San Francisco REI Meetup - Investing in Section 8 w/ Kent Mak
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- 02/23/17 06:30PM
- 1135 Powell St, San Francisco, CA 94108
- Free
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San Francisco Real Estate Investing Out-of-State Meetup
This group meets monthly so please join us! In February we will have Kent Mak, an experienced specialist in Section 8 real estate investing - and he's doing it with his company across the country. Section 8 is a government sponsored low income housing program in which the US government pays the majority of the rent for qualifying tenants. This provides reliable rental income and a steady stream of renter applicants.
Kent Mak is one of Topstone Investments' original founders and is in charge of acquisitions and logistics to manage hundreds of properties in multiple markets simultaneously. He has nearly 20 years of experience with affordable/low income housing in Midwestern markets.
Over time Mr. Mak and his management teams have “cracked the code” to large scale scattered site redevelopment in blighted areas, providing affordable housing and recycling properties in neighborhoods that were cast aside. Through experience with scalability and developing best practices, Mr. Mak and his teams have been able to generate higher than average returns in investment portfolios generally avoided by investors with less operational expertise in markets such as Sacramento, Phoenix, Kansas City, Tulsa, San Antonio and many other markets.
In addition to spending many years working with affordable housing and student housing, Kent has developed supply chains to directly import construction materials directly from China to lower construction costs on large scale projects.
Mr. Mak’s rehab projects were featured in a Showcase of Homes program by the City of Tulsa in 2006-2007 as his teams fought to eradicate blight and provide affordable housing to area residents.
Join us this month to learn more about Section 8 Investing and Kent!
Where: San Francisco Library Chinatown Branch (1135 Powell St, San Francisco, CA 94108) - We are in the first room as you enter the library on the right.
When: Thursday, 2/23
Agenda:
6:30-6:45 - Networking
6:45-7:30 - Section 8 Presentation
7:30-8:00 - Member Intros
8:00-10:00 - Drinks & Networking at The Boardroom (1609 Powell St, San Francisco, CA 94133)