Jumpstart Philly Real Estate Radio Show

Palak Shah is the co-founder of Open Spaces Capital and Portfolio Mastery - a  community to help working professionals exponentially grow their real estate portfolio without the DIY and hustle. It is her passion to help other investors build generational wealth through real estate investing to make work optional, and achieve financial freedom.An Engineer by trade, after the birth of her two kids she decided to make the move to entrepreneurship to be able to spend more time with her children. Though Palak has invested in real estate for many years, in her first few years investing full-time, she purchased, renovated, rented, and refinanced properties creating an 8 figure rental portfolio.You can find her on Instagram at @openspaceswomen or find her at www.openspaceswomen.com 

During this JUMPinar, we’ll discuss how to determine whether your plan for a rehab project is truly realistic. Using information gathered from walk throughs, feasibility studies, and discussions with contractors - you can protect the investment and feel confident that your ideas are possible. We’ll also touch on technologies that are available for developers which assist with determining feasibility. Join design experts Jeffy Thomas and Mark Wallace from KORE Design for this educational conversation

This JUMPinar featured a discussion with Sara Poindexter (Principal Engineer with Studio Sustena) and Brett Feldman (Attorney with Klehr Harrison Harvey Branzburg LLP) about the significance of landscape zoning laws and their historical context in Philadelphia. After listening to this episode, you will understand the thresholds of landscape improvement that require special zoning approval, when to engage a zoning attorney, and how to navigate the City’s provisions to achieve your individual mission as a developer.

If your goal is to make the leap from residential to commercial real estate development, it is crucial to understand the differences in underwriting and terminology that you will encounter when seeking financing. Commercial projects will be subject to more scrutiny, and lenders may offer less favorable terms. Knowing the ins and outs of commercial financing will prepare you for discussions with lenders and benefit your ability to assess a project's feasibility. Thanks for listening to this recorded JUMPinar with Stephen Arrivello, President of Axcel Capital Group!

Mike Stanton, project development manager at The HOW Group, joins us to discuss how Jumpstarters can create a development team and gather reliable individuals to help you complete projects. We talk about contractor selection, maintaining relationships with partners, and the soft costs associated with a rehab project.