A-List Amenities in Multifamily Properties: It’s About the Experience, and More

The ancient axiom about real estate, accurate (it seems) since the dawn of time, continues to hold true in the booming multifamily housing market: It’s a matter of location, location, location. That said, potential residents are seeking far more in the way of amenities from such properties. And high on the list are secure common [...]

By | 2018-05-23T19:53:39+00:00 May 23rd, 2018|Categories: Blog|Tags: , , |0 Comments

Determining Investment Value: How To Know When The Rent ISN’T Too Darn High

The challenge facing the owners of rental properties was underscored by a man named Jimmy McMillan, who once ran for governor of New York on the-rent-is-too-(darn)-high platform. In fact, that was what he dubbed his party: The Rent Is Too (Darn) High. (Footnote: He was later evicted from his rent-controlled apartment in New York City [...]

The Local Watering Hole: Neighborhood Anchor or Lodestone?

At their best, neighborhood bars serve as the social hubs of their neighborhoods -- vibrant places that draw people in and draw them together. At their worst, they are nuisances, producing excessive noise, littering, vandalism, etc. The question, then, is this: What are the pros and cons of investing in real estate near such places? [...]

Multiple Ways to Add Value to a Multi-Family Building

  As I wrote in my 2007 book Purchase, Rehab and Reposition Commercial Investment Property, repositioning multifamily apartment buildings has long been my passion, and has proven to be a pathway to profitability. It’s hard work, as investments go, but it has always been worthwhile. Most of the success our company has seen comes from [...]

Renovate Instead of Rebuild: Why Investors Should Rehab Existing Properties

If you look at big metropolitan areas, such as Los Angeles, Chicago, or Houston, it seems that high-rise apartment buildings are being built nonstop. These sleek glass and steel structures appear as if they’ve been lifted out of a postmodernist masterpiece. But despite the incredible appeal of these skyscrapers to renters and real estate investors, [...]