What does it take to go from lending your first dollar to developing landmark projects? In this episode of Real Estate Development: Land to Legacy, Chris Robison reveals the journey from hard money lending to building major developments and creating generational wealth through real estate. Chris shares his firsthand stories of triumphs and hard-learned lessons in a conversation packed with insights on risk, reward, and the complexities of real estate development.
Chris breaks down his approach to evaluating projects, managing investors, and overcoming the hurdles that come with large-scale developments. You’ll also hear about his involvement in iconic projects like Tacoma’s 307-unit apartment building and the historic Rosario Resort on Orcas Island. Whether you’re an investor, developer, or someone curious about how to build lasting wealth in real estate, this episode offers valuable knowledge straight from the trenches.
Chris Robison is a real estate developer and investor with over two decades in the industry. Starting in mortgage lending, Chris soon moved into private lending and real estate development, where he now oversees significant projects. Through his company, Empower Investing, he partners with retail investors to fund and develop long-term real estate ventures. Notable projects include the Tacoma apartment building and the historic Rosario Resort. Chris is committed to empowering individuals to build wealth through real estate while navigating the challenges of development.
Chapter Outline with Timestamps:
00:52 - Chris Robison’s Background in Real Estate
Chris shares his 20-year journey, from mortgage lending to becoming a real estate developer with major projects under his belt.
01:35 - The Journey into Hard Money Lending
Chris discusses how he became a hard money lender, how it differs from traditional lending, and how to evaluate real estate projects.
07:56 - First Real Estate Investments
Chris talks about his first property purchase and the early challenges he faced as a young investor.
10:58 - Transition to Real Estate Development
Chris explains his shift from lending to developing properties, focusing on long-term wealth-building strategies.
17:17 - The Mount Bay Project
Chris discusses the vision and scope behind Tacoma’s 300+ unit development, Mount Bay, and how the project is progressing.
21:20 - Exciting New Ventures: Rosario Property
Chris shares his experience acquiring and redeveloping the historic Rosario Resort on Orcas Island.
22:15 - Investing in Orcas Island Real Estate
The unique opportunities and challenges of developing real estate on Orcas Island, and why the location is special for Chris.
22:51 - Robert Moran’s Legacy
Chris talks about Robert Moran, the original owner of Rosario Resort, and how his legacy continues to inspire the development
27:39 - Expanding the Resort
The long-term vision for Rosario Resort, including plans to add more lodging and event spaces while maintaining its historical charm.
30:37 - Empower Investing: Partnering with Retail Investors
Chris explains how Empower Investing partners with retail investors to finance large-scale real estate projects and provides opportunities for people to invest passively.
32:48 - Navigating Real Estate Investments
A discussion on how real estate investors can benefit from creative financing strategies like 1031 exchanges and self-directed IRAs.
39:28 - Challenges and Lessons Learned
Chris shares some of the biggest challenges he’s faced in his career, including dealing with city regulations and unexpected project delays.
• Website: www.empowerinvesting.net
• Email: [email protected]
Please contact [email protected] to become a guest on this show.