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

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.   Peter Neill & Ron Lockhart | Real Estate Background Co-founders and partners at GSP REI Portfolio:  $55M in AUM including real estate and notes Based in: Philadelphia, PA Say hi to him at:  gsprei.com LinkedIn Best Ever Book: How to Win Friends and Influence People by Dale Carnegie and Separation of Power by Vince Flynn Greatest Lesson: Treat people the way you want to be treated. Tenants, investors, colleagues — everyone.   Click here to learn more about our sponsors: Techvestor Innago BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

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Welcome to the Best Ever CRE Show, the world’s longest-running daily COMMERCIAL real estate podcast. Founded by Joe Fairless, a co-founder of Ashcroft Capital who went from buying $35,000 homes to controlling more than $2.7 billion in real estate assets, the Best Ever CRE Show provides commercial real estate expert insights, education, and timely information to our community of active and passive investors who want to build wealth, build a legacy, and do more good in the world. So if you want the real stories behind the good, the bad, and the worst ever deals — plus, insights into what really goes on in commercial real estate investing — you’re in the right place. Our hosts interview commercial real estate experts every day to uncover secrets and strategies YOU can use to become a better, more informed investor. This is the Best Ever CRE show.