From House Flipping to Commercial Real Estate Development | Arvind Cheruku

So it's always about supply and demand. So that's the basics of any business. So if there is no demand, putting in supply is not gonna make sense. So you need to be, identify the need, then satisfy the need. That's business 101, and that's essentially what we do in commercial real estate. We go into areas where there's already some residential development. There's like 500 rooftops or 1,000 rooftops, you know.

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Welcome back to another episode of The Real Estate Pros Show. I'm your host, Isa Hannah, and today we have Arvind Siruku with us. Arvind, welcome to the show.

Thank you, Isa. Good, good being here.

Super excited to have you, man. A wealth of knowledge. Uh, you've made some major waves in the commercial real estate game, and with that, can you kind of give us a rundown first of a day-to-day in your life?

Uh, so we are into commercial real estate development here in Houston. We've, uh, been in business for about 10 years. My day-to-day primarily is dealing with a lot of brokers, a lot of, uh, investors. We have about 600 investors in our database. So we deal with them quite a bit. Uh, dealing with general contractors, dealing, dealing with vendors. Banks, you know, the banks are a big part of it, so we end up working with banks a lot for all of our loans. That's my day-to-day, you know, dealing with banks, vendors, and general contractors.

100%. Truly, in real estate, when you're at the top, you're the controller, so you're, you're on the phone with the financing. You're on the phone with the investors. You're on the phone with the contractors. You're making sure everything runs smoothly. Uh, so I love, I love that that's your day-to-day. It just shows that you're on top of your game. You're ready to go. Uh, and I wanna rewind the clock a little bit. You told me a cool story when we were talking off camera about how you got into real estate, right? You come from an IT background, and in '05 you got into the real estate game. So I'm gonna let you take the floor and tell our viewers that story.

Great. So, uh, you know, when I first, uh, thought of, uh, making an investment, like a true investment outside of the primary home, the first option was either to buy a town home or, or invest somewhere or, or, you know, try to see where, where's the right place for the money to grow. A lot of my friends, being from a Indian background, a lot of my friends, their first choice of investment back then was moving all of that money to India and investing there 'cause there was, there was twofold, threefold growth back then in India. So a lot of my friends moved money there, and I followed suit. And I went in