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
Multifamily Workshop – How to Invest in Multifamily and Apartments On June 24th the LeRu Investments team hosted a multifamily workshop in Santa Ana CA. We showed attendees the trends for multifamily housing and how they can get started – See photos below. We went through deal analysis and planned to talk about due-diligence but
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 a unit in one of our apartments in California. We received
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 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 construction, level of upgrades and amenities.
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