There are so many ways to build wealth – certainly some are much riskier than others. The best type of investments are those that can withstand the cyclical nature of economics, those that do not take rare genius and impeccable timing and those whose returns are based on proven models and a track record of […]
Well, if you are reading this, thank you… The data shows that most people reading my blog are new visitors between the ages of 25 and 34 reading on their desktop during the day (likely during work) and checking out 1 or 2 articles. Many of these visitors are coming from internet searches. Pretty cool. […]
The due diligence process is the time to ensure that rents are as advertised and the potential for rent growth is as expected. Not doing so sufficiently can lead to the following problems: Having higher than anticipated unpaid rents Not receiving the rent values expected on day one Not achieving the anticipated rent growth Devastating […]
Why is it that someone would choose to rent versus own their home? After all, we have all heard that the American Dream is home ownership. Don’t people rent only because they have to, and not by choice? Not exactly… The “American Dream” Has Changed People’s preferences are changing. Here are a few characteristics of […]
Demand for multifamily assets remain strong even during this ongoing pandemic. Check out the following excerpt and data from Marcus and Millichap’s August Research Brief for Q2 demand (full report here): “Multifamily leasing resumes in force. Ongoing employment growth and the resumption of many normal routines bolstered household formation in the spring and summer, leading […]
Did you know that it is possible to invest in real estate while working your day job? And without being a stressed out fix and flipper? There are various strategies and niches that support those just like you and I whose primary focus in their professional field. If you are a busy professional, you want […]
When acquiring multifamily assets, there are general subjective categories of housing that are based on demographics, age of build, quality and rents that they command. The industry generally categorizes them from Class A through Class D, based on those aforementioned characteristics. Various Housing Classes Class A – Class A housing are the most desirable. Typically […]
As working professionals, we have much to manage: our current work responsibilities, staying on top of our professional growth, family life at home and a changing world. Most of us work daily as a means to provide for our families and living needs. Especially now, due to rising values and surplus money we may feel […]
I want to share with you the most imporant lesson, one that caused me to rethink my approach to real estate and wealth building altogether. Next Level Investing Involves Teamwork To get to the next level, in addition to creating systems, planning for scale and working through the discomfort, I learned that I must stop […]