
← The MORE Show18 sep · 39 min
Why There Are No Great Markets, Only Great Timing | Neal Bawa
Most real estate educators tell you to master one market and stay in it forever. Neil Bawa thinks that is wrong and lazy. In this episode of The M.O.R.E. Show, Justin Colby sits down with Neal Bawa, known as the Mad Scientist of Multifamily, a former data scientist and tech company founder who has built a portfolio of over 4,000 apartment units across 7 states with $400 million under management and 1,150 active investors. Neil breaks down why his data-driven approach to real estate outperforms gut instinct every single time, how he sold out a 237-unit apartment syndication in four hours, why he learned never to invest in Chicago again, and how he is now using fully automated AI underwriting to evaluate deals faster than any human team can.
KEY TOPICS COVERED:
Why there are no great markets in America only great markets at certain points in time
How Neil sold out a 237-unit apartment syndication in four hours using a nurtured email list
The tax strategy that forced Neil into syndication and how it built his entire empire
Why Neal left single family behind and went all-in on multifamily apartments
How Neal's team uses fully automated AI underwriting to analyze deals at scale
The current distressed deal opportunity in Dallas and why banks are offering concessions to buyers right now
️ Key Moments
00:01 — Introduction: Neal, the Mad Scientist of Multifamily
00:30 — $400 million under management 4,000 units across 7 states
00:53 — Portfolio breakdown: Utah, Idaho, Phoenix, Texas, Atlanta