E461 - Sourcing Multifamily Deals in this Low Cap Rate Environment

<p><span style="font-weight: 400;">I’ll share every strategy I know for sourcing off-market deals, but first, I want to tell you something…</span></p> <p><span style="font-weight: 400;">At the end of the day, the buyer willing to pay the highest price typically will win the deal. </span></p> <p><span style="font-weight: 400;">The key to closing more deals in this current interest rate environment is not to spend countless hours on the phones with brokers, but rather to be more creative in your underwriting. </span></p> <p><span style="font-weight: 400;">If you want to start winning more deals, my best piece of advice would be to look beyond the typical ways of adding value to a property and start figuring out how to boost revenue, cut expenses, and improve the tenant’s experience, in new ways.</span></p> <p><span style="font-weight: 400;">Look no further than today’s episode for a few revolutionary ways to do this!</span></p> <p><a href= "https://asymcapital.com/podcast-post/e461-sourcing-multifamily-deals-in-this-low-cap-rate-environment/"> <span style="font-weight: 400;"><<<Click Here>>></span></a></p> <p><span style="font-weight: 400;">Scott Pickett is the President of Multifamily at Post Investment Group which has acquired 40,000 units since being formed in 2007. Scott shows us how his vertically-integrated firm has consistently produced deal flow from the bottom to the top of the market. </span></p> <p><span style="font-weight: 400;">Andrew Westling is the Director of Capital Markets of Walker & Dunlop in LA, which is the largest provider of capital to the US multifamily market and the third-largest multifamily investment sales firm. Andrew has extensive experience in the debt markets and provides much-needed clarity on the state of the lending environment. </span></p> <p><span style="font-weight: 400;">Matthew Owens is the owner of OCG Properties and earned his CPA license while performing audit and taxation engagements on large real estate firms. He has raised over $75M in private investor capital and flip