Podcasts about multifamily housing

Keith talks with data-driven investor Neal Bawa, the "mad scientist of multifamily," about why apartment values have dropped 20%–30% while single-family prices have stayed resilient.  They break down how interest rate shocks, the homeowner lock-in effect, and a wave of new multifamily supply are reshaping returns for today's investors.  Keith and Neal also dissect the build-to-rent model—who it really serves, how apartment oversupply is pressuring its rents, and why pending legislation could upend the space.  Neal closes with a specific, data-backed timeline for when multifamily rents and values may finally turn the corner, giving listeners a concrete roadmap instead of vague market guesses. Resources: Grocapitus Website - https://www.grocapitus.com Multifamily U's Free eBook: Location Magic - https://multifamilyu.com/lp/location-magic-ebook/ Multifamily U's Investor Club – https://multifamilyu.com/club Episode Page: GetRichEducation.com/609 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Unlock truly passive real estate income—visit flockhomes.com/GRE today to see if your properties qualify for a 721 exchange with Flock Homes. To get in the best physical, mental, and professional shape of your life, go to DanielThomasHind.com and apply for Daniel's intensive 1-on-1 coaching for burnt-out entrepreneurs and executives. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:00   Keith, welcome to GRE. I'm your host, Keith Weinhold. The single-family real estate market is steady, but with apartment building values down 20 to 30% since 2022 when will the multifamily Armageddon end? We ask our qualified guest, and how will slowing birth rates in immigration affect real estate? And more today on Get Rich Education. You know, Mid South Home Buyers, that top Memphis turnkey provider. I learned that a secret weapon behind their explosive growth is more than just you buying their properties, it's an executive coach for nine years now, their CEO, Terry Kerr, and his COO, Pat Nix, have worked privately with a coach who I've now learned from too, and he doesn't market himself online anywhere. After 12 years behind the scenes, that coach is now making himself available exclusively for GRE listeners. His name is Daniel Thomas Hind. If you're a hard-charging business owner or investor who wants to get in the best shape of your life, physically, mentally, and professionally, you can fill out an application for a free consult. This is private one on one coaching for those willing to go to uncommon lengths to achieve uncommon results. Thanks to Daniel, we've all become better leaders, better operators, and better men. It started by showing up for ourselves. Now it's your turn. Go to Daniel Thomas hind.com H I N D, that's Daniel Thomas hind.com and sign up before Spotsville Flock homes helps multifamily owners exit the operator grind, whether it's your six plex or a 50 unit apartment, through a 721 exchange. This defers your capital gains tax. It's a strategy long used by institutions. Now you can swap tenants and toilets for passive income and zero management. Request your initial valuations. See if your property qualifies at flockhomes.com/gre That's F L O C K homes dot com slash G R E.   Neal Bawa  2:13   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  2:29   Welcome to GRE from Valencia, Spain to Valencia, California, and across 188 nations worldwide. America's favorite shaved mammal on a microphone is back with you for another wealth building week. I'm Keith Weinhold, and you're listening to Get Rich Education. The world's biggest problems are the world's biggest businesses. That's not a coincidence, and that's why we discuss housing here. And there's been a chronic shortage of affordable housing last month at a commencement speech, Harrison Ford, yes, the guy that played both Han Solo and Indiana Jones, talked about how a fulfilling life has both passion and purpose. Passion is what gets you out of bed in the morning, purpose is what helps you sleep at night, you and I. We can bring this mindset to our lifestyle, to the business we do, and to our investing. Treating tenants well is what helps real estate investors sleep well at night. While we're doing well, we can be doing good too. Multifamily syndicators keep failing, going out of business, and losing all of their investors' money due to mortgage rate resets. It just keeps happening. What this really means, that these groups that pooled together investor money to buy apartment buildings, largely that were set up in 2022 and earlier keep blowing up almost fully due to the fact that interest rates reset higher. Some of them had a fixed rate for five years. Well, rates spiked four years ago, and that's why a lot of them have yet to blow up, and these apartments have lost so much value that no one will refinance them, you know. Even if that apartment operator increased the net operating income over the years, even if rents went up, it doesn't matter. So, you still haven't heard the last of it. Do you remember a couple years ago, when a lot of people in the apartment space, they were saying just stay alive till 25 and that nonsense, like if you keep your head above water until 2025 oh well, then rates are certainly going to fall, and everyone's going to be okay. Well, 2025 is long gone.    Keith Weinhold  5:01   Mortgage rates haven't fallen in any significant way, so that survive until 25 thing or whatever mantra derivative people used that was a farce, like I've said on the show here for years. You cannot predict interest rates, so I didn't make the call that they were going to go up or down at all, because you can't predict them, but so many people said, oh, rates will fall substantially by now, no way, you just can't make that assumption, you've got to take history over hunches, and all of that, a lot of those multifamily deals 100% depended. depended on refinancing at favorable rates, and that's exactly why they failed. A surefire way to look foolish is to predict interest rates. We'll talk more about the multifamily Armageddon with today's guest. I also want to get into what's called the 21st century road to housing act, because that became one of the most hotly debated housing policy provisions this year. And what this is, is a Senate bill, and it would require certain large institutional investors that develop these bills to rent single family communities. It would force them to sell those homes to individual buyers within seven years. So, in other words, what a big firm could do is build a neighborhood of rental homes, lease them for up to seven years, but they couldn't hold on to them any longer than that. They couldn't hold them indefinitely as rentals, this bill is not aimed at you, the individual investor. It is aimed at big institutions, and what I mean by that is that's generally defined as owning 350 or more homes. That's what we're talking about here. Small landlords and mom and pop investors are not the target, it targets corporate portfolios, and this means groups whose names you've probably heard of, like Blackstone, First Key Homes, Progress Residential, and Invitation Homes. They are some of the heavyweights that the government is looking to clamp down on, so whenever you hear someone talk about big Wall Street landlords, that is who they're talking about. Now, some groups are pretty worried about the 21st Century Road to Housing Act, like the NHB, that's the National Association of Home Builders, and a lot of multifamily groups are concerned, and why is that? Well, the effect is it could dramatically reduce new housing production.   Keith Weinhold  7:44   See, a big institution like First Key Homes or Blackstone, they wouldn't want to even get into this business anymore. They wouldn't want to build big build to rent communities anymore if they have to sell them all within seven years. See, they want to buy and hold for the long term, kind of like what you and I are doing, because you and I know that owning a group of selective buy and hold single family rentals is a really profitable place to be, but so if they don't want to build, then that creates a reduction in supply, which could make prices go up, and then obviously hurt those trying to afford their own home. Well, that would defeat the purpose of this whole thing. I mean, my gosh, this always seems to happen when government gets involved. So, the 21st Century Road to Housing Act could limit supply, which is the exact opposite of its intent to get first-time home buyers into their first home, and if this passes, it does have bipartisan support. This lower supply, then yes, indeed puts upward pressure on prices. Just amazing. So then it could actually go on to help the everyday mom and pop investor, like you and I, that already owns property, the individual at last check, though they're looking to pass a version that still restricts some of these giant institutions from getting into build to rents, but yet it does not have that seven year sale requirement. What's really important to remember here is that Washington, they're looking to stifle big Wall Street players from the rental market, which could reduce supply. They're not targeting individual investors. The context that's important is that these groups, they own 10s of 1000s of homes, they don't own hundreds of 1000s, and they don't own a million, so it's a really small percentage of the housing market, whatever direction policy breaks, then the headlines that it creates are just greater in magnitude than the effect on the market is. It's an important frame of reference here. Let's meet this week's guest. This week we're welcoming back a guest that we haven't heard from in a year or two in real estate circles. He is popularly known as the mad scientist of multifamily. He's quite an in-demand speaker. He has a $500 million multifamily portfolio that he essentially shares with over 1300 investors. He's sharp, a good educator, and a straight shooter. That's why he's here. It's a warm welcome back to Neal Bawa.   Neal Bawa  10:32   Thanks for having me on the show again. It's delightful to be here, and so many interesting things to talk about in the world these days.   Keith Weinhold  10:38   There really are.. I don't know if we can get it all in, Bawa is spelled B A W A. Neal, I want to get to your future housing market outlook later. How you think the future looks, including when multi families quasi Armageddon might end. But first, you're known as a data driven real estate guy. Tell us about that, and how being data driven makes you profitable.   Neal Bawa  11:03   I see concern, and I'll tell you why. The single family and multifamily market have been atrociously incredibly divergent since the first quarter of 2022 They have not tracked yet each other at all, even though if you look at the last 50 years, they tend to track each other. So you know, 2008 was a Armageddon for single family, Armageddon for multifamily, and they both sort of came up in 2012 2013 and then they had a really good time until Covid.   Keith Weinhold  11:30   Yeah,   Neal Bawa  11:31   but the second quarter of 2022 is when Fed started raising rates, and since then we've sort of slid - multifamily has gone down in terms of pricing between 20 and 30% depending upon the metro, you know, and depending upon whether it's new construction, new construction assets have gone down more than 30% and existing assets that are filled up have gone down by 20 to 30% depending upon the metro. So, metros that have a large amount of supply, closer to 30% decline in value, the metros that have less supply probably closer to 20% decline in value, right.   Keith Weinhold  12:03   Demand demand has been pretty resilient. It's more of a supply story.   Neal Bawa  12:06   It's a huge supply story, right. So, if you look at, you know, occupancy, essentially what's happened is there was so much supply that came in that really people started on those projects in 2022 maybe they didn't start a construction until 2023 they didn't finish construction until 2025 so they started leasing up in 2025 They had to give offer concessions two months, sometimes three months free, and so that pushed down the rents in 2025. And they're not done, because you typically can't rent an apartment in six months. If it's brand new, it's going to take you about 18 months to rent it, and sometimes 24 months, and so it's affected our rents in 2025 it's affecting our rents in 2026. Now it's unlikely to affect it in 2027 but we'll go there, you know, at a later stage. But at the moment, we, what we've seen is negative rent growth in the United States for multifamily for the last 12 to 15 months, and what I think is going to be negative rent growth in Q of this year and Q2 of this year, so Q1 was negative, Q2, which we are in now, is likely to be negative or flat now. Single family, on the other hand, has gone in a different direction, which has been very difficult to understand, and I believe it's taken me a while to really understand this, but I think I've finally figured it out. Single family prices are not down since 2022 which makes no sense at all, because the average mortgage in the United States today is almost double, almost double, not quite double, but almost double of what it was in at the beginning of 2022 when interest rates were about 3.3 3.4% Right now we're sitting around, you know, six and a half percent interest rates, so not quite doubled interest rates, but they've obviously gone up a fair bit, and as a result, your average, you know, mortgage has almost doubled, but home prices haven't dropped, which makes no sense if you really think about it, because home prices are a factor of demand, and they're also a factor of people's ability to pay, so if all of a sudden within four years you're paying, the mortgage is doubled, then less people are going to be able to buy, but it stayed up, the market has stayed up, and the biggest reason it stayed up is because of what is known as the lock-in effect. So, the US market typically has a million new homes every year, and there's more than a million existing homes that are transacted, right? So, it's an open market, it's a perfect competition market, but it hasn't been perfect competition for the last four years, because so many people locked in ridiculously low interest rates.    Neal Bawa  14:28   Perfect example, in 2021 and 2022 I have a 15 year mortgage at 1.75% If I sell my house back to myself, my mortgage quadruples, quadruples, right, because it goes from 1.75% to six and a half percent, so I can't even imagine even think about leaving my home, right, because it's just such a perfect loan. Most people don't have anywhere near 1.75% but there's lots of people with more mortgages in the 3% three and a half percent, and 4% range that basically can't go anywhere, and because those homes are not coming into the market. The last three years the market has had this unusual not enough supply factor, and that's been keeping prices up. That is ending. That is ending, because what we've been tracking is the percentage of homes in the United States that have low mortgages. Low is simply defined as anything under four and a half percent, and that percentage is going down each quarter, because you know divorces happen, deaths happen, you know people move for jobs, and so every time that happens, that locked in rate goes away, because you sell your home and move on, and so for a while that lock in effect was predominant, it was controlling everything, but as time has gone on, interest rates were higher in 2324 2526 For also almost four years have passed since the rate started going up. So each quarter the percentage of homes in the US that have these low interest rates has slowly moved down, and we're almost back to a normal timeframe.   Neal Bawa  15:53   And this is causing the single family market to not have a conniption, but we're starting to see a balancing of the market, where it's not just a buyer's market anymore, in some places it's actually seller's market, some places it's a buyer's market. So we're now starting to see home prices drop in number of markets in the United States. I can't say that they've dropped in super majors, but we're seeing a flattening out effect of home prices in most metros in the US, and there should be a flattening effect. Just to be blunt, I mean, obviously I own a bunch of single-family homes, so I just wanted them to keep going up for selfish reasons. But if you think about it, we had huge home price growth in like 30 plus percent in number of years, 2021 22 and even 23 and during those years, salaries only went up by two to 3% a year. In one year, they went up by 4% and rents also went up like crazy. There was a 2021 was 15% rent growth year. So, at some point, there had to be an adjustment, and we are in that period of adjustment where single family prices are basically flat on a national basis. Yes, going up in the San Francisco Bay Area because of AI, and going up in a couple other technology-heavy metros because of AI, but otherwise fairly flat, and I don't expect that to change for the next year. So, my forecast is next 12 to 18 months, home prices in the US are going to be flat on a nominal basis, they're going to be down on an inflation-adjusted basis, but you know, because of the Iran, more inflation's three and a half percent, so home prices should go up three and a half percent. So, if they stay where they are, well, they're really dropping three and a half percent.   