Episodes

When deciding who to invest with, experience is what matters most, starting with the number of deals someone has done. Forty percent of Multifamily operators have done fewer than five full cycle deals. Like anything else, Rea...

Although the market for multifamily has taken a big hit over the last two years as interest rates have risen, lenders are extending loans and sellers are still holding out. Over the next couple years, this will change as lend...

One of the little discussed sectors of multifamily investing is townhomes. Townhomes are easier to build than large apartment complexes, and they have strong appeal to certain segments of renters. Townhomes appeal more to fam...

Over the past two years, multifamily has faced major challenges that’s resulted in price reductions of 25-35%. Class C in particular has taken a major hit in several markets, but Inflation has recently been tamed and expenses...

As demographics and lifestyles change, so do the requirements for where tenants choose to live. This is why architectural and design components for living spaces increasingly impact the desirability and value of residential p...

Although much of the hospitality industry has rebounded from Covid, many hotels are stiff facing headwinds. What compounds this challenge is the requirement national brands place on operators to invest large sums of money int...

AI will change the world even more than the internet, with profound implications for all aspects of society. It will impact most aspects of commerce, including Real Estate. Amongst other implications, AI is creating an insati...

Although asset prices have declined over the past couple years, we still may see further reductions, especially with the possibility of another recession. If oil prices spike, or we have another major stock market correction,...

The national debt has climbed to nearly $35 Trillion dollars. Many economists believe this will produce unavoidable inflation and increased interest rates. As of this year, however, U.S inflation has been largely tamed and co...

There are many investment opportunities to generate cash flow, but few are as safe as low leverage Hard Money Loans against single family homes in strong markets. As long as you have an experienced operator who knows how to v...

In the past decade, Credit Unions have become more mainstream and a common source of commercial lending. As consolidation in the banking industry as depleted the number of community banks, Credit Unions have been filling the ...

Getting the right price and the right terms is the ultimate hedge against the inevitable unknowns and challenges of operating multifamily properties. Class C properties, in particular, can present great buying opportunities, ...

50% of multifamily property management fees are generated through maintenance work. Property management firms markup maintenance as high as 50%, and don’t provide clients itemized expenses. Some companies even charge vacancy ...

Despite headwinds that have buffeted the multifamily industry over the last couple years, certain markets have continued to flourish. New England, for example, has continued to excel because there’s been an influx of new resi...

As passion for sports persists, the sports industry has shown major growth over the past several decades. It’s not just the teams, it’s the entire industry and ecosystem that supports them. Whether it’s food and beverage, mer...

As banks have become more regulated since 2008, and more risk averse because of economic uncertainty, the private lending market has grown tremendously in recent years. Whether it’s Real Estate operators who need to come up w...

Starting in 2012, Blackrock started investing in single family homes. This was on the heels of the great financial crises when newer homes in Phoenix and other sunbelt markets were selling for $60,000-$70,000. Since then, oth...

Wealth Management professionals typically recommend clients invest 70-80% of their portfolios in traditional vehicles such as stocks, bonds and commodities. Although traditional investments are great long-term wealth-building...

There are no shortcuts to succeeding in business, there’s no way to avoid doing the hard work and putting the time in. The key is to persevere and stay in the game long enough to succeed. The longer you persist, the easier th...

There are different strategies for scaling a Real Estate portfolio. You can raise money from friends and family, you can syndicate deals from accredited investors, or you can create funds with multiple assets. Instead of thes...

Industrial properties were at 80% occupancy and selling at 5 cap rates pre-pandemic. Now they’re over 90% occupancy and selling at 8.5% cap rates. With interest rates most likely coming down, this represents a great opportuni...

David Saxe is co-founder and Managing Principal at Calvera Partners. His company started out by buying small value-add multifamily properties in the San Francisco Bay Area and has grown to acquiring larger properties in Austi...

With so many multifamily syndicators having executed value-add business plans over the past several years, there are fewer of these properties available for acquisition. Additionally, older properties have more deferred main...

Over the past several years, it’s been difficult to generate cash flow investing in commercial Real Estate equity. There’s been too much investor demand driving the prices up and the returns down. Investing in debt, however, ...