Investing in Community Culture as an Asset

[Austin Soros]

I think the common perception about real estate investing is a bit dated. The classic laissez-faire approach of find some seed capital, buy a unit, rent it out, and only come and fix things when they break just doesn't seem right any more especially with the rise of services like Airbnb. I see the future of real estate investing as one where the landlord makes a unit deeply integrated in the community and location, a trendy, vibrant home that transforms it from just a boring unit to more of a community hangout spot. 

Forget adding a coat of paint to your 20-unit properties, instead focus on beating out the major apartment companies by hosting community events, hosting community service initiatives, hosting a local or high school sports game. This is the future of real estate investing in my opinion. Happy to hear you're thoughts!