Keith Weinhold  17:29   Yeah, before this year began, I released our forecast, it was for 2% nominal home price appreciation in the one to four unit space for the US this year, and I still like how that looks. There's so much to unpack with what you just talked about. In my view, there's nothing unusual at all that when mortgage rates rose sharply a few years ago, that home prices rose as well. Why? Because actually, that's what usually happens, which is counterintuitive to most people. In all of our lifetimes, residential real estate prices have only fallen significantly one time, that was around 2008 due to a number of unusual circumstances. The only thing that's a bit different this time is, of course, how fast rates increased in 2022 and 2023 and people wondering if residential real estate prices could still keep up, and they certainly have, but yeah, you brought up this dichotomy, this bifurcation about how the apartment market and the one to four unit space kind of separated from each other in 2022 or 2023 That's what's so interesting.   Neal Bawa  18:36   I do want to point out a couple things, though, and I don't want to be a Pollyanna here and talk about negative stuff, but I think that there's big difference between 2008 and that timeframe and where we are today, and that difference is, and it has multiple parts. Not all of your audience is aware of this. Until about 2012 the United States had very reasonable birth rates. You know, we were one of those countries that had avoided the debacle that Japan, Korea, China, and a number of other countries are seeing South Korea being the absolute worst, where basically they were producing one baby per generation, where you need about 2.2 babies just to kind of keep your population where it is, right, and the US was unusually high in that, and that we were still above that threshold, which meant that our population would continue to grow and not fall. Now, there was two reasons our population was growing: One, we had more than 2.2 babies per household, and second, we had a very significant amount of legal and a very significant amount of illegal or undocumented immigration. Right, so we had both of those pipelines today. All three of those have flipped, so the United States now basically looks like Korea or China or Japan in that every household is producing about one and a half babies, which means that our population growth, which hasn't stopped yet, because it takes a while for these things to catch. Up is likely to stop, like it's, and at some point decline again. Luckily, we're not there yet. The US is a fairly young population, unlike Japan, which is one of the oldest populations in the world. So, it'll, we'll still continue to see population growth, but there is no doubt. And you can ask Chat GPT, right? How has population growth in the United States slowed over the last 20 years.    Neal Bawa  19:22   Make me a graph, and it will make you a very nice graph, and you'll very clearly see there's a slowdown in population growth. The second part is both documented and undocumented immigration. It's my estimate that since this administration took over, somewhere between half 1,000,001 million people have left the United States. Now it's very difficult to get an actual number, as you can imagine. A number of these people were undocumented, so we didn't really know how many there were to begin with. And a number of them, when they left, they also left by an undocumented rate, that you know, path. So we've lost a bunch of those people, and also the people that have stayed in the country, we've lost a number of them in the workforce. Here's a perfect anecdote, Keith. About 33% of the construction workforce in the United States was undocumented, one in three. In Texas, as much as 40%   Keith Weinhold  19:45   Yeah, that's huge.   Neal Bawa  19:45   It's very significant. Number of those people don't show up for work anymore. I don't think they've left the US, at least I don't think so. But they don't show up for work anymore, because that's how they get caught, right. So, what we've seen is that the construction workforce in the United States has become been decimated over the last 12 months, and the impact is much greater in the second half of 2025 than the first half. Why? Because even though they wanted to do ICE enforcement, they just simply didn't have enough agents, enough facilities, enough judges. When the second half of last year, they sort of started catching up on that, hiring more agents, getting more facilities, getting more judges, and so we started to see a real challenge there. I have properties in 10 markets in the US, and what I can say is about seven of those markets, mostly Southern markets, I am beginning to see dropping occupancy related to this phenomenon. I'm seeing a reduction, and so markets like Georgia and Texas, Florida are more hit than my northern markets like Idaho. I haven't seen any impact at all, but these southern markets, multiple properties, multiple metros, I'm seeing this - people, mostly of Spanish, Mexican origin, not renewing leases. I don't know what they're doing. I don't know if they're sleeping in their cars. I don't know if they're basically just, you know, staying with mom or staying with, you know, some other family. But I'm seeing a very, very big pullback in my leases tied to this, and occupancy is dropping in those markets that are heavily Hispanic. And so I'm seeing the impact of that on landlords, but I also know that there's an impact on the US at all, and overall demand on rentals, whether it's single family or multifamily. This is a significant impact, because I don't think that the Republicans are going to make a U-turn on this. I don't want to get political, but you know, stating the obvious.   Keith Weinhold  19:45   Yes, United States had its biggest birth year in 2007 when there were more than 4 million babies born. The average age of the first time homebuyer today is 40 years old. If that holds true, that peak would take place in 2047 And then, yes, to your point about changes in immigration, yes, it sounds like a potentially a reduction in demand with what you're talking about, with some vacancies, and also maybe a reduction in supply when you have fewer construction workers to build these places as well, we're talking about building properties. Neal, I want to talk to you about the build to rent space. Somewhat is build to rent better than traditional real estate? I think that's what we really want to know. And for those that don't know, build to rent means when you construct a property where from day one that construction project is built for a tenant, not an owner occupant. I see a lot of pros and cons there. Can you talk to us about the trade-offs between build to rent and traditional real estate?   Neal Bawa  19:52   Yeah, if you think about it, it's a really terrible word, built to rent, because if you think about the word built to rent should be apartments, right, but actually doesn't mean apartments, right? So, built to rent actually means single family or town homes that were built to rent out, right? And then you're like, why don't they just said built to rent apartments and town homes? Well, you know, was too long an acronym, and we suck at acronyms anyway. But BTR, or built to rent, is essentially building single family or town homes, but specifically building them to rent, and it doesn't include any apartments at all, right? And the reason why the BTR market was growing in the last five or six years is that roughly 18 million American families can no longer afford to buy starter single family homes, you know, and by starter I mean, small old single-family homes. That's how Americans usually started, you know, in their 20s and 30s. They would buy these homes, some of them, but they would fix up, and then they over time, in their 30s, late 30s and 40s and 50s, they would upgrade, and then at starting the 50s, it would flatten out, and then the 60s, they would start to downgrade, right? That's been a typical thing that's happened in America for 56 5070, years. Well, that is, cannot happen anymore. And it broke in 2022 until 2022 It was a normal cycle beyond 2022 because interest rates almost doubled, and the mortgages almost doubled, but the incomes only increased by 10 to 20% There became this orphaned generation of Americans, roughly 18 million families, that simply cannot afford to buy that starter home, and they are now forever renters. They don't know it. They think that they're going to catch up at some point, but five minutes with an Excel spreadsheet, I could prove it to them that they're not going to catch up.    Neal Bawa  25:35   Maybe one in 100 families would see a very large increase in income, and that would result in them catching up, but for the most part, as a group, these 18 million families, they're forever enters as a group that didn't exist before 2021 right. It's entirely because of this outrageous increase in mortgages, while not seeing a drop in home prices, that led to this, and so those orphan families, they actually earn pretty well, so these are families that make 70, 80, $90,000 in mid markets. They make over $100,000 if they're living on the coasts or in expensive markets, and they still can't buy that, you know, starter home. And so they don't want to live in apartments. I have lots of apartments, old ones, new ones, and I want these people to live there, but they don't want to live there, and so they've been looking for an option, and that option has been developers like me building communities of 200 300 townhomes or single family homes with a small little yard, and then basically from day one, instead of selling them, renting them out, and then once you're done renting out the whole community with 200 tenants, then you sell that to an apartment company. You know, there's lots of apartment companies in the US that have 100,000 units. Well, they want to buy these because the turnover is lower. So, what happens is most of these town homes and single-family homes for rent. Families come in, and they typically rent for three to five years before they move, whereas in on my apartments I lose 40% of my tenants each year. So, if I have 200 tenants, I lose 80 of them every year, and I have to basically go back, clean up those units, deal with the vacancy. But when I have townhome communities like my Idaho Falls townhome community. I lose a tenant at roughly every four years, and so, as you can imagine, profitability goes up when turnover goes down, right?   Neal Bawa  27:31   Because you don't have that cost of turnover and vacancy, and so eventually those large landlords that are holding 100,000 units figured out, I like this, what Neal Bawa is doing, he's building these 200 townhomes, I want to buy these from him when they're rented. I don't want to build them, I don't want to lease them up, I just want to buy them when they're stabilized. And so BTR became that name for that marketplace where developers would build townhomes and single families, rent them out, and then sell them to institutional, and it was some—   Keith Weinhold  27:56   People think of fabulous institutionalization of the starter home.   Neal Bawa  28:00   And in many ways it is, because what happened is, for a while, these institutional players, like Blackstone and BlackRock, they were like, we are just going to go out and buy 50,000 single-family homes, and that's going to be the institutionalized. Well, that worked really well if you bought in 2008 2009 2010 2011 because you got them bought them at a discount, but when they started buying them in 2015, 16, 17, 18 at ever higher prices, they didn't make any money. So the vast majority of these public funds that were created to buy large amounts of single family have failed if they've purchased anything in the last seven or eight years. If they bought before that, they made huge amounts of money. Family homes are so expensive that basically buying them for rental did not make sense, so these companies have now pivoted to saying we'll only buy communities that have 100 or 200 or 300 of these homes, because then we get the benefits of having centralized leasing, centralized property management, centralized maintenance, and I don't have homes spread all over the metro, they're all in one place, and I can make more profit from that. In theory, that's been good, and you might think that I'm bullish on BTR, but I'm actually today bearish on BTR for one single reason. About seven months ago, Republicans started talking about a bill - I don't know what the name of the bill is, but what this bill does is it forces builds to rent developers like me within seven years of building the property to sell all of the homes in that property to single family tenants, not to Blackstone, not to Blackrock, but to single family tenants. Hasn't passed yet, but it passed the Senate with an 8910 vote, which means that both Democrats and Republicans wanted to vote for this. If it passes the House, and because Donald Trump himself is very heavily opposed to it, he's made it very clear he doesn't like this. He's a developer, obviously. It hasn't passed the House yet, but if it passes the house, that will destroy the build to rent market. No one will ever build build to rent, because the worst possible thing is I build this, and within seven years I have to actually sell it to individual buyers. If I do that, my banks are going to hate me and not give me loans to build BTR anymore. Obviously, there's going to be some grandfathering to the communities that I'm building now, or maybe even build the ones that I'm building in 2027 maybe grandfathered. It usually is, because you know, Congress never does anything retroactively, and they give you a year or two, but if it passes, it's doomsday for BTR. I hope it doesn't happen, but that's the way it's looking, because it's bipartisan. Bipartisan bills are more likely to pass   Keith Weinhold  30:40   Now for the mom and pop investor, the individual investor build to rents have obvious appeal due to your point about the lower turnover, lower maintenance costs on a new build, lower insurance costs often on a new build, and then there's the tenant appeal to a new build as well, but of course there is that investor downside. I think a lot of investors are aware of their thin initial cash flow that they're going to have on build to rent, but you know, Neal, another downside with build to rent, I think a lot of investors don't look at is, hey, just how many of these things are they building? Are they building 500 of them? Do I have some overbuild risk if I buy into this community that could suppress occupancy and rents for a while.   Neal Bawa  31:21   What we've seen is that when Built to Rent started out in 2017-2018 it was its own asset class. It wasn't competing with apartments, it wasn't competing with single family rentals, it was just its own thing. However, in the last two or three years, as more and more apartments flooded the marketplace, we had a glut. It moved away from that. It basically started getting affected, and the rent started falling, just like any other portion of the market. You know, think of it as three portions of market. There's the built to rent, which I described, you know, brand new single family homes, town homes per rent. There's the apartments, both brand new and existing, and there's the single family rentals, right, which there are millions of. What we are seeing now is it's become one market, right? All of them are affecting each other, and the apartments, which have a huge amount of glut, there's a massive amount of new apartments that have come in in the last two years, are really pushing the rents down for single family, they're pushing that rents down for BTR. So, at this point, what I would say to people that have this concern, Keith, is simply look at incoming apartment supply, because if you're in a marketplace, and I'll give you examples of really good markets that are crushed right now. If you're in a market that has a lot of incoming supply, whether you buy a single family rental, a quadplex, a 50 plex that's an apartment, or 100 unit BTR, you're going to suffer for rent growth if you have a lot of incoming supply in 2026 and that is across the board in every market in the US. Huntsville, Alabama is, in my opinion, one of the most interesting markets in the US for 5 year, 10 year growth, right?    