Want to create an interactive transcript for this episode?
Podcast: The Best Ever CRE Show
Episode: Multifamily Cycles, Rising Costs and the New Operator Reality ft. Reed Goossens
Description: John Casmon interviews Reed Goossens, who reflects on more than a decade in multifamily investing and how market cycles, technology, and investor behavior have reshaped the business. Reid explains how the long stretch of cheap debt and rapid appreciation masked operational risk, and why todayβs environment demands far greater discipline around underwriting, expense control, and asset management.
The conversation dives into rising operating costs, insurance inflation, labor challenges, and why the idea of βset it and forget itβ investing no longer applies. Reid shares how increased competition and tighter margins have pushed his firm to underwrite signif...