Solid C Area Investing: Lessons from Due Diligence
Tuesday, May 16
Investing in an apartment property located in a solid C area can be a lucrative opportunity if approached strategically. The most important step is to really be familiar with the area you are investing in. For example, before I even think about investing in a market I study the economic drivers, ...
F.I.L.A. (Forever I Love Atlanta)
Saturday, May 06
When I first visited Indianapolis, I had no idea that it would lead to me acquiring a portfolio of properties there one year later. Similarly, my first trip to Atlanta was for a Atlanta Hawks basketball game to celebrate my friend's birthday. I had no intention of investing in the city at that ti...
Massive Houston Apartment Default: Is Multifamily Market in Trouble?
Wednesday, April 12
The recent default of Houston apartment-building investor, Applesway Investment Group, has raised concerns about the impact of rising interest rates on real estate investments. The company borrowed nearly $230 million to purchase four separate apartment complexes with more than 3,200 units during...
Jason...What happened to your 8 unit?
Saturday, April 01
I'm excited to share my experience with finding multifamily deals by going directly to owners, instead of just relying on brokers. I want to tell this story because it's special to me, as someone with cerebral palsy and a speech impediment. When I first started approaching owners directly, I was ...
MY WEEK AS A REAL ESTATE INVESTOR (3-27-23)
Monday, March 27
As the real estate market continues to shift, investors are finding it increasingly difficult to make deals pencil out. Recently, I submitted an offer on a 120 unit apartment deal in Brownsburg, IN, and a 58 unit apartment deal in Harrisonville, MO. While the deals seemed promising, it was inter...
MY THOUGHTS ON SILICON VALLEY BANK COLLAPSE
Sunday, March 12
The following are my thoughts on the collapse of Silicon Valley Bank and any upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks that collapse due to their own risky investments. Such bailouts not only create moral hazard ...