699: Buying At A Discount Protects Against Market Fluctuations And Operational Unknowns

How much you pay, your debt, and staying power determines your success. From 2019-2022, too many people over payed for multifamily properties and utilized floating rate debt. Now many of these operators are under water and unable to hang on to their properties. Christopher Urso, Managing Partner at URS Capital Partners, saw that properties were overpriced at this time and made only one acquisition. He has made twelve acquisitions since January 2024. Over the past fifteen years, Chris has acquired over 5000 multifamily units and generated a 32.9% IRR and a 2.07% multiple.