REI INK

Perspective

The Economic Bubble is Hiding in Plain Sight

Investors, beware and be aware—constriction is coming. We are so far into the longest economic expansion in the history of the U.S. that just about everyone—no matter how bullish on their particular market—is stuck in a waiting pattern. Currently, our economy, our country and, arguably, our housing market are all subject to an array of uncertainties, including: COVID-19 (the novel coronavirus that first appeared in Wuhan, China) and its impact

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The Evolution of the Single-Family House Space

The new asset class on Wall Street is single-family homes, with a new focus on build-to-rent communities. In 1979, I purchased my first single-family investment property. It was located in Williamsville, New York, and I paid $23,200 for it at a mortgage foreclosure. After investing slightly more than $10,000 to renovate it, I sold it for $57,000, netting a profit of $20,000. That deal changed my life. I’ve been involved

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The Rise of SFR 3.0

Technology is shaping the latest phase of single-family rental—and new opportunities await both investors and renters. Single-family rental (SFR) investing has existed for as long as landlords have owned detached single-family rental homes. In modern times, a landlord is any individual(s), government body or institution that provides housing for people who either can’t afford or don’t want to own their own homes. Great Recession Triggers SFR 2.0 Although various new

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The Handshake

In a relationship business, you must genuinely build the relationship to get the business. By Mike Tedesco When I was 12, my brother John got me an after-school job selling newspaper subscriptions. Armed with nothing but our wits (and free umbrellas if you signed up), we hustled door to door and quickly became the newspaper’s top salesmen. In those four years, many a door was slammed in my face, but

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Create Your Opportunity and the Rest Will Follow

It was early January and I was hastily plodding through two to 3 feet of snow in lower Manhattan trying to make it to 85 Broad Street before the 7:30 a.m. global call.

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Grow Your Network, Grow Your Business

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Why strategic relationships will take your company to the next level Everyone knows the phrase, “It’s not what you know, but who you know.” In the mortgage industry, this is especially true. In an industry that relies heavily on referrals and word-of-mouth recommendations, it is surprising how often companies overlook the importance of developing strategic partnerships and underutilize existing relationships. Although identifying and establishing connections with potential partners can involve

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