LA's ED1 Explained: How LA's New Policy Fuels Affordable Housing │ Terry Harris & Andrew Slocum

🤔 Ever wonder what basketball players focus on to give back to their communities every day? Terry Harris (@terryharris15) former professional basketball player, traded alley-oops for architectural plans, slam dunks for groundbreaking ceremonies, and turned his hustle into building millions of square feet of affordable housing. 🏡🏀 Terry Harris and Andrew Slocum's (@andrewrslocum) stories are about grit, passion, and a deep-seated desire to change the game, both on and off the court. From navigating the G League grind on a $35,000 salary to spearheading a $60 million affordable housing project, Terry's journey is an inspiring blueprint for anyone who dares to defy limitations.In this podcast conversation, you'll:• Witness Terry's mindset shift from the courts to the concrete jungle, including exactly what books he read to acquire his education!• Discover the secrets and strategies behind building massive affordable housing developments.• Get a behind-the-scenes look at Terry and Andrew's development projects with ACTUAL numbers for a real case study in the affordable housing industry.• Feel the impact of Andrew and Terry's work as they transform communities and breathe life into the dreams of families in need.This is more than just a story about basketball or real estate. It's about changing the narrative, defying expectations, and proving that anything is possible when you have the drive and the heart to make a difference.So, grab your hard hat, lace up your hustle, and get ready to be inspired!Click here to watch the full video and learn the secrets, challenges, and triumphs of affordable housing development in this captivating episode. DM us "Affordable" on IG @InvestWithKentHe if you want to be invited to our free Affordable Housing community full of real estate investors!https://kenthe.steadilypartner.com/ - Please support our Affordable Housing Podcast & Channel by getting a FREE Insurance quote for your rentals from our referral link (my partners saved ~$1,200 recently via Steadily). Please make sure you are comparing the right coverage limits for savings! DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, 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.#affordablehousing #realestate #realestateinvesting #cashflow #section8 #nonprofit #doinggood #workforcehousing #determination  #GameChanger #RealEstateSuccess #AffordableHousingHero00:00 Sample Highlights02:33 Intro 03:43 From G League to Real Estate Triumph: Going from $35K to selling a $320K Flip! 05:37 How One Book Ignited Terry's Real Estate Empire 07:25 From Fix-and-Flips to Full-Blown Builds: How a Terry's Passion grew into Development13:15 How the Right Partners Elevate Your Development Game 16:59 ACTION = Foundation for Any Successful Partnership!19:11 What technical skills did you develop, and how did you transition from basketball to acquiring knowledge about development? 21:43 LA's ED1 Initiative EXPLAINED: Unlimited Density? Faster Approvals!25:21 How Long Does Each Development Stage Take For Approvals?28:37 Where do issues usually pop up, like neighbors trying to put a stop to your project? 30:12 How ED 1 100% Initiative in Los Angeles Shaves YEARS Off Your Development Timeline 34:33 What challenges or problems have you encountered during this project? 36:30 What waivers are allowed in LA's ED1 Initiative for Development?45:26 Do Good While Doing Good: How a $41M Affordable Housing Project Delivers 165 Units Worth $60M+49:26 Why do you think Affordable Housing is so hard to solve for?