Ryan is a trust and estates attorney. He represents entrepreneurs, families, and financial institutions with a primary focus on shouldering his clients’ problems and helping them achieve their objectives. On this episode, Ryan and Chris discuss:➡️ the 6 Basic Estate Planning Documents➡️ how parents can set up plans for their children➡️ succession planning for family businesses➡️ using trusts in PE investmentsWe'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyAdditional Resources👉 Baker Heath👉 Contact Ryan: 817.769.2745👉 Email Ryan: Ryan@bakerheath.com👉 The 6 Basic Estate Planning Documents Deep Dive Videos👉 Estate Recommendations based on Net Worth➡️ Fort Capital: https://bit.ly/FortCapital➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: https://bit.ly/3BYIjcH➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The Fort on YouTube: https://bit.ly/3oynxNXTimestamps(00:03:27) Ryan’s background and career(00:05:15) The 6 Basic Estate Planning Documents(00:08:10) Planning parents can do for their young kids(00:15:27) When you should be revisiting your plan?(00:17:53) Are there any functions within a trust that kick in before a child becomes an adult?(00:19:03) What happens when a beneficiary is incapable of managing money?(00:22:52) Handling planning when you have multiple children(00:30:01) Succession planning for businesses(00:46:26) Adjusting plans when a loose cannon marries into the family(00:53:00) Planning at different levels of net worth(01:02:06) Money by surprise scenarios(01:07:01) Controlling from the grave(01:11:03) Scenarios when you’re worth >$100 million(01:13:48) Transferring Real Estate(01:17:38) Twitter Questions(01:20:47) Using Trusts in PE Investments(01:23:27) Vertical Slicing for Fund Managers--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

Dupree Scovell is the managing partner and chief investment officer at Woodbine Development Corporation, a full-service real estate company that specializes in hospitality. He got his start in the hotel business at the age of 16, working as a dishwasher at Hyatt Regency Dallas. In 2011, Dupree joined Woodbine and expanded its footprint with the opening of a West Coast office in Los Angeles before returning to Dallas in 2019. Currently, he and his brother, King, work together as managing partners to lead the team, cast vision, and provide strategic direction for the company. Dupree is also responsible for Woodbine’s acquisition platform and capital markets efforts, as well as overseeing Woodbine Legacy Investments, a private equity fund dedicated to the acquisition and development of upscale select-service and full-service branded and boutique hotels throughout the United States.On this episode Chris & Dupree discuss:➡️ the impact of our fathers and great mentors on both of us➡️ Woodbine's Story and history➡️ how Woodbine invests and creates world-class experiences➡️ current market insightsWe'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyAdditional Resources👉 Woodbine👉 Dupree on LinkedIn➡️ Fort Capital: https://bit.ly/FortCapital➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: https://bit.ly/3BYIjcH➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The Fort on YouTube: https://bit.ly/3oynxNXTimestamps(00:03:05) Dupree’s Background and Career(00:06:11) Lessons learned playing for Mike Leach(00:10:20) The role apprenticeship plays in the success(00:13:12) Fatherhood Lessons(00:31:50) Buying a business from your father(00:36:16) Woodbine and the Hunt Family(00:40:11) Experiences raising from Family Offices(00:49:38) Woodbine’s Approach to Hospitality(01:01:15) Setting prices and booking practices(01:05:40) Thinking differently about Hospitality(01:12:33) Thoughts on Office(01:17:29) Full-Service operations & Food and Beverage(01:21:44) How do STRs play into the whole picture?(01:33:34) Thoughts on the market(01:26:53) Closing advice--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

Bob Knakal, Head of NY Private Capital Group @ JLL, shares insights on his $24B business, development in NYC, and market discussions. Topics include prospecting in real estate, cold calling, mapping development sites, bidding wars, financial crises impact, repurposing buildings, and strategic land investments in Manhattan for future prosperity.

