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When it comes to living spaces, size doesn’t always matter. Especially for young professionals, location is a more important factor than the size of the apartment as the cohort is more concerned with proximity to jobs, restaurants and other sources of entertainment, a recent RENTCafe report found. The proof is in the numbers with the average size of new apartments (those completed in 2016) now at 934 square feet, 8 percent smaller than those 10 years ago. Using Yardi Matrix data, the report examined changes in U.S. apartment size in buildings with at least 50 units...Continue reading »

San Jose, Calif.—By month’s end, ROEM is expected to complete its development of 200 new affordable rental homes at the $46 million Charlotte Park Apartments in San Jose, Calif. The units are 100 percent leased. The new housing is located on the former Hitachi Global Storage Technologies campus, near the intersection of Cottle Road and Highway 85, within steps of the Blossom Hill Caltrain station and the Cottle and Santa Teresa light rail stations. Charlotte Park is part of a 295-acre master-planned community to feature condominiums, apartments and attached townhomes....Continue reading »

Lane O’Bryon- On Sunday, I had the pleasure of playing a round of golf with my Dad as a gift from my wife for Father’s Day. We were chatting and he was asking how my business was going, and I said it was going great, and that I have been having some real great success in helping my clients obtain financing for their real estate investments through crowdfunding. “Crowdfunding?  What’s that?” was my Dad’s curious response. Now, I realize that he’s retired and the most important thing in his day these days is where they will go to dinner, but in case you...Continue reading »

Freaking Over the Thought of Rental Bidding Wars? Consider the power of one magic word: Transparency. The recent launch of Rentberry, a rental application and price negotiation platform, has caused quite a stir among the young, the old and the restless. Before you share that next hate post, we ask that you stop and consider the power of one magic word: Transparency. Definition of Transparency: able to be seen through easy to notice or understand honest and open, not secretive Source: Merriam-Webster’s Learner’s Dictionary While some are screaming foul, and claiming...Continue reading »

Recently I got an email from an Investor who had about 13 rental houses.  He was tired of being a landlord but was afraid of Dodd-Frank, finding Private Money, and finding enough great deals. So many people have the same fears so I took some time with my reply. This was my reply… The Dodd-Frank issue is paralyzing a lot if investors. In fact, a lot if investors are leaving the business. So, you can look at it like the glass is half empty or the glass is half full. I say the glass is half full! This business has been very good to me for two decades.  I still don’t...Continue reading »

Tee Lynnae runs a freelance real estate marketing company headquartered in Baltimore, MD but committed to serving clients throughout the country.  She has specialized in the marketing industry for over 10 years, and has a very successful Real Estate business of her own.  Her deep passion for marketing & diverse experiences in Real Estate has given her the vision, direction, and strategy required to help wholesalers, investors, and other real estate professionals reach the next level. I’m often called a ‘Marketing Genius”……..not necessarily...Continue reading »

(PHOENIX, AZ)— A Canada-based investment firm has just made a $41.5 million acquisition of a multi-property deal in Phoenix. The four-property portfolio boasts nearly 750 units between the cities of Phoenix and Mesa, according to Multihousing News. Marcus and Millichap’s National Multihousing Group in Phoenix says the portfolio has great geographic diversification. “These aspects, combined with the opportunity to enhance a significant portion of the unit interiors at each asset, will enable Western Wealth Capital to advance revenue while leveraging the...Continue reading »

As a real estate entrepreneur, you need to focus on doing the high-value tasks to build your business. One of the best and highest uses of your time will be having someone else deal with your tenants and toilets. Renters Warehouse is a professional property management service that helps everyday owners and investors like yourself rent and manage your real estate. Founded by Brenton Hayden in 2007, Renters Warehouse is one of the nation’s fastest-growing and highest-reviewed property management companies. Check out their website now Renters Warehouse offers an incredible...Continue reading »

(POUGHKEEPSIE, NY)—A 288-unit apartment complex in Poughkeepsie, New York has just been sold for $19.2 million. Mountain Brook Realty Holdings LLC secured a $19.2 million Fannie Mae loan through Hunt Mortgage Group to finance the acquisition. The Mountain Brook Apartments are comprised of 17, two-story apartment buildings featuring a nice mix of one, two and three-bedroom apartments. Steven Cox, managing director at Hunt Mortgage Group, says Poughkeepsie has a strong demand for multifamily housing. The complex offers residents a fitness center, clubroom, outdoor pool...Continue reading »

By Kathleen Gage— You’re finally ready to bite the bullet and invest money into Facebook advertising. Your goal is to find lots of people who will opt into your subscriber list and then jump at the chance to buy your products and services. You have a budget. You’ve hired someone who claims to be an ad expert. You have your landing page set. Your follow up messaging is ready. You sign the agreement, send a PayPal payment to your ad person and wait with excitement for business to explode. And you wait. And you wait. And you wait. Frustrated, you wonder why...Continue reading »