Sep 30, 2020
In this episode, Hall welcomes Doug Smith, CEO and Lead Investor at Hawthorne Funds.
Hawthorne Funds is a Houston-based private equity firm that couples Doug Smith’s funds with those of other investors to purchase, subdivide and sell large rural tracts of land in Texas. Their unique approach to adding value during the holding and disposition process gives them a competitive advantage that generates outsized returns for our investors.
Doug was previously a software developer for ExxonMobil, and he has gone on to buy and sell over 100 houses. More recently, he has bought and sold over 3,000 acres of rural Texas land from within Hawthorne Funds and his other business entities. Apart from his real estate investments, he serves as founder and partner of REI Network, which regularly lands on the lists of Inc. 5,000 Fastest Growing Companies and Best Places to Work. He was recently named to Houston's 40 Under 40 list and became bilingual after spending a year living in Spain and Chile. Doug received a B.B.A. in M.I.S. from Texas Tech University, finishing as the highest-ranking graduate.
Doug tells Hall what excites him right now in the real-estate sector, and he advises investors in the space. He explains how COVID-19 has affected the industry and the changes he sees coming up.
You can visit Hawthorne Funds at www.hawthornefunds.com, and via LinkedIn at www.linkedin.com/company/hawthorne-funds-jds-holdings/.
Doug can be contacted via email at doug@hawthornefunds.com.