Operations
Your operations define your long-term success in real estate investing. Fine-tune your process with: Asset Management | Asset Protection | Deal Analysis | Fundamentals | Growth | Lead Generation | Risk Management
Back To: All Topics
Operations
Your operations define your long-term success in real estate investing. Fine-tune your process with: Asset Management | Asset Protection | Deal Analysis | Fundamentals | Growth | Lead Generation | Risk Management
Back To: All Topics
Case Study: A Unique Master-Planned Subdivision Investment
The U.S. population is growing, households are forming, and yet, there is a shortage of residential housing. This supply/demand imbalance is driving property values up, creating a unique opportunity for developers. However, builders are still gun-shy after the housing meltdown of 2008. As such, many are avoiding the development of ...
Behind the Scenes: Commercial Real Estate Conversion
PROJECT BREAKDOWN Purchased: July 2015 Opening Date: January 2017 Investment: Just under $2 million Payoff: + Corporate campus bringing 65 full-time jobs from ZIP code 38117 to 38122 + Host location for small businesses, church plants, and job trainings + Local area beautification Difficulties encountered: - Upgrading all major systems ...
Regional Real Estate Spotlight: Southern California
Southern California, often referred to as SoCal, is defined in many ways. You can use the term to refer to California’s 10 southernmost counties. You could use it to refer to the geographic area surrounding three of the country’s largest metropolitan areas and those areas themselves. You could use it ...
The Best Counties for Buying Single Family Rentals
ATTOM Data Solutions analyzed 449 U.S. counties for potential single family rental returns in 2018 to help real estate investors identify the best places for buying single family rentals this year. Rental data was from the U.S. Department of Housing and Urban Development, and home price data was from publicly ...
Case Study: Moving from Single-family to Self-storage Investments
Long before John Manes and Robby Dunn launched Pinnacle Storage Properties and eventually partnered with Erik Osterhus, they both owned single-family and multi-unit real estate investments. Like many novice investors, they spent a great deal of time fixing toilets, rehabbing units, cleaning carpets, and investing time, energy and effort into ...
Commercial Real Estate Value Factors You See Every Day
When you drive by a strip mall, you probably notice it in an absentminded sort of way. Maybe you get a little hungry if there is a popular restaurant you particularly like out front, or maybe you remember you had been meaning to stop by that big-box arts-and-crafts or DIY ...
3 Times Using Photo Requests to Validate Maintenance Issues Backfired
As property managers, it is our job to protect our landlords and teach them best practices when it comes to tenant requests, especially maintenance requests. We want to help them build a successful business and reach their portfolio goals, and one way to do that is by having strict processes ...
Pensacola: A Primer on Job Migration to Affordable Housing Markets
The Amazon HQ2 bidding war is so huge that hundreds of economic development offices have mailed in their proposals and plans (see the 20 finalists here). Yet Amazon is not the only corporate behemoth looking for a home. There are other big organizations seeking new places to locate or expand ...
Renovation Rockstar: Panama City A-Frame
Featured investors: Troy and Angela Schuberg, Bliss and Brick Purchase Price: $125,300* List Price: $294,700 Parcel 2 Sale Price: $79,500 ARV: $299,000 Timeframe: ~13 months** Original Details: 3 bedroom, 2 bathroom*** Final Details: 4 bedroom, 2 bathroom, 1,920 square feet *The original purchase included an adjoining lot with a garage ...
Consumer Reports Releases Top Exterior Paint Colors for 2018
Consumer Reports released it's "Hottest Exterior Paint Colors of 2018" which outlines this year's most attractive exterior colors as well as which brand carries them and which sheen works best for the outside of a home. The company scored paint colors and manufacturers based on attractive shades, price point, and durability. ...
3 Crucial Questions to Ask Before Investing in Hyper-Localized Housing Markets
Thanks to the overwhelming presence of technology in our lives today, real estate markets are becoming hyper-localized. I tend to blame our reliance on web-based social networks. After all, we can now poll our 500 closest friends about the relative merits of a neighborhood, a local middle school, or even ...
