Since Joe Fairless launched in 2015, Ashcroft Capital has acquired over $2.7 billion in assets and serves thousands of investors nationwide. Joe is also the host of the ‘Best Ever Real Estate Investing Advice’ podcast. Over the years, Joe has been on this show multiple times, but today’s conversation is especially timely. The last three years have tested commercial real estate investors as well as multi family syndicators like never before, with rising interest rates, slowing rent growth, over supply in certain markets, and debt maturities forcing some hard decisions. Joe’s here to share how Ashcroft has navigated these challenges, what’s worked, what hasn’t, and what he sees ahead for the multifamily sector in the coming years.
Connect with Joe: https://ashcroftcapital.com/
Joe's Podcast/Newsletter: https://www.bestevercre.com/
Highlights:
2:00 - Why This Conversation Matters
5:30 - Three Market Stages
12:10 - Eviction Backlogs’ Ripple Effects
15:05 - How Lenders Really Behave
21:05 - Debt vs. BOV Reality Check
33:00 - AI For IR Workflows
Quote: “If you’re not on board with AI, you’re being left behind from an efficiency and effectiveness standpoint.”
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