Mark Updegraff - Scientist Turned Active Operator about to hit 100 Doors
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.
HIGHLIGHTS IN THE SHOW:
00:00 - Intro
01:54 - Background
06:48 - leftfieldinvestors.com
08:52 - Path of Progress
13:13 - Multifamily Deal Structures
15:23 - Property Management
20:54 - Active Vs Passive
24:54 - Vetting
28:17 - Turn Key Solutions
30:36 - Connect With Mark
32:01 - Mark Recommends
32:48 - Bucket List
CONNECT WITH OUR GUEST:
https://www.instagram.com/mrmarkupdegraff/
Text: 585-314-9790
CONNECT WITH OUR HOST:
Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
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