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258: Create Wealth and Impact by Developing Your Own Projects

Today you’ll discover how one architect, his partner and team have revitalized downtown Durham, North Carolina, and built an impressive real estate portfolio in the process.

As you create value for clients, why not get a piece of the action?

Architect John Warasila and his team have done just that.

Over the years, Warasila has built an impressive commercial and multi-family real estate portfolio by investing in his own projects and partnering with his clients on their projects.

John founded his firm, Alliance Architecture, in 1995.

He learned everything from the ground up – how to work with banks and get financing, how to get tax credits for his projects, and how to lease his projects and create consistent cash flow.

He and his partners now own 10 buildings in downtown Durham.

And John isn’t afraid to talk about money – one of his themes is to make everyone rich – both socially and monetarily.

Show Resources:

Alliance Architecture (firm website)

Enoch Sears

Enoch Sears AIA is co-founder of the Design Firm Accelerator, a program that helps architects grow their income and impact through smart marketing. He’s famous for helping architects build a business that gives them more freedom and profit. He’s the founder of the Architect Business Institute and co-founder of the Architect Marketing Institute. He also hosts the #1 rated interview podcast for architects, the Business of Architecture Show where prominent guests like M. Arthur Gensler, Jr. and Thom Mayne share tips and strategies for success in architecture.

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