Real Estate as a Store of Value
Tuesday, October 25
Recent volatility in the stock and bond markets has people turning to gold as a "store-of-value". Makes sense. Historically, gold maintains value, is a hedge against inflation and is transferable (weight aside). When markets get rocky people look to invest in hard assets like gold and real e...
Multifamily Make-Ready's Made Easy
Tuesday, October 18
The best way to assure easy make-ready’s is to have as few as possible, right? How to make that happen? With an earnest focus on leasing renewals. Focusing on renewals reduces turnover. Concessions at lease renewal are almost always less expensive than turnover expenditures. Be it carpet cle...
Day Trading Vs. Real Estate Investing
Friday, October 14
Why am I writing about day trading when my profession is multifamily real estate? Because many of the same mistakes occur in both professions.Minute by minute investing is a part of daily life now for many people (sometimes by the nano-second). Day trading for John Q Public started several year...
Property Management and the Amazing Affects of Coffee
Wednesday, October 05
Most people enjoy a good cup of coffee in the morning. It is the ultimate "me time" before we start our day. Just about every place of business (non-retail) has coffee and bottled water nearby during business hours. Why? And what does this have to do with multifamily? Coffee is an amazing bu...
Real Estate Acquisitions and the Age Quotient
Wednesday, September 21
The age quotient for a real estate has two components: the actual age and the functional age. One is no less important than the other. In fact it is often more important to know the functional age of the property. In competitive markets, age can become meaningless. When occupancy is tight, ass...
Top Ten Multifamily Websites
Monday, September 19
There are many websites focused exclusively on multifamily real estate. The focus of this top ten list of multifamily websites is to highlight those providing solid, current, quality content. Some of the sites are regional, some global. Some are exclusively multifamily while others only have...