Host: Casey Silveria
Guest: Mike Downey
Summary:
In this conversation, Casey interviews Mike Downey, a farmer turned commercial real estate investor who shares his journey of working with landowners and farmers in farm management and leasing strategies. Mike’s background in agriculture and his transition into leasing and commercial real estate investing allowed him to afford to create his family farm. He works with family farms on their transition planning, primarily with out-of-state and investor clients. Mike discusses his limited partner model that benefits all parties involved, with limited liability and expert operators reducing the risk of managing properties. He believes in investing in multi-family properties that are more recession-proof and conservative, with conservative underwriting that includes rent growth, capital improvements, and income. With the current inflationary environment, income is particularly crucial. Mike and Casey also highlight the rising trend of renting over buying homes due to increased costs and interest rates, making multi-family properties an attractive investment option. If you’re looking for an experienced commercial real estate investor to help you navigate the complex world of real estate, Mike Downey may be the perfect partner for you. His farm management, leasing, and commercial real estate investing expertise can help you achieve your investment goals. Contact him today to learn more about his limited partner model and how it can benefit you!
Access current investment opportunities sponsored by Farmers Capital Group and join our group of like-minded investors using the form hyperlink and speak directly with Casey.
www.farmerscapitalgroup.com/join