We did it! It is 2022 and after six years of owning this house, we have sold it. It was our first ever house, one we lived in for four years, and our second rental. Although I intended to hold this property for decades, back in November, after review of the current market conditions, we […]
If you are not familiar with a real estate fund, it is a pool of investor capital collected by a sponsor to invest in real estate assets. Investors are Limited Partners in the fund and are incentivized by targeted returns and execution in accordance with the business plan for the real estate assets, very similar […]
Half the planet wants to invest in real estate but does not know how. They think that to be a real estate investor you have to go out and get a license, or flip some homes, or come from an established family business with many resources. They approach the idea of wealth creation from real […]
The Fed has recently announced plans to raise interest rates. The stock market reacted with horror. There was a significant drop across the board as unfavorable interest rate increases threaten the speed of the economic growth. Inflation must be managed, but rising interest rates do have effects on the commercial real estate world. What Rising […]
Risk is a word that is often associated with a negative meaning. It symbolizes something dangerous that should avoided because, like a poisonous snake, it is sure to harm you. However, risk is more like water. Whereas you do not have to live with poisonous snakes, you have to live with water. And like water, […]
Multi-family investing is no easy feat, especially when investors are involved. Accounting for all the variables – market, location, property type, number of units, condition, and more – there are so many choices. Value-Add I previously the 3 Business Models of Multi-Family Investing and why value-add is my favorite. The primary reason is because value-add […]
The Labor Department recently stated that the Consumer Price Index jumped 7% last year. That is a 39-year high! While some say that the inflation will ease soon, we should all recognize it as a part of American life. Today we feel richer because of the greater money supply; but when prices catch up, the […]
Investing is not difficult to learn. Actually, I believe it involves unlearning behaviors. Unlearning to use emotions to make financial decisions. We, including myself, struggle with this regularly, both in our personal finances and investments. But it simply really is about the discipline to think objectively, choosing the factual side versus the emotional side, or […]
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: 1️⃣ Delay instant gratification and put your extra money to work We all want things now. […]
Today’s 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. 1️⃣ Capital Preservation Capital Preservation simply refers to protection of capital. This identifies the goal of protecting principal and […]
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 […]
Hello, Friends. I am super thankful to have had another great opportunity to be interviewed on a podcast dedicated to help educate others on investing. This time, I joined Allen Lomax on the Real Estate Investing Abundance podcast. What a pleasure it was speaking with Allen and his audience on the what it looks like […]
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 […]
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 […]
As passive investors in real estate syndications, the amount of jargon can be overwhelming. Specifically, when it comes to investment returns, there are multiple ways to measure the potential wealth creation from an opportunity. Most commonly are three metrics: Cash on Cash Return (CoC), Average Annual Return (AAR) and the Internal Rate of Return (IRR). […]
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 […]
Why I am excited for this weekend…. 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 […]
Check out these 5 top questions that I found are among the most frequent that working professionals ask when they learn about my addiction to apartment investing. How Can a “Regular Person” Invest in Apartments? Yes, it is very possible, even common, for “regular people” to invest in apartments. Read Do I Have To Be […]
I recently read “Syndication is a B*tch – And Other Truths You Haven’t Been Told” by Bruce Peterson and it is a game changer. For anyone who wants to someday syndicate multi-family deals, this is a must read. Whereas other books and resources speak primarily about how the process of syndication and the the wealth […]
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 […]
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 […]
What does it take to invest well and achieve great wealth? Talent, know-how, resources? Of course. However, my argument is that more critical to investment success is mindset. Mindset governs everything else.Mindset governs the behaviors that lead to believing bigger, deciding to invest, and maintaining discipline. Believes Bigger Any entrepreneur or wealth builder eventually comes […]