Episodes
Tuesday Aug 01, 2023
Affordable Housing | Innovative Real Estate Investing Solutions With Big Returns
Tuesday Aug 01, 2023
Tuesday Aug 01, 2023
In today’s episode, Toby Mathis, Esq. speaks with some unique, socially-minded real estate developers - Kevin Cavenaugh and Sujata (Suja) Shyam from Guerrilla Development. Guerrilla is a Portland real estate company focused on creating inventive and experimental projects that use both hemispheres of the brain. Their buildings prove that good design and good financial returns are not mutually exclusive. Success for Guerilla is measured by the social capital their developments produce as well as by the asset value they generate.
Highlights/Topics:
- Guest intro and background, what Guerilla is all about
- Everything Guerilla builds is an experiment
- Stats on low-cost rentals
- Building neighborhood-friendly transitional housing in Portland
- Jolene’s First Cousin
- Public money and the strings attached
- Pre and post-pandemic costs and building
- Stick-built vs manufactured homes
- Working for the Oklahoma Housing Authority
- A place between food carts and restaurants
- Combining market-rate units and low-cost housing - investment returns
- Reverse/legal discrimination catering to certain professions - social workers, teachers, etc.
- Rentals for foster kids who have aged out of the system
- The American Dream/Your own home - not possible on the coasts or big cities anymore
- Affordable housing can be sexy!
- Reach out to Guerilla and help your own neighborhoods
Resources:
http://guerrilladev.co/
Participate! Get in touch with Guerilla
http://guerrilladev.co/investors-20-fall-2017
https://inf.link/iiwyt
https://www.youtube.com/c/tobymathisesq
https://andersonadvisors.com/