Five Reasons Your Home is an AWFUL Investment

  Today, I will explore a touchy subject and explain why buying a home is a terrible investment. Before we go into why, let’s define how the dictionary defines an “investment”. According to the Merriam-Webster dictionary, it is “the outlay of money usually for...

Multifamily Syndication: Basics Explained

  Today, I want to explain to friends, family, and anyone that is not familiar with multifamily syndication - the basics of what my partners and I do when we put a deal together. In real estate, as well as just about any industry a syndication is when a group of...

But…I Don’t Have Any Money

  I do a lot of meetups and talk to many that say they want to get into real estate and multifamily real estate. There is always a recurring theme of reasons why they don’t start up their real estate dream. It’s either “I’ll wait until the crash,” “I’ll wait...

When Do You Buy For Appreciation?

  The other day, I did a talk about forcing appreciation and I mentioned how I only buy for cash flow. This led to a barrage of questions around buying for appreciation. So, I thought I would answer it here. As a recap, there are two basic ways a multifamily deal...

5 Affordable Ways to Force Appreciation in your Multifamily Deal

  As value investors, we are always looking for multifamily deals we can get into, improve and drive revenue to increase the net operating income. This is referred to as ‘forced appreciation’, when you, as the investor, are actively working on the property to...

Four Things To Do When Market Rents Decline

  According to the U.S. Apartment list, five large cities saw a decline in the median rental rates over the past 12 months: Baltimore, Chicago, Pittsburgh, Portland, and Seattle. No city or region of the country is safe from declining rents. As landlords, we need...

Why Gen-Z Matter More Than Millennials

  Millenials have been dominating the conversation as a consumer category and even more so in the world of multifamily. However, it’s now time to start talking about Generation Z. These people were born between 1998 and 2016. This means that the older ones are...

You Get A Deal Under Contract with NO MONEY! Now What?

  You did the networking, called the brokers, and trained on taking down multifamily deals. After doing all that work, a broker sends you a deal that seems to add up. In fact, it’s a great deal, but you don’t have the money raised. What do you do next? This is...

Real Estate Syndication VS a Joint Venture

  If you have put a few smaller real estate deals together by creating partnerships and raising money, chances are you may have created a Joint Venture to get the deal done. But if you plan on taking it to the next level and raise capital for larger multifamily...

Believe in What You Are Doing

  Doctor Maya Angelou once pointed out that people will forget what you said and what you did, but people will never forget how you made them feel. This statement is important to remember because it does not end with your close personal relationships. It is true...

How to Prepare an Offer on a Multifamily Deal

  We are in a competitive market today. When you are preparing an offer on a deal that you want to buy, you need to do your best to be easy to work with, aggressive and able to close. This means handing over a Letter of Intent that is strong and has the best...

Getting Started in Multifamily Real Estate Investing

  There are many ways to getting started on building your real estate career. Whether it’s flipping houses, buying land, or wholesaling, there is something you will like and feel comfortable doing.There are so many niches and asset classes to choose from. At our...

Abundance vs Scarcity

  Like most things in life, there is more than one way to look at something. When it comes to money, there are two predominant ways: there is scarcity thinking and abundance thinking. The financial industry has been built around marketing scarcity thinking to...

Why You Should Leverage Text & Messaging Apps

  Since the iPhone changed the game in the use of mobile devices in 2007, people have been increasingly migrating to using their phones for just about everything on and off the Internet. And for prospective tenants in our communities, this is no exception. With...

5 Tips To Attract New Tenants

  When it comes time to find new tenants to rent that freshly turned unit you just spent money on, you need to make sure you know who you are renting to. Regardless of the market, you want to perform the proper underwriting upfront to avoid problem tenants. You...