IRR vs Equity Multiple: What Actually Matters When Evaluating a Real Estate Deal

Kinsley Forest apartments

If you’ve spent any time evaluating real estate investments, you’ve likely encountered two metrics repeatedly: Internal Rate of Return (IRR) and equity multiple. When weighing equity multiple vs IRR, it’s important to remember that while both measure returns, they tell very different stories about a deal’s performance. Understanding this distinction is essential for evaluating investments […]

Stop Managing, Start Investing: The Landlord’s Guide to Passive Real Estate Syndication

Ascent 430 apartments

Owning investment property has historically been a path to long-term wealth, but it can also lead to burnout — especially for accidental landlords who never intended to manage rental property in the first place. When you’re managing multiple properties across different locations, the dream of “passive income” often starts to feel like a demanding second […]

BAM Capital Founders’ Town Hall

Ivan Barratt and Adam Ehret speaking at the BAM Capital Founders' Town Hall

Multifamily Market Headwinds, Tailwinds, and Long-Term Opportunity Higher interest rates have made today’s multifamily market one of the most challenging in recent years. But for well-capitalized buyers, this environment also creates opportunity. In our 2026 Founders’ Town Hall, Ivan Barratt and Adam Ehret unpacked these capital market shifts and shared how experienced multifamily investors can […]

Investing in Apartment Complexes: A Beginner’s Guide to Passive Multifamily Success

Altitude 970 apartment complex in Kansas City, Missouri

For many high-income earners, stock market ups and downs can feel unpredictable and difficult to control. That’s why many investors are turning to multifamily real estate for the potential of greater stability, consistent income, and long-term growth. The good news is you don’t need to manage properties yourself or have millions in cash to get […]

How a Multifamily Investment Strategy Creates Long-Term Value

The Anatomy of a Multifamily Real Estate Deal

Behind every multifamily real estate deal is a disciplined process that goes far beyond simply finding a community and making an offer. In a recent webinar, BAM Capital leaders walked through how their multifamily investment strategy works from start to finish, covering sourcing, underwriting, operations, and exit planning to create long-term value. Starting With the […]

What Happens to My Money If Something Goes Wrong?

Watermark at Jordan Creek

How to Evaluate Downside Protection in a Private Real Estate Fund Before committing capital to a private real estate fund, most investors eventually circle back to one fundamental question: What happens to my money if something goes wrong? That is not a pessimistic question. It is the right one. Experienced investors understand that protecting capital […]

The Apartment Shortage No One Is Talking About

Modern apartment complex with a large outdoor swimming pool, surrounded by white lounge chairs and shaded cabanas. A wooden pergola sits to the left, and the buildings feature gray and white facades under a blue sky.

A Long-Running Supply Gap Shaping Rental Demand You’ve probably seen headlines saying the housing market is “cooling.” Higher interest rates and slower home sales can make it feel like things are starting to ease. But that only tells part of the story. What’s actually happening underneath is less about demand slowing down and more about […]

The 21st Century ROAD to Housing Act – Investor Ban on Buying Homes

  The 21st Century ROAD to Housing Act (passed by the Senate on March 12, 2026) is a landmark bipartisan bill designed to tackle the national housing shortage. While it contains many “supply-side” reforms, it is most famous for Section 901, titled “Homes Are for People, Not Corporations.” This section introduces a first-of-its-kind federal restriction […]

Cap Rates Compared to Interest Rates – How to Create Positive Leverage

Investors often ask about in-place cap rates on BAM Capital’s acquisitions relative to current interest rates. This relationship tells investors if the Sponsor is creating positive or negative leverage on these investments. While this question is fair, it doesn’t tell the whole story. Real estate is a cash flow business. The trick is to underwrite […]

Loan Cap Limits from Federal Housing Finance Agency (FHFA) for 2026

In November 2025, the FHFA announced a significant increase in the multifamily loan purchase caps for Fannie Mae and Freddie Mac for the 2026 calendar year. For 2026, the loan purchase caps are set at $88 billion for each Enterprise, resulting in a combined total of $176 billion in lending capacity. The 2026 limits represent […]