The Advantages of “Middle Market” Commercial Real Estate
Everyone likes a trophy, and glamorous properties in big cities have certainly benefited from the recent strong real estate market. But much less attention has been paid to the resurgence of “middle market” commercial properties. We’ll explore here the opportunities offered by smaller-value transactions in areas not considered “gateway” markets ...
Expert Financing: The Key to Successfully Owning 8,000 Multifamily Units
The quote "I owe. I owe. It's off to work I go!" is one of the most frequently repeated lines I hear about debt. Thankfully, an early mentor of mine told me that the real best quote about debt is, "Only borrow against income-producing assets." He said it was the ...
3 Things a Blueprint Can Tell You About Your Investment Property
Although many real estate investors choose to leave the complicated lines, measurements, and extremely fine print of blueprints to their contractors, engineers, and architects, sometimes a quick look at a property’s inner workings can tell you a lot about how a potential project might go. At times, a blueprint can ...
Think Realty Magazine June 2018
+ WHAT'S INSIDE Think Realty | News & Events •Don’t Let Travel Deter Your Long-Distance Investments Design Point | Renovation Rockstar: Panama City A-Frame Commercial Investing | Keeping Complex Housing Issues Simple •Behind the Scenes: Commercial Conversion •Commercial Real Estate Value Factors You See Every Day •When Two Worlds Collide ...
5 Success Factors for Residential Assisted Living Investments
What does it take to successfully and profitably participate in today’s largest and fastest-growing real estate sector, Residential Assisted Living? In the first portion of this report, we covered the first five of 10 pillars to successfully managing Residential Assisted Living (RAL) homes. However, management is only part of the ...
A Tried-and-True Real Estate Rule for Real Success
I started investing in real estate nearly 60 years ago, and along the way I compiled a list of real estate investment principles every investor should know. One of the most important rules that many new investors today overlook is one that anyone who has been in the business for ...
5 Simple Ways to Find More Deals
Whether you are new to real estate investing or a seasoned investor, you are always on the lookout for the next deal. Well, in a low inventory market, how do you find your next deal? With margins thinning and costs rising, you must be able to find properties with numbers ...
A Family Story: A Big Real Estate Decision with Big Results
I can recall conversations between my parents over the years about buying a building for my dad to relocate his auto-repair business. They even discussed buying the building that he was renting. There were so many worries, fears and excuses not to take that leap: Imagine the exorbitant personal property ...
Tech and Big Data Disrupt the Real Estate Investing Status Quo
In the world of real estate investing, there’s a common challenge that most investors face these days. The first inclination might be to think it’s funding. But much has changed, and in fact improved, in the world of investment property funding since the hangover and recovery from the big crash ...
The Promise and Pitfalls of Accessory Dwelling Units as an Affordable Housing Panacea
Apaucity of affordable housing that threatens to inflame a burgeoning homelessness crisis and trigger an exodus of well-paying jobs is forcing local governments to consider creative solutions to this intractable problem. One such solution is to streamline the development of accessory dwelling units (ADUs) in the hopes that real estate ...
The Rise of Infill Development
The need for development is on the rise. Whether it’s in the form of a need for more housing, more commercial space, or more retail space, there is always a need for more development. The question has always been, “Where is it best to develop?” A common phenomenon we are ...
3 Steps to Effective Investing Strategies in a Widening Market
Over the years, our real estate company has found there are three major, universal decisions every investor must face (and make) before pulling the trigger on an investment: picking a property type, choosing a strategy, and selecting a market. Navigating that process has always been crucial to getting good returns, ...
The Future is Now for Artificial Intelligence in Real Estate
From Hollywood to Wall Street, the term artificial intelligence (AI) is an agenda item. Everyone wants at least one peek into how AI will impact their business or industry. It probably comes as no surprise, then, that the giant data company Salesforce is been dedicated to the advancement of AI, ...
Renovation Rockstar: New Orleans Edition
New Orleans-area investors Braden Smith and Chris Leniek are not afraid of much of anything in their unique real estate market, so taking on a two-bedroom/one-bath home in need of a near-total remodel was pretty much par for the course. “We buy run-down properties, fix them up, then sell them,” ...
