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Lance Edwards

Becoming financially independent through real estate investing isn’t an elite act. Anyone can do it, at any time—and more of us could be doing it than are, says best-selling author Lance Edwards, creator of the Multifamily Success and Raising Private Money systems. Over the last seven years, he’s taught hundreds of students how they too can build wealth with investments in small apartment complexes and multifamily housing. His book, How to Make Big Money in Small Apartments couldn’t have come at a better time. With hedge funds buying up large, full apartment complexes because they must move huge chunks of money—anywhere from $3 million to those costing hundreds of millions— small and mid-sized apartments are gold mines gone untouched. In between those million dollar deals and large apartment complexes, there is a revolving door of small and mid-size apartments available for investors just like you.

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The average apartment rent has grown a lot faster than paychecks for many households. By Bendix Anderson (NREI Online Article)  —  The U.S. continues to have a very bifurcated apartment sector. People who live in luxury, class-A apartments can often afford to pay more for their housing, but many property managers don’t dare hike the rents. That’s because...Continue reading »

While demand for multifamily housing remains strong, the sector faces a number of challenges, according to multifamily experts speaking at the National Association of Real Estate Editors annual real-estate journalism conference in Las Vegas.   By Robyn A. Friendman ( Article)  —  Fundamentals remain strong for the multifamily sector,...Continue reading »

Plus, the cities with the highest and lowest rent growth in April. By Lauren Shanesy ( Article)  —  The one-bedroom unit has long been the staple of the apartment industry, but two-bedrooms seem to be gaining ground. (Even three-bedrooms are growing in popularity—and necessity.) While rent prices for one-bedroom units across the nation...Continue reading »

At the National Apartment Association’s Apartmentalize conference in San Diego, experts shed light on generational changes, rent control and other crucial issues facing the industry.   By IvyLee Rosario ( Article)  —  With an estimated 4.6 million new apartments needed by 2030, the multifamily industry is going up against a...Continue reading »

Investors benefit by keeping rents affordable following renovations. (NREI Online Article)  —  Historically, multifamily investors would purchase an older property and completely renovate it — bringing it up to Class A standards. And, of course, realize the return on their investments by charging Class A rents. But there’s another trend we’re seeing...Continue reading »

Elysa Bergenfeld, partner at Ansell Grimm & Ansell, describes New Jersey condo law and explains that the most best resolutions are always fair and efficient.  Litigation ought to be a last resort, not a first one. It is expensive, it is burdensome, and when it involves a claim against a unit owner, it may well be counter-productive to the harmony and commonality...Continue reading »