BTM201: For Profit Housing For Immigrants, Section 8 and Asylum Seekers with Dave Holman
When it comes to the world of real estate investing, there doesn’t have to be a difference between doing well and doing good. Enter Dave Holman, today’s guest, a man on a mission to use real estate to solve problems and improve communities.
More specifically, Daray and Dave discuss the use of real estate to help place new immigrants and asylum seekers in affordable housing – they discuss the advantages and disadvantages of opening your rental or home for sale to international immigrants settling on new soil. There’s a bit more money to be made but more importantly, there’s a “do good” component attached to each case. Whether tenant or buyer, you’re placing individuals that would otherwise have no access to housing and home ownership in each one of your units (sometimes even at a premium).
Key Points From This Episode:
- How to increase your rental rate by working with Governmental housing programs
- How to create more predictable income, even during a recession
- The housing problem for refugees in America
- The macroeconomic effects of the government continually printing money
Links Mentioned in Today’s Episode:
Recommended Book:
7 Habits of Highly Effective People Stephen Covey
Lifestyle Design App:
Other Resources:
BTM 45: Investing in Low Income and Section 8 Housing with Thelonious Jones
Today we have the pleasure of speaking with Contractor and Investor Thelonious C. Jones. In 2007 Thelonious moved from Oakland California to Atlanta, Georgia to pursue a career in music but quickly realized the opportunity in real estate. He purchased his first rental property at the age of 23 in 2009. By 2014 owned and managed a portfolio of over 25 units.
On this episode we were able to get into the nuts and bolt of Section 8 housing and how to go about investing in section 8. We discuss common pitfalls and misconceptions of the concept as well. This episode with Thelonious is heartfelt as he strives to improve low income housing for the community and as he helps investors “How To Stack Your Money”.
P.S We’re Hiring! —–>>>> click here for job openings
P.P.S Live Q&A this Thursday @ 1pm CST! —–>>>> click here to join
Links mentioned in the show:
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