Join an active community of RE investors here: [https://linktr.ee/gabepetersen](https://linktr.ee/gabepetersen)
0:00 Welcome Back & Solving Problems Like an Investor
1:41 Why Self Storage, RV Parks & Mobile Home Parks Win
3:45 Books, AI & Continuous Learning for Investors
5:06 Advice That Every Entrepreneur Needs to Hear
6:01 Why Indianapolis Is a Top Real Estate Market
7:52 The Costly Investing Mistake to Avoid
9:12 A Value-Add Success That Beat Every Projection
10:22 How AI Is Changing Real Estate Investing
13:05 Connecting With Nathan & Building Investor Community
If you're looking to build long-term wealth through **real estate investing**, this episode is packed with practical insights that can help you identify recession-resistant opportunities, improve your investment strategy, and think more like a successful real estate entrepreneur. π In this conversation, I sit down with Nathan Jameson to explore why experienced investors are focusing on **self-storage investing, mobile home parks, RV parks, and value-add commercial real estate** as powerful ways to generate consistent cash flow and long-term appreciation.
## WHY RECESSION-RESISTANT REAL ESTATE STILL MATTERS π
Nathan explains why his investment strategy combines three resilient asset classes that have historically performed well during changing market conditions. We discuss how **manufactured housing communities** can provide strong appreciation potential while **self-storage** and **RV parks** often deliver stronger cash-on-cash returns from day one. By balancing appreciation with dependable income, investors can create portfolios designed for both stability and long-term financial freedom. If you've been searching for ways to diversify your real estate portfolio beyond traditional rentals, this episode offers valuable perspective from an experienced operator.
#RealEstateInvesting #PassiveIncome #SelfStorage #CommercialRealEstate #FinancialFreedom
Want to learn more about our guest? Connect here: [https://www.linkedin.com/in/nathan-jameson/](https://www.linkedin.com/in/nathan-jameson/)
Want to learn more about the REI Club Podcast, how to invest with Gabe at Kaizen, or join our community of active real estate investors on Skool? Visit the podcast website at [https://www.therealestateinvestingclub.com](https://www.therealestateinvestingclub.com) or click here: [https://linktr.ee/gabepetersen](https://linktr.ee/gabepetersen)
0:00 Welcome Back & Solving Problems Like an Investor
1:41 Why Self Storage, RV Parks & Mobile Home Parks Win
3:45 Books, AI & Continuous Learning for Investors
5:06 Advice That Every Entrepreneur Needs to Hear
6:01 Why Indianapolis Is a Top Real Estate Market
7:52 The Costly Investing Mistake to Avoid
9:12 A Value-Add Success That Beat Every Projection
10:22 How AI Is Changing Real Estate Investing
13:05 Connecting With Nathan & Building Investor Community
If you're looking to build long-term wealth through **real estate investing**, this episode is packed with practical insights that can help you identify recession-resistant opportunities, improve your investment strategy, and think more like a successful real estate entrepreneur. π In this conversation, I sit down with Nathan Jameson to explore why experienced investors are focusing on **self-storage investing, mobile home parks, RV parks, and value-add commercial real estate** as powerful ways to generate consistent cash flow and long-term appreciation.
## WHY RECESSION-RESISTANT REAL ESTATE STILL MATTERS π
Nathan explains why his investment strategy combines three resilient asset classes that have historically performed well during changing market conditions. We discuss how **manufactured housing communities** can provide strong appreciation potential while **self-storage** and **RV parks** often deliver stronger cash-on-cash returns from day one. By balancing appreciation with dependable income, investors can create portfolios designed for both stability and long-term financial freedom. If you've been searching for ways to diversify your real estate portfolio beyond traditional rentals, this episode offers valuable perspective from an experienced operator.
