Championing accessible housing is the heart of our conversation with Ira Fishman, a committed advocate who's created nearly 400 housing units over the past 12 years. His journey from accounting to real estate is truly inspiring, and today he's sharing how his accounting expertise played a pivotal role in his successful cultivation of housing units in the Midwest. We explore his shift from traditional apartment buildings to affordable housing, discussing the motivations and forces that shaped this transition.
This episode offers an enlightening exploration of the benefits of investing in HUD properties. Ira and I dissect the impact of resident income on HUD payments, and the potential delays that can arise, especially in the wake of COVID. Additionally, we delve into Ira's experiences in the underbanked financial services sector, unearthing valuable insights he's harnessed to drive his real estate ventures.
We wrap up our chat with a powerful conversation on the importance of taking action. Fear should never be a barrier to your start. Small beginnings can lead to significant achievements. Whether you're a seasoned investor or just stepping into the game, this episode promises to equip you with insights on affordable property investing, the dynamics of supply and demand, and the benefits of low tenant turnover. So sit back, listen in, and let Ira's story and insights elevate your real estate journey.
(0:00:01) - Championing Accessible Housing
(0:15:26) - Benefits of Investing in HUD Properties
(0:19:10) - Affordable Property Investing and Supply-Demand
(0:31:23) - The Importance of Getting Started
About Ira Fishman
Ira is a champion of accessible housing. Driven by personal ties and a deep sense of purpose, he’s cultivated nearly 400 housing units for those in need over a span of 12 years. As a Certified Occupancy Specialist, he combines his expertise with a genuine desire to create meaningful homes.
HUD Properties, Affordable Housing, Real Estate, Joint Ventures, Midwest, Illinois, Wisconsin, Accounting, Resident Income, Underbanked Financial Services, Supply-Demand, Screening Tenants, Special Needs Housing, Rental Rates, Government Assistance, Tenant Turnover, Returns, Maintenance Personnel, Taking Action, Small Beginnings, Investment Decisions
@hackingrepod
Information
- Show
- FrequencyUpdated Weekly
- PublishedSeptember 28, 2023 at 7:00 AM UTC
- Length32 min
- Season1
- Episode24
- RatingClean