FBF #889: Embracing the Now - Insights from a Seasoned Real Estate Leader

Today's Flash Back Friday episode is from #630 that originally aired on Aug, 14, 2023.

With a distinguished partnership at LC Real Estate Group, a dynamic enterprise specializing in real estate investment, development, and brokerage, Eric stands at the helm of innovation. Armed with a PhD in Economics and boasting almost four decades as a real estate CEO and developer, he has not only shaped the industry landscape but also imparted his wisdom during two decades of real estate lectures at Colorado State University. A devoted practitioner of yoga and meditation for three decades, Eric's holistic approach to life enriches his multifaceted career.

Beyond his remarkable achievements in real estate, Eric presents a transformative viewpoint on the symbiosis of business acumen and mindfulness, a perspective that has the potential to revolutionize lives. His impactful insights culminate in his celebrated book, "Profit with Presence: The Twelve Pillars of Mindful Leadership," a Wall Street bestseller that embodies his profound philosophy.

 

Quotes:

“You’re only as good as your community. If your community is weak, your investments are weak.”

“I have a saying, “When the banks say no, I say go!”

 

Highlights:

 1:37: Eric’s journey

 9:21: Instill an “internal culture” within your business

 10:20: Tactics and strategies

 14:09: Are there any lessons that you have learned through various recessions? 

 21:33: Do you foresee fallout from issues like increased taxes, insurance and other financial impacts from tenants?

 23:59: What would be a leading indicator that the timing is coming for more opportunities? 

 26:29: What is the significance of having relationships with bankers and financial institutions to you and your company?

 28:58: What can we learn from your book and what was the catalyst for the book? 

 37:06: What type of negative impact does virtual communication have on the younger generation?

 

Guest Website: lcrealestategroup.com // www.livinginthegap.org

 

Recommended Resources:

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• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. 
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.