Description
Have you gotten a little dizzy trying to figure out today’s multifamily market? Investors have faced significant challenges. In addition to loans that need refinancing at higher rates and higher costs for things like property insurance and real estate taxes, rents have been softening or even reversing because of a massive increase in supply. That’s not an easy problem to overcome for many multi-family property owners.
In today’s episode, you’ll hear from the president of Break of Day Capital, Gary Lipsky. He’ll be talking about how investors and syndicators are dealing with challenges like the cost of property management, maintenance, and renovations, what investors should be aware of as they buy into syndication deals and whether lower values are creating opportunities by offsetting higher costs.
Gary has more than 20 years of experience in the real estate industry that includes the founding of a multifamily syndication business with more than 3,200 apartment units. He’s the author of “Best in Class” and his newly released “Invest Smart: Spotting Red Flags in Real Estate Syndications,” the founder of Asset Management Summit, and the host of the Real Estate Investor Podcast.
You can find out more about his books at Amazon, along with our new book, “Scaling Smart: How to Design a Self-Managing Business.” They are both at Amazon. “Scaling Smart” went on sale September 10th. My co-author husband, Rich, and I will be hosting a virtual launch party on September 21st, with special guests that are mentioned in the book and plenty of time to answer your questions. It’s free to participate. You can register at realwealthshow.com under the Connect tab.
Links:
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OUR GUEST:
Invest Smart: Spotting Red Flags in Real Estate Syndications: https://a.co/d/91Kp3qV
Facebook: https://www.facebook.com/glipsky and https://www.facebook.com/BreakofDayCapital
Instagram: @garylipsky @breakofdaycapital
X: @garylipsky
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SCALING SMART EVENT:
Register for our Virtual Event on September 21st:
https://realwealth.com/scaling-smart-virtual-event/
Purchase Scaling Smart by Rich & Kathy Fettke: https://tinyurl.com/scalingsmart
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READ BOOKS BY RealWealth FOUNDERS📖👇
The Wise Investor by Rich Fettke: https://tinyurl.com/thewiseinvestorbook
Retire Rich with Rentals by Kathy Fettke: https://tinyurl.com/retirerichwithrentals
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MORE INFORMATION
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Check out our syndications at Grow Developments: https://growdevelopments.com/
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FOLLOW US ON INSTAGRAM:
Kathy: @kathyfettke or https://www.instagram.com/kathyfettke/
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Disclaimer:
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