Guys, people always ask about apartment renovations. Here are some images of the first unit we completed at South Mountain Square: And here the Matterport What do you guys think?
You guys, This episode didn’t make it into the original line-up for Season 1. It’s a 30-minute show, or so, and we had some connectivity difficulties on about 5 minute’s worth. We omitted it for the launch, but since have put it in. This episode is much too important not to include as it tees-up […]
Well, there’s “FREE” in the title. You must be excited…you just wait! If you pay attention to the content I put out, you must be aware that Phoenix Syndication Workshop is happening on January 26th & 27th. Please take a look at this page to find out the details (if you’ve been living under a […]
Another fantastic podcast. True to style, this is very in-depth, with lots of nuggets about multifamily, syndication, value-add strategies, cap rates, and more! Enjoy! Listen HERE Watch HERE
There is a lot of confusion as to how to evaluate the physical and economic condition of an apartment building or community. This will be short, but I think you’ll be able to visualize things more clearly. Due Diligence – What is it? Due diligence defined is very simply the process of validating the physical […]
Ladies and Gents, I announced last week that: All Registrations for the Phoenix Syndication Workshop processed prior to October 15th will Receive the PSW Underwriting Model. 3 DAYS LEFT This powerful spreadsheet goes away after the 15th!
There are 2 basic approaches to structuring a partnership. One is a democracy and the other is a limited partnership. What Is a Democracy A democracy [artnership is one in which all of the members are voting members relative to all aspects. In a democracy, you can not limit other partner’s voting power – everyone has […]
You know that guy with a megaphone, standing atop of a makeshift platform, preaching at the crowd? You’ve read about that guy. You’ve seen him in the movies. Do you know that guy? Well, I am that guy—or at least that’s the way I feel. And what I am yelling into that megaphone goes something like […]
I will not buy small property – period! Why you may ask. Because it’s too risky! Two Basic Due Diligence Tasks When buying an apartment building we have two basic tasks relative to the due diligence. One – we have to underwrite the rents very precisely. Two – we have to underwrite expenses very precisely. […]
One of the absolute key advantages of the multifamily real estate is the valuation mechanism. Unlike single family which is valued by way of a process which looks at the sales price of like houses, the value of multifamily resides in the income – the more the income, the more the value. A simple way to […]
Ladies and gents, SEO is not all that important to me. I am out of that game. But, having said that, I do want Google to pick some of these articles up. Forgive the title – it’s beneath me, but it’s just right for Google bots 🙂 Is It Better to Buy Real Estate in […]
How much value-add do you need? I get this question a lot. Basically, it goes to the core of what is a good deal. Let’s shine some light on this briefly. Some theory first Let us underscore in simple terms why we need value-add to begin with. There are two profit centers when it comes […]
I have a dear friend. His name is Darren Sager. His is the first text of the day – each and every day. I wake up, and there it is, on a three-way text thread with him and Brandon Turner. The text starts out the same way each time: Good morning gentlemen… And then, most days, […]
I am deciding to change things up a bit on this blog. Long gone are the days when I cared about SEO rankings and wrote humongous five thousand word posts. Don’t care anymore. My life is different now and moves much quicker than it used to. But, I still want to teach! How Will I […]
Hey guys, thoughts you might like this 🙂