Get Creative with Pace Morby Co-Living and Community: A New Real Estate Strategy
Welcome to a new episode of Get Creative! Today’s episode is hosted by Justin Tuminowski who will be speaking with our guest, Nathaniel Hovespian. In this episode, we dive deep into innovative strategies for property investment, focusing on co-living setups and community building in the real estate market. Whether you're a seasoned investor or new to the field, Nathaniel's experiences and tips will provide valuable insights into making successful deals and growing in the real estate business.
Highlights:
"Real estate investing is not just about transactions; it’s about community and helping each other succeed."
"In real estate, sometimes you have to think outside the box to find true value."
"The right community can make all the difference in finding and closing successful deals."
"Co-living isn’t just a strategy; it’s a solution to modern housing challenges."
Timestamps:
00:00 - Introduction
03:01 - Discussion on family dynamics and personal motivation in business
05:23 - Exploring the concept of co-living as a real estate strategy
07:22 - Specifics of a co-living deal in Texas
09:13 - The challenges and benefits of co-living setups
13:39 - Recommendations for new investors considering co-living
17:33 - Detailed breakdown of a seller finance deal
21:18 - Importance of maintaining property standards
23:11 - Adjustments made to properties to facilitate co-living
25:16 - The impact of regular property maintenance on long-term value
31:03 - Closing thoughts
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