Groundbreakers: Episode 30 - Justin Elliott, Manager Partner at BLVD Ventures

Groundbreakers: Episode 30 - Justin Elliott, Manager Partner at BLVD Ventures

The thirtieth episode of Groundbreakers Podcast by Homebase! Listen in for an amazing interview with Justin Elliott, Managing Partner at BLVD Ventures

Domingo Valadez

Sep 24, 2024

Podcast

Episode Summary

In this episode of Groundbreakers, Justin Elliott, Managing Partner at BLVD Ventures, joins us to discuss his path from corporate America to becoming a full-time real estate investor. Justin shares how his background in corporate finance helped him transition into multifamily real estate, and how building strong partnerships has been instrumental to scaling his portfolio. He also offers insights into the benefits of bringing property management in-house, the challenges of rising interest rates, and strategies for continued success in an evolving market.

To listen to this episode, follow this link to Groundbreakers on Spotify!

Key Points Discussed

• From Corporate America to Real Estate: Justin’s transition from a corporate finance background to founding BLVD Ventures and pursuing full-time real estate investing.
• Strategic Partnerships: The critical role of partnerships in growing BLVD Ventures and how collaboration with the right people has driven their success.
• In-House Property Management: Justin explains the decision to bring property management in-house and how it improved operational efficiency and business outcomes.
• Navigating a Shifting Market: Justin shares how BLVD Ventures continues to adapt to rising interest rates, increasing insurance costs, and other market challenges.
• Focused Market Strategy: Justin’s take on the importance of selecting markets with long-term growth potential, even in uncertain times.

Guest Information

• Name: Justin Elliott
• Role: Managing Partner at BLVD Ventures
• LinkedIn: Justin Elliott
• Website: BLVD Ventures

Conclusion

Justin Elliott’s story of transitioning from corporate America to full-time real estate investing highlights the importance of strong partnerships, operational control, and market awareness. His approach to scaling BLVD Ventures through collaboration and disciplined investment strategies provides valuable lessons for new and experienced investors alike. Connect with Justin on LinkedIn to learn more about his journey and how BLVD Ventures is positioning itself for long-term success.

DOMINGO VALADEZ is the co-founder at Homebase and a former product strategy manager at Google.