Embark on a fascinating exploration of the world of real estate development with our special guest, Reggie Baxter of Center State Development Group. This episode is a goldmine of insights as Reggie, a seasoned industry veteran, shares his vast experience in developing subdivisions for national builders. Having successfully developed an impressive 810,000 lots, Reggie's expertise is second to none. 

Join us as we traverse the complex landscape of real estate development, where Reggie shares his unique approach to understanding the needs of landowners and maximizing land value. Hear about his journey transitioning from manual labor to a highly successful developer and the crucial role of finding the right land. We also delve into the intriguing influence of Florida's orange industry on landowners and the housing market.

In the final part of our discussion, Reggie introduces us to his successful strategy for creating beneficial transactions for landowners. Learn the ins and outs of identifying strategic partners and service providers through relationship building. With a passion for creating connections, Reggie has made it his mission to ensure landowners get the best possible outcome from their transactions. So, sit back, relax, and prepare to be enlightened on the intricacies of real estate development.

Crack the code of real estate investment with our esteemed guest, Eric Strom, from Iron Ridge Capital. With an impressive track record of executing 16 projects with a whopping return average of 31.4% per year, Eric unveils his secret weapon - investing in multi-family properties. Learn from Eric as he enlightens us about the safety net these assets can provide while offering higher returns.

It's not just about investing; it's about investing right. Eric and I dive into the core strategies of land acquisition and the art of reading market timing. Ponder over the ramifications of the government's spending spree, the Federal Reserve's balance sheet, and a zero interest rate policy. Eric explains how these factors combine to present a golden opportunity to buy properties, and why his focus has now shifted towards existing structures rather than development.

Lastly, we paint the broader picture of long-term growth and creating opportunities for financial relationships. Eric shares his insights on how to structure deals, emphasizing the importance of building relationships in the industry. He talks about 'last and first out capital,' and the significance of a fair, firm, and consistent system. Get a glimpse of the strategy on creating a fund to capitalize on distressed situations, identifying the right buyers, and the vital role of diversifying investments and stress-testing deals. Strap in for this enlightening conversation with Eric Strom, a must-listen for anyone interested in growing their wealth through real estate investing.