RHJ Investor

RHJ Investor is the department of Rental Housing Journal that speaks specifically to the interests and needs of real estate investors and apartment owners. Whether you're part or a REIT (real estate investment trust) , independently own large apartment communities, are a small landlord with 1 or 2 rental homes or choose to fix and flip, RHJ Investor is a great source for information. This site features how-tos and best practices for buying and selling property, real estate taxes, choosing property management and maintenance vendors, 1031 excahnges & TICs, apartment financing, budgeting and much more.

RHJInvestor.com is sponsored by National REIA

real estate investing apartment owner reit national reia
Sat
09
Dec
The Editors's picture

How To Get Started In Owner Occupied Multifamily Investing

How to get started in owner occupied multifamily investing in real estate

Owner occupied multifamily investing can be a great starting point for new investors. Veteran multifamily investor Vinney Chopra has some ideas for you to think about in owner occupied multifamily investing.

By Vinney Chopra

I enjoy teaching investor students and helping them learn about multifamily investing and syndication and all of the benefits it brings, but some ask how to get started?

Not everyone is ready to start out buying large apartment complexes for many reasons.

It takes time to learn the right emerging markets. It takes time to learn how to finance big projects. Plus, it takes time to raise money and build relationships with investors and real estate brokers. And don’t forget it takes time to learn how to analyze the deals. That’s a lot!

So when students ask how to get started now, I talk about the advantages of owner occupied multifamily investing in real estate.

Tue
28
Nov
The Editors's picture

How To Raise Money For Multifamily Property Investing

How To Raise Money For Multifamily Property Investing

Multifamily property investing requires raising money because it typically involves acquiring apartments that cost more than a single-family homes you buy for real estate investment. Veteran multifamily investor Vinney Chopra has some ideas for you to think about to raise money for multifamily investing.

By Vinney Chopra

I love multifamily property investing and I love to help others who would like to learn how to invest in this area that I have been enjoying success in for more than 20 years.

Multifamily property investing provides nice, steady cash flow and checks every quarter to investors in many cases.

Many of my students ask how to get started in multifamily property investing and how do I raise money for it?

Mon
27
Nov
The Editors's picture

Real Estate Investment Company Acquires Issaquah Apartments For $135 Million

Real Estate Investment Company Acquires Issaquah  Apartments For $135 Million

A global real estate investment company has acquired Atlas, a wholly-owned 343-unit apartment community in Issaquah, Washington, for $135 million, according to a release.

Kennedy Wilson (NYSE:KW) (“KW”)   KW invested $52 million of equity, and secured a 10-year interest only loan for $84 million at a fixed-rate of 3.86%. The purchase reflects KW’s continued confidence in the Washington market, where the multifamily group’s portfolio has grown to over 10,000 units, according to a release.

Atlas was one of four properties acquired through a 1031 exchange with proceeds generated from the recent sale of Summer House, a wholly-owned 615-unit apartment community in Alameda, CA.

Tue
07
Nov
The Editors's picture

The Multifamily Investing Forecast For 2018

multifamily investing forecast for 2018

What is your multifamily investing forecast for 2018? I hear a lot that a correction is coming in multifamily Investing.

  • Is it really?
  • When?
  • Where, in what markets?
  • How long will it last?

By Vinney Chopra

These questions have been on the minds of a lot of multifamily Investing groups and multifamily syndicators.

The market has been strong for about eight or nine years. Usually the market cycle lasts about that long too.

I wanted to share my perspective on it. It is very hard to predit the future. Especially in the times of uncertainty with talk of possibly lowering of tax rates, and cutting out of social programs and small business tax breaks all in the name of economic growth.

So it is very hard to project the multifamily investing forecast for 2018 due to 5 current factors.

Tue
17
Oct
The Editors's picture

7 Keys To Renovation Of Apartment Buildings

7 keys to renovating apartment buildings

Investing in multifamily real estate can be very rewarding, but what happens if you see a building you think needs too much renovation. Will it ever work? Veteran investor and syndicator Vinney Chopra tells the story of one of his deals in a renovation of apartment buildings.

