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EP225: 2023 Market Updates and Strategies from the Mad Scientist of Multifamily with Neal Bawa

Multifamily Legacy Podcast

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The Importance of Cash Calls

The fact that people are not doing cash calls at this point in time is bizarre. It's just an indicative of look, you never had to do them as an industry. Let's do our cash calls, get beyond this year, and move on to brighter days. You do not want to get to the point where a hundred properties go back to the bank, because then all of us have problems. The other piece that I'd like to talk about, which he thinks is related to newer properties, is what do you do today? Right? A lot of people are pencils down. And so I have a suggestion that obviously you can be pencils down... Wait for six months,

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