Episode 268: Multifamily Cycles: Why Money Is Harder Than Deals Today
Description
In this episode, I break down a truth that too many people miss: in multifamily, the hardest part isn’t finding deals—it’s raising capital.
I walk you through the cycles I’ve seen and learned about:
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Post-GFC (2009–2011): Deals everywhere, no capital.
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2020–2022: Capital everywhere, no deals.
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Today: Deals are discounted, but the money is tight.
We’ll cover why the game always shifts, why waiting for the “perfect” market is a trap, and how to think about capital preservation, cash flow, and growth in today’s climate.
If you’re an operator, it’s time to double down on relationships and strategic partnerships. If you’re an investor, it’s time to stop letting inflation eat your money and start deploying wisely with operators you trust.
This is about fundamentals, mindset, and playing the long game.
United States
