Ep #111: From Limousine Driver to Nationally Recognized Real Estate Developer Whose Work and Vision Helped Revitalize an Entire City

Our guest for this week'sshowisCommercial Real Estate Developer andInvestor,DickAnagnost.

In today's discussionwithDick,we're going to discuss how he's gone fromLimousineowner/operatorto being the president and CEO of a highlysuccessfulfull servicecommercial real estate firm located inManchester, NH.Dick hasbecome an expert at re-positioning oldrundown historicbuildingsand re-purposing them for uses that meetthe needs oftoday'sbusinesses and consumers. Dick's progressivevisionandunconventional thinking was the main driving force,whichbroughtdowntown Manchester back to its formerglory.

My time spent with Dickwasbothinspiring and motivating as it shows that hard andworkandperseverance truly does win at the end of the day. Anditdoesn'tmatter if you're just starting out or are alreadyanexperiencedreal estate investor, I'm positive thatyou'llthoroughly enjoy andgain a ton of value from ourdiscussiontogether.

In this show with Dickyou'regoingto learn:

• How Dick got his startinthelimousine business and how this business was the catalysttohisforay into the commercial real estate industry.
• How the lack of amentorcausedmany unnecessary mistakes during his start in theindustry,whichis why he strongly suggests that all newinvestors/developersfinda mentor when getting started.
• The processofunconventionalthinking and forward vision that Dick and histeamuse to identifyhistorical repositioningopportunities.
• How Dick was able topersuadethecity of Manchester to provide the necessary financingfor a fewofhis first redevelopment projects.
• How to perform afeasibilitystudyon a historical redevelopment project tounderstand theoverallviability of a potential project.
• Why being a developer isoneofthe most risky endeavors a real estate investor can embarkon,butcan also be one of the most rewarding.
• Understanding thecapitalstackthat is involved when using federal government fundsforthesehistorical repositioning.
• The reasons why Dickfeelsthatreal estate developers are a dying breed and whythisshortagerepresents an opportunity for theyoungergeneration.
• Tips and strategiesthatDickwould give a new aspiring developer who is seekinganexperiencedmentor to help guide them down this path.
• How not keeping upwithcurrenttrends and the changing needs of the consumer canoftenmeancertain death to a real estate developer.
• And much more

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