Multifamily French Fries (A Fragmented Marketplace)

May 14, 2012

Everyone has a opinion about who makes the best french fries. But McDonald’s buys more potatoes and sells more french fries than anyone. The 50 biggest multifamily owners control less than 1% of U.S. housing. The multifamily marketplace is a very fragmented industry.

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Property Management and the Rule of Law

May 8, 2012

There are people in every community that believe the rule of law applies to everyone except them. Although we cannot control the world around us we can and should help those than cannot help themselves.

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21 Questions: On Real Estate Site Data

May 1, 2012

Answering these twenty-one questions about a real estate site will provide an excellent “snapshot” of a specific location. As a buyer of real estate, these questions are imperative to understanding the “place” and its surroundings.

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Selling Multifamily: Five Hard Exit Strategies

April 24, 2012

In today’s environment selling a multifamily asset can be a tough nut. Why? Selling multifamily today is difficult, primarily, because people fail to recognize the time and complexity of the process.

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Multifamily Construction Starts and Household Formation

April 17, 2012

As job creation returns people leave living arrangements with family members caused by recessionary pressures.This increase in household formation will place pressure on multifamily demand.

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New Training Available from National Apartment Association

April 16, 2012

National Apartment Association Education Institute’s (NAAEI) offers CAM, CAMT, NALP, CAS, IROP and CAPS professional designations. Each provides a great way to build on your industry knowledge and to demonstrate your expertise to others in the profession.

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Top Ten Reasons to Own Multifamily

April 9, 2012

Why own apartments? . While real estate investing is a contact sport with numerous pitfalls the rewards can be enormous. Positive outcomes require patience, expertise, access to capital and time with equal emphasis on all of these. Following are ten reasons to own multifamily

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(ELECTRONIC) RENT: Smash Hit Now Playing at a Property near You!

April 3, 2012

If a property manager wants to make operations more efficient and cost-effective by offering electronic rent payment to tenants, now is the time. The chosen vendor’s platform should be what works for the tenants, management company, staff, and the local situation.

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Property Management: The Elements of Fire, Ice and Water

March 20, 2012

The elements like heat, snow, water and ice take a terrible toll on property assets. They are a constant, never ending source of pressure that can only be deflected, but never full addressed.

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Multifamily Acquisitions and $4 Gasoline

March 13, 2012

The price of gasoline impacts every part of our lives from the food we eat to the cars we drive, our selection of a place to live and the multifamily acquisitions candidates we choose to review. Food, fuel, shelter are three unavoidable costs related to the “carbon footprint” of our existence.

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Portfolio Building: Going (bigger) from Single-family to Multifamily

March 13, 2012

John Wilhoit was a featured speaker at “Bigger Pockets” Conference in March 2012 in Denver. Click the link in this blog post to download his PowerPoint presentation.

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In Property Management “Real Life” Listings Matter

March 8, 2012

Real life listing still matter for obtaining new leases. As our culture becomes increasingly more web based, it’s easy to focus advertising listings all online. Services such as craigslist and social media are great tools to use but they do not need to be the end point for your tenant seeking pursuits.

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Multifamily Acquisitions: Finding the Perfect Purchase

March 5, 2012

In real estate investing, finding the perfect multifamily asset to purchase has little to do with the actual real estate. Blink blink. What? No, really. Why? This is because any particular piece of real estate is only as important (read; as valuable) as the content of its surroundings.

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John Wilhoit, Jr. Releases Multifamily Insight Book on Amazon

March 4, 2012

Multifamily Insight Volume 1 is available on Amazon March 6 and in book stores this summer! By request from our loyal readers, we have taken our most popular posts and cataloged them into a single paperback title for easy reference.

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Four Pillars of a Quality Mortgage

February 29, 2012

Real estate finance can be a complicated mistress. We tolerate all types of madness for the sake of getting the deal done from personal guarantees to excess reserve accounts. At the end of the day, all we want is a loan that works, a loan that fits our investment style. How hard can that be?

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Paths to Careers in the Apartment Industry

February 28, 2012

As we celebrate Apartment Careers Month, the National Apartment Association recently asked its Facebook fans to share how they first entered multifamily housing. Below are just some of the stories they shared with us.

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Real Estate Investing with a Sense of Purpose

February 22, 2012

What does real estate equity and jet fuel have in common? Both can evaporate before your very eyes! Equity is the rockcet fuel of real estate investing.

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What Google and Intel Know About Real Estate Investing

February 14, 2012

What Google and Intel know about real estate Investing is there is a certain cross section of skills necessary to optimally run a business. The people they seek must have certain cognitive and social skills to fit into their respective organizations with abilities in extraction, working with data and teamwork.

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Bernanke, Congress and Housing Policy

February 7, 2012

In testimony before Congress, as commentary about how government policy, or the lack of it, is affecting the general populous, Bernanke commented “this is no way to run a railroad”. Let’s discuss Congress, the Federal Reserve and housing policy.

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Top 10 Worst Property Management Mistakes

January 31, 2012

Here is my top ten list of property management mistakes. If a number of these mistakes is occuring with your assets it is probably time to look for new management, first to stop the damage… .

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