The Elusive Off-Market Property: How do I find one?
Wednesday, October 16
The BIG NEWS from our last blog (Why should I visit my market before I get a deal?) was that we were brought our first “off market property!” This is a huge step for an investor because it signifies agents/brokers trust you enough to bring you a deal before others. It signifies the positive devel...
Visiting Your Market
Tuesday, October 01
As remote investors, we just completed a visit to our target marking: Birmingham, AL. This article answers two main questions: why should I visit my market before I have a deal, and how best do I prepare for a visit? We will discuss demonstrating commitment and credibility, building relationships...
Analyzing A Market: El Paso TX
Tuesday, January 01
Hello again from Walter & Douglas at Blue Water REI! We just wrapped up a quick weekend visit to the market we have identified as our investment market of choice: the border town in West Texas, El Paso. This was our first visit to El Paso, a crucial step for us being out-of-state investo...
Decreasing Expenses in Multi-Family
Friday, December 28
Welcome back, everyone!This post is a continuation of a topic which is critical for owners of multi-family apartments: how to decrease operating expenses so as to increase the Net Operating Income (NOI) of a property. This post will describe 3 vital areas to address in order to reduce operating e...
Increasing Income Increasing Value
Friday, December 28
Hello again, everyone! In my last post we discussed a multitude of reasons why multi-family is a great investment. Of these reasons, one stuck out to me as a driving forces behind the high potential of multi-family investments. Because of this, I want to dive a little deeper into what forced ap...
Why We Chose Multi Family
Sunday, December 16
So what is so appealing about MF investing that didn’t exist in SFH? That is a big question with an even bigger answer, but I will attempt to answer. The FIRST thing that caught our attention is the value of a property is based upon the net operating income (NOI). This means if I can increas...