Investability Podcast

John’s background 1:10Green Street Advisors and the SFR space 3:00Results of potential yield compression 6:30Potential NOI growth in SFR investment space 7:20Operational improvements and technological advances 9:40Predictions about the future 10:05Build to rent trends 14:00Shift to manufacturing model 17:20Invitation merger 19:00SFR investment sector make up 21:00Institutionalizing the space 23:05Fannie/Freddie piloting SFR investing 25:00

Snapshot of True Investments strategy and portfolio 1:15Markets True invests in 2:05Ted’s background 3:55What attracted True to SFR? 5:00How does True manage operations? 7:20Importance of integration and using a team 10:00How does True source providers in multiple markets? 11:50Principle strategy 13:35Distressed inventory and competition 15:00True’s growth trajectory 16:35What institutions can do for overall SFR space 18:00Final advice for new investors 19:20

How Jim got into real estate investing 2:05How NHR works with investors 5:45Outlook on making mistakes 8:50How NHR chooses properties 9:25Shift in strategy 12:45Jim’s biggest mistakes and advice to new investors 15:10NHR’s portfolio and where they’re buying now 18:00Advice to new investors 20:35

Economic snapshot & it’s two main metrics 1:30Housing market supply and demand issues 4:30Why can’t we save money in America? 5:45Census Bureau homeownership report 7:00Markets with household growth 8:00Markets with strong job growth 9:00Issues with housing supply 10:25Building permits to employment ratio 11:20Where to find good deals 12:35Foreclosure in the U.S. 12:50Where to find the best gross yields 15:30Rent appreciation trends 16:15Vacancy rates in the U.S. 17:00Home prices and yield compression 18:50Where out-of-state investors are deploying capital 19:50Where investors are buying and flipping 20:55How to prepare 23:25

Cities in the Rust Belt showing resurgence 1:20Pittsburgh’s job market and unique population circumstance 3:50New Eds and Meds growth in Buffalo 5:00Highest foreclosure rates and what that means for investors today 6:45Lack of institutional competition 7:30Cleveland revitalization 8:20Detroit on the upswing 10:10Rust Belt market projections 15:21

Different investor personas 1:00Generational breakdown 1:36Persona 1: Family backing to assist college aged kid 4:45Minimize spending and reduce debt 6:40Pay down debt vs invest 8:00College student advantage 8:45Starting with partners 10:10Persona 2: Have money saved, can’t afford a primary residence, looking to rental property in outside markets 11:30Key for first two personas - be thoughtful, time is on your side 13:55Persona 3: More established, paid down debt, higher income, ready to invest 15:00Finding your A-team 16:10Pros and cons to investment property vs paying down mortgage 17:25Returns to consider 18:00Quick finance 101 19:35Persona 4: Mature families 22:30Persona 5: Retirees 23:05

Evolution of buying and real estate 0:37Advances in technology shifting home buying and selling 4:20Downside to some of the new online solutions 5:02Unrealistic data and misleading claims to be wary of 8:00Potential to leave money on the table with instant offer companies 11:05Zillow instant offers enters the market 14:30Real value of your real estate agent 17:00Shifts in data transparency 20:30

Intro to affordable housing crisis 1:30Google’s modular housing project 2:00Benefits to modular housing 3:45Potential downfalls to modular housing 6:14Shipping containers as housing 7:04Benefits to shipping containers 8:20Tiny house movement 9:36Issue of cost of land 11:07Desirability issues 14:01Solutions in affordable housing 17:56

Al’s background 1:10Detroit: the reality vs. the perception 3:30Trends fueling the resurgence 4:42Businesses coming to Detroit 5:20Government programs helping to raise the standards 7:50Detroit returns 9:43Who supports the investor after the purchase? 12:05Success through customer service 14:30Following the indicators 16:00Market analysis when selling to investors? 17:04Homeownership vs Rentership in Detroit 18:55What’s next for Pioneer Homes? 20:08Al’s tips for new investors 22:05

US vs UK real estate markets 2:45How to scale a business in investing? 4:23Higher barrier to entry in the UK 5:02US perspective to investing 7:38UK underlying attitude when it comes to investing 9:30Mo’s first deal in the US 12:00How he chose Florida 13:03Setting up a system and building a team 16:00Mistakes to learn from 18:10