Many multifamily projects face challenges, including rising interest rates, operational inefficiencies, and decreased valuations, which drive the growing need for alternative financing solutions.This environment presents a unique opportunity for mezzanine debt and preferred equity investors.

Back in the 90s when I was in college we were driving through Texas late at night.

As we have witnessed in the past, specifically the years of 2020-2022, when rates dropped, everyone jumps in to buy a house, which drives up competition, which in turn makes housing prices go WAY UP to the point that people OVERBID on properties.

Looking at what cities you can get direct flights or day drives will save time in going to view and check on properties.   

It was useful being there and driving the neighborhoods to get a feel for things. 

Can you help me understand what expenses would drive that number up?

I got a feeling that life as a Private-$ Investor may be a great place to start, and these properties lend a perfect means to testing that out, solving 2 issues in 1 action, because you can JV your way out of the operational side of things AND retain that long term financial upside. 

#2 Lake Naomi/Timber Trails - Pocono PinesNo other community on the list yet can compete with the ambiance and feel of a drive in Lake Naomi.

Recently, PM suddenly told me that this property needs "lead testing".My PM is not aware of this I already have 2-year lead certificate from the previous onwer AND assigned an inspector for lead inspection for me.

Asking if it's a "good" or "bad" time to buy is like JFK asking if this is a good day for a drive.