Here are some power takeaways from today’s conversation:
2:11 His real estate journey
6:27 Investing in one market
8:07 Multifamily financing today
15:00 Should you refi in 2024?
17:31 How interest rates will affect the rate caps
21:05 Deal advice for LPs
27:38 Tax implications of early sale on LPs' depreciation
29:01 Q&A: preferred equity?
33:36 Q&A: distressed sellers in 2024
35:16 Will lenders be in trouble in 2024?
40:25 Outlook for LPs with recent floating rate debt investments
43:08 Will new apartments accelerate distressed deals in 2024?
44:52 Strategies to protect yourself against decreased cashflow in a market when you depend on it for income
48:20 Q&A: what he would have done differently in insight with distressed deals
52:22 Podcast recommendation
53:49 Contact James
54:35 Thanks for watching
This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.
Resources Mentioned:
LinkedIn
https://www.linkedin.com/in/jameseng
YouTube
https://www.youtube.com/channel/UC4NRATcTMmkodJ_CEP9MRWQ
Podcast Recommendations:
The Woj Pod: https://podcasts.apple.com/us/podcast/nuggets-coach-michael-malone/id1470466331?i=1000600562916
The Rebel Capitalist Show: https://podcasts.apple.com/mt/podcast/the-rebel-capitalist-show/id1492584441
Ken McElroy Real Estate Strategies: https://podcasts.apple.com/us/podcast/ken-mcelroy-real-estate-strategies/id1465180254
Advertising Partners:
Left Field Investors:
https://www.leftfieldinvestors.com/
Rust Belt Capital
https://rustbeltcapital.com/
Left Field Investors - BEC
https://www.leftfieldinvestors.com/bec/
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/
Circuit City
invest.circuitcity.com