Building for Billionaires (Moses Hershko x Manny Varas)

In this episode, Moses sits down with Manny Varas, founder of MV Group one of South Florida's most sought-after luxury home builders. Manny breaks down how he analyzes a property before a single dollar is spent, why terminal value matters even when you're building for yourself, and how the right designer can generate a 4x return on investment. Invest with us: www.mhdcapital.com Build with us: www.moseshershkodev.com 0:00 Intro 1:21 Meet the Guest: Who Is Manny and What Does He Build? 2:06 Buying a Private Jet and Using It as a Tax Write-Off 3:07 Daniel's Background in Architectural Engineering 4:06 How They Plan a Home Before Construction Starts 5:44 Who Are Their Clients: End Users vs. Investors 6:37 Star Island Example: $30M Property With $80M Potential Value 8:02 Coconut Grove Deal: Splitting One $7M Property Into Two Homes 9:23 Rick Ross's Star Island Home: Bought for $35M, Worth Over $75M 10:09 Why Terminal Value Matters Even When You're Building for Yourself 11:00 Why They Only Take Projects With a $5M+ Construction Budget 12:45 Why Cheap Design Costs You More in the Long Run 15:07 Why They Build for Clients and Don't Develop Their Own Projects 16:12 How They Manage the Design Process Without Controlling It 17:04 Why They Take Full Responsibility for Every Team Member 18:43 How They Went From Condo Interiors to Ultra-Luxury Homes 19:30 Why They Stay Away From High-Rise Construction 21:36 How Job Site Culture Affects the Quality of the Final Product 22:44 Why They Rented a Worker a Car to Keep the Energy Right on the Job Site