Apr 17, 2020
Finding the best places for real estate and multifamily investing has always been at the core of Target Market Insights. While the market research focuses on key variables such as population growth, job growth and other factors, the coronavirus (COVID-19) will leave an undeniable impact and alter the future of these markets. To gain a glimpse into which markets will thrive in a post-COVID-19 world, we tapped Neal Bawa, The Mad Scientist of Multifamily.
Neal is a data guru, process freak and outsourcing expert. He views his $250MM multifamily portfolio as an ongoing experiment in efficiency and optimization. Neal was a guest back on Episode 99, where he discussed the Top Multifamily Markets, so it was appropriate to tap Neal to share how the coronavirus will impact his view going forward. In this episode, we talk about the key criteria he uses to identify markets, how COVID-19 may impact top markets, which markets and submarkets he expects to thrive and tips to navigate current market dynamics.
Key Insights
Partner: Download a Free Sample Apartment Deal Package
Bullseye Tips:
Resources:
Target Market Insights - Episode 99: Top Multifamily Markets in the US with Neal Bawa
Apparent Failure:
Never buy based on future growth only on past growth.
Digital/Mobile Resource:
Udemy.com
Most Recommended Book:
The Miracle Morning
Daily Habit:
Up at 5:00 am until 6:30 am doing The Miracle Morning
Wish I Knew When I Was Starting Out:
Not to shovel BS and give it to people straight, they can take it.
What I Wish Knew 12 Months Ago
COVID-19
Current Curiosity:
How the US will fare in the next 2 months
Best Place to Grab a Bite in San Francisco
Port of Perri Perri
Contact Neal:
Multifamily U Resources (podcasts, webinars toolkit and more!)
Investment Projects / GroCapitus