JF2861: Navigating the Complexity of LA Property Development ft. David Coe

David Coe began his real estate career fixing and flipping houses with his wife, leaving his corporate job behind so that he could spend more time with his family. After managing his way through the Great Recession, he doubled down by getting more involved in the real estate investing community, eventually getting involved in syndications as both a passive investor and general partner. Today, David is a developer at Capital Stack Investments, runs a residential real estate team, and works as an active realtor. In this episode, he discusses the complexity that comes with developing properties in the Los Angeles market, why he considers it a niche, the toughest lesson he’s learned when it comes to construction, and his advice for evaluating deals. David Coe | Real Estate Background Real estate investor and developer at Capital Stack Investments, which puts together syndications for infill new construction projects in Los Angeles, CA. Portfolio: GP of: 182 units across five properties LP of: 8+ deals Based in: Los Angeles, CA Say hi to him at: capitalstackinvestments.com Capital Stack Investments’ Instagram David’s Instagram LinkedIn Best Ever Book: Ninja Selling by Larry Kendall Greatest lesson: Real estate is a people business, not a property business. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com Learn more about your ad choices. Visit megaphone.fm/adchoices