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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.

Retrofitting smart home amenities helps older properties compete. By Joe Bousquin (MultiFamilyExecutive.com Article)  —  As director of operations at Baton Rouge, La.-based A.C. Lewis Management, Mackenzie Sanders sees her job in no uncertain terms. “We’re in the middle of an amenity war, and brand-new properties hold the high ground,” says Sanders,...Continue reading »

Metros with robust job growth and competitive land prices are an alternative to gateway markets, writes Paul Rahimian, CEO of construction lender Parkview Financial.   By Paul Rahimian (MultiHousingNews.com Article)  —  Although we have been seeing signs over the past couple of years of a slowdown in construction starts for multifamily projects in...Continue reading »

Occupancy is at the highest level in years, but an economic downturn combined with high level of construction might be a threat.   By Bendix Anderson (NREI Online Article)  —  The apartment sector is the strongest it’s been in years, according to industry experts. “Terrific absorption has pushed occupancy upward to highs for this economic...Continue reading »

Affordable housing, at its core, is about the building and strengthening of human capital, says Flynann Janisse of Rainbow Housing Assistance Corp. By Flynann Janisse (MultiHousingNews.com Article)  —  Many parts of our country are suffering from a crisis due to lack of affordable housing. Contrary to popular opinion, it is not limited to particularly...Continue reading »

Renting remains strong, but deal activity is down. By Scott Sowers (MultiFamilyExecutive.com Article)  —  Recent reports chronicling the economic condition of the multifamily marketplace at midyear shows a mix of good and bad news. According to Berkadia’s National Trends Multifamily Report for Second Quarter 2019, the current occupancy rate is 95.7%,...Continue reading »

The Intrepid Fallen Heroes Fund – A Discussion with Organization President David Winters When Lance Edwards launched his new book As It Should Be, he agreed to donate 200 percent of the proceeds generated on its first day to the Intrepid Fallen Heroes Fund, a top non-profit that serves America’s veterans. He has currently donated $10,00 to the organization. The Intrepid...Continue reading »

By Debby Jenkins (NREI Online Article)  —  At the start of 2019, Freddie Mac’s Multifamily Outlook forecast a continuation of the strong and stable market we have experienced throughout the past few years. We anticipated that new supply in certain markets would remain elevated because of the healthy construction market, demand for multifamily units would remain...Continue reading »

Market conditions and rent-restrictive housing policies stand in the way of new starts for many developers. By Chris Wood (MultiFamilyExecutive.com Article)  —  Kyle Bach never figured on a bat cave being one of the things he’d have to deal with as an apartment and student housing developer. In 2018, the CEO and president of The Annex Group had closed...Continue reading »

Less square footage is tied to lower vacancy for one-bedroom units. By Sebastian Obando (NREI Online Article)  —  Smaller apartment units are outperforming units with more square footage on rent, prompting developers to increase the number of smaller one-bedrooms in their projects, according to industry sources. The smallest 25 percent of one-bedrooms...Continue reading »

Property managers and leasing agents often work alone. How can companies help empower and protect these employees in potentially dangerous situations? By Joe Bousquin (MultiFamilyExecutive.com Article)  —  In January, Realtor David Stokoe, 40, the father of four, went to an apartment he owned in Salt Lake City to reportedly try to evict the tenants. He never...Continue reading »