Monthly Archives: November 2020

Why Do The Wealthy Invest in Multifamily Real Estate?

Written By: Randy Langenderfer “Most millionaires I know made more money from owning real estate than any other investment. Real estate consistently increases in value over time and outperforms other investments.” —Peter Hernandez, president of the Western Region at Douglas Elliman, founder and president of Teles Properties. Have you ever wondered why wealthy people hold […]

Things to Consider When Picking Multifamily Markets

Written By: Randy Langenderfer The coronavirus pandemic has devastated economies globally and has had lasting effects on how we conduct business. So what should you do when looking to invest in the multifamily markets during a challenging time? First, the need for housing will always exist, and the supply-demand ratio will continue to be stronger […]

Which is More Important? The Sponsor or the Property sub-market?

Written By: Randy Langenderfer Do you want to invest in real estate? Then it’s important to understand that there are several players involved in bringing your project to fruition. Here’s the thing… A single deal involves several parties such as the General Partner (GP), Limited Partners (LP), lenders, contractors, attorneys, appraisers, and more. However, the […]

High Net Worth Frugality – How to Save Like The Wealthy

Written By: Randy Langenderfer Wealthy people have something in common, aside from having multi-figure net worths. They’re frugal. Frugality is one of the characteristics that has helped them become wealthy in the first place. Frugality is a commitment to saving, spending less, and sticking to a budget. Some of the world’s wealthiest people are incredibly […]