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Mark Vincent Fanzler
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Justin Colby
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Justin Colby
What is up the entrepreneur DNA Family if you feel like you've reached the pinnacle of corporate world and you want to bet on yourself, you are going to want to listen to this. And by the way, if you're just an entrepreneur in general, you're going to want to know Mark Vincent Fanzler because his story is phenomenal. You're going to want to be here to listen to the whole thing. He was way high up on the ladder of corporate world and then said, I'm burnt out, I'm over this, I'm done. Leaves it and then starts his own thing. And it is incredible. Mark Vincent Fanzler is here. How are you, dude?
Mark Vincent Fanzler
I'm doing well. I really appreciate you having me here.
Justin Colby
I'm excited.
Mark Vincent Fanzler
Looking forward to this.
Justin Colby
You are a very special human being. Right. Your story is unique and, and what you built is very impressive. So I think if anyone is an aspiring entrepreneur or, or maybe they're trying to get to a place of hundreds of millions, I think they need to hear what you have to say.
Mark Vincent Fanzler
Yeah, I've been through a lot. I'm sure there's lessons that they could pick up on.
Justin Colby
So let's, let's paint a picture of who you are today. What does this look like? What does your world look like? And then we'll kind of walk backwards from what you've done.
Mark Vincent Fanzler
Sure. I own a vertically integrated set of companies. They include two capital funds, a debt and equity fund that we raise capital through to either provide loans to our ventures or for them to be partners and our ventures. One of the two. I have a Navigation.
Justin Colby
Hold on one second. Is that supposed to be there?
Mark Vincent Fanzler
Yeah.
Justin Colby
Oh, okay, cool.
Mark Vincent Fanzler
Okay, let's.
Justin Colby
Let's connect.
Mark Vincent Fanzler
Give him a choice to fix it.
Justin Colby
Yeah. So we're. We'll start over. Is. We'll go just what I said, like where are you at today was your
Mark Vincent Fanzler
picture and I'll make it from there.
Justin Colby
Yeah. Do well. So we're going to do one episode, so maybe just leave the screen black and I'll have Leia just put the backing on it. All right, so listen, you have an incredible story. You've done a lot. But let's start out by what is your world look like today?
Mark Vincent Fanzler
Yeah. I have a series of vertically integrated companies, all real estate related, specific to commercial mixed use real estate. For those who don't know what that means. Real estate. Commercial real estate is about 20, 30 different occupancy types. One's retail, one's office, one's something else. Something. My ventures all have three or more occupancy types in it. So all of my ventures cater to that. All of my companies cater that. I have two real estate funds, a debt and an equity fund for people who want to invest in real estate but want to stay hands off so we can provide collect money, provide loans to the ventures or they can be partners in a venture. Right. I have a real estate investment company that's national, so we buy commercial mixed use ventures across the country that are distressed in a variety of ways. We buy large land development tracks. We buy decommissioned hospitals, hotels, projects that have been wildly mismanaged and turn them more profitable campaigns. I have a realty group that has a commercial division and a residential division and currently in six states and expanding. That's in Delaware, Maryland, Pennsylvania, New Jersey, North Carolina and Florida. Texas and Colorado are next because they're where my next two biggest ventures are and I want my teams in control of that. I have a property management company in Delaware, Maryland and Pennsylvania, property maintenance company and same states. I have a steel building business that produces steel in 13 states. I bought that so I can provide steel for my own ventures at cost. But we also cater to developers around the country so we can pick a place that's closest to them, manufacture the steel for their developments. You know, for these kinds of buildings and then ship it to them from the closest place. And then I have a, a marketing company that originally started out as a wholesale business. You know, all the stuff that we all do. Right. That has become strictly a marketing company. All it does is market. It doesn't buy anything, doesn't do anything else.
Justin Colby
It just markets for opportunities that you try to figure out what to do
Mark Vincent Fanzler
with it for real estate to acquire. Right. And, and then 21st of this month we lost. We launch a educational and mentoring program specific to commercial mixed use.
Justin Colby
Desperate. No one fills that space, by the
Mark Vincent Fanzler
way, that I'm aware of. There's a few but they're, they're very. And some of them are pretty good. Okay. But none of them come with the kind of background that I come with.
Justin Colby
I, I what you are doing. So one of the things that I want all entrepreneurs to hear what you've done you vertically integrated and so there's a lot of businesses and I, I'm. You can pick an industry. Right. It doesn't have to be real estate. There's a lot of bolt on businesses that accent what you're doing. So if your main vertical, whether it be real estate, maybe it's a hair salon, maybe it's, there's other businesses that you actually have as revenue streams. Right, Right. And so I want people to just also listen. Like even if you pick an industry or a vertical real estate or otherwise start looking at things, this is what you've done brilliantly. Right. You have how Many, how many? Seven.
Mark Vincent Fanzler
Seven businesses. Eight. Eight on the 21st and we call
Justin Colby
them bolt on businesses. They're revenue streams to the main thing.
Mark Vincent Fanzler
Right. Right. And I can tell you how that came to be because I didn't set out to do this because I was in retirement. As you can remember, the first two companies were Invinc and Assets and Painted Horse Properties. Painted Horse Properties was the wholesale business. And out of that we would pick and choose the stuff that and Vincent wanted to buy and do the, the renovations and flips and bur and holds and all that other sort of stuff. Right. My and Vincent became the luxury brand. That's what people know is for we do very big, very high end residential flips that led to commercial work.
