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All Forum Posts by: Kristi Kandel

Kristi Kandel has started 48 posts and replied 351 times.

Post: Development in Islamorada

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Kimberly Parmelee:

How to find an investor to take over a 40 acre development in the keys? The "developer" doesn't know what he is doing and is constantly harassing us. We sold most of the property - platted already to an investor doing a 1031 and we still own part of the property (1.5 lots out of 10). We need a real developer to take over. This should be an amazing luxury development. How do we find someone?

 @Kimberly Parmelee Agreed on finding a commercial broker ideally in Islamorada or Miami who understands development and development in the keys. I help developers all the time and most don't actually know what they are doing BUT if they hire the right team members it works out. 

Post: Real Estate Development in Southern IL, with TIF incentives

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Keith Lanier:

Greetings, Ms. Kristi Kandel, just checking in with you to see if your still in the Development consulting business, and what you have going on in the middle of 2025? It has been a while since I have reached out to you, and I know life brings changes and challenges, so I won't assume anything and just checking to see what you are up to currently. Please reply to me at your convenience.... Hope all is well, make it a great day!

@Keith Lanier FYI if I'm not @ mentioned I won't see the comments based on my notification settings. 

We work with communities to obtain TIF for our projects and our students projects in towns as small as 3000 people. We are by no means the experts as that is a program the jurisdictions coordinate so if your city doesn't understand it you would need to work with them to work with neighboring communities who do so they can learn how to do it. Development is not easy or linear and you typically need to do a lot problem solving to make a deal happen. 

Post: Questions on how to sell my a 1.05 Acre outparcel in a Publix plaza

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Jesse Johnson:

Hello,



I signed up here a while ago but have never posted before.

I want to be descriptive, but not too descriptive in order to not violate the self promotion rule but I need some advice.

  Back in 2021 I bought a 1.05 Acre Out parcel that is located next to a Publix here in Palm Bay, Florida.  The community is called Bayside lakes and it is one of the nicer parts of town.  Upon finding the property, which was undervalued, I immediately listed it with CBRE.  They to agreed that I got a good deal and had appraised it at a higher value.  During the first 2 years of having the property listed with them I had a lot of interest.  Multiple people inquired, 2 were serious, and 1 put it under contract to build a Dunkin Donuts.  That person eventual backed out. My property is on the south west side of the plaza, meanwhile on the the north east side of the plaza, they have built a Starbucks, Advanced Auto, Mavis tire, and another commercial building is currently under construction.  What I had found out was that someone in the same CBRE office was involved in those deals and some of the initial parties interested decided to build over there.  I didn't really like that, and i understand that there's other factors such as ADT and certain requirements from franchises, but it kind of left a bad taste in my mouth.  So when the next listing agreement was up, I switched to have the local group that sold me the property as my broker.  Upon doing so I quickly realized that they are not really doing much to push this property, communication is a fraction of what I got from CBRE, in fact after signing the listing agreement with them, i hadn't heard anything for 4 months until i reached out.  When having the conversation about "are you sending out email blast to your client list?"  and "what strategies do you have to sell the property"  first answer was asking me to reduce the price.  The Starbucks was built on an 1 acre lot and the lot sold for $840,000.  I was asking $600,000 for my 1.05 and on the brokers request lowered the price to $575,000.  Which in my mind makes it makes it look like the value proposition is price only.  I don't like that.  Admittedly I am a novice, but I have a good real estate attorney on retainer, and have a good business skill set.  What should I do to get this property under contract?  Do I need to reach out to national vendors myself?  I feel like that's the brokers job.  Do I need to contact a land planner?  My listing agreement with the local company is up at the end of June.  Is it better to go with national brokers with a bigger list of buyers?  Any feedback would be appreciated.

couple quick details about the property

was previous purchase for $575,000 in 2009 by a company that was going to build a carwash on it.

site plan for carwash was approved by city.

Zoning is PUD, approved for commercial use as well as medical, or office.

is allowed to share the drainage and retention of the Publix plaza.

Thanks

 @Jesse Johnson Check out Beth Azor (google her). She's in South FL. 

