A Year of “Chaos” Left in The Multifamily Market (DON’T Buy Now)

Episode #147

The multifamily real estate market went from bad to worse. Interest rates are still at record highs, cap rates have somehow stayed compressed, rent growth looks bleak at best, and sellers refuse to budge on their prices. As a result, inexperienced operators are picking up so-called “deals” to shop around to their investors—and they could be walking into a massive financial trap without even knowing it.

If you want one hundred and one reasons NOT to buy multifamily right now, Brian Burke is here to help. But, if you want a counteracting force of optimism as to why you should pursue multifamily properties, Matt Faircloth can balance out this debate. These investors have owned and managed THOUSANDS of apartment units, but NEITHER of them has bought in over a year. Brian even went as far as selling most of his portfolio right before the commercial crash, a move many thought was far from wise at the time.

These two time-tested multifamily experts come on today to talk about the commercial real estate crash, the “chaos” that could ensue over the next year, why inexperienced syndicators are about to bite the dust, and why multifamily investing may not be the move to make in 2023. Think this is just a bunch of scare tactics to keep you away from good deals? Tune in to be surprised.

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Show notes at: https://www.biggerpockets.com/blog/on-the-market-147?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

02:10 Meet the Multifamily Opponents

05:51 Have Sellers Lost Their Minds?

16:49 Cost Segregation Gone Wrong

18:49 The ONLY Way to Buy Multifamily in 2023

26:59 Opportunities to Buy?

33:22 A Needle in the Housing Market Haystack

44:04 Interest Rates and Commercial Debt

52:27 Connect with Brian and Matt!

54:32 What Investors Can Do NOW


Did you miss our previous article...
https://trendinginrealestate.com/multifamily-investing/how-to-convert-a-liability-into-an-asset-robert-kiyosaki-rich-dad-poor-dad