Justin Colby
Yeah.
Mark Vincent Fanzler
Because when I first left my corporate life, I didn't have the funds to do the kind of stuff I'm doing now. Didn't have the packing. Yeah. So I had to start like everybody else in the, in the piece of the business that I could do it afford. Yeah. The wholesale business. Provided the. The leads through its marketing efforts. Yeah. And I was concentrated only on the stuff I wanted to buy. I wanted to buy as much as I could. And I was passing on everything else. I let die on the vine things that were retail leads. Of course I had a license. Why was I doing that? I had people that needed properties managed. I was managing my own properties. Why don't I start doing theirs? Right. And I would just go down the list. And I hired some people. You know, as you grow, you start hiring people. And I said, one of the things I want to do is I want to start tracking this stuff. I'm letting die on the vine.
Justin Colby
Yeah.
Mark Vincent Fanzler
Very quickly. I got pretty angry with myself. Yeah.
Justin Colby
I was gonna say you just started counting the zeros and commas. You're like.
Mark Vincent Fanzler
So that turned into opportunity. And I took that stuff and I built teams around it from people that were within my existing companies and said, I see this as an opportunity. I want to see if we can make a run at it. You make it profitable, I'll put you in charge of the business. So that's how they came to be.
Justin Colby
And then do you rev share with those individuals? I mean, incentivize to grow it?
Mark Vincent Fanzler
Some yes, some no. Yeah, yeah. It just.
Justin Colby
So one of the things, as someone myself, I've grown a national presence in the real estate space. There are challenges. Right. And you're talking about you're opening up these new markets. Let's talk about some of the challenges by going outside of your own primary market. Again, we're talking real estate because that's where you and I thrive. But I think this is applicable to almost anything because you have to have a certain level of trust in people. Like, hey, I'm going to give you this opportunity. I think you said you're opening up Denver, Colorado or something. Colorado, you're not there.
Mark Vincent Fanzler
Right.
Justin Colby
So you're gonna have to trust like let's talk about some of the upsides. Slash downside. I think the upside is obvious because I would say you're looking at it as an open market that you can create more revenue and more business. Great upside. Let's talk about some of the downsides. When you do these type of things and you go into different states markets.
Mark Vincent Fanzler
Right. So in order to use your own people, it gets pretty expensive to do that remotely. Yeah, right. Cause you gotta put em all up, you gotta send them back and forth and all that stuff. And it just becomes very inefficient. Right. And far more costly. So it's a challenge to Find those people and put them into positions that you need them to be in so that all you have to do is manage the reports of the business and deal with the person. Let them deal with everything else. Right. I spent a life of that in commercial corporate life. I started as a carpenter, ended up senior vice presidents on all sides of the industries. So I've been very fortunate find that kind of success. So I know what it takes to recognize in a person what I need out of them, give them what they need to be successful, and have that person be the person I can trust to do that. I've made a life.
Justin Colby
Were you fortunate or did you just work hard, you work smart? You said fortunate. I sit here and I go, I don't know if a carpenter going to senior vice president means you were fortunate. I think there's some things people need to learn about what it takes to get there.
Mark Vincent Fanzler
Yeah. It's a lot of lessons, obviously.
Justin Colby
Sure.
Mark Vincent Fanzler
Most of it. The fortunate part of it is the people that I got exposed to that taught me the certain things that I needed to be and that I was wise enough to recognize it when it was happening.
Justin Colby
That's it.
Mark Vincent Fanzler
Yeah. And pay attention to it and take it.
Justin Colby
That's right.
Mark Vincent Fanzler
Right.
Justin Colby
That happened like this episode, by the way, you all, like, you're listening to the man who did it. Like, pay attention. Go ahead, keep going.
Mark Vincent Fanzler
So there are a couple examples of what that looked like that were like sort of flashes in my life. Right. One of the occasions there's a private club in Philadelphia that's the largest in the country and has sister organizations all over the world. It's not something that you can just go join.
Justin Colby
Right.
Mark Vincent Fanzler
Somebody has to vouch for you. And back in the 90s, when I became a member, the person vouching for you had to pay for you for the first year.
Justin Colby
That's commitment.
Mark Vincent Fanzler
Back then it was 30 grand. That's still commitment. Somebody. It was a couple people thought enough of me then to put me in a place that could do things for my career that I couldn't do on my own.
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Mark Vincent Fanzler
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Justin Colby
Right, can I pause you there for a second? I want to talk about that because you're leaning into what I believe to be my sweet spot. My secret to my success is why you're in my world is building community. Right, Right. And DJ Kristen and so many people that we both know, we just, we have a mutual friend. Sky is out there. You know, I think people need to hear that again. And you don't have to resay it but like rewind that you had people that believed in you enough to help you going go into or pay for you to get into a community that my guess, without you even having to say it, the people that then were in that community continued to lean into you, push you, elevate you, push you up. Ready to get to right guys and girls. Like, listen to this man. Like, this is everything in life. Keep going. I wanted to really highlight that though, because that is everything.
