500: Is This The Bottom?

Most people who bought multifamily properties back in 2008-2010 wish they had bought more. Since then, multifamily values have soared.  We never know when we’re at the bottom, but it’s possible we’re at a bottom now. Multifamily prices are down over 25% from the peak, and demand will ultimately again exceed supply as new construction projects get absorbed. Also, more people are renting as a lifestyle choice and as the cost of homeownership continues to increase. Brad Sumrok, the #1 nationally known educator and mentor for apartment investing, is currently trying to acquire more C and B class properties, mostly in Texas. In Brad’s mentoring business, he has helped his students purchase over $5B in apartment buildings (over 500 apartment complexes) and over 60,000 units.