worked as an energy investment analyst for a multi-billion dollar, single-family office, which was nominated as Institutional Investor's Single Family Office of the Year in 2008 On this episode Chris and Josh discuss: A historical overview of energy markets from 2014 - present Macro themes that are emerging in the global energy markets A bull case for oil & gas What it will take to rebuild the oil & gas industry in America Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow Josh on Twitter: https://twitter.com/Josh_Young_1 Bison Interests: https://bisoninterests.com/ (2:11) - Josh’s career and background  (7:38) - How big is the investable universe of companies within Oil and Gas? (9:22) - Where is your focus within the industry? (10:54) - What was happening in the world after the crash in 2014? (20:54) - Are the Saudis the largest producers in the world? (21:18) - What do countries like Iran and Venezuela do with their oil when they are shut out of OPEC? (24:53) - What started happening in the market in 2015? (31:48) - As you think about that period of time, how much of it was driven by a lack of fracking knowledge? (36:25) - Market overview from 2018 through the pandemic (44:43) - How underinvested is the industry today? (52:25) - Thoughts on the ESG movement (1:00:39) - Is there anything on the horizon that the narrative around O&G will change either for the better or worse? (1:03:18) - How much impact is the Russia-Ukraine conflict having on the oil markets? (1:05:51) - What are your predictions for the next 4-5 years? (1:19:37) - Thoughts on the current O&G market The Fort is produced by Johnny Podcasts
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Jul 26, 2022 • 1h 9min

#232: Apurva Mehta - Managing Partner of Summit Peak Investments - Deep Dive Into Current Venture Capital Landscape

Apurva Mehta is the Managing Partner of Summit Peak Investments.  Apurva graduated with a B.B.A in Finance from The George Washington University. From 2001 to 2004, he was a Senior Investment Analyst for Citi Institutional Consulting in Washington D.C, where he focused on asset allocation and manager due diligence for endowments, foundation, and pension funds. From there, Mehta went on to become a VP at Lehman Brothers in the Investment Banking and Investment Management Divisions, focusing on Global Business Planning and Strategy until 2008. For the next three years, Mehta was the Director of Portfolio Investments at the Juilliard School in New York City. For the next eight years, he was the Deputy Chief Investment Officer at Cook's Children's Health Care System in Fort Worth, Texas, where he oversaw the management of the portfolio across all asset classes, including strategic and tactical asset allocation, investment manager selection, manager performance evaluation, and operational oversight. Additionally, he led the buildout of the Private Investment portfolio and spearheaded the Venture Capital program. Moreover, in 2012 and 2013 Mehta was named one of the "Top Forty Under Forty" by CIO Magazine and recognized as “Fresh Talent at the World’s Largest Asset Owners”. He was also named a “Rising Star” of Foundations and Endowments and a “Rising Star” of Hedge Funds by Institutional Investor in 2013. Currently, alongside being a  managing partner at Summit Peak, Mehta is also on the board for Interstride. In this episode, Chris and Apurva discuss venture capital's current market environment and analyze Summit Peak's strategy for investing in Pre-See, Seed, and Series A Managers. They also discuss what will matter for starup's going forward and how valuations will be set, Paypal Mafia stories, and more. Enjoy! Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Apurva on Twitter: https://twitter.com/mehtaaapurva Summit Peak Investments: https://www.summitpeak.com/ (2:32) - What was your experience working at Lehman Brothers in 2008? (6:06) - Apurva’s career and founding Summit Peak Investments (7:40) - How have you chosen to approach Venture? (16:04) -  What qualities do you look for in early-stage investors? (24:07) - What’s happening in the market & VC in your opinion? (39:55) - How often do companies need to renegotiate capital agreements when markets become volatile? (44:54) - Do you predict investors will only look for the most logically profitable businesses going forward? (49:39) - What’s happening in the world of Series-A, Seed, and Pre-Seed investing? (55:25) - What factors would determine a phenomenal seed company in this market?  (58:33) - Thoughts on the PayPal Mafia (1:03:12) - What is your mindset heading into the next 5 years? The Fort is produced by Johnny Podcasts
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Jul 19, 2022 • 1h 5min

#231: Brad Hargreaves - Founder & CEO of Common - Making housing more affordable through co-living and best-in-class property management

