EP123: Generational Wealth Through Strategic Investments in Build-to-Rent Communities - Jim Sheils
In today's episode, Jim peels back the layers on what it means to truly "migrate to wealth," advocating a shift from simply dreaming about financial goals to actively asserting control over one's financial destiny. We will unravel the build-to-rent strategies, understand the leverage of in-house financing, and discuss why investing in new properties could be superior to rehabilitating old ones.
In this episode, you will be able to learn about
- Investing in new construction vs rehab properties
- Investing in high-growth areas for rental and appreciation potential
- Strategies for dealing with high interest rates
- Impact of current market conditions on you real estate investments
About Jim
Jim Sheils is a full-time real estate investor for over twenty two years, completing over 2,000 acquisitions and rehabs. After his start in Bakersfield CA, he came to Florida to follow the long-term growth patterns he was seeing predicted for the southeastern United States.
Post 2008, his company, Jax Wealth Investments focused on bulk foreclosure acquisitions for several years until creating a joint venture with Carter and Chris Funk to focus on the emerging “Build To Rent” model. His expertise in sales, marketing and capital raising were a perfect blend to support Florida's growing niche. He is also a principal owner of the Island Oak RV Resort, playing a key role in the development and design of this company project.
In 2022, after over $300 million in deals together, Jim came on as a full partner in SI Homes. This dynamic partnership has enabled him to better develop key initiatives and relationships with both clients and strategic partners.
“Passive income real estate has changed the direction of my life and so many of our clients' lives. I have every intention to keep doing it and on an even larger scale for all involved.”
Jim’s own real estate investments have allowed him to travel the world with his beautiful wife and five children. It gave him the space and ability to donate a kidney to his father and enjoy his favorite pastime of surfing. He is also active in many charities and service organizations.
In addition to real estate, Jim is co-founder of the company 18 Summers and #1 Wall Street Journal best-selling author of the popular book “The Family Board Meeting”. His family talks have been delivered on stages worldwide and are a matching core value for our team and many of our clients.
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