All Forum Posts by: Nick Bruckner

Hey Ryan- I just did the Eagle River Triathlon a few weeks ago - lots of fun. My team at Vested Alaska specializes in multifamily in the Anchorage, Eagle River markets. Would love to connect to talk about some good hikes and our local market. I'll shoot you a message.

Nick will share about the impact of snow/groundwater/melt/water for Investment Property owners and sharing knowledge and tips when assessing and owning properties to prevent expensive lessons being learned the hard way. There will also be a time to share stories, knowledge on a variety of topics. The next two meet up dates are June 7th and July 5th.

First Friday of every month, 7-9 PM. Come with questions and knowledge to share! www.vestedalaska.com

There is a meeting tonight - on 2/2/24 as well, but BP won't let me post the same day! This free Real Estate Investing event is hosted by the Vested Alaska Team - it is focused on education and networking for first time and seasoned investors. There will be some good food and great company. Other topics and questions will also be discussed informally during our networking time. Bring a friend! In 2024, we will be meeting on the First Friday of each month at 7 PM. If you'd like to be added to the e-mail list for updates, send me a message. 

Yes- this is happening and we are seeing more OOS investors contact our team about investing in Anchorage as they look north from Cali. The debate over projections regarding science isn't our specialty, but it makes sense to see the impact on insurance companies' judgments and rates - these impact investors' ROI directly. Also, water is and will be an issue in parts the SW, another reason investors look north.

A bigger issue is geopolitical implications from tensions with Russia, China, N. Korea are which is leading to more military investment in JBER, the Air Force/Army Base near Anchorage and this is making our market promising in the long horizon. 

Saavy investors read the newspaper - and have a basic understanding of how one issue may impact another in the short, mid and long term horizon. Not only national politics, but the international political economy have a bearing on the future of real estate in different markets. 

Hi @Sharif Kotb I help investors find and close deals in Alaska full-time. Investors from out of state like our market. I can't speak to criteria for investing in other markets, as we like our market here, but if you have questions about Alaska and what investments look like here, shoot me a message and we can set up a meeting online. Best Regards, Nick

 Hi Larry, here in Alaska, we work with investors from the West Coast who want to do Multifamily but want a lower price of entry into the market. As for Property Managers - the quality and integrity varies a lot, but we help our clients connect with reputable PMs. Anchorage is a small town and those with good reputations have earned them. As an agent, it's pretty standard to request contractors submit photos of repair work (before/after) along with their invoices. 

Alaska is not easy to get to, but it really varies from one location to the next. Anchorage is very different from communities like Juneau, that are not accessible by road. Anchorage located near JBER, a large Air Force/Army base and is the center for the state's economy so the population isn't transient. Ironically, Anchorage real estate values and the rental market have great appreciation (in most areas) due to a limit of buildable land. The state has a vast amount of undeveloped land, but the Anchorage area is bound between mountains, ocean, and government/military land. We don't have 13% CAP rates, but 8-9% in some areas.

@Dolly Caswell enjoy the sun for us! The meet ups are once a month. Shoot me a message with your email and I'll make sure to include you with updates. Best Regards, Nick