About this episode
Luke Florian’s career started when he purchased his 1st duplex at 18 years old with savings from a paper route and has since grown to a portfolio of small to mid-size apartments totaling over $20 million. He is currently converting a hotel into 25 boutique/luxury apartments and closing on 1st of Storage Facility this spring. From wholesaling & rehabbing to buying, holding, and managing his portfolio, he has done over 800 deals to date.
[00:01 - 06:25] Opening Segment
- Let’s get to know Luke Florian
- Luke’s Competitive Beginnings
[06:26 - 16:34] Insurance Disasters and Barriers
- Keep away from disasters due to wrong insurance
- Diversifying to other asset classes
- Luke’s recent redevelopment project
- The Barrier to Entry to Real Estate
[16:35 - 23:26] 800+ Deals in 17 Years
- Start and create your platform
- Luke talks about notorious contractors
- 500 apartments and 500k sq. feet self-storage vision
- The importance of freedom, flexibility, and lifestyle
[23:27 - 30:11] THE FINAL FOUR
- What's the worst job that you ever had?
- Roofing
- What's a book you've read that has given you a paradigm shift?
- What is a skill or talent that you would like to learn?
- Guitar
- What does success mean to you?
- Freedom of time
Connect with Luke through [email protected], Facebook, Instagram, and LinkedIn.
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Resources Mentioned:
Tweetable Quotes:
“You got to stand behind what you do.” - Luke Florian
“You really got to have that scope in place to have a clear vision moving forward for your projects.” - Luke Florian
“Time is all we ultimately have… and real estate gives that to us.” - Luke Florian
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