Neal Bawa, the founder of Grocapitus, has built an immense empire of 3,000 units with nearly 40,000 students studying his data-driven approach. In today’s episode, Neal dives into the key advantages and disadvantages of investing in Chicago compared to other major metros. He also provides his thoughts on opportunity zones, including the major benefits of OZs and why some are destined to fail. Being centered on data, he gives a deep dive into economic factors influencing Chicago, the individual investor, and the real estate market as a whole. Lastly, Neal explains how “churn” is the hidden expense you need to be accounting for.
Politics aside, the cities that are recovering faster from the economic shock of the COVID-19 pandemic are the ones that were fundamentally sound before the crisis and the ones who have made the difficult decision to essentially trade lives for economic stability.
In this informative episode, find out Neal’s five key points that matter most in identifying a great city for real estate investing and get to learn more how to analyze data to help you make the right decision.
Neal Bawa is a Silicon Valley-based syndicator, and educator specializing in multi-family asset classes. On today’s show we’re talking about the state of the capital markets and where investing is heading in multi-family apartments.