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Ep.88 Investing in Distressed Assets

Directed IRA Podcast

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Converting Distressed Properties into Affordable Housing

In this chapter, they discuss the strategy of converting distressed hospitality properties into affordable housing and multi-family units, with the addition of self storage as a tangential asset. They mention that all of their properties have the potential for land development, which is not included in the pro forma. They clarify that any revenue from sell storage or other rentals would be additional income and owned by the investors.

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