If you’ve ever lived in a rental property or in an apartment, you no doubt have some strong notions about your experience. There’s a stereotype of scummy landlords and derelict properties for a reason: it happens too often. Because we have this idea in our minds that renting is inherently in the category of a “necessary evil,” we come to expect very little from our managers and maintenance teams.

If someone were to ask what the most important factor in effective property management was, what would you say? There’s no shortage of potential answers, and many of them are good. However, in our over fifteen years of buying, renovating, and managing investment properties, we know that the most important thing is to pay attention to detail.

This week’s Transformation Tuesday comes from Memphis, Tennessee! This single-family property was bursting with potential; from its spacious living corridors to its hardwood floors, the foundation of this home had many outstanding qualities. However, it required a serious overhaul in order to make it truly shine. To see how our expert team of contractors transformed this property, check out the before and after pictures below!

Investing in real estate is a numbers game. The profitability of any given investment often comes down to a very simple equation. Though you can analyze the numbers in different ways, such as the profitability index (  Profitability Index = Present Value of Future Cash Flows ÷ Initial Investment ) and ROI ( ROI = Net Return on Investment ÷ Cost of Investment x 100% ), the point is that it all comes down to numbers.

Over the past eight months, the nation has been turned upside down and shaken to its core. While in many respects we hope that these changes are temporary provisions to manage the COVID-19 pandemic, we have to be realistic: some changes aren’t going anywhere.

This week’s Transformation Tuesday comes from Houston, Texas! This asymmetrical home was bursting with potential, but required a hefty bit of work for it to truly shine. From its gutted bathrooms to its neglected walls, our expert team of contractors renovated this property from top to bottom, resulting in a stunning transformation. To see the before and after photos, keep on scrolling!

Where our wealth is concerned, we all want to have control. A lack of control can be a major stressor in our lives. Unfortunately, investors only have a say over so much. 

This week’s Transformation Tuesday comes from Little Rock, Arkansas! This single-family home was built on the cusp of the ‘80s and hadn’t seen many renovations since. With a lime green kitchen, sky blue toilet, and neglected walls and flooring, our expert team of contractors had quite a bit of work transforming this house into a performing asset. To see how they accomplished the job, keep on reading!

We’ll just say it: this has been a weird year.

Even that doesn’t seem to touch the reality we’ve all been dealing with for the past nine months. The year began with predictions of a housing market crash and, as we’ve seen, despite the economic impact of the coronavirus, the real estate market has been surprisingly tenacious where single-family housing is concerned.

This year has been full of economic ups-and-downs. Many of us are finding ourselves feeling anxious about our investments, even as the real estate market proves itself to be as strong as ever in the midst of it all. However, when we look at the real estate market — and the opportunities it provides for real estate investors — we must be sure to look in the right places. After all, the wide variety of property types and investment strategies are not created equally. For real estate investors, weighing the effectiveness and equity growth in different types of real estate investments is critical.