Marco Santarelli

NOVEMBER 2, 2024

Buy, Renovate, Rent, Refinance, and Repeat (BRRRR) The BRRRR strategy is a more involved process that combines flipping and holding. An investor buys a property, renovates it to increase its value, rents it out to generate income, refinances it to take out equity, and then repeats the process with another property.

Investor

The Close

NOVEMBER 25, 2024

Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. Carrying costs: These are the monthly recurring costs of holding the property, including your mortgage, taxes, insurance, and utilities.

Purchase and sale agreement

Inman

JULY 15, 2025

Doorvest helps investors find and buy single-family rentals and it's acquired Wreno, a solution for managing home rehab projects.

Renovation

The Close

NOVEMBER 7, 2024

It’s all about buying a property for a great price, fixing it up, and then selling it for a higher price. You will find run-down homes for a good deal, renovate them quickly, and then profit when you sell. It’s a profitable venture, but having some DIY skills for repairs and renovations is essential.

Property Management

AAOA

MAY 29, 2025

Let’s delve into smart renovations that will not only improve the way your home looks but will also make it much more appealing to potential renters. Here are some of the kitchen renovations you might want to consider: Better Lighting. Renew the Cabinets. Opt for the Jaipur Living Rug Boheme to make your room look truly cozy.

Renovation

The Close

DECEMBER 18, 2024

Fix-and-flip Investing The Complete Real Estate Investing: Learn to Fix & Flip, Step-by-Step Bundle Course Details: Offered by: The Entrepreneur Store Instructor(s): Khari Parker, Adrian Gray, Symon He, and Starweaver Who it's best for: New and experienced investors who want to fix and flip properties Online course rating: 4.6

Commercial

AAOA

JUNE 12, 2025

Property leasing & management is a balance between customer service, legal compliance, and operational efficiency. As a residential property manager, your role bridges the gap between property owners and tenants, and how well you manage this connection can shape the experience of everyone involved.

Property Management

The Living Room

AUGUST 1, 2025

Capital Expenditures (CapEx) CapEx refers to significant, long-term investments made to improve or increase the value of a rental property. Calculate Costs : As a rule of thumb, CapEx should account for 2-7% of the property’s value. For properties requiring significant updates, lean towards the higher end of this range.

Renovation

The Close

MARCH 14, 2025

Investors benefit from hiring a property manager to handle maintenance and daily responsibilities, allowing them to focus on more investments and personal interests. When learning how to hire a property manager, its essential to define your needs and budget. When and how do you want to receive your net proceeds?

Property Management

AAOA

JANUARY 27, 2025

In the end, it can help you capture the perfect property with excellent ROI potential or it can save you from a drastic mistake. When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs.

Property Management

AAOA

MAY 8, 2025

Key Takeaways Consider selling property as-is for quick liquidation and cost savings. Renovate to increase property value, attract higher-paying tenants, and boost rental income. Refinance to access equity for renovations, secure better loan terms, and maximize cash flow.

Property Management

AAOA

MARCH 24, 2025

Class C properties represent the lowest tier and typically consist of older buildings. They may face functional issues, have outdated designs, or require maintenance and renovations. While these properties offer the most economical rental rates, they often need more modern amenities and features.

Property Management

AAOA

JULY 14, 2025

As a landlord or property owner, staying on top of your investment’s financial health is essential. Whether you self-manage or work with a property management company, one of the most important tools for tracking income, expenses, and profitability is the owner statement. What’s Typically Included in an Owner Statement?

Property Management

AAOA

JUNE 12, 2025

If you: Own an investment property worth $100K+ Plan to hold for 3+ years Have meaningful tax exposure Recently renovated or acquired a building …then it’s worth running the numbers. Plus, you potentially could receive 100%, depending on when the property was placed in service and if retroactive provisions are passed.

Investor

AAOA

MARCH 31, 2025

Here are some of the most common roles: Property Manager Salary Range : $35,000 $90,000 Handles daily operations, maintenance, and tenant relationships. Asset Manager Salary Range : $50,000 $128,000 Focuses on long-term value of real estate holdings, analyzing profitability and aligning asset performance with investor expectations.

Commercial

AAOA

MAY 22, 2025

Additionally, the location of your property and effective property management practices play significant roles in determining vacancy rates. This can make your property less attractive, leading to even more vacancies. Efficient property management is key. Using property management software can help.

Finance

AAOA

AUGUST 4, 2025

Call competing properties and mystery shop them to verify real leasing velocity. Project renovation costs and timelines conservatively. Property Manager: Demand a track record with assets that match your vintage and tenant profile. Measure present rents against the true market ceiling. Stress test exit strategies.

Marketing

AAOA

JULY 17, 2025

Whether you’re managing a single rental or a growing portfolio, every dollar counts when preparing a unit for its next tenant. Savvy property investors know that rent-ready doesn’t have to mean “renovation-ready.” Source: RL Property Management The post Cost-Effective Turnovers appeared first on AAOA.

Property Management

AAOA

MAY 22, 2025

Understanding What Youre Really Buying When youre buying an apartment building , youre not just purchasing property, youre acquiring a business. That business has income, expenses, employees (property managers, maintenance), customers (tenants), and systems. And like any business, success depends on how well its operated.

