Edified Equity

Edified Equity Podcast Episode 26: The Affordable Housing Multifamily Market, Need/Demand, & Why Multifamily reigns as THE Choice Investment

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 26: The Affordable Housing Multifamily Market, Need/Demand, & Why Multifamily reigns as THE Choice Investment

Here’s 2min & 45sec of Wisdom on the Multifamily Market, The Need/Demand for Affordable Housing (NOTE: this is what we provide with our B & C class Apartment Communities), and Why Multifamily remains to be THE Choice Investment - from Tom Farrell President of LMC

https://www.multifamilyexecutive.com/videos/affordability-and-high-demand-lead-to-foreign-capital_o?fbclid=IwAR2RnsvuX8S0VaQyz7LpBozITv51EeDp4qUpwVVJXVF_cjJW9Be8VJjK408

Key Insights & Takeaways:

*As a Nation and Industry we have a ”big issue” and NEED to provide 4.6million doors in order to meet the affordable rental demand over the next 12 years. This is per the National Apartment Association & the National Multifamily Housing Council.

*While secondary and tertiary markets work well for affordability… locations where supply is difficult to develop is where affordability is needed most. Purchasing and, optimally, Operating as an Affordable Apartment Community in these areas will fill a need in HIGH demand and assure high occupancy.

*Investor Capital and Foreign Capital, specifically, is Headed into the Multifamily Space because “it really does return the best risk adjusted return of any real estate class.” Note: not to mention the unique tax benefits.

*While Multifamily is poised to put more investors’ capital to work - The Trust Curves are still very important. They must not only believe in the space, but the operating team, and the deal specific investment itself before saying YES to a collaborative opportunity.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#multifamilyinvestments #impactinvesting #trust #costsegregation #apartments

#syndications #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice

Edified Equity Podcast Episode 26: The Affordable Housing Multifamily Market, Need/Demand, & Why Multifamily reigns as THE Choice Investment

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 26: The Affordable Housing Multifamily Market, Need/Demand, & Why Multifamily reigns as THE Choice Investment

Here’s 2min & 45sec of Wisdom on the Multifamily Market, The Need/Demand for Affordable Housing (NOTE: this is what we provide with our B & C class Apartment Communities), and Why Multifamily remains to be THE Choice Investment - from Tom Farrell President of LMC

https://www.multifamilyexecutive.com/videos/affordability-and-high-demand-lead-to-foreign-capital_o?fbclid=IwAR2RnsvuX8S0VaQyz7LpBozITv51EeDp4qUpwVVJXVF_cjJW9Be8VJjK408

Key Insights & Takeaways:

*As a Nation and Industry we have a ”big issue” and NEED to provide 4.6million doors in order to meet the affordable rental demand over the next 12 years. This is per the National Apartment Association & the National Multifamily Housing Council.

*While secondary and tertiary markets work well for affordability… locations where supply is difficult to develop is where affordability is needed most. Purchasing and, optimally, Operating as an Affordable Apartment Community in these areas will fill a need in HIGH demand and assure high occupancy.

*Investor Capital and Foreign Capital, specifically, is Headed into the Multifamily Space because “it really does return the best risk adjusted return of any real estate class.” Note: not to mention the unique tax benefits.

*While Multifamily is poised to put more investors’ capital to work - The Trust Curves are still very important. They must not only believe in the space, but the operating team, and the deal specific investment itself before saying YES to a collaborative opportunity.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#multifamilyinvestments #impactinvesting #trust #costsegregation #apartments

#syndications #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice

Edified Equity Podcast Episode 25: Equity Investors, Fees, and Transparency of Fees in Multifamily (Apartment Community) Syndication

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 25: Equity Investors, Fees, and Transparency of Fees in Multifamily (Apartment Community) Syndication

I work directly, in confidence, with Equity Investors and Ultra-Affluent Families offering them a turnkey collaboration opportunity in Apartment Community Syndications.

This is an opportunity, and space, they know and believe in. The collaboration provides very unique tax benefits, pays them quarterly, and when we refinance or sell the asset it will pay them a profit!

The active team of investors do ALL the work and carry ALL the responsibility associated with running the business, preserving capital, and multiplying the investment.