Brad Hargreaves is the Founder and CEO of Common, the nation’s leading residential brand that designs and manages multifamily apartments with more than 6,000 residents in over 10 markets across the country.   On this episode, Chris and Brad discuss how co-living works and why it's more affordable, how Common works with owners and developers to drive returns and what makes for a great location/market when deciding to develop co-living. Enjoy! Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Common: https://www.common.com/ Brad on Twitter: https://twitter.com/bhargreaves (2:04) - Brad’s journey into co-living (3:17) - When did co-living get its label and become a true asset class? (4:33) - What does Common do & what is the definition of Co-living? (5:48) - How do your management & lease agreements work? (9:01) - Why are developers approaching you over traditional Property Managers? (10:57) -  - How do you think about designing to separate yourself from other MF developers? (15:29) - What’s the trigger in these jurisdictions that gets you classified into co-living? (17:53) - SRO: Single Room Occupancy dwelling (19:46) - Why are jurisdictions somewhat against co-living? (21:09) - What makes a great market for co-living & how do you decide which markets to pursue? (25:56) - Factors that impact the viability of co-working (30:03) - Understanding the customer (31:38) - What’s your revenue model for a ground-up development? (35:47) - Who is the target customer for co-living? (41:05) - Are you furnishing the co-living units? (43:02) - How does the dynamic of 4 strangers living together work? (47:38) - At what point does management have to get involved in tenant disputes? (49:43) - How much customization can a tenant take upon themselves? (52:09) - How do leases & evictions work? (53:59) - How Common approaches Staffing (55:45) - How do you think about advertising? (56:50) - What are your most common unit configuration and square footage? (57:32) - Thoughts on retrofitting existing structures (1:00:06) - Is there an opportunity for converting office buildings? (1:01:13) - Are there any big needle movers that will have an impact on affordable housing & co-living happening right now? The Fort is produced by Johnny Podcasts
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Jul 14, 2022 • 1h 36min

In Memory of Will Friend - Former CEO of Bisnow. An episode we did together in 2019 that exemplifies what leading a team looks like and many other great lessons.

If there was ever a leader to celebrate it is Will Friend. Chris and Will became good friends over the years and talked frequently about the opportunities and challenges in their business and across the real estate industry. Will was an infectious leader who cared deeply about the success of the people around him. He will be dearly missed. In 2019, we were able to record an episode together that is timeless and provides an amazing lesson for us all to learn from. Will was the CEO of Bisnow, an online real estate publication and event firm, where he implemented an incredible culture through Bisnow’s Mission, Vision, and Values. Will and Chris discuss the journey of becoming the CEO of a company and why there's no "step-by-step" process, company structure as a family versus a team, why it is important to love what you do, and Chris reflects on this conversation and his role at Fort Capital. Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ (01:50) — Will’s Journey Before Bisnow, Growing Up in the UK, The Desire for the American Dream, and Moving to America (09:23) — The Journey to Becoming a CEO at 27 Years Old (16:50) — How do you see your experience as CEO so far? (19:33) — What did you expect to be part of the role as CEO that actually are not? (22:22) — Level Up Talent (23:20) — How can you know if you’ll keep the role? How do you evaluate yourself and the organization? (24:10) — Team vs. Family (26:40) — Were these values already set or was it an “ah-ha!” moment? (31:05) — Deciding on a Vision and Values for Bisnow (40:50) — How do you make your Vision and Values a habit? (46:15) — Are these open to be debated and changed? (47:54) — How is a private equity buy-out a learning experience for everyone? Is this the right thing for everyone? (52:40) — What do private equity firms do for family-owned businesses? (53:04) — 3 Failures That Changed the Way Will Thinks (1:00:50) — How does culture affect a company’s bottom line? (1:04:00) — Hitting a Sales Mark (1:08:50) — What does it take for an issue to make it to your desk? (1:12:42) — What is it like to run a sales team? What makes a successful salesperson? (1:16:46) — What do you say to people who are not doing what they love? (1:19:49) — What advice would you give to your 21-year-old self? What is your favorite interview question? (1:27:20) — How Chris Critiques Himself and What Makes a Company's Mission, Vision, and Values Work The FORT is produced by Johnny Podcasts
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Jul 12, 2022 • 46min

#229: Wes Mabry - Cost Segregation Studies in RE and why they're a beautiful thing

