153:Student Housing as An Asset Class with Alix Kogan

Big Mike Fund Podcast
Big Mike Fund Podcast
153:Student Housing as An Asset Class with Alix Kogan
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Our guest today is Alix Kogan. Alix has been involved in real estate, construction, and development for the last 20 years. He started his career in Colorado founding his own high-end construction company and grew it to be the largest and most successful firm in Southwest Colorado. After 20 years in Colorado, Alix had a successful sale and liquidity event in late 2019. Shortly after starting his own building company in 1999, Alix started investing in real estate with single family spec homes, single family rentals, commercial and multifamily rentals. Over the last 15 years, Alix has successfully completed several townhomes, mixed-use, and single-family developments. He owns over 1700 apartment units as an LP, Co-GP and KP, and self manages his portfolio of single-family rentals as well as a small portfolio of commercial properties. In addition, Alix invests and owns a substantial portfolio of mortgage notes. Alix has had various multifamily experiences with building, owning and managing assets. Alix has broad based experience and knowledge of multiple real estate asset classes and is focused full-time on growing his private equity real estate firm. 

Today, he talks about what to look for in a deal. He tells us in detail about the underwriting process and how today’s environment is affecting pricing. Also, he talks about student housing as an investment asset and some things to remember when operating them. Tune in to find out how you can succeed in this space!

HIGHLIGHTS OF THE EPISODE

00:23 – Guest Intro: Alix Kogan
01:01 – A little bit about Alix
02:19 – What makes a good deal?
05:01 – Are you seeing better pricing versus something that was six months ago?
07:05 – What would drive the distress in this environment?
10:08 – What makes a great student housing?
16:37 – Renovations
19:51 – The life cycle of student housing as an investment
26:57 – Final thoughts

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.

CONNECTING WITH THE GUEST

Website: https://ashlandcapitalfund.com/
LinkedIn: https://www.linkedin.com/in/alix-kogan-54113812/
Email: alix@ashlandcapitalfund.com

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