In this episode of American Potential, guest Stephen Chacko, a real estate developer from Texas, joins host Jeff Crank to share his story of navigating unexpected challenges after purchasing a property in Fort Worth. Chacko discovered that his multifamily apartment complex had a historical overlay—something he wasn’t aware of when he bought the property.
This designation has prevented him from making necessary energy-efficient upgrades and safety improvements, ultimately affecting his tenants. Chacko discusses the economic hardships created by the historical designation and the difficulties in working with local authorities to find a resolution. Despite the setbacks, he remains determined to improve his property and create a better living environment for his tenants.
Tune in to hear how Stephen is fighting against unnecessary regulatory barriers while working toward a positive outcome for his community.
 
Check out American Potential here: https://americanpotential.com
 
Check out our Spanish episodes here: https://www.youtube.com/playlist?list=PL8wSZydeKZ6uOuFlT_1QQ53L7l6AmC83c
 
Facebook: https://www.facebook.com/AmericanPotentialPodcast    
 
Instagram: https://www.instagram.com/americanpotentialpodcast/
 
X: https://twitter.com/AMPotentialPod

Ver todos los episodios