Wheelbarrow Profits Podcast: Multifamily Real Estate Investment

Mike Taravella and co host Will Coleman interview Robert Durham and Jordan Brooks with ALN Apartment Data.    Key Information: ALN provides data to apartment owners throughout the country.  DFW: About 82% of tenants paid rent in April compared to 90% in March. Occupancy still looks strong, Jordan is not seeing a drop in Occupancy for Dallas so far.  Atlanta: Rents have increased about 0.2% in 2020 compared to about a 2% increase in 2019. Jordan is not seeing a large jump in concessions as of yet. Demand is looking good in Atlanta.   Orlando: Rents in Orlando have been flat for a while with rents growing less than 1% per year for the last couple of years. Robert believes there will be some investment opportunities in Orlando due to the negative impact COVID-19 will have.  Phoenix: Rent growth in the first quarter was 2%. Rent concessions are being less prevalent. They are also seeing a strong occupancy of approx. 92%.  Nashville: They have seen a negative absorption in the first quarter of this year. Stabilize