#27 - Commercial Construction Management: A Deep Dive Into Ground-Up Development with Aaron Saunders

On this episode of Passive Income Pilots, Ryan interviews Aaron Saunders, President of Spartan Construction Management. With over 15 years of construction leadership experience, Aaron has managed projects totaling over $150M, from single-family rentals to multifamily developments. He reveals the secrets to mitigating risk and ensuring success in developing a new self-storage project in Bellevue, Florida. Aaron discusses obtaining permits, navigating zoning complexities, building community relationships, and conducting thorough due diligence when purchasing land. He also shares insights on construction project management and contractor selection. This episode is a must-listen for anyone in real estate or construction. Enjoy the show!

Timestamped Show Notes

(00:00) Intro

(06:45) Mitigating risks in construction entitlements

(07:43) Cost of entitling a property before purchase

(08:55) Understanding full entitlement in property development

(10:56) What is an annexed property?

(14:29) Importance of vetting the civil engineer

(20:03) Getting a geotech analysis and conducting a survey

(23:52) Conducting an environmental study for property development

(28:47) Building permit risk management

(31:51) Navigating local requirements for construction

(33:38) Due diligence and property development risks

(39:34) Understanding city requirements for development projects

(42:26) Designing and budgeting for a self-storage facility

(46:25) Master service agreement and AIA contracts

(55:17) Choosing the right contractor for your project

(1:03:53) Managing general conditions in construction projects

---You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.

Remember to subscribe for more insights at PassiveIncomePilots.com!

Join our growing community on Facebook

Check us out on Instagram @PassiveIncomePilots

Follow us on X @IncomePilots

Get our updates on LinkedIn

Have questions or want to discuss this episode? Contact us at [email protected] See you on the next one!

Legal Disclaimer

The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions. The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts. Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended. Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing.