30 subscribers
Ga offline met de app Player FM !
ASK MIKE MONDAYS: “Michael, what do you expect in 2025 for apartment investors?”
Manage episode 462088774 series 1181820
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.
524 afleveringen
ASK MIKE MONDAYS: “Michael, what do you expect in 2025 for apartment investors?”
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Manage episode 462088774 series 1181820
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.
524 afleveringen
すべてのエピソード
×![Artwork](/static/images/128pixel.png)
1 EPS 319 - Are Apartment Investors Finding "DEALS" in San Antonio & Houston? Top Colliers Sales Brokers Weigh In. 41:14
![Artwork](/static/images/128pixel.png)
1 EPS 317 - Meet the Dynamic Duo Behind the Apartment Investment Revolution: Corey & Candice Muldrow 38:58
![Artwork](/static/images/128pixel.png)
1 EPS 316 - DFW is one of the top 1-2 institutional markets in the nation. Why are THESE buyers flocking to North Texas? 42:18
![Artwork](/static/images/128pixel.png)
1 EPS 313 - “Maximize Your Returns: Why Investing in a 12- Unit Apartment Building Can Boost Your Real Estate Portfolio!” 36:42
![Artwork](/static/images/128pixel.png)
1 EPS 311 - The ZERO to ONE Challenge. Buying your first large apartment building. Can YOU do this? 47:00
![Artwork](/static/images/128pixel.png)
1 EPS 308 - Where do you make money at these days? War Fighter and Top Apartment Broker; Mark Allen chats about the North Texas market. 31:40
Welkom op Player FM!
Player FM scant het web op podcasts van hoge kwaliteit waarvan u nu kunt genieten. Het is de beste podcast-app en werkt op Android, iPhone en internet. Aanmelden om abonnementen op verschillende apparaten te synchroniseren.