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 CLICK PLAY BUTTON BELOW:
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
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.