How to Analyze a Multifamily Deal in 10 Minutes: A Beginner’s Guide If you are new to real estate, analyzing a multifamily deal can feel overwhelming. You hear terms like underwriting, cap rates, debt coverage ratios, and expense ratios. It sounds like you need a finance degree or a spreadsheet the size of a dining...
Most investors focus on interest rates, cap rates, and rent growth. But there is a quieter threat eating into property returns across the country: rising HOA fees. HOA fees are increasing at their fastest pace in more than a decade. In many communities, the growth rate of HOA dues is outpacing rent growth, inflation, and...
When most people hear “tariffs on China,” they think of higher prices on electronics or cheap imports. But for those of us in real estate, tariffs do something far more serious. They ripple through construction costs, housing supply, mortgage rates, and affordability. The timing couldn’t be worse, with the Federal Reserve meeting later this month...
The Future of Real Estate: Humans + AI (Not Humans vs. AI) By Ken McElroy, Artificial Intelligence (AI) is transforming industries and real estate is no exception. Today, algorithms can scan thousands of data points in seconds, from rent growth and job creation to construction pipelines and demographic shifts. For many investors, that sounds like...
The Fed Just Flipped The Federal Reserve just hinted at possible rate cuts this September, and everyone, from Wall Street to Main Street, is buzzing. But here’s the real question: Is the economy so weak that lower rates won’t matter? Jerome Powell’s Jackson Hole comments gave us some key insights. He used the phrase “restrictive...
The Lies You’ve Been Told About the Housing Market For decades, the media, so-called experts, and even people in the real estate business have been repeating the same dangerous myths about the housing market. These lies keep investors stuck, scare people out of buying, and trick others into making terrible investment decisions. After 30+ years...
As we cross the halfway point of 2025, the multifamily market is showing a clear shift away from a renter-friendly environment and back into the hands of landlords. Over the past couple of years, renters benefited from increased supply, rent concessions, and lower prices in some regions. But that cycle is turning. According to CoStar,...
Why 55+ Renters Are the Fastest-Growing Tenant Group in the U.S. For years, the rental housing industry has been laser-focused on Millennials and, more recently, Gen Z. Apartment communities were redesigned to feel like boutique hotels or Airbnbs, complete with smart-home features, co-working lounges, and flashy amenities, to appeal to young professionals and digital nomads....
How Many Paychecks Do You Need to Buy Your First Rental Property? Most people never even stop to ask this question: How many paychecks do you actually need to buy your first rental property? I didn’t buy my first deal until I was 34 years old. Today, I own over 10,000 units, but if I...
Real Estate Crashes Are Predictable What if I told you that real estate crashes are predictable? You can’t circle a date on the calendar, but the conditions are always the same. After more than 35 years of investing, through booms and busts, I’ve learned to recognize the warning signs long before things collapse. Crashes don’t...
