Thursday October 19th 2017

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‘07 - Operations’ Archives

Creative Idea for Managing Rent Payments from an AAOA

Creative Idea for Managing Rent Payments from an AAOA

This is a very  interesting article from the American Apartment Owners Association Blog that may  help resident payment management. ________________________ Q: I have come up with a way to motivate people to pay their rent on time, and I’m wondering if it’s legal. In addition to my late fee, I’d like to say that tenants may not use [...]

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 [...]

Check out the New Management Agreement Template

Check out the New Management  Agreement Template

Are you providing management and need a contract?  Do you need a contract to compare to a providers offer?  This template will help you keep this effort under control and at the  same time  protect all parties. This management agreement successfully provided for management of over 1,000 apartments.  You should be able to make this serve [...]

Managing Cost Challenges Investors

Managing Cost Challenges Investors

Investors often fail because they can't overcome the cost management challenge.  This recent article I prepared on Ezine Article Dives further into the subject.  If you have questions and or would like to achieve more, send me an email and I'll help with specifics...blake@irreia.org _________________________________________ Rental [...]

Investors’ Property Management Book Thoughts

Investors’ Property Management Book Thoughts

Lately, I've been working at the idea and content for an Investors' Property Management Book. I've read a number and reviewed a lot more books on the subject. Unfortunately, they all (that I've identified) end up being books for property management by career property managers. Or on the contrary, the end up focusing on how to make millions [...]

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 [...]

Services and Support

Services and Support

IRREIA begins offering due diligence services, business plan support, market study report, and other services today.  Our proven experts provide money saving, risk mitigating, return boosting support for your project needs. Due Diligence Reports and Visits, Executive Summary Preparation, Business Plan Preparation and Review, Financial [...]

Professional Property Management

Professional Property Management

Professional management often gets a bad rap.  The reasons are clear.  Management company's can quickly run up expenses and are always focused on their fees.  While these are issues, this is not a reason to avoid professional management.  Instead this is a reason to more effectively manage your manager. Managing the manager begins with [...]

New Investor Group

New Investor Group

We will soon begin having meetings forming a new investor group.  The group will have the opportunity to see and participate in investments vetted by our team as well as assembled by affiliated members. To join, members will have to provide specific information.  Investments will have to adhere to specific criteria to be presented.  [...]

Cushman and Wakefield’s March 31 Capital Report Summary

Cushman and Wakefield’s March 31 Capital Report Summary

Cushman and Wakefield's report presents a picture of major markets on the rebound with  cap rates moving quickly in favor of sellers.  Additionally, C&W reports that spreads are narrowing somewhat  as well.  At the same time, C&W  points to a growing spread in cap  rate disparity between 1st tier and 2nd tier markets.  Is this the [...]

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