Friday October 20th 2017

Join Us On

join the IRREIA linked in group

‘Neighborhood Analysis’ Archives

Housing Market Trends – New Report

Housing Market Trends – New Report

2010 continues to be full of interesting news for those of us in the rental business and especially multifamily.  Here are facts to get your attention: 50% of new household formed over the next decade will be multifamily.  Please note that this is multifamily and not rental alone. By the end of the decade home ownership will be less than [...]

IRREIA is Proud to Sponsor Our New Book Coming Very Soon

IRREIA is Proud to Sponsor Our New Book Coming Very Soon

IRREIA is in the final stages of publishing our first Ebook for our readers and members.  This volume offers over 250 pages of actionable ideas to improve your investing and property management skills and results.  Divided into 7  sections, the  book covers: Developing investors, Investor communications, Reducing operating [...]

Growing Revenue in Multifamily – The Ten Percent Rule

Growing Revenue in Multifamily – The Ten Percent Rule

I've included an article by John Wilhoit in my post today.  Before jumping into John's article, I'll add I've had great success with this  process to increase occupancy and to increase revenue. A couple quick examples stand out for me.  John presents the idea of furnished units.  We took advantage of this with minimal furnished units [...]

Rent Trends and Renting Ideas

Investors will find Mike's article interesting as we consider investment alternatives. __________________________________________________________ In a recent survey completed by Rentbits dot com of 1000 people were who were in the process of finding a rental home, people were asked a series of questions about their process of finding an [...]

A Plan to Complete a Successful Residential Investment

A Plan to Complete a Successful Residential Investment

Many investors become put off completing an investment by the details of completing the process.  This week we are adding a page to help prospective investors "Eat the Elephant".  Like the old adage says, the elephant is eaten one bite at a time. To complete an investment, there are some distinct steps to wade through.  Unfortunately, this [...]

Market Information Protects Your Investment

Market Information Protects Your Investment

The smart investor will spend excessive time and effort collecting market information.  Market information allows the investor to place cash  in front of a trend.  Trends protect the market value of your investment. In the case of one property, I purchased.  The previous owners had not conducted regular market studies over the course of [...]

Analyzing the Draft Appraisal and Preparing Information for the Final Document

Analyzing the Draft Appraisal and Preparing Information for the Final Document

Managing completing an appraisal is often undermanaged by investors.  There are many considerations and actions investors must oversee during the appraisal process.  Steps prior to the appraisal, during the appraisal, and in preparing the final document is not a fire and forget exercise. I will provide a checklist for our members of items to [...]

Checking Out the Neighbrohood Can Assure Cash Flow Success

Checking Out the Neighbrohood Can Assure Cash Flow Success

Investors often don't spend enough  time analyzing the neighborhood's potential impact on the  proposed investment.  Some tips I  recommend are: Spend time touring and understanding the  neighborhood, Checkout the crime factors, Assess shopping, Assessing employment, Look at the local demographics Check out the schools For [...]

What Do You Think of This Project?

What Do You Think of This Project?

I often have projects thrown at me with this question.  Obviously, a one pager or even a complete marketing package is not enough to realistically make any firm position on a project in most cases. Purchasing rental residential or multifamily is a complex task as discussed during previous posts.  That said, if a project value is high enough  [...]

What Is Good Due Diligence?

Effective due diligence is information collected prior to purchasing a property that accomplishes the following: Results in changes to the business plan resulting more rapid increase  in revenue. Results in changes to the business plan resulting in greater final revenue than was anticipated. Results in changes that assure the project is fully [...]

 Page 1 of 2  1  2 »