2024 Multifamily Market Outlook (Predictions, Insights, and Recommendations)

Join Juan Huizar (President) and Caleb Baldwin (Vice President, Investment Sales) as they dive deep into the 2024 multifamily real estate market! In this insightful discussion, we explore buyers' and sellers' apprehensions, strategies to overcome investment hurdles, and the critical importance of acting now to build wealth. Discover key tactics to navigate the current market, understand the pivotal role of appreciation versus cash flow, and learn how to make informed decisions for 2024 and long-term success.
0:00 - Introduction
1:30 - 2024 Market Overview: Buyers and Sellers
3:00 - The Impact of Interest Rates in 2023 vs. 2024
4:30 - The 10-40-40-10 Rule Explained
6:00 - Overcoming Apprehensions
7:30 - Main Drivers for Current Buyers
10:00 - Appreciation vs. Cash Flow: Building Wealth
14:00 - Real Estate Investing: Timing the Market
16:00 - Common Mistakes: Listening to Inexperienced Advisors
18:00 - Understanding the Financials: Cap Rates and GRMs
20:00 - Tenant Issues and Rent Control Laws
28:00 - The Current Market: Buyer's or Seller's Market?
36:00 - The Role of Education and Goal Setting
39:00 - Final Thoughts and Advice for Investors
Listen to our podcast on your favorite platform: Spotify, Apple, Amazon, or Pandora!
www.sageregroup.com/podcast/
#realestate RealEstate #RealEstate2024 #InvestmentStrategies #MarketTrends #RealEstateInvesting #WealthBuilding #RealEstateAdvice #RealEstateTips
--------------------------------
Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing.
Juan specializes in selling multifamily apartment units as well as residential properties. He prides himself in locating value-added properties that maximize the client’s investment yields. Juan is a detail-oriented entrepreneur.
Today he handles everything from finding, funding, designing, managing, and selling investment properties. His diverse experience in commercial and multifamily real estate allows him to develop and navigate a wide range of projects.
BRE 01417642​​​
www.SageREGroup.com
Follow me on social media:
Instagram: / multifamilylongbeach
Facebook: / sageregroup
LinkedIn: / juanhuizar-sagerealestate

[@jamesjanotta2363]

Great points ! Really changing my mindset on the cash flow aspect

[@SageRealEstate]

Glad it was helpful!

[@adenildasilva4071]

Hi how are you guys today?I have one question if you guys can help me,I leave in Boston Massachusetts can guys please refer me to some agent around here?thank you.

[@lukesammann1959]

no one is going to give you a loan to buy it if it doesnt cashflow. Lenders mostly want to see a dscr of at least 1.25. Plus if it doesnt cashflow you arent going to get a very high return. You would have to get super lucky buying in an area with super high appreciation rate. But thats really hard to predict

[@SageRealEstate]

Luke under four units the bank doesn't care if the property doesn't cash flow, it's not a requirement. The scenario you're describing exist, but on five units and above only. Southern California has a track record of over 50+ years of an average of 6.3% annual appreciation. So it's really not that difficult difficult to predict.