- Words by David Wylie Photography by Lia Crowe

Bob Mangat has a vision to balance density and space in his Kelowna developments.

B次元官网网址淚 want to create great communities where people live, love, laugh and continue to build memories,B次元官网网址� Bob explains. B次元官网网址淭hereB次元官网网址檚 nothing more satisfying than to help someone buy a home or to create somewhere theyB次元官网网址檙e going to live and make memories. ThatB次元官网网址檚 what I envision when IB次元官网网址檓 building something.B次元官网网址�

But Bob also wants to create a platform for local residents to participate in developments. And as part of this vision, Bob founded the 1440 Group, a real estate investment entity that B次元官网网址渄reams big, sets achievable goals and provides investors with possible positive returns on investments.B次元官网网址�

When Bob landed in Kelowna, looking to purchase an apartment building, it was a property that caught his interest and one of 1440 GroupB次元官网网址檚 current projects is Dolce on Bernard. ItB次元官网网址檚 made up of 32 modern townhomes located on the edge of downtown Kelowna in an established area along a tree-lined corridor. It will amalgamate several properties into a cohesive townhouse development. Bob envisions densification, but balanced with space to breathe. The two- and three-bedroom homes have rooftop patios and double garages. They start in the mid-$700,000 price range.

B次元官网网址淚tB次元官网网址檚 a beautiful project,B次元官网网址� he notes.

Another project, a 10-unit townhome development called The Rise South Glenmore, is under construction with the first residents expected in November.

The 1440 Group was founded with the idea that there are 1,440 minutes in a day, and the choice is ours how we choose to spend it.

B次元官网网址淲here you live, where you work is a huge part of our philosophy in creating communities that are going to allow people to live, to work and to create families in that same space,B次元官网网址� Bob says, adding that heB次元官网网址檚 committed to doing community-focused projects in Kelowna.

B次元官网网址淜elowna has always had a special place in my heart,B次元官网网址� he says.

BobB次元官网网址檚 journey to developer grew from humble roots. He was born and raised in Surrey. His parents, from India, worked long hours and eventually opened up an ethnic grocery store. Business was challenging, however, and included a spate of robberies.

B次元官网网址淓ventually it got the best of them and then we had to close up shop,B次元官网网址� Bob recalls. B次元官网网址淚t was heartbreaking as a little kid to see my parents go through that.B次元官网网址�

Bob studied at Langara College and worked three jobs to help pay for school, while also balancing his passion for soccer.

He started to flip real estate, venturing into a years-long entrepreneurial journey.

B次元官网网址淭hat scenario has been my lifeB次元官网网址檚 story. IB次元官网网址檝e always looked for opportunity when there is adversity,B次元官网网址� he says.

Bob got his real estate licence and created his own real estate brokerage, which focused exclusively on dealing with real estate investors. Bob describes it as one of the largest companies of its kind, and itB次元官网网址檚 where he learned how to manage tenants and handle real estate propertiesB次元官网网址擝次元官网网址渆verything from A to Z,B次元官网网址� he says. He also taught thousands of investorsB次元官网网址攆rom those just starting out to those with with experienceB次元官网网址攈ow to invest.

However, working 80 hours a week trying to keep up with the business at 27 years old made for a stressful family life.

Bob shifted into digital media and focused on building systems, processes and effective digital marketing. He worked to grow his businesses, building a software and media companyB次元官网网址攁nd became a two-time bestselling author along the way. Bob is the author of two books on marketing, including The Automated Entrepreneur: How To Boost Sales, Maximize Profits, and CRUSH the Competition.

B次元官网网址淚tB次元官网网址檚 been an interesting 20-some-odd years in entrepreneurship, thatB次元官网网址檚 for sure,B次元官网网址� Bob, now 45, says. B次元官网网址淎s I was going through this I began to think about my journey as a young man, then a young family man and now a man in middle age. And I started to think about where I came from. When my wife and I married, we lived in a basement suite. Then we rented a condo, then we bought a condo, then we moved from a condo to a townhouse, then we sold that and moved to another townhouse.B次元官网网址�

Now his life has come full circle, back to real estate.

The 1440 model allows accredited investors to invest as a limited partner. The company buys groups of properties and over time creates larger areas that can be built out. The 1440 Group takes care of the plans, vision and marketing.

Bob says itB次元官网网址檚 important to him that he remains hands-on with the marketing campaign for his project in downtown Kelowna.

B次元官网网址淢y mission in life is to impact [positively] as many people as I can,B次元官网网址� he says. B次元官网网址淚B次元官网网址檒l look at a piece of dirt or a company and IB次元官网网址檒l see where I can take that piece of property or that company and where I can get it to.B次元官网网址�

The 1440 vision, he adds, is to create a platform for local residents to participate in developments.

B次元官网网址淚n my 20s and 30s, I would see developments go up around me and I wondered how I could be a part of that,B次元官网网址� he said. B次元官网网址淭he 1440 Group is working on a few things to turn that into a reality. You can drive by a street in your community and potentially own a piece of the development and share in the upside. WeB次元官网网址檙e going to make it easier for someone just starting out to invest in bigger projects.B次元官网网址�

ItB次元官网网址檚 just all part of the vision.

Story courtesy of , a Black Press Media publication
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