Episode
Developing a $140M “Passion Project” to Turn Dirt Into a Community Dream
- Published
- Apr 20, 2026
- Duration seconds
- 2708
- Processing state
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- https://episode.flightcast.com/01KPNS5YM6BT56D7JYXVQYRRF0.mp3
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Summary
For many real estate investors, development is the next level of property investing. Instead of renovating, you’re building from the ground up, turning dirt into something hundreds or even thousands of people will use daily. But how do you start, get in good graces with the local government, and build projects you can be truly proud of? Kristi Kandel went from zero development experience to running her own office in a year, with undeniable success. She built 30 Family Dollar locations in one of the hardest markets in America—California. But that’s not all—she even took on extraordinarily complex projects like building hydrogen fueling stations, something most developers wouldn’t even dare to entertain. She’s done some of the hardest development jobs and is sharing exactly how you can get your foot in the door, from planning what to build based on your market, to getting the local government on your side, who should be developing, and the mistake that almost cost her millions. Plus, Kristi shares details on the $140M passion project she’s building with public-private partnerships—the kind of legacy project every investor dreams of. Insights from today’s episode: How to get into real estate development, even if you have no experience The first thing to check before you plan on developing any piece of land The one person you must get in contact with to get the city’s approval One big utility mistake that could have cost Kristi’s team millions of dollars How locals can develop in their own communities and stop outside builders from taking over The one project Kristi says was impossible to finish—and swears she'll never do again — Connect with Kristi on LinkedIn Follow Kristi on Instagram Recommended Resources: Accredited Investors, you’re invited to Join the Cash Flow Inve…