Wesley Mabry is an experienced Cost Segregation Consultant with over 15 years of experience in the industry across a wide range of asset classes. Mr. Mabry founded 1245 Consulting in 2017 and services all of the United States. Wes has performed thousands of Cost Segregation Studies analyzing over 8 billion dollars of real estate improvements throughout the United States. His experience includes working closely with Accountants, CPAs, EAs, REITs, Corporations, Partnerships, and individual investors. On this episode, Chris and Wes deep dive into cost seg and how they work, why different asset classes offer different depreciation possibilities and the implications of selling a property with accumulated depreciation through the life of ownership. They also discuss pending legislation and impacts on real estate/cost segs and much more. Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast Follow Wes on Twitter: https://twitter.com/1245consulting 1245 Consulting: https://www.1245consulting.com/ (03:59) - What is a Cost Segregation Study? (05:20) - How is it different from straight-line depreciation? (06:45) - Is there any reason why someone shouldn’t do a Cost Seg? (08:42) - Can you do this on your own or do you need to hire a professional? (09:34) - Can this be done only on investment properties? (09:57) - Do the rules for Cost Segregation vary from state to state? (10:48) - What happens from the day I call you to get a Cost Seg to the day you send me the report? What then do I do with what you give me? (17:01) - An Industrial Deal example for Cost Segregation (20:13) - Are there any materials or components of a building that fall into gray areas? (22:26) - What are some asset types that receive the most benefit from Cost Seg?  (26:24) - Do you want to do a Study before you do improvements to the property or after? (28:23) - What is a recapture tax? (32:47) - What do owners who are long-term holders do once their depreciable amortization schedule expires? (34:23) - Is there any ongoing legislation that people should be aware of? (36:05) - The importance of Land Value (39:39) - Is everything predicated on the year the Study is done? (40:51) - Can you do another Cost Seg to an office building that you convert to residential? (44:03) - Wrap up and final thoughts The Fort is produced by Johnny Podcasts
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Jul 5, 2022 • 1h 31min

#228: Beth Azor - CEO of Azor Advisory - The Shopping Center Canvassing, Prospecting, and Leasing Queen!

Beth Azor is the founder and CEO of Azor Advisory Services (AAS), a leading commercial real estate advisory and investment firm based in Weston, Florida. As its principal, Beth currently owns and manages six shopping centers in Florida valued at over $100 million. She travels the U.S. consulting with, brokering deals for, and training associates in the commercial real estate industry. On this episode, Beth discusses how to drive the most value to a leasing center through leasing best practices, Impulse vs destination tenants, and the best practices for structuring a retail lease from decades of practice. Chris and Beth also chat about what makes the best deal for landlords and a lot more! Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast Beth on Twitter: https://twitter.com/Bethazor1 Beth on Instagram: https://www.instagram.com/bethazor/ Beth on LinkedIn: https://www.linkedin.com/in/bethazor/ (03:07) - Beth’s Career in Real Estate (14:54) - Why was it so tough to bring in talent horizontally? (18:15) - Where did you develop this leadership style? (19:34) - How do you define canvasing & prospecting? (21:48) - Do most tenants already want to expand when you prospect or do you need to sell them on the idea? (22:52) - What are the critical components of an amazing leasing agent? (25:21) - What’s your solution to someone who is afraid to go talk to a stranger? (28:19) - What are the main reasons a tenant is happy where they are or unhappy where they are? (33:15) - Impulse Tenants vs. Destination Tenants (40:53) - What is Dwell Time? (43:14) - “Your leasing competitor across the street is your best friend” (45:53) - What would be a reason you don’t provide TI knowing the leasing agent across the street does? (47:29) - What is Occupancy Cost Ratio? (49:59) - Sales Reporting in Leases (50:58) - Percentage Rent Deals (53:54) - Relocation Clauses (55:51) - Grace Periods to Pay Rent (58:24) - What else have you learned are must-haves in a lease? (1:00:48) - Are there any lease clauses that linger post-covid? (1:03:22) - Why would a great property be okay with a pop-up shop? (1:08:12) - Is there ever a time when a tenant brings too much traffic? (1:10:38) - How does the delivery economy (Uber Eats, DoorDash) impact shopping centers? (1:14:42) - What is the Circular Economy? (16:02) - What gets you to a quick no when you’re buying a property? (18:17) - Do you have tenants on the hook before you develop a property? (1:19:08) - Are you doing Triple Net leases or Gross? (1:19:26) - What are you responsible for as the landlord that is unique to the asset class? (1:20:48) - Is it true that grocery stores pay less rent? (1:20:58) - Why don’t you like CoStar? Are there any online tools that you do like? (1:22:43) - How do you conduct a market survey? (1:24:26) - Why is traffic count so important? (1:25:12) - How do you respond to the media accusations that retail is dead? (1:29:15) - How can people engage with you online? The Fort is produced by Johnny Podcasts
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Jun 28, 2022 • 1h 25min

