Navigating Government Regulations for Multifamily Success with Ginny Bolling, Ep 88
Manage episode 408114488 series 3371550
Today's guest is Ginny Bolling, Ginny has been in real estate for over 35 years doing everything from government real estate acquisitions to her current multifamily investing.
In this episode, Ginny outlines her unusual path into government real estate acquisitions with the Florida Department of Transportation. She emphasizes the complications of land acquisition, negotiations, and her move into multifamily investing.
Ginny also discusses her transition to syndications, the necessity of investing in growing sectors, and her plan for diversifying her portfolio by becoming a limited partner.
Finally, she discusses her long-term charitable goal of improving the lives of teenagers through a dedicated organization. Stay tuned!
Episode Topics
[01:14] Meet our guest, Ginny Bolling
[01:27] Ginny's Diverse Real Estate Background and Initial Steps
[03:05] The Intricacies of Government Real Estate and Permitting
[06:01] Transitioning to Commercial Multifamily Investing
[15:34] The Challenges and Insights of Raising Capital for the First Time
[19:21] Exploring the Syndication Space and Future Plans
[23:26] What is one red flag every investor should look out for?
[24:05] What is a myth about the real estate business?
[26:43] Connecting to Ginny
Notable Quotes
- "DOT experience taught me to navigate complex land acquisition, negotiating with attorneys, and managing teams in contentious scenarios." -Ginny Bolling
- "Navigating city and county permitting is a bureaucratic marathon, but understanding processes and timelines is the key to efficiency." -Tim Little
- "Invest smart, invest where you'd like to go. My leap into syndications was eye-opening, and I'm thrilled about the opportunities ahead” -Ginny Bolling
- "Opting for long-term asset retention in syndications. As a baby boomer, I see the value in staying in good deals." -Ginny Bolling
- "Government inspections are crucial; detailed pre-underwriting is key to avoid plan disruptions." -Tim Little
- "Slow down in real estate; it's not a race. 'Earn while you learn'—consider starting as a limited partner to grasp nuances from the investor's perspective." -Tim Little
👉Connect with Ginny Bolling
- LinkedIn: Virginia "Ginny" (Graf) Bolling
- Website: Pivot Real Estate Investments
- Email: ginny.bolling@pivotalreillc.com
- Telephone: 321-303-3258
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
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