Street Smart Success

How much you pay, your debt, and staying power determines your success. From 2019-2022, too many people over payed for multifamily properties and utilized floating rate debt. Now many of these operato...

While there’s still a lot of money chasing most quality real estate assets, great opportunities exist for those willing to take more risk with heavier value-add assets. One of the best examples is off...

Appreciation is great, but predictable cash flow is what enables a steady retirement. Real Estate funds are a great way to achieve steady cash flow because they’re less risky than syndications because...

Alternative investments produce more cash flow with less volatility than public markets. This is why money invested in alternative assets have more than doubled over the last decade, from $7.2 trillio...

Many operators launch funds to achieve scale and create diversification for themselves and their investors. Funds also attract lower cost of capital and achieve operational efficiencies that result in...

80% of new apartments built in the last ten years are luxury class A. As a result, the supply of B class workforce housing has not nearly kept up with demand. Unless someone can afford to own a home o...

Alternative assets are getting a greater share of investor allocations as they seek higher yields and less volatility. Pension funds, endowments and other large institutions are directing more dollars...

Although multifamily is facing major headwinds with operators who took on floating rate debt combined with oversupply and unprecedented expense increases, this is not the whole story. Some multifamily...

AI will change the world even more than the internet, with profound implications for most aspects of society, including massive wealth creation. It will impact many sectors of commerce, including Real...

Although Multifamily is facing challenges in sunbelt markets, and loan maturities are piling up, long-term fundamentals remain strong. Rents are holding, occupancy levels are in the low 90’s%, and col...

A few years back, retail was completely out of favor. Everyone thought Amazon and e-commerce spelled the end of in-store shopping. The reality on the ground told a different story. Many prominent nati...

Finding an avenue to high returns can be difficult in saturated markets. Certain markets outside of major metros, however, can provide a unique opportunity for great returns as major metros have becom...

Sometimes the best ideas are the simplest and seem the most obvious in hindsight. Co-warehousing is one of these ideas. Co-warehousing was created for small, often start-up businesses to rent smaller ...

Although prices on multifamily have come down, the market still hasn’t stabilized. Rents have come down in many markets and expenses have increased, but prices have still not adjusted accordingly. Add...

As major metros have become too expensive, investors are moving to tertiary markets in order to improve yield, thereby driving up prices in these markets. Smaller markets can be attractive because pri...

After many years of peak prices, distress is starting to appear in multifamily apartments, including newer properties. As debt maturities are looming, operators aren’t able to absorb the new debt cost...

There are over 20 million rental homes in the U.S. Because of the higher prices of these homes, however, investors are making less on them than they have in decades. These days, investors are making m...

The largest asset class in the world is single family houses in the U.S., worth a total of $35 trillion. Not only is it the largest asset class, it’s the least risky if you invest with low leverage. O...

Many long-term real estate owners have experienced tremendous appreciation and consequential equity in their properties. This is a great boon, but as a result, they are generating very small returns o...

Because of increased regulations that have resulted in tighter lending standards, banks aren’t making a lot of smaller loans against properties that aren’t stabilized. This has created a sizeable gap ...

Although Mobile Home Parks have been great investments over the past couple decades, they have not been immune to the same challenges that other asset classes have faced. These include interest rate e...

Even though prices on multifamily properties have come down 20%-30%, most of these still don’t make sense because higher interest rates and increased expenses have more than offset the price decreases...

Despite some of the challenges that have faced multifamily in the past few years, some markets have been affected less than others. The Midwest in particular has fared better than most other parts of ...

Not only has commercial real estate been faced with escalating borrowing costs and lower rents, but it has also been challenged by rising expenses, especially taxes and insurance. In this environment,...

Although the margins are thin in Multifamily, there are niches that provide outsized returns without undue risk. One example is government-sponsored affordable housing. By creating public-private part...

Like many other markets, the Dallas-Ft Worth market got oversaturated with new apartments over the last couple years. As the torrent job and population growth continues to flourish, however, new suppl...

In Real Estate, and multifamily in particular, you need to have boots on the ground to ensure things are running as expected. It also helps to live in the market in order to have intimate knowledge of...

Buying properties in tertiary markets with five to ten thousand residents within a 30–40-minute drive from a larger city can generate outsized returns. Often times long-time owners in these markets ar...

Apart from Real Estate, there are many private placement vehicles to invest in, including Oil and Gas, pre-IPO companies, and many others. Some of these opportunities are less well known, but present ...

Submarket-specific focus, complete vertical integration, and 20 years of experience mitigates a lot of risk. Chicago has been the number one market for multifamily rent appreciation in the country ove...

Investing in real estate syndications from 2015 – 2018 resulted in highly positive outcomes, including major appreciation and double-digit returns, often times as high as 30%-40%, or even higher. Inve...

Success is a poor teacher, we learn more from our failures than our successes, The key is to be resilient and adaptable. After starting over 70 companies, most of which didn’t make money, Damion Lupo ...

A new apartment building is at its highest value upon completion of construction. Like a new car, it’s a depreciating asset. That’s why you need to invest with operators who have a lot of experience w...

Although there are challenges in the multifamily space in certain markets, some markets are still flourishing, and the longer-term fundamentals are strong. Demand is still growing, and supply Is not k...

What happens onsite on a daily basis at apartment complexes is what makes or breaks the deal. The relationship with management personnel largely determines whether or not a tenants renew. That’s why e...

Short term loan maturities are a death sentence in a down market, which is causing major pain for sponsors and Limited Partners. Since mid-2022, multifamily prices have plummeted as high as 40%, and t...

The affordable housing issue persists in this country as homeownership becomes further out of reach for most people. One of the most viable solutions to this issue is Mobile Home Parks. Unlike common ...

Although the competition to acquire most commercial real estate assets is fierce, there’s frequently less competition to acquire non-institutional Triple Net deals. Yet Triple Net deals are often offe...

Finding under the radar Real Estate niches is extremely difficult, especially with the amount of information readily available online. One exception in today’s market is RV Parks. There are 1.2 millio...

Getting higher than 10% cash-on-cash returns is close to impossible with most real estate investments. One exception to this is short term rentals. Short term rentals are a hybrid between owning typic...

As market rate apartments have become cost prohibitive to acquire over the past several years, ground up construction has become a more economically feasible option, especially with various federal, s...

The U.S. single family home market is worth $43.5 trillion. Much of the country's wealth is concentrated in homes, making it the biggest asset class in the world. Over the years, investors have compil...

Despite the escalation of asset prices over the past several years, there’s still great value In Midwestern tertiary markets. In multifamily, you can still buy properties for under $100,000 per unit t...

Over the past two years, multifamily has faced major challenges that’s resulted in price reductions of 25-35%. Class C in particular has taken a major hit in several markets, but Inflation has recentl...

As demographics and lifestyles change, so do the requirements for where tenants choose to live. This is why architectural and design components for living spaces increasingly impact the desirability a...

AI will change the world even more than the internet, with profound implications for all aspects of society. It will impact most aspects of commerce, including Real Estate. Amongst other implications,...

There are many investment opportunities to generate cash flow, but few are as safe as low leverage Hard Money Loans against single family homes in strong markets. As long as you have an experienced op...

Despite headwinds that have buffeted the multifamily industry over the last couple years, certain markets have continued to flourish. New England, for example, has continued to excel because there’s b...

As passion for sports persists, the sports industry has shown major growth over the past several decades. It’s not just the teams, it’s the entire industry and ecosystem that supports them. Whether it...

Starting in 2012, Blackrock started investing in single family homes. This was on the heels of the great financial crises when newer homes in Phoenix and other sunbelt markets were selling for $60,000...