{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"EPS 345 - \u201cThe Next Multifamily Buying Wave? Preparing for Opportunity in a Changing Market\u201d","description":"On this episode of the Old Capital Real Estate Investing Podcast, Paul Peebles and James Eng, take a deep dive into the dramatic shift happening across the multifamily housing market\u2014and why today\u2019s uncertainty may create tomorrow\u2019s buying opportunities. After years of rapid appreciation, easy debt, and aggressive investor competition, the apartment market is experiencing a major reset. The discussion explores how the market evolved from the steady growth years of 2015\u20132020 into the buying frenzy of 2021\u20132022, when historically low interest rates and abundant capital drove prices to unsustainable levels. Properties routinely received dozens of tours and competing offers, pushing values to record highs. Now, with higher interest rates and tighter lending standards, the landscape has changed dramatically. Multifamily values in many markets have fallen 20\u201330%, refinancing has become increasingly difficult, and lenders are beginning to repossess properties that can no longer support their debt structures. Many listings entering the market today are lender-controlled or distressed assets\u2014signs that the market may be approaching a bottoming phase. The episode also compares today\u2019s environment to previous real estate downturns, including the late 1980s savings-and-loan crisis and the 2008 financial collapse. One recurring lesson remains clear: excessive leverage, overbuilding, and risky loan structures eventually lead to painful corrections. But with disruption comes opportunity. Paul & James- discuss why experienced investors are preparing for a significant wave of multifamily buying opportunities in the coming years. Rather than focusing solely on today\u2019s cash flow metrics, investors may soon have the chance to acquire quality real estate at discounted \u201cprice-per-pound\u201d valuations. The conversation also highlights common investor mistakes during market transitions: Moving too quickly without proper due diligence Investing purely for tax benefits Waiting endlessly for the \u201cperfect\u201d deal and missing opportunities altogether To help investors prepare for the next cycle, the episode introduces the Old Capital Accelerator Program\u2014a hands-on educational and networking platform designed to bridge the gap between learning about apartment investing and actually closing deals. Topics Covered: Why multifamily prices are resetting The impact of rising interest rates on apartment owners Distressed assets and lender-owned opportunities Historical real estate cycles and lessons learned Investor psychology during downturns Building a disciplined acquisition strategy Why the next buying wave may reward prepared investors About the Old Capital Accelerator Program The Accelerator Program is designed for serious multifamily investors looking to transition from education into execution. Participants will experience: Interactive cohort-based learning Real property tours and deal analysis Weekly Zoom sessions with experienced operators Discussions on acquisitions, asset management, capital raising, and dispositions Access to seasoned GPs, LPs, and Old Capital professionals Practical underwriting experience and live deal feedback The program is intended for accredited investors and experienced professionals who are financially prepared to actively pursue apartment investments. Final Takeaway This episode is ultimately about preparation. Market dislocation often creates extraordinary buying opportunities\u2014but only for investors who are educated, disciplined, and ready to act when the timing is right. The next multifamily cycle may already be forming. The question is: will you be ready when the opportunities arrive? ","author_name":"Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles","author_url":"http:\/\/www.oldcapitalpodcast.com","html":"