Jenn Patrino, President of Tierview Development, shares her journey in real estate development and the challenges she has faced along the way. She explains why she chose the Philadelphia real estate market and the advantages it offers. Jenn also discusses the importance of being a hands-on developer and the impact of interest rates on the industry. She emphasizes the need for tenacity and the ability to adapt to challenges in entrepreneurship. Jenn shares her use of technology and time management strategies in her business. She concludes with advice for aspiring real estate developers.

real estate, development, entrepreneurship, Philadelphia, construction, interest rates, business growth, community engagement, technology, investment

Jen Petrino has over 20 years of experience in construction and real estate development.

She transitioned from answering phones in construction to leading a development company.

Philadelphia's real estate market offers unique opportunities for growth.

Understanding zoning codes can provide a competitive edge in real estate.

Real estate development often involves being asset rich but cash poor.

Building strong relationships with the community is crucial for developers.

Interest rates significantly impact real estate investment strategies.

The importance of having a strategic plan for long-term business success.

Technology and tools can enhance productivity for entrepreneurs.

Tenacity and optimism are essential traits for successful entrepreneurs.

00:00 Introduction and Background

03:17 Choosing the Philadelphia Real Estate Market

04:42 Transition from Construction to Real Estate Development

05:35 The Milestone of Success in Real Estate Development

07:29 The Challenges of Real Estate Development

08:24 Entrepreneurship and the Desire for Autonomy

09:20 The Influence of Upbringing on Entrepreneurship

10:49 The Role of Reading and Research in Real Estate Development

12:31 The Advantage of Being a Hands-On Developer

16:17 The Impact of Interest Rates on Real Estate Development

19:51 The Current State of the Philadelphia Real Estate Market

24:44 The Challenges of Growing a Real Estate Development Business

30:54 The Importance of Tenacity in Entrepreneurship

32:10 The Use of Technology in Real Estate Development

34:27 Time Management and Prioritization in Real Estate Development

34:56 Advice to Younger Self and Parting Words