While most people are waiting for interest rates to drop...

New supply is silently crushing rents and leading to concessions that many investors didn't underwrite for.

Today I interviewed Gino Barbaro, co-founder of Jake and Gino, who shared a warning from an appraiser in Atlanta...

He revealed that many multifamily assets aren't trading…

…and when they do start trading, they could face an additional 15-20% markdown.

Gino has acquired over $350 million in multifamily real estate and built a portfolio of 1,800+ units.

In today's episode, he breaks down:

• Why he's focusing on newer properties (2018-2019 vintage) instead of value-add deals

• How to structure deals with community banks to minimize prepayment penalties

• Why cap rates for 1970s assets should be at least 8% in today's market

• The dangers of buying on bridge debt when your business plan takes longer than expected

• How his team is preparing for the refinance boom when rates eventually drop

Plus, Gino explains why he believes we'll see a housing shortage by 2026-2027...

If you want to understand why "no deal is better than a bad deal" in today's environment...

Tune in to the episode now!

Take Control,

Hunter Thompson

Resources mentioned in the episode:

1. Gino Barbaro

Website

Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser’s Edge.

Learn more here: https://raisingcapital.com/cre