#RealEstateInvesting #PassiveIncome #SelfStorage #CommercialRealEstate #FinancialFreedom
Want to learn more about our guest? Connect here: [https://www.linkedin.com/in/nathan-jameson/](https://www.linkedin.com/in/nathan-jameson/)
Want to learn more about the REI Club Podcast, how to invest with Gabe at Kaizen, or join our community of active real estate investors on Skool? Visit the podcast website at [https://www.therealestateinvestingclub.com](https://www.therealestateinvestingclub.com) or click here: [https://linktr.ee/gabepetersen](https://linktr.ee/gabepetersen)
Category
π
LearningTranscript
00:03all right welcome back to another episode of the real estate investing club i hope you guys are
00:09having a great day great week wherever you are and whatever day it is for you as always on it
00:15is
00:16friday on this podcast so we're bringing that good friday energy to you and it is a good day
00:21for a second reason because we have nathan jameson with us on the show from arcs capital he does
00:26mobile home parks rv parks self-storage facilities which is exactly what i do so you guys know that
00:32i love having these conversations he all also does entitlement and development with 150 million
00:37under under management so it should be a good conversation nathan thanks for hopping on i
00:42appreciate you having me gabe i'm really looking forward to a conversation absolutely um i told
00:48you before we get on here we always like starting with stories we like to hear how people got to
00:52where they where they are today so why don't you take us to the beginning of your story in real
00:56estate and just tell us how you got here yeah i um i actually think i fell in love with
01:01real estate
01:01when i was just a little tyke um i lived in oklahoma in the 80s uh when the snl crisis
01:08happened
01:08and then the um oil bust and i was crawling through you know half built homes in a subdivision that
01:15you know i know now was basically a failed subdivision um but you know things happen when you're you know
01:21when you're young i think they just have a weighty impact on your life and so when i went through
01:26college and was looking to um to get into business i i just gravitated toward the built environment
01:32and real estate um i passed down passed up some opportunities in investment banking um frankly i
01:38probably didn't know enough about what it was or i might have done it but um ultimately i like the
01:43tangible assets i'd like you know when i've invested in something that if i've got a question or i can't
01:47sleep that's something i could drive by it i can i can have someone drive by it if i need
01:51to i say
01:51like make sure this is going on um and uh so so i spent about 13 years in home building
01:59originally
01:59um out of my mba at lehigh university and uh helped grow a was a small home builder at the
02:06time into one
02:07of the largest privately owned home builders in the country and then i had a business exit about a decade
02:12ago um and needed a place to invest both time and capital and i gravitated toward mobile home parks
02:19um i probably wish i would have done that 20 years ago right instead of 10 um but you know
02:26be that as
02:26it may we we really aggressively began to purchase i'm just using our own balance sheet and about five
02:32years into that after having built out a management team where we could manage that in-house um we let
02:37others invest alongside our our family office and uh we're now in our third fund here um in 2026 and
02:45each fund's been uh 20 25 million um in equity and uh we're focused primarily in the mid-atlantic um
02:53the
02:53northeast and the midwest um and then i also have a business where i invest in uh land development
02:58entitlement and approvals and sometimes you know going ahead and finishing lots for for builders
03:05nice yeah so you you have a lot of experience um a huge range of experience too and i love
03:11to see that
03:11um mobile home parks it's it's one of my favorite asset classes and that's it sounds like that's how
03:16you kind of first got not your start in real estate but your first you know um when you're on
03:21your own
03:22building your own business you're that's how you launched into um your your career your personal
03:26career into real estate uh why did you choose that asset class to begin with uh well i chose it
03:33for a couple reasons one was um just cash on cash returns which uh you know it's a joke now
03:40but
03:40you know the old frank and dave model of you know buy a 10 cap it turned into a 20
03:44cap i don't know
03:45i don't know where those exist today tell me if you know um but uh but you know that said
03:53there was
03:53still pretty good cash flow and um there was reasonable leverage um to be able to have some
03:57diversification um so uh the second thing which i didn't frankly i didn't understand when i bought
04:04my first one but i understood after i got my first uh you know it's k1 from buying the first
04:08one which
04:09was um the depreciation benefits and the overall tax benefits of the asset class uh so we i would say
04:16that's been one of the primary reasons um we've continued to grow in that business and and investors
04:21have come to us saying hey like help me help me address this this issue i've got which is a
04:26significant gain by um investing in your fund yeah yeah and the the tax advantages are very um unique to
04:34mobile home parks go into that um why why what the benefits are when people decide to invest in uh
