10 Tips to Help You Successfully Manage Your Property Manager, and Why You Need One.
Managing a property manager effectively is crucial for ensuring the smooth operation and maintenance of your property. Here are 10 tips to help you successfully manage your property manager, along with reasons why you may need one: Why you need a property manager: Overall, a property manager can provide valuable support by efficiently managing your […]
Is the 1% Rule Dead?
I am a big fan of utilizing “rules of thumb” for the mere simple fact that I am analyzing dozens of deals every week and this allows me to determine if we are even in the ballpark before spending hours determining if a deal is worth taking to the next step of underwriting. Here is […]
Strong Job Growth in US will Keep Rents Elevated
Jing Fu of the National Association of Home Builders (NAHB) reported that April’s job data continued to show growth despite rising rates and a slowing economy. Total nonfarm payroll employment increased by 253,000 last month, with the unemployment rate dropping to 3.4% from 3.5% in March. Residential builders and tradespeople continued to show job growth, while construction sector unemployment is […]