“Go and develop those relationships early on, because they're going to be the ones that are going to help you.”

-Michael Wayne

Michael Wayne is a co-founder of Detroit Riverside Capital. He serves as the head of project  management and is responsible for construction management, capital management, and  investor relations for DRC  projects. Prior to co-founding DRC, he served as an associate at Grant Thornton, LLP in their Transaction  Services Group. Michael has a passion for innovating and creating through his love for entrepreneurship. He has  created, funded, grown, hired-for, and sold multiple businesses in industries ranging from healthy  vending to photography. Michael holds a Bachelor’s of Science in Entrepreneurship & Corporate Innovation from Indiana  University Kelley School of Business.

In this episode, Trevor and Michael discuss:

•   What got Michael into real estate investing and how he got started.
•   Ground up development and what it looks like.
•   What made him decide to do a ground up project.
•   The status of the construction industry and the price during the pandemic.
•   What does the financing aspect for ground development look like?