Just one of the many hiccups that can occur when a buyer doesn't work with an experienced multifamily broker that understands the potential pitfalls, how to avoid them, and most importantly, what a good deal looks like.Happy to chat further if you have questions Kyle!

We'll see what occurs this coming year and how it will affect real estate.

Learning from this data, negative MoM real estate private investment occurred for FOUR QUARTERS dating from Q3 2008 , it's all negative until Q4 2009.In this 2022/2023 downturn cycle, we started the negative performance on CRE on the 4th quarter, so if cycle repeats the same, at very least we have to wait for another two quarter data to see the improvement if any.Learning from 2008 experience, the CRE is stabilizing only *after* Fed reduced the FFR, I dont think it's a coincidence that bond market started expecting Fed to decrease rate by April 2024 next year.

its a lot of work and cash and carry.. no harm feeling it out and seeing if it will work for you.I have been buying courthouse steps since the late 70s.. it goes in spurts for us.

These investors never experience meaningful appreciation, achieve inconsistent cash flow & loans are slowly paid down with most moving on from the asset before any meaningful debt paydown occurs.2.

These examples occur in the same city or surrounding metros.

The latest that I am aware of occurred this past Monday, Rancho Palos Verdes

I want to slow my life down a bit and enjoy the fruits of my labors (I had cancer a few years ago and I acknowledge my time to enjoy life is finite).It occurred to me that I should just cash-out refinance my properties that are fully stabilized and that have significant equity, but that can also easily support the new debt incurred. 

Nobody ever asked that question nor did that occur to me. 

This tends to occur when the appraiser is unfamiliar with the area, and the area has had a recent rapid increase in property value.