Due Diligence For Multifamily Investing Explained
One of the most important and earliest tasks for the general partners in multifamily syndications is performing due diligence. This term refers to all of the deeper analysis you conduct once you have a property under contract. Your goal is to confirm your assumptions about the property as well as make sure there are no […]
Class A, B, C, and D Multifamily Classes Explained
What does it mean? For those of you just getting started in multifamily investment, you’ve probably heard terms like “class B” property thrown around casually. It’s probably obvious to you that a class A property is better than a class B property based on the report cards we all grew up with in school, but […]
5 Reasons Why All Real Estate Investors Need a Great Transaction Attorney
Experienced real estate investors have a team of attorneys that they will go to time and time again for every new investment. Some of the more “exotic” attorneys make their usefulness very obvious from the beginning. We’re talking your zoning attorneys or your securities attorneys here. If you’re trying to get a development project entitled […]
10 Tried and True Real Estate Investment Strategies Explained Part 2
In our previous article we discussed five common strategies that have allowed people to achieve wealth and financial freedom through real estate investing. Today, we are going to continue detailing five more strategies that you can use for your own investments. Remember that some of these categories have some overlap with one another. These aren’t […]
10 Tried and True Real Estate Investment Strategies Explained Part 1
There are lots of different ways to make money in the real estate industry. When people get started in real estate, they typically have some idea of what direction they’re moving in and what kind of real estate professional they want to be. Some people, however, might not be so sure. Maybe you’re one of […]
Flex Space Commercial Real Estate Explained
https://www.youtube.com/watch?v=emAlF6v3Q28 One of the commercial real estate asset classes that has drawn increased focus in recent years is flex space. The “flex” in flex space refers to the word ‘flexible’ because these properties are easily adaptable through tenant improvements for a variety of tenant types. While these are typically single story structures that have an […]
The Importance of Honesty and Integrity in Real Estate
Charlie Munger, Warren Buffet’s partner and a beloved fountain of business and life wisdom once said “Tell the truth, tell it fully, tell it fast.” We live in a cynical world where our perceptions of the most wealthy and powerful individuals are inevitably those who lie, cheat, and steal their way to the top. There […]
Offer and Contract Contingencies for Real Estate Explained
Whether you’re buying or selling real estate, it’s very important to understand offer contingencies for your transactions. Contingencies are clauses written into your offer and purchase and sale agreements. They essentially create rules that both parties have to follow, or the contract becomes null and void. Buyers want to make sure that they are making […]
5 Tips and Considerations for Long Distance Real Estate Investing
With more people looking to achieve financial freedom through real estate investing, strategies that were previously only used at the highest tiers of investment are being researched and employed by regular Joe and Jane investors looking to make their way in a competitive market. One such strategy is investing remotely, outside of your state or […]
The Importance of Patience in Negotiation for Real Estate
If you’ve been in the real estate game long enough, you’ll eventually have to learn the art of patient negotiating. This might be counterintuitive for those of you who have been investing in smaller scale real estate in hot markets. That’s fine, as that was also our own experience. When you’re starting out, you’re likely […]