Underwriting is the financial analysis of a property. Detailed due diligence is always done after the property goes under contract, but underwriting is done to assess the feasibility of an asset to see if it meets the basic financial criteria before the buyer submits an offer. Your broker will typically bring you an OM(offering memorandum)…
Read more
From a recent conversation with one of our investors: “You mentioned going from 5 units to a 60 unit building. That seems like a big junp? What are the risks of using leverage? I’m hesitant to do this, but then I hear about people being able to achieve this “perfect” situation where they get a…
Read more
If you visit Porsche’s factory in Zuffenhausen, Germany, the first thing you notice is … well … it’s tiny! Like smaller than a satellite parking lot at Ford! And when you learn that they make more than 55,000 cars per year at that factory, it’s easy to ask, “How?” I am sure there are many…
Read more
COVID-19 has impacted the U.S. economy in unprecedented ways. While it is impossible for any industry to be completely recession-proof, landlords can take steps to make their portfolios more recession-resilient. It is critical to be proactive during times like these, not reactive. Proptech can help obtain the right residents. Even before the pandemic, prospective…
Read more
Refinancing Continues to Increase: Low Mortgage Rates During the week of October 23, the refinance percent of total applications rose to 66.7% after the share hit a low of 59.5% during the week of May 29. By: Michael Hyman Financing & Credit, Mortgage Financing
These slides were presented by Brandon Hardin at the virtual Commercial Real Estate Research Advisory Board on November 6, 2020 as part of the 2020 REALTORS® Conference & Expo.
These slides were presented by Lawrence Yun at the virtual Commercial Economic Issues & Trends Forum on November 6, 2020, as part of the 2020 REALTORS® Conference & Expo.
It’s safe to say that 2020 has been a roller coaster ride. This year has drastically impacted businesses across industries, including all sectors of real estate. Though multifamily housing is no stranger to change, it is rare to see change at the accelerated rate we’ve experienced during 2020. In response to COVID-19, multifamily property…
Read more
It’s election week, and there is an air of limbo in the country as we wait for the result and generally try to make sense of one of the strangest election cycles in memory. But when the no-doubt extensive obituaries of “Decision 2020” come to be written, the question most will have to attempt to…
Read more
There is no denying that COVID-19 or the ongoing pandemic has affected us all. With millions of people unemployed and the economy still struggling to come back, many people in the real estate industry are wondering what’s next? Of course, over these last nine months, people have been making predictions about how this will all…
Read more
