Apartment building investments are red hot and with proper due diligence, there are a lot of really good deals to be made in today’s market. Let’s take a look at why you should consider investing in apartment buildings. Greater cash-on-cash returns Traditionally, apartment buildings offer a greater return than single family homes. Apartments also have a lower cost per unit than single family homes. America is becoming a nation of renters All of the families who have been displaced … [Read more...]
Go Ahead, Make Your Move
September 12, 2012 by Leave a Comment
Seizing opportunity is a crucial aspect of effective entrepreneurship. In real estate, you have to be able to quickly assess your opportunities in order to make the deal before it’s too late. We hear it all; if it isn’t a missed opportunity or an un-informed choice then it’s usually a success story. The question is: How do you know when it’s the right time to make a move? How to get a delicious deal…MMMM: Market Specific: Do your market research Math: Check the numbers Meeting: … [Read more...]
Building Your Power Team: Part 3
August 7, 2012 by Leave a Comment
Now that you understand the components of your U.S. real estate Power Team, it’s important to know when to use each person. Depending on the size and scale of your operation, you may not need all of the elements for every step of the way. If you have experience with investing in U.S. real estate and you are doing a standard contract for a residential transaction, lawyers may not be necessary. On the other hand, signing partnership contracts will probably require some advice directly from a law … [Read more...]
Building Your Power Team: Part 2
July 31, 2012 by 1 Comment
Getting your team in order should be your first priority when starting to invest in U.S. real estate. It’s a complicated business to enter into, and the surest way to be prepared for anything is to have the right people by your side. Henry Ford, perhaps one of the world’s most innovative and successful businessmen, said “Always be smart enough to hire people brighter than yourself.” Finding the right people who specialize in the various aspects of the real estate market will reduce your … [Read more...]
Building Your Power Team: Part 1
July 24, 2012 by Leave a Comment
We have reiterated this on multiple occasions: success in U.S. real estate all depends on who you know. I don’t think any successful person can honestly say they made their accomplishments without the help of others. As I mentioned in previous posts, building your power team should be your first focus when deciding to invest in U.S. real estate. It's all about relationships When Forbes wrote about building strong business relationships, they enforced that consistency is essential. They also … [Read more...]
Uptick in U.S. real estate sales: What does it mean for Canadian investors?
May 25, 2012 by Leave a Comment
In April, the U.S. real estate market reached numbers it hasn’t seen in years. According to Bloomberg, home purchases rose to a 4.61 million annual rate last month. 30 and 15 year fixed mortgages are around 4% and 3%. What we need to look at is why this is happening and how to capitalize on it in the most financially beneficial way. There will always be ups and downs in U.S. real estate First of all, I don’t believe that it’s fair to assume that the whole U.S. economy is on the rise … [Read more...]
Making a US Real Estate Purchase in 2012
March 27, 2012 by Leave a Comment
Are you currently considering a U.S. real estate purchase but concerned about the state and overall health of the market? If you’ve been following our blog, or if you follow us on Twitter and Facebook, you know that we think it’s an ideal time to move forward with a U.S. real estate purchase. Now is the time to snap up investment properties; prices are low and financing is available. However, it’s still important to have a picture of what’s happening with U.S. real estate prices and keep … [Read more...]
U.S. real estate a growing trend among billionaires
February 28, 2012 by Leave a Comment
Going back to a post in December, we asked our readers if they would listen and take action if a billionaire said to them “Here’s what I’m doing. Here’s why I’m doing it. If you like I’ll tell you so you can do it too.” Most people agreed that they would. Well fast forward a couple months and here we have another billionaire who is recommending U.S. real estate: Warren Buffett. "I'd buy up many single-family homes if I could," Buffett reports. The article then goes on to … [Read more...]
So Much for the Positive Forecast
February 1, 2012 by Leave a Comment
Just got this from today Newsday, and it appears that the U.S. housing market is experiencing much more of the ‘same-old same old’. The reports says that, “U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. Prices dropped in November from October in 19 of the 20 cities tracked, according to the Standard & … [Read more...]
Have U.S. Prices Hit Bottom?
January 11, 2012 by Leave a Comment
Well, there’s a great question to start the new year. Have U.S. real estate prices bottomed out? And the answer really depends on how carefully you read the data. Many Wall Street firms are already on record as saying that the bottom is in sight. Many real estate companies and investment groups are saying the same thing. However, in a really interesting article in Forbes today, the case is made that the data leading to ‘we’ve finally hit bottom’ is somewhat skewed. I … [Read more...]