What’s your time really worth? Managing a rental property might be costing you far more in hours (and stress) than it’s earning you in returns.

In this episode of The Multifamily Investor Playbook, Mark Faris and John Makarewicz break down the hidden time tax of self-managing single-family rentals — and why it often leaves even high earners working for less than minimum wage. They contrast the 300+ hours spent over five years managing a single property with the near-passive experience of investing in large, professionally run multifamily communities.

What you’ll learn:

✔ The true time commitment of buying, underwriting, and managing a rental property

✔ Why tenant turnover, contractor delays, and “think time” eat into your real returns

✔ How to calculate the opportunity cost of your time at different income levels ($250K–$1M+)

✔ Why managing rentals is really a second job — not the same as building lasting wealth

✔ How passive multifamily investing delivers cash flow, appreciation, and tax benefits without the headaches

If you’re debating whether to self-manage rentals or invest passively with experienced operators, this episode gives you the numbers, stories, and framework to make a smarter decision about your time and your wealth.

Want to invest with us? Visit ⁠https://fulloutinvesting.com ⁠to explore our 10-step process and current offerings.

In this episode of The Multifamily Investor Playbook, John Makarewicz sits down with Pauline Houchins, Division President at Asset Living, who brings over 25 years of multifamily leadership experience with companies like First Communities and The Worthing Companies. Pauline currently oversees operations for Asset Living’s national portfolio, guiding teams with a solution-focused, resident-first approach.

You’ll hear:

✅ How hybrid centralization improves collections and cuts costs without losing on-site connection

✅ Why employee engagement post-COVID is the #1 driver of property performance

✅ The right way to use revenue management tools while keeping human judgment

✅ How the resident experience directly impacts NOI and returns

✅ Common owner mistakes to avoid in operations and decision-making

✅ How Asset Living’s “Asset Elite” platform delivers consistent, hospitality-driven service

This is a must-listen for investors and operators looking to understand how great property management directly impacts long-term performance.

👉 To learn more about Asset Living, visit: https://www.assetliving.com/

📩 Want to invest with us? Visit https://fulloutinvesting.com to explore our 10-step process and current offerings

In this episode of The Multifamily Investor Playbook, Mark Faris and John Makarewicz unpack the biggest mistakes operators make when entering new markets — and share the proven process they use at Faris Capital to scale safely and profitably. From Atlanta to Charleston, they reveal why market research must come before the deal and how the right team on the ground can give you a decisive edge.

What you’ll learn:

✔ Why skipping deep market research is the fastest way to crash in a new market

✔ How hyper-local factors like crime rates, rent control, and eviction laws impact returns

✔ Why boots-on-the-ground research beats “deal-first” underwriting every time

✔ The importance of conservative rent growth assumptions (and how CoStar data guides projections)

✔ How local partners — property managers, GCs, attorneys — make or break execution

✔ Why brokers often choose prepared buyers over higher offers

If you’re looking to expand into new markets — or want to avoid the costly mistakes that knock investors out of the game — this episode gives you the framework to protect downside and invest with confidence.

Want to invest with us? Visit fulloutinvesting.com to explore our 10-step process and current offerings.

In this episode of The Multifamily Investor Playbook, Mark Faris and John Makarewicz break down the five key factors they use to spot emerging markets before they boom. They share why the right market can turn an average deal into a winner — and how the wrong market can sink even the best property.

What you’ll learn:

✔Why job and population growth trends are the ultimate demand drivers

✔How income-to-rent ratios reveal true affordability and future rent potential

✔The importance of monitoring supply pipelines and absorption rates

✔Why landlord-friendly laws can make or break investor returns

✔How historical resilience separates strong markets from risky ones

✔Why secondary and tertiary markets like Charleston or Newnan can sometimes outperform the big cities

If you’ve ever wondered how to choose the right market—and avoid being stuck with a deal in the wrong location—this episode lays out the framework to invest with confidence.

📩 Want to invest with us? Visit fulloutinvesting.com to explore our 10-step process and current offerings.

What if the market crashes in the middle of your real estate deal? In this episode, Mark Faris and John Makarewicz break down the five core strategies they use to protect investor capital and keep deals resilient — even during downturns, interest rate spikes, or negative headlines.

Drawing on lessons from the 2008 crash, the pandemic, and recent market shifts, they share:

- Why multifamily performs differently than other real estate in recession

- The “golden rules” that guide every acquisition

- How fixed-rate debt, cash reserves, and conservative underwriting reduce risk

- The importance of buying cash-flowing assets from day one

- How forced appreciation and flexible exit timelines build long-term resilience

Whether you’re a seasoned investor or just starting, this episode will help you understand how to structure deals to weather market storms.