By Vinney Chopra

When I first looked at a multifamily property in Lake Jackson south of Houston, it showed lots of promise as it sat on nine acres of premium land between two exits on a great freeway.

As I looked further into it during due diligence however, I discovered it needed considerable repair and would need lots of tender loving care. I passed on this property initially and bought a more stable complex of 128 units down the road.

Tue
10
Oct
The Editors's picture

Empty Nester Housing Key As Baby Boomers Keep Working

Empty Nester Housing Key As Baby Boomers Keep Working

Empty nester housing is a key as the surge in full-time workers over the age of 65 means that folks born in the 1950s are going to continue working well past the traditional retirement age, according to a new report from John Burns Real Estate Consulting.

“The workaholic baby boomers continue to redefine employment, even as they reach the traditional retirement age. They created the surge in dual-income families that ended in 2000, and now they are creating a surge in full-time workers over the age of 65,” write Chris Porter, Chief Demographer, and Mikaela Sharp, Research Analyst, for John Burns.

Burns calls this group born in the 1950s, and ranging in age from 58 to 67, “The Innovators” and the have delayed retirement, driven by economic necessity in the wake of the Great Recession, a desire to keep working, and a realization that they will likely live longer than any generation before them.

Mon
18
Sep
The Editors's picture

10 Rules To Successful Multifamily Syndication Investing

10 Rules To Successful Multifamily Syndication Investing

This week blogger and veteran investor, Vinney Chopra, talks about multifamily syndication investing and his 10 rules to success.

By Vinney Chopra

If you want to know what you need to start investing in successful multifamily syndications, I can help.

My wealth of knowledge and success in real estate investing for more than 40 years can help with your education in multifamily syndication investing.

10 rules to successful multifamily syndication investing

I have completed more than 25 syndications.  Here is what I practice daily that has helped lead me to success as a multifamily syndicator today:

Fri
08
Sep
The Editors's picture

Out Of State Investors Target Multifamily In Salt Lake City Area

out of state investors target multifamily housing in salt lake city area

A commercial real estate investment firm has announced the sale of Lionsgate, a 15-building, 400-unit multifamily complex in Murray, Utah, according to a release.

 The property sold for $67.25 million, which represents more than $168,000 per unit, according to the release from Marcus & Millichap.

“Out-of-state investors continue to target multifamily assets in Salt Lake City and some have refined their focus to include areas south of the city such as Murray where vacancy is lower and rent growth is above average,” Danny Shin, senior vice president investments in Marcus & Millichap’s Salt Lake City office, said in the release.

 Shin represented the seller, a local owner, and procured the buyer, a Seattle-based investor.

Mon
28
Aug
Richard Montgomery's picture

7 great reasons to invest in smaller multifamily real estate

7 great reasons to invest in smaller multifamily real estate

Are smaller multifamily buildings a better fit for many real estate investors than larger multifamily commerical buildings? This week veteran real estate investor Richard Montgomery, who knows real estate investing, from up-close, get-your-hands-dirty rehab to armchair investing using your self-directed IRA as your funding vehicle, takes on this question from a reader:

Sun
20
Aug
The Editors's picture

The Story Of A Multifamily Investment Winner

The story of a multifamily investment winner by Vinney Chopra

This story of a multifamily investment winner began with discussions about buying an apartment complex that had suffered extensive fire damage in one of the 16-unit buildings in a 156-unit apartment complex in Freeport, Texas in 2014.

By Vinney Chopra

The fire, at the Sienna Villas Apartment Homes, was caused by two kids playing with match sticks in the closet in the upstairs of a middle apartment. It quickly got out of hand. Fortunately no one died and everyone got out quickly. The complex was originally built in 1978 and had no sprinkler system.

The owners of the complex, who lived in the San Francisco Bay Area, decided after collecting the insurance money that they would like to consider selling the complex to us, and they dropped the price. They explained there had been poor management of the complex and they would like to not own this asset as it required extensive rehab.

Pages

Subscribe to RSS - RHJ Investor