745: Multifamily Is Out-Of-Favor But Positioned To Rise
From Street Smart Success · 00:45:01
Show by Roger Becker
Although many investors are soured on Multifamily, now is a great time to buy. Many properties are priced 30%, or even lower off the top, well below replacement costs, including newer properties. With dwindling new supply, vacancy rates are gradually shrinking, and occupancy levels improving. As new supply continues to plateau, rents will start to climb after four years of stagnation. Forrest Jinks, CEO of Altus Equity Group, has operated multi-family, industrial, commercial, and retail, and believes now is the time to double down on Multifamily.
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