Andy McMullen - Exploring Opportunities In Real Estate

How do you take advantage of potential opportunities in real estate investing? In this episode of the 5 Talents Podcast, Abel welcomes Andy McMullen. Andy is the Founder and Manager of Legacy Acquisitions. He has been focusing on multifamily and built-to-rent for the last four years. Andy values his long-standing personal relationships with brokers, operators, institutional lenders, and private equity firms.  Tune in now as Andy shares how to navigate current challenges in the industry and find out how you could take advantage of potential opportunities in real estate investing! [00:00 - 03:06] Opening SegmentIntroducing Andy to the show!Andy is the Founder and Manager of Legacy Acquisitions [03:07 - 13:07] Navigating Through Real Estate Obstacles And HardshipsFacing challenges and setbacks along the waySurround yourself with a team that shares the same values and passionReal estate has been consistently profitable over any 10-year term [13:08 - 28:10] Exploring Opportunities In Real EstateOpportunities exist in commercial real estate, even if NOI or cap rate goes downLook holistically at properties and consider negotiating with banksBuild-to-rent side of real estate has been a great hindsight [28:11 - 43:46] Closing SegmentAndy shares knowledge on how to anyone take advantage of potential opportunities in real estate investing!  See the links below to connect with Andy! Quotes: “ The building in itself is probably the last thing that you should be looking at and the cost of the rent"s a little bit low considering all these factors the actual building how it"s performing is almost secondary right in the long run.” - Andy McMullen “Many people would argue now"s the best time to be paying your mortgage. Because you"re paying less of that, dollar for dollar.” - Andy McMullen Connect with Andy through his Website & LinkedIn! Connect with me: www.5talents.capital LinkedIn Instagram Watch 5T CRE on YouTube Leave us a review and receive your free ebook Email us --> abel@5tcre.com  5 TALENTS CAPITAL | ABEL PACHECO If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.Support the show