JF2861: Navigating the Complexity of LA Property Development ft. David Coe

<p><span style="font-weight: 400;">David Coe began his real estate career fixing and flipping houses with his wife, leaving his corporate job behind so that he could spend more time with his family. After managing his way through the Great Recession, he doubled down by getting more involved in the real estate investing community, eventually getting involved in syndications as both a passive investor and general partner.</span></p> <p><span style="font-weight: 400;">Today, David is a developer at Capital Stack Investments, runs a residential real estate team, and works as an active realtor. In this episode, he discusses the complexity that comes with developing properties in the Los Angeles market, why he considers it a niche, the toughest lesson he’s learned when it comes to construction, and his advice for evaluating deals.</span></p> <p><strong>David Coe | Real Estate Background</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Real estate investor and developer at Capital Stack Investments, which puts together syndications for infill new construction projects in Los Angeles, CA.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">GP of:</span></li> <ul> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">182 units across five properties</span></li> </ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">LP of:</span></li> <ul> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">8+ deals</span></li> </ul> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Los Angeles, CA</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://capitalstackinvestments.com/"><span style= "font-