In real estate investing, prioritizing people can create positive ripple effects throughout the community while still achieving the ultimate goal of generating profit. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Loren Jacobs, co-founder of Arrows Capital Group in Nashville, Tennessee. Arrows Capital Group is committed to placing people at the center of its investment strategy, aiming to significantly impact the communities it engages with.
In their conversation, Jonathan and Loren discuss the stigma often attached to real estate and its social impact, emphasizing Loren’s belief in prioritizing “paying it forward” over profit. Loren shares his early exposure to real estate through family members, the cultural factors that attract specific communities, and his and his wife’s shift from multifamily assets to assisted living facilities. They explore the demographics and financials of assisted living investments, improving facility processes, and achieving stronger cash flow than traditional multifamily properties. Loren also outlines the challenges of repurposing buildings designed for assisted living, performing supply-and-demand analyses, and the importance of in-house property management. He advises new investors to view initial deals as educational rather than monetary gains and to seek mentorship by presenting themselves well to successful investors. Real estate can be about more than just profit, especially when serving vulnerable populations, as community-focused efforts often lead to financial success.
You’ll hear more in-depth answers from Jonathan and Loren on:
- Loren was initially turned off to real estate because he had multiple family members in the business.
- Intense bidding wars in the multifamily space caused Loren and his wife to seek alternative asset classes, ultimately leading to assisted living facilities.
- Making an impact in a community and prioritizing helping vulnerable populations over profit can actually lead to more profit.
- Founding Arrows Capital Group allowed Loren and his wife to explore new and interesting opportunities outside of their own investments.
- Put some skin in the game and become a JV partner in someone else’s real estate investment to gain hands-on knowledge and experience.
Real estate investing isn’t always just about profit and can positively impact the communities an investor chooses to be in. Loren Jacobs’ business is thriving due to his decision to put people first.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/151/ .