Capital Hacking

On this episode of Capital Hacking, hosts Josh McCallen and John Edwin talk to Joe Evangelisti, CEO of Legacy Developers and Legacy Builder Capital. Joe shares his journey from being a Navy CB to venturing into real estate after leaving the military. He discusses his experience in three real estate cycles and his transition from flipping houses to large scale storage. Joe also provides insights into the value proposition of Class A storage. Stay tuned to the end for some valuable takeaways from this conversation.[00:01:10] Navy CBs and real estate.[00:03:32] Military background in construction.[00:07:40] OPM and raising capital.[00:09:22] Profit sharing and partnership.[00:13:12] From houses to self storage.[00:14:20] Adversity and scaling down.[00:18:30] Land development and entitlement.[00:21:36] Regulation and COVID impact.[00:23:07] Hiring and managing managers.[00:27:17] Value add and mixed-use properties.[00:30:03] Repurposing hotels for affordable housing.[00:32:30] Following your passion.The podcast h