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Paul Peebles and Michael Becker에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Paul Peebles and Michael Becker 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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ASK MIKE MONDAYS: “Michael, what do you expect in 2025 for apartment investors?”

30:02
 
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Manage episode 462088774 series 1181820
Paul Peebles and Michael Becker에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Paul Peebles and Michael Becker 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

1. 2024 Performance: Michael was disappointed with the acquisition activity due to fluctuating interest rates and low transaction volumes. 2. Market Conditions: The fundamentals were soft in 2024 with flat to down rents, especially in Central Texas. Occupancy stabilized at around 93% portfolio-wide by January 2025. Michael anticipates a recovery in 2025, particularly in the second quarter when the supply of new properties is expected to decrease significantly. 3. Example Deal: Michael described a deal in Dallas involving a late 90s property bought for around $170,000 per door, with plans to invest about $10,000 per unit for renovations. The property is well-located with low rents compared to competitors and has a value-add opportunity. 4. National Multifamily Housing Council (NMHC) Conference: The conference is a major event for multifamily real estate professionals, focusing on deal-making rather than education. It is beneficial for networking and meeting potential equity partners, though it may be overwhelming for newcomers. 5. Market Outlook: Michael expects higher occupancies and rent growth in 2025 as the supply of new properties decreases. He also notes that the current environment is challenging but sees a generational buying opportunity in multifamily real estate. 6. Advice for New Investors: New investors should start as limited partners to gain experience and recommends participating in educational events like bus tours to understand the market better. Overall, the discussion highlights the challenges and opportunities in the Texas real estate market, the importance of strategic networking, and the potential for recovery and growth in the coming years. Are you interested in learning more about how Multifamily Syndications work? Please visit SPIADVISORY.COM to understand more about Michael Becker’s Real Estate Syndication business. If you enjoyed this discussion; Please leave us a 5-STAR RATING on iTunes.

  continue reading

524 에피소드

Artwork
icon공유
 
Manage episode 462088774 series 1181820
Paul Peebles and Michael Becker에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Paul Peebles and Michael Becker 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

1. 2024 Performance: Michael was disappointed with the acquisition activity due to fluctuating interest rates and low transaction volumes. 2. Market Conditions: The fundamentals were soft in 2024 with flat to down rents, especially in Central Texas. Occupancy stabilized at around 93% portfolio-wide by January 2025. Michael anticipates a recovery in 2025, particularly in the second quarter when the supply of new properties is expected to decrease significantly. 3. Example Deal: Michael described a deal in Dallas involving a late 90s property bought for around $170,000 per door, with plans to invest about $10,000 per unit for renovations. The property is well-located with low rents compared to competitors and has a value-add opportunity. 4. National Multifamily Housing Council (NMHC) Conference: The conference is a major event for multifamily real estate professionals, focusing on deal-making rather than education. It is beneficial for networking and meeting potential equity partners, though it may be overwhelming for newcomers. 5. Market Outlook: Michael expects higher occupancies and rent growth in 2025 as the supply of new properties decreases. He also notes that the current environment is challenging but sees a generational buying opportunity in multifamily real estate. 6. Advice for New Investors: New investors should start as limited partners to gain experience and recommends participating in educational events like bus tours to understand the market better. Overall, the discussion highlights the challenges and opportunities in the Texas real estate market, the importance of strategic networking, and the potential for recovery and growth in the coming years. Are you interested in learning more about how Multifamily Syndications work? Please visit SPIADVISORY.COM to understand more about Michael Becker’s Real Estate Syndication business. If you enjoyed this discussion; Please leave us a 5-STAR RATING on iTunes.

  continue reading

524 에피소드

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