Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kristi Kandel

Kristi Kandel has started 40 posts and replied 284 times.

Post: $197 Local Real Estate Development Course

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153

Hey BP Community! 

My nearly 20-year journey in real estate development and investing has transformed my quality of life, and today I have managed over $450 million in development projects. I'm passionate about sharing my strategies with you so that you can achieve the same financial success that the vast world of real estate development allows AND play a vital part in reshaping your community as a Local Developer!


I promise I'm committed to your success. Checkout my profile and the types of comments I leave in the forums :) 

https://www.localrealestatedeveloper.com/course-signup

Freedom Hacker: Someone who breaks away from society’s norms and succeeds at life on their own terms, creating freedom of time, relationships, money, and purpose.

Local Real Estate Developer: We empower local entrepreneurs and investors to transform underutilized properties into awesome community assets.

Are you a visionary trapped in a W2 or smaller real estate investments, itching to break free and make a real mark? Do you dream about reshaping your hometown, all while building a legacy that touches the lives of your community? We have a solution!

This is our Blueprint for Local Real Estate Development course and provides an exclusive peek into the world of real estate development. I've designed it so that anyone can easily understand the development process after taking this course. We're talking about actionable guidance that'll help you soar from 'maybe someday' to 'heck yeah, right now!'

It's a 4-6 hour self-paced course AND you get 1 month free to our Local Real Estate Developer community when you purchase this Blueprint course! 

Post: 5 Unit Development Opportunity

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Norman Taylor:

I own a 1.6 acre parcel in Grand County just south of Moab, UT. It was approved for a High Density Housing Overlay approving up to 5 units to be developed on this property for low income housing. I am seeking an investor or real estate developer to work with to help develop this property helping folks in our community to get their first home.

@Norman Taylor If you were confident you had the right technical advisors would this be a project you'd want to develop yourself? We wouldn't want to come in and take over the project but we would love to help you do this yourself! 

I have a development and consulting company and last year I launched our Local Real Estate Developer company and courses to teach others how to do it. 

We are really focused on empowering local entrepreneurs and investors to transform abandoned buildings and vacant properties into awesome community assets that benefit all!

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

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Keith Lanier:

Hi Kristi, thanks for the reply? My first question, is what is UW, what is that Acronyms? This is a small town, and I am dealing with the Treasury dept, of this City, they are not sophisticated on the matter, they want the project, however, I will have to get outsiders involved? Any commentary is appreciated....

thank you Ms. Kandel

 @Keith Lanier You'll want to make sure the treasury dept has a firm understanding of the TIF as they will need to be the ones facilitating it. They should have county agencies that can assist them when things are too complex for their current capabilities. UW = underwriting. 

Post: Looking for Developer for Mixed Use

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Shalanda Ajibola:

Hello Kristi, thank you for responding.  Have you done a project in Kansas City, Missouri?

@Shalanda Ajibola I did really small projects with Jiffy Lube in Kansas City years ago. Compared to any CA work it's a walk in the park to get projects entitled and permitted. We do work nationwide on development projects. 

Post: Real Estate Developers

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Steve Kontos:

Hello,

I am reaching out to the BP community to see if anyone has had any good experiences working with a real estate developer in the Eastern side of Tennessee. We have several projects in the pipeline that will require re-development and any help you can provide would be deeply appreciated!

 @Steve Kontos I've been a RE developer for nearly 20 years on commercial, mixed use, industrial, and residential developments. We work on projects nationwide and I'm more than happy to jump on a call to discuss your project. We can also provide some recommendations on how to build your team and how to setup the project for success. I have a development and consulting company and last year I launched our Local Real Estate Developer company and courses to teach others how to be the developer in their community. I'm all about empowering local entrepreneurs and investors to transform underutilized properties into awesome community assets that benefit all.

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

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Keith Lanier:

Hello everyone, I am looking for a seasoned developer to assist me with a project in IL, and very familiar with Tax Incremental Financing? I have been working on this since Jan 2024, this a large project, and currently I am working with the City...If anyone understand the financing strategy, and have a background in Commercial/Residential development, please reach out to me....

thank you!

 @Keith Lanier TIF is a mechanism that the jurisdiction can help you understand and navigate. Unless you're trying to figure out how to incorporate it into your UW? If your UW forms don't have a TIF line you can hire a person or company to help UW your deal. 

Post: Land & Industrial Property or Portfolio Owners

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Account Closed:

I just signed a consultancy agreement with a data center developer who is currently looking to purchase property suitable for data center development within the Commonwealth of Virginia.

Would anyone here currently own 50+ acre raw land or industrial properties be willing to sell to us?

