Prosperity Capital Partners

As real estate becomes more popular as an investment vehicle, a lot of influencers like to tout single family rental properties as a way to passively grow their wealth. These influencers promote the glamor of owning real estate, often without disclosing the constant headaches of the tenants, toilets, and termites that come along with it. Single family homes are a phenomenal way to build legacy wealth, but this asset class can end up becoming a second full time job.

One of the best ways to reduce vacancy risk is to stagger out your residents’ leases so that they’re not all due for renewal at the same time.

Are you maximizing the cash flow on your property? If rent is your only income stream, the answer is probably not…

Stay true to the numbers because the numbers don’t lie!

Happy Thanksgiving from the team at Prosperity Capital Partners!

Net Operating Income (NOI) is arguably the most important metric in real estate. Why? In real estate, the value of a property is usually contingent on this one major factor - how much cash flow the property is generating. The more you can increase NOI (increase revenue and cut expenses), you exponentially increase the value of the property.

There's a lot of turbulence in the markets this past week - tech sell-offs, new employment data, a divided Fed... In this week's macroeconomic update, I discuss all of the different factors shaping market sentiment and why major institutions like Blackstone are heavily investing in distressed real estate right now. Click here to watch the full update: https://lnkd.in/eHU6av2F

How do you know if you’re winning if you don’t have a scoreboard? Real estate investing is no different, and all of our asset managers have financial dashboards that they track for every single property on a weekly basis. This way, we can gauge whether or not the property is moving towards its greatest financial potential.

Just like you don’t want to be too reliant on a single tenant, you want to make sure that you’re investing in areas with a diverse and growing base of different employers.

Here’s a few hidden costs to consider when penciling out your next potential real estate investment…