How Eli Gindi Built the Largest Retail Empire in Las Vegas
The Momentum Podcast
32,576 views
Eli Gindi is one of the most prominent real estate investors in New York City, Las Vegas, and Miami, controlling the largest single retail property in Las Vegas: over 2,000 consecutive feet of prime real estate spanning 8 city blocks.
In this episode, Eli opens up about growing up undiagnosed and unable to read, losing his father at 22, losing a stock market fortune overnight, and the deals that built his empire: from the Versace Mansion to Grand Army Plaza.
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Check out Joey Jerome on Momentum: He Built Millions of Square Feet in NYC… T...
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SPONSORS:
• Real Property Captive: Own Your Insurance. Recapture Your Premiums. Visit https://RealPropertyCaptive.com
• Yazdi Entertainment: New York's Premiere Event Production Company. YazdiEntertainment@gmail.com or (646) 765-5643
__________
ABOUT MOMENTUM:
🎙️ Momentum brings you the stories, advice, and wisdom of business visionaries, designed to inspire and guide you on your path to success. Be sure to subscribe on all platforms:
YouTube: @themomentumpod
Spotify: https://open.spotify.com/show/1jOPoAr...
Apple Podcasts: https://podcasts.apple.com/us/podcast...
Instagram: Instagram: momentumpodcast_
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GEAR (use my affiliate links to make me rich!)
Cameras: https://amzn.to/3UuwW5o
Podcast Mics: https://amzn.to/3J5QWsv
Clip-on Mics: https://amzn.to/3H52iwo
Mic Stands: https://amzn.to/4kZj4uL
Lights: https://amzn.to/45lA5up
Tripods: https://amzn.to/4lHHQAI
__________
(0:00) Coming up…
(2:04) The Making of Eli Gindi
(7:11) The Influence of Eli’s Father
(9:59) How His Father’s Name Saved Him $14 Million
(12:38) Ad: Real Property Captive
(13:25) The Importance of a Good Name
(14:20) Eli’s Thoughts on Cash Advance
(18:03) Ad: Yazdi Entertainment
(19:03) Losing His Father at a Young Age and His Bond With His Siblings
(22:40) What Sets You Apart in the Wholesale Industry?
(27:15) Getting Into Real Estate
(29:15) Buying the Versace Mansion
(32:41) Learning the Real Estate Business
(33:50) Losing $30M in the Stock Market
(36:06) How to Create Value in Real Estate
(38:32) Gramercy Park: When the Bank Almost Backed Out
(43:08) Securing the Las Vegas Deal: “I’m Not Leaving Until We Buy It”
(48:18) Partners, Not Investors
(50:13) Betting $4 Million on a Golf Match
(53:34) “Landlord” Means Lord of the Land
(54:36) The Target Signage Mistake
(57:25) What Eli Looks for in a Partner
(1:00:50) A Unique Deal Structure: Eli Only Makes Money When His Investors Do
(1:06:27) Eli’s Thoughts on Luck vs. Hard Work
(1:08:38) The COVID Construction Loan
(1:11:11) Why Failure Makes You Better
(1:15:34) Bringing His Sons Into the Business
(1:16:52) “At the End of the Day, Everyone’s Human”
(1:19:28) The #1 Mistake Young People Make
(1:20:26) Momentum Moment
(1:22:20) Outro and 3 Key Takeaways
20 Comments
Someone got to shine some light on this extraordinary man.
Makes you look forward always do good Hasem got you .
How Eli Gindi Built the Largest Retail Empire in Las Vegas
The Momentum Podcast
32,576 views
Eli Gindi is one of the most prominent real estate investors in New York City, Las Vegas, and Miami, controlling the largest single retail property in Las Vegas: over 2,000 consecutive feet of prime real estate spanning 8 city blocks.
In this episode, Eli opens up about growing up undiagnosed and unable to read, losing his father at 22, losing a stock market fortune overnight, and the deals that built his empire: from the Versace Mansion to Grand Army Plaza.
__________
Check out Joey Jerome on Momentum: He Built Millions of Square Feet in NYC… T...
__________
SPONSORS:
• Real Property Captive: Own Your Insurance. Recapture Your Premiums. Visit https://RealPropertyCaptive.com
• Yazdi Entertainment: New York's Premiere Event Production Company. YazdiEntertainment@gmail.com or (646) 765-5643
__________
ABOUT MOMENTUM:
🎙️ Momentum brings you the stories, advice, and wisdom of business visionaries, designed to inspire and guide you on your path to success. Be sure to subscribe on all platforms:
YouTube: @themomentumpod
Spotify: https://open.spotify.com/show/1jOPoAr...
Apple Podcasts: https://podcasts.apple.com/us/podcast...
Instagram: Instagram: momentumpodcast_
__________
GEAR (use my affiliate links to make me rich!)
Cameras: https://amzn.to/3UuwW5o
Podcast Mics: https://amzn.to/3J5QWsv
Clip-on Mics: https://amzn.to/3H52iwo
Mic Stands: https://amzn.to/4kZj4uL
Lights: https://amzn.to/45lA5up
Tripods: https://amzn.to/4lHHQAI
__________
(0:00) Coming up…
(2:04) The Making of Eli Gindi
(7:11) The Influence of Eli’s Father
(9:59) How His Father’s Name Saved Him $14 Million
(12:38) Ad: Real Property Captive
(13:25) The Importance of a Good Name
(14:20) Eli’s Thoughts on Cash Advance
(18:03) Ad: Yazdi Entertainment
(19:03) Losing His Father at a Young Age and His Bond With His Siblings
(22:40) What Sets You Apart in the Wholesale Industry?
(27:15) Getting Into Real Estate
(29:15) Buying the Versace Mansion
(32:41) Learning the Real Estate Business
(33:50) Losing $30M in the Stock Market
(36:06) How to Create Value in Real Estate
(38:32) Gramercy Park: When the Bank Almost Backed Out
(43:08) Securing the Las Vegas Deal: “I’m Not Leaving Until We Buy It”
(48:18) Partners, Not Investors
(50:13) Betting $4 Million on a Golf Match
(53:34) “Landlord” Means Lord of the Land
(54:36) The Target Signage Mistake
(57:25) What Eli Looks for in a Partner
(1:00:50) A Unique Deal Structure: Eli Only Makes Money When His Investors Do
(1:06:27) Eli’s Thoughts on Luck vs. Hard Work
(1:08:38) The COVID Construction Loan
(1:11:11) Why Failure Makes You Better
(1:15:34) Bringing His Sons Into the Business
(1:16:52) “At the End of the Day, Everyone’s Human”
(1:19:28) The #1 Mistake Young People Make
(1:20:26) Momentum Moment
(1:22:20) Outro and 3 Key Takeaways