Every successful multifamily and commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/protege-program
I think now and 2024 is the best time to invest, learn new skills, and how to create multiple streams of income. When covid hit, people were stuck because one stream of income for most people got wiped out. The 2023 WGA and SAG strikes in the entertainment industry left creative professionals stuck. For me, trading, investing, and real estate are great fields to be in. I know people who buy the latest iPhone and Nikes, but won't buy stock in it. The shoes and phones depreciate in value as soon as you use and wear them. With real estate, I think owning land is also a great way to go because the more e-commerce industry grows, the more warehouses and space will be needed. Too, I believe American corporations will start manufacturing products more here in the U.S., and less in China. The pandemic was a huge eye opener regarding this.
I can't wait to get started on my journey with multi-family, and I'm glad I'm choosing CPA to help me with building generational wealth and giving me the knowledge of being a great investor!
I agree if you have the right mindset you would know this is the right time to take advantage of off market deals. I enjoyed this video. I agree that 2024 is the year of opportunity.
I think prices are still too high on multifamily because the cap rate are averaging 6% and property taxes go up after buying so we won't even get a 6 cap rate . What do you guys think?
I love your presentation, the information is exciting and timley. I believe that when situations come, whether positive or negative, the person who has forethought and is disciplined will always see opportunities .
Great info Peter and Julia, and completely agree with you both on the 2024 outlook and beyond. Outside of the upcoming election, the other big plus that I foresee is the growing job economy in certain areas such as White Plains, NY.
That's where networking and building good relationships with other investors/realtors and other professionals in the field comes into play. They sometimes have/know someone who's in need or thinking of selling before putting their property(s) public (into market). Either those people you have a good relationship with may remember you and refer the owners to you to work out a deal or you ask them. You can also call the owner(s) or whoever represents the owners of the property you're interested in and ask if willing to sell. If they're not ready, you ask again 6 months, a year or 2 years later. Most will sell if the numbers look good to them.
I think rates will drop because it will be an election year. Nobody wants to be running with the economy in the tank unless they can put it on the opposite side. Also rates need to come down to stimulate some activity. I want to get creative next year and attempt to get my first property.
Every successful multifamily and commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/protege-program
I am looking to get started with CPA to help walk me through the process.
What is my next step?
Your next step is to apply to our Protege Program here: www.commercialpropertyadvisors.com/protege-program @@haleason9342
I think now and 2024 is the best time to invest, learn new skills, and how to create multiple streams of income. When covid hit, people were stuck because one stream of income for most people got wiped out. The 2023 WGA and SAG strikes in the entertainment industry left creative professionals stuck. For me, trading, investing, and real estate are great fields to be in.
I know people who buy the latest iPhone and Nikes, but won't buy stock in it. The shoes and phones depreciate in value as soon as you use and wear them. With real estate, I think owning land is also a great way to go because the more e-commerce industry grows, the more warehouses and space will be needed. Too, I believe American corporations will start manufacturing products more here in the U.S., and less in China. The pandemic was a huge eye opener regarding this.
My mortgage is 1750mo, rents in my immediate area are averaging 3-4k per mo
Great discussion! Thank you very much.
Thank you! Great information. Love it!
I can't wait to get started on my journey with multi-family, and I'm glad I'm choosing CPA to help me with building generational wealth and giving me the knowledge of being a great investor!
Yeah but his mentorship is 20k really expensive
@@alfordelliott6943 Yes there's a cost... to anything of value.
And I've learned that the most expensive advice you can get is "Free advice."
Good information but you really should let your co-host speak more.
Opportunity, Depending On The Availability On Distressing Properties.
I agree if you have the right mindset you would know this is the right time to take advantage of off market deals. I enjoyed this video. I agree that 2024 is the year of opportunity.
I also see opportunities in 2024 in multi family
Opportunity because of optimism for the future.
Love it !
Thank you Mr. Peter for the 2024 outlook. I really appreciate the information.
Thank you Mrs. Julia.
Thank Peter and Julia.
❤ Thank You 🙏 for this Content!
I agree with Julia.
OPPORTUNITY!!!
I'M EXITED ABOUT THE ECONOMY AND THE PROMISE OF MY MAKING A "GREAT DEAL" IN THE NEW NEW YEAR
I think prices are still too high on multifamily because the cap rate are averaging 6% and property taxes go up after buying so we won't even get a 6 cap rate . What do you guys think?
Loved your latest podcast on 2024 real estate trends.
I love your presentation, the information is exciting and timley. I believe that when situations come, whether positive or negative, the person who has forethought and is disciplined will always see opportunities .
Love these! Very informative, keep up the great work!
To many companies were price gauging
Definitely down but doesn’t mean that’s a good thing they should lower commodities
Great info Peter and Julia, and completely agree with you both on the 2024 outlook and beyond. Outside of the upcoming election, the other big plus that I foresee is the growing job economy in certain areas such as White Plains, NY.
Jeez you struck gold with Julia. 🔥
Great information. I think rates will decrease.
How do you feel about the market in Miami and Florida as a whole?
This is great!❤
I THINK Interest Rates Can Rise Or Lower, Depending On The Outcomes Of The Elections, Etc.......
At 9:00 your synopsis of valuations raised hair on the back of my neck
Debt service payments will be doubled
I have something that I know will be beneficial to you as a Commercial Realsesate Investors.
I feel optimistic. looking for the opportunities. teach me!
Hi Peter and Julia,
Merry Christmas and happy New Year. "The Best is yet to come"
2024
Yohannes
From Ethiopia
I think there us opportunity but I think there is some trepidation by some consumers about the shorterm economic horizon.
Although, the president has nothing to do with the raise or lowering of interest.
Thanks, Peter and Julia. I love the chemistry of CRE I'm not afraid of opportunities for this 2024 I will be back in touch soon.
This is a very interesting educational video Julia is a beautiful goddess queen ❤great video 🎉❤
Hello julie
Interests will go down a little.
holy smoke show
Off market properties? Is their platform or website for these?
That's where networking and building good relationships with other investors/realtors and other professionals in the field comes into play. They sometimes have/know someone who's in need or thinking of selling before putting their property(s) public (into market). Either those people you have a good relationship with may remember you and refer the owners to you to work out a deal or you ask them. You can also call the owner(s) or whoever represents the owners of the property you're interested in and ask if willing to sell. If they're not ready, you ask again 6 months, a year or 2 years later. Most will sell if the numbers look good to them.
Since when does the president control interest rates?
Let's hope the current president doesn't get re-elected! 😮
I think rates will drop because it will be an election year. Nobody wants to be running with the economy in the tank unless they can put it on the opposite side. Also rates need to come down to stimulate some activity. I want to get creative next year and attempt to get my first property.
Definitely down, because of an election year. Not just interest rate, gas, food everything that's being squeezing us for the pass 3 years.
Down
Without dropping interest rates Poor old Joe will never get re-elected..
💯ABSOLUTE DEVINE💞DESIRE 🎰MANIFESTATION✔️YEAR!!!PETER&JULIA🧩M.I.M.S.