In this podcast episode, Ash Patel interviews Jim Sheils who discusses his transition from renovating to building new construction properties in Florida, focusing on the build-to-rent sector. He highlights the advantages of new constructions, the company's approach to targeting affordable markets, and their comprehensive property management services. The episode provides insights into investment strategies and the benefits of new constructions for investors.
Key Takeaways:
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Shift to New Construction: Jim Sheils emphasizes the strategic shift from renovating older homes to building new construction properties, especially in response to the evolving real estate market conditions.
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Build-to-Rent Focus: The episode highlights the advantages of the build-to-rent sector, including its potential for better returns, reduced maintenance issues, and more predictable cash flow for investors.
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Comprehensive Property Management: Jim discusses the importance of offering all-inclusive property management services, easing the burden for investors and ensuring a more streamlined and efficient investment experience.
Jim Sheils | Real Estate Background
- Partner at Southern Impression Homes & Co-Founder at 18 Summers
- Portfolio:
- Build to Rent New Construction Single Families, Duplexes, and Quads.
- +5,000 Buildable lots in Florida
- Based in: Jacksonville, FL
- Say hi to him at:
- Best Ever Book: The Alchemist by Paulo Coelho
- Greatest Lesson: "Go deep in your own unique abilities & delegate the rest."
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