Multifamily Appreciation: Finding the Baseline

January 29, 2014
Multifamily Appreciation: Finding the Baseline

How do we forecast or project real estate appreciation levels? Is there a single measure that can provide quantitative authority on the subject?

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Multifamily Demographics: the ABCs of FTEs

January 21, 2014
Multifamily Demographics: the ABCs of FTEs

An FTE is a “full time employee” or full time “equivelent” employee. When reviewing job creation we want to know the total number of FTE’s that an employer is bringing into a community.

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Multifamily Financing: Finding Perfect Leverage

January 8, 2014
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Perfect leverage means different things to different people. The best financial leverage to place on an asset is financing that promotes an alignment between the objectives of ownership and the financial needs of the asset.

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Multifamily Insight’s Most Popular Post of 2013

January 2, 2014
Multifamily Insight's Most Popular Post of 2013

  Following are the five most popular post for all of 2013. It’s an interesting mix. The top two are right in our every day sweet spot about growing revenue and controlling expenses. Thank you, our loyal readers, for your support, feedback and continued interaction that allows for this forum to expand and make an […]

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Owning Real Estate When Inflation is Zero

December 23, 2013

The year 2013 may be the first year on record when the U.S. inflation rate is registered at zero. The closest we have come to the goose egg in recent times was in 2009 when the official inflation rate was 0.1%.

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Multifamily Demographics: Creating a Sense of Place

December 16, 2013

Where did you grow up? Urban or rural there is a place (or places) that make you think of home. What are they and what do they represent? Collectively, they are more than just a single address.

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Property Management: What is the Composition of Your Ancillary Income?

December 10, 2013

Of course you know your revenue sources- rents and other income, or ancillary income. But what’s the next level of analysis? Is each source being maximized? Does your stated lease rent match collections on the rent roll? How many ancillary income sources do you presently utilize? What can you add?

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Multifamily Acquisitions: Five Deal Questions

December 2, 2013

This post is a departure in that these “deal questions” I am asking you to consider have little to do with the nuts and bolts of buying a multifamily asset; they are specific to your long-term strategic thinking about your purchase.

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Property Management: Multitasking versus Delegation

November 19, 2013

Multitasking has limited value in our business as compared to delegation. In too many instances these two management tools are confused with multitasking gaining credit when delegation is the real productivity engine.

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The 1031 Dog That Has Yet To Bark (Again)

November 9, 2013

According to an article in NREI there were $4.1 Billion dollars in 1031 exchanges in 2007. In 2010 that number was $1 Billion dollars. While it has inched up since, it is nowhere near pre-recession peak volume.

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Connecting Rent Growth to Job Growth

October 28, 2013

Are you looking for rent growth? Follow the jobs. It seems like such a simple concept. Then we remember that jobs are mobile too and the theory becomes a little more ethereal.

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What is a Rent Roll?

October 21, 2013

When buying a rental property you are in essence buying the rent roll and the monthly income that comes with it. There is no room for the word “if” in due diligence of rental property acquisitions. There is too much money at stake. And if you are buying rental property, then the money at stake is probably yours.

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Property Management: Disrupting Vacuam (Vacancy)

October 8, 2013

Vacuam is Latin for empty space. In the property management business we live and breathe around occurrences of empty space. How do we disrupt vacancy? The first order of business is to determine the source of vacancy. Next, we need to know average vacancy, then aggregate vacancy.

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The Multifamily Footprint in The United States in 2013

October 1, 2013

What percentage of the housing stock in the United States is represented by multifamily? In a country of over 314 million people fully one-third live in rental housing. So how many multifamily dwellings are there in the United States, really?

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Multifamily Acquisitions: Local Market Knowledge

September 23, 2013

When reviewing real estate for purchase there are varying types of local market knowledge; knowledge of the physical asset, the property around the physical asset, knowledge about the market, the submarket and the people who live and work close by. How deep is your local market knowledge?

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