Real Estate In 2024 | Multifamily, Investing, and Different Asset Classes | Adrian Lufschanowski
Manage episode 401842068 series 3345037
In this episode, JP and Adrian provide an update on the current real estate market conditions and investment opportunities.
They discuss why multi-family and affordable housing can still be attractive, even during market downturns. They also share advice for new real estate investors.
If you'd like to learn more about Thrive FP and multifamily real estate, head to https://thrivefp.com
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Timestamps:
0:00 - Introduction 0:14 - Current market conditions
0:29 - Why multifamily housing 0:54 - Defining apartment classes
1:48 - Affordable housing demand 2:58 - Impact of interest rates 3:38 - Geography's role
4:39 - Rent growth expectations
5:30 - Affordable housing supply
6:07 - Defining "affordable"
6:39 - Rent vs. own costs today
7:12 - Outlook for 2023-2024
7:49 - Prices and rents resetting
8:17 - Historical rent growth 8:46 - Advice for new investors
10:50 - Questions to ask sponsors
11:14 - Due diligence tips
12:13 - Focus on essentials 12:42 - Storage example 13:10 - Why multifamily works 13:49 - Affordability in downturns 14:00 - Wrap up
*This show is for entertainment purposes only.
63 episodes