Your Daily Digest for Real Estate Investing, 11/27/2020

Assessing the prospects for investments in assisted living, malls, and marijuana factories. Compare landlord apps, deciding between residential and commercial investing for newbies.

Today on Millionacres

Assisted Living Move-Ins Are Up – Is it a Good Time To Invest?

In October, assisted living and skilled nursing facilities reported an uptick in move-ins, according to the National Investment Center for Seniors Housing & Care. In fact, move-ins reached their highest level since March, and that’s despite the coronavirus pandemic.

Why it matters: Millionacres’ Maurie Backman explains why investors may want to sit tight for a year or two following the current pandemic and see what regulations come down the pike before putting money into properties that may become too expensive to operate for profit.

Will This Mall REIT Follow CBL and PREIT Into Bankruptcy?

Here’s a look at one that might end up following CBL & Associates (NYSE: CBL) and Pennsylvania

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Residential vs. Commercial Investing: Which Should New Investors Choose?

New real estate investors often start with residential real estate and switch to commercial investing once they become more experienced. It doesn’t always happen that way; some investors jump right into commercial investing, but that’s not the norm, probably because the reasons new investors should start with residential investing are compelling.

Familiarity

Most people are more familiar with residential property than with commercial property; after all, people live in residential property, which could be a single-family home, condo, townhouse, duplex, triplex, or quadplex. Property with five or more units (like an apartment building) is commercial property, as are hotels, retail space, warehouses, and vacant land.

Although there is plenty to learn about being a landlord, it doesn’t take a lot of experience to be successful. To invest in commercial real estate, you should know the industry well — as well as you likely know residential — and you should have

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Multifamily apartment investing: How Emma Powell achieved 93 units

  • Emma Powell, the owner of Highrise Group, naturally gravitated toward real estate after watching her childhood home be built from the ground up.
  • To build her empire, Powell employed a strategy she referred to as the “slow flip.”
  • Today, Powell owns 93 units spread across Arkansas, Idaho, and Utah, and has another 122 units under contract in Kentucky. 
  • Click here for more premium stories.

From an early age, Emma Powell, the owner of Highrise Group, was enamored by real estate. In her formative years, her family constructed their ideal dwelling from start to finish.

“They built the whole thing, a 5,000 square foot — my mom’s dream home,” she told Business Insider. “And I realized that was the source of my interest in real estate.”

Still, Powell’s journey into the real-estate-investing arena wasn’t a clear-cut path.

Years before she pulled the trigger on her first purchase, Powell worked as a

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Japan’s Capital Sees Prices Fall Most in Over Eight Years as COVID-19 Pain Persists | Investing News

TOKYO (Reuters) – Core consumer prices in Tokyo suffered their biggest annual drop in more than eight years, data showed on Friday, an indication the hit to consumption from the coronavirus crisis continued to heap deflationary pressure on the economy.

The data, which is considered a leading indictor of nationwide price trends, reinforces market expectations that inflation will remain distant from the Bank of Japan’s 2% target for the foreseeable future.

“Consumer prices will continue to hover on a weak note as any economic recovery will be moderate,” said Dai-ichi Life Research Institute, which expects nationwide core consumer prices to fall 0.5% in the fiscal year ending March 2021.

The core consumer price index (CPI) for Japan’s capital, which includes oil products but excludes fresh food prices, fell 0.7% in November from a year earlier, government data showed, matching a median market forecast.

It followed a 0.5% drop in October

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Your Daily Digest for Real Estate Investing, 11/25/2020

Former Fed chair in the news, home prices and affordability, lots of people really are leaving big cities, and some high-end hope for malls.

In Today’s News

Bernanke: More Multifamily Housing Needed to Combat Affordability Crisis

The former Fed chair says growing supply would ease a demand crunch that’s forcing up home prices and that state and local governments will need to step up by helping private developers.

Why it matters: Affordable housing is an area of investment that has long seen public-private partnerships in action, and meeting that growing demand could present some new opportunities in the years ahead, as well.

