Understanding Landlord Insurance Policies | Resident First Focus

Understanding Landlord Insurance Policies | Resident First Focus

When it comes to owning a rental property, an ounce of prevention is worth a pound of cure. Lessors are best served by getting comprehensive insurance coverage to protect against expensive expenses down the road. There are so many unknowns, particularly when renting to multiple residents. It’s better to pay a premium for coverage for the enhanced assurance that your investment is sufficiently protected.

CRE Rent Negotiations During the COVID Crisis | Resident First Focus

CRE Rent Negotiations During the COVID Crisis | Resident First Focus

Open two-way communication is vital. When adding a third party to the conversation, the legal fees will likely be more than rent obligations and create difficulty when looking to move elsewhere.

A Look Inside the CRE Capital Markets During COVID-19 | Resident First Focus

A Look Inside the CRE Capital Markets During COVID-19 | Resident First Focus

Overall, investors seem to be tabling and postponing while waiting to see how things shake out. They’re looking for more direction from state and federal government. They want to have a more transparent comprehension of where we’re headed and when —to shape a better investment picture.

Landlord-Resident Dispute Highlights How to Deal with Cases of Mold at Apartment Communities | Resident First Focus

Landlord-Resident Dispute Highlights How to Deal with Cases of Mold at Apartment Communities | Resident First Focus

The longer you wait, the more mold can spread, and the harder (and costlier!) it will be to remove down the line.

CRE Asset Classes throughout the COVID-19 Pandemic | Resident First Focus

CRE Asset Classes throughout the COVID-19 Pandemic | Resident First Focus

COVID-19 has diverse impacts within the Commercial Real Estate sector. CRE is not like the stock market; it takes longer for price adjustments to be revealed. All investors should continue to monitor closely.

[INFOGRAPHIC] What do Millennials look for in their multifamily apartment rentals? | Resident First Focus

[INFOGRAPHIC] What do Millennials look for in their multifamily apartment rentals? | Resident First Focus

These insights into the minds of youthful renters can help you, whether you’re evaluating a multifamily property or looking for better ways to manage your current portfolio. With Millennials encompassing such as a large share of today’s renting demographic, keeping their preferences in mind is always a wise idea.

For the Love of Multifamily | Resident First Focus

For the Love of Multifamily | Resident First Focus

There are numerous reasons to invest in multifamily as a product type. This isn’t to say that multifamily is foolproof—quite the contrary. For example, some may argue that multifamily is much more management intensive than the other product types. But a strong management structure, including a property management team and their vendors, can result in a highly lucrative investment.

5 Keys to Investing in Distressed Real Estate | Resident First Focus

5 Keys to Investing in Distressed Real Estate | Resident First Focus

Commercial real estate can become distressed for several reasons, some of which are harder to overcome than others. With strong familiarity with project management and oversight, an adept sponsor will find creative ways to turn these properties around.

How Multifamily Owners are “Going Green” in 2020 | Resident First Focus

How Multifamily Owners are “Going Green” in 2020 | Resident First Focus

From energy efficiency to recycling programs to amenities, apartment communities across the country are finding that it can be comfortable being green. In 2020, make it a priority to start small, and then you’re your “green” initiatives from there.

4 Ways to Leverage Your Retirement Account to Buy Investment Property | Resident First Focus

4 Ways to Leverage Your Retirement Account to Buy Investment Property | Resident First Focus

As always, we recommend sitting down with your accountant or retirement advisor to discuss in greater detail. Those advisors will be able to help you evaluate your options about your broader retirement goals.

Four Ways to Digitally Streamline Your Leasing Sales Process | Resident First Focus

Four Ways to Digitally Streamline Your Leasing Sales Process | Resident First Focus

The leasing process is deeply involved and multi-tiered, and that will never change. But when you use tech and training to your advantage in concert with being able to lean on your expertise to adapt to the continually evolving multifamily landscape, you can digitally streamline the leasing process.

Understanding Internal Rate of Return (IRR) | Resident First Focus

Understanding  Internal Rate of Return (IRR) | Resident First Focus

Many investors feel uncomfortable running the numbers on a deal, and reasonably so—there are many determinants to consider, overlook a line item, and your numbers could prove fatally flawed.

How to Ensure Your Social Media Complies with Fair Housing Laws | Resident First Focus

How to Ensure Your Social Media Complies with Fair Housing Laws | Resident First Focus

Make certain employees recognize that it is vital to be just as heedful of Fair Housing Laws when dispensing information and interacting with customers online as it is when sharing documentation and communicating in print and in-person.

9 Real Estate Predictions for 2020 | Resident First Focus

9 Real Estate Predictions for 2020 | Resident First Focus

The multifamily market has had steady growth over the last ten years, and it is assumed that the next decade will begin with a strong year. Despite an expected light “cooling” in demand in 2020, the market is predicted to be strong enough to endure and remain stable.

4 Key Apartment Management Issues to Consider Before Investing | Resident First Focus

4 Key Apartment Management Issues to Consider Before Investing | Resident First Focus

While apartment investing can be highly lucrative, it’s an asset class that’s far from infallible. For those just getting started, contemplate partnering with someone who’s more experienced and can guide you through apartment administration issues.

Your Guide to Lease-Up Marketing of New Apartment Buildings | Resident First Focus

Your Guide to Lease-Up Marketing of New Apartment Buildings | Resident First Focus

There are a ton of moving parts when it comes to a new apartment lease-up. You may want to contemplate working with a company that can help layout and manage a step-by-step plan, including establishing an apartment lease-up schedule and marketing plan uniquely tailored for your community.

A Look at What’s Driving Multifamily NOI Growth | Resident First Focus

A Look at What’s Driving Multifamily NOI Growth | Resident First Focus

Investors have been pouring capital into multifamily housing projects from coast to coast, and it’s easy to grasp why. New research indicates that earnings continue to escalate.

Smart Home Technology for Your Residents | Resident First Focus

Smart Home Technology for Your Residents | Resident First Focus

Smart home tech isn’t just for single-family homes. Multifamily renters want to get connected. Keep an eye on emerging tech, and you might find something perfect for your properties!

Ten Off-Season Leasing Tips for Apartment Managers | Resident First Focus

Ten Off-Season Leasing Tips for Apartment Managers | Resident First Focus

Filling apartment vacancies during the off-season can seem daunting but hang in there. People always need housing. People get new jobs. People get divorced. People have babies and need more space. There are all sorts of reasons why people might need to move during the off-season. Follow these tips to help steer those people in your direction!

PART 2: Multifamily Property Improvements with the Highest ROI | Resident First Focus

PART 2: Multifamily Property Improvements with the Highest ROI | Resident First Focus

Of course, even the most sophisticated technology cannot replace on-the-ground knowledge. As you know, real estate, in general, and particularly multifamily, is all about relationships. Contact local property managers, brokers, and also other investors to learn from their expertise as to what multifamily improvements will advance the highest ROI in your market.