CRS290 Leo Heffner: A Fund For Lower Income Housing

Leo and I had an interesting conversation about how he helps accidental slumloards and their residents to have better lives. Additonaly we went into some details about the fund he uses to acquire these properties.  Some topics we covered in the show include: Buying Slumlord Houses and Bringing them to FHA Standards It started with a conversation on an airplane There is a philanthropic side to the business You can make money and help residents "We buy houses between a 15 and a 30 Cap Rate" People become accidental slumlords Finding Homes via Code Enforcement Violations A Hooker who is a bird dog Opening a Reg D 504 Fund Selecting where 506(c) advertising dollars go Creating Relationships at the family office club Going to events with the mindset to add value There is some blood in the water and investors have some dry powder Let's create some financial literacy to those that need it most Find Leo at : southbend7.com leohefner.com wildbluebackup.com   Network with Capital Raisers at our Capital Raising Meetup Thursdays at 11 AM PST capitalraisingmeetup.com   Book a call with Ruben at calendly.com/rubengreth   If you would like to find out more about Family Office Capital Raising events you can visit https://familyoffices.com/#   Get The Family Office Club membership for $2,000 off by mentioning the Capital Raiser Show to [email protected]