Fannie and Freddie No Longer Allow AirBNB / Short Term Rentals
Tuesday, October 08
No More AirBNB / Short-Term Rentals on Apartments with Agency Lenders At almost every conference that I have attended this year, I am seeing so many 3rd party AirBNB/short term rental companies trying to get apartment owners to lease vacant units to them so they can share revenue using an AirBNB-...
October Halloween Resident Retention Ideas for Apartments
Monday, October 07
Ideas For Fall Resident Retention to Increase Renewals Now that we are in the full swing of fall 2019, you need to start planning some community appreciation events for your existing residents to maintain occupancy. Hardest Months to Fill Apartment Vacancies The fall months are some of the hardes...
Top & Bottom U.S. Multifamily Rent Growth Trends as of Sept 2019
Saturday, October 05
In order to compete in this stage of the market cycle, you must have data readily available in order to make fast decisions. The data below is gathered from CoStar on a minute-by-minute basis and will give you an idea of the top markets for investing in multifamily as of September 2019. Top Rent ...
How To Preserve Capital in Multifamily Underwriting
Sunday, August 12
Capital PreservationMultifamily investment sponsors will underwrite 100s of apartment deals prior to making the decision to purchase a building. The goal of evaluating so many deals is to maximize investor returns and preserve capital by implementing a streamlined underwriting process.There are ...
Accredited Investor vs. Sophisticated Investor
Tuesday, July 31
What Is the Difference between an Accredited Investor and a Sophisticated Investor?Interested in building your wealth through savvy real estate investments? Pursuing your passion to live your life on your own terms, without being tied so tightly to a 9-to-5 job, or seeking to recession-proof your...
Top 14 Multifamily Ideas To Add Value Including Drone Landing Pads
Friday, May 11
Earlier this week I had the pleasure of attending a multifamily housing forum in Houston, TX put on by IPA which is part of Marcus & Millichap. In one of the breakout Q&A sessions they had 5 high level property management executives discussing options for increasing revenues outside of in...