Multifamily Reid Out with Reid Bennett | Episode 132

🔥 Live Podcast Alert🔥  On this Real Estate Hustlers Podcast episode, we will be talking with Reid Bennett is the National Council Chair of Multifamily Properties for SVN International and a Principal of the Multifamily Group for SVN Chicago Commercial, where he has been working for over 16 years. He is also a Certified Commercial Investment Member (CCIM), a prestigious credential that demonstrates his expertise in financial analysis, market analysis, user decision analysis, and investment analysis for commercial real estate. With a focus on the sale of apartment communities across the Midwest, Reid leverages his extensive network, market knowledge, and collaborative approach to deliver optimal results for his clients.  He has achieved multiple awards and recognition for his outstanding performance, including the Partners Circle Award four times, ranking him in the top .2% among all SVN advisors globally.  He is also a commercial real estate coach for The Massimo Group, where he helps other brokers elevate their business and maximize their potential.  Key Takeaways:  He highlighted the importance of understanding the intricate details and compliance requirements associated with these properties. Reid also discussed strategies for investors interested in affordable housing, such as acquiring existing LIHTC deals, developing new properties, or undertaking acquisition rehabs. He emphasized the importance of thorough due diligence and understanding the long-term affordability commitments tied to these projects. Reid explained the various types of affordable housing, including low-income housing tax credit (LIHTC) properties and Section 8 vouchers.  We delved into the complexities of affordable housing, a niche yet crucial segment of the real estate market Connect with Reid:  Linked in: Reid Bennett, CCIM  Connect with Josh Appelman:  Facebook: https://www.facebook.com/josh.appelman.108/ Facebook group: https://www.facebook.com/groups/realestatehustler Linked in: https://www.linkedin.com/in/josh-e-appelman-97767973/ Website: https://www.appelmanproperties.com/