EP 318 – Land Development In The Great Smoky Mountains w/ Real Estate Investor Austin Williams
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SHOW NOTES
The pandemic turned the Great Smoky Mountains into a real estate hotspot, attracting buyers and investors alike. In this episode, host Dan Austin talks to East Tennessee native and land developer, Austin Williams of Compass Ventures. He dives into their vertically integrated business model, strategies for finding development opportunities, and the real estate boom in the region.
Austin recounts his journey from financial planner to real estate investor, discussing his transition into land development with Compass Ventures and their projects in workforce housing and cabin development.
He also shares an interesting story about successfully navigating a complex reversion clause to transform a low-income housing project into a valuable asset. Join this conversation on the opportunities in land development and the advantages of vertical integration!
Topics discussed in this episode:
The benefits of vertical integration in real estate
Austin’s path to real estate development
Challenges and opportunities in Knoxville’s real estate market
How Compass Ventures finds properties and finances projects
Compass Ventures’ core pillars, key projects, and future plans
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
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