S&P CoreLogic Case-Shiller Index Shows Highest Home Price Jump Since 2014

S&P Dow Jones Indices say that September’s 7.0% growth rate was the highest in six years and that it may reflect both a catch-up of depressed demand from earlier this year as well as presage future strength

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Euro Zone House Prices Set for Reality Check as Pandemic Bites: ECB | Investing News

FRANKFURT (Reuters) – House prices in the euro zone are in for a reality check as a pandemic-induced recession pushes more people out of work and hits household confidence, the European Central Bank said on Wednesday.

Residential property prices were remarkably resilient during the first wave of the coronavirus pandemic, rising by 5% in the first half of 2020, thanks to loan repayment moratoria and job- protection schemes put in place by governments.

But, with some of these measures expiring and economic indicators pointing downwards, the ECB said the outlook is now less rosy.

“Residential real estate price growth might face headwinds going forward as a result of a marked decline in GDP, consumer confidence and employment expectations,” the ECB said in its Financial Stability Report.

At a country level, valuations appeared most stretched in Luxembourg. The most indebted households were to be found in the Netherlands.

(Graphic: Euro zone

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How Evolution Enterprises approaches real estate investing

Investing in real estate, whether buying a house for yourself or taking a fixer-upper and selling it someone else, is often cited as a way to build wealth.

But for those with little knowledge of  how real estate investing works or how to become a “house-flipper,” it can be a daunting challenge.

Jessica Rowell, one of the three owners of Evolutions Enterprises, discusses how they got started, tips for beginners and potential pitfalls to watch out for.

Rowell and her fiancé, Rae McKinney, met their business partner, Hui Lin, several years ago over a mutual interest in real estate investing.

The interview has been edited for clarity and length.

How did you get started in real estate investing?

When I became a homeowner, I just got very excited about what you could do to improve your home. I think that coupled with my partner’s background in real estate, we just

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Oil Prices Extend Gains on COVID Vaccine Hopes | Investing News

SINGAPORE (Reuters) – Oil prices extended their gains on Monday as traders were optimistic about a recovery in crude demand thanks to successful coronavirus vaccine trials, but price gains were contained by renewed lockdowns in several countries.

Sentiment was also bolstered by hopes that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will keep crude output in check.

Brent crude futures rose 17 cents, or 0.4%, to $45.13 a barrel by 0039 GMT while U.S. West Texas Intermediate crude gained 4 cents, or 0.1%, to $42.46 a barrel. Both benchmarks had increased by 5% last week.

“Positive sentiment continues to be driven by the recent good news about the efficacy of coronavirus vaccines in development and the expectation that the OPEC+ meeting at the end of this month could see the group extend current cuts by 3-6 months,” said Stephen Innes,

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Your Daily Digest for Real Estate Investing, 11/19/2020

Home sales and prices are still soaring — and may keep it up, a possible new homeowner tax credit, a grim holiday retail season but some promising investments still there.

Today on Millionacres

Home Sales, Prices Continue Spiking as Mortgage Rates Hit Another New Low

The “best of times and worst of times” scenario continues in the American residential real estate market, with sales surging amidst an epic pandemic that’s surging itself.

Why it matters: While it’s a great time to sell a home, for the most part, it makes it harder for real estate investors to find a deal. That won’t be getting any easier if this sales pace continues, as the National Association of Realtors (NAR) predicts.

Home Prices and Housing Market Predictions for 2021

Despite the economic challenges 2020 brought, housing has had a banner year: Mortgage rates bottomed out, buyer demand surged, and home prices responded

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How Buying Commercial Notes For Sale Can Help With Real Estate Investing According to RealtimeCampaign.com – Press Release

A commercial mortgage is secured to purchase business-related properties. However, some borrowers may default on their loans and lose the property. A beneficial way to secure real estate is by purchasing the commercial note from the lender. 

Completing an Assessment of the Real Estate

The potential investor starts by assessing the real estate financed through the commercial note. When investing in real estate, the investor wants a property that presents them with a greater return on their investment. Whether they want to occupy the property or rent it out, the property must be in great shape and present them with a realistic earning possibility. If the property is too damaged, it may not present them with a worthwhile investment. Comparing the cost of a similar property to the balance on the note is also helpful when assessing a potential investment. The buyer wants to purchase the property at a lower

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