Scott Krone has been in real estate for over twenty-five years, and although he used to do commercial and residential properties of all kinds, he recently switched to focusing solely on converting warehouses to self-storage units. He was seeing a tremendous amount of volatility in the single-family area of real estate, and then on the… Continue Reading
Punching that 9 to 5 clock isn’t for everyone. Some of you have dreams that are bigger than your day job, and plugging away for 40 years isn’t going to get you to that point. In 2008, when Leslie Awasom saw his nurse co-workers lose half of their 401Ks in one stunning stock market drop,… Continue Reading
We knew even back before the start of the pandemic that a recession was coming. We’d been predicting that within 12-18 months, we were going to see a slow down in the economy, but of course we could never have predicted 35 million people would be unemployed or that everything would seem to happen all… Continue Reading
Real estate is about relationships, but those relationships are hard to build or maintain when so much of our lives have gone virtual in the last year. Where we used to meet for lunch or chat around a boardroom, we’re now opening up cameras for Zoom meetings. Covid-19 has really changed the way we interact… Continue Reading
I own the Ohio Landlord Association with my good friend Jack Petrick, and after a fantastic meeting recently, I knew that I wanted to share my strategies for managing my multifamily buildings. Skip the mistakes I’ve made and apply these twelve tips to your properties today. #1 Whether you choose a daily or a weekly… Continue Reading
You have to be able to measure your success or you’re not going to be able to see what works and what’s broken in your business. Neal Bawa is known as the “mad scientist of multifamily” because he’s taken data science in real estate investing to the next level. He’s removed emotion from the buying… Continue Reading
When the market hits the bottom, it’s going to bounce off the bottom for two or three years.
That’s enough time for you to pull a real estate team together, scale up your business, and prepare to invest in the homes that are coming to the market in 2021.
It’s no secret that I love buying class B and class C apartments and upgrading them. My real estate strategy relies heavily on purchasing apartment buildings where I can add value to their purchase price by renovating and bringing them up to today’s standards. When it comes time to adjust the rents, tenants are happy… Continue Reading
It is a daily battle to decide every day where the highest and best use of your time should be. Brand-new entrepreneurs and seasoned CEOs both have to make choices that push back against the idea that they have to do it all, and they have to reject the idea that they’re the only one… Continue Reading
For those of you who want to get involved with real estate but you don’t have a network, then I want you to know that even someone starting from scratch can still make this work. Tenny Tolofari immigrated to the US from Nigeria about 10 years ago. Starting from scratch meant more than just starting… Continue Reading