The softening of the Multifamily space

[Derrick Wallace]

The boom in rents may finally be over - Business Insider https://apple.news/AXD67uSxWSyKjZ742Jq2Hlw Interested in thoughts/comments from experienced syndicators. I am wanting to get in as a passive investor but very concerned that the timing is not right now.

[Mark Allen]

Hedge by being in one of the top 5 markets for job/population growth (away from tech industry I.e. Dallas, Atlanta, Phoenix, etc.), go to top sub-market in those markets, stay in class C/B- because people will always need a place to live, run sensitivity analysis on interest rates, caps, rent rates, etc. to make sure DSCR stays above 1.25 for refinance purposes and Return on Equity meets minimum requirements, and some may say keep hold periods to minimum (grab value and get out).

I'm sure there are posts about tech/start-up bubble, but it will be interesting to see how that plays out, and how a bust might affect national economy.

As always, keep diversified.