04:41into something like a mobile home or an rv park sure so um there's a way to allocate or determine
04:48what
04:48you've bought when you've bought a mobile home park or any real estate asset and it's typically
04:52called a cost segregation study and basically accountants and engineers uh break up um all of
04:58the uh smaller parts that make the the whole of a mobile home park so they say well if you
05:04would have
05:04bought this as raw land what would it cost to grade it and turn it into what it is right
05:09now what is the
05:10you know asphalt cost that a unit cost what is the linear feed of sewer line and water line what
05:14are the
05:15in the northeast you know we have peers that we put mobile homes on what are the costs of those
05:19peers
05:19and so on and they allocate all of those factors across the purchase price to determine the useful
05:25life um of the overall asset in each individual component and so what we find is in the current
05:31construct of of the big beautiful bill and before that the 2017 tax cuts and jobs act is uh improvements
05:38or assets that have less than a 20 year useful life in the eyes of the irs can be depreciated
05:44in year what
05:45so otherwise called bonus depreciation so a mobile home park especially because it's affordable
05:50housing meaning the land the raw land the non-depreciable land just frankly can't be very
05:57valuable because you can't have an expensive land and a cheap house it doesn't work that way so the
06:04land tends to be a low low part of the the equation and what's really valuable in a mobile home
06:08park are
06:09these short shorter lived assets which then can be depreciated up front
06:14yeah yeah so when you buy a mobile home park your your depreciation bonus is bigger than if you were
06:20to buy other types of asset classes because of what was just described um which is one of the great
06:25benefits of mobile home parks um there are you know mobile home and rv are are very similar asset
06:31classes in that it is a land lease model um but they operate very differently tell us but you all
06:38you
06:38have experience in both of them tell us uh the pros and cons of investing in each of those
06:43sure yeah i like to think about the rv that we're focused on as um rv is housing not rv
06:49is hotel and
06:50so i would break rv into those two categories and for our listeners you know hotel to me is is
06:56really
06:56a hospitality business it's fairly management intensive and you're trying to attract that you
07:02know family maybe clark griswold from uh you know uh vacation films you know driving across i-80
07:09looking for a place to stop for the night um and so you know that's about like search engine
07:14optimization and who's there to greet him and how fast you can hook him up and get him out the
07:18next
07:18morning um we're really trying to serve rv customers who view it as a as a second home or
07:24maybe even a primary home in markets where they haven't built enough housing quickly enough and so
07:29it becomes workforce housing um we think about and this is going back to my my home building days is
07:34you know what is this piece of dirt and what should it be in an rv park is you know
07:39it's roads
07:40and utilities um and a site to place a home um and so we really like the housing component
07:45um of the rv space so it is yes absolutely still different than mobile home parks because
07:51we expect our stay in the rv space maybe to be um meaningfully shorter but not transient we really
07:58want seasonal uh folks who are it's their second home from may you know let's say memorial day to
08:04labor day maybe a little beyond um and they're going there with their friends and family maybe
08:09their their extended family has a spot also and there's a maybe there's a lake and a you know a
08:14blob that they jump on and maybe there's some hiking trails or it's near a river and they're fishing
08:19it becomes a place that they can go to you know and they're they're maybe paying what's equivalent to
08:24like five hundred dollars a month lot rent i mean maybe maybe they're paying six thousand dollars a
08:29year um maybe they're paying a little less than that but from a cash flow perspective as the owner
08:34of the property you're usually collecting that kind of at the front at the front end um so they're
08:39paying in advance for the year maybe three to six months before they actually begin using it and
08:43you're also usually staffing the rv park a fraction of the year um because at least in the northeast
08:50and in some places in the midwest because of temperatures that home isn't there year round
08:55yeah um is there uh and this is actually coming from my my own experience we just recently bought a
09:01um
09:02uh we i like the long-term stay model as well yeah and uh we've had great success with uh
09:07long-term
09:07stay of rv forks and then we bought a a park with the intention of kind of running it as
09:12rv a long-term
09:14stay um and we found in this particular metro for for whatever reason we it just wouldn't work like
09:21people we could get people we had move-ins all the time just like coming in like our marketing worked
09:26but they they wouldn't stay and uh i could not figure out for the life of me why that was
09:32um so
09:33have you when you're looking at long-term stay rv parks what what criteria do you use um when you're
