In this episode of the Build Better Blueprint, Christian Cardamone interviews Darren Christensen, the owner of Mod Mod, a prefab manufacturer focused on creating affordable housing solutions. Darren shares his journey from real estate investor to construction innovator, emphasizing the importance of efficiency and quality in building practices. He discusses the challenges of the affordable housing market and how Mod Mod aims to provide sustainable, long-lasting homes. The conversation also touches on the potential for growth in the boutique hotel sector and the future expansion plans for Mod Mod. In this conversation, Darren Christensen shares his innovative strategies for property development, focusing on modular units and the potential for profitability in the hospitality sector. He discusses his goals for expansion, the importance of community and accountability in personal growth, and the challenges of navigating financial obstacles. Darren emphasizes the significance of investing in oneself and the power of relationships in achieving success. He also expresses his willingness to support others in their journeys toward financial independence and real estate development.
Takeaways
Darren started in real estate as an investor in 2007.
He transitioned to ground-up construction after facing challenges with existing homes.
Mod Mod focuses on prefab homes for affordable housing and hospitality.
Efficiency in construction can lead to significant cost savings.
Darren emphasizes the importance of quality materials in building.
The boutique hotel market presents new opportunities for real estate investors.
Affordable housing must also consider infrastructure costs.
Darren's approach includes minimizing waste and maximizing material usage.
The future of Mod Mod includes franchising and nationwide expansion.
Darren encourages aspiring entrepreneurs to find land near metropolitan areas. You can either have RV spots or modular units.
The key is getting a piece of property that cashflows.
High occupancy rates can lead to significant profits.
Investing in amenities can enhance profitability.
Minimizing housing costs can lead to financial freedom.
The best investment is in yourself and your growth.
Money is a multiplier, not the ultimate goal.
Surrounding yourself with the right community is crucial.
Accountability can drive you to achieve your goals.
Helping others can be a fulfilling part of your journey.
