The Surprising Truth About Affordable Housing with Jason Stubblefield
Jason Stubblefield has been investing in real estate for over 10 years. He started with single-family homes and eventually obtained his residential real estate license with Keller Williams. Jason has since moved into the multifamily real estate investing space and is a general partner in over 900 multifamily units. Today, he focuses on investing in affordable housing apartment communities, primarily in Georgia.
We talked to Jason about affordable housing, the surprising truth about affordable housing investments, and why the strategy is ideal for today's market. LISTEN HERE:
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[00:01 – 02:59] Opening Segment
Jason talks about his background;
How he thought that affordable housing was the way to go;
[02:59 – 14:39] The Affordable Housing Umbrella
Jason breaks down the types of affordable housing;
He talks about tax credit properties;
How different government programs fall under the affordable housing umbrella;
He breaks down how a public-private partnership works;
[14:39 – 29:26] Investing in Affordable Housing
How to make money in affordable housing as an investor;
How you can exit and cash out when you have to keep it affordable for 15 years;
What types deals you should look for under the affordable umbrella ;
Jason talks about where to start if you are looking to get into affordable housing;
He talks about the strategies he uses with limited partners;
[29:26 – 33:14] Round of Insights
Not being around people who were doing it when he got started
Most Recommended Book:
#1 Insight for Investing in Affordable Housing
It’s a great way to do well and do good all at the same time.
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“You can also earn a return while putting your money into something that’s going to benefit the community.” - Jason Stubblefield
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