711: Is This the BIGGEST Multifamily Opportunity in 10 Years?

<p><a href="https://www.biggerpockets.com/guides/buying-multifamily" rel="noopener noreferrer" target="_blank"><strong>Multifamily real estate investing</strong></a> was almost impossible to break into over the past few years. Even those that had been in the field for decades were finding it <strong>challenging to get offers accepted</strong> or deals underwritten. Investors were throwing in almost unbelievable amounts of non-refundable earnest money, going well over asking price and analyzing deals at lightning speed, which often led to mistakes, not more money. <strong>But the tables have turned</strong>, and now, thanks to <strong>high interest rates</strong>, <strong>the buyer is in the driving seat</strong>.</p><p>And how could it be a multifamily episode without <strong>Andrew Cushman</strong> and <strong>Matt Faircloth</strong>? These two expert multifamily investors have been<strong> buying apartments for decades</strong> and helping others do the same! In this episode, Andrew and Matt break down <strong>what has gone on in the multifamily markets</strong>, why <a href="https://www.biggerpockets.com/blog/cap-rate-real-estate" rel="noopener noreferrer" target="_blank"><strong>cap rates</strong></a> haven’t kept pace with interest rates, and what buyers can do now that <strong>sellers have lost most of their bargaining power</strong>. You’ll also get to hear their <strong>multifamily predictions for 2023</strong>, how far they expect <strong>prices to fall</strong>, and what you can do to start or scale your multifamily investing this year!</p><p>Then, Andrew and Matt take questions from the BiggerPockets forums and live Q&amp;As with new multifamily investors. These topics range from <strong>property classes explained</strong> to <a href="https://store.biggerpockets.com/products/raising-private-capital" rel="noopener noreferrer" target="_blank"><strong>raising private capital</strong></a> from investors (who aren’t your mom) and <strong>the risks and rewards of investing in smaller markets</strong