A lot of people who want to invest in real estate ask me if they should be doing multifamily,

if they should buy a turnkey property or single family or all the different forms. And so today I'm bringing on somebody who has done all of them so we can discuss the pros and cons of each. I've got Danny Robeson on. And then, of course, my bald co-host, Brian DeVille. What's up, guys? Good to be here. You know, it's the running joke that everyone in the comments just calls him the bald guy.

So now he just owns it. That's my nickname. A bald guy. It's all right. So, Danny, we were talking a little bit right before this. You guys just exited a multifamily deal. You still have over 500 units. You guys managing and you know, you've done it all with

vertically integrating too with just, you know, you've had property management, you've done

brokerage and like there's just so many ways to make money in multifamily. I don't want to get

into that later, but like where's the market at today? Because it seems very soft right now with

rates, cap rates, interest rates, everything.

Yeah.

So what we're looking at and focusing on is needs-based real estate.

So we're not trying to project or speculate what's going to happen right now.

And there's a lot of uncertainty and fear in the marketplace right now.

Yeah.

And we've just evaluated everything and we've decided that we're going to focus on the things that are going to be recession resilient. And multifamily B class specifically, senior housing with a silver tsunami with so many people aging and self storage. These are the things that when you're

looking at what are you going to pay for still, no matter what happens in the market, these are the

things that are going to keep on going

and that's just where we're focused so b b class and specifically like what about a class or c

yeah so um we have bought c class and turned it b class before um a class we've never bought any a class

uh in the economy that we're entering and in the uncertainty that i think is in the right now, here's why I love B class, just because it's safer, not because I don't believe in A or C. I believe that if the market goes down, A class is going to move to B. And if the market goes up, C class is going to move to B. So if we can stick in B class, then it's going to be a good place for us and our investors,

no matter what the market's doing.

Yeah, because it prevents you from downside because you're in B already.

And then you might get some upside.

Yes.

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