9
July 17, 2025
In this episode of The Investor Agents Podcast, we explore multifamily development with investor–builder Mike Ballato at his brand-new 10-unit project in Downingtown, PA. Mike walks us through the journey from buying a single-family home off the MLS to tearing it down and developing nine residential units plus one retail space. He shares lessons learned about zoning, MEPs, ADA compliance, garbage disposals, managing contractors, and scaling from flips to new construction. Mike also breaks down the numbers, construction costs, and long-term wealth potential, offering real insights for agents ready to move from sales into investing.