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Join us as we speak with Neal Bawa, the mad scientist of multifamily investing. Neal is founder and CEO of Grocapitus, a commercial real estate investment firm that applies data-driven insights to invest in over 2,000 doors and more than $250 million in both multifamily and self-storage assets. Neal is also CEO of an apartment investing education company called MultifamilyU.
Episode Highlights:
- Real estate overcorrects in a downturn. In the last recession, the biggest swing in values was 70%
- Investors can consolidate more than 10 single family properties into portfolio loans
- Neal’s FREE Udemey real estate course teaches the 5 metrics to analyze a market prior to investing. It goes into detail about finding markets that have Goldilocks demographics less than $70,000 median income but greater than the poverty threshold. If too many people are below the poverty threshold you’ll have a lot higher turnover at your property. The typical stay for a healthy performing property is 2.5 years.
- Out of 8,751 census zones, Neal and his team identified only about 300 that were investment grade. That means that on average, only 3% to 5% of opportunity zones are investable.
Best Way to Contact Neal:
MultifamilyU: https://multifamilyu.com/
Helpful Links:
Neal’s FREE Udemy Course: https://www.udemy.com/course/realfocus/
Data provider for Opportunity Zones: https://investreal.com/#/
MultifamilyU: https://multifamilyu.com/
Best way to contact your host, Mason Klement:
mason@masonklement.com
Be sure not to miss any future episodes by subscribing to the Scalable Real Estate Investing Podcast using the links below.
YouTube channel: https://www.youtube.com/channel/UCgDaSaSQP0KLoVCgydDd9Hw
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