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Showing posts from 2019

Ron Cadman: Should You Invest in an Apartment or a Single-Family Home?

With the spring season in full swing, you may be gearing up to embark on some real estate investing. The question is, should you invest in a single-family home or an apartment building? Many investors become intimidated by apartment buildings that feature more than five units. However, large apartment units carry great promise for investors when compared with single-family residences, according to Ron Cadman, a co-director of Investar USA development firm. Here is a rundown on why you should invest in an apartment building this spring. The biggest reason to invest in an apartment building is that valuations are handled differently between an apartment complex and a single-family home. With the latter, your property value will end up fluctuating when you compare your home with your neighbor’s. However, a larger apartment complex is valued based on the income approach. With this approach, the value of your property will depend on your building’s net operating income, not on neighboring

Ron Cadman: Where Americans Are Moving (and Not Moving)

Moving is one of the biggest life decisions you’ll make for multiple reasons. For starters, where you live may determine your employment opportunities. In addition, your locale will determine the types of social connections you can make, and in turn, it will affect your overall quality of life. For this reason, you may be interested in finding out what the most popular and the least popular places to move to were in 2019. Here’s a rundown on both, according to real estate developer Ron Cadman of Investar USA. Idaho in 2019 ranked as the top state for people to relocate to. This may not be surprising considering that Idaho has a relatively low cost of living and crime rate. The other states that drew the most movers in 2019 include Washington, North Carolina, New Mexico, Tennessee, Rhode Island, Arizona, Alabama, the District of Columbia, and Texas. On the flip side, the top state for people to move away from in 2019 is New York. The main reason for this is the high cost of living

Ron Cadman: Downtown Las Vegas Is Building Up

Las Vegas may be called Sin City, but what’s happening there on the real estate front is anything but sinful in the eyes of many real estate investors and professionals in Alberta, Canada, and the United States. Key construction projects are bringing a wealth of jobs to the downtown areas of Las Vegas these days, and the benefits are plentiful, according to Ron Cadman of Investar USA. Let’s take a look at how Las Vegas’s real estate projects are being viewed as a boon to the local economy. A city councilman in Las Vegas, Cedric Crear, this past spring hosted a fair for people seeking jobs due to the large amount of construction taking place in the city’s downtown area. The goal of the fair was to help people to learn how they could take full advantage of these construction industry job opportunities during a job fair this past summer. One company that helped with the event is Martin-Harris Construction, which was working on a brand-new municipal courthouse in the downtown area. Cre

Ron Cadman: Rebranding Is Important When You ID Value-Add Multifamily Investments

All of a sudden, you notice a value-add multifamily investment opportunity that appears to be quite lucrative in Alberta, Canada. It’s as if the real estate gods have removed a valuable piece of property from their heavenly realm and placed it right before your path. Although the angels are singing in the back of your mind, figuring out how to maximize this opportunity through rebranding is at the forefront of your mind. Here’s a look at how you can use rebranding techniques to capitalize on your multifamily opportunity, according to real estate investor Ron Cadman of Investar USA. For starters, you can use both exterior and interior upgrades to give your multifamily investment property a modern identity. As an example, you may want to paint the building a different color scheme. You could also design new signs or even change your name as part of your rebranding efforts. All of this can increase your property’s value via creating a robust community presence and image. If you do rev

Ron Cadman: What to Expect from the Multifamily Market

You’re on the prowl for a potentially lucrative area of the real estate market in Alberta, Canada, but you’ve come to a standstill. Times are changing, and you’re wondering how you can make the most of the current market -- a market filled with groups of people from multiple generations looking for homes. In light of the current market situation, the multifamily market may be a wise area to zero in on, according to Ron Cadman of Investar USA. Multifamily housing has been one of the top property market segments for decades. In fact, both institutional and private investors are especially active in this investment class. Part of the reason for this is that multifamily housing appeals to millennials, which make up the biggest generation in Canada. Millennials are turning to multifamily housing because they are generally having trouble securing home loans due to their large student debt and high cost of housing. In addition, they embrace the convenience that comes with living near their

Ron Cadman: Downtown Las Vegas Is Building Up

Las Vegas may be called Sin City, but what’s happening there on the real estate front is anything but sinful in the eyes of many real estate investors and professionals in Alberta, Canada, and the United States. Key construction projects are bringing a wealth of jobs to the downtown areas of Las Vegas these days, and the benefits are plentiful, according to Ron Cadman of Investar USA. Let’s take a look at how Las Vegas’s real estate projects are being viewed as a boon to the local economy. A city councilman in Las Vegas, Cedric Crear, this past spring hosted a fair for people seeking jobs due to the large amount of construction taking place in the city’s downtown area. The goal of the fair was to help people to learn how they could take full advantage of these construction industry job opportunities during a job fair this past summer. One company that helped with the event is Martin-Harris Construction, which was working on a brand-new municipal courthouse in the downtown area. Cre

