XN STATE
Where is the greatest opportunity in real estate today and what does it take to capitalize on it? Tune in for conversations on real estate investment and development with the industry's leaders of today and tomorrow. New episode every Monday.
XN STATE
Ep09 David Toupin: From Acquisitions to Ground-Up Development
•
Jorge Canavati
Today we welcome real estate investor, speaker and co-founder of Austin-based Obsidian Capital, David Toupin.
David first acquisition was a 12-unit apartment complex in Michigan back in 2016. Today, David has acted as a key principal in over $50M in real estate holdings and has raised north of $10M in capital.
In our interview today we dive into:
- How David got his start in real estate on the back of a strong financial background and underwriting skills.
- We talk about the key metrics and numbers to look at when evaluating a real estate deal.
- And we discuss Obsidian Capital’s current undertaking, a 50-unit garden style multifamily development that is breaking ground shortly.
You may find David on Instagram @realestatejedi and at Obsidian's website https://www.obsidiancapitalco.com/.