Samer Kattih’s Post

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Founder of the Nomad Co. ┃ Revolutionizing the RV Park Experience ┃ Investor

In the month of January, we have looked at 18 (promising) deals and submitted 6 offers. This is 3x more deals than we looked at in December - I am seeing a notable shift in market sentiment, and here are my notes. . . Overall, I think sellers have started to adjust more to the reality of today's market. It seems likely that over the next 12-24 months there will be no extraordinary changes to the market, and that interest rates will not be going down 2-3% any time soon... As such, the reality is that floating rate borrowers, who were hoping for the market to adjust and bail them out, are now coming to terms with the valuations of today's market. We are seeing more openness to negotiate around terms and pricing. We are very much in a buyer's market right now. Sellers, and lenders, are willing to work flexibly with buyers that bring experience and liquidity to the table. As the saying goes - cash is king. While our valuations have generally remained around 20% lower than asking prices, for the first time in 12 months, we have submitted an offer within 5% of asking price on a deal. Overall, I believe that the quantity of opportunities will continue to rise as we progress further into Q1 and Q2, but these deals will require creativity, an ability to act quickly and decisively, and the right relationships. Happy hunting everyone.

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Anthony S.

💼 I help District Managers retire faster through Passive Real Estate Investing

9mo

5% is damn close You're right around the corner from that deal

JT Mugabo

🌎 Real Estate Investor| Citizen of the World 🇷🇼🇫🇷🇬🇧🇧🇪🇱🇺🇺🇸 📍Washington DC

9mo

Nice input. Buyers market might be very close. Listings may start to close over the asking

Kalman Fishbein

President at Elkal Inc.

9mo

What markets are you looking at?

Spencer Vickers

Founder @ TheFractionalAnalyst.com

9mo

Great market insight from someone in the trenches. Keep pushing!

James Berner

Senior Sales Executive - Green Street | Enterprise Sales

9mo

You guys are busy! Activity breeds activity. Good luck on the deals.

John McCarroll

Builder l Entrepreneur I Mentor l Investor I Ironman

9mo

nice recap Samer Kattih. Keep getting after it!

Chesky (Charles) Rosenbaum

Commercial Real Estate Insurance Review

9mo

On 🔥 Samer Kattih!

Cody Simmons

Commercial Real Estate - Debt & Structured Finance Production

9mo

Goodluck in 24’ guys!

Eric Thomas

National Private Lender 🇺🇸 | Residential Investment Loans | 250k-75mm | Over 1 Billion Funded | 512-413-1707

9mo

Nice work Samer Kattih !

Christopher Maier, MBA

National President & Founder of Contractors, Closers & Connections (CCC) | Real Estate Investor

9mo

Let's rock

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