In today's climate of supply chain issues and labor cost hikes, being vertically integrated is a one-way ticket to being successful in a time that can be devastating to smaller businesses. Today on the show we have real estate powerhouse Steven Ludwig, who's vertically integrated and has purchased over 1.2 billion dollars worth of real estate in Southern California. In this conversation, Steven shares his top renovation strategies and details the most important things he looks for, as well as some interesting insider perspectives on the current and future state of the market. The listener will also hear the tantalizing story of some unexpected windfalls around two value add pieces in his developer's journey, plus some strong advice that he gives to his clients: preplanning may not always be easy, but it's your number one risk mitigation tool right now. Tune in now to hear it all from the man with the asset management superpower of vertical integration!
Key Points From This Episode:
Tweetables:
“We have a unique operational capability that most of our competitors don’t have and we keep that machine doing what it does best.” — @StevenLudwig31 [07:07]
“Having multiple businesses, we pay the price and we receive the benefit.” — @StevenLudwig31 [07:27]
“The blessing is to wake up in the morning and love what you do.” — @StevenLudwig31 [15:43]
Links Mentioned in Today’s Episode:
Coastline Real Estate Advisors
Asset Management Mastery Facebook Group
