334: Today’s Market Requires More Experience And Discipline To Be Successful As The Obstacles Mount

Over the past several years, most operators in Real Estate did incredibly well, often regardless of experience. The rising tide lifted all boats. Today, more experience and skill will be required to acquire properties at the right price and operate them successfully. Having an established network of local brokers, local lending sources, and vendor contacts are becoming more critical in a market with far less margin for error. Specific asset class and market focus will also be paramount. Josh Ferrari, founder of Ferrari Capital, specializes in value-add multifamily in Alabama and Southern Mississippi, where he has vertically integrated systems and less competition.