#79 Long Beach Apartments Are on the CLEARANCE Rack Right Now (Here's the Data)
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#79 Long Beach Apartments Are on the CLEARANCE Rack Right Now (Here's the Data)
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For the first time in my 20+ years doing this, I'm telling investors to stop what they're doing and pay attention. Cap rates are up, gross rent multipliers are down, and roughly 30% of 5+ unit buildings in Long Beach are trading for less than they sold five years ago. I just bought an 8-unit and a 10-unit in the last eight months — and in this video I break down exactly why the discounts are showing up on five units and above, not on fourplexes, duplexes, or single-family homes.
Watch the video: https://youtu.be/bYxbrhxuyYU
Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing.
Website: www.SageREGroup.com
Phone: 562-307-0838
Instagram: https://www.instagram.com/multifamilylongbeach/
Facebook: https://www.facebook.com/SageRegroup/
LinkedIn: https://www.linkedin.com/in/juanhuizar-sagerealestate/
YouTube: www.youtube.com/sagerealestate
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