The dream of being a passive investor is turning into a bit of a nightmare for some people who invested in commercial real estate. They are getting bitten by higher interest rates, slow rent growth, and dramatically higher costs for rate caps and insurance. A 229-unit apartment complex recently foreclosed in Houston, making headlines across the country and leaving hundreds of investors at a total loss. How can investors be more prepared moving forward? In this episode, you'll hear from Whitney Elkins-Hutten on the eight deal breakers that limited partners should be looking for when they work with an operator or for any kind of real estate deal. Whitney is the Director of Investor Education at PassiveInvesting.com and a partner in $800+ MIllion in real estate. Her investments include over 6500+ units in residential housing (single-family, multi-family, manufactured housing, and assisted living), seven express car washes, and more than 2200+ self-storage units across 11 states. She also has experience flipping more than $5 Million in residential real estate. The content of this interview is why I love my single family rental fund. We are raising cash, buying with cash, renovating with cash, increasing values, and refinancing if we get a really good rate with a fixed term. All in an area experiencing job and population growth with high demand for housing. You can find out more at GrowDevelopments.com. Be sure to join RealWealth for full access to our educational material and our investment opportunities. We also encourage all listeners to subscribe to this podcast, and leave one of those sparkly five-star reviews! Thanks for joining me here on the Real Wealth Show! Kathy Fettke

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related