JF3237: Peter Neill & Ron Lockhart — 5 Reasons to Invest in Affordable Housing, How to Profit on Non-Performing Loans, and How to Deliver 23% Annual Returns to Investors

<p>Peter Neill & Ron Lockhart are the co-founders and partners at GSP REI, a vertically integrated real estate investment firm focusing on affordable and workforce single-family rentals and non-performing loans. In this episode, Peter and Ron share why they chose to build a $55 million portfolio of affordable housing and non-performing loans. They also share why they use a vertical integration approach to investing and how they are able to return an average of 20%–23% to investors annually.</p> <p> </p> <h2>Peter Neill & Ron Lockhart | Real Estate Background</h2> <ul> <li>Co-founders and partners at GSP REI</li> <li>Portfolio:  <ul> <li>$55M in AUM including real estate and notes</li> </ul> </li> <li>Based in: Philadelphia, PA</li> <li>Say hi to him at:  <ul> <li><a href="http://gsprei.com" target="_blank" rel= "noopener">gsprei.com</a></li> <li><a href="https://www.linkedin.com/company/gsp-rei/" target= "_blank" rel="noopener">LinkedIn</a></li> </ul> </li> <li>Best Ever Book: <a style="font-style: italic;" href= "https://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034" target="_blank" rel="noopener">How to Win Friends and Influence People</a> by Dale Carnegie and <a style="font-style: italic;" href="https://www.amazon.com/Separation-Power-Mitch-Rapp-Novel/dp/1439135738" target="_blank" rel="noopener">Separation of Power</a> by Vince Flynn</li> <li>Greatest Lesson: Treat people the way you want to be treated. Tenants, investors, colleagues — everyone.</li> </ul> <p> </p> <p><strong>Click here to learn more about our sponsors:</strong></p> <p><a title="Techvestor" href="https://techvestor.com/" target= "_blank" rel="noopener">Techvestor</a></p> <p><a title="Innago" href="https://innago.com/bestever/" target= "_blank" rel="noopener">Innago</a></p> <p><a href="https://capital.thebamcompanies.com/" target="_blank" rel="noopener">BAM Capital</a></p>