June 2021
I’ve become a big fan of podcasts, specifically for apartment investing. They’re a great distraction when I’m working out or spin-cycling. They always seem to provide me with at least one insight on virtually every episode, some more than others. I tuned into one on BiggerPockets recently about gift-giving in the business world – phenomenal […]
May 2021
It is absolutely incredible how today’s bidding wars for houses has become so out of hand. Twenty, thirty offers? Twenty percent over asking? Where are these people coming from? And no longer just San Francisco and Seattle. But look at what’s going on in U.S. markets today. People are fleeing the pandemic, moving out of […]
March 2021
Time to travel to your markets. Planes are safe, businesses are opening, and except for some late-winter snows and storms, the coast is clear. I have spent some time in recent weeks making site visits to properties I’m interested in. One in particular was right after the big freeze that swept through south-central U.S. I […]
February 2021
What does late winter, early spring mean to apartment owners? Time for optimism? Turning over a new leaf? I have seen three major events I can consistently look forward to each year at this time. Landscape improvements is one. Planting flowers and bushes and refreshing beauty bark, pool preparation. Maybe not in February but it […]
December 2020
December always seems to be a time of waiting. Whatever happened during the year, we think it will change in January. This year many of us have that feeling even stronger than in the past. New election, vaccine, end of eviction moratorium. Come on January, February, March, we need the changes you’re bringing. Don’t extend […]
November 2020
Are you seeing more properties become available? We have, and it is encouraging. Owners still want more than the properties are worth, but with options come opportunities. Love it! A little bit of improvement in clarity on the future after an election helps, and a feeling of plans put on hold for too long helps […]
October 2020
This has to be one of the most unique time periods we’ve experienced for real estate investing. So many events are swirling around us now, coming together in the next few months. We have an election that may radically transform the way we do business. A virus pandemic that will come to an end soon […]
September 2020
Six months ago we thought the pandemic would be mostly gone. Summer weather would mean we’re outside and not spreading the virus, medical research would produce a remedy, and we would all have changed our behaviors to prevent the spread. State and local governments restricted evictions but Fannie and Freddie offered borrowers forbearance. Once we […]
July 2020
Haircuts. Restaurants. Meetups. Camping. Open, closed, or something in between? How our states control these activities in a global Covid pandemic is informative. Would you like to invest in a state that has businesses closed? Or one where they are moving quickly to return to a pre-Covid normal? Are there more favorable business opportunities in […]
June 2020
Are you ready to invest based on what the world will look like when the pandemic is over? Most of us, including myself, believe the world will not return to normal postpandemic, and a new normal will emerge. Here a few thoughts. People may migrate out of cities so they can be away from crowds […]