Minimal Living Concepts in Real Estate w/ Zander Diamont & Jared Amzallag - BRT S04 EP25 (188) 6-25-2023

Minimal Living Concepts in Real Estate w/ Zander Diamont & Jared Amzallag

BRT S04 EP25 (188) 6-25-2023

 

What We Learned This Week

• Minimal Living Concepts, offers a simple, turnkey solution and an incredible product. Modern architecture and great design for an ADU (accessory dwelling units)

·         Transparent packaging and pricing, Four simple product options and they handle everything – architectural designs, permitting, building.

·         No Hassle or Complications - Most people don’t want the work of hiring an architect, finding a contractor, dealing with complicated permitting issues, and so many entities.

·         Their families both work in the real estate industry. Zander and Jared met working together marketing in LA. Both of them have a background prior to that in real estate.

·         Clean Industrial modern look is their style of the home. An open living space with lots of light and function.

·         Their families both work in the real estate industry. Zander and Jared met working together marketing in LA. Both of them have a background prior to that in real estate.

 

 

 

 

Guests: Jared Amzallag & Zander Diamont of Minimal Living Concepts

 

https://minimallivingconcepts.com/

 

In 2020, Zander joined Minimal Living Concepts with co-founder Jared Amzallag in a move to Arizona, where they saw an opportunity create a company focused on revolutionizing the new build experience, taking something that has been historically complicated and simplifying it.

 

Headquartered in Scottsdale, the company has built and sold over 60 ADUs (accessory dwelling units) in Arizona to date. Minimal Living Concepts offers a simple, turnkey solution and an incredible product. Modern architecture and great design. Four simple product options. Minimal Living Concepts, has grown to a team of ten.

 

Transparent packaging and pricing and they handle everything – architectural designs, permitting, building. Each unit is built with traditional construction methods with starting prices ranging from $150,000 for the smallest guesthouse to $298,000 for a two-bedroom, two-bath 1,178 square-foot minimalist home, to $418,000 for a three-bedroom, 1,600 square foot home.

 

“We’re providing a revolutionary new approach to the traditional building process,” says Diamont. “Most people don’t want to take on the hassle of hiring an architect, finding a contractor, dealing with complicated permitting issues, and dealing with so many entities. We geek out over the little things, so our customers don’t have to.”

 

 

Jared Amzallag

 

Born in Los Angeles, Jared moved to Arizona at a young age and grew up in Scottsdale. Jared earned his bachelor’s degree in business from the ASU W.P. Carey School of Business where he simultaneously managed marketing and events for Red Bull for several years while earning his degrees. He then moved to Los Angeles  where he joined Saatchi & Saatchi to co-manage Toyota’s marketing strategy regarding all action sports programs and athlete partnerships. From there, Jared joined Postmates as the Los Angeles City Manager, where he worked to get this new on-demand application, its supply chain, and operation fully established and stabilized in the Los Angeles market. 

 

In 2017, Jared co-founded an advertising agency focused on creating high end short form content for social media campaigns. Clients included Toyota, Nike, Samsung, and American Express. It was through his work in the digital advertising space that he met Zander Diamont, co-founder of Minimal Living Concepts.

 

The two bonded over a passion for real estate and their shared entrepreneurial drive. When Los Angeles shut down during the pandemic, and Jared was traveling to Scottsdale on a regular basis to visit family, he saw an opportunity to create a company that could build stand-alone home offices for the many people working from home. He immediately recognized that in Arizona construction was moving full speed ahead in the business-friendly environment, 

 

 

Zander Diamont

Born and raised in Los Angeles, Zander’s drive for success began at an early age. A born athlete, he racked up a number of truly distinctive accomplishments while playing football at Venice High School. Zander finished his high school football career with accolades such as Tom Lemming’s All American List,  Los Angeles City Player of the Year, and the California Jewish Hall of Fame Athlete of the Year. His dominance on the high school field led to an equally impressive collegiate career at Indiana University, where he started as a freshman, set rushing records, and played in back-to-back bowl games.

 

Zander then applied the same tenacity, drive and determination that propelled him as an athlete to gaining experience in production and advertising positions before launching his own social media agency in Los Angeles. His passion for real estate led him to join his mother Cindy Ambuehl, one of LA’s top real estate professionals, in the family business. Zander made a natural transition to luxury real estate, selling over $75 million in real estate in his first two years.

 

 

 

Notes:

Seg 2

They both build and design small houses usually as an add-on to a property - could be a backyard office or mother-in-law home. Also called ADU or accessory dwelling units.

This is a turnkey system where they handle the set up design and build from beginning to end. They have a team that will get the permits, design the structure, and then the contractors to build it. They give clients the full price estimate for the entire site cost, including the feasibility insight study.

Zander and Jared met working together in Los Angeles in marketing. Both of them have a background prior to that in real estate. Their families both work in the real estate industry.

The idea of a minimal living space for a separate add-on to a house has become quite popular. Multi generational housing, to have relatives close by but not in the same house. Also more cost-effective sometimes than using assisted-living or having older parents move into a community.

A one bedroom structure is a $200 K build, and commonly could be used as a Snowbird condo. Sizes range from anywhere from 350 to 1200 ft.

 

Seg 3

The style of the small home could be similar to a primary home, good living space with 9 to 10 foot ceilings. It is common that they would be built on a bigger property as this looks similar to a rental apartment in a backyard or a pool house.

Jared’s family moved to Florida to build a real estate business. They do 40 flips a year. Prior to that they built a business on the West Coast called Computer Guidance, and exited over 10 years ago, selling the business.

Zander comes from Los Angeles where his mom is one of the top realtors. Both Zander and Jared have sales and marketing backgrounds.

They did lots of research prior to starting Minimal Living Concepts. They studied all types of alternative and smaller building including container homes and modular type homes. They got their first client Tom, and were able to build one ADU, and now they had proof of concept.

In doing their research they didn’t really like the pre-fabricated homes or container homes. There were lots of complications in converting them and setting up utilities.

Their style of home still maintains that clean industrial, but modern look. An open living space with lots of light and function.

 

Seg 4

Minimal Living clients typically are looking for these types of small dwellings, and then reach out to them. They have a team of 8 people which consists of design, sales, architects, and construction.

ETA timeline to create the small space is 7 months from start to finish. It can take up to 3 months for permitting, and then an additional 4 months to build.

Common requests are for anything from a pool house to a 1 to 2 bedroom. The operation is totally turnkey, created for built to order. This is the most seamless path to create a small house.

The idea is like a show room, where a client would go in and then have a few choices for each room to pick out, i.e. cabinets, bathroom fixtures, paint, etc.

Minimal Living next project will be to take their modern minimalist design and apply it to building a primary residence. These could be 2 to 3000 square-foot homes.

Their business has been totally self-funded by sales. They currently do not have investors. They expect to take on some investors in the future to create spec builds for primary residences.

Minimal Living Concepts is more than a niche industry to build small homes. Their company is really more about the design idea for having a minimalist looking home.

 

 

Seg. 1

 

Replay Clip from –

 

Karma – The Art of Architecture Design w/ Jason Boyer of Boyer Vertical

 

BRT S04 EP12 (174) 3-19-2023

What We Learned This Week

• Architect first, then a Developer. All about the Design of a project.
• No unlimited budget. You have to work within your constraints to build better projects.
• Real Estate is a Team sport. Build your relationships as it becomes a major part of your success.
• Good Design is Good Business

 

 

We revisit the interview with Jason Boyer talking about design

 

Full Show: HERE

 

 

 

 

Real Estate Topic:

https://brt-show.libsyn.com/category/Real+Estate-Construction-Land-Farming

 

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