Episode Summary:
On this exciting episode of the Know Your Why Podcast, we sit down with the impressive Shannon Robnett. With over 25 years of experience in the construction and development industry, Shannon shares valuable insights and lessons learned from her journey. Listen in as Shannon reveals how her childhood experiences influenced her career trajectory, the transition from corporate America to entrepreneurial life, and the critical skills needed for success.
We explore the ins and outs of...
Episode Summary:
On this exciting episode of the Know Your Why Podcast, we sit down with the impressive Shannon Robnett. With over 25 years of experience in the construction and development industry, Shannon shares valuable insights and lessons learned from her journey. Listen in as Shannon reveals how her childhood experiences influenced her career trajectory, the transition from corporate America to entrepreneurial life, and the critical skills needed for success.
We explore the ins and outs of ground-up development and how to create solutions by understanding the needs of people and creating a budget that attracts individuals to the project. Shannon shares her experiences with multifamily and industrial projects, the process of reverse engineering projects, and the significance of establishing relationships with banks and general contractors. Also, we delve into the process of obtaining entitlements and zoning for projects and the importance of de-risking.
The episode continues as we navigate the world of industrial buildings, exploring how they offer advantages to landlords, tenants, and investors. Shannon shares valuable insights about industrial tenants and multifamily tenants, their needs, budgets, and leases. As we round up the episode, Shannon expresses her passion for helping investors understand how to achieve financial freedom and the power of turning a hobby into a tax savings. Tune in for a truly enlightening conversation!
Shannon's Bio:
With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners.
Get in touch with Shannon:
Website: https://shannonrobnett.com/
Linkedin: https://www.linkedin.com/in/shannonrobnett/
Instagram: https://www.instagram.com/shannonrayrobnett/
Facebook: https://www.facebook.com/shannon.robnett.1
Episode Chapters:
(0:00:00) - Know Your Why Podcast Shannon Robnett shares her experience in construction, transition from corporate to entrepreneurial life, and the skills needed to succeed.
(0:09:44) - Ground-Up Development Shannon Robnett shares her experience in ground up development, creating a team, reverse engineering projects, budgeting, building relationships, and obtaining entitlements.
(0:18:39) - Real Estate Development Risks and De-Risking De-risking is important, leveraging the timeline, avoiding change orders, labor and material shortages, and experience.
(0:25:55) - Industrial Real Estate Leasing Advantages We examine industrial buildings, tenants, traffic patterns, multifamily tenants, leverage, and interest rates.
(0:36:03) - Financial Freedom Through Education and Real Estate Helping investors achieve financial freedom, real estate investing, and networking for success.
(0:41:12) - Value and Inspiration in Real Estate Turning real estate investing into tax savings to achieve financial freedom with industrial buildings and tenants.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