There are several models out there, and many operators get really creative, in regards to the way Equity is split. I’ve seen, for the most part, the operating team earning 20-30% of the Equity and giving 70-80% of the Equity (which includes cash flow, tax benefits, and profit) to the passive Equity Limited Partners (LPs). In my opinion - something simple, easy to digest, and understandable works best. Further, if the split is structured so that when one wins - we all win - it shows alignment and that’s always well received.

Additionally, there are fees rightfully earned by the team of operators. It takes a TON of work, time, and energy to find a true opportunity - not to mention - seeing it through the entire business plan. There’s a lot that goes along with the acquisition process – to name a few: vetting contractors, finding quality property managers, networking with commercial brokers, qualifying for the loan, relentlessly contacting sellers, underwriting deals, researching markets, due diligence, working with attorneys, building relationships and trust with Equity partners, etc…

Fees too, can vary in size and type but I’ve seen the following and would say they are pretty standard:

1) Acquisition fee 1-4% of the Purchase Price

2) Asset management fee 0.5-2% of the Total Net Income

3) Capital transaction fee 0.5-1% of the appraised value

NOTE: this ONLY occurs IF there’s a refinance and IF 100% of the initial investment is returned to the Equity LPs. If there’s NOT a refi then there’s NOT a capital transaction fee. If the refinance is able to return 100% of the initial capital invested (this is not taxed) then the Capital Transaction fee percentage is multiplied by the appraised value and awarded to the operating team.

So with all the variety what gives? What’s considered acceptable?

In working with Equity Investors I’ve been able to compile data, gather insights, and collect information regarding what they are looking for and willing to accept regarding fees.

Before we get into the “what” - let’s get clear on being transparent. Transparency of fees is important and should be shared openly. As you’ll see, if you are providing something of extreme value fees are going to be generally (happily) accepted.

Here are few insights and

Edified Equity Podcast Episode 25: Equity Investors, Fees, and Transparency of Fees in Multifamily (Apartment Community) Syndication

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 25: Equity Investors, Fees, and Transparency of Fees in Multifamily (Apartment Community) Syndication

I work directly, in confidence, with Equity Investors and Ultra-Affluent Families offering them a turnkey collaboration opportunity in Apartment Community Syndications.

This is an opportunity, and space, they know and believe in. The collaboration provides very unique tax benefits, pays them quarterly, and when we refinance or sell the asset it will pay them a profit!

The active team of investors do ALL the work and carry ALL the responsibility associated with running the business, preserving capital, and multiplying the investment.

There are several models out there, and many operators get really creative, in regards to the way Equity is split. I’ve seen, for the most part, the operating team earning 20-30% of the Equity and giving 70-80% of the Equity (which includes cash flow, tax benefits, and profit) to the passive Equity Limited Partners (LPs). In my opinion - something simple, easy to digest, and understandable works best. Further, if the split is structured so that when one wins - we all win - it shows alignment and that’s always well received.

Additionally, there are fees rightfully earned by the team of operators. It takes a TON of work, time, and energy to find a true opportunity - not to mention - seeing it through the entire business plan. There’s a lot that goes along with the acquisition process – to name a few: vetting contractors, finding quality property managers, networking with commercial brokers, qualifying for the loan, relentlessly contacting sellers, underwriting deals, researching markets, due diligence, working with attorneys, building relationships and trust with Equity partners, etc…

Fees too, can vary in size and type but I’ve seen the following and would say they are pretty standard:

1) Acquisition fee 1-4% of the Purchase Price

2) Asset management fee 0.5-2% of the Total Net Income

3) Capital transaction fee 0.5-1% of the appraised value

NOTE: this ONLY occurs IF there’s a refinance and IF 100% of the initial investment is returned to the Equity LPs. If there’s NOT a refi then there’s NOT a capital transaction fee. If the refinance is able to return 100% of the initial capital invested (this is not taxed) then the Capital Transaction fee percentage is multiplied by the appraised value and awarded to the operating team.

So with all the variety what gives? What’s considered acceptable?

In working with Equity Investors I’ve been able to compile data, gather insights, and collect information regarding what they are looking for and willing to accept regarding fees.