09:40when you're kind of underwriting the metro to to know that you know you can you can have a reliable
09:47um you know you can reliably fill these spots with somebody who's going to stay you know a minimum
09:52three months oh yeah i mean we we start really at the property level and look at their existing rent
09:58roll and and what kind of wait list that they have um so the stuff that we're buying for our
10:05third
10:05fund is uh you know there's generally a wait list generally the folks who are there have been there
10:12multiple years and they're just you know they're re-upping by you know the time they leave in you
10:18know september october for the next year at the the rates that are that are coming and you typically say
10:24well here's next year's rate if you re-up before you leave you know you get a little discount um
10:29and so
10:29that you're you're continuing to have them but how do you build that list i think there's both local
10:34amenities and then there's regional amenities so in the case i'm thinking about you know there's
10:39you know clubhouse pool uh trails and so on on property but then it's also 10 minutes from one
10:46of the great lakes and so like you know it becomes a pretty affordable vacation spot uh for some folks
10:52who are not going to buy you know a million dollar house say by the lake um for a fraction
10:57of that they
10:57can be right there and enjoy that so i would say that in all cases for rv we're focused
11:03on on that seasonal model or if we're doing housing which is i'll call it workforce housing
11:09then we are um looking at again property level focused on the rent roll who's there how long
11:14have they been there and what does the wait list look like um and when we see those characteristics
11:19uh in our favor then we we did generally move forward that makes sense you're really looking at
11:25the current rent roll this uh this property that we had in mind we bought it um it was a
11:28screaming
11:29deal in terms of like the seller financing that we got and the purchase price uh but it was it
11:33was
11:33essentially vacant because they had just done it they just turned it from a mobile home park to an rv
11:38because the guy who bought it he had this like love affair with rv parks uh now that we own
11:43it i'm
11:43just like i wish you kept it as a little home park because that would have been better yeah yeah
11:48i think a theme for us is like crawl walk run and so you know we we started with the
11:54manufactured housing business um and you know buy a smaller property you know figure it out you know
12:01invest on their own capital initially and we're doing the same with the rv space and and frankly
12:06with the self-storage space where you know we we want to learn the things that we don't know when
12:11the
12:11risk is low before we start adding risk and before we start adding other people's money to that equation
12:16um so that when we bring someone else in you know hopefully we've we've solved what can be
12:21solved and and known at the time yes um so yeah we already talked a little bit about rv but
12:27i did
12:27want to touch on storage as i mentioned before before the podcast that is an asset class i've
12:31bought i think i bought six self-storage facilities um since i got into them in 2022 or something like
12:37that um and i have had mixed i would say my my personal experience is mixed reviews i've had really
12:44good deals that have crushed it and i've also just uh you know on paper the deal looked absolutely
12:49fantastic and then i buy it and i just get broken into left and right and center and just
12:55i don't know how i don't know why it's happening but just people keep breaking into the facility
12:59um and so i i i'm kind of i'm kind of cold on uh on storage facilities now and i'm
13:05looking
13:05into the classes what's that is that because of the break-ins or other the returns
13:11well the returns have been great but the break-ins have been a real problem um in terms of
13:16i mean it it does require capex and not you know you can't continually submit um uh insurance claims
13:22on these things or else you're just gonna you know it's just not a good look sure and so um
13:27it has
13:28been it has been an issue and it's one of the reasons why i'm just not buying storage anymore um
13:32i want to hear your experience on storage um i feel like not you know all the storage that i
13:37own is
13:37drive up or um outdoor drive up and so nothing's interior there's no climate controlled anything like
13:43that and i feel like that is the reason why i'm having such a negative experience with the asset
13:47classes it's drive up so you know people can just come in cut the fence get inside cut into units
13:54and
13:54just you know drive off of stuff um what's your experience been with storage well in in full
14:00disclosure we're building our first self-storage facility which is a class a 150 000 foot um you know
14:06four-story drive through building and we're building that okay atlantic city and we're really excited
14:11about that um it's in an opportunity zone which our first investors will experience the benefit of
14:17that if they follow the you know the capital gains rules there um and then you know we we basically
14:22iced it because what i thought you were going to tell me was that the run-up in storage values
14:27ended up being discouraging we actually um when when the values went up we were doing an entitlement work
14:34and then what happened was the financial markets with the uh you know the fed increasing rates got
