A “Signal” That Multifamily Is Finally Bottoming Out (Time to Buy?)

On The Market

BiggerPockets

News, Investing, Business, Education

4.8 • 820 Ratings

🗓️ 10 April 2025

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Large multifamily, for the most part, has been an “uninvestable” asset for the past few years. Tons of new inventory hitting the market, short-term loans coming due, rising expenses, and stagnant rent growth are just a few reasons investors have avoided this asset like the plague. Even veteran multifamily investor Brian Burke sold off a majority of his portfolio when prices were sky-high. Now, the oracle of multifamily has come back to share why he thinks we have two years until this reverses. Brian believes there’s a strong “signal” that sellers are about to get real, buyers will have more control, and rent prices will grow again. Could this be the bottoming out of the multifamily real estate market, or are we still years away from any recovery? What about small “sweet spot” multifamily rentals or single-family homes? Are they worth investing in right now? Brian shares exactly which assets have the most (and least) potential and the recession indicators to watch that could throw the real estate market out of whack. In This Episode We Cover The state of large multifamily in 2025: Is it finally time to get back in the game? The “sweet spot” multifamily properties small investors should be buying now Why 2027 could be the year that the multifamily market reverses Is residential real estate (single-family rentals) still a worthwhile buy in this housing market? The $1,000,000,000,000 problem that the multifamily market is facing And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1100 - The Ultimate Underrated Rental Property of 2025 (for Small Investors) Brian's BiggerPockets Profile Grab Brian’s Book, “The Hands-Off Investor” Jump to topic: (00:00) Intro (00:33) What to Buy and What to Avoid (04:13) Multifamily Sellers Must Wake Up (08:30) Has Multifamily Bottomed Out? (09:57) “Sweet Spot” Investments (14:51) Will Rent Growth Return? (20:28) An Opportunity for Single-Family Rentals? (25:18) Is Now the Time to Buy? (28:54) Recession Risks to Watch Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-311 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The housing market is constantly shifting, driven not just by mortgage rates and inventory,
0:05.0	but by bigger forces like population trends, inflation, and long-term economic cycles.
0:11.2	Today, I'm joined by seasoned real estate investor and friend of the podcast, Brian Burke,
0:16.0	to explore what those macro and demographic shifts mean for investors and where the biggest opportunities
0:22.3	might lie in 2025 and beyond.
0:25.0	I'm Dave Meyer.
0:26.2	Welcome to On the Market.
0:27.5	Let's get into it.
0:34.1	Brian Burke, welcome back to On the Market.
0:36.4	Thanks for joining us.
0:37.7	David, it is great to be here once again.
0:39.9	Thank you.
0:40.5	Good.
0:40.9	Well, I just really want to check in with you.
0:43.9	You are one of the more astute observers of the real estate market of the economy.
0:49.2	And since there's so much confusing stuff going on, I just like checking in with sophisticated and smart investors.
0:55.7	And so now that I've, you know, complimented you enough, I'd love to just hear a little bit
1:00.9	about what you're thinking about the market. What's on the top of your mind?
1:03.8	There's all kinds of stuff going on in the market. But you know what? What actually is the market,
1:09.4	Dave? I mean, there's like, there's like a hundred thousand different
1:12.7	markets. You've got different sectors of real estate. You've got different geographies. You've got
1:18.0	different strategies. There's always a strategy that works somewhere at some point in time.
	...

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