The Importance of Business Plans When Buying Investment Real Estate
Your investment real estate deserves to be treated as a business. Therefore, you should create a business plan for any potential rental property purchase. That’s what I do.”
Your investment real estate deserves to be treated as a business. Therefore, you should create a business plan for any potential rental property purchase. That’s what I do.”
There are many measures used to estimate and compare the values of investment real estate: Cost per square foot, cost per unit, gross rent multiplier and a CAP Rate are some of the most common. This month, I’ll talk about how to use the CAP Rate estimation of value.
Should you buy Apartments, NNN Leased Investments, or both? It depends on what your investment goals are: This month’s article will explore this question for you.
Partial Interest Properties can be a great way to diversify your real estate portfolio. Buying out of state becomes easier, as does buying different asset classes such as NNN Leased and Industrial.
For 20 years, I’ve advocated buying apartment properties in growing metropolitan areas. If we are in the Apartment renting business, I think we have a better chance of success if our pool of potential renters is growing every year.
I’m asking my clients “Would you buy your property for what it’s worth today?” If their answer is “no, way!” my reply is; “If you think the value is too high, then why not sell?”
Understanding the difference between Assets and Equity can help real estate investors immensely.
I am always working with my clients to find the right properties for them; the investments that will best fit their personal risk/reward objectives.
As a tax-advantaged investment and 1031 Exchange expert, I was intrigued when I first heard of Opportunity Zones.
A discussion of how giving your real estate portfolio geographic diversity through buying out of state properties can be attractive.
This month, I’ll be continuing my “Investment Real Estate Principles” series by discussing an important financial theory: The Time Value of Money.
I suggest that any “real estate expert” who utters the phrase “location, location, location” really isn’t one – or they’re just trying to sell you something.