Mark Vincent Fanzler
Yeah. So throughout my life, I didn't have that. I had to sort of go into everything myself, learn it the hard way. I got beat up a lot, lost a lot. But in the middle of it, I ended up with a tenacity that just sort of carried me through. I don't have an off switch. There's. It was this inner drive that I really couldn't contain. I didn't know how to harness it yet. It was places like this that I began to learn how to do that. These people put me into this place and it was sort of like a jag hearing when I. When they put me in and they vouch for me. You walk in, it's this big, dark library. They're sitting at the other end, this ominous desk with these presents on the other side. And I'm sitting in a dimly lit side of the room. Yeah. And they're firing questions at you because they're wanting to test your character, who you are and how, you know, how you respond to things. I managed to get past it and they accepted me. And I can never repay that because one, I don't know who they are. It was enough.
Justin Colby
You don't even know who sponsored you?
Mark Vincent Fanzler
No. Oh, yeah. It gets me even today that that happened.
Justin Colby
Wow, bro, that's phenomenal.
Mark Vincent Fanzler
And the fact that it was like 30 grand in the 90s, that's a lot of money. Oh, I don't think today it's a lot of money. And it's not like I didn't know who they were. So it's not like I could give them business back.
Justin Colby
Right.
Mark Vincent Fanzler
To. To thank them. It was just.
Justin Colby
They literally thought high enough of you.
Mark Vincent Fanzler
It was just a gift. How do you repay that?
Justin Colby
Yeah, you pay attention and I can see the emotion on you and that's great. And I love that because really, that is what we're all. Listen, we've all have our stories. Your story is more extreme than mine. But I have a story. I had alcoholic parents. They left. You know, I'd come home, they're passed out in the kitchen at two o' clock in the afternoon. And you have an extreme story. I don't want to take away from where we were going. But what, what, what keeps you going? Like, because people could easily become the victim of that story and then lean into alcohol, drugs and otherwise and become a total.
Mark Vincent Fanzler
Right.
Justin Colby
You know, why did you not?
Mark Vincent Fanzler
I don't know that I have an answer to that. Because I was set up to fail from, from the start. You know, off screen, we talked about this. You know, I was abandoned at birth. I don't know who my biological father is. Never met the man, really never had a desire to meet him. Because I was the kind of per. I'm the kind of person, if somebody doesn't.
Justin Colby
You don't want me. I don't need you.
Mark Vincent Fanzler
I don't need you. But I. But I also didn't realize the effect that was the Toll it was taken on me throughout my life. Was adopted into a killer family. The guy that I call my pop is just a stellar guy. I can't say enough good about him. But during the course of my life, I went through a lot of that sort of stuff. And somehow in the middle of it, I became the person that only saw the good in things. I didn't focus on the negative. I didn't lean on the fact that I was abandoned. I didn't lean on the fact that I, you know, worked in a chicken house as a child because that's what my parents did for a living. You know, walking in crap and having your hands in crap, collecting eggs every day. Yeah. You know, it can be a pretty driving force to want something better. Yeah. Right. So it doesn't. It didn't matter whether, you know, you're inner city or chicken farmer, where you want to go is up to you. For me, I got to see. I somehow only got to. I got to a point where I only see the good.
Justin Colby
Yeah.
Mark Vincent Fanzler
Now, that doesn't mean I ignore the bad, but I only see the good. And it gave me an inner drive that just was something I didn't really know how to contain. It's like a wild mustang.
Justin Colby
Yeah.
Mark Vincent Fanzler
They're beautiful. It's fun to watch. If you got on its back before you had any kind of real training, it was a ride. Oh, yeah. That was my ride. Yeah. Right. And then you get to these places, like the Union League, that these people did this. For me, the one thing that I wished had happened that didn't is they put me in the middle of all this greatness, but they didn't teach me how to be in that space. The. What it was good to me, though, was they involved me into two round tables. They helped me pick the ones, put me in places where they thought it could be the most good. Back then, I really didn't know what to do with it, but here's what I got in the table. And I'm very good friends with all of these people today. Still great that we would sit around and after we knew each other, because I was new, so they'd have to introduce themselves. I'd introduce myself. And then once we got past that, every time we came, it was like, you know, how's your kids? How's your wife? What's going on? You know, is there anything personally you need help with? We were just like that kind of support for each other and that business. What's going well and what's going wrong. Right. And at the table. This was back in the BlackBerry days. Yeah. We would. Somebody would say, I'm struggling. You know, my lead service, my leads just turned off. I can't figure out why my phone won't ring.
Justin Colby
Yep.
Mark Vincent Fanzler
We would all start messaging everybody we knew. Yeah, my boy needs your help. We need this, we need that. Before we left, that guy had what he needed. That's great. And the person that was at the table that was the best at that thing was their mentor for the next 90 days until it wasn't a problem for him anymore.
Justin Colby
That's how it was set up.
Mark Vincent Fanzler
Most powerful group of people I've ever been involved with. That setup was insane.
Justin Colby
And that mentor didn't ask for anything. That was just the expertise. So if you're like, I need to create a podcast, you'd say, justin, I need. Right. But I wouldn't do anything. You wouldn't lean into you and.
Mark Vincent Fanzler
Because there was going to be a time you needed it, and I'd do the same for you.
