I am ecstatic to have had the chance to join Sam Wilson on the How to Scale Commercial Real Estate Podcast. On the show we discussed a few things every passive investor should know. Here are the cliff notes: 1ď¸âŁ Delay instant gratification and put your extra money to work We all want things now. […]
Todayâs multifamily market is tough. The good assets are highly competitive amongst buyers and are bid up to exorbitant numbers that should not make sense from an investment standpoint. Because investors are chasing real assets, attempting dodge inflation and to get away from volatile stocks, they are now in the multifamily space, looking to get […]
Whether you are an apartment operator or a passive investor, it is wise to know the basic two goals of money management. Such an understanding should allow for more effective decision making and identification of risk. 1ď¸âŁ Capital Preservation Capital Preservation simply refers to protection of capital. This identifies the goal of protecting principal and […]
Of all the metrics used in underwriting multifamily assets, it is arguable that Debt Service Coverage Ration (DSCR) is the most important. Why? Aside from lenders having a minimum required DSCR, it keeps the operator and his or her investors out of trouble by measuring the ability for the propertyâs income to cover its debt […]
We work very hard at our jobs. Some of us are engineers, project managers, accountants, corporate lawyers, IT specialists, the list goes on. My LinkedIn network includes thousands of professionals who fit these categories. What we have in common are the desires to grow in our careers, add value to the world and achieve financial […]
Welcome to 2022! To set the tone for a great and fruitful year, I want to share a mindset refresher. One that will allow us both to kickoff the year right with our financial goals and confidence. So here is the story. Recently in a board meeting I heard local a wise businessman who I […]
Since I embarked multifamily investing journey in mid-2020, it has been a wild ride. From forming Robinson Capital, writing over 240 blog posts about real estate investing, passive income and apartment syndication, making my own first passive investment and countless networking sessions, guest interviews and a conference, I am thankful for the traction and the […]
Commercial real estate brokerage Greysteel recently published a Spotlight on Downtown Fort Worth, TX, one of the hottest markets for multifamily real estate in the country. As you will see from the data below, there is reason for the immense interest in real assets in this market. Demand for Housing The demand for housing in […]
We have written about Active vs. Passive investing and Single families vs. Multifamilies, but the choice between actively investing in single families and passively investing in multifamily can actually bring someone to a fork in the road. I have done each and both are great paths to wealth creation through real estate, but they are […]
We tend to understand vacancy and how it negatively impacts the multifamily investment. For every unoccupied unit, there is a loss of revenue because that unit is not performing. Managers want to fill up their units and limit turnaround in order to avoid costly vacancies as well as the added cost of turnovers. There is […]
Both experienced and new investors are chasing the same thing, real and dependable returns that can beat the threat of inflation. With the increase of trillions of dollars in our money supply and inflation currently hovering at 6% this year, the trend continues to threaten the value of our dollars. This, compounded with the volatility […]
As a passive investor, it pays to know your goals. Without a goal, it is difficult to design a roadmap and it certainly is a challenge to stay motivated without a target for what you want to achieve in the first place. By now, you should understand the value of passive income and you are […]
You have likely noticed the skyrocketing prices and âvaluesâ of real estate. Whether it is your personal single-family, your portfolio of rentals, or the multifamily asset class, especially in hot markets, things are through the roof. There are two schools of thoughts on how to navigate this situation. Some advise to sit out and not […]
Many individual investors struggle with the idea of partnering with others for real estate deals. They may have gotten into real estate as an alternative to stocks and with the same mindset of being an individual investor. For different reasons, they may oppose or may have never considered joining forces with a team to make […]
As an apartment investor, whether active or passive, it pays to know and understand where your capital expenditure dollars are best spent. Realistically, you want to make every investment yield the highest return. 1ď¸âŁ Units Primarily, those dollars are best spent on units, because residents pay for important features that attribute to higher-quality living. These […]
Have you ever played the game where you imagined what you would do with your next $100,000? If you are like me, the idea of a new car or material possession likely popped into your head. While those are great and fun to buy and own, the practical side of you likely responded with the […]
Each of us have varying degrees of risk aversion and fears when it comes to learning a new topic or trying something new. Especially because of our backgrounds, education and childhood rearing much of who we are is ingrained within us and hard to change. When it comes to financial education, it is extremely difficult […]
When seeking to passively invest in multifamily assets, one will have to pay special attention to the property characteristics. Recognize that not all multifamily properties are created equal, and as such, based on these characteristics, demand, improvement opportunities and future values will vary accordingly. Below are just three prominent features of multifamily housing that make […]
Just as with any large or small decision in life, when it comes to investing, there are so many choices to choose from and variables to consider. Which asset class to choose; which type of asset within that class; what are your goals and strategies? The list of questions can seem daunting and never ending. […]
A question that I usually get from new investors is how much cash is needed to invest. When investing passively with active syndicators, each will have their own minimums. Usually, the typical minimum is around $50,000. This article is written on the assumption that, as a working professional, liquid cash is not the option. Below […]
What does it take? What does it take to be truly successful in building lasting wealth from real estate investing? Is it finding great deals? What about having great partners? Is it access to capital? All of these are critical assets and resources, but even deeper is something more foundational, and the good news is […]
This past weekend was insanely amazing! I attended the Jake and Gino Multifamily Mastery 4 conference in Orlando, FL, just an hour away from where I reside in Melbourne, FL. What a great treat it was! Actually, it was infinitely more rewarding than I could have imagined. Let me explain. Solidify Relationships For the last […]
I recently had the chance to tour an Orlando apartment complex listed for sale for a team of investing partners looking for assets in Florida. I was hopeful that this 1975 property would be a great fit for their criteria, in wonderful condition and in a solid area. The marketing package mentioned how close this […]
Why I am excited for this weekendâŚ. I am very excited for the upcoming Jake and Gino Multifamily Mastery 4 conference in Orlando. Since beginning this apartment investing journey, this will be my second conference and my first in-person conference. One of the unique characteristics of the pandemic was the ability to do many things […]
Capital expenditures is as much a part of doing business as changing diapers is a part of being a parent. Capex, short for Capital Expenditures, are expenditures made are required to improve a property or maintain its useful life. They are different from operating expenses, which include maintenance and repairs. Whereas operating expenses can be […]