
Juan Huizar discusses the current state of Long Beach apartments and why investors should pay attention to the market changes.
Send us Fan Mail For the first time in my 20+ years doing this, I'm telling investors to stop what they're doing and pay attention. Cap rates are up, gross rent multipliers are down, and roughly 30% of 5+ unit buildings in Long Beach are trading for less than they sold five years ago. I just bought an 8-unit and a 10-unit in the last eight months — and in this video I break down exactly why the discounts are showing up on five units and above, not on fourplexes, duplexes, or single-family hom...
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