BRRRR! A Red Hot Strategy
Wednesday, November 22
It may almost be December, but no I’m not complaining about the cold. BRRRR stands for buy, rehab, rent, refinance, repeat. This has become a popular strategy ever since the founders of www.biggerpockets.com coined the term. Here is a really nice article breaking down the basics: https://www.bigg...
Top 10 Reasons to Invest in Pittsburgh
Wednesday, November 15
This is some research I did a while back about the ‘Burgh. I have learned many new things about the market – most of which is very good! Pittsburgh ranks #5 on Marcus & Millichap’s list of high-yield multifamily markets.Pittsburgh’s unemployment rate (4.7%) has dropped by 17.5% over the past ...
AirBnB: is it right for you?
Tuesday, November 14
Many investors or people who have a single rental are looking to AirBnB their property to boost returns by sometimes 300%. However, most don’t realize how much more work is involved as transitioning from landlording a long term rental to AirBnB is essentially moving into the hospitality business....
Technology making everything cheaper EXCEPT REAL ESTATE
Monday, November 13
Today I would like to talk big picture and long term fundamentals. Technology has been disrupting every single industry and it seems that nothing is safe. Technology and globalization have put downward pressure on the prices of almost all goods and services. For example, it is now possible to hav...
Real Estate VS Stocks
Thursday, November 09
In my first blog post, I discussed the pros and cons of investing in a syndication versus a REIT. Now I want to talk more broadly about the merits of stocks versus real estate. This is an age old argument and for most people, it boils down to personal preference. However, comparing the two based ...
Non-recourse loans with bigger deals
Tuesday, November 07
Previously I have expounded the importance of buying large apartment communities because there is value in the economies of scale associated with larger buildings. Would you rather have to deal with and worry about 100 different foundations and roofs or just one or two? Exactly. Other advantages ...