Edwin Carrion, Caron Investment Group — Building the American Dream Through Cycles
Edwin Carrion is a real estate developer and entrepreneur with more than 22 years in the game—specializing in high-end luxury homes and multifamily projects. Born in Quito, Ecuador and raised by a single mother, Edwin immigrated to the U.S. at 12, served in the United States Marines, and went on to become a developer who’s navigated booms, busts, and everything between. His perspective matters because he’s lived the full cycle: rapid growth, a 2007 bankruptcy after holding $20M+ in assets, and a disciplined comeback focused on recession-proof strategy and generational wealth.
Key Takeaways from the Episode:
Entrepreneurial roots run early: As a kid in Ecuador, Edwin resold his prepaid daily ice cream—proof that hustle and problem-solving start young.
From Marine to developer: After leaving the Marines, he learned real estate by trial and error—finding mentors, figuring out loans, and building from scratch.
Luxury + multifamily focus: Today he develops $5M–$10M luxury homes and builds entry-level multifamily—serving both ends of the housing spectrum.
Recession = opportunity: He buys land and builds during downturns to leverage lower construction costs and strong rental demand, then benefits when markets rebound.
Make your business recession-proof: Avoid over-leverage, model your cash flow, and ensure you can operate at 50% revenue—so you can survive shocks and seize opportunities.
👉 Watch the full episode now on YouTube: https://www.youtube.com/watch?v=xd9UzvrJkHY
Memorable Quote:
“If you don’t know where you’re going, you will eventually get there.”