JF3184: Busting the Biggest Myth About Affordable Housing Investing ft. Mat Simmons
The Best Ever CRE Show
Best Ever CRE
4.8 • 983 Ratings
🗓️ 24 May 2023
⏱️ 31 minutes
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Summary
Mat Simmons is the owner of SIMM Capital, which invests in value-add multifamily and affordable housing single family properties. In this episode, Mat dives into the world of affordable housing and Section 8 tenants. He shares why it’s not the best asset class for new investors, how he gets properties cash flowing 4 weeks or less, and some of the myths surrounding Section 8 tenants that he wishes more investors knew.
Mat Simmons | Real Estate Background
- Owner of SIMM Capital, value-add multifamily and affordable housing single family investing
- Portfolio:
- 3,808 doors
- Based in: Pittsburgh, PA
- Say hi to him at:
- Greatest Lesson: Do extensive property walkthroughs (even if you waive the inspection) prior to closing on a deal versus after.
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Transcript
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| 1:05.0 | Quick disclaimer, the views and opinions expressed in this podcast are provided for |
| 1:09.0 | informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. |
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| 1:21.8 | They're so scared because it can be an expensive investment or it can be expensive to get started |
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| 1:39.5 | You just have to take that first step. |
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