WS1550: Navigating the Current Economic Climate | Ivan Barratt

WS1550: Navigating the Current Economic Climate | Ivan Barratt

The Real Estate Syndication Show

Inflation is one of the major concerns now in many parts of the world. And in the U.S., the Federal Reserve raised rate hikes several times last year in hopes to address this. So, entrepreneurs, how can one navigate through this current economic climate which is affecting all industries?

In the last part of our three-part series with Ivan Barratt of the BAM Companies, Ivan shares what he thinks will be the Fed's next move, how it will affect the industry, the ways they manage risks, and why there’s the possibility of more opportunities to transact now. He also explains why he thinks it is a great time to trade in the paper for hard assets, particularly multifamily housing in the Midwest. Listen now!

Key Points From This Episode: 

  • Ivan says today’s inflation has come in cooler than expected.
  • Ivan believes this is a great time to trade paper into hard assets.
  • Why investing in multifamily housing in the Midwest is a good idea right now?
  • Ivan shares he’s planning to go from four assets per year to up to 10.
  • How does Ivan expect his current units to perform over the next six to 12 months?
  • What has changed in the way that Ivan manages his assets?
  • Ivan says continuous improvement is an advantage in the property management side of your real estate business.
  • How many reserves should you have?
  • What’s the most important metric that Ivan tracks personally and professionally?
  • The number one thing that contributed to Ivan’s success is faith.
  • How does Ivan like to give back?


Tweetables:

“From a macro long-term perspective, I think it's an incredibly advantageous time to take paper money and trade it in for hard assets that generate income. And my favorite hard asset that generates income is multifamily housing.”

“I think I'll be a net buyer as well, what that means is, I'll be buying a lot more units than I will be selling.”

“By having the flexibility of floating shorter-term debt, with rate caps, and more cash on the side, those are my insurance I can be more nimble as to when I sell the asset.”

“We're making sure that we got the best asset management team on the field or making sure that they're looking over the shoulders of the property management side of the house.”

Links Mentioned in Today’s Episode:

Ivan Barratt on LinkedIn

VISIT OUR WEBSITE
https://lifebridgecapital.com/

Here are ways you can work with us here at Life Bridge Capital:
⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc

⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow

📝 JOIN THE DISCUSSION
https://www.facebook.com/groups/realestatesyndication

➡️ FOLLOW US
https://twitter.com/whitney_sewell
https://www.instagram.com/whitneysewell/
https://www.linkedin.com/in/whitney-sewell/

⭐ Be Our Guest!
We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over.
Apply here: https://lifebridgecapital.com/join-our-podcast/

Activity

Switch to the Fountain App

The Real Estate Syndication Show • WS1550: Navigating the Current Economic Climate | Ivan Barratt • Listen on Fountain