71: The Multifamily “Bomb” is About to Blow, Here’s What You Need to Know w/Brian Burke

On The Market · Jan 20, 2023 · 53m

Multifamily real estate is by no means an easy asset class to buy into. What most people mistook as simple investments in 2020 are now turning out to be cash-hemorrhaging, high-interest, soon-to-go-bust investments. Everyone and their grandma was trying to buy the biggest apartment building they could, bidding well over asking without checking the fundamentals of the deal. Now, these buyers have to reap what they sowed by selling a solid asset at a low price or falling into foreclosure.

But how did we get here? Wasn’t multifamily the hottest asset class of the past two years? This was…