14:39nutty and so we owned the dirt for cash and so we just we put it on the shelf for
14:44two years
14:44and uh thrilled that we more than doubled the value of the property um through just entitlements and
14:51then we're in the middle of constructing this you know beautiful facility and selecting our our
14:56managers so that that is not the typical self-storage but it's the primary one that we've done
15:01for our third fund we're gonna we've allocated about 10 of the fund to storage and we're partnering
15:07with um a group who we believe really knows what they're doing in the space and it's more value
15:12ad focused so i think we're going to see more kind of drive up like you're discussing but i tend
15:17to be
15:18more contrarian in my views on just just asset classes and so i've seen a lot of people who tell
15:24me what i thought you were going to tell me which is oh gosh you know i bought in 22
15:28or 23 and then
15:29you know occupancy fell rates went up revenue went down and um i think i understand okay we are back
15:41and live uh tech problems you guys it happens and then you just got to roll with it and you
15:46just got
15:46to figure it out that's that's the nature of real estate is solving problems and uh and this tech issue
15:52is is no exception but we're back we think um yes i think it's up and running we it is
15:58up and running
15:58i see both the recordings going so you are good to go um we were talking about your fund why
16:05you
16:05guys are chose uh um self-storage why you think it's a good time to find them yeah and so
16:10what we like
16:10what i was saying was our our funds are structured to both increase value um you know kind of equity
16:16growth and also cash flow and the three asset classes manufactured housing um aka mobile home parks
16:24rv and storage together we think drive that that value equation so manufactured housing today's
16:32market costs more i'm on a cap rate basis generally speaking than storage and rv um so your cash on
16:39cash going in especially when we're buying value add properties which is what we like to do um that's
16:44going to be lower but we're going to have greater appreciation in mobile home parks whereas the rv and
16:49the self-storage we found that we can buy those at higher going in cap rates we may not experience
16:54the
16:54same equity of growth um because we're not projecting to sell them at meaningfully higher
16:59cap rates than where we're buying them but we are growing the revenue and we're producing greater
17:04cash on cash returns right out of the gate in those assets so together you know we expect to be
17:09able to
17:09generate kind of four to five percent immediate cash on cash returns while also generating two times
17:15uh somebody's capital during the life of the investment very cool and it does kind of make the uh
17:20the recession resistant trio there with mobile home rv and self-storage um traditionally those are
17:26considered recession resistant and that they're uh they perform well in both the up and the down
17:31cycles so um it sounds like it will be a uh or hopefully you guys will have a very a
17:35very good
17:36fund with high returns and on that we are going to push us into the quick question round you guys
17:41thanks for uh bearing with us here i know we've dealt with a few tech issues but um we are
17:47at that time
17:48and uh it starts with education it could be any form could be a book you've read movie you've seen
17:53conference you've been to mentorship program you've been a part of anything like that i just need two
17:57recommendations one for general life wisdom and then one for real estate yes so uh i'm reading right
18:03now uh the book genesis by uh by henry kissinger and eric schmidt the former google ceo um and also
18:11craig mundy who is an mit professor um and the focus is ai and uh what is the focus it's
18:17a fairly
18:18recent book um but you look at the kissinger's background um i mean obviously you know died
18:24recently but um really a forward thinker first around nuclear warfare and before he died he really
18:30focused on ai um so i'm enjoying that phenomenally yeah i encourage you and it's you know i listen to
18:36a
18:36a lot of books so i think it's about a six hour listen if you want to pick it up
18:39pick it up on
18:40spotify or or audible yeah and then uh i own a small farm outside philadelphia um in addition to
18:47our our business and so the land at the farm and the land and our real estate assets really um
18:52uh
18:53caused me to think a lot and so i am uh i'm reading wendell berry's book um the unsettling of
18:59america
18:59and um it's if you know wendell berry is a farmer from kentucky who has predicted
19:05much of what we've seen transpire uh over the last 60 years in society um and i highly encourage
19:11someone to pick that up and get the background on on what's happened as we've uh industrialized
19:17farming and and moved away from our our personal connection to where our food comes from interesting
19:23but yeah those sound like really good books i'm curious about the kissinger schmidt um uh i'm curious
19:29what that monday yeah monday yeah yeah yeah yeah i'm curious how that would go um definitely
19:34definitely sounds like it's worth a read i uh i you know i love ai i use it all over
19:38my businesses
19:39and personal use as well and i'm just curious there's a lot of ways that it could go in the