Neal Bawa  32:54   If I had to say you don't need a loan, it's just your own cash, no investors, where would you put money in? It would be at the top of my list, not at the very top. Idaho Falls is definitely the number one market in the US in my list, but Huntsville is up there. But right now, do you know what rent growth in Huntsville is? Minus 2% negative 2% Why? Because there's 6000 units coming into a market that's, you know, 1/5 or 1/10 the size of Phoenix, right. It's 1/10 the size of Dallas, but it has half the units of Dallas or Phoenix coming in, and so rent growth is negative there. So, what I would say is today absolutely everyone that is an investor should understand that we live in the magic world of AI, and you should be talking with Chat GPT about incoming supply for any market that you're interested in, and using that to make your decisions, because all of these markets merged, BTR, new apartments, old apartments, single family, everything has emerged in the last 24 months, where they're all affecting each other, and if there's too much supply of any one kind, it's affecting all of the other markets, and that's the message that I have. And none of this is like you have to go buy a $25,000 software like Costar today. Chat GPT is your costar.   Keith Weinhold  34:11   You're listening to Get Rich Education. We're talking with the mad scientist of multifamily, Neal Bawa, where we come back, including what he thinks about recovery for the beleaguered multifamily market. I'm your host, Keith Weinhold. What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group, NMLS 42056 They provided GRE listeners with more loans than anyone, because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal, and even chat directly with President Caeli Ridge. While it's on your mind, start at ridgelendinggroup.com that's ridgelendinggroup.com    Keith Weinhold  34:56   Let me ask you something: if you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. In full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed, but with a track record of consistent on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call, or text family 268 66 That's Family 266 866    Speaker 1  36:00   This is the star of the A E Show, The Real Estate Commission. Todd Rollette. Listen to Get Rich Education with my friend Keith Weinhold, and don't quit your daydream.   Keith Weinhold  36:20   Welcome back to Get Rised Education. We're talking with Neal Bawa, a really sharp multifamily syndicator who's also highly data driven. And Neal, tell us more about the beleaguered multifamily market that had those aforementioned problems really cropping up in 2022 and we had a lot of supply and spiking rates. What does it look like for the path to recovery for the US multifamily market?   Neal Bawa  36:45   Luckily, demand is strong, and even though occupancies have dropped, typically the multifamily market, the large multifamily market in the US, tends to be between 95 and 96% occupied. Okay, and right now we're on 93% so that all that incoming supply means that about 7% of our apartments in the US are empty at the moment, we're trying to fill them, and we are seeing that occupancy drop, not across just new apartments that are leasing up, but also drop in class B and class C. We've also seen a huge increase in concessions, so I studied this quite obsessively, and I can tell you that 2026 in some markets is the recovery year, but not across the board in the United States, and the reason for that is sentiment. Once renters get used to huge amounts of concessions, it's like a drug, it takes a little while before you wean those renters off of those drugs, and so there's that hit right now. Every renter program,   Keith Weinhold  37:44   Everyone wants their freebie for good.    Neal Bawa  37:46   Yeah, exactly. It's like, hey, what, you're not giving me two months free? Hey, what, you're not even offering me one month free? It takes a while for that expectation to happen, because there's such a huge amount of concessions in the US. So, to me, there are a few markets, usually the smaller markets or very fast growing markets, where there's a recovery in 2026 but otherwise 2027 The first half of 2027 is recovery. The second half of 2027 is fast rent growth in a lot of markets. Why? Because remember, interest rates have been high since 2023 A lot of projects were started in 2022 went into construction in 23 came to market in 25 and 26 Lease ups are happening in 25 and 26 By early mid 27 these are all leased up, right? The second half of 2027 there isn't a lot of delivery in any of these big markets, because to deliver in the second half of 27 you would have started construction in that second half of 2025 and I counted those permits market by market. There's just not a lot, because by that time everyone knew that projects were not getting funded, everyone knew that interest rates were high, so there wasn't a lot of supply of new starts in the apartment market in the second half of 25 so there's not going to be a lot of delivery in the second half of 27 and all of the existing stuff would have been leased by then. So 2026 is one of those years where we could still see more concessions in the second half of 2026 I still see rent growth for apartments to be flat. You mentioned single family might be a little bit higher. It tends to be a little bit higher than apartments in terms of rent growth, but I think flat rent growth for 2026 is what I'm projecting. I'm projecting small rent growth in the first half of 2027 for most markets, and then I'm projecting robust rent growth, call it 3% or greater on an annualized basis, in the second half of 2027 and I'm projecting that most markets in the US that are not seeing a population drop, so count out places like Detroit are going to see a very aggressive rent growth, four or 5% rent growth, that's aggressive in our world, in 2028 28 and 29 are shaping up to be. Supply deficit years, years where supply is well under demand.   Keith Weinhold  40:05   It's pretty easy to project completions when you just go ahead and look at starts, and really, what you're counting is the story of absorption.   Neal Bawa  40:14   Yep, and what's nice about apartments is you can actually build a single family home in about nine months, right, but you can't build apartments in less than 24 months. There's just so much permitting issues, there's so many delivery issues, fire code issues, and so we have a crystal ball on the multifamily side that we are now getting better at using. I don't think the industry was very good at this in 2022 but now we're really all obsessed with how many permits does my metro have, and how many permits does my state, and how many permits does the US have? And everyone that I know in the industry that's data driven knows that there's a massive glut now, maybe a little bit of a glutton that remaining portion of 2026 equilibrium in 27 and a huge, huge supply deficit in 28 and 29 So everything that I'm doing is based on this, and this crystal ball actually works because of that two year gap between shovels in the ground and delivery,   Keith Weinhold  41:10   and it sounds like you've recommended Chat GPT as a go-to source for investors to look into these things, that happens to be my favorite one as well, and you are well, maybe it's a bit too much to say, but it almost feels like to me pioneering with the way that you use AI. In fact, I know before our show today you were running some other things in the background that made me wonder, hey, am I talking to the real Neil or the clone Neil? I know I've got the real Neil here, but why don't you tell us about how you're using AI to make data-driven decisions in real estate?   Neal Bawa  41:40   Sure, so the first thing is that we've completed our journey with the low hanging fruit of AI. Every single person in our company is fully trained on how to use Chat GPT. Most of our research-related processes are automated. For example, 100% of our investor updates are now written by Chat GPT. What we do is we go into our property manager meetings on Mondays or Tuesdays sit down with them, beat them up, and the transcript is then taken by our team in the Philippines. They take that transcript and put it into a pre-trained Chat GPT string, it's called a custom GPT, and the string took a while to train, but now that it's trained, all it needs is a transcript. We just copy paste it in, we don't give it any instructions, and it outputs a really wonderful investor update, right. And so our updates for our investors are 99% written by AI. Of course, we'll go in and add our comments at the end of the process. So we've automated investor updates, rent comps, so you know if we are underwriting a new property today, what we do is we simply go into a Google file and copy paste the address and hit enter roughly once a minute. A software, which is written by AI - we're not coders, but the software knows how to write code - it checks the file, if it sees a new address, it goes in there, grabs the address, and then it basically goes to apartments.com rent.com realtor.com and all of these places, and checks the rents for this particular property in two mile radius. It eliminates all the ones that don't match, like you don't want to match the rents of a 1970 or 80s built property with a brand new 25 built property. Those are not comps, it's not comparable. So it basically is very careful, it keeps a radius range of two miles, and also basically is a property of the same kind, you know, like it never matches up a three story property with a 10 story property. Those don't match, one of them obviously is more of a central business district or downtown sort of thing, and so it basically grabs all of those rent comps and then puts them into a file and posts in a Slack channel. Usually it takes it about 1213 minutes to do that, and so whoever put that address in about 12 minutes later goes into the Slack channel and says, "Hmm, these are all my rent comps, right? And boom, now you're basically, you have all these ready rent comps. So, what we've done is, we've automated a significant portion of what we are doing with both our property managers and inside the company with acquisitions and things like that, we're also scraping massive amounts of data from the Bureau of Labor Statistics website, which we just couldn't deal with that data before, and building very beautiful, very interactive dashboards. We don't use Chat GPT for that. We find for dashboarding a tool called Claude, which is by a company called Anthropic, is much better, so we have currently over 150 interactive dashboards that Claude has created that update in real time and give us access to data. If anything, I find that we are in this incredible time where decision making has become much easier, as long as you spend time with these tools. So, in our company we have an absolute mandate that no one has broken for the last year. One year per day, people must program, and by programming we mean issuing common language instructions to tools and build dashboards and build software that automates our work. Have we laid off anyone because of this? I mean that. Be the next obvious question. The answer is no, because it's made it easier for us to serve a much larger audience, so it's easier to grow your company. We just are not hiring anyone, and we haven't hired anybody for the last 18 months, so we have a hiring freeze, but at the same time all of our people are employed because they're they're now much more valuable. So everyone in our company is now a programmer, and even though that sounds weird, it's completely true.   Neal Bawa  45:24   Every single person in our company writes code, and they write code by talking with Cloud Code or talking with Chat GPT, and then Chat GPT, of course, does the actual code writing, but people have become very, very good at answering questions and saying, "I want a dashboard like this, turn these radio buttons into drop boxes, and give me the last month, and last three months, and last 12 months, and do this, and do that, and connect this, and I also want to host this on a server, but I want to make sure that only I can see it. I need a password added. Imagine 1000 of these conversations happening in our company every day. Yeah, that's interesting. And what you just described   Keith Weinhold  46:00   there at Gro Capitas is somewhat of a microcosm for what's happening in the broader economy, where we've been in this low high or low fire environment for quite a while. Well, Neal, as we're winding down here, we recently had a new Fed chair come in. It seems incomprehensible to me that there could possibly be any rate cuts. I don't know how we could responsibly make a rate cut with all these inflationary layers. We had the pandemic, and then terrorists, and then the Iran war, and the energy shocks, and all these bottled up supply chains. What are your thoughts with regard to the Fed?   Neal Bawa  46:29   I still think that we'll get one rate cut, and that rate cut will be based on political pressure. So, for the first time ever, I have seen the Fed break into factions, so if you look at the latest Fed meeting, which happened, you know, there was dissent, there were two clear factions, so the Fed is becoming less data driven and more faction driven, and I think that one of the factions, which obviously wants rate cuts to go down, is going to triumph at some point later in the year, but until we get past the incredible increase in inflation because of the Iran war, I don't think that faction is going to win. Right, there's three or four people in that faction, that's not enough votes to get past the others. So I'm predicting no rate cuts until Q4 of this year. If the Fed was entirely logical, there should still not be a rate card in Q4, but I think it'll happen because there's political pressure.   Keith Weinhold  47:25   The preservation of independence is key. Neil Bhawa, this has been great, and a lot of people learn from you. You're a brilliant educator, as well as what you're doing in the multifamily space, and a lot of other places. So, if someone wants to connect with you, learn more about what you do. What's the best way for them to do that?   Neal Bawa  47:43   So we built a website called Multi Family University. It's completely free. There is no subscription. There's no upsell. We do not have an educational product, but what we do is each year we have 8-12 webinars that we create with their extraordinarily good looking thanks to the use of AI. Yay, and we share them with an audience, and usually between 5000 and 1000 people attend our webinars each year, of which roughly 1% become investors with us. The rest, the remaining 99% just continue to get free access to data, and we cover every imaginable real estate topic: Single family, multifamily, industrial hotels, self storage, Airbnb, and even controversial topics outside of real estate, like climate change or impact of climate change and impact of AI. So you know, multifamily university is the best place you can go to, multifamily you.com/club It's a free club, and it's free forever.   Keith Weinhold  48:42   Neal, it's been valuable to our audience. Thanks so much for coming back out of the show.   Neal Bawa  48:46   Thanks for having me.   Keith Weinhold  48:53   Oh, a terrific, wide-ranging chat with Neal. There, yes, this interesting 2022 divergence between single family and multifamily, the slowing birth rate, and how that won't really catch up with real estate in a big way for perhaps 20 plus more years. How single family rentals beat multifamily on the basis of tenant retention, and a lot more that we covered there, and he's got a good data driven timeline for apartments being back in favor by 2027 and 2028 After the interview, Neil and I chatted some more off Mike, and he would like to come back on the show next year. We're probably going to have him, because we have a lot more to talk about at that time. We can see if the multifamily market is really healing. Also, did you pick up on this? I wonder why, for his own home he would get a 15 year mortgage at 1.75% interest, so I'll have to ask him about that. That's surely a fantastic interest rate, but a 15 year loan rather than a 30 year that maybe he could have gotten at two and a half percent at the time. Well, 15 year probably. Is not the best use of capital, because it increases your equity position rapidly. When instead, those dollars could have been out in the market earning an actual return somewhere else. But he's a smart guy, he must have an answer. We can talk about that at that time. We've got a lot of terrific shows coming up here on the GRE podcast, specific learning episodes, where it's just me teaching you, as well as new guests and returning guests too. Until next week, I'm your host, Keith Weinhold. Don't quit your daydream.   Speaker 2  50:35   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.    Speaker 2  51:03   The preceding program was brought to you by Your Home for Wealth Building, getricheducation.com.  

