Why Are MULTIFAMILY Properties Becoming A More PRACTICAL Investment Today?

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👉🏼 https://www.jayconner.com/7-reasons-report-youtube/ 👈🏼
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Multifamily properties are becoming a more practical investment for real estate investors today because of the high demand and stability, even during recessions and market downturns. The housing market isn’t what we think it is today and getting involved in multifamily properties is a great way to be prepared!

Watch this video to learn more about multifamily funding and what’s happening to the housing market so you can make the right decisions for your business!

Key Talking Points of the Episode

[00:00] Introduction
[00:54] How do you raise funds for a multifamily property the right way?
[01:25] What other ways can you fund a multifamily property?
[01:59] Why is access to private money important for investors?
[02:45] FREE BOOK: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business
[03:31] Where is the housing market going today?
[05:11] What is happening to supply and demand?
[06:05] What are big corporations doing to the properties they purchased?
[07:48] Who are the people buying the properties being unloaded?

Quotables

“When I say putting the right amount of money down, I’m not saying it came out of my pocket. I’m saying that we came up to the closing table with a 25-30% down payment, making the property easy to operate. We raised that through friends and family.”

“You build up your bank of potential investors and you cultivate them. You work with them, tell them what you’re doing, why you’re looking at this particular property and not that particular property. You tell them the whole story of the whole process.”

“We’ve done no money down deals, master lease options, syndication, assumptions - every possible way you can do a deal, we’ve done it.”

“You have to build relationships with your investors and that’s the easiest way to make sure that you have the dough when you’re ready to go.”

“Many people don’t understand that private money has nothing to do with institutional money.”

“What’s happening now is different than 2008 because back in 2008, there wasn’t sound underwriting. If you can fog up a mirror, you can get a mortgage.”

“The demand for our product, multifamily apartments, right now is bigger than it ever has been.”

“This market is in a worse situation than it was back in 2008.”

“We have more supply than we have demand for that’s coming up.”

“When you look at the year-over-year change, there is no great, massive migration that everybody is talking about. They’re just talking as if there’s a huge demand down the south and southeast section.”

“Zillow in Phoenix just unloaded 2,000 single-family homes that they had purchased cash because the demand is going away.”

“When you see most of these corporations who are doing most of the buying right now

“These homes now are being picked up by people who own more than one home. Many of these people own three homes, so it’s not their primary residence that they’re buying.”

“I own three homes and if the market turns, I don’t have to sell but other people will have to start to unload those things just to get out from underneath them. We’re gonna be swamped with a lot of single-family homes back on the market and that’s gonna change everything.”

Links

Book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business and Help You Build Incredible Wealth
https://www.jayconner.com/MoneyGuide

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Private Money Academy Conference: https://www.jayconner.com/learnrealestate/

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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

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