Understanding Construction Contractor Costraints with Eugene Gershman

Unlocking Real Estate Development: From Land to Legacy with Eugene Gershman

Join host Emma Powell as she welcomes real estate development expert Eugene Gershman to the show. Together, they dive into the intricacies of real estate development, sharing personal experiences, industry secrets, and practical advice for both novice and experienced developers. Eugene, in matching sweaters with Emma, discusses the importance of healthy conflicts in construction projects, the challenges of working with contractors, and the nuances of securing both retail and institutional investors. He also sheds light on the step-by-step process of partnering with landowners and navigating the complex world of development finance. Whether you're an active developer or a passive investor, this episode offers valuable insights into the dynamics of real estate development and the journey toward achieving a passive income lifestyle.

Bio:
Seasoned business executive with nearly 20 years of experience in real estate and construction. Eugene’s expertise ranges from finance to technology and he prides himself on his ongoing search for innovation and growth. Eugene’s deep understanding of market dynamics helps oversee every project proformas and budgets in order to satisfy every investor’s appetite. Working with our broad network of professionals, Gershman brings together unique project financing structures and partnerships.

Connect:
https://giscompanies.co
https://privateequity.dev

Connect with Emma:
https://InvestWithEmma.com
https://Highrise.Group
https://PartnerWithRise.com/Emma

00:00 Introduction and Welcome
00:13 Meet Eugene Gershman
00:22 Understanding Passive Income
01:09 Emma's Background and Connection to Bellevue
02:46 Eugene's Journey into Real Estate Development
04:56 Challenges in Real Estate Development
06:58 The Importance of Experience and Teamwork
10:57 Balancing Costs and Quality in Construction
13:53 The Role of Communication in Development
17:28 Learning from Past Experiences
26:08 Advice for Aspiring Developers and Investors
29:25 Understanding Construction Risks
30:12 Minimizing Investment Risks
31:43 The Importance of Diversification
33:52 Focusing on Development Projects
35:02 Navigating the Development Process
37:47 Financing and Fundraising Strategies
47:09 Institutional vs. Retail Investors
53:47 Personal Financial Journeys and Passive Income
56:33 Podcast and Networking Insights