Affordable Housing

why affordable housing?

Recession proof – when the economy is good and home prices are high, people need affordable housing. When the economy is bad, people lose their jobs and their homes and need affordable housing.
Currently the average rental in the US is over $1,000/mo. Over 20% of Americans are trying to live on $20K/yr.
Over 10K Baby Boomers are retiring every day with no retirement and only their SS payment of $14K/yr to live on.
Low & predictable operating costs.
Multiple value add opportunities – predominantly still a fragmented “Mom & Pop” owned sector of commercial real estate.
Excellent cash flow & high returns.
Lowest default rate of any real estate sector!
Cash flow, cash flow, cash flow!!