High-Supply Market Sustainability, NOI, and Compliance: Why Multifamily Owners Need National Doorstep Pickup®

High-Supply Market Sustainability, NOI, and Compliance: Why Multifamily Owners Need National Doorstep Pickup®

With 500k+ new units, competition is peaking in Austin, Nashville, Atlanta, Charlotte, Tampa, Denver & Raleigh-Durham. As strict waste mandates rise, owners face a dual test: standing out to residents while ensuring compliance. Success now demands balancing top amenities with verifiable sustainability.

Living with Valet Trash Service: The Smart Way to Simplify Apartment Living

Living with Valet Trash Service: The Smart Way to Simplify Apartment Living

Living with valet trash service offers apartment residents doorstep convenience, cleaner spaces, and a stress-free way to simplify modern community living.

Understanding Risk-Adjusted Returns in Commercial Real Estate: A Crucial Aspect of Investment Strategy | Resident First Focus

Understanding Risk-Adjusted Returns in Commercial Real Estate: A Crucial Aspect of Investment Strategy | Resident First Focus

Most commercial real estate sponsors will tout their ability to achieve superior “risk-adjusted returns.” It’s one of the most basic premises in finance, but only a few investors truly understand it. A risk-adjusted return is a measure that puts returns into context based on the amount of risk involved in an investment. In short, the higher the risk, the higher the return an investor should expect.

Understanding the Risks of Unlicensed Contractors | Resident First Focus

Understanding the Risks of Unlicensed Contractors | Resident First Focus

When it comes to maintaining and improving multifamily apartment communities, the choice of contractors plays a critical role in the property’s quality, safety, and value. Hiring unlicensed and uninsured contractors might seem like a cost-effective solution, especially in a competitive market where budget constraints are often a concern. However, the decision to use such contractors can have far-reaching consequences, both legally and financially. This piece explores the risks, potential legal issues, and long-term financial implications of using unlicensed and uninsured contractors in a multifamily apartment community.

Handling a Hoarder at Your Rental Community | Resident First Focus

Handling a Hoarder at Your Rental Community | Resident First Focus

Have you ever walked into a home and felt like the walls were caving in on you? Then, it felt like we should have been doing more regular inspections! It could be because the owners had too much stuff crammed into a tiny space. There's no bullet-proof strategy to sidestep hoarding. But usually, one of the best precautions is screening residents closely before signing a lease. Filter well to minimize the risk of hoarders taking over your property – a headache any property manager will want to avoid, if possible.

Apartment Mailroom Automation and Management | Resident First Focus

Apartment Mailroom Automation and Management | Resident First Focus

Despite the spike in online shopping, Cyber Monday 2023 topped 12 Billion in sales, we’re still only at the tip of the iceberg. Gone are the days of camping out outside of your local electronics store. If that indicates what’s still to come, managing deliveries will become increasingly important for landlords, property managers and HOAs. As technology continues to improve, we expect to see other solutions emerge. Until then, these strategies should give some reprieve as you adapt to residents’ changing needs.

Reasons to Consider Investing in Multifamily Real Estate as Inflation Rises | Resident First Focus

Reasons to Consider Investing in Multifamily Real Estate as Inflation Rises | Resident First Focus

Overall, multifamily real estate is a solid investment option that can provide inflation-resistant income, hedge against inflation, offer diversification, and provide tax benefits. As inflation rises, these benefits become even more pronounced, making multifamily real estate an attractive investment opportunity.

Why and How to Invest in a Low Cap Rate Environment | Resident First Focus

Why and How to Invest in a Low Cap Rate Environment | Resident First Focus

Investing in a low-cap rate environment can be challenging, but it is still possible to make profitable investments if you understand the reasons behind the low-cap rates and adjust your investment strategy accordingly.

What Renters Aged 55+ Want from their Properties | Resident First Focus

What Renters Aged 55+ Want from their Properties | Resident First Focus

Investors, sponsors, and property managers are increasingly vying for their share of this market demographic. That is why it is so essential to understand the priorities of older Americans. A range of property upgrades—some simple, others not as much—can be made to improve the appeal of your property among renters aged 55+.