Brett is the CEO and Co-Founder of New Story, an organization pioneering market-driven solutions to end global homelessness. Brett is a Y Combinator graduate, and New Story was named among Fast Company’s “Most Innovative Companies in the World” four times in the last five years. New Story aims to bring life-changing housing solutions to 1M people by 2030. Brett is also a Co-Founder of Hometeam Ventures, a venture capital fund focused on housing innovation.On this episode, Chris and Brett discuss:➡️ the massive scale of inadequate housing➡️ how New Story is not only building homes, but creating housing markets➡️ taking a non-profit through Y-Combinator➡️ how to approach raising capital as a non-profitWe'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyAdditional Resources👉 New Story👉 Brett on Twitter👉 The Builders Program➡️ Go here to save $500 on your Re-Convene Tickets!➡️ Check out RE Cost Seg➡️ Fort Capital: https://bit.ly/FortCapital➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: https://bit.ly/3BYIjcH➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The Fort on YouTube: https://bit.ly/3oynxNX(00:05:08) Brett’s career leading up to New Story(00:14:10) What is inadequate housing?(00:16:08) What happens when you introduce a more stable way of living for these families?(00:18:56) Experiences at Y Combinator(00:23:36) Finding problems behind the problems(00:27:21) Where New Story operates and how they develop housing markets(00:36:33) Does your approach change when you enter different markets & cultures?(00:38:28) Why is the issue of adequate housing growing?(00:39:40) Who is in charge of the architecture?(00:41:09) Is any of what you’re doing applicable to the United States?(00:44:05) What are the other benefits of creating a market like this?(00:47:34) How would you advise entrepreneurs wanting to get into the non-profit space?(00:51:27) How should someone do due diligence on a non-profit before giving them money?(00:55:25) How do you approach raising money for philanthropy?(00:59:48) Is there any replacement for people who don’t have the means to do missionary trips?(01:02:37) What’s the best way for people to learn more?newstoryhomes.org--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

Wilkie has served as the Chief Executive Officer of Contango Oil & Gas since 2018. Prior to Contango, he was employed by Goff Capital, the family office of John C. Goff, from 2007 until August 2018. Mr. Colyer was responsible for the firms’ energy investing and has held a material role in public and private investments in sectors including financial services and real estate, among others.On this episode, Chris & Wilkie discuss:➡️ lessons learned working for John Goff➡️ story of buying and becoming CEO of Contango➡️ how they find value in oil & gas assets➡️ why all energy resources are criticalWe'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyAdditional Resources👉 Wilkie on LinkedIn👉Contango Oil & Gas👉Goff Capital➡️ Fort Capital: https://bit.ly/FortCapital➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: https://bit.ly/3BYIjcH➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The Fort on YouTube: https://bit.ly/3oynxNXTimestamps(00:02:18) Wilkie’s career, investment philosophies, and learning under John Goff(00:18:19) Acquiring Contango and becoming the CEO(00:32:07) The Mission of Contango(00:35:58) Acquiring Whitestar at the 11th hour(00:57:03) Crescent(01:14:52) Thoughts on the Fossil Fuel industry(01:21:57) Where do you see supply coming from going forward?(01:26:52) Is there any technology in Upstream that’s on the horizon?(01:29:38) When you’re looking at a business investment opportunity, what sticks out that gets you excited?(01:34:14) What were some biggest takeaways while working under John Goff?--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyScott Everett founded S2 Capital in 2012 to acquire multifamily Real Estate. In the past 11 years as CEO of S2 Capital, he has built a Real Estate investment company that has transacted on $10B of multifamily assets totaling 45,000 units and 3 operating companies that generate annual revenues in excess of $400M with over 600 employees. This is Scott's second appearance on Fort, if you want to hear his first episode, you can do so here.On this episode, Chris and Scott discuss:➡️ reflecting on Scott's fixed rate debt claims➡️ capital markets & slowing rent growth➡️ bear market predictions➡️ S2's strategy going forwardAdditional Resources👉S2 Capital👉Scott's First Appearance on Fort➡️ Go here