Post: Giving Back to a Community Through Your Real Estate Development Skills

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Jaycee Greene:

๐Ÿค Some of the best real estate investors donโ€™t just flip homes or build portfolios, they re-build communities and lives.

๐Ÿ› ๏ธ They take abandoned homes and turn them into safe places for families
๐ŸŒฑ They bring life back to neighborhoods that others wrote off
๐Ÿ“š They create spaces for small businesses, nonprofits, and neighborhood services.

Theyโ€™re not just chasing cap ratesโ€”theyโ€™re using their development skills to give back, one property at a time.

As a former Director of Lending at a CDFI, I exclusively financed the acquisition and rehab of 2-4 MF and small apartment buildings that overlooked by local banks and credit unions.

Nearly all my clients had 1 of 3 things in common (many had all 3) that motivated them to complete their redevelopment project, they either:
1๏ธโƒฃGrew up in the area,
2๏ธโƒฃStill attend church nearby, and/or
3๏ธโƒฃHave a family member that still lives in the neighborhood

And hereโ€™s the thing:
โ†ฉ๏ธThese impact-minded investors still make a solid return, often with Equity Multiples over 3.0x. But they measure success in more than just dollarsโ€”they also measure it in lives changed, neighborhoods restored, and futures brightened.

โšกItโ€™s proof that real estate can be more than a means of building personal wealthโ€”it can be a catalyst for an entire community.

๐Ÿ“ฃDo you know a developer whoโ€™s making a difference in their community? Share their story below.

 @Jaycee Greene exactly that. Those are the stories we spotlight on our podcast Local Real Estate Developers. They are longer holds in smaller communities but the impact and purpose are the driving factors instead of profit only. Then the locals watching step up and start taking on other projects and the ones with capital reach out to the people doing the things and help with the equity on the deals. It's awesome to watch and sharing the stories helps to inspire locals in other communities to do it too. Main Street > Wall Street. 

Post: Webinar Replay! Build What Matters: Mindset Shifts for Aspiring Local Developers

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188

I thought I was pretty dialed but I walked away from todayโ€™s webinar with a handful of new technics to implement and Iโ€™m stoked to see the results!

Watch the full recording: https://localdeveloper.kartra.com/videopage/mindsetshifts



Summary

Kristi Kandel from Local Real Estate Development hosted Christine Knapp, a mindset coach, who discussed the importance of mindset, positive focus, and clear vision for aspiring real estate developers. Christine Knapp detailed brain priming techniques, embodying successful developer traits, goal setting strategies, the value of celebration, and the role of accountability in achieving success. Participants learned practical methods to cultivate a success-oriented mindset and overcome obstacles in their development journeys.

