This market was created by the perfect storm. The corona virus recession caused few homes to be put on the market and with almost no new home starts prices soared. This pushed more people into the rental market. This caused multifamily occupancy to reach an all-time high and at the same time new construction starts for apartment buildings where almost non-existent which created a sellers market for multifamily properties. Buying today can still make sense as long as you can raise rents within 2 years, as property values and profits will certainly go up. In this video, I’m going to go over 6 tested Cutting Edge Maneuvers from my book, for buying apartment buildings today intelligently. And stick around. At the end of this video, I will be giving you an a secret cutting edge strategy on where to look for better priced apartment buildings that will give you a much better cash on cash return in this overpriced market.
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To purchase Terry’s book, The Encyclopedia of Commercial Real Estate Advice go here: https://www.amazon.com/Commercial-Real-Estate-Encyclopedia-Professional/dp/111962911X
Or to read a sample go here: https://apartmentloanstore.com/sites/apartmentloanstore.com/files/book_sample.pdf
Thanks for watching!