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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.

A conceptual project from architecture firm KTGY and the NMHC takes a needs-driven look at how multifamily communities will live 10 years from now.   By Lauren Shanesy (MultiFamilyExecutive.com Article)  —  Ten years from now, digital voice assistants like Siri and Alexa may evolve to come to life in hologram form. In 2012, a start-up company launched...Continue reading »

Product type, income, affordability, and bedroom numbers all influence the number of children in a community.   By Mary Salmonsen (MultiFamilyExecutive.com Article)  —  Based on a survey of New Jersey’s real estate owners and multifamily property managers, The Center for Real Estate at Rutgers Business School has found a strong relationship between the...Continue reading »

The Federal Open Market Committee announced the second short-term interest rate hike this year, prompting industry professionals to give their take on the possible effects this might have on the lending process.     By Timea Papp (MultiHousingNews.com Article)  —  In a predominantly steady economy, real estate players have been gearing up for the next...Continue reading »

Being aware of potential issues during this process can help make or break your efforts when it comes to updating a community. Here are four tips to keep in mind while implementing a capital improvements plan.   By Chris Plato (MultiHousingNews.com Article)  —  You have acquired a new community and now it’s time to renovate. Problem is, several challenges...Continue reading »

When management approves a request for a disability-related reserved space, it is also management’s responsibility to “protect the space”—which means enforcing the reservation by towing anyone who parks there if they are not the person authorized to park in that space. By Doug Chasick (MultiHousingNews.com Article)  —  Remember that when you assign...Continue reading »

By running buildings on autopilot, management teams miss opportunities to provide better services to their residents as well as to collect additional income.   By Adam Frisch and John Ambrosini (MultiHousingNews.com Article)  —  One doesn’t have to search New York City for long to find examples of less-than-acceptable management practices in residential...Continue reading »