HUD Fair Market Rents (FMR) for FY2024 went live on October 1, 2023. This is an exciting time, even if you do not plan on subsidizing your units and renting to recipients of Housing Choice Vouchers (HCV’s). The process of arriving at FMR’s is about as...
Columbus, Ohio takes the 4th spot for average market rent increases just behind NY City and Chicago. Average rates climbed 17% year over….2-3% is average in a growing market. While this may or may not impact your rental properties directly, it does have an...
There are a few misconceptions about housing vouchers that investment property owners are presented with…before we get there, maybe a moment to clarify that not all vouchers are Section 8 vouchers…well, at least not at first. The 5 misconceptions this...
Let’s start with a simple definition of stable to set the stage: Stable- not changing or fluctuating. From the very simplest level, we can apply this definition to whether we will be successful as a multifamily investor….stable is good and unstable is...
Before you jump in, let me preface this…part of my approach is to challenge you as an investor to look at things through a different lens. The one flaw that many investors inherit is not approaching investing for themselves…not placing your own...
