Most investors don’t consider ground-up development when considering new investments. However, it can be a way to provide affordable housing, make a profit, and become an integral part of the community. Today’s episode of Zen and the Art of Real Estate Investing features Dale Willis, owner and founder of Centra Capital Partners. Dale builds entire single-family home communities from tip to tail with his affiliates, partnering with accredited investors. With more than 30 years of experience in the business, Dale has watched it evolve from the days before the Internet to the implementation of technology in nearly every aspect. Jonathan and Dale begin their conversation by delving into Dale’s first exposure to real estate when he worked in construction at just 18 years old. He shares why he’s always been interested in single-family assets, why he thinks foreclosures are ripe for the picking right now, and how he evaluates the markets where he invests. You’ll hear why money is made at the buy, the process Dale uses for locating land for development, and the job loss that caused him to start his own company. Jonathan and Dale explore how to create affordable housing, the challenges Dale faces in finding a solution, and the appeal of brand-new homes versus pre-built ones. Finally, they share where the greatest opportunity is to make a difference while working as an investor. Dale Wills is committed to providing affordable housing opportunities in the communities in which he invests. He offers a compelling argument for why this works well for both investors and buyers. In this episode, you will hear: Dale Wills’s first exposure to real estate at 18 years old when he was working in constructionHis interest in the single-family asset class and when he purchased his first propertyWhy Dale is recommending people go after foreclosures right nowThe markets where Dale is investing and the criteria he uses to evaluate themMaking money at the buy and why every deal has riskLocating land and properties for development and redevelopmentWhat prompted Dale to build his own real estate business following a job loss and the biggest changes he’s seen over the yearsCreating affordable housing and the challenges Dale’s company is facing to find a solutionThe difference between building rentals and homes for saleWhy Dale doesn’t use model homes and the appeal behind a new homeWhere the greatest opportunity is to make a difference while investing Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/204/ to download it. Supporting Resources: Centra Capital Partners - centracapitalpartners.com Centra Capital Partners on YouTube - www.youtube.com/@CentraCapitalPartners Find Centra on Facebook - www.facebook.com/CentraCompanies Centra on Instagram - www.instagram.com/centracompanies Connect with Centra Companies on LinkedIn - www.linkedin.com/company/centracompanies Centra on Twitter/X - x.com/CentraCompanies Find Dale Wills on Twitter/X - x.com/dalerwills Connect with Dale on LinkedIn - www.linkedin.com/in/dalerwills Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
