{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 233:  Josephine Saffert Discusses Real Estate Development and Entrepreneurship","description":"Follow Mike and Shawn on Instagram:  Shawn: @shawn_dimartile Mike: @miketighe_  In this insightful episode, Shawn DiMartile is joined by Josephine Saffert, a dynamic real estate developer based in Nashville, Tennessee. Josephine shares her journey from immigrating to the U.S. from Germany to establishing a successful development company focusing on urban fill projects. She provides an in-depth look into her strategies for selecting development sites, managing interest rate risks, and creating unique design features that make her properties stand out in a competitive market. Josephine dives into the specifics of her projects, including her focus on luxury townhomes and horizontal development. She discusses the importance of positioning developments in up-and-coming neighborhoods and leveraging investor partnerships to bring these high-end projects to life. Additionally, Josephine introduces her educational initiative, Developer Academy, which helps real estate professionals break into the development industry by providing a comprehensive curriculum and networking opportunities. Some key takeaways from this episode:   Strategic Site Selection: Josephine emphasizes the importance of choosing development sites in emerging neighborhoods that promise future growth and value appreciation   Interest Rate Mitigation: She discusses the impact of fluctuating interest rates on development projects and the necessity of conservative underwriting and padding contingencies   Unique Design Features: Josephine's projects stand out due to unique design elements like rooftop hot tubs and courtyard spaces that add significant appeal   Educational Outreach: Developer Academy aims to empower real estate professionals to venture into development with a combination of online resources and community support   Investment Strategies: Insights into structuring investor deals for different types of development projects, including single-family homes, townhomes, and build-to-rent communities   How to connect with Josephine: Instagram: @josephinesaffert Website Instagram: @sapphiredevelop Website:&amp;nbsp; Sapphire Development&amp;nbsp; Learn more about Mike and Shawn:  Shawn: www.investorshawn.com Mike: www.investormike.com Website:&amp;nbsp; www.takeoffcapital.com  ","author_name":"The Real Estate Takeoff","author_url":"https:\/\/therealestatetakeoff.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/31764349\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/31764349"}