JF3184: Busting the Biggest Myth About Affordable Housing Investing ft. Mat Simmons
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: simmcapital.com Instagram Greatest Lesson: Do extensive property walkthroughs (even if you waive the inspection) prior to closing on a deal versus after. Click here to learn more about our sponsors: MFINCON BAM CAPITAL Learn more about your ad choices. Visit megaphone.fm/adchoices
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