We are excited to announce the launch of our "Helping Hands" Rental and Clean-up Program at Evoke Capital, starting this month. Recognizing the challenges many face, we’ve developed this program to ensure that our residents can maintain their homes and stay in their communities without undue stress. Through “Helping Hands,” we provide rental discounts for those struggling to make ends meet and assist with exterior repairs for residents who need a bit of extra help. By offering this support, we can create a more stable and supportive environment for everyone in our communities. This is a win/win for both our investors and our tenants, as it will enhance community retention and satisfaction, ultimately increasing the value of our properties and ensuring consistent returns.
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Rental Ground Landlords and Tenants. What are you doing to build relationship with your landlord or tenant? Even with a farm management company's involvement. While some landlords are remote and not involved or don't necessarily want to be involved with the land they own, how could or should a tenant build relationship with the landlord? Doug and I continue our discussion on Landlords, Tenants and Farm Management Companies and talk about building a relationship of trust and longevity. Listen as we continue the discussion. https://lnkd.in/gDREGJE2
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Growing up, one of my biggest fears was when a tenant moved out of our properties. * My Father self-managed our four-plexes which meant he also vetted the tenants himself. This often resulted in unqualified folks being leased to, which would lead to our units being destroyed and us having to rehab them with our irate Father. * I turned this into a life-lesson as I began to invest in multi-family properties as an adult. Being a landlord should be a fulfilling and enjoyable profession, just as any other we would choose to do. It shouldn't make you irate dealing with toilets, tenants and trash. * With larger properties, we can partner with a qualified property management company to handle the 'lifecycle of tenancy' and allow the landlord to dedicate their time to growing the business or spending time doing what they enjoy. * Investing in your tenants and the properties they have chosen to live in can lead to lower vacancy and longer tenancy. Treating them like family will make them feel appreciated and give them an incentive to take care of your property. This is the goal with multi-family real estate. #aischallenge #cycleinvestments
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BTR rental product is gaining traction, driven by strong demand from a diverse range of individuals—singles, couples, retirees, and even dog owners. An intriguing opportunity lies in the Build-to-Rent (BTR) sector, where a shortage of capital could pave the way for well-capitalized investors to seize contracts or enter exclusive deals. Next year will be interesting for BTR investors and developers. #BuildToRent #RealEstateInvesting #RealEstateTrends
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This traditional-style Scottsdale property received the Techvestor-special makeover, transforming into a vibrant oasis of color and innovation. ✨ Transformation: From plain to spectacular, we filled this rental with bright, colorful spaces and equipped it with amenities. Here's the financial context since going live and completing its first year: 🎉 Purchase Price: $915K 💰 Estimated Annual Revenue: $140K - $160K 💸 Year 1 Revenue: $160K+ (at the top of the projection range) Interested in the passive income potential of short-term rentals? Let's talk! Schedule a call to discover how our proven model can generate returns for you. View more info here: https://bit.ly/3Shm0Iz or book a 1:1 chat with us: https://bit.ly/3PRRp2w #PassiveRealEstate #STRInvesting #ShortTermRentalInvesting #PassiveIncome #RealEstateInvesting #STRInvestment #PassiveREI #RealEstateWealth
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At Ryconn Property Management, we're not just leasing spaces; we're building homes and fostering communities, one lease at a time. #Ryconn #PropertyManagement #InvestmentSuccess #RentalProperty #RealEstateExperts
