ABOUT THIS EPISODE
In this episode of Chess Not Checkers, Keith Riddle and Jordan Tampien pull back the curtain on something they usually only mention in passing: the real mechanics of real estate development.
Whether you are an investor, a developer, a would-be flipper, or just trying to make sense of today's housing market, this episode is a candid, numbers-and-all look at how real estate really works, and a reminder that at some point, as Jordan puts it, you have to pick a life instead of just collecting stuff.
Show Flow
00:00 Breaking Down a Real Deal for Once
02:39 The Peyton: Seven Stories, 96 Units
07:44 Tax Credits, Lenders, and a Loan That Nearly Fell Apart
12:44 Why a Pro Forma Is Worthless Once You Dig In
20:40 The New Rules: Rates, Holding, and Who Wins
25:48 Where Values Are Actually Falling
28:18 Rebuilding After the Fires vs. Your Insurance Payout
36:13 Spokane's Renovator's Market and the Return on a Flip
46:39 50,000 Older Homes and Why More Flippers Would Help
49:09 Oversized Houses and the Shift in What Buyers Want
56:59 The Hidden Costs of Owning a Home
1:12:42 Sentiment, and Reconnecting
1:22:30 Final Thoughts and Wrap-Up
