The Most Important Coming Change in Real Estate Nobody is Talking About with Neal Bawa

Passive Wealth Strategy Show - Real Estate for Busy Pros

Neal Bawa is a technologist who is universally known in real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $250+ million-dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. Neal serves as CEO / Founder at Grocapitus, an iconic, data-driven commercial real estate investment company. Grocapitus’ 28 person team acquires and builds multifamily & commercial properties across the U.S. With more than 300 active investors and over 2,000 reviewing their projects, the Grocapitus portfolio currently spans across 7 states with 12 projects and 2,000+ units/beds. He also serves as CEO at MultifamilyU, an apartment investing education company. Neal loves public speaking and is an energetic and humorous speaker. He is a top-rated, in demand presenter at conferences and events across the country. Neal’s asset management and revenue optimization techniques for multifamily are considered unique in the industry.

[00:01 - 07:05] Opening Segment

• Neal introduces climate change and its effect on real estate
  • “People don’t even know where to start.”

[07:06 - 18:28] The Most Important Coming Change in Real Estate Nobody is Talking About

• Real Estate is the No. 1 Victim of Climate Change
• Why You Should Worry About Climate Change
• Climate Change is Bullshit and its Impact
• Four Twenty Seven
  • Looking in the future of real estate and climate change
• Neal compares the speed of change in COVID-19 and climate change
  • No one is paying attention!
• Six Steps Model of Property Risks

[18:29 - 37:44] Taking Action and Moving Forward with Climate Change

• Climate Change Denial Podcast
• Today’s data points to the future
• Extrapolating to the Future
  • Companies are taking actions on climate change
• Climate change and the reality of real estate
• Everybody is making a move, insurance companies included
• Neal talks about city downgrades
• Climate change is bigger than the coronavirus

[37:45 - 52:15] Closing Segment

• Final words
• Quick break for our sponsors

• Connect with my guest. See the links below.

Tweetable Quotes:

“No other industry in the world is going to be impacted by climate change as much as real estate.” - Neal Bawa

“Everyone who has a trillion bucks cares.” - Neal Bawa

“Climate change may not be real but those property tax increases are real.” -Neal Bawa

“What you think about climate change doesn’t matter. The people who matter already have decided that climate change is real.” - Neal Bawa

------------

Resources Mentioned:

• Four Twenty Seven

Connect with Neal through LinkedIn and his website: https://multifamilyu.com/about/

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes