661: How to “Start from Zero” in Today’s Multifamily Market w/Andrew Cushman and Matt Faircloth

<p>The<strong> multifamily real estate market </strong>seemed almost impenetrable over the past two years. Unless you had millions in dry powder, ready to overpay for a huge apartment complex, there was a low chance you’d be making any money in the multifamily industry. This gave the big buyers an unfair advantage, while<strong> smaller investors struggled</strong> to put almost anything under contract. <strong>The tables have started to turn</strong> as interest rates rise, repricing becomes the norm, and multifamily buyers start fleeing the closing table.</p><p><strong>It’s now your time to shine, small-scale investors</strong>. As large buyers begin to fear a <a href="https://www.biggerpockets.com/blog/is-the-housing-market-about-to-collapse" rel="noopener noreferrer" target="_blank"><strong>housing market crash</strong></a>, you can swoop up the spoils that could benefit you for years to come. But, before you do so, you’ll need to understand <strong>how </strong>exactly <a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-532" rel="noopener noreferrer" target="_blank"><strong>multifamily investing</strong></a><strong> works</strong>. Back again on the show are <strong>Andrew Cushman</strong> and <strong>Matt Faircloth</strong>, two multifamily masters in their own rights.</p><p>They’ve become real estate veterans after <strong>over a decade worth of investing experience</strong>. Now, they’re here to share some <strong>beginner steps</strong> and tips on <strong>how you can get into the world of multifamily real estate</strong>, regardless of your experience, knowledge, or bank account size. These steps are simplistic at a high level, but doing them correctly could help you beat out the competition for years to come. The only question is, are you ready to start?</p><p><strong>In This Episode We Cover:</strong></p><p>Why today’s<strong> “fearful” multifamily market </strong>is a great<strong> opportunity for new investors&nbsp;</strong></p><p>Evaluating your goals, skillset, and advantage