Prospect Tenant Complains About Their Slumlord Property Manager Wikipedia defines a slumlord (or slum landlord) as a derogatory term for a landlord, generally an absentee landlord, who attempts to maximize profit by minimizing spending on property maintenance, often in deteriorating neighborhoods. We recently rented one of our apartments. After it was rented, we received a […]
Podcast for Upland Advice Givers about Real Estate Investing Joe Hamilton from Upland Advice Givers interviewed Jeffrey and I about real estate investing. We talk about how we transitioned from employees to investors. We actually did not start off investing, but rather as property managers. While this is the route we decided to take, I […]
Apartment Classes – What Class of Apartment Investor Are You? It’s important to know the different apartment classes. The classification method for apartments (commercial real estate in general) is based on the letters A, B, C, D. It’s meant to distinguish between different types of properties. This classification method relates to the properties age of […]
What the Crisis in Venezuela Teaches us about U.S. Real Estate Markets A recent USA Today article dated May 26, 2016 reports on the difficult situation in the country of Venezuela. While reading this article it made me think about some of the cities in the USA. I started thinking about the similarities in the way […]
Real Estate Market Cycles Presentation June 18th Do you wish you bought real estate in California when it was able to cashflow, between 2009-2013? Do you know why real estate values in California spiked soon afterwards? ITS THE REAL ESTATE MARKET CYCLES! But guess what? The same cycle that California went through, happens in every other market […]
Millennials are likely to be a generation that prefer renting for most or all of their lives. I had an experience a few months back at the movie theater that involved an interesting conversation between a mom and her daughter, that was in the millennials age group. After watching the movie “Big Short”, which chronicled […]
Verifying Repair Credits Negotiated On Apartment Investments During our recent acquisition I negotiated repair credits from the seller and in this video I talk about how we went about verifying those repairs. During the due-diligence period I performed an inspection of all 77 units of this apartment complex. I made notations and took photos of […]
Apartment Investment Due Diligence – Learn the specific activities to be successful during due diligence. If you want to learn about multifamily and apartment investment due diligence, join us on Thursday February 18th in Newport Beach Click this link for location and to RSVP. http://www.meetup.com/MultifamilyandApartment/ If you are interested in getting a multi-family property or apartment […]
From investing in New York Apartments to California notes and beyond. We’re excited to have Andy Mirza, an experienced real estate investor. He has participated in Apartments, Multi-Family, Duplexes, Sixplexes, Condos, Single Family Flips, Mobile Homes and Non-Performing Notes. Interview with an experienced Real Estate Investor on Thursday January 7th Andy Mirza has been a […]
Real Estate Market Cycles Presentation November 19th Market Cycles Presentation – At LeRu Investments LLC, we are cash flow investors first, but how do we reap the benefits of an appreciating market? By knowing where we are within the Market Cycle. On November 19th, 2015, Omar Ruiz will be presenting an overview of the different […]
