NEWSFLASH: Rents can and do go down for a variety of reasons in any given local economy. If you have many new housing units coming online, you will have increased supply, which leads to lowered demand as the units are absorbed by the market. What do you do when your rent rated are on a decline? Check out “Four Things To Do When Market Rents Decline”
This episode is part of Multifamily Mindset, a series of short audios where I’ll share with you some of the lessons learned from my career in multifamily and real estate. Would you rather see videos? Search for “Bulletproof Cashflow” on Facebook, YouTube, and Instagram!