Before we get into the “what” - let’s get clear on being transparent. Transparency of fees is important and should be shared openly. As you’ll see, if you are providing something of extreme value fees are going to be generally (happily) accepted.

Here are few insights and comm

Edified Equity Podcast Episode 24: A Decade of Renters, Who, Concerns, The Demand, and Where it’s at!

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 24: A Decade of Renters, Who, Concerns, The Demand, and Where it’s at!

We’ve seen a decade of fortune in the multifamily space.

Renting has become preferential for both millennials and baby boomers. Many have no plans to buy a home in the near future. According to USA Today and Mortgage Professional America, homeownership by those under 36 years old fell from 43.6% to 35.9% in the past decade.

There certainly are concerns revolving around the potential overdevelopment, particularly, in the luxury apartment space. Simultaneously, we see an insufficiency in safe affordable workforce housing. Therefore, we continue to see rent growth in areas with a combination of affordability and proximity to work, retail, and recreation.

The lack of affordable shelter is creating a gap in the rental supply and demand ratio. B and C class, safe affordable, workforce housing continues to offer opportunity for equity investors, syndicators/operators, fills a demand & basic human need, creates the biggest impact, will continue to be desirable, and appreciate rent growth.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#multifamilyinvestments #impactinvesting #trust #costsegregation #apartments

#syndications #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA

Edified Equity Podcast Episode 23: More Multifamily in Today’s “Uncertain” Market? Really!?!?

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 23: More Multifamily in Today’s “Uncertain” Market? Really!?!?

As an active multifamily syndicator I look to connect with people who have ample experience and seek their knowledge. I believe you should always be learning and growing. I recently found myself in front of a gentleman who has 30 years and 30,000 doors of experience in the commercial and multifamily space. Here’s what he had to say when questioned about purchasing multifamily assets in today’s “uncertain” market.

Now before I give you the goods I must set the stage…

With all his knowledge and wisdom some were undoubtedly expecting him to express his fear and “proceed with caution” type response. Nonetheless, he swung - for a 1st round KO, stood his ground, and connected right between the eyes. An honors graduate of Yale and a graduate of Harvard’s Business and Law school he was able to eloquently articulate his point and defended his choice of asset class, B & C workforce housing. He did this by saying he disagreed with the “uncertain” market comment and, with certainty, shared his experience during the great recession.

He explained that his net operating income (NOI) dropped 2% from 2007-2008 and he experienced another 1% drop from 2008-2009; since then, it has steadily risen and hasn’t stopped. He noted, if you buy in the right market, finance properly, don’t overleverage, and manage well – B& C class workforce housing is going to weather the storm. He proved, if done correctly, this is can be a recession proof asset class.

As for today he noted that it’s not a secret, homeownership is at an all-time low and renting is popular. He went on to explain that it’s not only the millennials that are behind the popularity of our renters’ nation - it’s the baby boomers too. Experiences are important to these generations and they prefer the renter lifestyle and amenities (pool, health club, parks, dog parks, etc…) apartment communities have to offer.

The key to keeping up with the Jones’s, in regards to market rent, is to give your tenants with a sense of belonging and community. Management can arrange for summertime barbeques, take your pooch to the pool days, organized playdates for preschoolers, afterschool tutoring in the clubhouse, etc… Giving them a sense of community and making an impact makes signing lease renewals easy, even when you are increasing with the market.

He urged the multifamily investors to be disciplined on price, asset class, and location but assured them if you invest for cash flow - with the right management, impact, and financing it’s a great market and choice of asset class.

Whether you are an active multifamily syndicator or a passive equity partner looking for a place to make your money sweat for you - I hope this information was refreshing, insightful, and helpful.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a probl

Edified Equity Podcast Episode 24: A Decade of Renters, Who, Concerns, The Demand, and Where it’s at!

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 24: A Decade of Renters, Who, Concerns, The Demand, and Where it’s at!

We’ve seen a decade of fortune in the multifamily space.

Renting has become preferential for both millennials and baby boomers. Many have no plans to buy a home in the near future. According to USA Today and Mortgage Professional America, homeownership by those under 36 years old fell from 43.6% to 35.9% in the past decade.