Affordable multifamily housing is one of the most urgent design and development challenges in the U.S., but the reasons it remains so difficult to build go far beyond simple supply and demand. In this episode of I Hear Design, Robert Nieminen speaks with Peter Bafitis, managing principal at RKTB Architects, and Alex Brito, principal and leader of the firm's affordable housing studio, about the forces shaping the housing crisis today—from approvals, zoning, financing, and public-private partnerships to construction costs, sustainability mandates, and the realities of building in New York City. The conversation also explores a larger idea: affordable housing as community infrastructure, not just real estate. Peter and Alex discuss why good affordable housing should be designed with the same care and dignity as market-rate housing, how durability and timelessness matter in projects meant to serve neighborhoods for decades, where office-to-residential conversions genuinely make sense, and why smaller “missing middle” projects may be just as important as large-scale developments in addressing the shortage. This episode is the first in the two-part series Designing the Foundations of Community.

What do demographics, migration patterns, and a $100 trillion wealth transfer have to do with real estate investing? In this episode of The Real Wealth Show, Kathy Fettke sits down with demographic expert Ken Gronbach to discuss the population trends he believes will shape the economy and housing market for years to come.   Ken explains why falling birth rates around the world are creating labor shortages, why the United States remains in a stronger position than many developed nations, and how an estimated $100 trillion wealth transfer from Baby Boomers to younger generations could influence housing demand, consumer spending, and investment activity.   They also discuss migration to the South, the outlook for multifamily housing, the reshoring of manufacturing, the rise of Gen Z's "tool belt generation," and why demographic trends may be more important than today's headlines when making long-term investment decisions.   If you're a real estate investor looking beyond interest rates and market cycles, this episode offers a big-picture perspective on where future demand and opportunity may emerge.   Timestamps:  00:00 Introduction 01:36 Demography & Fertility Decline 04:12 China 05:57 Immigration Policy 07:22 Misleading Headlines 10:21 Millenials 12:43 Baby Boomers and Wealth Transfer 14:20 Kathy's Story 15:18 Jobs Market & AI 18:02 Millenial Trends 19:54 Demographics and Wealth 21:17 Real Estate 23:25 Gen Z: The Tool Belt Generation 25:49 Multifamily Housing 27:09 Housing Supply 27:48 Where Baby Boomers will Retire 30:25 Reshoring   DISCLAIMER The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.RealWealthShow.com

Discover how each of us can contribute to keeping our neighborhoods cleaner, our environment safer, and our economy thriving—one recycled can, bottle, and newspaper.We are joined by Amy Densborn, Program Manager at SWACO—the Solid Waste Authority of Central Ohio. While trash and landfills aren't always easy or exciting topics, SWACO's pioneering efforts are transforming what we throw away into resources that power local communities, spark new markets, and build a greener future.Together, we dig into the incredible breadth of SWACO's programs—from recycling and composting in homes, businesses, and schools, to exciting partnerships that reclaim everything from sports gear to textiles. Amy Densborn shares personal insights, practical tips, and the fascinating backstory behind her passion for materials management. Whether you're wondering what happens to your recyclables, seeking ways to cut down on waste, or curious about the future of sustainability in Ohio, this episode has you covered.If you like this episode, please let us know. We appreciate the feed back, and your support of offset costs of producing the podcast!Here are 3 key takeaways every homeowner, business, and community leader should know:The Power of Community Recycling: SWACO supports more than 97% of single-family households with access to recycling programs in Franklin County. They help bridge the gap for multifamily residences through public drop-off sites, making recycling accessible for all.Innovative Partnerships & Programs: From textile recycling pilots that keep thousands of pounds of clothing out of landfills, to collaborations with nonprofits like Level the Playing Field to repurpose sports equipment—SWACO's creative partnerships drive real community and economic impact.Education Drives Change: There's a myth that recycling doesn't matter—but it's alive and well in Central Ohio! SWACO invests in educational outreach, partners with local haulers, and uses technology (even AI-enabled truck cameras!) to help residents recycle smarter and more often.Key Moments00:00 SWACO's Impact on Trash Crisis06:07 "Advancing Recycling Access"08:47 "Recycling Policy for Multifamily Housing"12:17 Franklin County Recycling Efforts14:31 "Recycling Myths Debunked"18:10 Landfill Tours & Battery Safety20:27 Switch to Rechargeable Batteries23:49 Accessible Athletic Gear for Kids28:24 Domestic Clothing Recycling Pilot29:55 "Community Recycling and Sustainability Efforts"33:56 China's Recycling Ban Impact38:39 "Final Thoughts on Waste Reduction"41:29 "Reusable Hazardous Waste Initiative"We would love to hear from you.Give us your feedback, or suggest a topic, by leaving us a voice message.Email us at hello@lookingforwardourway.com.Find us on Bluesky and Facebook.Please review our podcast on Google!And of course, everything can be found on our website, Looking Forward Our Way.Recorded in Studio C at 511 Studios. A production of Circle 270 Media® Podcast Consultants.https://creativecommons.org/licenses/by-nd/4.0/Copyright 2026 Carol Ventresca and Brett Johnson Mentioned in this episode:Listener DisclaimerThe views and opinions expressed by the experts interviewed on this podcast are their own and do not necessarily reflect the views of the podcast hosts or any affiliated organizations. The information provided in these interviews is for general informational purposes only and should not be considered as professional advice. Listeners are encouraged to consult with qualified professionals for specific advice or information related to their individual circumstances. The podcast host and producers do not endorse or guarantee the accuracy, completeness, or reliability of any information provided by the experts interviewed. Listener discretion is advised.

In this episode of The Passive House Podcast, Jay Fox speaks with Tony Daniels and Caitlin Matusewicz of Cycle Architecture + Planning about their backgrounds in high-performance design and the firm's focus on scalable multifamily deep energy retrofits, resilience, and Passive House. The conversation covers why retrofits are harder than new construction and how Cycle aims to scale by starting with repeatable retrofit solutions. They discuss panelized overcladding and modular mechanical strategies, NYSERDA's role via incentives and innovation programs, and broader barriers such as contracting and insurance models that enforce siloing.https://www.c-ap.net/Thank you for listening to the Passive House Podcast! To learn more about Passive House and to stay abreast of our latest programming, visit passivehouseaccelerator.com. And please join us at one of our Passive House Accelerator LIVE! zoom gatherings on Wednesdays.

Developing housing is already a complex equation and tapping EB-5 capital adds a whole other layer of strategy. In this episode of BuzzHouse, Don Bernards and Garrick Gibson are joined by their Baker Tilly colleagues Warren Oakes and Jillian O'Brien, two professionals with deep experience in EB-5 project structuring, compliance, and advisory services.They explain what EB-5 is, how it applies to multifamily housing, and the steps developers need to take if they're considering this type of capital. The conversation also covers legislative changes, including a potential new bill focused on supporting affordable and multifamily housing through EB-5 set-asides. If you're in the housing space and curious about alternative financing, this episode gives you the clarity you need to evaluate whether EB-5 is a good fit.Follow UsTwitter @BakerTillyUSFacebook @BakerTillyUSInstagram @bakertillyusPresented by Baker Tillywww.bakertilly.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode, Bob and Ben Fraser sit down with Dr. Peter Linneman, Wharton professor and real estate economist, to unpack the forces shaping today's economy. He explains how capital flows influence property prices, examines AI's impact on the labor market, and reviews housing trends—from multifamily demand to rent growth—revealing how economic shifts shape real estate and productivity. Essential insights for investors, economists, and housing professionals.Don't miss the 2026 Macro Economic Outlook—announced in the outro of this episode! Sign up here: https://aspenfunds.us/2026-macro-economic-outlook/Have more questions, or want more resources like a tax calculator? Go to https://investlikeabillionaire.org/  to learn more about our community. Check out Ben & Bob's company and invest along at https://aspenfunds.us/

Join Jacqueline Landry as she sits down with Lori Trainer from Pet Screening to discuss how property managers can transform pet policies from a liability into a revenue opportunity while reducing risk.What You'll Learn:The Three Pet Categories in Rental Housing:No pets allowedEmotional Support Animals (ESAs) - how to handle them legally and compliantlyHousehold pets - how to monetize and manage them effectivelyThe FIDO Score System: A revolutionary risk assessment tool that works like a credit score for pets, evaluating 22 behavioral factors including vaccination history, bite history, leash behavior, and more.Fraud Prevention: Learn about the rampant ESA certificate fraud and how states are cracking down on fake documentation. Discover how Pet Screening identified a California operation that issued over 12,000 fraudulent ESA certificates using a deceased doctor's medical license.Legal Protection: The Assistance Animal Compliance Guarantee covers 100% of legal and settlement costs if you follow Pet Screening's recommendations and face a fair housing claim.Free Resources Mentioned:FidoAlert.com & TabbyAlert.com - Free amber alert system for lost pets with QR code tags (60,000 pets reunited!)Down for Pets - Free pet adoption program for families with Down syndrome membersKey Takeaways:Pet Screening operates in 8 million units nationwide (1 in 7 US rentals)Database allows you to check a pet's behavior history from previous propertiesHUD is sending out ESA testers to ensure complianceRecent HUD ruling may blur lines between service animals and ESAsProperty managers can charge higher deposits based on FIDO scoresNever leave pet revenue on the table - proper screening enables acceptanceGuest Information:Lori Trainer Email: lori.trainer@petscreening.com Website: PetScreening.com 

Tony Milne, President and COO of CredHub, joins the podcast to discuss the evolving multifamily credit landscape, credit reporting as a behavior driver, resident retention through transparency, the advantage of building credit history for tenants, and the future of rent reporting.Tony further explores various credit scoring models, such as VantageScore 4, data standards, bureau adoption, and compliance considerations that property managers should prepare for. Finally, he discusses practical ways to successfully launch and implement tools to improve overall resident satisfaction.Explore additional Beyond Rent episodes by connecting with us on Facebook, Instagram, TikTok, LinkedIn, and YouTube.You can learn more about Tony Milne on LinkedIn, and CredHub on the company's website.Visit RentManager.com/Podcast to submit an idea for an upcoming episode of Beyond Rent and discover more about the program.Learn more about Rent Manager's industry-leading accounting, reporting, maintenance, and communication features at RentManager.com, or connect with us on LinkedIn, Facebook, Instagram, YouTube, and X.

In which types of homes are people safest from fires? Alex Horowitz shares research showing that multifamily is safer than single-family housing, newer homes are much safer than older homes, and that a single stairwell's just as good as two. This is part 6 of our series on misaligned incentives in housing policy.Show notes:Rodnyansky, S., Horowitz, A., Clifford, L., Su, D., Smith, S., & Trivedi, S. (2025). Small Single-Stairway Apartment Buildings Have Strong Safety Record. Pew Charitable Trusts.Clifford, L., Rodnyansky, S., & Horowitz, A. (2025). Modern Multifamily Buildings Provide the Most Fire Protection. Pew Charitable Trusts.Baird-Remba, R., & Horowitz, A. (2025). How States and Cities Decimated Americans' Lowest-Cost Housing Option. Pew Charitable Trusts.Wegmann, J., Baqai, A. N., & Conrad, J. (2023). Here Come the Tall Skinny Houses. Cityscape, 25(2), 171-202.UCLA Housing Voice episode 97, Single-Stair Buildings and Eco-Districts with Michael Eliason.

Click to text the show!Connect with Michael:https://www.michaelcoxen.com/https://www.linkedin.com/in/michaelcoxen/ Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen hosts Alex Roudi, who shares his journey from engineering to entrepreneurship and investment. They discuss the importance of a disciplined approach to financial freedom, the art of scaling businesses, and the strategies for investing in real estate, particularly multifamily housing. Alex emphasizes the significance of protecting investments from risks and the methodologies he employs to ensure sustainable growth and profitability.Main Points: Behind every great fortune is a blueprint.The real danger isn't just bad deals, it's the loss of years of compounding growth.Housing is for the most part in demand in almost all markets.We want to buy things at the lowest possible pricing.Protecting the downside is our number one task.We look for economic drivers that can sustain over a long period of time.Our cash on cash on a new asset is over 9%.We have a very strong profit sharing system that incentivizes long-term commitment.Every piece of our assumption has to be well thought of and conservative.These are the type of calculations we go through to make sure that our downside is protected.Connect with Alex Roudi:alex@interwestcapital.comwww.interwestcapital.comhttps://www.linkedin.com/in/alex-roudi-9553a128/

Greg MacKinnon is Director of Research at the Pension Real Estate Association (PREA), where he updates the world's largest institutional investors on portfolio construction, risk, and strategy. His is a vantage point most sponsors never get to hear directly. In this conversation, Greg and I revisited our conversation from two weeks ago to drill deeper into the housing market. His thesis is simple but surprising: the capital flows and risk assessments at the very top of the pyramid are being reshaped by renter bifurcation and the economics of affordability. Here are five questions Greg answered that every serious CRE professional should consider: Why does the 10-year Treasury matter more than the Fed's 25 bps rate cut last week? How fragile is today's economy, and what does that mean for institutional portfolio construction? How can understanding the “barbell” of renter demand help you make better investment decisions? Why has naturally affordable multifamily historically outperformed luxury on a risk-adjusted basis? Where are institutions actually deploying capital today and why? Greg's insights are drawn from the institutional world, where the stakes are measured in billions and the lens is long-term risk management. For sponsors and operators, listening in offers a rare chance to see how these investors are evaluating markets - and to align your own strategies accordingly. ***   In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

In this conversation, Ben Nelson, co-founder of Wild Oak Capital, shares his journey from the action sports industry to real estate syndication. He discusses the importance of building relationships, understanding the underwriting process, and focusing on value-add investments in the multifamily housing sector. Ben emphasizes the significance of investor relations and the unique approach his team takes in raising capital and managing assets. He also outlines their geographic focus and the types of investors they attract, highlighting the long-term vision of their investment strategy.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, Skyler Byrd interviews Jason Pollard, a seasoned real estate investor and agent based in Connecticut. Jason shares his unique journey into real estate, market insights over the past 15 years, and strategies for evaluating properties. He emphasizes the importance of building generational wealth through real estate investments and discusses his dual career as a firefighter. The conversation highlights the evolving real estate landscape, the challenges of property evaluation in older markets, and the significance of having a deliberate investment approach.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

My guest today is Darren Fisk, founder and CEO of Forum Investment Group. Darren's journey runs from a late-night $100 bet in a frat house that propelled him into Division 1 football to building a national real estate platform. We try to keep the conversation as wide-ranging as his career, covering everything from cultivating drive and resilience in your children to managing debt and seizing opportunities in real estate. Along the way, Darren shares the lessons he's carried from the locker room into the boardroom, the evolving landscape of commercial real estate, and the strategic differentiation of investment vehicles. Please enjoy this conversation with Darren Fisk. For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Introduction and Welcome (00:00:05) The $100 Bet: From Frat House to Division One Football (00:02:16) Overcoming Challenges and Building Drive (00:03:40) Instilling Drive in the Next Generation (00:08:22) Transition to Real Estate (00:08:27) Starting a Real Estate Firm During a Financial Crisis (00:10:42) The Importance of Cash Flow in Real Estate (00:14:35) Navigating Real Estate Cycles and Debt Management (00:19:01) Investing in Multifamily Projects (00:27:13) The Resilience of Multifamily Housing (00:33:42) Economic Concerns and Wage Inflation (00:34:54) Impact of High Interest Rates on Businesses (00:35:19) Turnover and Market Efficiency in Real Estate (00:36:59) Understanding Debt and Credit Vehicles (00:40:59) Investment Strategies and Market Adaptation (00:51:07) Challenges and Mistakes in Real Estate (00:55:39) Balancing Business Growth and Personal Fulfillment (01:04:06) Affordable Housing Solutions and Policy (01:07:14) Current State of Multifamily Housing Market Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, my guest is Marcy Sagel. She's the founder and principal of MSA interiors, with over 30 years of experience shaping multifamily housing, student living and senior housing and more. And in just a minute, we're going to speak with Marcy Sagel about From Blueprints to Brilliance, designing multi family spaces that rent.  https://msainteriors.com/  

Tyler Dunagin Turnserv founder and CEO, reveals how he built one of the fastest-growing multifamily housing brands using strategic systems, private equity, and AI-powered scalability. This episode is a must-watch for founders, real estate operators, and anyone looking to create scalable businesses in complex industries.In this episode, Tyler shares the systems and mindset behind TurnServ's success—landing on the Inc 5000 list and becoming a private equity-backed company expanding to 30+ cities. Whether you're struggling with growth, stuck in operations, or figuring out how to leverage AI in real estate, Tyler breaks down how to turn pain points into purpose-driven platforms.You'll learn:How to use automation, delegation, and elimination to escape founder dependencyWhy multifamily real estate is an ideal space for service innovationHow to retain A+ talent through equity incentives and cultureWhy building with the exit in mind is a game-changer for scalingHow TurnServe combines process-driven business models with AI for customer experienceWays to partner or scale your existing trade business with Tyler's teamIf you're searching for answers about how to scale a business in a boring industry, modernize your operations, or grow a real estate service platform that private equity wants to fund—this episode gives you real answers, not fluff.00:00 - Intro to Tyler Dunagin & Turnserv01:30 - From flipping houses to multifamily consulting03:00 - Why multifamily is scalable, repeatable, and recession-proof05:00 - Building with the exit in mind: systems and KPIs06:30 - Hiring & culture: how equity aligns the team08:30 - Mistakes, lessons, and managing expectations10:30 - Sales and marketing in today's world12:30 - AI for automation, operations, and experience15:00 - Creating a customer-centric business model17:00 - How to attract & retain top talent19:30 - Partnership, acquisition, and growth opportunities21:00 - Final thoughts & how to connect with Tyler#TylerDunagin #TurnServe #MultifamilyRealEstate #EntrepreneurshipPodcast #ScalableBusiness #AIInRealEstate #PrivateEquityFounder #BusinessAutomation #PropertyManagement #Inc5000 #StartupScaling #RealEstateInnovation #FoundersPlaybook #BusinessSystems #RealEstatePodcastTo check out the YouTube (video podcast), visit: https://www.youtube.com/@drchrisloomdphdDisclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.  Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphdTo help support the show:CashApp- https://cash.app/$drchrisloomdphdVenmo- https://account.venmo.com/u/Chris-Loo-4Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/supportBuy Me a Coffee- https://www.buymeacoffee.com/chrisJxClick here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-onlineClick here to check out our bookstore, e-courses, and workshops: https://www.drchrisloomdphd.com/shopClick here to purchase my books on Amazon: https://amzn.to/2PaQn4pFor audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1FFollow our YouTube channel: https://www.youtube.com/chL1357Follow us on Twitter: https://www.twitter.com/drchrisloomdphdFollow us on Instagram: https://www.instagram.com/thereal_drchrislooFollow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233Subscribe to our email list: https://financial-freedom-podcast-with-dr-loo.kit.com/Thank you to all of our sponsors and advertisers that help support the show!Financial Freedom for Physicians, Copyright 2025

In this episode of the Real Estate Pro Show, host Erika interviews Nazar Vincent, a construction expert and owner of Avatar Design and Construction. Nazar shares his journey from humble beginnings to becoming a successful developer and general contractor. He discusses his current focus on multifamily and single-family projects, the importance of in-house teams, and strategies for overcoming challenges in the real estate market. Nazar emphasizes the significance of cash flow and scalability in business, as well as the value of building strong relationships within the industry. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode of the Real Estate Pros podcast, Michael Bull shares his extensive experience in commercial real estate, discussing his journey from managing apartments to becoming a successful broker. He highlights the importance of education, navigating market cycles, and the current opportunities in the commercial real estate market. Bull emphasizes the value of training for agents and the need for municipalities to adapt to housing demands. The conversation also touches on personal interests and the significance of family in his professional life.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Send us a textIn this episode, we explore how elevated interest rates are impacting real estate valuations and deal activity. Mark shares insights from the multifamily and student housing sectors, discussing the widening gap between buyer and seller expectations, the growing pressure on assets with variable-rate debt, and the cash flow challenges reshaping the market. As recession fears loom, we unpack what investors should watch for—and where opportunities may emerge below replacement cost. If you're navigating real estate in today's economic climate, this conversation is a must-listen.

 In this episode of the Jake and Gino Podcast, Gino Barbaro dives deep into the current multifamily housing landscape and dissects whether the apartment oversupply crisis is reaching its end. Gino walks you through how the market cycle has evolved since the 2008 recession and explains why some cities like Dallas, Austin, and Phoenix are facing increased vacancy and downward rental pressure—while others like New York remain tight.If you're an investor, developer, or market watcher, this is your how-to guide on surviving (and thriving) in today's multifamily environment.Want a FREE copy of "Wheelbarrow Profits" or “Happy Money, Happy Family, Happy Legacy”?Email Gino at: gino@jakeandgino.comLearn more about the Wheelbarrow Profits Community:https://www.wheelbarrowprofits.com We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

In this conversation, Brett McCollum interviews Matt Faircloth, who shares his journey from being an engineer to becoming a successful real estate entrepreneur. Matt emphasizes the importance of gratitude, faith, and the choices we make in life. He discusses overcoming adversity, including personal losses and financial challenges, and reflects on his experience of meeting his birth mother and the impact of being adopted on his identity. The conversation highlights the significance of personal growth, resilience, and the power of connection. In this conversation, Matt Faircloth shares his journey from adoption to becoming a successful entrepreneur in real estate. He discusses the positive aspects of his adoption experience, the early days of building the DeRosa Group, and the challenges he faced in growing his business. Matt emphasizes the importance of extreme ownership, personal growth, and the lessons learned from hitting rock bottom. He also highlights the significance of having a supportive network and the resources available for aspiring investors.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this conversation, Steven Libman shares his journey from a challenging childhood to becoming a successful real estate entrepreneur focused on purpose-driven investing. He discusses the importance of core values in business, the impact of community initiatives, and the evolution of his company's mission to serve both investors and tenants. Steven emphasizes the significance of mentorship, the lessons learned from his experiences, and the importance of hiring the right talent to achieve success in the real estate industry.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

On this installment we're joined by Itai Ben-Zaken, founder and CEO of Honeycomb, an MGA with AI-driven technology to analyze aerial photographs of commercial building roofs to assess … Read More » The post Honeycomb Addresses Multifamily Housing Coverage appeared first on Insurance Journal TV.

On this installment we're joined by Itai Ben-Zaken, founder and CEO of Honeycomb, an MGA with AI-driven technology to analyze aerial photographs of commercial building roofs to assess … Read More » The post Honeycomb Addresses Multifamily Housing Coverage appeared first on Insurance Journal TV.

In this episode of the Real Estate Pros podcast, host Dylan Silver interviews Ed Weinberg, a seasoned real estate investor with a background in electrical engineering. Ed shares his journey into real estate, starting from his early investments in multifamily properties in Connecticut to his current focus on creative business acquisitions. He discusses the importance of networking, joining local real estate investment associations, and the challenges faced by landlords. Ed also delves into the strategies for acquiring businesses from tired owners, emphasizing the potential for profitable investments in a changing market.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, host Gil Jenkins speaks with Marshall Cox, co-founder and CEO of Kelvin, a national leader in intelligent HVAC solutions for legacy buildings in major cities. Marshall shares the origin story of Kelvin (formerly Radiator Labs) and discusses the company's flagship product—the Cozy—an insulated radiator cover that maximizes efficiency and eliminates waste in steam-heated buildings. He also outlines Kelvin's growth plans and explains how New York's Local Law 97 is accelerating the push for building efficiency and decarbonization. The conversation explores Kelvin's hybrid electrification strategy and its broader implications for cost-effective, resource-efficient building decarbonization. Additional topics include market expansion, Kelvin's innovative financing model, and the importance of partnerships with HVAC contractors and other key stakeholders.Bio:Dr. Marshall Cox is the co-founder and CEO of Kelvin, a pioneer in sustainable building decarbonization and innovative HVAC solutions. He earned his M.S. in materials science and engineering from Cornell University in May 2004 and his Ph.D. in electrical engineering from Columbia University in 2013. Marshall holds over 10 U.S. patents and has published eight peer-reviewed papers in semiconductor devices, processing, and inorganic synthetic chemistry. He has received numerous awards through his work at Kelvin, including the MIT Clean Energy Prize, the Verizon Powerful Answers Award, and the Popular Science Innovation Award.Links:Kelvin WebsiteKelvin on LinkedInMarshall on LinkedInEpisode recorded February 7, 2025 Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.

Explore the latest legislative updates impacting multifamily housing investments in Oregon and Washington! In this episode, we cover Oregon's new mandates like air conditioning requirements (SB 54), changes to rent cap exemptions (SB 722), and Washington's push for innovative housing solutions such as commercial conversions and zoning reforms. Learn how these policies affect supply, affordability, and investment opportunities in the region. Stay informed to adapt your strategies in 2025 and beyond!

