Show notes
In this episode, Justin Spalding engages in a captivating conversation with Cody Wiseman, the visionary behind Wiseman Capital. The discussion centers on Cody's remarkable journey from a construction background to becoming a prominent figure in real estate investing. Listeners will gain insights into Cody's ambitious hotel conversion project in Madison, Wisconsin, where a former Super 8 is being transformed into 129 studio apartments. This episode is packed with valuable lessons on overcoming challenges, securing financing, and the importance of perseverance in the face of adversity. Cody and Justin also share actionable advice for aspiring real estate investors, emphasizing the power of commitment and the potential for transformative change.Chapters:0:00 Intro: Cody Wiseman joins to discuss projects5:40 Importance of energy and effort in events10:16 Hotel conversion project overview and background15:43 Challenges with utilities and deed restrictions23:53 Biggest surprises and overcoming obstacles37:55 Raising capital and investor relationships44:29 Lease-up projections and marketing strategies48:14 Advice for aspiring real estate investors
