In Episode 108 of Drunk Real Estate, Kyle, J and Mauricio are joined by special guest Charlie Koznick, Chief Investment Officer at MC Companies (alongside Ken McElroy). Charlie shares his unique journey from Hollywood actor to multifamily real estate investor—and why his team is currently investing hundreds of millions into Class A apartments while many others are pencils down. We dive into: -Charlie’s acting career (including scenes with Tom Selleck on Las Vegas) 🎬 -His pivot into real estate, joining Ken McElroy’s team, and building a $600M+ portfolio - Why MC Companies is doubling down on Class A multifamily in Phoenix - Market insights on supply, demand, rent growth, and absorption rates - How long-term strategies, interest rates, and investor expectations are shaping deals in 2025 - The outlook for B- and C-class assets, institutional capital, and where opportunities are next Whether you’re an investor, operator, or just curious about the state of multifamily real estate, this episode is packed with perspective, strategy, and a few laughs (and drinks 🍷🥃). 👉 Don’t forget to like, subscribe, and drop your thoughts in the comments—do you agree it’s time to buy in multifamily? 🔗 Links & Resources 📩 Subscribe to our daily economic newsletter: http://dredaily.com/ 🎥 Watch AJ's latest YouTube content: https://www.youtube.com/@SelfStorageIncome 🧠 Learn more about syndication with Mauricio: https://coachingwithmauricio.com 📚 Check out J Scott’s books: https://www.amazon.com/stores/author/B00KQK5PI6/allbooks 💼 Support Kyle & Ashley (BadAshInvestor): • Website: https://www.badashinvestor.com/ • YouTube: https://www.youtube.com/channel/UC-wyOMIsiRnIgaOXuoDDiBg • Instagram: https://www.instagram.com/badashinvestor/ 🍸 Follow Drunk Real Estate Instagram: https://www.instagram.com/drunkrealestateshow/?hl=en Facebook: https://www.facebook.com/61567789892814 Website: https://www.drunkrealestateshow.com/ Chapters: 00:00 - Intro & guest reveal: actor turned multifamily investor 01:30 - Charlie Koznick’s Hollywood career & Tom Selleck story 05:20 - Leaving acting for finance and real estate 07:15 - Joining Ken McElroy & building MC Companies 10:50 - Why $600M in Class A acquisitions during uncertainty 15:00 - Market bottoming: rents, absorption, and Phoenix insights 20:00 - Loan strategies: fixed vs. floating debt and investor expectations 23:40 - Infinite returns vs. 10-year holds 26:00 - Shifts from B-Class to Class A opportunities 30:00 - State of institutional capital & market cycle analysis 35:00 - Drinks of the day 🍷🥃 40:00 - Tariffs, inflation, and construction costs 43:00 - Fed outlook: rate cuts, jobs data, and investor sentiment 50:00 - Supply, demand, and long-term multifamily tailwinds 01:00:00 - Risks of recession & resilience of Class A rentals 01:15:00 - Absorption, rent growth, and positive trends returning 01:30:00 - Final takeaways on multifamily opportunities ahead #DrunkRealEstate #CharlieKoznick #MCCompanies #RealEstateInvesting #Multifamily #KenMcElroy #DrunkRealEstatePodcast #CommercialRealEstate #FinancialFreedom #PassiveIncome #WealthBuilding #ApartmentInvesting #HousingMarket2025 #InvestingStrategies #EconomicOutlook #RealEstatePodcast