Private Money Academy - Real Estate Investing With Jay Conner
Real Estate Investing Show for Professional Investors
Traditional Rental Market vs. PadSplit Model with Frank Furman & Jay Conner
Jay Conner
Nov 23 2021
Let’s talk about numbers.
In this short video, Frank Furman will give an example to further explain the difference between the traditional rental market and the PadSplit model.
Frank Furman is the Chief Growth Officer at PadSplit. Prior to PadSplit, he worked as a Category Director at Georgia Pacific and as an Engagement Manager for McKinsey & Company in London and Atlanta.
A former infantry officer in the United States Marine Corps, he commanded at the platoon and company levels and served two tours in Afghanistan. He has a B.S in Aeronautical Engineering from the United States Naval Academy and an M.S. in Applied Physics from Johns Hopkins University.
PadSplit - a privatized housing company focused on providing affordable houses. They have over 1,700 units (within just 3.5 years), including single and multi-family properties. PadSplit also increases yield by more than 100 percent for property owners by using existing housing stock as shared housing.
Numbers-wise, PadSplit was founded in 2017 and has raised $14.6M in the capital, and was also named one of the top 10 tech companies in Georgia, as well. PadSplit has also been featured in CoStar, Bloomberg, Fast Company, TechCrunch, and other publications.
For more valuable information click on this link and watch the complete episode: https://youtu.be/n2BGhG5NiNM - “Discover Affordable Housing with Frank Furman & Jay Conner, The Private Money Authority”
Real Estate Cashflow Conference: https://www.jayconner.com/learnrealestate/
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
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