#591 Bringing Efficiency to Real Estate: The Benefits of Vertical Integration

Real estate investor and developer Mike Kaeding is the CEO of Norhart Inc, a multifamily development firm based in Minnesota. Mike and his team are on a mission to dominate the multifamily industry by delivering the best construction cost-to-value! He and his team are transforming the way apartments are built and managed by incorporating technologies and efficiencies that have revolutionized other industries, and lead to high-quality, cost-effective projects.

Quote: 

We have the mentality of, “We’re faced with a challenge. How do we solve it?” We’ve just kept doing that over and over again over the years.

Highlights:  

03:02: Improving inefficiencies in the construction industry

08:12: Learning to be scrappy to cut costs

13:31: Mike’s mission to solve housing affordability and the challenges of scaling up

16:36: The impact of rising interest rates on developers and property owners

18:06: Mike’s long-term goal of improving the way people live

20:45: Avoiding rent control regulations in Minneapolis

Website:  https://www.norhart.com/

Recommended Resources: 

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
  • Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Review and Subscribe

Subscribe with iTunes
icon_stitcher