The U.S. Census Bureau released information recently that demonstrates graphically where Americans are moving in the United States, and where they are moving from. This graphic is based on data taken from July 1, 2017 to July 1, 2018. We like to invest in growing markets. This type of data is helpful for multifamily investors in targeting markets that are seeing long term positive growth. The chart also shows that areas that have net negative migration patterns, i.e. places w

As a resident of Austin, Texas, we've been watching the growth explode here for over a decade. The numbers are in for 2018 and show that Austin is among the fastest growing cities in America. The rest on the list reflect the long term trends of migration to the sun belt states. These are the places we've been investing and will continue to pursue investment opportunities. Here is the list acquired from the Austin Business Journal. Fastest-growing U.S. metros 2017-18 with at l

EPISODE SUMMARY Mike talks us through raising money for other sponsors deals, alignment of interest with those sponsors and how living a balanced life will take him to the next level.

It’s not 2012 anymore. Deals these days are thinner than they once were. Some are perilous and to be avoided at all costs. Here are the mistakes we’re observing currently that are being made by some deal sponsors. Paying Too Much How can an investor know if the deal sponsor is paying too much for a deal? Knowing the capitalization rates of recently closed, similar properties is a start. This information can be provided by a commercial brokerage and is easily accessible. The c