to save $500 on your Re-Convene Tickets!: https://bit.ly/3MGFEJl➡️ Learn more about Better Pitch: https://bit.ly/42d9L0I➡️ Learn more about Juniper Square: https://bit.ly/45yiYUq➡️ Fort Capital: https://bit.ly/FortCapital➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: https://bit.ly/3BYIjcH➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The Fort on YouTube: https://bit.ly/3oynxNXTimestamps(00:06:25) Reflecting on last year: Fixed Rate Debt(00:13:51) Factors creating deal flow in Multifamily(00:16:36) Capital Markets(00:21:57) Slowing Rent Growth(00:23:29) Equity and lending in the next 24 months(00:27:11) What are capital providers wanting to see in the next year?(00:33:31) Debt markets(00:34:40) A Bear-ish market prediction(00:44:35) What metrics matter to you the most?(00:50:19) S2’s strategy going forward(00:55:47) What kills growth markets?(01:00:22) Is the sun belt still the place to be?(01:02:02) How are you thinking about pacing your capital deployment?(01:06:16) How are you leading your company in this environment?(01:08:40) How are you thinking about AI?(01:12:31) How do you generate deal flow that isn’t acquiring assets?(01:16:31) What’s your approach to development?(01:18:49) What will consume your days over the next 10 years?(01:22:33) What do you envision S2 looking like in 10 years?(01:24:26) Why Scott left Twitter--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyJoe Pohlen is the Founder and Partner of Cardinal Senior Management, an assisted living company operating facilities in Michigan and Pennsylvania.This is Joe's second appearance on The Fort, if you'd like to hear round 1, you can do so here.On this episode, Chris and Joe discuss:➡️ Family dynamics and American culture towards how we treat our elders➡️ Why assisted living has been in decline since 2017➡️ Joe's ideas to improve assisted living long term➡️ Discussion on the current market and what he expects in the next few years➡️ Cardinal's recent sale and how they'll structure the company differently going forwardAdditional Resources👉 Live Cardinal👉 Joe on Twitter➡️ Go here to save $500 on your Re-Convene Tickets!➡️ 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/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTubeTimestamps(00:04:54) Why is there a decline in care quality within Assisted Living?(00:07:04) Why is the government trying to push people out of Nursing homes?(00:09:46) Why is it so much harder for elderly people to be obese?(00:11:16) Joe’s first day in Assisted Living - Showering the elderly(00:18:45) Why are we seeing fewer people entering the industry?(00:23:06) What can the everyday citizen person do to help our elderly population?(00:26:58) How are your planning on leveraging Cardinal to radically change Assisted Living?(00:46:16) How would you structure a long-term hold?(00:52:50) Are there any national brands in this industry?(00:54:03) How much scale do you need to justify a back-office?(00:58:34) How would you begin to attack expenses and operational issues in the day-to-day?(00:59:50) What happens when a tenant can’t pay rent?(01:00:42) Are there any state or federal support options to help residents?(01:01:46) Are there ways to design buildings in a more efficient way?(01:03:20) Are people waiting longer to move into Assisted living?(01:03:58) Are there any lingering effects of Covid?(01:05:16) Why are you only in PA and MI?(01:06:00) Are there any states you wouldn’t go into?(01:08:45) Who is the ideal investor for Cardinal?--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyGabe is responsible for all aspects of the investment process including deal origination, due diligence, financing, investor relations, dispositions, and refinancings. Gabe works closely with the Head of Renovations on building repositioning and the Chief Operating Officer on asset management and property management. Gabe believes that a deep understanding of market and economic fundamentals are key to pricing real estate assets and leverages his 25 years of investment analysis to understand and forecast the risks and cash flows of investing in metro Denver real estate.Gabe has led more than $50mm of multi-family investments in metro Denver, across more than 500 apartment units in Denver, Lakewood, and Aurora. Gabe is also the co-manager of over $25mm of multi-family investments (164 units) in Los Angeles.On this episode, Chris & Gabe discuss:➡️ His investing principles➡️ What he learned from years on Wall Street➡️ Why he chose sub-institutional MF➡️ How he underwrites opportunities and creates value➡️ Current market discussion and Tekton's plans for the futureAdditional Resources👉 Tekton Group👉 Gabe on Twitter➡️ Go here to save $500 on your Re-Convene Tickets!