JF2695: 3 Advantages to Investing Multifamily in Opportunity Zones with Nick Simpson
It can be hard to find good deals in a competitive market, but Nick Simpson has found a possible, profitable solution: Opportunity Zones. Opportunity Zones are low-income areas that are set up to encourage an increase in economic growth. For Nick, these areas hold a lot of possibility for multifamily value-adds. In this episode, Nick breaks down two of his deals and shares why we should look to Opportunity Zones for investments.
Nick Simpson | Real Estate Background
- Founder and CEO of Mentis Capital Partners which focuses on value-add multifamily (Class B & C), and ground-up development of multifamily and student housing (Class A).
- Portfolio: $60MM as GP
- 10 years of REI experience
- Based in: Salisbury, Maryland
- Say hi to him at: www.mentiscapitalpartners.com
- Best Ever Book: Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell
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