#31 - The Wild West of Commercial Real Estate w. Brant Dumford
Manage episode 375245868 series 3450166
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Our guest today is Brant Dumford. Brant was born in Wichita but currently lives in Derby, KS, and is the owner of a co-working space called The Colony. Brant got his start in real estate investing because he realized at an early age that he didn’t want to spend his whole life doing manual labor like his dad who was a baker and was making 50 cents per loaf of bread. With a first time home buyer tax credit available, Brant acquired his first house at the age of 21 for $80,000 with no money down, no money out of pocket, and walked away with an $8,000 tax credit; that’s pretty impressive for a beginner! From there, Brant has steadily built his portfolio and made many connections in the real estate industry. We’re lucky to have Brant as a guest on our podcast, so tune in and don’t miss a minute of this episode!
In today’s episode, we discuss Brants start in real estate investing, his property management business; his construction company; understanding the time value of money; managing projects through Facebook groups; building partnerships with developers; how to structure creative commercial deals; how he renovated a strip mall; his co-op bakery; the freedom that commercial real estate allows you to have; a full breakdown of one of Brants commercial deals, and so much more!
KEY TAKEAWAY: Commercial real estate can offer you the freedom to make ideas into realities.
Find Brant Dumford:
Facebook: Brant Dumford
Instagram: Brant Dumford
TikTok: @realestateexpress
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Until next time!
83 episode