#227: Mike Boyd - Going Deep on the Business of Family and How Families Can Achieve Multi-Generational Success

Mike Boyd is an Australian Entrepreneur, CEO & Investor. Mike started his entrepreneurial career at age 11 selling lost golf balls and didn’t look back, going on to cofound no less than 7 businesses before the age of 25. Mike is a relentless innovator and is always trying to find new ways to innovate and solve problems using technology. Mike now dedicates a portion of his time to managing investments in alternative assets via the family's investment vehicle, Mudbrick Capital, and running The Business of Family Podcast. On this episode, Chris and Mike uncover best practices for building a successful multi-generational family and discuss the work that goes into planning for a successful family – it takes work! They also chat about how wealth is transferred from generation to generation without creating entitlement and deep dive into how the Founding Generation interacts with Generation 2. Enjoy! Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast (02:41) - Mike’s Background and Career (06:15) - Living and Working Abroad VroomVroomVroom (07:59) -  How did you get into the digital side of entrepreneurship? Yellow sunglasses party guy (12:22) - What are trends are you seeing in travel right now? (15:25) - Did Australia provide some kind of governmental assistance during the pandemic? (16:59) - Mike’s ‘The Business of Family’ Podcast (21:21) - Why is this something your are passionate about? (5:17) - Does 3rd generational wealth ever happen by accident? (29:23) - If wealth usually dies in the 3rd generation of a family, how long does it typically take for the next founder generation to come along? (30:41) - Is the loss of generational wealth solely based on an increased number of members in a family? (34:38) - When a family gets to a size of a public company, do decisions still get made within the family, or are there outside decision-makers at play? (36:57) - What are the mechanisms you’ve seen work or not work when a clash within the family happens? (40:41) - Does the legacy operating business normally come from the founder wanting to pass the business down or from the 2nd generation wanting to take over? (43:04) - What are best practices for first-generation families to do if their hope and desire are for the kids to take over the business? Family Wealth by Jay Hughes Jr. (51:03) - When’s the best time to start telling your children that you’re wealthy? The Family Board Meeting by Jim Sheils (58:16) - Do you include your parents in the family enterprise or are you resetting the culture? (1:02:59) - How do you guarantee that the second generation will fail? (1:06:00) - How have you seen families handle an outlier child that is suffering due to drugs or other problems? (1:10:02) - Generational resiliency through divorce (1:12:25) - What’s the best way to set guidelines for the next generation’s behavior that is tied to an inheritance? (1:12:25) - How important is it that the founding patriarch and matriarch are aligned? (1:14:11) - What are the best practices for introducing your children into your business? (1:17:32) - In a situation with multiple kids who are qualified to be the leader of the enterprise, what do you do? (1:20:07) - What would you recommend for people who want to do this for their own families? (1:22:47) - How can people get in touch with you? The Business of Family podcast thebusinessoffamily.net Mike on Twitter The Fort is produced by Johnny Podcasts
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Jun 21, 2022 • 1h 17min

#226: Barrett Linburg - Founder of Savoy Equity Partners - Real Estate Opportunity Zones 101

Barrett is a founding partner of Savoy Equity Partners and oversees the capitalization and structuring of the company’s investments along with deal sourcing. Born and raised in Dallas, he has spent 17 years in the real estate industry crossing multiple product types and service lines. Barrett started investing in real estate in 2012 and enjoys learning about esoteric strategies which can be implemented to create excellent risk-adjusted returns. He has owned over 1,000 units and specializes in transactions with complex structures such as historic tax credits, opportunity zones, low-income restrictions, as well as the deconversion of fractured condos. On this episode, Barret and Chris deep dive into how opportunity zones work for LPs & GPs, the Tax implications of opportunity zones,  and chat about different types of opportunity zone structures. They also take a look inside a specific project they are working on in Dallas, TX, and much more! Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast CRE Models: https://www.cremodels.com/   (01:52) - Barrett’s Career in RE (07:02) - What was the world like in ’09-’10 when we were just getting back on track? (09:55) - Who were the folks who were still able to borrow during the ’08 crisis? (11:10) - Barrett’s Transition into Buying Deals (15:49) - The Lake Cliff Deal: How Complex Deals Come Together (24:57) - What headaches were you able to avoid with Dallas’ Master Overlay Zoning? (27:14) - How to Develop RE Without Having to be the Developer (30:10) - Now that you own the land and partnered with a developer, what’s your role? (34:08) - What is an opportunity zone? (37:36) - What’s an Opportunity Zone Fund? (43:35) - How long do you have to invest a capital gain into an OZ fund and how long do you have until the capital in the fund needs to be deployed? (50:40) - New Proposed OZ Legislation (53:00) - Do you know if Governors will be able to legislate new OZs in the future? (56:47) - Is everything you’ve bought all listed under one entity? (57:55) - What do you have to do once you’ve acquired a vacant building to get the benefits of an OZ? (1:00:07) - What do you need to do to a piece of land to get the benefits of an OZ? (1:02:19) - What do you have to do once you’ve acquired a decrepit building to get the benefits of an OZ? (1:03:56) - What if you already owned property in an OZ before getting a CO, do you qualify? (1:05:25) - What can people do if they’ve already paid their tax and decide they’d rather start an OZ fund?  (1:06:08) - What is the breakeven point from OZ Fund fees and paying the capital gains tax and investing elsewhere? (1:09:52) - How does a GP take advantage of OZ’s? (1:12:02) - The Disguised Sale Rule (1:12:51) - What’s driving the value for your Lake Cliff deal? (1:14:30) - Thoughts on the Dallas Market The Fort is produced by Johnny Podcasts
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Jun 16, 2022 • 1h 22min

