Great Investments!
Another great article from The Wall Street Journal Are You Overlooking A Commercial Real-Estate Boom? If your definition of the category is limited to splashy office parks and shopping malls, both of which took a pounding during the financial crisis and haven’t fully recovered, then you probably are. But think a little smaller—like fast food-restaurants, convenience stores and gas stations—and... Read More »
Associated Estates is a self administered, self managed Real Estate Investment Trust that owns 13,192 multifamily units in 52 communities in 9 states. Their CEO, Jefferey Friedman, was interviewed by Keat Foong, the Executive Editor of Multi Housing News. New Renters Will Outstrip the Supply of Apartments The number of new renters will exceed the supply of apartments by as much as two times,... Read More »
Beautiful, Affordable Portland One of the metrics to look at when picking an area for a long term investment is the affordability index. And by that I don’t mean looking soley at how much the median income is in an area…I mean: Average Rent/Median Household Income = Affordability Index. (What portion of your pay goes to rent?) It’s great that some investment counselors track... Read More »
This isn’t even my listing…but I’m making good on my commitment to find great deals for my investors. This NE duplex is a great value: for under $165k you get two residences for less than the normal price for one. My faithful readers know that I eschew residential multifamily in favor of commercial multifamily due to the usual lack of cashflow. On most plexes you have to put... Read More »