Details

  • Webinar Introduction Kristi Kandel, founder of Local Real Estate Development, welcomed attendees to a webinar focused on mindset shifts for aspiring developers. Kristi introduced Christine Knapp, a transformational mindset coach, as the guest speaker for the session.
  • Christine Knapp's Background Christine Knapp shared their background, explaining how their experience developing franchise owners for a magazine led them to focus on mindset coaching. Christine discovered that having the necessary tools for success wasn't enough; a proper mindset was crucial for taking action. This realization prompted them to obtain coaching certifications and utilize a neuroscience-based approach to help people overcome obstacles and act on their goals.
  • Mindset and Focus Christine Knapp emphasized that success in real estate development starts with one's mindset, illustrating this with the example of noticing a specific car model everywhere after considering purchasing it. This highlights the reticular activating system in the brain, which focuses on what we consciously pay attention to. Christine cautioned against the brain's negative bias, which can lead to focusing on past failures and hinder future action.
  • The Power of Positive Focus Christine Knapp stressed the importance of pausing negative thoughts and intentionally imagining positive outcomes. They asserted that individuals have the power to influence their success by controlling their thoughts. Christine normalized the experience of getting stuck and encouraged attendees to consciously shut down automatic negative thoughts.
  • Creating a Clear Vision Christine Knapp underscored the necessity of having a clear vision, comparing it to a map for the brain. Just as a map guides a driver, a clear vision activates the reticular activating system to find the necessary pathways to achieve goals. Christine announced a handout would be shared to help attendees craft their "why," their core motivation.
  • Understanding Your "Why" Christine Knapp explained that people are often motivated by purpose beyond just money. They encouraged attendees to consider what money will create for their family and the positive impact their projects will have on the community. Getting clear on these "whys" is the first step in overcoming negative self-talk. Kristi Kandel agreed, noting the resilience a strong "why" provides during challenging long-term development projects.
  • Brain Priming Techniques Christine Knapp introduced the concept of a "brain prime," a way to wire neural pathways to support one's vision. This involves writing out the vision like a movie script, engaging all five senses and describing it in the present tense. Recording and listening to this vision in the morning and at night can help the brain believe the desired outcome is a reality.
  • Embodying Developer Traits Christine Knapp discussed the importance of embodying the traits of a successful local developer, such as being vision-driven, resourceful, and persistent. She recommended creating "I am" statements that describe both existing strengths and areas for development to reinforce a success-oriented mindset. Christine explained the "be, do, have" philosophy, encouraging individuals to first adopt the mindset of a successful developer.
  • Overcoming Obstacles with Brain Priming Christine Knapp addressed common obstacles like lack of experience or fear of failure. She advised creating positive "I am" statements to counter these negative thoughts and build confidence. Kristi Kandel highlighted the transformative power of these simple yet effective techniques. Christine noted that the field of neuroscience, which supports these methods, is relatively new.
  • Goal Setting and Action Planning Christine Knapp emphasized the need for goal setting, breaking down annual goals into quarterly, monthly, and ultimately weekly and daily actions. She shared a "sticky note method" for tracking weekly actions, providing a visual representation of progress and creating a sense of accomplishment. This method helps shift focus from the tasks yet to be done to the progress already made.
  • The Importance of Celebration Christine Knapp stressed the significance of celebrating every win, no matter how small. Celebration reinforces to the brain that stepping outside the comfort zone is positive. Kristi Kandel related this to the common fear of looking stupid, and Christine suggested using brain priming to build confidence in such situations. Kristi shared a personal anecdote about using a smile to reframe feelings of nervousness into excitement for growth. Christine explained the neurological connection between smiling and feelings of happiness.
  • Accountability and Community Support Christine Knapp highlighted the crucial role of accountability in achieving goals. She suggested finding accountability partners or groups to share goals and progress. Kristi Kandel emphasized the value of the Local Real Estate Development community for sharing challenges and successes, normalizing the learning process, and providing mutual support. Kristi also mentioned their podcast as another resource for learning from others' journeys.
  • Motivational Quotes and Next Steps Christine Knapp shared several inspiring quotes about success. Kristi Kandel affirmed the power of belief and consistent action in creating one's future. Christine then briefly discussed their coaching programs and offered a free 30-minute session to webinar attendees. Kristi Kandel encouraged attendees to ask questions and thanked Christine for their insightful presentation .

Post: 5/15 @ 3pm EST - Build What Matters: Mindset Shifts for Aspiring Local Developers

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188

๐Ÿšจ New Webinar: Build What Matters ๐Ÿšจ

Got an idea that could transform your town, but not sure how to make it happen?

Join us for ๐๐ฎ๐ข๐ฅ๐ ๐–๐ก๐š๐ญ ๐Œ๐š๐ญ๐ญ๐ž๐ซ๐ฌ: ๐Œ๐ข๐ง๐๐ฌ๐ž๐ญ ๐’๐ก๐ข๐Ÿ๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐€๐ฌ๐ฉ๐ข๐ซ๐ข๐ง๐  ๐‹๐จ๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ž๐ซ๐ฌ with special guest Christine Knapp, Transformational Mindset Coach.

๐Ÿง  This isnโ€™t your typical real estate training. Itโ€™s about shifting how you think, what you believe is possible, and how you show up to build what your community truly needs.

โœจ In just 45 minutes, youโ€™ll learn:
โœ… Why your ๐˜ญ๐˜ฐ๐˜ค๐˜ข๐˜ญ ๐˜ธ๐˜ฉ๐˜บ is the key to lasting impact
โœ… How to think like a developer (even if youโ€™re just starting out)
โœ… Simple steps to move from idea to real momentum

This is for the builders, visionaries, and changemakers ready to take that first bold step without drowning in overwhelm.

