Episode Player

WS1496: What’s Next For Multifamily Amid Inflation | Harry Nima-Zegarra

The Real Estate Syndication Show

The Real Estate Syndication Show
WS1496: What’s Next For Multifamily Amid Inflation | Harry Nima-Zegarra
Nov 25, 2022 Episode 1496
Whitney Sewell

Inflation has hit many economies worldwide. And, it affects many businesses as well. In fact, in the US, the Fed had been raising interest rates in hopes to combat inflation. But, how does this affect multifamily investing? What are the things you need to know right now to weather the “storm”?

Harry kicks off by sharing how he ventured into real estate investing while doing a full-time career as a doctor. He also talks about what to expect in the space amid inflation and the current economy, ways on how you can minimize the risks in real estate investing, and why you need to invest in a growing market. Click the play button now and learn how you can survive amid the inflationary environment!

Key Points From This Episode: 

  • Harry shares that he and his wife are originally from Peru and they move to the U.S. to train as doctors. After settling in, they venture into real estate investing as a way to earn passive income.
  • Why did Harry start in real estate with single-family homes?
  • After some time investing in single-family homes, Harry and his wife decided to invest in commercial real estate.
  • Harry discusses what’s next for multifamily syndication amid inflation.
  • Harry says the success of multifamily syndication depends on asset management.
  • What are the benefits of investing alongside an operator?
  • How multifamily syndication offers the benefit of diversification?
  • How to minimize the risk in multifamily investing?
  • Harry emphasizes the importance of underwriting.
  • What are the things you need to consider when you want to invest in REITs?
  • The difference between REITs and syndication.
  • How does Harry prepare for a downturn?
  • Why do you need to go out of your comfort zone and overcome the fear of failing?
  • Harry’s best source for meeting new investors right now.
  • Harry’s tip for passive investors: educate yourself.
  • The daily habits that have produced the highest returns for Harry.
  • How does Harry like to give back?


Tweetables:

“I believe that's also a goal for most active investors to become only passive investors.”

“Real estate and multifamily also may suffer a little bit in the next year or two.”

“Because of what happened last year, a lot of the success of a syndication depends also on the asset management teams.”

“This is something that I see in general, like in real estate, but especially in multifamily, when you invest passively, you can leverage people.”

“(I’m) trying to focus or invest in bigger cities or areas that are actually growing. I try to stay, for now, away from tertiary markets.”


Links Mentioned in Today’s Episode:

Harry Nima-Zegarra  on LinkedIn

Nima Equity website


About Harry Nima-Zegarra 

Harry is a Pulmonary & Critical Care Medicine Physician, real estate investor, entrepreneur, co-founder, and manager of Nima Equity, a commercial real estate syndication company where he helps physicians to earn passive income, lower taxes and achieve financial freedom. Harry has experience in rental properties and currently owns and manages 9 properties across the DFW metropolitan area. Harry is General Partner in 1076 units in 4 different States.

Harry met his wife Mitsi in Medical School in Peru and they finished their training in Pennsylvania and Virginia. Harry currently works at a tertiary medical center in Dallas, TX.

Harry and Mitsi love the outdoors. They have 2 boys, who love playing basketball and soccer. They love to vacation and travel to Cancun and Florida where they enjoy time at the beach, Disney or Legoland. Harry is also an avid runner.

After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.
I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. 

I'm looking for five men to walk closely with who want to lead well at home and work.  
Email me at whitney@whitneysewell.com and tell me why you should be one of the five. 

whitneysewell.com  

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/