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📢 Myth - Operating Mobile Home Parks is Easy & Passive There's a common misconecption that owning mobile home parks equals easy money with few headaches. However, the reality that this isn't the case sets in once you acquire your first park. 1️⃣ Limited Management Options - Finding reliable property management companies like there are for apartment buildings is difficult. In most cases, you'll need to handle everything in-house - building it from scratch. 2️⃣ Property Wide Headaches - While you may avoid dealing with toilets and normal apartment unit turnovers/repairs, MHP ownership comes with its set of challenges too. Infrastructure headaches, difficulty with county representative's, abandoned homes, and navigating the titling process for lost mobile home titles are just a few hurdles. 3️⃣ Tenant Relations & Employees: Setting up systems for property management is just the beginning. You'll also need to manage tenants directly or invest time and resources into hiring and training managers to do this for you. Mobile home parks are far from the hands-off, easy investments they're often perceived to be. Have you had similar experience with MHP ownership? #cre #mhp #commercialrealestate #mhpinvesting #mobilehomeparks #mobilehomeparkinvesting #operations #myths #creinvesting
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🔐✨ Exciting Update: We're under contract for a 216-unit multifamily asset in Oklahoma City, OK! This isn't just a building—it's the future site of transformation, community, and growth. #RealEstateInvesting #OKCRealEstate #ValueAdd 🚧 As part of our value-add business plan, we're gearing up to elevate every aspect of this property, optimizing its potential to offer better living experiences. Here's a sneak peek at what's to come: 🛠️ Upgrades to interiors for modern comfort 🌿 Landscaping to enhance outdoor spaces 💼 Active management to ensure quality and service Our vision is clear: to invest wisely and create spaces where people can live abundantly. This property represents an opportunity for us to bring that vision to life in Oklahoma City. 🏗️🏙️ #InvestWisely #LiveAbundantly #MultifamilyInvesting While the ink is still drying and the keys are not yet in hand, we're rolling up our sleeves and preparing for what we do best: adding value and redefining community living. 🛠️🔑 Follow our journey as we transform this potential-packed property into a cornerstone of the neighborhood. 🔄💼 #UnderContract #RealEstateDevelopment #OKC
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Ask Us at Realmark Urban: RENTAL REFORM ALERT! If you are trying to make sense of the new rental reforms being rolled out in WA, don't navigate the changes alone. Our team of Asset Management & Tenancy Experts are here to help you understand the intricacies of these reforms and how they impact you as a tenant or landlord. Whether you have questions about rent bidding, minor modifications, pet policies, or any other aspect of the reforms, we're here to guide you through. ASK US today and let's navigate these changes together and ensure your rental property journey is maximized.
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Yesterday, I had the honor to deliver on a campaign pledge. The first intentionally affordable housing project in 25yrs, and it is extremely exciting. - Deed restricted, permanently affordable home ownership opportunities for households that are 80-120% AMI or up to $160K for a family of four. - Roughly $400K starting with a cap of 5%/yr on market value increase, which is significant. - 35 units, see website for how to express interest. - Comp Plan in 2005 called out the need for Affordable Housing, though the only approach to date has been free market driven, leading to an $850K average home price and even $800K paired homes in some neighborhoods. - 100% of Land Purchase was made possible by American Rescue Plan Act (ARPA) grant dollars from Congress and the Biden-Harris Administration. - Additionally, the $1M grant from the CO Department of Local Affairs (DOLA) helps in funding the Towns contribution to the project as a part of the Prop 123 program. - Speaking of Prop123, Erie has issued the first building permit in the state!! - Our pledge was to build 5 units per year for three years, we will septuple that goal!! LETS GET IT, LETS GOOOO!!!!
Yesterday, we broke ground on the Cheesman Street Residence, Erie’s first affordable homeownership development! This marks a significant step toward creating a more diverse and affordable housing market in our community. Huge thanks to Colorado DOLA for the $1M grant supporting our infrastructure! Learn more about this development in partnership with Vertikal here: cheesmanstreet.com And more exciting news... 🌟 New Project Alert: The Village at Coal Creek 🌟 We’re excited to announce the upcoming Village at Coal Creek, a mixed-income neighborhood aimed at expanding open space, recreational trails, and affordable housing. Stay tuned for more updates on this transformative project that will enhance our community’s connectivity and livability! Learn more about the Village at Coal Creek here: https://lnkd.in/gU_dSYrj
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SVP, National Sales Director at National Professional Services
1moThis is a great idea!!