๐Ÿ“… May 15, 2025 | 3:00 PM EST
๐Ÿ”— Save your spot and start building what matters! https://www.linkedin.com/events/buildwhatmatters-mindsetshif...

Post: How Would You Recommend Securing Funding to Purchase Land & Build a Small Apartment

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Lee Johnson:

Iโ€™m in the early planning phase of a real estate development project and would love your insight and guidance.

Iโ€™m looking to purchase land and build a small apartment complex consisting of 1 to 10 units, with a mix of layouts:

  • 1-bedroom, 1-bath lofts with in-unit washer/dryer
  • 2-bedroom, 1-bath apartments with in-unit washer/dryer
  • 3-bedroom, 2-bath units with washer/dryer hookups

The vision is a modern, efficient design targeting working professionals and small families, ideally in a growing urban/suburban area with strong rental demand.

As a first-time developer, Iโ€™m trying to figure out the best path to secure funding for:

  1. Land acquisition
  2. Construction costs
  3. Soft costs and contingencies

Iโ€™m open to various financing options, including hard money, private lenders, construction loans, JV partnerships, or even syndication if that makes sense at this scale.

So my main questions are:

  • How would you recommend structuring financing for a project like this?
  • Would lenders be more willing to work with me if I had a general contractor lined up?
  • Are there programs or lenders that cater to small-scale multifamily new construction for first-timers?
  • Any creative strategies youโ€™ve seen work well in similar situations?

I appreciate any feedback, suggestions, or experiences youโ€™re willing to share especially from those whoโ€™ve built from the ground up.

Thanks in advance!

โ€”Lee J.

 @Lee Johnson Hey Lee! I've been a developer for nearly 20 years. Happy to connect if you'd like and discuss your project idea! 

Post: Multi family and single family units

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Scott Blake:

Looking to JV with someone for both Multi Family and Single-Family units. I am a GC, Developer and real estate broker. I am ramping up builds in the Western NC mountains. A portion of the Single-family homes can be used for investment short term or long-term rentals. We have a lot of people relocating to the area. They need rentals while I build the homes. I have a couple rentals myself but most of my capital is used for the new construction of homes and future phase infrastructure. The multifamily development is new, and we are scheduling for the horizontal work for phase 1. It will be a mix of multi and single. Information available for serious principals. Feel free to check out our website.

 @Scott Blake hey fellow developer here. Happy to connect and see if anything is a fit! 

Post: What's the Highest and Best use of this property?

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Account Closed:

There is a property which is an old single family home that needs major renovations.(it's just outerwalls, roof, windows and doors) The property is within 1/4 mile from a major intersection, it borders the city limit(it's just outside) and commercial real-estate, which are fast food chains and a small local shopping center. The land can be connected to the Commercial Plaza or kept private with the native greenery and size of the lot. I'm faced with doing an analysis to determine the highest and best use and what the financial demands of all my options would be. What factors, calculations, and analysis should I do to determine this?

 @Account Closed I'd recommend a combination of connecting with a commercial broker to get their insights, talking with the city officials (planning + economic development), and maybe an architect to see what could actually fit on the property (aka what size building with setbacks and height). It's a lot of discovery phase right now. 

Post: New Investor and Aspiring Developer in Miami, FL

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 374
  • Votes 188
Quote from @Ian Motta:

Hi all, my name is Ian Motta and I am a 22 year old recent college graduate looking to begin my real estate journey in Miami, FL.

I have been interested in real estate investment and development for a long time and would love to pursue this now and in the long term. I am looking forward to meeting people on this site as they share a similar passion for real estate and wealth building. 

Right now I want to equip myself with as much knowledge about Miami real estate specifically but also larger real estate investment and development topics since I am young and have a lot of ambition. If there is anyone who can help point me in the right direction as far as the best place to start, educate myself, and how to get involved in real estate circles please let me know and reach out to connect at any time! 

Currently I am reading as much as I can on this blog and researching everything I can find on the internet. I have a solid foundation of knowledge that I intend to build upon and utilize as I move forward and take on my first investment project. 

I am looking forward to hearing from the community here!

Thanks

 @Ian Motta Hey! A fellow developer here over in Fort Myers Beach. Happy to connect as well!