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On this Real Estate Hustlers Podcast episode with Harry Arsene is the co-founder and manager of Arsene Construction (AKA Investors, LLC), a Seattle-based real estate development and general construction company. With a B.S. in Mechanical Engineering from the University of California, San Diego, and an M.S. in Product Development Engineering from the University of Southern California, Harry brings a strong technical background to his role.

Before joining Arsene Construction full-time in 2017, Harry worked in the aerospace industry for over 13 years, while supporting the company's growth part-time for its first decade. Since then, he has focused on property acquisition, project financing, and managing the company’s accounting and human resources functions.

Key Takeaways

Start with initial feasibility studies to assess costs.

Engage with city officials early in the process.

Consult with experienced architects and engineers.

Allocate a budget for soft costs in development.

Understand the financing landscape and lender options.

Consider the timeline for closing and permits.

Build strong relationships with investors for equity funding.

Learn from past experiences and mistakes in development.

Utilize mastermind groups for networking and accountability.

Start with smaller projects to gain experience.

Connect with Harry

Facebook: Harry Arsene/ Arsene Construction

Instagram: Harry Arsene/ Arsene Construction

Connect with Josh Appelman:

Facebook: https://www.facebook.com/josh.appelman.108/

Facebook group: https://www.facebook.com/groups/realestatehustler

Linked in: https://www.linkedin.com/in/josh-e-appelman-97767973/

Website: https://www.appelmanproperties.com/

Navigating the multifamily development space in the PNW with Harry Arsene | Episode 134

Real Estate Hustlers with Josh Appelman