Joining us in this episode of Living Off Rentals is someone who has built a portfolio around one of the most sought-after factors in housing—access to top-tier schools.

Sean O'Dowd is the Managing Director of Scholastic Capital, a real estate fund that acquires and rents out single-family homes in elite school districts.

He began his career at Boston Consulting Group (BCG) and graduated with honors from The Wharton School of Business.

Listen as he shares how he carved out this niche in real estate, what it was like growing up with parents who were against real estate investing, and why his investing strategy is so profitable.

Enjoy the show!

Key Takeaways

[00:00] Introducing Sean O'Down and his background

[03:38] His parents are anti-real estate investing

[07:15] Ideal type of property to own in school districts

[08:20] Unlevered yield on cost

[22:43] Open-ended fund model vs closed-end fund

[23:57] Two kinds of ways fund managers get paid

[33:01] Three different elements on total returns

[37:08] Fixable and not-fixable decisions

[40:39] Connect with Sean O'Dowd

Guest Links:

Website: https://scholasticcapital.com/

Show Links:

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – https://www.livingoffrentals.com/

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals