This month, the Houston Business Journal discussed the outlook for multifamily real estate investments in Texas for 2023. According to the article, the Texas market is expected to remain strong in the coming year, with steady job and population growth driving demand for rental properties.
While the count of rental units in Texas has grown by 140,000 apartments in the past two years, the demand has grown even faster. The article notes that there have been many sizable corporate relocations to the Dallas/Fort Worth area as well. And it doesn't look like the migration will slow down anytime soon. It's expected that both American and European companies will continue to move to Texas.
Overall, the article predicts that the multifamily real estate market in Dallas and other Texas cities will remain robust in 2023, with strong demand for rental properties and various investor opportunities. Plus, investors don't need to be afraid of a "boom-bust" situation, thanks to lending institutions requiring 50 percent capital from investors, lowering the risk of too much leverage in the market.
Read the full article on the Houston Business Journal website.
THE REAL GRIND PODCAST IS OUT ON JAN 31st!
This month, we are launching our podcast, The Real GRIND! We have been working on this passion project since last year and are ecstatic that we're ready to share it with you!
The Real GRIND combines two things we love the most - real estate and coffee. In each episode, we will bring on a guest from various real estate backgrounds to share insight on navigating the real estate industry, from multifamily to everything else. The discussions will take place around a new and fresh coffee crafted by the one-and-only Italo, who our investors know and love!
Our first guest will be Justin Martinez, the CEO of Sustnbl Investments. Justin has acquired and led over 20 multifamily properties, where 12 of those properties have gone full-cycle and earned investors above-average returns. He has a knack for analyzing market data and making strategic decisions that play out favorably in the long term.
Join Neander, Delia, Italo, and Justin for The Real GRIND and soak up all the valuable knowledge you can so you're ready to tackle 2023 with us!
"2023 begins as most do, with economists' dropping their projections for the upcoming year - and it sounds like a challenging one. But for us, we see real opportunities for prepared investors and entrepreneurs. We believe 2023 will be a good year for the buyer and plan to continue purchasing properties. Plus, Multifamily Empire has a series of projects and events aiming to educate and prepare investors for challenging economic conditions like the ones we expect. In the coming months, we will announce some exciting news, including our podcast, The Real GRIND; our investor course, The Apartment Investor Insider Crash Course; and other fun surprises. We will also continue with our one a kind networking events like Jazz & Apartments. Compared to other real estate asset classes, multifamily properties are the most stable and safe. Even if we face a significant economic downturn this year, there is always a demand for housing. The demand may even increase if people are forced to sell their homes. Despite the economic predictions of the year, we have hit the ground running. We are working hard to find the best investment opportunities available and create educational experiences to help our investors understand the industry. If you're concerned about investing this year, Multifamily Empire has your back. In 2023 we will continue to build our EMPIRE!" - Delia and Neander Lima
(Click the image to watch the full testimonial)
"They are very knowledgeable, very sophisticated and they know how to get things done."
Establish an investment plan for the year
The year has just started, and it's the perfect time to plan your investments. Think about how much you want to save and invest and consider where you want to invest it! 2023 is a great year to consider multifamily assets, but it's always a good idea to diversify your portfolio.
Keep an eye on conferences, news, and forecasts
No one knows what to expect this year, but we can seek reputable sources to help us make an educated guess. So keep an eye on upcoming conferences, reliable news sources, and industry leaders so you can start to create an idea of what to expect this year.
Don't chase shortcuts
The internet is full of people claiming to know what the next big thing is when it comes to investing. While there is a lot of helpful information out there, it's important to be careful not to chase get-rich-quick schemes. Instead, always do your own research and fully understand potential opportunities.