#225: Rob Chadwick - Founder of Holdfast Security Group - Best practices for protecting yourself & loved ones

Rob Chadwick, Founder of Holdfast Security Group, a consultation and training company, specializing in helping organizations and private individuals understand how to stay safe in today's uncertain world. Rob recently retired as the head of the Tactical Training Program for the FBI. He started as a police officer in 1994 before joining the FBI in 2001. His first assignment for the Bureau was working against Colombian Drug Cartels in Miami. Following assignments to several other cities, Rob served as an Agent In Charge of Attorney General William P. Barr's protection detail. His final assignment was as Chief of the Tactical Training Unit at the FBI Academy where he was responsible for ensuring the operational readiness of all FBI employees. He has traveled the world providing training for local, state, federal, and international law enforcement officers.  On this episode, Chris and Rob discuss the background story of his career in the FBI and other law enforcement roles. They chat about best practices for securing your home or business, data on criminal activity around the US, and the current state of Law & Order in America. Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast Holdfast Security Group (01:59) - Rob’s Career and Background (05:56) - What’s the difference between the police and the FBI? (8:17) - How the FBI changed after 9/11 (9:32) - How are federal agencies able to gather such massive amounts of intelligence? (12:23) - Is there more physical violence risk or cyber risk in today’s world? (14:16) - Why is it so hard to combat drugs coming over the border? The Fort with Tegan Broadwater (17:11) - What were the core competencies you were teaching in your tactical program at Quantico? (20:15) - Working Security at The Masters in 2021 (25:07) - How Policing Has Changed Since George Floyd The Gift of Fear by Gavin de Becker (35:35) - What should people know about personal security that matters most?  Master Lock Door Security Bar (45:29) - What’s the most common time of day people’s homes are broken into? (47:18) - Do most burglars go in prepared to be violent? (48:45) - How much time is spent in the planning process for burglarizing a home? (50:09) - Where will a burglar usually enter the home? 3M Window Security (52:09) - Do most burglars act solo or work in teams? (53:13) - Who is the clientele who you work with? (58:00) - How do the civil suits around deadly force usually pan out? (1:06:12) - The Anti-gun Sentiment (1:07:56) - What is the biggest deterrence to those who want to break into your home or business? (1:13:55) - The Current State of Policing and Law Enforcement in the United States The Fort is produced by Johnny Podcasts
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Jun 14, 2022 • 29min

#224: Nick Huber + Chris Powers Vol. 2

Part 2 of the exciting webinar session that Nick Huber had with Chris Powers on The Nick Huber Show. They talk about current events, highlights of our acquisition process, the market for GP, and many more! Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast Listen to #209 for Part 1 of this episode Topics: (01:46) - If you were a 25-year-old interested in Small Business, what would you do right now? (03:24) - Acquisition Strategies (09:51) - What’s the biggest mistake you’ve made in the first 12-24 months of your Real Estate career? (14:33) - How have you identified buildings that are likely to sell? (17:54) - What are the 3 highest-leverage activities in your business? (20:05) - How do you want to maximize your impact on the world? (22:09) - How can a beginner in RE buy a property into their no-history LLC? (25:42) - Can the minimum investment be lowered to allow unaccredited investors to invest with Sweaty Startup or Fort Capital? (26:23) - What would you be betting on over the next 10 years? The Fort is produced by Johnny Podcasts

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