As new apartment communities come to market, they\u2019re empty. Jason\u2019s business model is to find those apartment communities, get access to some of those units as they are being leased up, and turn them into short term rentals for 8-24 months. \u201cPop-up hotels\u201d as Jason calls them, WhyHotel only moves in during the lease up of new communities, helping investors mitigated the normal losses occurred during the lease up. If you enjoyed today\u2019s episode remember to subscribe in iTunes and leave us a review!
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\u201cIn the U.S. between 200,000-400,000 MF units are delivered each year, on average, they take about a year to fill up, so that means there is somewhere between 100,000 to 200,000 units vacant at all times in major U.S. cities\u201d - Jason Fudin
Jason Fudin Real Estate Background:
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