Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

This episode covers Don Mullen's journey from Wall Street to founding Pretium Partners, the cultural diversity among major financial firms, identifying opportunities and driving scalability in financial markets, Pretium's investment strategy in the post-2008 housing market, addressing the housing shortage through demographic growth communities, creating a rental empire by providing affordable housing and improving the rental experience, Pretium's evolution in acquiring assets from individual houses to large portfolios, the scalability and investment strategies of single-family home investing, addressing critiques and opportunities of single-family rental companies, Pretium's expansion plans into multifamily housing, construction lending, and active adult housing, the trend of mergers and acquisitions among investment firms, and the aspirations, hobbies, and investment pet peeves of successful business leaders.