Category Archives for Manage Right

multifamily questions answered

Your Multifamily Investing Questions Answered

As investors and educators, Jake & I fall into the trap of thinking that we know what our member’s pain points are. The only way to truly understand what frustrates beginning investors is to ask them. I set out by asking our members on our J&G Facebook Page what was most challenging to them when […]

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10 Signs That Your Management Company is Not Performing

10 Signs That Your Management Company is Not Performing

To manage or not to manage, that is one of the most difficult questions for a beginning investor to answer. On the one hand, learning the business and taking control of the asset is crucial for success in real estate. On the other hand, hiring a management company to run day-to-day operations allows an investor […]

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Five Skills Every Multifamily Investor Should Develop

Five Skills Every Multifamily Investor Should Develop

Napoleon Hill, the author of Think And Grow Rich, created a framework of success that the reader could follow by establishing his thirteen steps towards riches. Step number four, Specialized Knowledge, focuses on how knowledge becomes power only when it is organized into definite plans of action and directed to a definite end. In this […]

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Real Estate Empire

Building Your Real Estate Empire While Working 9-5

There are countless reasons for individuals to begin investing in real estate. The most common reason that I hear from my students is they want to start earning passive income with the hope of leaving their jobs. This article is written for all those investors who yearn to become full time investors and jettison the […]

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Setting Rents

Setting Rents for the New Year

The art of raising rents is a difficult one to master for newbie investors. The fear of creating a vacancy or offending a tenant is unbearable for most new landlords. It is a touchy dilemma. You are directly impacting the quality of a tenant’s life when you increase the rent, but you are also affecting […]

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Increase Revenue

15 Ways To Increase Revenue In Your Multifamily Property

The way to increase the value of a multifamily property is to either increase the income or decrease the expenses, which will affect the Net Operating Income (NOI). The NOI is a key metric when analyzing the value of a multifamily property. For the purposes of this article, I would like to focus upon the […]

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Biggest Mistakes

Our 13 Biggest Mistakes, Part 4

In the previous article, Jake and I discussed incompetent team members and signing an exclusive with a broker. In this article, we are going to tackle two problems and one potential value-add that we faced early on in our investing career. One situation was unavoidable, and the other could have been avoided if we planned […]

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Common things to avoid when buying apartments

How You Can Avoid Our 13 Biggest Mistakes, Part

Entrepreneurs will tell you that they learn more from their mistakes than their successes.  My definition of an entrepreneur is a person who has earned enough money to pay for his own mistakes (I fall in that category).  We have found it incredibly helpful to reflect upon our mistakes so that we can learn from […]

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Biggest Mistakes

Our 13 Biggest Mistakes to 500 Units and How You Can Avoid Them: Part 2

In the previous article, we began to highlight mistakes that Jake and I committed as we embarked on our investment career. We obviously have committed more than 13 mistakes, but we felt that these thirteen errors had the ability to destroy our future and were vital to focus on and try to give a solution […]

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Real Estate

The Seven Steps To Success In Real Estate Part 2

In the first ARTICLE, I laid out the seven steps to achieving success in real estate.  I expanded upon the first two steps, and my goal here is to dive into the next three steps: Niche, Network and Analysis.  Let me recap the Seven Steps (actually, I included an extra one). Educate Pick a market […]

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