Apurva on The Real Estate Investing Experience

An engineer by day and a Managing Partner at JAYS Properties the rest of the time, Apurva Shah brings equal parts compassion and mathematical acumen to the real estate space. He joins us on the show today to share his experiences and offer advice to others in the industry, particularly with regard to mobile home parks. We begin by sharing insights on what the migration of people throughout the United States is doing to the cap rates in certain areas. We follow on from this with a discussion about the recession resistant nature of mobile home parks and what this has meant for the value of these assets during the past year, the underwriting strategies used by Apurva’s company, and how they figure out comparables. Apurva feels strongly about community building and shares how he maintains good relationships with the people he works with. Finally, you’ll hear about the importance of understanding the utilities component of a site before taking a deal, highlighted by Apurva’s first-hand experiences.