EP115: Navigating the Tidal Wave of Foreclosures in Multifamily Real Estate! - Bill Ham
Welcome to another episode of the Migrate to Wealth podcast! In today's episode, our host Saket Jain sits down with real estate entrepreneur Bill Ham, who has over 20 years of experience in the industry. Bill shares his journey from flipping houses to multifamily real estate and offers insights into the current state of the market. He predicts a potential purchasing opportunity in the multifamily market next year due to impending distress and foreclosures. Bill also provides valuable advice for both current property owners and potential buyers. Stay tuned as we dive into Bill's strategies, tips, and his thoughts on mindset and responsibility.
In this episode, you will be able to
- Learn about the Current State and Future of the Multifamily Market
- Get advice for Current Multifamily Property Owners and Potential Buyers
- Learn to Evaluate General Partners and Alternative Methods
- Learn the Importance of mindset and belief in one's ability to succeed
Key Moments in the episode are:
- 05:05 - Combination of financing and syndication, larger 150.
- 07:12 - Started with house flipping, then moved to multifamily.
- 10:24 - Impending market distress followed by purchasing opportunity.
- 17:50 - Vetting data and financial positions during investment.
- 22:43 - Quick wealth induces concern; financial immaturity.
About Bill
Bill Ham is the Chief Operating Officer and the driving force behind Broadwell Property Group. He is also the creator of Real Estate Raw where he teaches people how to invest in Multifamily Real Estate. He has upwards of 20 years’ experience with a proven track record of identifying, acquiring, operating, and divesting of large footprint Multifamily Housing. Bill can be seen and heard on countless podcasts and webinars as well as standing on stage giving presentations at trade shows and other forums both online and off.
Ham is a Real Estate Entrepreneur, a sought-after speaker, an author, and an operator but his real passion lies in education. He has been a coach and mentor to the future titans of Multifamily. Over the years he has counseled hundreds of students who have gone on to close countless millions of dollars in their own deals, many crediting Bill with their success.
Connect with Bill
- Email: bill@gobroadwell.com
Connect With Us
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Sponsors
Bangerter Financial Services, Inc
Do you want to retire from land-lording through passive real estate? Look no further than us – we are your go-to experts for 1031 Exchanges and Alternative Tax Strategies. Call (801) 312-9482 or visit https://1031.bangerterfinancial.com/1031guy to learn more!
Sponsor Disclosure:
Securities offered through Concorde Investment Services, LLC, member FINRA/SIPC. Bangerter Financial is independent of Concorde. This is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. Investments in real estate may be speculative, illiquid, and carry a high degree of risk – including the potential loss of the entire investment. Please consult the appropriate professional regarding your individual circumstance.
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