Jun 27 2023
Mark Updegraff - From Photography and Science to Cash-Flowing Portfolio Through Private Equity Real Estate Investing
“From Photography and Science to Cash-Flowing Portfolio Through Private Equity Real Estate Investing”Mark Updegraff is a great guy. He is the Founder & CEO of Raze Capital, a private equity firm that specializes in raising capital for passive real estate investments. Go give him a follow on LinkedIn at https://www.linkedin.com/in/updegraff/.Mark C. Updegraff moved to Rochester, NY in 1997 to pursue his Bachelor's of Science from Rochester Institute of Technology (RIT) in Imaging and Photographic Technology. As an undergraduate student, he participated in co-operative work academic quarters for NASA, Pictometry, and as an independent 4x5 film photographer.In 2003, after working for Kodak, Mark took a position in RIT's Center for Imaging Science and began his Master's studies in Color Science. Mark took a position with ITT Corporation in 2009 where he worked on video quality metrics, end-to-end spectral imaging systems, and electro-optical systems for high altitude aircraft.In 2010, Mark decided to focus his efforts fully on his real estate redevelopment and private equity companies; Wedge Redux LLC, Ward Redux LLC, and Raze Capital LLC. These companies rehabilitate neglected properties into fully refurbished, market rate, rental properties in the greater Rochester area.Mark now oversees Updegraff companies in the development, management and brokerage of residential, commercial, and mixed-use real property. His vision for Upstate NY, real estate, and technology are evident through his plans and generated results. Mark is a city of Rochester advocate, employer, entrepreneur, and business owner.He is passionate about striving to provide safe, clean, affordable, sustainable, adaptable, space for the community at large while garnering the best and brightest minds in an effort to stimulate the economy through creativity, innovation, and workforce development.Currently, Mark spends time raising capital for syndications in the industrial, multifamily, self-storage and built-to-rent asset classes while overseeing the operations of the Updegraff Companies. His leadership style attracts other leaders eager to deploy new technologies, hone their skills, and take massive action. Under his guidance, associates are able to independently flourish into peak producers in their own strengths.When assembled together as a team, a colossal amount of creativity is unleashed and goals and expectations are significantly exceeded.In this episode we discuss:✅ ITT Corp Imaging Scientist✅ Brokerage Owner✅ Property Management Company Founder✅ Knowing when to Pivot✅ Office to Multi-family ConversionIf you are looking to gain financial freedom or want to learn more about investing in real estate, go sign up for our investor list.Be sure and subscribe to our podcast on your favorite platform so you don't miss any of the new episodes.😆🙏#MARKUPDEGRAFF #RazeCapitalLLC #UpdegraffGroupRealty #BiggerPictureHoldings #RaiseMasters #PassiveInvesting #RealEstateInvesting #Multifamily #Apartments #PassiveIncome #MoneyTreeRealEstateInvestorPodcast #Podcast