Justin Colby
Love that. What a great economy.
Mark Vincent Fanzler
The second thing that happened that was like that. The only two times that this happened in my life because I didn't have mentors, I didn't have business people around me when I was growing up. I didn't have any of that stuff. New college degrees in my family, you know, so I didn't have advanced degrees to lean on or any of that stuff. It wasn't until this, and this was very late in my life, you know, my careers. At that point, I had the same thing happen. This person I did know was a union, a West Pointer, and he was part of something called the West Point Society of Philadelphia. We met at the Chart House in Philadelphia. Every month, instead of a table, we took over the restaurant. Nobody that was there was there other than staff and us. There wasn't no other patrons to say on these dates. Same thing. They had to vouch for me to the head table, which is all West Pointers, you know, high level West Pointers. And they paid my annual membership the first year, same setup. They accepted me because somehow I had managed to become sort of that insider circle. When you needed something done in Philadelphia, I was one of the people that you called.
Justin Colby
That's right.
Mark Vincent Fanzler
Right. I became sort of a corporate cupid of sorts.
Justin Colby
Sure.
Mark Vincent Fanzler
In about three months, there was two tables. Them and what they called the movers, the shakers table. Within three months, I was at that other table.
Justin Colby
Wow.
Mark Vincent Fanzler
We would do the same thing. The whole restaurant, while they were serving the food, they would set stand up this is who I am, this is what I do, and this is what I need. Hands would go up in the room. When you were done, you say, I'm going to sit in this chair right here. You don't go to the bathroom. You don't start a conversation with anybody. You don't do anything. Go to that spot and you wait. Because if they come to help you and you're not there, they're gone.
Justin Colby
Wow.
Mark Vincent Fanzler
They would do the same thing they did at the Union League.
Justin Colby
Yeah.
Mark Vincent Fanzler
Just incredible. These two places changed the way I do business. Since I left my corporate life, I have not found that. So I created it. We have a private peer group. People fly in from all over this, the eastern side of the United States once a month.
Justin Colby
To me, that's phenomenal.
Mark Vincent Fanzler
Yeah. It's a powerful cast of characters. Oh, yeah. I can only imagine. So that community that I got to be part of means everything. You know, you can't. You can't gain that kind of extra. I don't care how long you live, you can't. You can't learn all that. Right. It gives you an opportunity to be in front of the people that are doing all of the things that you want to do that have already worked out the bugs.
Justin Colby
Yep.
Mark Vincent Fanzler
Gives you an opportunity to be in front of people that have learned things that you will never have the time to learn. Yeah. And it accelerates who you become. If you know how to lean into that. I could lean into it. I can learn it. I just didn't know what to do with it. Yeah. I didn't know how to leverage all that back then. It's a different story today. But then these are lessons that took a lifetime to learn.
Justin Colby
Yeah.
Mark Vincent Fanzler
And it, you know, it led to what I do now, you know, because I didn't start out to run seven companies.
Justin Colby
Right.
Mark Vincent Fanzler
To be 62 years old and getting ready to start another one, for Christ's sake.
Justin Colby
God bless you.
Mark Vincent Fanzler
You know, but the thing is, I love this. Yeah. I don't consider any of it work. Yeah. It's just inner stress because the money's big and. And stuff like that. But I love what I do.
Justin Colby
Sure.
Mark Vincent Fanzler
And I'll do it until I don't enjoy it anymore.
Justin Colby
Yeah.
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Mark Vincent Fanzler
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Justin Colby
Amen to that. So what, you know, you, you had this trajectory in the corporate space.
Mark Vincent Fanzler
Y.
Justin Colby
When was enough enough? You know, I think there's a lot of people out there that are. They know they're meant for more. And I think your exit, and you can talk about your story, but your exit was probably more burnout than it was like. I know I could, I'm. I could be doing more for myself, but I still want to talk to the same type of person. Right. There's the people out there that know they're meant for more and they just need the mark behind them. And then there's people like, I'm so burnt out, I've lost my marriages, my kids don't know who I am, whatever those things are. Right, Right. Talk about that journey for you.
Mark Vincent Fanzler
Yeah, it was a bit of both because what took me from being a carpenter to the senior executive positions is that these are. I know that I'm meant for more piece of me. Right. There's, there's a bit of that in everybody. They just maybe do. They don't recognize it because they're hung up on the negative things in their lives instead of the positive things. Yeah, but I had a lot of that going on. I spent, you know, so much time perfecting what I was doing only so that I could use it to recharge. Yeah, right. Everything that I did, I knew when I stepped into that role, it wasn't the end. That was just next for me. Right. Yeah. Because the thing for me is When I was 17, 18 years old, I had a vision come to me and I don't have vision. So this is, this is why I can remember it so vividly, that I had driven up on a Job in a car that I couldn't afford. Stepped out on a job that had always been someone else's. People working that would normally work for someone. All of it was mine. I owned a car.
Justin Colby
You were 17.
Mark Vincent Fanzler
I was 17 years old. 17, 18 years old. Had this vision that I'd driven up on a job. The card I got out of was mine.
Justin Colby
Yeah.
Mark Vincent Fanzler
And it was a nice car. The best. The property that I was getting out to walk was mine. The people working there was mine. For the company, that was mine. All of it was mine. I had no idea how I was going to accomplish that. I just knew that I would get there. Didn't know how painful the path was.
