Accredited Investor Podcast

"The riches are in the niches" isn't just a catchy phrase – it's the cornerstone of successful real estate investing according to Alec McElhinny, founder and CEO of LandPlay. While most investors crowd into saturated multifamily markets, Alec has carved out extraordinary returns by focusing on two overlooked sectors: Flex Space and data center conversions. Flex Space developments serve blue-collar businesses like plumbers, HVAC technicians, and electrical contractors – recession-proof companies generating millions in revenue while needing minimal square footage. These smaller bay sizes (1,500-12,000 sq ft) command premium rental rates per square foot while offering tenants precisely what they need. The beauty of this model? Less competition, easier approvals, lower construction costs, and higher returns than traditional commercial real estate. Alec's current project exemplifies strategic positioning. Located in New Braunfels – the fastest-growing city in Texas within the fastest-growing county in America – his development sits along I-35 with visibility to 150,000 daily vehicles. This corridor will welcome approximately 1.5 million new residents over the next decade, creating unprecedented demand for commercial space that serves essential businesses. For investors seeking even higher returns, Alec discusses data center conversions – particularly office buildings that can access 20-30 megawatts of power and need minimal structural modifications. With AI development accelerating and major tech companies relocating to business-friendly states like Texas, these conversions can potentially double or triple investments within just a few years. What separates successful developers from the crowd? Alec credits rigorous due diligence: "Development due diligence is like solving a mystery – how come nobody's bought this yet and built what I want to build here?" Understanding water access, zoning restrictions, and lease-up potential often reveals why seemingly perfect properties remain undeveloped. Whether you're an accredited investor seeking higher returns or a developer looking for your next opportunity, this episode delivers actionable insights into tomorrow's most profitable real estate niches.  -----Learn more about Alec's real estate projects at https://land-play.com/ To learn more about Jonathan's recession resilient mobile home park real estate Fund & Flex Space Development investments for Accredited Investors: https://www.midwestparkcapital.com/ To learn more about Jonathan's business growth consulting and fractional CMO services, and digital marketing for small businesses: https://www.revenueascend.com/consulting/ The Family Office Club was founded in 2007 and has now become the world's largest association in the industry with over 7,500 registered ultra-wealthy investors-Richard C. Wilson is the partner of the Accredited Investor Podcast:  https://familyoffices.com/ To get your very own podcast guesting tour of 20, 40 or 60 episodes as a guest and become the celebrity thought leader in your industry: https://getpodcastbookings.com/ Sign up to get on the list for the World's Most Exclusive Social Networking App: https://www.prestigesocialapp.com/ To those looking to potential exit or sell their business or talk about potential business roll up partnerships: https://www.businesscashout.com/ Join one of the fastest growing real estate groups on Facebook, which is our 27,400 Multifamily Investor Facebook Group: https://www.facebook.com/groups/451061265284414 To learn more about mobile home investing, acquiring your first mobile home park:  https://www.mobilehomewealthacademy.com   https://linktr.ee/jonathantuttle