Ron Cadman Explains Why Single-Family Housing Should be Part of a Multifamily Property Investment Strategy

While multifamily housing is an excellent addition to a real estate portfolio, many rental investors are neglecting to investigate the benefits of the single-family housing asset class. In the following article, Ron Cadman discusses single-family housing investment strategies, and what makes this approach so successful for such a diverse segment of investors. Ron Cadman is a real estate professional, specializing in multifamily housing. Single-family housing may not seem like a significant revenue generator – in fact, it can sometimes take a fair amount of time and energy to begin to accumulate a worthwhile return – it is nonetheless a highly valuable part of a well-structured real estate portfolio. Here's why. Single-family rentals allow investors to accommodate a diverse population of tenants. Not every renter wants a one- or two-bedroom apartment. Not every renter wants to live in proximity to strangers. Some renters want a back yard. Single-family rentals offer lifestyle

Ron Cadman: Vital Aspects of Real Estate Investment Management

Ron Cadman: Vital Aspects of Real Estate Investment Management The feeling you get when you own a piece of real estate is like no other. But as glamorous as owning real estate may seem, the nuts and bolts of owning real estate -- or, real estate investment management -- is anything but glamorous. Nonetheless, it’s one of the most important aspects of owning your own income property, according to real estate investor Ron Cadman. Here’s a rundown on a couple vital aspects of real estate investment management you need to know this spring. The first essential aspect is the management of the property itself, or assuming responsibility for daily tasks associated with owning your property. This includes dealing with your rental property tenants, which includes rent collection and handling complaints and requests. It also involves making sure that tenants aren’t breaking lease agreement rules, and moving forward with evictions as needed. Property management also involves marketing the p

Ron Cadman: Reasons & Tips to Invest in Multifamily

There’s a sense of pride that comes with owning homes you can rent out and generate cash flow from. But don’t limit yourself to single-family homes. Multifamily properties might seem intimidating to you at the outset, but the reality is that they offer so many benefits that they’re worth diving into, according to real estate expert Ron Cadman. Here’s a peek at a few reasons to invest in multifamily properties, as well as a few tips for doing it effectively. First, renting continues to be extremely popular, so the more renters you can serve at one time through your multifamily property, the better for you. Specifically, an increasing number of millennials are saying goodbye to their parents’ homes and are looking for their own homes to rent. With apartment building vacancies being limited, owning a multifamily property couldn’t be a wiser move today. So, how can you make sure that you choose the right multifamily property? First, select an experienced real estate broker who can lead

Should You Add Single-Family Properties to a Multifamily Portfolio? Ron Cadman Says Yes

Multifamily property investment can generate significant wealth in a relatively short time. So, why add single-family rentals into the mix? In the following article, Ron Cadman discusses the benefits of maintaining a diversified real estate investment portfolio. Ron Cadman is co-founder of Investar USA. Multifamily rental investments are among the best assets for wealth generation. If you have multifamily property in your portfolio, the tax benefits, regular cash flow, and control over the value of your investment makes you well-positioned to earn substantial long-term returns. Nevertheless, you may want to add single-family properties to your investment package, too. Here are a few reasons why. Single-family units are easier to sell than multifamily. While multifamily rentals are excellent revenue generators, having single-family properties can be a boon if you ever need to sell. Because single-family has a much lower barrier to entry than multifamily, there is a far larger pool
Investar USA – Why Workforce Housing Will Continue to Produce the Biggest Multifamily Returns Workforce housing investment may be the smartest strategy going into 2019. According to a report by the United States Commercial Real Estate Services, workforce housing has outperformed other multifamily asset classes by a substantial margin. The following article from Investar USA discusses the reasons behind the growth of workforce housing. Investar USA is currently focused on real estate investment in the Southwestern U.S. Luxury multifamily buildings are the most popular assets among experienced real estate investors, yet they might not be the most profitable, or the most secure. Workforce housing, also known as Class B or affordable housing, may deliver the greatest potential for long-term returns. Here are a few reasons why workforce housing could offer the best ROI for all levels of investors. Affordable housing will always be in demand. The demand for workforce housing is high,

US housing market in 2019: Trends and predictions

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2019 is fast becoming an interesting year for the United States housing market, where the words “slow” and “steady” are predicted to best characterize it this year. This follows a 2018 that began with fast rising demand that slowed down later in the year due to factors like high prices and fewer choices. Here’s a closer look at what to expect in this real estate segment this year, according to industry veteran Ron Cadman. Image source: Pixabay.com Realtor.com has the numbers, foremost of which is forecasting home prices to rise by 2.2 percent nationally. There are a couple of exceptions, though, such as the largest predicted price increases in areas from the 50 biggest markets, such as Grand Rapids, Michigan, at 8.2 percent and Boise City, Idaho, at 6.9 percent. It also anticipates that mortgage rates will reach 5.5 percent by the end of 2019, meaning the average home will cost 8 percent higher per month than it did in 2018. According to a Reuters poll of property ex