JF3184: Busting the Biggest Myth About Affordable Housing Investing ft. Mat Simmons

Mat Simmons is the owner of SIMM Capital, which invests in value-add multifamily and affordable housing single family properties. In this episode, Mat dives into the world of affordable housing and Section 8 tenants. He shares why it’s not the best asset class for new investors, how he gets properties cash flowing 4 weeks or less, and some of the myths surrounding Section 8 tenants that he wishes more investors knew.

 

Mat Simmons | Real Estate Background

• Owner of SIMM Capital, value-add multifamily and affordable housing single family investing
• Portfolio:
  • 3,808 doors
• Based in: Pittsburgh, PA
• Say hi to him at: 
  • simmcapital.com
  • Instagram
• Greatest Lesson: Do extensive property walkthroughs (even if you waive the inspection) prior to closing on a deal versus after.

 

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