➡️ Learn more about BetterPitch➡️ 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/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTubeTimestamps(00:00:00) Intro(00:05:02) Gabe’s background and career on Wall St.(00:08:33) Investment principles developed on Wall St. and in Real Estate(00:15:29) Don’t fight the FED!(00:25:58) Only play winnable games(00:33:02) Making the jump from Wall St. to Real Estate(00:36:44) Sourcing deals(00:41:14) What a great deal looks like for Gabe(00:51:02) Creating value on assets(00:57:03) Finding a great 3rd party manager(01:00:49) Unit renovations and turnover times(01:04:14) Landlord horror stories(01:12:29) How are you positioning your company for the next three years?(01:21:51) Syndications and Funds--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyKelcey Lehrich is the Co-Founder and CEO of 365 Holdings. 365 Is a vertically integrated owner and operator of consumer product brands focused on eCommerce.On this episode, Chris & Kelcey discuss:➡️ How they look at investing in niche e-commerce businesses➡️ Why they've chosen shared services hold-co structure➡️ The current eCommerce market➡️ Deep dive into two of their businesses (cloth diapers & good for preppers)Timestamps(00:04:14) Kelcey’s background and 365 Holdings(00:05:14) What does shared services mean?(00:06:39) Acquiring the first eCommerce business(00:07:09 How do you think about your role in the organization?(00:08:12) What’s happening in eCommerce right now?(00:09:44) What happened in your eyes when Apple and Facebook went at it in the Ad space?(00:10:43) What are the best ways to market online today?(00:11:44) What caused the end of the ‘Covid bump’?(00:12:41) What goes through your mind when you want to buy a business?(00:14:00) The business of cloth diapers and emergency food(00:21:41) What have you learned about structuring a deal?(00:22:57) Amazon: A Necessary Evil(00:25:37) What’s your goal for these 9 businesses?(00:26:56) What happens when you sell a business?(00:28:46) - Are the big 3 in eCommerce gaining more dominance?(00:31:06) AI in eCommerce(00:31:57) What type of HoldCo do you run and how would it differ from others?(00:37:10) Why do you have manufacturing here in the US?(00:39:42) How is the business capitalized?(00:41:17) HoldCo Conf(00:53:28) TwitterAdditional Resources👉 Kelcey on Twitter👉 365 Holdings👉 HoldCo Conf➡️ Visit RE Cost Seg for a free proposal to see your potential tax savings➡️ 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/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyLevi Benkert is a proven innovative business leader with 20 years of experience in strategic real estate-related business development. Levi founded Harbor Capital, a private equity firm focused on industrial real estate in Texas. Levi has leveraged his skills to identify unique opportunities, maximize growth, raise capital, and create a lasting vision for companies that he has founded and led. Levi has bought, managed, and developed over $450M in real estate properties in his career.On this episode, Chris & Levi discuss:➡️ Lessons learned during the 2008/2009 Great Financial Crisis➡️ Story of moving to Ethiopia to build an orphanage and several businesses➡️ Why he chose to focus on Class B Industrial throughout Texas➡️ How Harbor underwrites deals and structures their real deals➡️ Discussion on current real estate marketLearn more about The Fort Podcast by going to https://www.thefortpod.com/Timestamps(00:04:44) Levi’s career in home building through the GFC(00:22:06) Building an orphanage & 4 different businesses in Ethiopia(00:33:40) Building Harbor Capital with a focus on Class B Industrial(00:36:06) Levi’s focus within Class B Industrial(00:46:21) Doing a deal in Katy, TX that ended up being next to the Tesla Factories(00:52:02) Insights on the Houston & San Antonio markets(00:56:07) “Buy, Refi, Die.” - Long-term holds(00:57:46) Harbor and Fort Capital’s future plans(01:06:36) Harbor’s organizational structure(01:09:30) TwitterAdditional Resources👉 Levi on Twitter👉 Harbor Capital➡️ Get $500 off your ticket to Re-Convene!➡️ Learn more about Juniper Square➡️ Check out The Distribution by Juniper Square Podcast➡️ 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/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!The FORT is produced by Johnny Podcasts