Justin Colby
That gives me shivers.
Mark Vincent Fanzler
And I, here, here I. Here I am, you know, 40 plus years later, and I've not only done it once, I've done it seven times at the same time.
Justin Colby
And you are here, frankly, you have done that transition wildly successful. That is why you're in. The seat you're in is because again, someone vouched for you to some extent, said, hey, Justin, you need to have my friend on. And then I got to know you a little bit and we geeked out for God long call. And, you know, so there's all this cool stuff, but it's this, this vision and belief that you had in yourself at 17 that, you know, and again, we can kind of go into your real business now so people know exactly what you're doing. Because what I would tell you is make sure you go look up, Mark Vincent fans are everywhere. Connect with them. You can see he's a real guy. You can see he's. He's just here to give for all you. But that belief, seeing before you, you know, you re. You saw before it was actually visual, right? Because it was, it was a mental thing. But like the belief that one day I can go do that. How far did that, like, was that something that was always in the back of your head, like, one day I need to go do this?
Mark Vincent Fanzler
No, actually, I, I never believed it. I never believed I deserved it. Let me put it.
Justin Colby
Okay, I can appreciate that.
Mark Vincent Fanzler
So, you know, I'm coming from the life that I had been abandoned in. I didn't have any kind of formal education. I didn't have people around me that could keep me on the right path, any of that sort of stuff. I just felt like I was wildly unprepared for that vision. Yeah, right. I didn't have any of the stuff that I needed for that to happen other than the vision. And I Didn't. I didn't know the first thing about making that happen.
Justin Colby
So when you. You get to a point of breaking in the corporate world and. Or just tight, like, I'm done. Right. I don't know if you broke per se, but you reach senior VPs. I mean, you have it. You have the corporate. Everyone wants that thing. You say, I'm out. How the hell did you even start your first venture?
Mark Vincent Fanzler
It was. I needed some. I needed a break first, you know, because I had spent so much time fighting everything to get to those spots. The companies didn't want me in those spots. I sort of forced my way into those spots. I had people above me, trying to keep me below them. Everything else.
Justin Colby
Yeah.
Mark Vincent Fanzler
And over the years, gradually I climbed to those spots, and it was exhausting. It just. Christ, it was just so exhausting. You know, it's. And it was wild that my corporate life in many ways mirrored my personal life. You know, I had an adopted family. The father, my pop, really poured a lot into me, but his family didn't accept me. They would tell me, you're not. But, yeah, yeah, they use the words. So as a child, that's devastating. Of course, in my corporate life, similar things would happen, and I would know, because of my experience that what they wanted me to do wasn't going to work. Not. It had no bearing on how much pressure, time and effort I was going to put in it, how much skill I'd put in it. It wasn't going to work because I knew fundamentally it was bad idea. And they would look at me and say, where'd you get your degree?
Justin Colby
Same kind of idea. Same like, who are you?
Mark Vincent Fanzler
Yeah, you don't. I'm not blood. You don't have the pedigree.
Justin Colby
Yeah, we don't belong here.
Mark Vincent Fanzler
And don't talk to me until you get a degree. Three months later, they would have to eat their words because what I told them happened.
Justin Colby
Yeah.
Mark Vincent Fanzler
You know, so it was just an exhausting period to go through all of that because every time I would go somewhere, there would be my ceiling. Because in real estate and construction, particularly, if you're very good at a role, they don't want to move you out of it because you could step up into another role and suck at it. And then the person they put in your position could not be as good as you. Now they've screwed up two positions.
Justin Colby
That's right.
Mark Vincent Fanzler
So it's very hard to make that move. So part of it is I just needed a break. I went through a lot, and I Thought, okay, what's next? And I didn't know what that was. Yeah, I just knew that what I was doing was no longer working for me. I wasn't learning anything from anybody. Yeah.
Justin Colby
So you exited.
Mark Vincent Fanzler
So I got out. I took a couple years to myself. Went through, you know, a bad relationship that, that ended. Met someone who's my wife now. It's just a fantastic lady.
Justin Colby
Congratulations.
Mark Vincent Fanzler
Yeah, thanks. She's great. She's got a doctorate in neuroscience and psychology. How I got past that I have no idea.
Justin Colby
Honey, do you know who my child. You know Larry. Well, that's been, I mean by the way, super interesting. I love that stuff. And so.
Mark Vincent Fanzler
And then we, and then I started doing stuff because I couldn't not do anything. We're just building. I just, I've been built to do stuff.
Justin Colby
Yeah.
Mark Vincent Fanzler
You know, so I couldn't not do anything.
Justin Colby
What was your first venture? What was the first thing? You're like, how many was this?
Mark Vincent Fanzler
It was a house.
Justin Colby
Just to flip a house.
Mark Vincent Fanzler
Just to flip a house. I went and paid 60 grand for a house. I put 60 grand into it and it sold for two and a quarter.
Justin Colby
And then what did that lead to?
Mark Vincent Fanzler
That led to another one and another one and then several of them. And then several of them and it led to, it led to, it led from market rate housing to luxury housing because that became the brand we were known for.
Justin Colby
Remodeling million dollar homes plus whatever.
