The advent of AI is revolutionizing various aspects of business, and the real estate field is no exception. AI is starting to penetrate real estate in interesting ways. This article provides concrete examples of how it’s being used in real estate. Virtual Staging and Design Staging is an expensive proposition. It requires agents or sellers ..read more

At Old Money Capital, our approach to upgrading units in multifamily properties is both strategic and tailored, ensuring that every modification maximizes the property’s value and appeal to prospective tenants. This blog post delves into our methodical upgrade process with a real life case study from an apartment we own in Modesto. It  illustrates how ..read more

Many people discuss national real estate trends, often citing articles filled with data analysis, averages, and medians. Here is one such report. These articles sometimes include city or market-specific data as well. However, savvy real estate investors know that real estate is extremely local. A particular city might defy the national trend, and even a ..read more

From July 1, 2024, the National Association of Realtors (NAR) implemented significant changes to real estate commissions as part of a $418 million settlement resolving lawsuits alleging its policies inflated home selling costs. The key changes are: Listing brokers can no longer advertise or make blanket offers of compensation to buyer’s agents on Multiple Listing Services (MLS), requiring compensation to be negotiated outside the MLS. Buyer’s agents must enter into written agreements with clients before showing homes, outlining services provided and fees charged. Ramifications for Buyers The ..read more

Investing in small multifamily properties, typically those with 1-4 units, is an excellent way to enter the real estate market. These properties offer the dual benefits of residential comfort and income potential. For first-time investors, navigating the complexities of property acquisition can seem daunting. This guide simplifies the process into five essential steps, providing you with the knowledge and confidence to make informed decisions and successfully purchase your first small multifamily property. Step 1: Find an Area or Neighborhood to Buy the Multifamily Property Choosing the right ..read more

What’s Vertical Integration? Vertical integration in business refers to a company’s ownership or control over multiple stages of its production process or supply chain. It involves a firm acquiring operations that are further upstream (backward integration) towards raw material sourcing, or further downstream (forward integration) towards distribution and retail. By vertically integrating, a company can gain greater control over its inputs, processes, and outputs, potentially reducing costs and increasing efficiency.  Vertical Integration in Multifamily A vertically integrated multifamily ..read more

Many people create living trusts to ensure that their assets do not go into probate in case something were to happen to them. The trust also allows them to specify how these assets should be distributed. If you are interested in why a trust should be created and how it can benefit you, read the following blog post I have written: Emma’s Legacy: A Tale of Planning and Protection. The most important step immediately after creating the trust is to transfer your assets into the trust. For many people, their house is their biggest asset. They have many questions about how to transfer the house into ..read more

Well, the short answer is ‘both’! You should invest in both stocks and real estate. A simple reason for this is diversification. Most people invest in stocks because it requires little effort. Also, a significant portion of people’s retirement savings are often invested in stocks. However, investing in real estate can require more effort. Even if you opt for passive investing, you will need to find a competent operator. Nonetheless, it’s equally important to allocate a portion of your wealth to real estate for diversification. Let’s try to understand the kind of diversification you achieve whe ..read more

Homeowners often tap into their home’s equity for various reasons, such as financing renovations or improvements, investing funds elsewhere for potential returns, consolidating debts, covering major expenses like weddings or medical bills, or supplementing retirement income. While accessing equity can provide relief or opportunities, it’s crucial to have a solid repayment plan, as your home serves as collateral. Here are the four major ways to tap into your home’s equity: Cash-out Refinance A cash-out refinance allows you to tap into your home’s equity by replacing your existing mortgage with ..read more

“Loss of Capital’ is a phrase that strikes fear in the hearts of those involved in real estate syndications. It signifies the unfortunate scenario where your investment vanishes due to unforeseen circumstances, leading to the property’s foreclosure by the bank. In such cases, there’s often insufficient equity remaining to reimburse the investors, resulting in a total loss of funds. Naturally, this is a situation you’ll want to steer clear of, as there are no positive outcomes once it reaches this point. To help you avoid such a predicament, here are three crucial steps you can take before you ..read more