Join John “Dr. Doom” Drachman, co-founder of Waterford Property Company, as he shares his keen insights on the multifamily market's evolution since 2022. He dives into why the anticipated distress never materialized, emphasizing the importance of stable, long-term investments over reckless flips. John highlights the impact of local knowledge on property returns, and why he advocates for 'boring' strategies like workforce housing. Discover the unique challenges of investing in states like California versus Texas, and gain valuable lessons for navigating today's market.