Where as single family housing starts have increased steadily since April, multifamily housing starts of 5 units or more have been losing ground since the middle of the year. The entire 71K month-over-month increase in total housing starts is entirely due to the...
By Tom Kirkpatrick Here is a case study of an actual multifamily property. This article has been prepared for informational purposes only, and is not intended to provide, nor should it be relied upon for legal, tax, or accounting advice. You should consult your...
By George Roberts III The September 2020 Monthly New Residential Construction Report Released October 20th shows that residential permits, which are a leading indicator of housing starts, have recovered to pre-COVID-19 levels. However, multifamily permits (5 units and...
By George Roberts III Repositioning is the process of renovating an existing multifamily asset so that the owner can increase rents thereby “forcing appreciation” to increase the value of the building. This value can be tapped into through a sale or a...
By Pavlo (Paul) Prokop “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.” – Warren Buffett Without capital preservation, your potential rate of return doesn’t mean much. With the recent volatility on Wall Street, the...
By George Roberts III Utilizing the safe harbors that exist in the federal tax code can provide major dividends when it comes time to pay the annual tax bill! Safe harbors simplify tax preparation by spelling out the rules you need to follow to stay out of trouble...
