The truth about real estate investing is anyone can find a property to buy. The issue comes with non-experienced investors/sponsors, or investors who are not patient, who overpay for the asset, or have a business plan that is tough to implement. In the sea of multi-family real estate, the waters are red from deal sponsors competing for properties fueling the increased price in real estate and reducing investor returns. Despite the red waters, there are still opportunities for those who are creative, patient, and disciplined in their search.
It is a lot of work, time and commitment to find the right investment opportunities. If you are getting active in multi-family real estate investing or would like to learn more about passively investing please subscribe and join us each week.