Due diligence

Redfin

MAY 9, 2025

Golik of LUXE Forbes Global Properties and Luxury Condos of Portland. You can paint the walls, renovate the kitchen, or install new flooring without having to worry about a landlord’s approval. You have the ability to make it your own through personal design choices such as painting, flooring choices etc., says Brad S.

Equity

AAOA

JULY 3, 2025

Houses offer more control and long-term appreciation , especially due to land ownership and flexibility in renovations, but they require higher upfront investment and maintenance. The best choice depends on your financial goals and how involved you want to be in property management.

Property Management

The Close

JULY 24, 2025

Understaffed or overloaded property managers: When your property manager is juggling too many units or doesn’t have enough support staff, things start slipping. If leasing is slow, it may be time to scale up your management resources. Risk management: Lenders and partners scrutinize vacancy closely.

Investor

AAOA

JUNE 19, 2025

Newer or recently renovated properties often cost more per unit. For a multifamily property, add up all costs (purchase price, renovations, closing costs) and divide by the number of units. This gives you a clear picture of your investment per unit, helping you set rents and evaluate the property’s potential return.

Renovation

AAOA

JUNE 16, 2025

It helps reduce surprise expenses you might face when municipalities enforce stricter construction standards during renovations. How to Choose the Right Insurance Coverage At this point, we just want to say—not all properties or landlords are the same. So, before you decide on a policy, here are a few things to think about.

Property Management

Marco Santarelli

NOVEMBER 2, 2024

The basic idea here is buying a renovated property from a turnkey property provider and putting it up “for rent” Next step is to earn from the rental income and consider your expenses such as taxes, insurance, repairs and maintenance and the whole property management which can be outsourced to a turnkey property management company.

Due diligence

Marco Santarelli

JULY 5, 2025

New development projects, casino renovations, and efforts to diversify the economy beyond gambling could attract new residents and investment. Local Expertise: Connect with local real estate agents, property managers, and other professionals who have firsthand knowledge of the market.

Marketing

Luxury Real Estate Blog

JUNE 12, 2025

2) Fix-and-Flip Strategy If you have experience in home renovations, flipping properties can be profitable, especially in high-demand areas where homebuyers seek move-in-ready homes. Ideal for: Investors with capital and renovation expertise who can handle short-term risks.

Investor

AAOA

APRIL 10, 2025

Invest in Value-Add Opportunities Renovating properties to offer desirable amenities can attract tenants without requiring significant rent hikes. Adapt Financing Approaches Interest rate volatility requires flexibility in structuring deals.

Investor

AAOA

JULY 21, 2025

Thanks to nationwide demand for more affordable housing—and the lower cost of buying and renovating mobile homes—investors are finding this strategy offers strong returns without needing huge amounts of capital to get started. Plus, property management fees for mobile homes are generally lower, which means you keep more of your cash flow.

Due diligence

The Mortgage Report

JUNE 9, 2025

Tony and his team specialize in investment services, property management, institutional acquisitions, and buy/sell brokerage. They compound into real increases in the cost to build housing and even to maintain it—renovations, rehabs, insurance-mandated upgrades, all of it becomes more expensive. These aren’t small fluctuations.

FHA 203k rehab loan

The Close

JUNE 9, 2025

Many first-timers start house hacking because it’s a beginner-friendly way to learn property management, build wealth, and slash living costs all at once. It’s the most straightforward hack (no renovation required!), Ensure you research everything thoroughly before starting to list or renovate. Or a broken roof?

VA loan

AAOA

JUNE 23, 2025

A CMA will analyze recently sold properties in your area that are similar to your home, which you can use to price your property correctly. Make any needed home repairs before listing, and hire professional painters and cleaners to get your property looking its best.

Investor

Redfin

JUNE 2, 2025

Some are renovated and relocated exhibits. Even when you’re just visiting, you can feel the rhythm of a neighborhood, and Queens has a beat all its own,” says Chanda Strickland, CEO at Best Property Management in Chattanooga. All these venues have ties to the 1939 and 1964 Worlds Fairs. Some are remnants.

As-is

AAOA

FEBRUARY 17, 2025

Evaluate Property Management Decide whether you will manage the property yourself or hire a professional management company. Consider the impact of management on tenant satisfaction and retention. renovations, amenities) that can increase rental income.

Due diligence

Redfin

JULY 31, 2025

Building equity faster With tenants contributing to your mortgage, you build equity in your property at an accelerated pace. Gaining landlord experience House hacking provides hands-on experience in property management and tenant relations with the convenience of living on-site.

FHA loan

A Student of the Real Estate Game

FEBRUARY 23, 2025

Implement better property management, address deferred maintenance, and improve the resident experience to close the ~$100/unit gap between this property and its inferior comp set. Here, we see two parallel paths: A mark-to-market opportunity through better management and curing deferred maintenance.

Investor

AAOA

APRIL 14, 2025

To get the best appraisal: Choose properties in good condition Highlight recent improvements or renovations Provide comps of similar buildings that have sold recently Remember,different loan types have varying down payment requirements. Think about your risk tolerance and how much equity you want in the property.

FHA loan