Insider Secrets with Neal Bawa - Mike Morawski

<p class="MsoNormal" style= "margin-bottom: .0001pt; line-height: normal; background: white;"> <strong><span style= "font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: #172439;"> Key Takeaways</span></strong></p> <p class="MsoNormal" style= "margin-bottom: .0001pt; line-height: normal; background: white;"> <span style= "font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: #172439;"> 80% of all profit being generated in real estate in the last 10 years is simply tied to things that have nothing to do with properties and even nothing to do with markets.</span></p> <p class="MsoNormal" style= "margin-bottom: .0001pt; line-height: normal; background: white;"> <span style= "font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: #172439;"> The best days of multifamily are behind us. I don't have any data that suggests that the best days of multi-family are ahead of us.</span></p> <p class="MsoNormal" style= "margin-bottom: .0001pt; line-height: normal; background: white;"> <span style= "font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: #172439;"> By speaking relatively, I think multifamily's still up there, but it's best days are unquestionably behind it.</span></p> <p class="MsoNormal" style= "margin-bottom: .0001pt; line-height: normal; background: white;"> <span style= "font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: #172439;"> I believe that going forward, multi-family is likely to track with inflation.</span></p> <p class="MsoNormal" style= "margin-bottom: .0001pt; line-height: normal; background: white;"> <span style= "font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: #172439;"> Inflation is simply a tax on savers. Inflation is a deliberately designed mechanism designed by the banking system to dilute the va