MB 250: The Best of 2020 on Apartment Building Investing

<p>We’ve always said that multifamily is recession-proof, and 2020 gave us a chance to prove it. While the stock market and other asset classes suffered in the pandemic, apartment buildings continue to provide steady cashflow and a safe place to keep our money growing for the long term. So, what can syndicators do to get this message to more people and build a successful real estate investing business?</p> <p>On this episode, I’m sharing the Best of 2020 on the Apartment Building Investing Podcast, beginning with last year’s biggest news—the Coronavirus pandemic. We revisit Drew Kniffin’s thoughts on the risk COVID poses for passive investors, Drew Whitson’s take on why multifamily is still the strongest asset class in real estate, and Russell Gray’s insight on how to protect your wealth in a crisis.</p> <p>We look back at my conversations with Pat Flynn and Amy Porterfield on marketing to investors online and my interview with Gino Wickman around what it takes to be a successful entrepreneur. Listen in for master deal maker Garrett Lynch’s insight on choosing the right market and get inspired by BiggerPockets VP Brandon Turner’s approach to achieving BIG things with tiny action.</p> <h3>Key Takeaways</h3> <p>How COVID is likely to impact passive investors in multifamily</p> <ul> <li>Unless already run poorly, virus won’t bankrupt property</li> <li>Much better option than stock market (30% paper loss)</li> </ul> <p>Why multifamily is still the strongest asset class in real estate</p> <ul> <li>Performs well through economic disruption</li> <li>Office buildings, retail and medical suffered in COVID</li> </ul> <p>What makes real estate a solid investment (even in a crisis)</p> <ul> <li>Fits criteria of being both REAL and ESSENTIAL</li> <li>Governments support housing, energy and healthcare</li> </ul> <p>What to look for in a multifamily real estate market</p> <ul> <li>Resources available to operate and steady dealflow</li> <li>Population, job and overall economic growth</li> </ul> <p>Who should consider building a