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 [...]

A Primer to Repositioning Single Family Homes

Even though I’ve built my career on rehabbing and repositioning large, multi-family apartment complexes, I’ve always remained fond of single-family homes. After all, there is plenty of opportunity for renovating and reselling single-family homes--to the point that there are many articles, TV shows, websites, and magazines that have covered the topic. And renovating (and then [...]

All About Equity, Part 2: Sources of Equity

In the previous installment, I discussed the importance of equity, as well as a few time-tested, tried methods for attaining it. But to be honest, the process of attaining equity can be a diverse one; depending on your individual personality, your route to investment equity may look a lot different than mine. Further, I’m also [...]

By |2017-09-06T17:50:14+00:00September 5th, 2017|Categories: Blog|Tags: , , , , |

Why Mid-tier Properties Are the Future

During the second quarter of 2016, the homeownership rate in America fell to 62.9%—the lowest it’s been since 1965. The reasons for this decline include a mix of factors, including the lingering effects of the 2008 financial crisis, strict lending regulations, and expensive real estate costs in major cities. Other experts also cite things like [...]