Thursday, December 18, 2014

David Pestana (#8)

This month I had the opportunity to be connected with David Pestana through Jon Bradshaw. I was super excited about this connection because David is currently working in the real estate field which is what I have been leaning towards doing. David is a part time owner of EdgeCreek property management in Provo. His company acts like a professional management company and manages 1700 student housing contracts in Idaho, and 300 apartments.

David has currently finished up two projects. The first project was an expensive remodel of 72 Heritage Apartments in Rexburg. The second project was building a River Bottom office structure in Idaho. His company currently owns three office buildings, and most of the properties he manages are located in Idaho.

I also got the chance to talk with him about starting his company. He started the company in 2008 with his brother and life long friend. He was working in California at Wachovia, and just decided that he needed diversity and change and wanted to start something new. He went to school for exercise at BYU Hawaii and University of Las Vegas, but he said if he could go back he would go for something in the tech field.



Currently, EdgeCreek is the only business that David is working with, but he said that in the far future he may consider starting another company. He says he really enjoys the real estate market and will probably stick with this field. He recommended the real estate market because he said that all of the baby boomers are currently retiring, and are using real estates as retirement. He also suggested staying on the west coast if I am planning on going into real estate.

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