- Words by David Wylie Photography by Lia Crowe
Bob Mangat has a vision to balance density and space in his Kelowna developments.
香蕉视频直播淚 want to create great communities where people live, love, laugh and continue to build memories,香蕉视频直播� Bob explains. 香蕉视频直播淭here香蕉视频直播檚 nothing more satisfying than to help someone buy a home or to create somewhere they香蕉视频直播檙e going to live and make memories. That香蕉视频直播檚 what I envision when I香蕉视频直播檓 building something.香蕉视频直播�
But Bob also wants to create a platform for local residents to participate in developments. And as part of this vision, Bob founded the 1440 Group, a real estate investment entity that 香蕉视频直播渄reams big, sets achievable goals and provides investors with possible positive returns on investments.香蕉视频直播�
When Bob landed in Kelowna, looking to purchase an apartment building, it was a property that caught his interest and one of 1440 Group香蕉视频直播檚 current projects is Dolce on Bernard. It香蕉视频直播檚 made up of 32 modern townhomes located on the edge of downtown Kelowna in an established area along a tree-lined corridor. It will amalgamate several properties into a cohesive townhouse development. Bob envisions densification, but balanced with space to breathe. The two- and three-bedroom homes have rooftop patios and double garages. They start in the mid-$700,000 price range.
香蕉视频直播淚t香蕉视频直播檚 a beautiful project,香蕉视频直播� he notes.
Another project, a 10-unit townhome development called The Rise South Glenmore, is under construction with the first residents expected in November.
The 1440 Group was founded with the idea that there are 1,440 minutes in a day, and the choice is ours how we choose to spend it.
香蕉视频直播淲here you live, where you work is a huge part of our philosophy in creating communities that are going to allow people to live, to work and to create families in that same space,香蕉视频直播� Bob says, adding that he香蕉视频直播檚 committed to doing community-focused projects in Kelowna.
香蕉视频直播淜elowna has always had a special place in my heart,香蕉视频直播� he says.
Bob香蕉视频直播檚 journey to developer grew from humble roots. He was born and raised in Surrey. His parents, from India, worked long hours and eventually opened up an ethnic grocery store. Business was challenging, however, and included a spate of robberies.
香蕉视频直播淓ventually it got the best of them and then we had to close up shop,香蕉视频直播� Bob recalls. 香蕉视频直播淚t was heartbreaking as a little kid to see my parents go through that.香蕉视频直播�
Bob studied at Langara College and worked three jobs to help pay for school, while also balancing his passion for soccer.
He started to flip real estate, venturing into a years-long entrepreneurial journey.
香蕉视频直播淭hat scenario has been my life香蕉视频直播檚 story. I香蕉视频直播檝e always looked for opportunity when there is adversity,香蕉视频直播� he says.
Bob got his real estate licence and created his own real estate brokerage, which focused exclusively on dealing with real estate investors. Bob describes it as one of the largest companies of its kind, and it香蕉视频直播檚 where he learned how to manage tenants and handle real estate properties香蕉视频直播斚憬妒悠抵辈everything from A to Z,香蕉视频直播� he says. He also taught thousands of investors香蕉视频直播攆rom those just starting out to those with with experience香蕉视频直播攈ow to invest.
However, working 80 hours a week trying to keep up with the business at 27 years old made for a stressful family life.
Bob shifted into digital media and focused on building systems, processes and effective digital marketing. He worked to grow his businesses, building a software and media company香蕉视频直播攁nd became a two-time bestselling author along the way. Bob is the author of two books on marketing, including The Automated Entrepreneur: How To Boost Sales, Maximize Profits, and CRUSH the Competition.
香蕉视频直播淚t香蕉视频直播檚 been an interesting 20-some-odd years in entrepreneurship, that香蕉视频直播檚 for sure,香蕉视频直播� Bob, now 45, says. 香蕉视频直播淎s I was going through this I began to think about my journey as a young man, then a young family man and now a man in middle age. And I started to think about where I came from. When my wife and I married, we lived in a basement suite. Then we rented a condo, then we bought a condo, then we moved from a condo to a townhouse, then we sold that and moved to another townhouse.香蕉视频直播�
Now his life has come full circle, back to real estate.
The 1440 model allows accredited investors to invest as a limited partner. The company buys groups of properties and over time creates larger areas that can be built out. The 1440 Group takes care of the plans, vision and marketing.
Bob says it香蕉视频直播檚 important to him that he remains hands-on with the marketing campaign for his project in downtown Kelowna.
香蕉视频直播淢y mission in life is to impact [positively] as many people as I can,香蕉视频直播� he says. 香蕉视频直播淚香蕉视频直播檒l look at a piece of dirt or a company and I香蕉视频直播檒l see where I can take that piece of property or that company and where I can get it to.香蕉视频直播�
The 1440 vision, he adds, is to create a platform for local residents to participate in developments.
香蕉视频直播淚n my 20s and 30s, I would see developments go up around me and I wondered how I could be a part of that,香蕉视频直播� he said. 香蕉视频直播淭he 1440 Group is working on a few things to turn that into a reality. You can drive by a street in your community and potentially own a piece of the development and share in the upside. We香蕉视频直播檙e going to make it easier for someone just starting out to invest in bigger projects.香蕉视频直播�
It香蕉视频直播檚 just all part of the vision.
Story courtesy of , a Black Press Media publication
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