Familiar with the concept of co-living or micro housing? Curious to learn how micro housing may be the next innovative and exciting way to invest in commercial real estate?
Our special guest on today's episode is Michael T. Parks with Spire Investment Properties. Spire is comprised of a group of multi-family investment experts with the goal of helping busy professionals achieve financial security. Michael is passionate about turning passive investors into active investors and divulges his unique model for investing in micro housing, or as he likes to call it, the “hotelification of apartments.”
In this episode, we cover:
[00:01 - 03:10] Opening Segment
[03:10 - 05:38] Vacation Rentals
[05:38 - 21:52] Learning how to become an active investor while passively investing
[21:52 - 36:50] The Microhousing Concept: The “Hotelification of Apartments”
[36:50 – 40:41] Extensive Renovations
[45:32 - 48:45] Closing Segment
Tweetable Quotes:
“The best-laid numbers, from day one, are only as good as [how] the general partnership team makes them work.” - Michael T. Parks
Resources mentioned
· The Spire Simple Syndication System (5-part series)
· Ebook: Insider Secrets to Real Estate Investing to Live Life on Your Own Terms by Michael T. Parks
Email Michael@SpireInvestmentProperties.com to get in touch with Michael. Connect with him on LinkedIn and check out Spire Investments to start making a passive income through real estate investing!
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