Multifamily Investing Secrets REVEALED: Real Estate Entrepreneur Podcast

Описание: Real Estate Pro Unveils his Multifamily Investing Secrets: In this must-watch Real Estate Entrepreneur Podcast episode, we sit down with Daniel Lichtman, a master of multifamily investments who's expertly navigated the market to amass over $150 million in assets. Starting with small-scale ventures, Daniel has now evolved into a powerhouse in apartment investing, offering insights into the dynamic world of multifamily property investing. Welcome Daniel, to The Gould Mine...

Chapters:
00:00:00 - Introduction and Distressed Property Acquisitions
00:01:52 - Getting into Real Estate
00:03:46 - Transitioning to Multi-Family Properties
00:05:46 - Distressed Sellers and Distressed Assets
00:07:42 - Working with Borrowers in Financial Distress
00:09:28 - Assumptions and Opportunities in Loan Assumption
00:11:16 - Advantages and Challenges of Multifamily Properties
00:13:05 - Assessing Capex Needs in Multifamily Deals
00:15:10 - Active vs Passive Real Estate Investment
00:17:05 - The Reality of Real Estate Investing
00:18:58 - Going all in on real estate investing
00:20:52 - Criteria for Investment Properties
00:22:47 - Lowering Expenses in Property Management
00:24:39 - Market Competition and Rent Growth
00:26:33 - The Current Real Estate Market
00:28:25 - Embracing the Sabbath
00:30:24 - Connecting on LinkedIn

Follow Daniel Lichtman:
Daniel's LinkedIn: https://bit.ly/3RzWmwy

Follow me:
Linkedin: https://bit.ly/3L2sTc7
Instagram: https://bit.ly/3soYxtW

In this episode of "The Gould Mine," Daniel Lichtman, a multifamily investor managing over $150 million in assets, delves into his journey from sales to real estate, particularly in distressed assets. He highlights the advantages of multifamily investing, navigating current interest rates, and transitioning from single family properties to larger multifamily projects. Daniel shares insights on working with distressed sellers in the hotel industry, the importance of understanding capital expenditure, and the flexibility and reduced risk offered by multifamily properties compared to single family homes.

He also discusses the challenges of property management, the potential for passive income in multifamily investments, and the need for strategic renovations to enhance property value. Daniel advises on the fluctuating demands in the multifamily sector and the less competitive nature of the commercial market due to interest rates. Wrapping up, he emphasizes the importance of work-life balance and invites listeners to connect with him on LinkedIn for more insights. This episode provides valuable knowledge for anyone looking to succeed in multifamily real estate investing.