Columbus and Multifamily w/ Matthew Drane

Columbus and Multifamily w/ Matthew Drane

If we know each other as real estate investors and I have not introduced you to Matthew Drane, I sincerely apologize. Matt is a great guest for Skyline Views (or for any podcast, for that matter) because he is a highly skilled and seasoned investor. He loves to share knowledge and ideas, and he does so in spades in this episode. Matt is a broker with Marcus & Millichap in Columbus, Ohio, and he’s one of the smartest multifamily real estate investors you could hope to meet. I’m excited to share this episode with you as we discuss Columbus, Ohio, multifamily apartment investing in 2020 vs 2021, and investing for your legacy.

Key Points:

Matt shares his background and his start in real estate (0:35)

Columbus, Ohio market 2020 year recap (1:31)

Sentiment among buyers, sellers, and lenders entering into 2021 (4:13)

Why invest in Columbus vs other metros? (4:46)

Lending trends in stabilized assets and new construction (6:22)

Market trends within the multifamily asset class (9:33)

Where have all the Class B properties gone? (11:22)

Matt and I talk Legacy and personal projects (12:50)

Matt’s personal thoughts on where to put capital right now (16:57)

Matt shares expert principles for brokers for 2021 (21:40)

Resources:

Matt’s LinkedIn – https://www.linkedin.com/in/mdrane/

Matt’s Instagram – https://www.instagram.com/mdrane1911/

Schedule a call w/ Matt – https://calendly.com/matthew-drane

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – https://mrcdmills.com/resources/

Learn more about The Haney Company here – https://www.thehaneycompany.com/

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

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Passion is an understatement when it comes to Christopher Mills and his desire to help families and family owned businesses. Chris has over 15 years of real estate experience as an investor, and has experience as a loan originator, property manager, and an agent. At The Haney Company, Chris specializes in working with individuals and organizations who have or desire real estate holdings and helping them map out and achieve their financial goals. His real estate experience helps him address the complexities and opportunities unique to real estate investors. His specialties include alternative investments, 1031 Exchanges, and liquidity solutions. Working closely with members of The Haney Company, attorneys, and CPAs, his clients are able to benefit from a comprehensive approach to each individual situation. Chris is the author of Legacy 101: A Practical Guide. He lives in Northern Virginia with his wife and 3 children. In his free time, he enjoys gardening, hiking, cooking, and classical music.