There certainly are concerns revolving around the potential overdevelopment, particularly, in the luxury apartment space. Simultaneously, we see an insufficiency in safe affordable workforce housing. Therefore, we continue to see rent growth in areas with a combination of affordability and proximity to work, retail, and recreation.

The lack of affordable shelter is creating a gap in the rental supply and demand ratio. B and C class, safe affordable, workforce housing continues to offer opportunity for equity investors, syndicators/operators, fills a demand & basic human need, creates the biggest impact, will continue to be desirable, and appreciate rent growth.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#multifamilyinvestments #impactinvesting #trust #costsegregation #apartments

#syndications #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA

Edified Equity Podcast Episode 23: More Multifamily in Today’s “Uncertain” Market? Really!?!?

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 23: More Multifamily in Today’s “Uncertain” Market? Really!?!?

As an active multifamily syndicator I look to connect with people who have ample experience and seek their knowledge. I believe you should always be learning and growing. I recently found myself in front of a gentleman who has 30 years and 30,000 doors of experience in the commercial and multifamily space. Here’s what he had to say when questioned about purchasing multifamily assets in today’s “uncertain” market.

Now before I give you the goods I must set the stage…

With all his knowledge and wisdom some were undoubtedly expecting him to express his fear and “proceed with caution” type response. Nonetheless, he swung - for a 1st round KO, stood his ground, and connected right between the eyes. An honors graduate of Yale and a graduate of Harvard’s Business and Law school he was able to eloquently articulate his point and defended his choice of asset class, B & C workforce housing. He did this by saying he disagreed with the “uncertain” market comment and, with certainty, shared his experience during the great recession.

He explained that his net operating income (NOI) dropped 2% from 2007-2008 and he experienced another 1% drop from 2008-2009; since then, it has steadily risen and hasn’t stopped. He noted, if you buy in the right market, finance properly, don’t overleverage, and manage well – B& C class workforce housing is going to weather the storm. He proved, if done correctly, this is can be a recession proof asset class.

As for today he noted that it’s not a secret, homeownership is at an all-time low and renting is popular. He went on to explain that it’s not only the millennials that are behind the popularity of our renters’ nation - it’s the baby boomers too. Experiences are important to these generations and they prefer the renter lifestyle and amenities (pool, health club, parks, dog parks, etc…) apartment communities have to offer.

The key to keeping up with the Jones’s, in regards to market rent, is to give your tenants with a sense of belonging and community. Management can arrange for summertime barbeques, take your pooch to the pool days, organized playdates for preschoolers, afterschool tutoring in the clubhouse, etc… Giving them a sense of community and making an impact makes signing lease renewals easy, even when you are increasing with the market.

He urged the multifamily investors to be disciplined on price, asset class, and location but assured them if you invest for cash flow - with the right management, impact, and financing it’s a great market and choice of asset class.

Whether you are an active multifamily syndicator or a passive equity partner looking for a place to make your money sweat for you - I hope this information was refreshing, insightful, and helpful.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem f

Edified Equity Podcast Episode 22: Speed of Implementation, Crushing Comfort, and Parkinson’s Law to Get it all Done!!

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pocket. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 22: Speed of Implementation, Crushing Comfort, and Parkinson’s Law to Get it all Done!!

In today’s Episode I discuss the Significance of The Speed of Implementation, Crushing Comfort Zones to Create Success, and Parkinson’s Law to Get it all Done!!

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#multifamilyinvestments #impactinvesting #trust #costsegregation #apartments

#syndications #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice

Edified Equity Podcast Episode 22: Speed of Implementation, Crushing Comfort, and Parkinson’s Law to Get it all Done!!

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pocket. All associated links will be in the show notes.

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 22: Speed of Implementation, Crushing Comfort, and Parkinson’s Law to Get it all Done!!

In today’s Episode I discuss the Significance of The Speed of Implementation, Crushing Comfort Zones to Create Success, and Parkinson’s Law to Get it all Done!!

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#multifamilyinvestments #impactinvesting #trust #costsegregation #apartments

#syndications #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice