In this conversation, Andy McMullen discusses the importance of relationships in real estate, particularly in the context of the build-to-rent model. He emphasizes how strong connections can lead to better investment opportunities and community building. The discussion also covers strategies for protecting investors, understanding demographics, and future trends in real estate, particularly regarding affordability and the evolving preferences of renters.
Listen to the podcast here or on your favorite podcast app:
Watch the Episode here:
Main Points:
- Relationships are crucial in real estate success.
- Investing in relationships requires discipline and intentionality.
- The build-to-rent model is gaining traction due to changing demographics.
- Investors are looking for lower-risk opportunities in real estate.
- Community building can lead to lower operational costs.
- Understanding local municipalities is key to successful development.
- The future of housing may lean towards rental communities.
- Affordability remains a significant challenge in the housing market.
- Investors should diversify their portfolios to mitigate risk.
- Aligning investment strategies with personal values enhances fulfillment.
Connect with Andy McMullen:
- andy@legacyacquisitions.com
- https://legacyacquisitions.com/
- https://www.linkedin.com/in/andymcmullen/