Mark Vincent Fanzler
Yeah, we were just, we were doing level to finishes that people just don't see.
Justin Colby
How did you part of that transition
Mark Vincent Fanzler
and part of that comes from corporate life. The standards are very different than they are in residential.
Justin Colby
Oh yeah, right.
Mark Vincent Fanzler
So I just brought that corporate standard, commercial standard to a residential platform. And you know, we got to the point that people were waiting like when's your next one? I got people waiting for your house. Yeah, right. So that was, that was kind of cool. But you can't do, you can't scale that.
Justin Colby
Right.
Mark Vincent Fanzler
They're just, and they're not big enough to make enough money when you can't scale a product. Yeah. To make it wildly successful. So I got back to my roots, started doing commercial stuff, started doing mixed use stuff. And that's when it happened. You know, everything in my business changed at that moment.
Justin Colby
And that was your strong suit. That was your expertise. That's my, you're ableen into it.
Mark Vincent Fanzler
That's my wheelhouse. A big business. Because I was doing little business. And you know, the, the challenge is when you step into a company that already has the marketing and the money and the staff and processes and procedures and guidelines, all that's in place, I can step into that and I can make anybody better. I just have a gift for that.
Justin Colby
Yeah.
Mark Vincent Fanzler
A company that's struggling, that's in crisis, crisis management, I can deal with that. But when you start a company from scratch, dude, that's a different thing entirely. I've never done that. Yeah, you know, you kind of got to do everything yourself until you're making enough money you can start to pay those people to. So to get from nothing to where I was. Yeah, that was a struggle.
Justin Colby
Yeah.
Mark Vincent Fanzler
But we got there. So now here we are. You know, I do commercial mixed use ventures. So I'll give you an example of a couple of them.
Justin Colby
Sure.
Mark Vincent Fanzler
I've got a property under contract in Colorado. It's the largest undeveloped tract of commercial real estate within 100 miles of itself. It's a beast of a project. So it's going to be mixed use. It'll have 350 to 400 condos on it. It'll have 100 to 125,000 square feet of commercial mixed use retail on it. So it'll have, you know, stores and restaurants and all kinds of different things. And then with the leftover piece of land and that, it wasn't big enough for a building, but it was sort of at the end of a weird shape. I'm able to buy the piece next to it. If I put those two pieces together, I could put like 150 room Hilton Garden in style hotel with it. So that's the, that's the cross population of the occupancy types. Right. Killer deal. I got it under contract. The guy that's in it likes what I'm doing and says only give me this much, I'll stay in as a partner on the back end. I don't want to do anything, I don't want to hear anything. I just want you to show me the reports. I want to be able to log in and see what you're doing. And if I have any questions, I'll call you. Otherwise you won't hear from me. Cool. It was like 25% of the venture he was willing to leave behind. Wow. Killer deal. I met that person at an EXP event, oddly enough. And when you meet these people and you know something's happening. Yeah. It's like the rest of the room goes away.
Justin Colby
That's right.
Mark Vincent Fanzler
Right. You pay attention to it. I gave the guy like three hours and like a month later he called this Dude, I gotta, I got a venture I think you're interested, you should be interested in was this deal and gets bigger around the corner from this property. A national developer out of Texas just won a 40 year legal battle from with an environmental company because he's going to redo 300 acres on top of a mountain, put in 1700 ultra luxury homes in 225,000 square feet of commercial retail to support that pocketbook. Because these people are loaded. These are people that have two, three, four, five houses already. They want another one so that when they go ski they can stay in their own house and they don't want anybody else using it when they're not there. That kind of money. So we spent some time talking and I'm asking a bunch of questions and he says, dude, you're asking me a lot about my business. Why are you asking me so much? And I told him what I'm getting ready to do. Yeah. And I said the next thing. What I, what I did also was I looked at your business to see what you needed. And when I see you have a problem and you haven't fixed it in your own development, he says, what's that? So there's no place for the next 10 to 15 years for the people that are going to come build your stuff. There's no place for them to stay. He says, yeah, no, we can't figure it out. So I got an answer for you. I'm going to take my condos, I'm going to condo the docks so everything's legit. I already negotiated with the municipality to treat them as apartments as long as I own them. From a tax perspective. He said, I'll fit the inside out, builder grade. I'll lease them to your people so that you can build your stuff. And when they're done, I'll renovate them into luxury condos and I'll sell them off. He said, you're the only person that's come to me since we won this bagel, this legal battle that hasn't wanted to be in on my venture, wanted to ride our coattails or just wanted to do a land grab. Yeah, you're here long term and you fix my problem. He said, I'll tell you what, you get through exploratory plan approval, I'll give you a corporate lease for the entire project. Now he's going to want a discount. Of course we'll have to battle over that. Yeah, but he says, and I'll go one farther. I have commercial retail in my space, but I'm not a commercial guy. Would you be interested in partnering up and you take over the commercial piece online? One relationship, two deals which will lead to more. Just the condo sales at the back end of the deal after all the other money's made is $120 million in sales just on the one job.