📩 Want to invest with us? Visit https://fulloutinvesting.com to explore our 10-step process and current offerings.

In this episode of The Multifamily Investor Playbook, John Makarewicz talks with Dugan Kelley, co-founder of Kelly Clark, PC.

Dugan is the chair of the firm’s Securities and Real Estate Practice Group. With over 20 years of experience and $2 Billion+ in deals, he explains why securities attorneys are so important in real estate syndications—and what passive investors should know before sending money into a deal.

• Why every real estate syndication is a securities transaction — and what that means for operators and investors.
• How securities attorneys safeguard deals and protect investors.
• What passive investors should look for in offering documents before wiring funds.
• Why clear communication is the most powerful tool for building investor trust (and why “hope is not a strategy”).
• Lessons learned from past market cycles and the risks of floating-rate debt.
• How the “Big, Beautiful Bill” brings back bonus depreciation through 2032 — a huge win for CRE investors.

👉 To learn more about Kelly Clark Law, PC, visit: https://kelleyclarkelaw.com/

🔔 Subscribe for more episodes from the Multifamily Investor Playbook.

📩 Want to invest with us? Visit https://fulloutinvesting.com to explore current offerings and download a sample deal.

In this episode of The Multifamily Investor Playbook, Mark Faris and John Makarewicz break down how they forecast rent growth — and why getting it wrong can sink investor returns. They share the data sources, due diligence steps, and on-the-ground research they use to create realistic projections that protect investor capital.

What you’ll learn:

✔ Why aggressive rent growth projections can make deals look better than they are

✔ The exact data sources they trust (and which ones they don’t)

✔ How in-person rent comp tours uncover the truth behind the numbers

✔ The importance of affordability ratios in setting realistic rents

✔ How conservative projections build investor trust and long-term results

📩 Want to invest with us? Visit https://fulloutinvesting.com to explore our 10-step process and current offerings

Disclaimer: The views expressed in this podcast are solely those of the host and guests. They do not constitute financial, investment, or legal advice. All investments carry risk, including the possible loss of principal. Listeners should conduct their own research and consult qualified professionals before making any investment decisions. Past performance is not indicative of future results.

Building from the ground up sounds exciting — but it often means higher risk, unpredictable costs, and years with no cash flow.

In this episode, Mark Faris and John Makarewicz break down the five key reasons why they avoid new construction and instead focus on stabilized, value-add multifamily properties that cash flow from day one.

You’ll learn:

- Why new construction projects can tie up capital for years with no returns

- The hidden risks of rising material costs, labor shortages, and regulatory delays

- How market timing and interest rates can derail development deals

- The tax advantages of buying existing assets

- How value-add properties offer both cash flow and appreciation while minimizing risk

🔔 Subscribe for more episodes from the Multifamily Investor Playbook

📩 Want to invest with us? Visit https://fulloutinvesting.com to explore our 10-step process and current offerings.

In this episode of The Multifamily Investor Playbook, Mark Faris and John Makarewicz break down why our multifamily real estate investments follow a three-to-five-year hold period — and how that timeline is a competitive advantage.

They walk through the year-by-year strategy, from stabilizing and renovating properties in the early stages to harvesting cash flow, unlocking value, and timing the optimal exit. You’ll learn how this approach maximizes returns, mitigates risk, and avoids the short-term market noise that can derail results. Whether you’re a busy professional or an experienced investor, discover how patient, disciplined investing can deliver strong, predictable outcomes — and why multifamily real estate is one of the most resilient wealth-building strategies available today.

📩 Want to invest with us? Visit https://fulloutinvesting.com to explore our 10-step process and current offerings.

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Disclaimer: The views expressed in this podcast are solely those of the host and guests. They do not constitute financial, investment, or legal advice. All investments carry risk, including the possible loss of principal. Listeners should conduct their own research and consult qualified professionals before making any investment decisions. Past performance is not indicative of future results.

In this episode of the Multifamily Investor Playbook, John Makarewicz sits down with Micah Mattox, Managing Partner of the Multifamily Practice at Realprotect, to break down the insurance strategies every multifamily owner and operator needs to know in today’s market.

They cover:

✅The top insurance challenges for multifamily owners in 2025

✅Why liability coverage is the current “hot topic” and how lender requirements are shaping policies

✅Common mistakes operators make that can lead to costly claims

✅The growing importance of flood insurance — even for properties outside official flood zones

✅Practical ways to manage premiums without sacrificing coverage

✅How to position yourself for smooth claims handling and faster payouts

✅Market trends in property and liability insurance, and what to expect in the next few years

👉 To learn more about Realprotect, visit: www.realprotect.com/

Want to invest with us? Visit https://fulloutinvesting.com to explore current offerings and download a sample deal.