On this throwback episode of the Impact Real Estate Podcast, we revisit our conversation with Jerrod Delaine, the Director of Development at Carthage Real Estate Advisors, LLC. Jerrod is also an adjunct professor in New York University, teaching students about real estate development.

In this episode, Jerrod talks about the difference between affordable housing and market rate housing, how he landed his first real estate job after NYU, how to make it in the real estate business, the importance of networking and setting yourself apart from the rest, and some practical wisdom for young people venturing into real estate.

QUOTES

“Figure out how you stand out, because you’re competing with every kid from UPenn, Princeton, Harvard, MIT - they’re all trying to get the exact same job you’re trying to get. How can you stand out?”

“[Real estate] is a relationship business. You have to go out, you have to meet people. You’ll never know where that new deal is going to come from.”

MENTIONS

National Realty Club

JERROD’S RECOMMENDATIONS

Rich Dad, Poor Dad by Robert Kiyosaki (book)

I Will Teach You to be Rich by Ramit Sethi (book)

CONNECT WITH JERROD

LinkedIn

SHOW NOTES

[0:00:59.9]  About Carthage Real Estate Advisors

[0:01:39.1]  How Jerrod ended up working in real estate

[0:05:29.7]  Going back to school to learn about real estate development

[0:07:32.2]  How knowledge in legal documents can help you as a real estate developer

[0:08:52.3]  The importance of having a legal adviser

[0:12:48.0]  Finding out what makes you stand out among your peers

[0:13:23.3]  How Jerrod landed his first real estate job after school

[0:14:31.7]  Networking is a must in the real estate business

[0:17:10.9]  About Carthage properties

[0:18:26.4]  Difference between affordable housing and market rate housing

[0:20:38.2]  Advice for young people in the real estate business

[0:22:27.5]  Jerrod’s mentors

[0:24:00.6]  Jerrod’s recommended books