Real Estate Sponsors: What Do They Do and Can They Foresee the Future? | Resident First Focus

Real Estate Sponsors: What Do They Do and  Can They Foresee the Future? | Resident First Focus

When vetting syndication, be sure to ask the sponsor about their assumptions. Understand how they draw conclusions about specific numbers and what strategies they might use if market conditions change.

What is the Debt Service Coverage Ratio (DSCR) ? | Resident First Focus

What is the Debt Service Coverage Ratio (DSCR) ? | Resident First Focus

The DSCR is an essential metric for any company owner interested in obtaining a loan – real estate-related or otherwise. The loftier the going-in DSCR and the taller the projected DSCR after property improvements, the less risk associated with debt repayment. Deals with smaller risks will naturally qualify for better rates and terms among commercial lenders.

Preferred Return in Real Estate: What is it? | Resident First Focus

Preferred Return in Real Estate: What is it? | Resident First Focus

These legal documents will shed light on what kind of pref you can expect, the hurdle rates that must be surpassed, profit splits, and whether the deal includes catchup or lookback provisions. In addition, all parties involved in the equity waterfall must align interests so that everyone benefits.

A Guide to Equity Waterfalls | Resident First Focus

A Guide to Equity Waterfalls | Resident First Focus

Key Takeaways:

- Understand what each tier means.

- Know the difference between a waterfall and an LPI model.

- Use your knowledge to negotiate more equity into your investment or fund.

CRE Hard Costs vs. Soft Costs – What’s the Difference? | Resident First Focus

CRE Hard Costs vs. Soft Costs – What’s the Difference? | Resident First Focus

It’s is crucial to understand what goes into a project’s pro forma. This necessitates a fundamental knowledge of the soft costs and hard costs associated with the development project. These costs can be challenging to determine. Still, it always makes sense to have high confidence in the budget before moving forward.

Utility Reflections for Multifamily Investors | Resident First Focus

Utility Reflections for Multifamily Investors | Resident First Focus

The big takeaway is that multifamily apartment managers should put more consideration into their utility systems. A few strategic decisions can result in significant cost savings that, in turn, improve an investor’s ROI.

CRE Investing | Learn the Difference Between “Promotes” and “Splits” | Resident First Focus

CRE Investing | Learn the Difference Between “Promotes” and “Splits” | Resident First Focus

Sometimes, term sheets are clear on intention, but a quick and cursory review might often point to the wrong conclusion. The exercise here is to be accurate, explicit, and precise with syntax. Managing proper real estate terminology, especially in drafting term sheets or negotiating joint venture structures, is crucial to professionalism and successful deal-making.

Why Developers Prefer Non-Recourse over Recourse Loans | Resident First Focus

Why Developers Prefer Non-Recourse over Recourse Loans | Resident First Focus

All else considered equal – such as the interest rate, LTV, and other loan terms – most borrowers will want to opt for a non-recourse loan. The only time a borrower will want to take on a recourse loan is if the deal and/or marketplace requires it.

How to Choose a GC for Your Multifamily Construction Project | Resident First Focus

How to Choose a GC for Your Multifamily Construction Project | Resident First Focus

In some ways, choosing a general contractor is like choosing a spouse – choose wisely, and things will go well, but chose poorly, and you could be in for serious trouble. Like a spouse, you’ll typically have to communicate and negotiate with your contractor regularly. A good GC needs to be reliable, trustworthy, communicative, and financially responsible since you’ll be trusting them with hundreds of thousands (if not millions!) of dollars. In addition, a GC should be able to negotiate the complex relationships between city officials, architects, lenders, and subcontractors in a way that makes your project go as smoothly as possible.

What to Know About Investing in Private Equity Real Estate | Resident First Focus

What to Know About Investing in Private Equity Real Estate | Resident First Focus

Private equity real estate is an attractive way for high-net-worth individuals and accredited investors to produce passive income. They also present a unique opportunity to expand one’s portfolio without taking on the day-to-day management of direct ownership.

How to Become a Designated “Real Estate Professional” – PART 2 | Resident First Focus

How to Become a Designated “Real Estate Professional” – PART 2 | Resident First Focus

It might make sense to evaluate whether or not to become a Real Estate Professional. It’s undoubtedly not the right move for everyone, particularly for already high-income-earning people who are better off concentrating on their day jobs than their real estate portfolios.