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm   

On this special episode of BuzzHouse, Don Bernards sits down with David Gasson, executive director of the Housing Advisory Group, a national advocacy organization that works on behalf of the LIHTC, as well as broader housing issues. David provides insight on the implications of the 2024 election on the world of affordable housing – including leadership in housing policy-related Congressional committees, predictions on changes to the corporate tax rate, GSE reform, the status of CRA and much more. Press play and discover this informative and enlightening episode!Follow UsTwitter @BakerTillyUSFacebook @BakerTillyUSInstagram @bakertillyusPresented by Baker Tillywww.bakertilly.com

Did you know solar energy can do more than just cut utility bills? It can assist resident retention, boost NOI, and even ease the strain on the grid! Let's discuss this with Mel Bergsneider from Allume Energy. In this episode of The Multifamily Collective, Mike and Mel discuss the use of solar energy in multifamily housing. Solar energy is impacting the real estate landscape—and it's more accessible than you might think. Mel explains how Allume's SolShare technology distributes solar power equitably across multifamily properties, benefiting tenants, owners, and the grid. Learn how tax credits and renewable energy incentives in states like Illinois can make solar installation nearly cost-free, creating new revenue streams. Whether you're a skeptic or a solar enthusiast, this episode unpacks the myths, benefits, and future potential of renewable energy in multifamily housing. For more engaging content, explore our offerings at the https://www.multifamilycollective.com and the https://www.multifamilymedianetwork.com. Join us to stay informed and inspired in the multifamily industry! --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-brewer/support

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Jake Clopton, a seasoned entrepreneur and expert in commercial real estate. They discuss the current macro trends affecting the real estate market, the impact of interest rates, and the opportunities available for investors. Clopton emphasizes the importance of understanding different property segments, the risks associated with various investments, and the significance of capital sources in real estate transactions. The conversation also covers strategies for raising capital and navigating regulations in the real estate sector.Main Points:Interest rates are currently peaking and may decline soon.COVID-19 has accelerated existing macro trends in real estate.The bid-ask spread is a significant challenge in the current market.Multifamily housing remains a strong investment opportunity.Investors should be cautious with high-leverage short-term loans.Geopolitical events can impact local real estate markets.Understanding demographics is crucial for real estate investments.Mobile home parks require specialized operational expertise.Hospitality and assisted living facilities carry higher operational risks.Raising capital requires understanding the type of investment structure. Connect with Jake Clopton:https://cloptoncapital.com/jclopton@cloptoncapital.comhttps://www.linkedin.com/in/jakeclopton1/https://www.facebook.com/CloptonCapital/https://www.instagram.com/cloptoncapital1/

Send us a textWhat happens when mortgage rates soar to over 7% amid a tense presidential election season? Discover surprising market trends as we explore why pending home sales are defying expectations with a 4.5% increase, despite a notable pause among first-time buyers and an 8% dip in mortgage applications. Whether you're feeling cautious or ready to make a move, we'll dissect the complex factors at play, uncovering the impact on buyers, sellers, and investors alike. With the typical homebuyer's mortgage payment climbing to $2,593, the stakes have never been higher.Shifting gears, we investigate the cooling trend in multifamily developments across the U.S., with a 15.7% decrease in housing starts. While the Northeast faces a steep decline, single-family homes are experiencing a modest uptick. Unpack the variations across major cities like New York, Dallas, and Houston, and learn how these dynamics might offer unique opportunities in a fluctuating market. Jay Parsons joins us to highlight the nuanced factors influencing construction, from local regulations to supply chain hurdles. Tune in for insights that could reshape your next big real estate move and keep you ahead in an unpredictable landscape.Introducing the 60-Day Deal Finder!Visit: www.wealthyAF.aiUse the Coupon Code: WEALTHYAF for 20%  off!This episode is brought to you by Premier Ridge Capital.Sign Up for our Newsletter and get our FREE E-Book where you'll learn everything you need to know about creating financial freedom through multifamily syndication.Visit www.premierridgecapital.com now! This episode is brought to you by Premier Ridge Capital.Build Generational Wealth As A Passive Investor In Multifamily Real Estate Syndication!Visit www.premierridgecapital.com to find out more.Support the show

Did you know that nearly a third of households in the U.S. face an uphill climb to drive and benefit from an EV simply because they live in multifamily housing? This is not only a climate and public health issue, but also an equity issue. Research shows that access to reliable, convenient, and affordable EV charging is one of the biggest factors for consumers considering owning or leasing an EV. But are the public charging networks sufficient to meet the need for those without at-home charging? How do different cities stack up when it comes to public charging? And what actions should policymakers take to ensure a smooth road ahead? In this episode of Electrify This! host Sara Baldwin speaks with Ingrid Malmgren, Senior Director of Policy with Plug in America, to discuss the state of EV charging for people living in multifamily housing, key findings from new Energy Innovation research, and innovative approaches states and cities are taking to solving the EV charging gap. Tune in today to learn more! Guest Bio: Ingrid has over a decade of experience advancing sustainable energy and transportation electrification through research, utility regulatory proceedings, and legislative advocacy. She began to focus on EVs in 2015, working to demonstrate the benefits of EVs to consumers, the economy, the environment, and the electric grid. Before joining Plug In America, she worked as a senior analyst at Cadmus Group, a lobbyist in the Vermont Statehouse, and a transportation policy manager at Vermont Energy Investment Corporation.  Electrifying News:  NYC looks to kick its curbside EV-charging plans into second gear (Canary Media), 09/09/24Demand flexibility programs ‘need to evolve' as utilities shift to winter peaking: LBNL report (Utility Dive), 10/09/24Decarbonize Your Life (Heatmap News), 09/23/24Major Ohio cities aim to cut building emissions with voluntary program (Canary Media), 09/18/24  To dig in deeper, check out these must-read resources:The State of Electric Vehicle Charging for Multifamily Housing (Energy Innovation), October 2024The Home Charging Experience (Plug In America), January 2024EV Building Codes Toolkit (Plug in America)2024 EV Driver Survey (Plug In America)The Public Charging Experience (Plug In America), May 2024U.S. Department of Transportation, Charging and Fueling Infrastructure Grant RecipientsThe 2030 National Charging Network: Estimating U.S. Light-Duty Demand for Electric Vehicle Charging Infrastructure (NREL), June 2023     U.S. Department of Energy, Tax Credits for EVs and Charging Infrastructure

Yardi is value add for multifamily real estate. Period. ‘Value add' and ‘forced appreciation' are usually tied to exterior upgrades, paint, carpets, kitchens, and amenities to drive net operating income (NOI). Yardi is redefining that. You can buy a building where the traditional value add has already been maxed out, implement Yardi's systems, and—Presto!—you've just added more value, boosting NOI. If you're not using Yardi's AI-enhanced systems, you're falling behind. My guest today, Paul Yount, Industry Principal, Residential, shares how Yardi helps you dominate your competition and increase returns for you and your investors. Here's what you'll learn about: Virtual Assistants for Leasing: Yardi's AI chatbot, Chat IQ, automates responses to prospective residents via email, text, and voice. It provides faster, more effective responses than human interaction, helping you lease up quicker, convert more leads, reduce vacancies, and drive profits. Maintenance AI: Yardi's AI doesn't just log maintenance requests; it diagnoses and suggests solutions proactively, cutting maintenance requests by 17%. This streamlines operations, reduces costs, and improves resident satisfaction. Virtuoso Assistant: Designed for internal use, this AI assistant allows property managers to request and analyze performance data—like rent rolls or occupancy reports—via simple commands, optimizing decision-making and boosting management efficiency. Bottom Line: If you're a multifamily operator facing property management challenges, this podcast is a must-listen. ***** The only Podcast you need on real estate and AI.   Learn how other real estate pros are using AI to get ahead of their competition.   Get early notice of hot new game-changing AI real estate apps.   Walk away with something you can actually use in every episode.   PLUS, subscribe to my free newsletter and get: • practical guides, • how-to's, and • news updates   All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free.   EasyWin.AI  

On this episode of BuzzHouse, Don and Garrick sit down with Nate Helbach, founder and CEO of Neutral, a regenerative development company that crafts financially responsible, sustainable living spaces. Over the course of the episode, Don and Garrick talk with Nate about the thesis he utilizes for Neutral's strategy, the philosophy and benefits of using sustainable materials like mass timber, Neutral's use of renewable energy sources and more. Press play and discover this informative and enlightening episode!Follow UsTwitter @BakerTillyUSFacebook @BakerTillyUSInstagram @bakertillyusPresented by Baker Tillywww.bakertilly.com

At-home charging is the most common charging method among current EV drivers in the United States. It is convenient and reliable and less expensive than buying gasoline. However, people who live in apartments or condos often do not have access to a home charger, making EV ownership significantly more challenging. In order to achieve an equitable transition to EVs, these residents need convenient, reliable, and affordable charging options. In this episode, Malcolm Johnson from UC Berkeley and Ellen Kennedy from RMI discuss recent research their organizations published on EV charging at multifamily housing, including barriers, equitable solutions, and examples. 

Summary In this episode, Bo and Timmy discuss the economic impact of new jobs in Owensboro, Kentucky. After Gov. Andy Beshear announces that new dollar bills are coming to the community because of Zyn, they analyze the difference between basic and non-basic jobs and explain how basic jobs create a multiplier effect in the local economy. They use economic base analysis to determine the impact of 400 new basic jobs, which leads to a projection of 2,684 total new jobs. They also calculate the population employment ratio and predict a population increase of 5,395 people. Finally, they discuss the impact of these new jobs on retail demand and disposable income. In this conversation, Bo Barron and Timmy Barron discuss the impact of job announcements on various sectors of the real estate market in Owensboro, Kentucky. They analyze the potential demand for multifamily housing, retail space, and office space based on the projected increase in population and disposable income. They also highlight the importance of maintaining a certain level of vacancy in the office market to ensure efficiency and flexibility for businesses. Overall, the conversation provides valuable insights for real estate professionals and business owners in Owensboro. Takeaways Basic jobs have a multiplier effect in the local economy, creating non-basic jobs and increasing economic activity. The economic base multiplier can be used to predict the total number of jobs that will be created as a result of new basic jobs. The population employment ratio can be used to estimate the increase in population due to new jobs. Retail demand is driven by disposable income, which can be influenced by the increase in population and employment. Understanding the impact of new jobs on the local economy is crucial for commercial real estate professionals. Job announcements can have a significant impact on the real estate market, creating demand for various types of properties. Projected population growth and disposable income can help predict the demand for multifamily housing and retail space. Maintaining a certain level of vacancy in the office market is crucial for efficiency and flexibility for businesses. Understanding the specific needs and preferences of the target market is essential for successful development and investment in real estate. Sharing knowledge and insights through podcasts and other platforms can help professionals and businesses make informed decisions. Chapters 00:00 Introduction and Subscriber Update 03:26 Announcement of New Jobs in Owensboro 11:53 Understanding Basic and Non-Basic Jobs 19:13 Calculating the Economic Base Multiplier 25:46 Predicting Population and Employment Growth 32:13 Impact on Retail Demand 39:50 Calculating Disposable Income and Retail Demand 42:46 The Impact of Job Announcements 45:21 Predicting Demand for Multifamily Housing and Retail Space 53:23 The Need for New Rental Units 57:02 The Importance of Vacancy in the Office Market 01:09:21 Demand for Office Space 01:13:19 The Need for More Office Space

