On this episode of HyperFast Wealth, Dan and Sunil share a completed project that is currently under contract. This quality product was delivered despite the challenges of this unique time. Hear why the investors, developers, and clients are happy with the end result of this project so you can replicate this success story.
Episode Highlights:
- Dan and Sunil feel proud that they delivered this quality product during COVID-19.
- Many people thought completing this project during the pandemic would be a disaster, but none of that happened.
- The unit above this one went under contract right away. This one took a few weeks longer. Despite the challenges of this time, it still sold.
- Sunil speaks to how you never really know. It was shaping up to look like a great spring market pre-COVID. You just can't predict things like that.
- Sunil shares his philosophy on delivering a quality product at the right price in the right place.
- If you're delivering the right product at the right price in the right location, there are buyers out there.
- Investors in this project are excited to be getting money since they invested it in this project and not in the stock market.
- They are able to deliver the 15% preferred return that their investors signed up to get.
- They proudly provide a passive investment opportunity to investors.
- If you want to see what this property looked like before, this was one of the first podcasts they shot with Sunil.
- This space has transformed from a dilapidated row home to a beautiful, luxurious condo.
- Look forward to seeing more transformations in the near future!
3 Key Points:
1. If you focus on delivering a quality product at the right price in the right place, there will be buyers.
2. Real estate investing offers a great alternative to investing in the stock market.
3. Quality projects are a win-win for everyone: developers, investors, and clients.
Tweetable Quotes:
- “We delivered it in the middle of COVID-19.” – Dan Lesniak
- “Deliver a quality product, deliver it at the right price, and you're going to be ok.” – Sunil Saxena
- “We offer these passive investment opportunities. We've got a number of them right now.” – Sunil Saxena
- “Overall our investors are happy, we're happy, the clients are going to love it.” – Dan Lesniak
- “The main reason I do all of this is that I love giving homeowners a great place to live.” – Sunil Saxena
Resources Mentioned:
View where the property started HERE