19:44future and so i'm uh it'll be it's interesting to see people's perspectives especially people with as
19:49much experience as those uh those three so it sounds like something i'd like as well
19:54moving us on to the next question this is for your younger self let's go back to the nathan who
19:59was
20:00still working at that um building company way back in the day go back to him look him in the
20:05eye give
20:05him one piece of advice moving forward
20:12be true to yourself
20:16maybe a little cliche maybe a little cliche but uh you know my experience uh particularly maybe younger
20:22people when they get involved in uh in an organization uh maybe a little you know there
20:29maybe a propensity to try to conform um out of out of real pressure or perceived pressure um but i
20:37want
20:37to encourage uh my younger self uh to be true to who he is yeah yeah to listen to that
20:44um that you
20:45know that small voice inside of you that is truly yours and not um not something from the outside world
20:50it's uh it's difficult i feel like it gets easier the older i get but it was definitely um
20:56it's difficult to always stay true to that and so it's a good advice at any age um which moves
21:02us to
21:02the next question this is about the u.s it's a big place there is a lot of opportunity out
21:07there
21:07give me the single metro you're most excited about investing in today um
21:16i'm gonna say uh indiana and particularly the indianapolis market nice indy uh i own a storage
21:25facility and a retail location out there um and we though that's relatively new stuff for us and i
21:30love the market the the numbers all make sense and it's a great hub um why particularly indy for you
21:38well we like the geographically the the politics of the state we think that uh well you know the
21:43coasts have eroded land and property rights significantly um we see you know the midwest
21:49continuing to respect property rights um and indianapolis being a hub there um the economic
21:55growth the existing affordability um that's helping drive some of that economic growth um
22:01means that we expect to see kind of outsized rent growth in that market um and i think uh it's
22:08not
22:08as easy to build in as it is uh places like florida and and texas you know we specifically stayed
22:14away
22:14from states like texas and florida while they may be great they may be super red um from a you
22:20know a
22:21political perspective um the truth is it's way too easy to bring on supply when you're trying to
22:26provide a market um housing and so you've seen values and rents really and it's not just housing
22:32either it's it's everything i uh i bought a storage facility outside dfw um and like literally a year
22:39or two after somebody built this huge storage facility just down the road and i was like there's
22:44the the net rent um net rentable per capita i just i have no idea why they built it it
22:49doesn't make
22:50sense at all um but that can happen anywhere in texas people that i just feel like they have
22:55they have no zoning laws it's just that's right you want great for bill great for builders not great
23:00for owners yeah exactly uh yeah that that makes a lot of sense indianapolis it's a great um i've never
23:07built there uh but it i'm sure you know if they have a little bit more restriction than texas that
23:11that's a good sign um all right next question is about lessons learned not every deal we get into
23:18goes the way we expect it in fact pretty much every time something's going to go wrong and that's when
23:22we get to learn a lesson so what was a deal that went a little bit sideways for you and
23:26then what was
23:26the lesson you pulled from it yeah i think um back before i was inviting folks to invest
23:32with me i uh i bought a deal primarily for the tax benefits we talked about earlier i thought it
23:39was going to be a good a good deal overall um but it was a heavier lift on the on
23:43the value add side
23:44and i let kind of the the the tax tail wag the uh the value dog and um at the
23:53end of the day we ended
23:54up selling it for what we paid for after learning that uh how heavy a lift it was and um
24:00moved on
24:01uh to to greener pastures because i think the mistake the mistake uh that we made or that i
24:06made in that instance was just getting too focused on on the depreciation benefits and not the underlying
24:12asset so we'll uh make sure to make not make the same mistake yeah yeah it's uh it is tempting
24:20to
24:20get excited about that because that's money you don't have to pay but you have to read but you got
24:24to remember that um when you're buying something it doesn't matter how much money you are saving
24:28if it is costing you money then uh it's uh it's not a good deal i've uh yeah i understand
24:34where
24:34you're coming from with that one um and that leads us to the next question on the other side of
24:39the
24:39spectrum sometimes things do go right and that is those are the deals that stand out in our mind as
24:44our favorite so what is uh kind of your highlight real deal for you yeah i think um when we're
24:51able
24:52to improve a community faster than we projected and uh improve the value of the homes the people
24:58who live there and then of course the value of the property and return capital we're in the middle of
25:03uh a couple of those deals right now that that frankly have far surpassed our underwriting it's
25:08going to result in a 25 or 26 percent irr for our investors in about 30 months and almost almost
