Mark Myers Shares Fundamentals of Senior Housing and How Investors Can Capitalize on this Evolving Asset Class!
Mark Myers of Kiser Group joins us to share insights from over three decades of experience in senior housing investments and brokerage!
Mark starts with how he got involved with senior housing and the evolution of the asset class over the last 30 years! He shares the basics of senior housing underwriting and compares the operations and returns to multifamily investing. Mark gives a detailed breakdown on expenses, risks, and regulations to be considered when investing in this asset class. He closes the show with advice on getting off the ground as a new senior housing investor or broker and provides a very bullish market outlook!
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02:08 Housing Provided Tip - Remember to follow the law and change locks after tenant turnovers!
04:01 Intro to our guest, Mark Myers!
12:15 The evolution of senior housing!
17:38 The state of the senior housing market.
20:00 Underwriting basics for senior housing.
32:23 Comparing multifamily to senior housing investments.
38:07 Rules and regulations to be aware of.
45:11 Identifying hot markets and how to get in the game!
50:18 Getting off the ground as a senior housing broker.
55:35 Mark’s outlook on the senior housing market!
57:37 What’s your competitive advantage?
58:42 One piece of advice for new investors.
59:26 What do you do for fun?
61:19 Good book, podcast, or self development activity that you would recommend?
62:00 Local Network Recommendation.
63:13 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Mark Myers
Guest Company: Kiser Group
Guest Link: https://www.kisergroup.com/team/mark-myers/
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