April 28, 2023 Read Time: 5 minutes As an investor, one of the most important things you can do is mitigate the risk of your investment.  Adding time is a great way to de-risk an investment. You can buy something for less than what it’s worth. Is the purchase price variable or is it fixed?  There are a lot of ways for you to balance the risk profile. But we’ve broken it down into 3 easy steps.  These are the “It” factors for mitigating risk in your real estate investments. Do It A Lot The more deals you do, the more practice you have… the less risk there is for human error. Repe ..read more

We have another set of Tepid Takes. Let’s dive deep into the world of commercial office space real estate.  With the rise of remote work after COVID-19, the office landscape has fundamentally shifted – leaving many investors wondering – what’s next? We examine the phenomenon of “ghost vacancy” and explore how office tenants’ leases will impact the utilization of commercial office space. We also dissect the recent news from life insurers who are cutting back on office loans and minimizing office lending as future risks loom. With so much unused office space in the market, is it time for a ..read more

April 17, 2023 Read Time: 5 minutes If you’re a homeowner, you have undoubtedly experienced an “oh shit” moment.  Something has gone wrong, and suddenly you have a huge expense that you had not planned for. Maybe the roof needs to be replaced, or the foundation needs to be repaired. Whatever it is, you weren’t expecting it. And that makes it difficult to be financially prepared.  Especially because we, as humans, tend to block that stuff out. Right? When things are going good, the last thing we want to think about is how they could be going bad.  As a passive investor, you might ..read more

March 24, 2023 Read Time: 5 minutes This is the biggest lie you will hear from operators. And it’s actually one of our pet peeves in this industry. It really gets to us. Because it’s something we see time and time again. Typically, this “lie” is really more of a misunderstanding of technical industry terms by newer operators. But in some cases, it’s an intentional misrepresentation. So, let’s talk about AUM. Assets Under Management I want to break down this term. Because, contrary to what some operators will tell you… There is a set definition for AUM, and it’s calculated in a very particu ..read more

So, you’re purchasing your first investment property… and there’s some work that needs to be done. If you want to get your rent up to the comp’s in the area, you’re going to need to add some value to the property, or the units. You can update the kitchen or bathroom. Maybe you need to replace the carpet? Or you might just need to fix that leaky faucet. You might be thinking… “Hey, I’m pretty handy. I bet I could do all of this myself”. Well, that might be true, but is it worth it? When is it truly cheaper to DIY a value-add project? Or should you just hire out and get the project done fast? Fi ..read more

March 10, 2023 Read Time: 5 minutes If you haven’t heard yet, there’s a new tool out there changing the world as we know it. And that’s no exaggeration. The way we do things today, will most likely be obsolete in the near future. How? Artificial intelligence. The software, ChatGPT, has recently made many headlines, and its impact on many different industries have people concerned. Change can be scary… and this breakthrough is going to bring about A LOT of change. To break it down simply, ChatGPT is an artificial intelligence model that essentially draws its information from the entirety of the ..read more

Here is the biggest lie that operators will tell you. AUM. Assets under management. We always hear operators stretch, twist, expand, and contort this number in every single way possible. It’s an important metric for us. It’s the total market value of our assets that we manage. But here’s the tricky part… the definition, the very formula to get your AUM, changes person by person. So one operator’s AUM may look very different than another’s, based on how they’re valuing their assets. And because of this lack of uniformed definition, many operators will take advantage of you by inflating their AU ..read more

March 1, 2023 Read Time: 5 minutes Everybody loves return metrics, right? It’s always great to see the profitability of your hard work. Let’s talk about the most important return metrics in real estate investing. No, it’s not your ROI, it’s not your cash-on-cash return, not IRR… you don’t need any of those. The most important return metrics are those that you’ve probably never heard before. Here’s your first return metric… ROT – Return On Time We once did a deal where we didn’t negotiate the partnership split very well… but you live and learn. And in the end, we really didn’t make a ton o ..read more

February 24th, 2023 Read Time: 5 Minutes Everybody loves return metrics, right? It’s always great to see the profitability of your hard work. Let’s talk about the most important return metrics in real estate investing.  No, it’s not your ROI, it’s not your cash-on-cash return, not IRR… you don’t need any of those. The most important return metrics are those that you’ve probably never heard before… First metric is your ROT… return on time.  We once did a deal where we didn’t negotiate the partnership split very well… but you live and learn. And in the end, we really didn’t make a ..read more

There are many obstacles that new investors face when they begin their real estate investing journey. Anything from finances, education, to simply just not knowing the right people. It can be very daunting for people to start investing. Real estate investing is misunderstood, and people tend to overcomplicate the process. That’s not to say that it’s easy… because it’s not. It just doesn’t have to be complicated. BUT… you will face several obstacles when first start. In this episode, Dan and Anthony will give what they believe are to be the BIGGEST obstacles that you will face when you begin yo ..read more