In this episode of Dadages, Chad Hagle sits down with Spencer Burton to discuss real estate, family, and life in the industry. Spencer is the President for Stablewood, a next-generation real estate investment platform. Chad and Spencer talk about the importance of building relationships and creating a good reputation in the world of real estate through conferences and other methods and one of Chad’s go-to Dadages, “When all else fails, just show up.” Spencer also explains that his company is a digital multi-strategy operator, using data as a tool to create specializations, and what that looks like in real life and potential investment opportunities.
Spencer shares his passion for real estate financial models. He explains how he uses the forecast of the future of real estate cash flows to build models with data, which provide outputs that influence investing decisions. Spencer adds another Dadage to the conversation, “The day that this stops being fun is the day I stop doing it.” He emphasizes the significance of enjoying what you do and having fun while you do it. Chad and Spencer discuss their experiences and stories that have been part of their journey and led to successful careers in real estate.
This episode continues the series “It takes credit to make money.” Be sure to tune in this week to gain valuable insights into the world of real estate and all that factors into investment decisions from some of the best professionals in the field.