JF3192: 3 Things That Kill the Real Estate Industry ft. Luis Belmonte

Luis Belmonte is the owner of Seven Hills Properties, a group of small-time developers who have built a portfolio of $150 million over the last 20 years. In this episode, Luis discusses why he has invested so heavily in affordable multifamily housing in the Bay Area, what his secrets are for getting retail tenants, and some of the key factors that negatively affect the real estate market.

 

Luis Belmonte | Real Estate Background

• Owner of Seven Hills Properties
• Portfolio:
  • Retail 
  • Industrial
  • Multifamily — owns and manages six apartment buildings
• Based in: San Francisco, CA
• Say hi to him at: 
  • LinkedIn
• Best Ever Book: The Power Broker by Robert A. Caro
• Greatest Lesson: Be wary of the herd. When everyone is going in one direction, it might be time to try another.

 

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