Dec 20, 2019
Today is the annual multi-family wrap up show for 2019. We are going to update you on the latest multi-family news, give you a few thoughts and tips about investing in multi-family and end up the show sharing with you the best places in the US to buy them, according to the statistics we have available to us.
How to contact us
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Sponsors
American IRA: www.americanIRA.com
Civic Financial: bit.ly/CivicFunding
Announcements:
- We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.
News:
iBuyers are not ripping consumers off. Are they?
On the other hand…
https://www.isoldmyhouse.com/ibuyers-guide/
And…
Expect Continued Economic Growth, Slower Real Estate Price Gains and Small Chance for Recession in 2020, According to Group of Top Economists
Multifamily REITs Are Once Again in Acquisition Mode
https://www.nreionline.com/multifamily/multifamily-reits-are-once-again-acquisition-mode
Why Multifamily Investors Are Betting on Affordable Housing in 2020
Will Apartments Be A Good Investment In 2020?
Five Reasons To Consider Investing In Residential Condos
Topic: Best Places for Multi-family/Commercial
Criteria:
- Employment Growth
- Population Stability
- New apartment construction (less is better)
- Rent trends
- Vacancy rates
- Cap rates (the local market and the property itself)
- Cash flow
- http://milesdevelopmentgroup.com/buying-criteria/
- http://www.themultifamilyinvestor.com/our-investment-criteria/
- https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property
- https://www.quora.com/What-are-key-purchasing-criteria-for-multi-family-apartment-building-investments
Best Places
- https://www.multifamily.loans/apartment-finance-blog/what-are-the-best-cities-for-multifamily-investing
- https://www.nreionline.com/multifamily/ranking-top-multifamily-markets
- https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/
- https://www.fortunebuilders.com/multifamily-investment-property/
Your Questions: Send emails to questions@rogerblankenship.com
Comment Line calls and Questions
Call 404-369-1018, press 1 and leave your message!
Motivational Thoughts for the day
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"Forgiveness is a strange thing. It can sometimes be easier to forgive our enemies than our friends. It can be hardest of all to forgive people we love. Like all of life's important coping skills, the ability to forgive and the capacity to let go of resentments most likely take root very early in our lives."
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-Mr. Rogers