The Top 3 Surprises I Faced When I First Started Investing in Real Est
Sunday, November 17
I’m fortunate to be working in real estate, because I’m doing what I love, as I have a strong passion for both investing and syndicating multifamily properties. In my former life as a lawyer there was a certain predictability to what I did, but with real estate there are always some unexpected s...
Lessons Learned from Closing a $28M Multifamily Deal
Sunday, November 10
As a syndicator and real estate investor, I partner with passive investors and buy large multifamily properties. My company, Blue Lake Capital, purchases multifamily properties (usually 100-400 units), renovates them, improves their Net Operating income (NOI) and sell them after 3-7 years. Whil...
Creative Ways to Raise Capital from Complete Strangers
Sunday, November 03
Many young syndicators start raising capital from family and friends on their first several deals. Raising money from family and friends is intuitive and natural to many; however, the downside of this strategy is that your capital sources is limited to who you know. You might be lucky to know ma...
Top 5 Landlord-Friendly States
Sunday, October 27
Investing in a Landlord-Friendly state is one of my criteria when choosing a market to buy real estate in. A landlord-friendly state is one that has favorable laws for home and apartment owners. Landlord-Friendly markets have a direct impact on real estate and the return on investments. This envi...
Top 10 Most Expensive Cities to Live In
Sunday, October 20
Cost of living plays a pivotal role in demand for apartments. Tenants take the cost of living as a main factor when deciding where to live and how much to pay for rent. As someone who owns multiple apartment buildings across the U.S., it’s crucial to understand where the desirable cities to live ...
The Pros and Cons of Owning an Apartment Building
Sunday, October 13
It appears that lately everyone wants to own an apartment building. Experienced investors, novice investors, “mom and pop” operators, foreign investors - they’re all bidding on apartment buildings. Not only are they bidding, they are overbidding as well, driving up prices well beyond the asking...