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 […]
May 2020
When do you decide to compromise your strict buying criteria? Crazy money chasing every halfway decent property, not getting deals, and you’ve been waiting for the big downturn to buy. Now the downturn has arrived, your powder is dry, and brokers are sending deals. But wait! These aren’t good deals. Sellers are reporting rent delinquencies […]
April 2020
Pursuing acquisitions has become difficult on so many levels, to put it mildly. Buyers have moved from years of having to play in a relentlessly hyper-inflated seller’s market, to a nearly complete absence of new properties being offered for sale. The virus has infected commercial real estate. Sellers and buyers don’t know how to price […]
February 2020
I just returned from Costa Rica. Lots of great scenery and warm beaches but what surprised me the most was the entrepreneurial people. I’ve not been a world traveler but have no doubt many developing countries around the world have similar qualities. They are people who inspired me and reminded me of what we’re capable […]
January 2020
A new year and a booming stock market. What a great start! We’re just going to keep rolling right through the election! Right? Read one expert and we’re all in on stocks. Read another and too much irrational exuberance, the market’s crashing. Getting back to numbers, which is what real estate investors do, we can […]
December 2019
Recession or no recession. Harmless or ruinous. Next year or 5 years. Who knows but keep in mind a few important trends. Millenials and Gen-Z-ers are renting rather than buying at astonishing rates. That trend is expected to continue. And commercial apartments have held their values significantly better than any other real estate class through […]
November 2019
The political silly season is almost upon us, which leads to the question we’re all asking ourselves: how does this affect my apartment investments! We can find indicators to point in all directions but we maintain a point of view that we are optimists. We know there is considerable upside potential given the continued strength […]