A shipping container costs less than $5,000. Why doesn’t America build more housing with them?
Gregg Cohen of JWB Real Estate Capital in Jacksonville, FL reveals how their 18-unit shipping container apartment complex created financial loss.
The shipping container apartments are 320 square feet each.
Learn about: what a vertically integrated company is, build-to-rent homes, turnkey real estate, the pros and cons of shipping container housing, permitting, and zoning constraints.
Making shipping containers livable adds expense: windows, heating, cooling, electricity, water, ventilation and fire safety.
JWB blew their budget! $1.3M budget vs. $2M reality.
Gregg estimates that shipping container building costs them 20-30% more than conventional wood frame construction.
Their non-pandemic rent collection = 98.5%
In-pandemic rent collection worst = 97%
2020 rent collection total = 98%
JWB has available inventory of Jacksonville income property now - during the housing supply crisis. How can they do that? He tells us.
If you seek more income property, start at: www.CashFlowAndGrowth.com or phone (904) 677-6777.
Resources mentioned:
Show Notes:
JWB’s available Florida income property:
JWB’s Facebook Group:
Get mortgage loans for investment property:
Ali Boone’s Recommended Book:
EQRPs: text “EQRP” in ALL CAPS to 72000 or:
By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.