Episode #199: 24 in ‘24 - Small Development Success Strategies with Dan Hogenbirk

Episode 199 March 01, 2024 01:00:52
Episode #199: 24 in ‘24 - Small Development Success Strategies with Dan Hogenbirk
Breakthrough Real Estate Investing Podcast
Episode #199: 24 in ‘24 - Small Development Success Strategies with Dan Hogenbirk

Mar 01 2024 | 01:00:52

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Hosted By

Rob Break

Show Notes

Here’s What You’ll Learn in our Interview with Dan Hogenbirk

About our Guest 

Daniel started working in construction at an early age. Working in landscaping young, taught him to work hard and persevere through difficult challenges. The year after completing his undergraduate degree, the sale of his parent's company fell through, and he was presented with the opportunity to purchase the company with his brother-in-law.

Daniel and his brother-in-law were presented with some immediate challenges with the business. Several divisions were identified as operating at a loss, and increasing industry pressure in snow plowing/removal made this an increasingly challenging endeavour. Looking for potential solutions, Daniel discovered the potential in interior construction and real estate investing. In 2018, they invested in several duplex conversions to start training their team in the process of interior renovations. By 2022, they grew their real estate company enough to divest the poorly performing divisions and permanently get out of the snow industry. In 2024, Daniel is a licensed builder focusing on building his business around the new opportunities presented by policy changes encouraging intensification in existing neighbourhoods. Daniel’s Business, North Lakes Developments & Construction builds properties for themselves, Joint Venture partners, and clients. Daniel continues to live in one of the apartments he constructed to this day, allowing him to keep his costs down to re-invest into the company and to achieve financial freedom at an early age.

Social Media 

Instagram: @danhogenbirk

Instagram: @northlakesdevelopments

Website:https://northlakesdevelopments.ca/

 

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