My clients prefer to handle the rezoning themselves.

 @Account Closed might be worth talking to the AHJs too. That could help spur on other ancillary developments and AHJs have specific zoning for where those could go. 

Post: Looking for Developer for Mixed Use

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Shalanda Ajibola:

I am a board member of a non-profit, COPE (Community Outreach Partners for Empowerment).  COPE owns the land and we want to build a mixed-use building on the land (retail, community resource services, and apartments on top).  We are looking at partnering with the city of Kansas City, MO to use space in the building.  We are pulling the team and financing together, so we are looking for a developer preferably in KC and understand KC politics and local development.

 @Shalanda Ajibola I've been a RE developer for nearly 20 years on commercial, mixed use, industrial, and residential developments. We work on projects nationwide and I'm more than happy to jump on a call to discuss your project.  We can also provide some recommendations on how to build your team and how to setup the project for success.  I have a development and consulting company and last year I launched our Local Real Estate Developer company and courses to teach others how to be the developer in their community. I'm all about empowering local entrepreneurs and investors to transform underutilized properties into awesome community assets that benefit all.

Post: How to get started in real estate development?

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Carly Cohen:

Kristi-

I read your book, I love what you’re doing with apartments and hotels. I’m in a city that really suffers from developers wiping out all the culture and and building expensive housing. I’m interested in real estate investing and considering development, but I want to learn to do it in a way that benefits my community. We don’t need another souless development company turning our charming neighborhood bungalows into overpriced modern homes 

 @Carly Cohen 100%! That is exactly why we started the Local Real Estate Developers course and community. Taking back our communities and helping locals invest in Main Street over Wall Street! If you shoot me a DM I can send your our linkedIn profile to follow along. If you were interested in the course or community in the future we'd love to have you :) 

Post: Allow me to introduce myself, Central Texas Sustainable Developer

Kristi Kandel
Pro Member
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 304
  • Votes 153
Quote from @Fred Haas:

Hey All,

I have a background in Civil Engineering working for around 40 years doing land development, floodplains, and waste management work, among other things. I stopped for a while to do life coaching and energy work, and then I met a guy who was a broker that wanted to get more into the development side so we teamed up with his dad, a lawyer, and started up.

As things have progressed, I am now finding lots of deals, and as it turns out, the guy I am working with is not really delivering the investors like he said he could/would so I am learning that part of the process now too as most of my deals sit quietly on the sidelines. I'm getting too old to wait, so if I have to take things in my own hands, I will.

Here is the caveat, I came back to do this because I am extremely passionate about sustainable development, net-zero carbon, thermal mass, compressed earth block, rammed earth, hempcrete and others with all the add-ons like rainwater collection, solar and permaculture. I'd be surprised if there is a sustainable builder in Texas that I have not at least talked to, if I don't actually know them.

I am trying to develop projects that allow these folks to showcase their work so people may discover that they can live in healthy, efficient, comfortable, forever homes that don't burn,  and are insect proof and mold free. 

Besides the funding for the subdivisions or site developments, we need funding for the builders to take down lots and build. They are transitioning from the custom home model to a spec home subdivision model. While this is exciting and opens the door to opportunity, they really need investors to make the shift since they aren't used to buying the land and funding the build without the buyer already in tow.

So I have an abundance of deals to do basically those parts, either develop subdivisions with all the horizontal infrastructure and sell lots, or fund builders spec homes in these developments, preferably all sustainable because a known stick builder can come in and build without any help.

So if any of this interests you or you think I would be someone you want to know, drop me a message and we can talk all about it. I am an introvert and an engineer so talking is not my thing, but I love talking about this.

Also, I'm not sure this is the site for this kind of development project since most everything I see is flips and rentals, although funding a custom build is basically flipping a brand new sustainable home.

All the best!

@Fred Haas unfortunately I've heard that story too many times over the past 17 years. There's a saying in the industry that 85-92% of the "developers" out there don't really know what they are doing. 

The catch is that deals take years so it's easy to make excuses that people accept. And you can get really lucky with market cycles and while you maybe let a couple million go from your profit there's still a lot of upside and developers could still make millions and call the project a win. 

It's honestly part of the reason why I developed our Local Real Estate Developer™ course. We empower local entrepreneurs and investors to transform underutilized properties into awesome community assets that benefit all.

I love your why and totally get the introvert/engineer comment too ;) It's very common amongst the civil engineers (and entire design team) that I hire on deals. 

When you have a good deal you'll get the funding. It's just a matter of putting the right team of strategic partners and equity/debt partners together in your capital stack to make the deal work!