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Justin Colby
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Mark Vincent Fanzler
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LinkedIn Hiring Pro / GoFundMe Advertisers
My name is Mackenzie and I started a GoFundMe for the adoptive mother of a non verbal autistic child. The mother had lost her job because she wasn't able to find adequate care for this autistic child. So she really needed some help with living expenses, paying some back bills. So I launched a GoFundMe to help support them during this crisis and we raised about $10,000 within just a couple of months. I think that the surprising thing was by telling a clear story and just like really being very clear about what we needed, we had some really generous donations from people who were really moved by the situation that this family was struggling with. GoFundMe is the world's number one fundraising platform trusted by over 200 million people. Start your GoFundMe today at gofundme.com that's gofundme.com gofundme.com this podcast is by supported,
Mark Vincent Fanzler
supported by GoFundMe plus the retail plus the leasing.
Justin Colby
For the from one convention you went to one person being intentional with communicating this person for three hours.
Mark Vincent Fanzler
Yep.
Justin Colby
Not looking to take. Looking to add value. Interested. Asking questions. Three months later leads to this deal which leads to this opportunity now with this text developer which leads to hundreds of millions of dollars. And I'll say it for you, it's about the people you know and the handshakes you make.
Mark Vincent Fanzler
Exactly. So that's one. I have 13 deals like that. One of the other ones, the one I'm most excited about is my companies collectively because we're all vertically integrated and work so close together. Well, let me, let me start with this. The reason I vertically integrated instead of Just hiring out to other companies. Yeah. Is because we're all in the same building and we all work together. We all see what's going on with each other and it creates this cyclone of energy inside itself where we're feeding each other. Hey, I heard you had that going on. I got your answer. I got yes. Right. Instead of having separate companies all over the place, this happened. After all this sort of materialized, my companies got introduced to two guys. They're a team of doctors. They had a vision. I like the vision. What they want to create is on five acre parcels around the country. 55,000 square foot facilities. They already got the building designed. They just need to do the foundations down in the site, work for each location. All pediatric related. Pediatric, dentistry, pediatric or surgery, pediatric, general physicians, and all the specialty therapeutic areas. 50 locations. 50. My companies are responsible for locating the real estate, negotiating them, tying them up, getting them through the entitlements. I'm a development partner with them, so I own the real estate with them, not the business. Yeah. We manage the facility and maintain the facility. My collective companies are responsible for all of that.
Justin Colby
Wow.
Mark Vincent Fanzler
One client.
Justin Colby
That's insane.
Mark Vincent Fanzler
Best thing is they have the team of doctors around the country. They have the network to fill every one of those buildings to 70% occupy before we start the last 30%. I'm holding reserve to negotiate with local healthcare systems.
Justin Colby
Yeah.
Mark Vincent Fanzler
Because I want them to be able to come in and do outpatient surgeries and stuff like that.
Justin Colby
Sure.
Mark Vincent Fanzler
Right. So we can include, you know, local presence. So that's 50 locations. We're raising capital for both of those deals. This one we have 100% financing for. They want a 25% surety on the first building. I only got one capital call. I got 50 buildings financed. I need one capital call. $8.5 million. The $8.5 million for this one gets held as a surety in the form of a CD. And it's held in escrow for 36 months. At month 37, they get the money back. They get the interest from the cd, which is only about a half million dollars. That's not the exciting piece. First, that surety sets behind my payment and performance bond. So I would have to fail. Yep. Which I've never done. And Fidelity Bonds would have to fail. That's who my bonding company is. Well, not going to happen. Not never going to happen. Because the bond steps in and finishes a job. Right. That's what it's for. So they get their money back at month 37. The people that invest let's say it's one person or one family office or one hedge fund. They get 15% of the first building and 10% of the next 49. So what does that look like? This is the creative finance that I love. This is what I. Right. They get. If we're using Wilmington, Delaware as an example of the national average average for construction costs, leasing and all this stuff that goes into real estate, you can expect that these numbers are going to balance out across the country. Averaging this, knowing that if I did one down here, it's going to be a lot higher. If I did one in Kentucky, it might be lower or something like that. Right. But the numbers look like this. From acquisition to stabilization. That's when I turn it over to a permanent asset manager. If it's not in my region, that's entitlements. Construction, fill in the building, operating it, everything. 70% complete. The building is $35 million. All of that, the land, everything, approvals and everything. The building's worth 65, 30, 30 million in equity per building. First building for a partner, they get 15%. That's four and a half million dollars. On top of getting their money back at 137. On top of the half. Half million dollars in interest on the CD interest, four and a half million dollars plus 15% of the net revenue after debt service on the first building and 10% for the next 49. That's 3 million a building. Plus the revenue. It's 152,5 just in equity for one $8 million investment. They get back at month 37. This is what I do.
Justin Colby
That is exciting. Makes me question what I do.
Mark Vincent Fanzler
It's just different, dude. You know, so this is, this is what I love.
Justin Colby
Yeah.
Mark Vincent Fanzler
You know, I. I find opportunities where something's missing.
Justin Colby
Yeah.
Mark Vincent Fanzler
And I build something big around it. Love it. Big business is what I do best.
Justin Colby
You're an incredible human man. It is going to be a fun journey to be friends with you and do a lot of business together.
Mark Vincent Fanzler
Yeah. I look forward to this.
Justin Colby
Will be good.
Mark Vincent Fanzler
Yeah.