On this episode of BuzzHouse, hosts Don Bernards and Garrick Gibson discuss trends and insights on the multifamily housing industry's second quarter of 2024. Don and Garrick discuss the general economic overview, an update on construction costs, new real estate updates, as well as trends and takeaways from the multifamily housing market. Listen in on what we can learn from recent events as we continue through the second half of 2024.Follow Us:Twitter @BakerTillyUSFacebook @BakerTillyUSInstagram @bakertillyusPresented by Baker Tillywww.bakertilly.com

Greetings from Serbia!  The real estate market remains stagnant due to past rate hikes, with buyers awaiting potential Federal Reserve rate cuts and sellers reluctant to move from low mortgage rates to higher ones. Sales volume is low, but prices are still rising, making homes less affordable. The rental market remains undervalued, and rents are expected to increase. Single-family homes show historically low delinquency rates, indicating stability among existing homeowners. However, the multifamily sector faces significant delinquencies due to overbuilding and poor investment decisions, presenting both challenges and opportunities for investors amidst the ongoing housing supply shortage. #RealEstate #HousingMarket #MortgageRates #RealEstateInvesting #RentalMarket #HomeAffordability #HousingCrisis #PropertyInvestment #RealEstateTrends #MarketAnalysis #FedRateCuts #HomeBuying #RealEstateNews #InvestmentOpportunities #MultifamilyHousing Key Takeaways: 1:29 It's called SUMMER 2:13 A really quite real estate market in terms of sales volume 5:14 Average monthly P & I payment on 30-year fixed rate 8:56 Delinquencies- single family and multifamily properties 13:33 Google and censorship 16:40 Join our FREE ZOOM Masterclass JasonHartman.com/Wednesday 17:06 Blog post: Navigating Market Analysis and Forecasts Data to Hold the Strategic Decision Making   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In this episode, you'll learn about:The role of Revenue OperationsCortland's unique approach to branding, awareness, and rethinking marketing as an investment rather than an expenseThe importance of peer-to-peer recommendations and how Cortland manages their online brand reputationTim Hermeling is EVP of Marketing at Cortland. He is a goal-oriented person, both professionally and personally, as seen in his love of competing in triathlons and marathons. Tim went to college to be a sports broadcaster, but pursued public relations in order to find work in the city. After working closely with C-level executives in that role, he found his love for strategy and goal-setting would make him perfect for the marketing world. Tim started his journey in relationship marketing, focusing on direct mail, before serving as VP of Marketing for Classic Residence by Hyatt and VP of Product Marketing at Northern Trust Company. In 2015, he started with Cortland to establish their marketing strategy and recently moved into revenue operations to align all of the teams that support the top-line growth of the company. Cortland is a vertically integrated, multifamily real estate investment, development, and management company based in Atlanta. With over 250 apartment communities comprising over 80,000 homes in the US, Cortland is rethinking what apartment living can look like and giving tenants top-of-the line amenities throughout the Sun Belt. On the show today, Alan and Tim talk about his new role as head of revenue operations as well as how Cortland differentiates itself, their unique approach to branding, how they are rethinking marketing in the multifamily industry as an investment rather than an expense, and how they approach performance-driven marketing.Key Highlights:[01:45] How to hate running less[04:55] Tim's career path[09:00] Marketing vs. Revenue Operations[10:25] What is Cortland?[14:30] Tim's approach to branding Cortland[17:55] Finding efficiencies in driving awareness [19:25] Cortie, the Pug Mascot [21:20] Marketing in the multifamily industry [25:40] No one's doing it quite like Cortland.[27:20] Online brand reputation management [31:25] Performance measurement and research[33:30] What Tim learned from his time as a reporter [35:20] Advice to his younger self [37:45] The AI portion of the show[39:40] Harnessing the growing focus on experiences[41:05] The importance of the human touch Looking for more?Visit our website for the full show notes, links to resources mentioned in this episode, and ways to connect with the guest! Become a member today and listen ad-free, visit https://plus.acast.com/s/marketingtoday. Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Broadband Bunch, Brad Hine chats with Bryan Rader, President of MDU at Pavlov Media. Bryan provides an in-depth look at the evolution of managed Wi-Fi and its impact on multifamily housing. Some key topics discussed include the growing importance of bulk-managed Wi-Fi, the challenges and strategies for deploying such systems in existing properties, and the current regulatory environment impacting the broadband sector. The episode also delves into the economic and technological shifts in multifamily housing, highlighting the need for updated infrastructure to meet modern demands. Click the link below to listen. Also, subscribe to the Broadband Bunch podcast on your favorite podcast so you never miss an episode. To learn more: https://pavlovmedia.com

Scott Jacobson, 20 year veteran real-estate investor, explains what metrics you should be looking to see in a property's financials if you're hoping to invest in a multi-family property, as well as advice in working with a syndicate group of investors. Take a listen!

On this episode of BuzzHouse, hosts Don Bernards and Garrick Gibson discuss trends and insights on the multifamily housing industry's first quarter of 2024. Don and Garrick explore topics such as changes in construction pricing, the overall economy, real estate at large and key takeaways related to the multifamily sector. Listen in on what we can learn from recent events as we continue through 2024.Follow Us:Twitter @BakerTillyUSFacebook @BakerTillyUSInstagram @bakertillyusPresented by Baker Tillywww.bakertilly.com

Join hosts Jake and Gino on this enlightening episode of the Jake and Gino Podcast, featuring special guests Mark Purtell and Preston Hart from CTC Capital Management. Dive into the intricacies of multifamily housing investments and the unique strategies employed by CTC Capital Management to thrive in tertiary markets. Introduction to Multifamily Investments: Dive into the world of multifamily real estate with insights from the experienced team at CTC Capital Management, exploring how they've carved a niche in tertiary markets. Tech Triumphs in Real Estate: Gino shares a light-hearted anecdote about the ease of technology use in today's business environment, setting a positive tone for the discussion. From Trading to Real Estate: Mark Purtell narrates the intriguing transition of CTC from a trading firm to launching their first real estate fund, highlighting strategic diversification. Ins and Outs of CoGP Investments: Learn about the nuances of co-general partner investments, how they function, and why they are critical in structuring large property deals. Real-Life Deal Discussions: The guests share anecdotes of recent real estate deals, providing a real-world perspective on their strategies and the outcomes of their investment decisions. Strategic Investment Locations: Delve into why CTC focuses on the Northeast and Midwest, discussing the economic stability and competitive advantages of these less saturated markets. Risk Management in Real Estate: Discover how CTC preemptively addresses potential risks in property deals, illustrating their proactive approach to investment. Future of Multifamily Housing: Engage with thoughts on the future trends in multifamily housing and how demographic shifts influence investment strategies. Challenges and Solutions in Property Management: A candid discussion about the evolution from third-party to self-management among operators, highlighting how control over operations can lead to better outcomes. Operational Scale and Growth: Uncover how CTC has scaled its operations over the years, growing from single deals to managing significant assets, and the role of effective networking in expansion. Learning and Resources: Gain insights into the resources and learning materials that help keep the CTC team informed and ahead in the real estate game. Audience Engagement and Outreach: Find out how listeners can connect with CTC for potential collaborations or investment opportunities, emphasizing community and professional engagement.   Website: CTC Capital Management Email: contact@ctccapital.com Phone: 312-863-8079 Closing Thoughts: Stay tuned for more insightful discussions on real estate and investment strategies with Jake and Gino. Don't forget to subscribe for updates on future episodes! #JakeAndGinoPodcast #RealEstateInvestment #MultifamilyHousing #CTCCapitalManagement #InvestmentStrategies

Max Podemski is an urban planner, writer, and illustrator who currently serves as a transportation planner for the city of Los Angeles. In his new book, "A Paradise of Small Houses," he traces the evolution of American housing types, from the Philadelphia row house and Chicago workers cottage to the California bungalow. Podemski argues that California's rich history of desirable multifamily housing could hold a solution to the state's housing crisis.

With over 10,000 apartment investors, lenders, general partners, property management companies, and apartment builders… this is the biggest annual event for the apartment industry called NMHC. What was discussed? Well…the biggest take aways are: from the lenders…”we are not at the bottom of the cycle: more distress is coming!” The sales brokers said…”now, is a great time to buy.” The buyers said…”I will only buy with positive leverage on stabilized NOI and I want at least a 6 cap +”. The sellers said…”I won't look at an offer higher than at a 5.25% cap…find another buyer, please.” The limited partners are saying…”how much more capital calls are coming?” Yes…lots of opinions at the conference. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

Join us on the latest episode of Passive Investing from Left Field, with guest Paul Moore from Wellings Capital. In this episode, we unravel the art of building confidence with LPs, explore the resurgence of preferred equity, and share insights on diversification strategies. Discover Paul's journey from speculator to seasoned investor, gaining actionable advice for consistent returns. Don't miss these gems of wisdom that could steer your investment journey toward consistent returns and stronger strategies.  About Paul Moore  After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was 2x Finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He launched multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to Bigger Pockets, producing live shows, recorded videos, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he's been featured on over 200 podcasts. Paul is the author of Storing Up Profits – Capitalize on America's Obsession with Stuff by Investing in Self-Storage (Bigger Pockets Publishing 2021) and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Here are some power takeaways from today's conversation: 03:33 His real estate journey?05:20 Transition from speculator to investor07:32 Preferred equity vs preferred returns09:27 What is preferred equity?14:55 Why aren't the lenders lending more?16:42 Should the LP know about the preferred equity?04:35 The Evolution of His Real Estate Journey20:29 Are all pref equity the same?30:44 What to look for in the common equity?33:04 How do you protect yourself from deals failing?37:46 How does an LP get into pref equity?30:41 How does the LP evaluate this?43:48 Podcast recommendations44:42 Contact Paul45:05 Thank you for watchingThis show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    Resources Mentioned:Contact the Guest:Instagram- @paulmooreinvestFacebook- @wellingscapitalLinkedIn- https://www.linkedin.com/in/paul-moore-3255924/Email- paul@wellingscapital.comAvoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve SuhPodcast Recommendations:Motley Fool MoneyThe Walker WebcastAdvertising Partners:Left Field Investors - BECTribevestRise48Aspen FundsGSP REISpartan Investment GroupVyzer