Bill Kovacs’ Post

🏘 Real Estate is the world's largest asset class 💸 . Some news worth reading this week.... 📰 💡 Blackstone doubles down on the U.S. housing market with acquisition of Tricon Residential and its nearly 40,000 homes. - ResiClub https://lnkd.in/eqXHwYk2 💡 Real estate trend: More single women are owning homes - Axios https://lnkd.in/exgC_4p3 💡 Why Buffalo will be 2024’s Hottest Market - Zillow https://lnkd.in/eiWDAtAD #realestatemarket #realestate #realestateagent

😍EXCITING NEWS TO ANNOUNCE😍 I have a major change to share with you. Watch here for a special video announcement where I reveal my new journey in the world of Real Estate. 💓🏠🏡🏘💓 Get ready for new beginnings and a fresh perspective in the great big galaxy of home ownership and real estate investments.❤️💞 #newstarts #realestateimaginings #begreattogether #growthmindset #realestateteam #WatchNow 💘💖💗💘

In March 2024 - we sold our first acquired Mobile Home Park - a small 4 pad acquired in mid-2021. This was our second sale in total. On this one, the numbers looked like this (if you followed, I made multiple posts how I LOST $7,000 on the sale of one other park - yes, I'm one of few people on LI to keep repeating - you dont always make money! ): Purchase (mid-2021): $125K Rehabs: $5K Sale (early - 2023): 195K Gain: 195/130K = 1.5 (50% spread over 2.5 years) Roughly 20%+ per year when you take into account cashflow. What did I learn: 1. I don't like buying small MHPs - too much work, for not a lot of dough 2. Bigger parks take the same amount of work, but produce better results 3. If you do buy smaller assets, do so without partners (too small of a piece to share) 4. It's good to start small, so you build knowledge (my latest park brings $42,000 in monthly rents and makes more money in one year than the entire worth of this park - BUT, I would have never gotten there without this one) 5. Pass on most all Real Estate work to your wife - she is a much better asset manager 😁 #realestate #investing #assets

I landed my first real estate investment at the age of 51. 🎂 2016 Bought a house and fully renovated it for our college baseball player (omitting his and his teammates cleaning skills 😳). 2.5x Equity Multiple upon sale. Thought - wow, this isn't a bad way to multiply money, but it was exhausting. 2018 Sold our primary residence and bought a townhouse. Spent time paying off lifestyle debt. Planned to keep it a few years, move, keep it for passive income. 2020 Bought a second townhome for passive income and invested also in multifamily. Noticed a significant difference in the concept of scaling through multifamily compared to the single family path. 2021 Sold both townhomes and reinvested proceeds in multifamily assets. Scaled much more quickly without the hassle of being an active landlord. 2023 Net worth has more than doubled. 💰💰 It's NOT too late. You can jump into real estate at any age and make a huge impact on your financial future. Multifamily is the way to scale quickly. Want to learn how to get started? Type DM me in the comments section! #thequattroway #multifamily #FinancialFreedom #PassiveIncome

🏡💡 Did you know? A surprising 80% of home rentals in the U.S. are owned by "mom and pop" investors! This meme highlights the crucial role small-scale, individual investors play in the housing market. 🌟 It's not just big corporations; it's everyday people contributing to our communities by providing rental homes. Let's appreciate these unsung heroes of the real estate world! 🙌 🔑 #sweetlifeteam #RealEstateFacts #MomAndPopInvestors #HousingMarket #InvestmentInsights

In the intriguing world of house flipping, as often depicted on channels like HGTV, professional investors and people like you are seen taking dilapidated properties and renovating them into spectacular homes for a substantial profit margin. This practice has gained immense popularity, fueled partly by the recent surge in housing prices due to the pandemic. A study by ATTOM reveals an interesting trend: about 9% or 72,960 single-family homes and condominiums of home sales in early 2023 were flipped, marking a significant peak since the early 2000s. However, house investing is far more complex than what’s portrayed on TV. Join the Flipsquad community as we explore the risks and rewards of real estate flipping, sharing insights, strategies, and experiences to help you make informed decisions and succeed in this challenging yet potentially lucrative venture. #flippinghouses #realestateinvesting #homebuying https://lnkd.in/gUSdSX-k

I landed my first real estate investment at the age of 51. 🎂 2016 Bought a house and fully renovated it for our college baseball player (omitting his and his teammates cleaning skills 😳). 2.5x Equity Multiple upon sale. Thought - wow, this isn't a bad way to multiply money, but it was exhausting. 2018 Sold our primary residence and bought a townhouse. Spent time paying off lifestyle debt. Planned to keep it a few years, move, keep it for passive income. 2020 Bought a second townhome for passive income and invested also in multifamily. Noticed a significant difference in the concept of scaling through multifamily compared to the single family path. 2021 Sold both townhomes and reinvested proceeds in multifamily assets. Scaled much more quickly without the hassle of being an active landlord. 2023 Net worth has more than doubled. 💰💰 2024 Preserving the value of hard earned money and hedging against inflation through hard assets and debt funds. 💰💰 It's NOT too late. You can jump into real estate at any age and make a huge impact on your financial future. Multifamily is the way to scale quickly. Want to learn how to get started? Type DM me in the comments section! #thequattroway #multifamily #FinancialFreedom #PassiveIncome

Let’s separate fact from fiction. Despite some recent buzz, mega investors aren’t buying up all the homes. They’re only buying less than 1% of the single-family homes. And that’s down from the 2% in 2022. So, don't believe the hype – and if you have questions, I’m here. #housingmarketnews #homeownership #LetsConnect #ReBelleRealty #KenoshaRealtor #RacineRealtor #Realty #RealEstate #Realtor

While it’s true that institutional investors are a player in the single-family rental marketplace, don’t believe everything you read or hear about them. They aren’t buying up all the homes and making it impossible for the average person to buy. That’s just not what the numbers show. Institutional investors are actually the smallest piece of the pie chart. If you have other questions about things you’re hearing about the housing market, let’s connect so you have an expert to give you the context you need. #staycurrent #informeddecisions #realestate #rentalproperty #lease #premierpropertiesteamtx #ebbyhalliday

In a video interview with Damon Elder, publisher of The DI Wire, and as part of ADISA’s Focus on Alternatives Series, Louis Rogers discussed why build-for-rent homes can be an appealing choice for renters, landlords and investors. ADISA Capital Square Louis Rogers Damon Elder #ADISA #alternativeinvestments #buildforrent #BFR #multifamily #singlefamilyhomes #Elder #Rogers #CapitalSquare