Another point on the rent vs own analysis is the quality of unit you can rent vs what you can buy. Many homes were built in 1970 or earlier. Whereas, these new class A apartment deliveries offering 8 weeks rent free are hard to pass on.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
Almost all incoming supply is A class though. Still super low supply on workforce/affordable housing and the demand is only increasing. That's where you wanna be, especially with govt incentives.
Hey Justin, I wanted to reach out and say thank you. I have been a big fan for the past couple years and your videos have been a huge help as I have been looking to transition into investment sales. With that being said, I have my second interview with JLL as a production support analyst for their new multifamily team in Phoenix. It is a brand new team that JLL has brought on as they do not currently have a MF presence (they were studs at previous firm) but I am nervous that this could be a risk move. I have my 3rd interview with Marcus & Millichap IPA division for their Industrial/Office team. They are well established and crush it year after year. Do you have an opinion on what you think would be a better opportunity or any ideas on how I should decide? They are both great opportunities imo with the same pay structure😅
@justin - I always appreciate your insights and expertise within the CRE space! Your YT channel and online learning platform simplifies a very complex industry!
Up here in the northeast, where there is no avoiding podium style builds, construction prices have resulted in virtually no starts and an extreme lack of supply. Sponsors that can find a creative way to stack a deal in order for it to truly pencil will find success.
The politicians/everyday person been talking about not enough supply as reason for everyday people suffering as rents increases/homelessness, but in CRE we get freaked out when supply increases above demand & rents decrease. Seems like a flawed system.
NYC is in a doom loop as it pertains to this market segment. Local politicians are driving the decline. The outlook is not good. Until NYC has a major change politically we are screwed.
What other product types would you like to see covered in more detail in a future video?
Goodbye sunbelt area~! Pain ahead
Another point on the rent vs own analysis is the quality of unit you can rent vs what you can buy. Many homes were built in 1970 or earlier. Whereas, these new class A apartment deliveries offering 8 weeks rent free are hard to pass on.
Excellent point - thanks for adding this!
No problem. Appreciate the work you do@@BreakIntoCRE
I would love to see a senior housing video! Thank you for this video as always, Justin.
Thanks for a great update. Curious does break into cre cover manufactured housing?
Unfortunately, we don't currently have any courses on manufactured housing. Glad you found the video helpful!
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
Any specific guide. I'm from Georgia how do I go about this? I think I'm interested how can I get in touch with Mr Brian Nelson
Hi I just want to know if I do the cre course can I apply this to the Australian market to invest?
Almost all incoming supply is A class though. Still super low supply on workforce/affordable housing and the demand is only increasing. That's where you wanna be, especially with govt incentives.
Love these updates, great summary
Glad the video was helpful!
Hey Justin, I wanted to reach out and say thank you. I have been a big fan for the past couple years and your videos have been a huge help as I have been looking to transition into investment sales.
With that being said, I have my second interview with JLL as a production support analyst for their new multifamily team in Phoenix. It is a brand new team that JLL has brought on as they do not currently have a MF presence (they were studs at previous firm) but I am nervous that this could be a risk move.
I have my 3rd interview with Marcus & Millichap IPA division for their Industrial/Office team. They are well established and crush it year after year.
Do you have an opinion on what you think would be a better opportunity or any ideas on how I should decide? They are both great opportunities imo with the same pay structure😅
Our family office was doing $1.4B in deals per year in 2018 we are at $0 this year so far...
@justin - I always appreciate your insights and expertise within the CRE space! Your YT channel and online learning platform simplifies a very complex industry!
Up here in the northeast, where there is no avoiding podium style builds, construction prices have resulted in virtually no starts and an extreme lack of supply. Sponsors that can find a creative way to stack a deal in order for it to truly pencil will find success.
Phase Three in full swing, phase four soon.
Good info today
Glad you found it helpful!
The politicians/everyday person been talking about not enough supply as reason for everyday people suffering as rents increases/homelessness, but in CRE we get freaked out when supply increases above demand & rents decrease. Seems like a flawed system.
Soon a good buy opportunity will show its face in some spots
NYC is in a doom loop as it pertains to this market segment. Local politicians are driving the decline. The outlook is not good. Until NYC has a major change politically we are screwed.