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Podcast: Street Smart Success
Episode: 153: The Big Money is Converging in The Heartland
Description: There are great values in the Heartland, although it’s being discovered by big out-of-town money.
Darin Garman, Owner at Heartland Real Estate Companies, has been investing in apartment buildings in Iowa over the past 15 years and has done very well. He believes in low leverage and low risk. Darin borrows at 60% LTV and is underwriting expenses to grow at a rate of 2 to 3x higher than income growth as a result of high inflation of labor and material costs.
Learn more at https://www.streetsmartsuccess.com