The property manager is like a spouse for the investor. He/she is perhaps the most important part of the investor’s team, especially for an out of state investor. Property manager is the direct contact person with the tenants and vendors. He/she is the boots on the ground and deals with the day-to-day affairs of the…
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Leverage is a huge tool for the real estate investor and being able to secure the best financing terms is one of the keys to the success of a deal. Sometimes, the right financing structure can even outweigh seemingly non-negotiable items, like the price. Qualifying for a loan for a residential property is primarily based…
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Commercial broker is often going to be the best source of deal flow for an apartment investor. Unlike residential properties, most of the commercial deals are done off market. So if a deal makes it to the MLS or Loopnet(Commercial version of Redfin/Zillow), it is often a leftover deal that others passed on. The commercial…
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Location is arguably the most important consideration when it comes to real estate investing. As an investor, it can be daunting to know exactly where to buy a property among hundreds of cities. It can be debated that the city the investor lives in can be a good place to start. He/she lives there, can…
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From a recent conversation with one of our investors: “You mentioned going from 5 units to a 60 unit building. That seems like a big junp? What are the risks of using leverage? I’m hesitant to do this, but then I hear about people being able to achieve this “perfect” situation where they get a…
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