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Get Diversified Podcast
Get Diversified Podcast is a show dedicated to providing listeners with valuable insights and information on the world of real estate. Whether you're a seasoned investor or just starting out in the industry, this podcast offers a wealth of knowledge and practical advice to help you succeed.
Get Diversified Podcast
EP# 95.1 | Affordable Housing, Unaffordable to Ignore | Melvin & Jacqueline Landry
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Jacqueline Landry & Melvin Landry Jr.
Affordable housing rents higher than market comps?
In this episode of Get Diversified, Melvin and Jacqueline Landry unpack a real appraisal shock: their Western PA multifamily property was pulling in $1,216 per unit—while market rents hovered around $700.
We break down:
- Why their affordable housing model defies traditional comps
- The $403K vs $856K ARV gap—and how they justified it
- What appraisers, investors, and housing authorities need to understand about modern affordability
If you’re still underwriting Class C multifamily the old way, this episode might change your playbook.