Prosperity Through Multifamily Real Estate Investing
Prosperity Through Multifamily Real Estate Investing
Are Urban Townhouses a Solution to the Affordable Housing Crisis with Scott Choppin
Episode 113:
Growing up in the business of development, innovation in the build-to-rent space came naturally for Scott Choppin. He is the founder, visionary, and CEO of The Urban Pacific Group of Companies which concentrates on workforce housing. His primary focus is on Urban Town Houses (UTH) which has improved the lifestyles of families and other multi-earner households through cost-effective housing.
Tune in to learn more about recession-resilient investment opportunities, how to evade seasonal leasing, and the advantages of UTH.
For today’s episode we will cover:
[ 00:00 - 08:19 ] Meet Scott Choppin
- Background and experience
- Growing up in development
- Development vs. buying existing
[ 08:19 - 16:12 ] Development of Workforce Housing
- Looking for niche opportunities
- Starting with Urban Infill Environments
- Build-to-rent and Urban Town House Models
[ 16:12 - 23:25 ] Inflation of Construction Costs
- Rental vs. Valuation
- Testing Urban Town House Models
- Evading the seasonality of leasing
[ 23:25 - 34:26] What kind of returns to expect when investing with Scott
- Working with third-party syndicators
- Strategic reflection–thinking about the next recession to sell
- Economic Sharing Concept
[ 34:26 - 39:34 ] Making investing much more enjoyable
- Improving lifestyles of multi-earner households
- Making cost-effective standard designs
- Generating opportunities for families to live in good neighborhoods
[ 39:34 - 52:29] Final questions and investor advice
- Exploring competitive learning
- How to create innovations
Tweetable Quotes:
Connect With Guest:
Website: https://www.urbanpacific.com
Twitter: https://twitter.com/scottchoppin
Facebook: https://www.facebook.com/scottchoppin.business
Instagram: https://www.instagram.com/scottchoppin/
LinkedIn: https://www.linkedin.com/in/scottchoppin
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