RE #178: Chris Powers - Why decisions are made to sell real estate?

On this solo episode, Chris breaks down what would cause someone to sell an investment property or cash-flowing asset. He also discusses why different entities will decide to sell, such as funds or merchant developers. He stresses the importance of building a track record of selling, and how that played into the success of Fort Capital. He also discusses the process by which Fort Capita approaches a sale and experiences they've had. Enjoy! Follow Chris on Twitter: www.Twitter.com/FortWorthChris Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/  (01:57) - Who and what are we selling? (02:30) - What are some reasons to sell? (04:10) - Misalignment & Partnerships (04:59) - You’re Doing Larger Deals (05:43) - Satisfying Estate Issues (06:09) - The Market is High and The Offer is Great (06:38) - There are Better Opportunities for Capital (07:18) - Taking Profits (08:55) - Changing Market Conditions (10:31) - Cross-Collateralized Deals (11:10) - Taking risk Off The Table (11:26) - Real Estate Depreciation (12:05) - Investor’s Preferred Time Horizon (13:13) - Tax Reasons (13:38) - Why funds, REITs, and Merchant Developers Will Sell (15:01) - You’ve Aggregated Enough Assets (16:12) - What does selling do for an investment company? (18:15) - Building a Track Record (23:04) - Ownership Types and Incentive Structures (30:08) -  Fort Capital’s Experience in Selling Portfolios (32:29) - The Process by Which Fort Capital Sells The FORT is produced by Johnny Peterson & Straight Up Podcasts.

Om Podcasten

Here, we uncover the proven strategies, insights, and inspiring stories of today’s greatest leaders in the worlds of business, real estate, entrepreneurship, and investing. Each episode’s mission is to help you to level up your entrepreneurial game by hearing directly from the men and women in the arena. Chris is able to uniquely uncover things not commonly discussed because he is an entrepreneur himself. We not only cover business, but we also cover the personal side of entrepreneurship. The Fort began in 2018 as a way for Chris to publicly explore the fascinating world of entrepreneurship. Since he was a child, he’s been characterized as obsessively curious about the world around him.  The Fort has now been downloaded over 2M times, across more than 50,000 unique listeners. Each week features conversations with entrepreneurs, Founders, CEOs, and Executives from some of the leading companies in America. Past guests have represented companies such as JLL, Hillwood, S2 Capital, Chick Fil A, Morning Brew, Founders Podcast, Tiny Capital, Permanent Equity, Fort Capital, Matthews REIS, Bonobos, and ConvertKit. 🐦 Follow Chris on Twitter: www.twitter.com/FortWorthChris 💡 Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ 📹 Subscribe to The FORT on YouTube: https://www.youtube.com/@FORTpod