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Personal Development for 2021
As I go through life, I am constantly looking for ways to make myself a better human being. Whether physically or mentally, personal or business, we must always be moving forward, improving, strengthening. To gain physical strength, I work out with a trainer at the gym three times a week. I also run three days…
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How The Federal Reserve is Planning Ahead
In a recent Reuters article, they provided excellent information regarding the Federal Reserve’s planning and outlook for 2021 and beyond. In 2020, the Federal Reserve (also known as “the Fed”) revised its strategy for supporting the U.S. economy based on new challenges we faced throughout COVID-19. Based on the new strategy of keeping interest rates…
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2021 Multifamily Market Outlook And Trends
Moving into the new year, our team always reviews market dynamics to determine where we will be spending most of our time acquiring new multifamily assets. We also take some time to consider adding alternative investments to our investment offerings. In June 2020, we added an alternative investment vehicle through our real estate debt fund…
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The Outsiders
In my spare time, I enjoy reading books about various topics and disciplines. It’s a great way for me to relax, learn something new, and enjoy a great story. Biographies, non-fiction, and business books are typically my go-to reads. One of my favorite books that I read this year is called The Outsiders: Eight Unconventional…
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A Personal Note This Holiday Season
Well, here we are, December 2020. Any adjective used to describe this past year would be inadequate considering the multiple events that we have seen unfold before our eyes. I can still remember the first time I heard the term “coronavirus.” I clearly remember the different stages of disbelief as the impact of the virus…
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Multifamily Demand Increases in the Carolinas
The COVID-19 pandemic has certainly caused a major economic shift in many industries including the multifamily market. In April 2020 there was much uncertainty as to how the multifamily market would weather the storm of the effects of the pandemic. Surprisingly, the impact to multifamily around the country has been minimal except for some of…
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The First 10 Steps to Buying a Great Deal
At PassiveInvesting.com, we love to bring our investors new and exciting properties to invest in. By the time you receive your beautiful Investment Summary in the mail we have already been hard at work for weeks and sometimes months to put that one deal together. As head of acquisitions, I thought it would be helpful…
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Utilizing Gigafy for Increasing Cash Flows
If you have reviewed any of our most recent offerings you will have noticed that one of the ways we are adding value to our properties is by implementing a service called, Gigafy. Essentially the Gigafy service allows us to resell super-fast internet to our residents instead of them needing to go through the local…
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How Future Funded CapEx Works
Capital expenditures (CapEx) are funds used to acquire, upgrade, and maintain physical assets such as property, buildings, technology, and equipment. One of the pros of using lender CapEx is, when you have a large CapEx budget, lender capital typically has a lower interest rate. When you raise all the CapEx dollars with equity, interest rates…
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