In 2020, we were afraid to go anywhere. 2021 turned into the greatest year for real estate of all time. In 2022, we watched interest rates spiral out of control and dramatically shift the market, and we’re now living in the wake of these major shifts, both positive and negative.
So, what can we expect moving forward? To help answer that question, I’m talking to Neal Bawa. Neal is the founder of UGro and Grocapitus and known as the Mad Scientist of Multifamily with a $1B real estate portfolio and over 900 investors. Based in the Bay Area, he uses cutting edge analytics and tech tools to give himself–and his students–a powerful edge in the world of multifamily investing.
In today’s conversation, Neal and I talk about why we’re all better off buying properties now than we were 18 months ago, why this may be our best opportunity to buy since 2009, and what the future holds for our industry.
Key Takeaways with Neal Bawa
- Why Neal is still extremely bullish about multifamily.
- How to frame today’s market as a winning opportunity for your prospective investors and limited partners.
- Why syndicators should be worried about overpaying–and why now’s a great time to invest in investor education.
- What to expect in 2024, why so many syndicators are going to be out of business a year from now, and how to do your best to not become one of them.