Scott Choppin - 22.66% IRR From A Housing Innovation; A Day in the Life of a Real Estate Developer

5 Talents Podcast - How To Build Wealth Through Real Estate

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3y ago 54:50

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The daily lives of a real estate developer and investor have some overlaps, but there are key differences that distinguish them from each other. Scott Choppin, Founder of the Urban Pacific Group of Companies, will walk us through his journey as a real estate developer and talk about a new housing innovation called Urban Town House, from which they have a historical internal rate of return of 22.66%.

Let’s jump into the episode and listen to the daily life of a real estate developer!

[00:01 - 07:24] Opening Segment

Who is Scott Choppin?
His path to real estate

[07:25 - 22:12] Setting Yourself Apart From The Rest

Why entrepreneurial skills should be learned early
- Scott explains
The difference between a real estate developer from an investor
How he makes himself different from other developers

[22:13 - 36:44] Creating Stories with Social Impact

Scott talks about his approach in real estate development
How Scott discovered what he calls a “social impact story”
Don’t miss Scott’s tips to choose your market

[36:45 - 43:02] Finding Networks of Capability

What are “networks of capability” and why should you know it?
GET A FREE ebook from Scott
- Link below
Connect with Scott. Links below

[43:03 - 52:14] Starting in Real Estate Successfully

Real estate developer or real estate investor?
- Scott will help you choose
Should you be an intern for free?
- Scott weighs in

[54:15 - 54:50] Closing Segment

Final words from Scott and me

Tweetable Quotes:

“Get a mentor, be an intern, or do a joint venture.” - Scott Choppin

“Learn from other people’s mistakes...avoid your own.” - Scott Choppin

Resource mentioned:

Apartments.com
Craigslist
Zillow
CoStar
LinkedIn article: 6 Ways to Build a Career in the Real Estate Development Business
Michael Blanc
Cutco

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Connect with Scott on LinkedIn, Facebook, Twitter, and Instagram. Visit The Urban Pacific Group of Companies to learn how Scott’s team implements the Urban Town House innovation!

FREE ebook from Scott here.

Guest email: choppin@urbanpacific.com

Connect with me:

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