The Blueprint for Navigating Two Industries: Real Estate & Spirits with Cole Mueller

Cole Mueller is a real estate developer, entrepreneur, and endurance athlete based in Southern California. At RMCI Group, Cole specializes in developing high-end luxury spec homes in markets like San Diego, Napa, and Malibu. Beyond real estate, Cole made waves in the spirits industry by founding Maniball, a peanut butter-infused tequila that quickly gained traction in the spirit industry.

Listeners can learn more at Maniball Tequila and The RMCI Group, and on IG @maniballtequila and @rmcigroup

Notes:

• (0:00) Welcome to the CashFlow Quest Podcast!
• (0:15) Jennifer welcomes guest, Cole Mueller to the show
• (2:30) Cole’s background from baseball at UC Santa Barbara to real estate
• (6:30) Finding off-market deals, financing, and high-end buyers
• (10:30) Plans to expand doing high-end spec home flips
• (19:00) How Cole developed the first peanut butter tequila and entered the spirits industry
• (25:00) Brand design, brand identity, and launching Maniball
• (30:00) Transitioning back to real estate
• (38:00) How to stay ahead of housing trends
• (43:30) Future business goals and plans
• (47:00) Exploring new tequila flavors
• (50:00) The rise of non-acoholic drinks
• (52:00) Closing thoughts

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Blake Comfort, Co-founder of ComfortCommunities and Comfort Capital in 2008, embarked on a journey to acquire manufactured home communities, laying the foundation for the investment and management company we have today. In 2009, Comfort Communities acquired its first manufactured home community, and since then, the company has continued to expand, purchasing and managing numerous manufactured housing communities. Blake oversees all capital market functions, acquisitions, and deal sourcing forComfortCommunities and Comfort Capital. When he’s not working, Blake cherishes spending quality time with his wife and two young children and occasionally takes to the skies, flying around San Diego.

Jennifer Purcell, Co-founder of Comfort Communities and Comfort Capital, was raised in a real estate-loving household with her father being a general contractor and developer of over 4,000 units in San Diego County. Her mission is to change the perception of “Trailer Parks” and create exceptional living environments with top-notch service for residents. A San Diego State University graduate, Jennifer previously worked with R&V Management for their multi-family apartment portfolio at a leading global corporate housing company. Since 2009, she’s been instrumental in building Comfort Communities management team and fostering relationships with trusted investors and advisors, contributing to Comfort Capital’s success today. When she is not operating mobile home communities, she loves spending time outdoors, throwing the ball for her dog, and spending quality time with her husband and her two young children.