17 Acres: How to Phase Real Estate Development and Split Responsibilities + Profits - Kristi Kandel

Get ready to witness the incredible transformation of 17 acres into a thriving mixed-income community! Our latest podcast episode of "Affordable Housing & Real Estate Investing," Jen Aintablian (@humanitarian.investor) and I got to interview Kristi Kandel re: an incredible 17-acre development project, showcasing every step of the journey from turning dirt to a thriving, self-sustaining neighborhood with affordable housing. Dive deep into the world of development with us today!🔹 What You'll Learn:- The planning and design process for a large-scale development project- How to look at project and optimize for the highest and best use- How to sequence / phase a construction project- How to split responsibilities within your team- How to split the potential income streams (e.g., equity, development fees, cash flows) in a real estate development project with a real life example!Whether you're a real estate enthusiast, a developer, or just curious about large-scale projects, this video will provide you with valuable insights and inspiration!Blueprint for Local Real Estate Development ($197): https://www.localrealestatedeveloper.com/course-signupLinkedIn is the best way for people to follow what Kristi is doing: https://www.linkedin.com/company/local-real-estate-developers/?viewAsMember=true📢 DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, TAX, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. 📌 All investments have risks. This is not an offer to purchase securities. 📌Check out https://affordablehousing.io to stay up to date on our latest content and project updates by joining our community full of Affordable Housing investors! 👉 Subscribe to the channel for more content on real estate development, affordable housing, and industry secrets!🔔 Don’t forget to like, comment, and share if you find this video helpful or interesting! #AffordableHousing #Development #LIHTC #UrbanPlanning #SustainableLiving #RealEstate #CommunityBuilding #HousingSolutions #Construction #PropertyDevelopment #KristiKandel #project 00:00 Podcast Highlights02:07 Intro05:59 What types of projects are Kristi and her company currently working on? 08:30 What attracted you to affordable housing, and how did you get involved in this space?12:13 What is LIHTC and how do you decide which ones to pursue?13:59 How to Structure Affordable & Market-Rate Units in a Multiphased Development!16:41 How to determine unit mix for a new community during development19:42 How to structure a partnership for a development- Real Life EXAMPLE23:44 Real Life Example Numbers from a Development Project25:04 How Long Does Each Phase In A Development Take? 36:35 What services do they offer through coaching and mentorship?47:09 How is Development SIMILAR across different Cities / Markets?48:58 How/Where to contact Kristi Kandel? 50:08 How/Where to contact Jen?