Real Estate Investing for Life - Simple Strategies for Creating Wealth and Financial Independence through Real Estate Investing

Thinking Like a Developer: How to Spot Opportunities Most Investors Miss with Justin Ruthenbeck and Tanner Verhoeks | Ep. 53

Episode Summary

In this episode, I sit down with experienced developers Justin Ruthenbeck and Tanner Verhoeks from Haven Idaho, to pull back the curtain on what real estate development actually looks like behind the scenes. This is not just about building properties. It’s about managing risk, solving real-world problems, and creating something that lasts. We talk about how they got started, what separates good developers from the rest, and why development is far more nuanced than most people think. If you’ve ever been curious about getting into development, this conversation will help you understand what it really takes and how to think about opportunities in a smarter, more strategic way. We also dig into the importance of aligning your investments with purpose, not just profit, and how the best developers think beyond spreadsheets to create long-term value for communities, investors, and themselves.

Episode Notes

In this episode, I sit down with experienced developers Justin Ruthenbeck and Tanner Verhoeks from Haven Idaho, to pull back the curtain on what real estate development actually looks like behind the scenes. This is not just about building properties. It’s about managing risk, solving real-world problems, and creating something that lasts.

We talk about how they got started, what separates good developers from the rest, and why development is far more nuanced than most people think. If you’ve ever been curious about getting into development, this conversation will help you understand what it really takes and how to think about opportunities in a smarter, more strategic way.

We also dig into the importance of aligning your investments with purpose, not just profit, and how the best developers think beyond spreadsheets to create long-term value for communities, investors, and themselves.


 

00:00 Welcome and Guests

01:12 How Justin Met Tanner

02:02 Tanner’s Engineering Path

02:53 Justin’s Journey From Tech to Development

04:54 Building for Legacy

08:47 Choosing Projects and Risk

11:50 Due Diligence Timelines

14:49 Common Land Mistakes

18:33 Avoiding Commodity Builds

21:51 Partnering With Landowners

23:47 Keeping Your Day Job

26:42 What Development Really Is

30:01 Hard Lessons And Partners

34:23 Think Like A Developer

35:37 Developer Vs Builder Nuances


 

Out Guests today:  Justin Ruthenbeck and Tanner Verhoeks

https://www.havenidaho.com/

team@havenidaho.com


 

Connect with me at http://www.jonnaweber.com

Instagram: https://www.instagram.com/jonna_weber/

LinkedIn: https://www.linkedin.com/in/jonnaweber/


 


In Idaho?  Please check out our Idaho Real Estate Investor Network!

Website: https://www.idahorein.com/


 

Join the Priority list for the Real Estate Wealth Accelerator:

https://www.idahorein.com/wealth


 

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