135: Multifamily is On Fire but History Tends to Repeat Itself

The multifamily market has been so hot in recent years that pretty much everyone has prospered. These days, however, many newer operators are so hungry to get deals that they’re grossly overpaying and often times undercapitalized. If history repeats itself, a lot of these operators will be underwater and they’ll take their investors with them. 

Today’s guest, Neil Bertrand, Executive VP of REIT Group Ventures, has been in the business for almost 25 years and seen numerous cycles. Right now, Neil knows of forty deals in Texas that are either in arrears or in foreclosure.

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