Master Keys (My Precious)
Tuesday, July 10
Every lost a master key? Every had that floor-dropping-from-under-you feeling while sitting in a chair on the phone? Master keys are necessary, they are also, truly, the keys to the kingdom of any property. Losing a single master key costs time and money. Immediate action is required. The exp...
Swimsuits and Pool Rules
Thursday, May 31
Since most properties are without a full time "pool police" good behavior is based substantially on the honor system. This honor systems assumes (assume being one of my least favorite words) people will be guided by society's rules of decency. Are we fooling ourselves here? Decency, after ...
Loans and Predator Lenders
Tuesday, May 22
Predator lenders will prey on anyone. Why rip off five or ten consumers when one fake commercial loan can yield the same output (for the predator). The singular best method for avoiding predatory lenders is to talk to lenders; lots of lenders. The mortgage banking business is filled with hard wor...
Property Management and the Rule of Law
Wednesday, May 16
There are people in every community that believe the rule of law applies to everyone except them. Many of us are de-sensitized to violence and intimidation based on how often we are exposed to these behaviors. Property managers work diligently on retaining paying customers. However, there are...
Multifamily Construction Starts and Household Formation
Wednesday, April 18
Household formation drives demand in multifamily construction. As we see household formation accumulate to measurable numbers we will also see increasing construction starts. And this time, with a much sharper pencil with limited tertiary construction with a hope and prayer that "they will come...
Top Ten Reasons to Own Multifamily
Monday, April 09
Why own apartments? Following are ten reasons to own multifamily. While real estate investing is a contact sport with numerous pitfalls the rewards can be enormous. Positive outcomes require patience, expertise, access to capital and time with equal emphasis on all of these. Immediate income...