Deal Junkies - A Real Estate Podcast

Episode 165: Raising Monmouth Avenue Cottages with Kelsie LPJ


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🎙️ Welcome to the Deal Junkies Podcast – the ultimate resource for real estate investors. Hosted by four experienced investors who’ve closed over $500 million in transactions, this podcast is packed with strategies and stories to help listeners build wealth and scale their portfolios.

We’re back with investor and developer Kelsie LPJ, who returns to unpack the full story behind MAC (Monmouth Avenue Cottages), her 15-unit cottage cluster development in Oregon.

Originally planned as a duplex and fourplex, this project evolved into a thoughtfully designed micro-community. In this episode, Kelsie breaks down the key elements of raising MAC:

  • How the original vision expanded into a full-scale development

  • The zoning, design, and permitting challenges she navigated

  • Her capital stack strategy and what it took to secure funding

  • Lessons learned from leading every part of the project as a woman developer in a male-dominated industry

    This is the real, unfiltered play-by-play of what it takes to build something from the ground up, and the mindset you need to carry it through.

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