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Clint Murphy

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@IAmClintMurphy

Real Estate Developer (frame.properties), Podcast Host and Writer (thegrowth.guide). Sharing what I learn to help you Grow: Personally and Financially.
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Clint Murphy Verified account @IAmClintMurphy
I'm super excited to announce my next step in life: Frame Properties

This may be the worst time in the world on this platform to announce I'll be a real estate developer...

But... It's been too long a road to worry about that:

• 25 years in Finance
• 15 years in Real Estate
• 8 years as a RE Development CFO
• $2.5+ billion in RE sold or stabilized

The road has always led here.

I've been hinting at it for months now.

At least one or two of you have said tell me more.

It's time to re-introduce myself and share with you:

1. The backstory
2. Where we're at today
3. What you can expect from me

Backstory

For the past three years, I've written about personal, professional and financial growth.

I've shared some of my personal stories but haven't talked much about what I do for my day job or personal investing.

That's about to change.

Now, it's time to go to work as an entrepreneur.

You're probably thinking, Clint, you're 45, WTF took you so long.

It's a question I ask myself, too.

The simple answer is it comes down to priorities.

There are always two people in a partnership, and I promised my wife stability and earnings early in our relationship. I've held those up for 25+ years now, allowing us to reach a point where the risk will be tolerable for her.

I did that by growing my career, with a compounding increase to my salary of ~ 15% per year for most of that time and by investing well.

My first 10 years were largely with KPMG, focused on private companies ( SMB Twitter ) and real estate ( RETwit ).

The last 15 years have been focused on Real Estate, working for some of Vancouver, British Columbia's largest real estate developers and landlords, the last 8 as the CFO of a large team with exposure to:

• Private REITs
• Semi-public REITs
• Real Estate Development
• Mortgage Investment Corporations

I've had the fortune to be involved with $2.5+ Billion of real estate sold or stabilized during those 15 years, which includes:

• Feasibility
• Acquisitions
• Development approvals
• Construction management
• Sales and marketing processes
• Project capital, finance and reporting

It's been a blast.

I've learned from some of the best.

But, it's hard to be sitting on the sidelines.

To see what's possible and not be in the driver's seat.

That all changes now. It's time for the next chapter in life.

Before I discuss where we're at today, I would be remiss not to mention real estate has been my path to wealth.

I invested in real estate while growing my career to the C-suite level.

My wife and I, over the last 12 years, have added to our portfolio:

• 2 apartments
• 5 townhomes
• a summer cottage

And our single-family home.

Overall, the portfolio's fair market value is ~ $10 million today, which doesn't include an apartment we have under contract to close in 2026.

Where We're At Today

I've joined three past colleagues and friends in starting a real estate development shop, Frame Properties.

We're focused on building a long-term residential real estate development business that we'll scale in a risk-respectful way.

Our first project, Emerson, will be under construction next week and has started pre-selling:

Some simple concepts you can expect from us:

• We Put People First
• It's All About the Homes
• We're Relentless in What We Do
• At the end of the day, It Has to Be FUN

Emerson will be 15 townhomes in Victoria, BC, where we'll focus our development efforts.

Over the next 10+ years, we'll expand our business focused on the area from Esquimalt to Saanich on Vancouver Island, and my time on the island will grow with our scale.

I expect to live full-time on the island by the time my boys finish high school in five years.

Our second project will be 19 townhomes, and our next few projects (we have some LOIs out now and a few in DD) will be 25 to 30 townhomes in size and scale.

After that, we'll target townhome and apartment sites with revenue in the $40+ million range per site.

My partners have experience in acquisitions, deal-making, construction + development and marketing + sales - the full spectrum of real estate development.

As we scale the business, we'll also partner strategically with land owners and developers in sensible ways, and I'll offer real estate fractional CFO services.

Here's the goal.

I'll put it in writing now.

And, I'll share updates with you as we go.

By 2030, we will consistently generate $100 million to $150 million in revenue annually.

Ten years in, we'll consistently generate at least $200 million to $250 million in revenue annually.

What You Can Expect From Me

Not much is going to change.

I'm still going to talk about Growth:

• Personal
• Professional
• and, Financial

The difference is I'll add conversations around Real Estate and Entrepreneurship. Each of these fills the buckets of professional and financial growth.

If you're in Victoria or the Lower Mainland and have land or opportunities, please get in touch with me in the DMs.

If you're in Victoria or the Lower Mainland and want to partner in some capacity, please reach out in the DMs.

If you're an LP investor in Canada and want to discuss how you can work with us on our future projects, send me a direct message.

It's Real Estate and Self-Development All the Time, and if you want to work together, my DMs are OPEN.
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Clint Murphy Verified account @IAmClintMurphy
New Twitter feature lets you sort posts by popularity.

When this post came out, it was the most insane weekend of dopamine, I needed to walk away from Twitter for 48 hours !
Clint Murphy Verified account @IAmClintMurphy Jul 9, 2022
Microsoft Excel is used by 99.99% of the world’s businesses, and

most people still don't know how to use it.

Here are 10 basics everyone should know:
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