REI172: Preserving the Past Using Historic Tax Credits w/ John Blatchford

This podcast interviews John Blatchford, a real estate developer specializing in historic building renovations in Cincinnati, Ohio. The conversation covers his career path from college swimmer to entrepreneur, focusing on his company Kunst's use of historic tax credits to finance projects. Blatchford details the process of applying for and utilizing these credits, explaining how they provide significant cost reductions (up to 45%). He also discusses his business model, including raising capital from investors and the decision-making process regarding selling completed projects. Listeners gain insights into the financial aspects of historic renovations and the potential benefits of historic tax credits.

Outlines

Part 1: Introduction and Early Career

Part 2: Historic Tax Credits and Business Focus

Part 3: Project Management and Financial Strategy

Part 4: Advice and Future Outlook

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The Intrinsic Value Podcast - The Investor’s Podcast Network

Part 1: Introduction and Early Career

Introduction and Guest Introduction

John Blatchford's Background and Early Career

The First Real Estate Project and Discovery of Historic Tax Credits

Part 2: Historic Tax Credits and Business Focus

Understanding Historic Tax Credits

Sponsor Message

Formation of Kunst and its Focus

Cincinnati Real Estate Market and Competition for Historic Tax Credits

Part 3: Project Management and Financial Strategy

Project Structure, Management, and Capital Raising

Project Exit Strategy and Key Financial Metrics

Sponsor Message

Part 4: Advice and Future Outlook

Advice for Aspiring Historic Renovators and Personal Recharge Strategies

Future Plans and Resources for Learning More About Historic Tax Credits

REI172: Preserving the Past Using Historic Tax Credits w/ John Blatchford

The Intrinsic Value Podcast - The Investor’s Podcast Network

Part 1: Introduction and Early Career

00:00Introduction and Guest Introduction

Introduction and Guest Introduction

02:21John Blatchford's Background and Early Career

John Blatchford's Background and Early Career

12:12The First Real Estate Project and Discovery of Historic Tax Credits

The First Real Estate Project and Discovery of Historic Tax Credits

Part 2: Historic Tax Credits and Business Focus

16:52Understanding Historic Tax Credits

Understanding Historic Tax Credits

21:08Sponsor Message

Sponsor Message

24:10Formation of Kunst and its Focus

Formation of Kunst and its Focus

30:27Cincinnati Real Estate Market and Competition for Historic Tax Credits

Cincinnati Real Estate Market and Competition for Historic Tax Credits

Part 3: Project Management and Financial Strategy

36:52Project Structure, Management, and Capital Raising

Project Structure, Management, and Capital Raising

43:05Project Exit Strategy and Key Financial Metrics

Project Exit Strategy and Key Financial Metrics

48:40Sponsor Message

Sponsor Message

Part 4: Advice and Future Outlook

51:23Advice for Aspiring Historic Renovators and Personal Recharge Strategies

Advice for Aspiring Historic Renovators and Personal Recharge Strategies

57:50Future Plans and Resources for Learning More About Historic Tax Credits

Future Plans and Resources for Learning More About Historic Tax Credits