Wednesday Mar 19, 2025
Switching from Fluff & Buff to Ground Up Development with Andrew Schena
Real estate investing is all about growth and evolution. For Andrew Schena, that journey took him from flipping houses to ground-up multifamily development in Boston. In this episode of The Property Profits Podcast, Andrew shares how he transitioned from renovating old homes to building from the ground up—and why it was the right move for his business.
He breaks down the challenges of flipping older properties, the complexities of zoning and entitlements, and how he’s found success in urban infill multifamily projects. Andrew also dives into the multiple exit strategies developers have before even breaking ground, from rezoning to full project permitting.
If you’re a flipper thinking about moving into development, or just curious about the process, this episode is packed with insights on financing, investor structuring, and strategic pivots.
In this episode, you’ll learn:
✅ Why Andrew transitioned from flipping to ground-up development
✅ The hidden costs and headaches of flipping older properties
✅ How zoning and entitlements create value before construction even starts
✅ Strategies for structuring deals and working with investors
✅ Andrew’s future plans, including expanding into new asset classes
- Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/
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