Key Takeaways
Institutional investors may require a higher preferred return but typically accept a smaller equity share, offering flexibility in deal structuring.
Policies like rent control can hinder cash flow, especially in areas with rising costs, affecting property valuations and investor returns.
Population and job growth, along with household income, are vital indicators of a market's potential to sustain rental growth and value appreciation.
Diverse employment sectors mitigate risks during economic downturns, providing stability in occupancy and rental income.
Working with city officials and economic development teams can ease processes like zoning, permitting, and provide incentives, benefiting both the property and local community.
Investors should clarify if they're prioritizing immediate cash flow or long-term appreciation to align with property performance expectations.
Cost segregation is a powerful tool that enables investors to accelerate depreciation, significantly reducing taxable income and offering potential financial advantages.
Episode Timeline
[0:00 - 3:15] Introduction and background of the guest.
[3:16 - 8:3] Exploring the impact of institutional money in multifamily deals.
[8:31 - 12:45] The role of market conditions in deal success.
[12:46 - 17:20] Key metrics for evaluating multifamily markets, including population and job growth.
[17:21 - 23:00] Understanding the importance of NOI and cap rates in property valuation.
[23:01 - 26:35] The significance of demographics and crime statistics in asset positioning.
[26:36 - 30:10] Social impact through safe housing and community involvement.
[30:11 - 34:50] Tax benefits for real estate investors and wealth-building strategies.
[34:51 - 38:00] Final thoughts, tips for new investors, and closing remarks.
Contact
Website: https://mikemorawski.com/
Email: mike@mikemorawski.com
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Ruthie's Table 4
For more than 30 years The River Cafe in London, has been the home-from-home of artists, architects, designers, actors, collectors, writers, activists, and politicians. Michael Caine, Glenn Close, JJ Abrams, Steve McQueen, Victoria and David Beckham, and Lily Allen, are just some of the people who love to call The River Cafe home. On River Cafe Table 4, Rogers sits down with her customers—who have become friends—to talk about food memories. Table 4 explores how food impacts every aspect of our lives. “Foods is politics, food is cultural, food is how you express love, food is about your heritage, it defines who you and who you want to be,” says Rogers. Each week, Rogers invites her guest to reminisce about family suppers and first dates, what they cook, how they eat when performing, the restaurants they choose, and what food they seek when they need comfort. And to punctuate each episode of Table 4, guests such as Ralph Fiennes, Emily Blunt, and Alfonso Cuarón, read their favourite recipe from one of the best-selling River Cafe cookbooks. Table 4 itself, is situated near The River Cafe’s open kitchen, close to the bright pink wood-fired oven and next to the glossy yellow pass, where Ruthie oversees the restaurant. You are invited to take a seat at this intimate table and join the conversation. For more information, recipes, and ingredients, go to https://shoptherivercafe.co.uk/ Web: https://rivercafe.co.uk/ Instagram: www.instagram.com/therivercafelondon/ Facebook: https://en-gb.facebook.com/therivercafelondon/ For more podcasts from iHeartRadio, visit the iheartradio app, apple podcasts, or wherever you listen to your favorite shows. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com