Justin Colby
Guys, this is Mark Vincent Fanzler. I am Justin Colby. If this was helpful, please share this with at least two of your friends. You can find him everywhere. Mark Vincent fans are all over the Internet, all over social media. You're an incredible business owner. You're incredible, dude. Appreciate you.
Mark Vincent Fanzler
Thanks, man. I appreciate you having me here.
Episode: From Carpenter to $150M Deals: How This Man Built a Commercial Empire | Mark Vincent Fansler
Host: Justin Colby, Bleav
Guest: Mark Vincent Fansler
Date: March 2, 2026
This episode follows the extraordinary journey of Mark Vincent Fansler, tracing his path from humble beginnings as a carpenter to building a vertically integrated commercial real estate empire. Fansler shares his experiences navigating the corporate world, overcoming personal and professional obstacles, and ultimately constructing a business ecosystem that has completed deals worth hundreds of millions of dollars. Entrepreneurs at any stage will find actionable insights on scaling businesses, building community, overcoming adversity, and the value of giving before taking.
[03:07 - 05:40]
Vertically Integrated Companies: Mark leads a collection of real estate-related businesses, including:
Quote:
"All of my ventures cater to commercial-mixed use. I’ve got seven businesses. Eight on the 21st."
— Mark Vincent Fansler [06:19]
[05:41 - 08:50]
Organic Expansion: Mark describes how each business developed as a solution to problems or missed opportunities within his primary companies.
“Bolt-On” Businesses: Each new company adds revenue streams, enhances control, and broadens reach—transforming previously “wasted” real estate leads and operational needs into profit centers.
Smart Delegation: Mark empowered key team members to spin up and run these businesses profitably, incentivizing some with revenue sharing.
Quote:
"You make it profitable, I’ll put you in charge of the business."
— Mark Vincent Fansler [08:00]
[08:18 - 10:24]
Challenges of National Expansion:
Corporate Roots: Mark’s experience in climbing from carpentry to SVP roles in corporate America helped him recognize, nurture, and trust leadership in others.
Quote:
"I've made a life out of being able to recognize in a person what I need, give them what they need to succeed, and trust them to execute."
— Mark Vincent Fansler [09:49]
[12:57 - 22:20]
Game-Changing Communities:
Peer Accountability and Support:
Quotes:
"Some people thought enough of me to put me in places that could do things for my career I couldn’t do on my own."
— Mark Vincent Fansler [11:04]
"At the table...someone struggling, we'd all start messaging everyone we knew...before we left, that guy had what he needed, and the person best at that thing mentored them for the next 90 days."
— Mark Vincent Fansler [18:40]
"You can’t learn everything on your own. That kind of community accelerates who you become."
— Mark Vincent Fansler [21:55]
[15:51 - 17:25]
Early Life Challenges:
Self-Belief and Adaptation:
Quote:
"In the middle of it, I became the person that only saw the good in things. I didn't focus on the negative...It didn't matter whether you’re inner city or chicken farmer; where you want to go is up to you."
— Mark Vincent Fansler [16:12]
[23:44 - 28:27]
Why Leave the Top of the Ladder?
Quote:
"I just knew what I was doing was no longer working for me. I wasn’t learning anything from anybody."
— Mark Vincent Fansler [30:18]
[30:56 - 32:14]
First Venture: Flipped a house for a $100K+ profit.
Scaling Up: Series of successful flips led to a focus on luxury residential, but the pursuit was ultimately limited by scale. Pivoted toward commercial mixed-use projects, leveraging experience and standards from corporate life.
Quote:
"I just brought that commercial standard to a residential platform...We got to the point people were waiting for our houses, but you can't scale that."
— Mark Vincent Fansler [31:26]
[33:09 - 44:40]
Colorado Mega-Development
[33:11 - 37:20]
Largest undeveloped tract in the region: 350-400 condos, 100K+ sq ft of retail, and a major hotel.
Opportunity came from a relationship built at an EXP event.
Partnership with a Texas-based developer: Mark’s solution to a housing problem for workers led to exclusive leases and additional commercial opportunities.
Just the condo exit: projected at $120M in sales.
Quote:
"You're the only person who's come to me since we won this legal battle that hasn't wanted to ride our coattails or just grab land."
— Mark Vincent Fansler [34:42]
National Pediatric Medical Centers
[39:17 - 44:16]
50 locations nationwide: 55,000 sq ft pediatric medical and surgical centers.
Mark’s companies find land, develop, and manage the sites, controlling every aspect.
Structures creative finance: One capital call of $8.5M as a surety, secured by a performance bond, investors get their money back in 37 months plus substantial equity and cash flow. Projected at over $150M in equity for investors.
Quote:
"First building, they get 15%. Next 49, 10%. One $8 million investment gets them back their cash, plus approximately $152.5 million just in equity."
— Mark Vincent Fansler [44:03]
Vision & Self-Belief
Value-First Networking
Relentless Adaptation
Community Is Everything
Mark Vincent Fansler’s story is a masterclass in vision, resilience, and the art of building not just companies, but communities and opportunities for others. Justin Colby does an excellent job probing beneath business tactics to expose the tenacity, generosity, and strategic relationships at the core of real entrepreneurial success. Whether you’re just starting out or looking to scale, this episode delivers actionable wisdom and inspiration for every stage of the entrepreneurial journey.