25:14two times their investment um and we just we didn't underwrite to that um and and i never
25:20the things that happen i would have never put on paper i wouldn't have been able to like justify
25:25talking about it um but yeah sometimes when you're disciplined uh about your acquisitions which means
25:30you don't buy as much frankly but when you are sometimes you get that that one that feels really
25:35good yeah yeah and those uh yeah yeah i'll just second that because those those deals that actually
25:41work out better than expected um it is worth the strict underwriting to get that uh that experience
25:47for sure um that leads us to the second last question this is about ai it is here and it's
25:53uh
25:54or it's new and it's here to stay um so how are you using ai in your business today we're
25:59using it in
26:00every facet of our business from uh underwriting and just kind of data um accumulation so you know
26:07email offering comes in it gets filtered through an ai agent um it gets run you know it pulls out
26:13everything according to our criteria goes into our spreadsheet real and look and and track um whether
26:19it's something we should spend any additional time on um our accounting team is increasingly using it
26:23um and uh we primarily are using anthropic um claude um and i'm using it um for idea generation i
26:32mean i was
26:33thinking about uh just you know some life goals here over the next six months and in specific
26:38categories the other day and i was because it's getting to know me right it was helping me think
26:43through um different options for goals and a few categories for the balance of the year um to make
26:48sure that i remain focused on what we're trying to achieve here as a business and and what i'm trying
26:52to achieve as a person um so it's it's phenomenal tool i'll say the caveat is you know anthropic said
26:59yesterday at a memo that came out yesterday that you know they think we're a lot closer maybe within
27:0524 months or less to ai be being able to learn without human intervention um and they they were
27:12using that to say like we need to pause if we could just pause all ai frontier development right now
27:17we should pause it interesting interesting uh that's not a real estate topic so i'm not going to get
27:25further into that but i like i like the idea i mean i'm i'm curious i'm curious um yeah and
27:32i love it
27:32how you said uh you know um anthropic is your choice and you like how it's kind of learning who
27:37you are
27:38um when i first really got into ai i bought a subscription to every single every single one
27:43that i could find you know um flexity chat gpt gemini blah blah blah blah blah got all the subscriptions
27:48um and i have you know i i use them all and i started to realize that you know they
27:55kind of
27:55start to get a picture of you your business what you're doing and so it is beneficial to choose one
28:01and just stick to it because then it will all of your queries will go through that ai all of
28:06your data
28:06will go into that ai and it will get a better understanding of your goals of how to um how
28:11to best
28:13give you an answer when you when you're when you're looking for whatever it'll uh it'll have
28:18better responses for you so i'm i did i chose a uh or um claude as well and that's the
28:22one that i'm
28:22kind of leaning heavily on today so um but i'm i'm curious to hear your other perspectives on it but
28:27that's for another podcast yeah leads us to the the very last question this is for the listeners
28:33you've given us a lot to think about i'm sure people want to reach out get in contact with you
28:37this is a two-parter where can they find you and then what can they expect when they reach out
28:41they can just email me nathan at arcs ventures.com and arcs is actually a-r-x um which is
28:47latin for
28:48fortress um i just noticed in my in my byline there maybe i typed it wrong um so uh they
28:56could
28:56just email me nathan at arcs ventures.com and what they can expect is a quick reply and a conversation
29:02you know uh we're going to do deals whether they choose to invest with us or not but i'm interested
29:07in
29:07continuing to uh build out a community of of informed uh investors who are interested in
29:14exploring um what we're doing but also um maybe even sharing what they're doing we're really
29:18fortunate to have a number of kind of entrepreneurial um folks who've had exits or executives who invest
29:24with us and frankly i get a lot of my best ideas and wisdom from talking to some of them
29:29so um we we
29:30want to continue the education process they reach out awesome i'll put that link in the show notes so
29:36if you guys want to reach out all you got to do is click a little more in the description
29:39it's going
29:40to pull down that full description and in there you can find nathan's contact info well that wraps
29:46it up nathan thanks so much for hopping on the show thanks for having me appreciate it absolutely
29:53for everybody who's with us today thank you guys for showing up you are the reason we do this so
29:57if
29:57you guys have any questions reach out to me gabe with the real estate investing club.com if you guys
30:02want to support the show just leave us a comment review anything like that other than that i hope
30:06you guys have a great week keep rocking real estate and i look forward to seeing you on the next
30:11episode