Real Estate Investing is Better Than The Stock Market Why I Like Real Estate Over The Stock Market Years back I would get repeated sales calls from New York stock brokers, soliciting my business and recommending stocks, hoping to make a commission. I own few stocks now, but I’m always interested in learning new things. […]
Closing Costs on Multifamily Properties Closing costs on multifamily purchases can be numerous. The Closing costs on multifamily will also differ depending on the specific property and circumstances surrounding the deal. I emphasize circumstances because the due diligence and purchase period can be fluid. Unanticipated closing costs can arise from different and unexpected sources. As […]
Omar Ruiz, apartment investor interview to talk about his experience. This is a previous apartment investor interview done for educational purposes. The following subjects are covered in this educational interview that will help other apartment investors: His experience as property manager and apartment investor How he started How he bought his first property using hard […]
How to Finance Multifamily Property Unless you plan to forego the benefits of using leverage and pay all cash for property, you need to understand how to finance multifamily and apartment properties. There are various options available with their advantages and disadvantages. In this article I’ll reference my personal path beginning with hard-money lenders to […]
What is A Momentum Deal vs. Reposition Deal in Apartment Investing In apartment investing there are differences on the types of deals available. There’s generally two categories: momentum deals and reposition deals. Most brokers will refer to these terms as performing deals or non-performing deals. This article describes the difference between them. Momentum Deals A […]
Analyzing Income for Apartment Investing In apartment investing analyzing income items that compose total income is important. Becoming good at analyzing income involves being competent at reading an income statement and rent roll. Good income analysis provides clues to how apartment operations are run. You’ll be able to build a story by the way revenues […]
It’s Important to Protect Your Credit in Apartment Investing In our apartment investing business it’s important to monitor personal and business credit. A good credit score is necessary to get the best loan rates. I’m confident on our internal controls; however, I get concerned when other company’s get hacked. Every announcement of a company getting […]
Omar Ruiz – Apartment Investing Interview Omar Ruiz of LeRu Investments talks about his experience in apartment investing. The following subjects are covered: Purchasing an apartment Due-diligence Researching the market and competition Reviewing financial statements Using demographics data to know the market What to consider for utility expenses My biggest mistake Read the previous blog […]
The Big Expense in Apartment Investing Apartment investing involves managing and reducing costs. Effective apartment operations seek to minimize costs by reducing expenses that management controls and create solutions to those that are uncontrollable and unexpected. When investing in apartments, one of the biggest operating expenses that management has the ability to control is unit […]
Real Estate Investing Technology Changes Rental Listings In Real estate investing it’s important to lease up rental units as soon as possible to generate revenue and create cashflow. A few years back we had an interesting experience during a time we had properties vacant in two different demographically contrasting regions. It also happened during the […]
