Real Estate Mogul, M.D.

S3 E20 P2 The Power of Medical Retail Real Estate: Investment Strategies with Austin Hair

Brett Riggins Season 3 Episode 20

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Austin dives into the complexities of commercial real estate development, from navigating entitlements and zoning approvals to working with multi-site healthcare groups for long-term investment stability. He explains how overleveraging can be dangerous, emphasizing the importance of cash flow-based investing to mitigate risk. Drawing parallels between his sports background and real estate, Austin discusses how resilience, discipline, and long-term thinking are essential for financial success. He also breaks down the importance of having the right team, including contractors, CPAs, and financial advisors, and why strategic partnerships are key to scaling investments while minimizing risk.

Takeaways  

  • Multi-site healthcare groups offer financial security in real estate investments.
  • The complexities of zoning, approvals, and feasibility studies when developing new real estate projects.
  • The risks of buying too aggressively and why cash flow-focused investing is key to sustainable growth.
  • Lessons from wakeboarding and Ninja Warrior translate into success in real estate and entrepreneurship.
  • Patience, strategic partnerships, and risk management determine financial success.

Important Links
LinkedIn: https://www.linkedin.com/in/austin-hair/
Instagram: https://www.instagram.com/austinhair/
Website: https://leadersre.com/

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