Today I have Frank Rolfe on the show to share his expertise on investing in affordable housing. A Stanford educated economist and highly experienced investor, Frank understands the importance of making the right investment, and he offers his recommendations for how to go about it in a way that minimizes risk as much as possible. He also discusses why it’s a good idea to focus on the affordable niche and why he thinks it’s key for America’s future.
Listen in to hear what areas to consider when you are looking into investing in properties, as well as how to evaluate how the market cycle comes into play for your investments. You’ll get valuable insight into the current economy and how it affects the affordable housing industry, important tips about the benefits of the niche, and more.
- 1:15 – How Frank got started in the affordable housing business.
- 5:39 – Evaluating the market cycle and how to know when to buy and sell.
- 8:13 – Four areas of diligence to focus on.
- 9:35 – The downfalls of focusing on higher-end property.
- 14:08 – What the current economy looks like for the industry.
- 19:05 – A key item to watch for and why financing is the “most attractive” now.
Featured on the Show:
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Schedule a Call with Me:
If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital (can include residential/practice equity or practice sale), then click the link to jump on a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/
2. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/
3. Ready to Step Away?
“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/
4. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.
Want to know more about David and schedule him as a speaker or podcast guest? Go to doctorphelps.com to book David now.
Get the Full Episode Transcript: