Is Real Estate Headed for an Affordability Crisis?

A $1 billion real estate operator stresses the importance of setting realistic expectations for investors in the current market. Veena Jetti believes it’s always better to under promise and over deliver. She’s the founding partner of Vive Funds, a commercial real estate firm that specializes in curating conservative opportunities for investors. She has over a decade of real estate experience that includes founding real estate firms and acquiring and managing over $1 billion in real estate. In this episode, Veena talks through some of the current trends she’s seeing in the multifamily market, from low cap rates to rising construction costs to high prices on older properties. She explains the advantages of appropriate underwriting and choosing conservative investment opportunities over ones that promise overly high returns, and she shares some predictions about where the growing challenge of affordability in real estate might lead. Veena Jetti is the founding partner of Vive Funds, and also a founding partner of Enzo Multifamily. Her professional expertise includes driving corporate strategy and business development opportunities. She has a finance degree from the University of Illinois at Chicago, and she’s a sought after speaker, panelist, and podcast guest. Key Insights: Prioritizing the LP experience Investing in the Atlanta market Vive’s response to rising construction material and labor costs The need to reset investor expectations Affordability challenges in real estate Subscribe to this podcast to build your healthy financial foundation through expertise, insights, strategies, tactics, wisdom, and inspiration from Alpha Investing’s community of professionals, advisors, investors, and members: Apple - Spotify - Google - TuneIn - Stitcher - iHeartRadio Guest Bio: Veena Jetti is the founding partner of Vive Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. Veena brings a dynamic perspective to targeting, acquiring, managing, and operating assets using best practices combined with cutting edge technologies. Her professional expertise includes driving corporate strategy and business development opportunities. After graduating from the University of Illinois at Chicago with a degree in Finance at 20 years old, she pursued her passion of real estate. Veena, also a founding partner of Enzo Multifamily, has over a decade of real estate experience and over $1B+ in real estate assets over her career in both the startup world as well as the corporate world. Because of her diverse background, she is often a panelist and speaker for various podcasts, global conferences, and radio shows. Resources: Real Wealth Real Health Alpha Investing [e-mail] Vive Funds Learn more about your ad choices. Visit megaphone.fm/adchoices