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Blackstone’s real estate group has spent more than $7 billion to acquire 40,000 homes, making it the biggest landlord in the burgeoning U.S. house-rental industry. Last week, Blackstone’s Invitation Homes completed the first ever U.S. securitization of single family rental homes (SFR) – and from all accounts the deal was a wild success for Blackstone. Now, this is obviously great for Blackstone – but what does this mean to you, the average SFR investor? Secularization is basically a fancy form of financing that enables those investors that are capable of it (large investors, with assets in the $100’s of millions) access to the bond market, where they can get cheaper debt than can be had in a traditional real estate transaction. Blackstone’s initial secularization is only comprised of 3,207 of their total 40,000+ homes. Blackstone purchased the properties for $444.7M, and put repairs of $98.1M into them, for a total cost basis of $542.8M. According to the brokers hired to value the pr

A lakefront Boca Raton mansion with a price tag of $12.75 million comes with several perks — direct ocean access, home theater, full gym, two gourmet kitchens and, oh, a free Phantom Rolls Royce valued at $450,000. The owner of the home is throwing in a rare, $450,000 Rolls-Royce Phantom. "Everyone likes perks, everyone likes great perks," said Adzem. Located on prestigious Lake Boca Raton with direct ocean access, this estate is a yachters dream. Gated and grand, this is the largest home in Boca Raton, with 16,200 living sq. ft., that includes a grand master suite, sweeping grand staircase, two gourmet kosher kitchens, home theatre and separate guest quarters. With the total of 24,000 sq. ft, the home boasts a 9-car garage, an outdoor entertainment area, loggia, an infinity-edge pool and spa and a tranquility garden. Moreover, this is the one and only yacht dockage in Boca Raton ready to accommodate three boats, including a 130 super-yacht, and a 75 mega-yacht. article

WHAT IS A SHORT SALE? A “Short Sale” (Also referred to as: “Negotiated Settlement”, “Short Pay” or “Pre-Foreclosure”) occurs when a Lender agrees to accept less than the amount owed on the original note or total payoff, as an alternative to foreclosure. If the property is worth less than the amount owed on the loan, even a foreclosure would result in a loss for the Lender. Often a Lender’s bottom line will dictate the benefits of accepting less money in a sale now versus the cost of the foreclosure process and selling the home as its new owner. HOW LONG WILL IT TAKE? The Short Sale negotiation process can be rather lengthy. It may take several weeks to several months for an approval. Many Lenders will have several layers of bureaucracy, insurers, and investors to maneuver through in order to get a Short Sale approved. It is important to be patient during this long process. BUY MY HOUSE IS GOING TO FORECLOSURE, WILL I HAVE ENOUGH TIME? Maybe - maybe not. Accepting a buyer’s offe

As entrepreneurs find success with their primary business ventures, many search for the proper investments for their profits. Of course, we can and should all start traditional tax preferred vehicles like an IRA and 401k. These are the bedrock of good 'benefit' planning for ourselves and our employees. I'm also convinced more entrepreneurs should consider rental real estate as an important part of their portfolio. I realize many business owners shrug off this concept after the recent downturn in real estate values, but let me list a few reasons that may change your mind: 1. Gain more leverage. Real estate is one of the few investment vehicles where using the bank's money couldn't be easier. The ability to make a down payment, leverage your capital, and thus increase your overall return on investment is incredible. 2. Grow, tax-free. Buying rental property based on speculation of its value is a dangerous tactic since cash flow is the key. However, appreciatio

Private equity giant Blackstone has been a massive force in the U.S. housing market, buying up thousands of foreclosed homes and converting them in to rental properties. Yesterday, the FT's Tracy Alloway and Anjili Raval reported that Blackstone will launch a "novel security" this week that will pay investors with the rental income coming from these properties. This caught the attention of newly-minted Nobel Prize winner and housing markets guru Robert Shiller, who Tweeted that this could "mark a revolution." We reached out to Shiller for more color. "I am excited to hear about this new possibility," he responded. Shiller told us he believes this would provide the market with more current and accurate pricing information, thus making the housing market much more efficient. "My first thought is that this securitization might develop the markets further, and that the two markets might support each other," he added. "On a deeper level

It is easy for everyone to give their opinion as realistically every property has a unique scenario. Having renovated from the un-livable to a premium finished product, there is a lot that can be done on a budget to create record sales results from your investment. Looking after your investment on daily, weekly, monthly bases makes a massive difference with buyer phycology on the integrity of the structure small or large. Basic house improvements prior to sale, may not necessarily spike an end sale price above a median suburb price but reduce the risk of overexposure and it not selling at all or and end up selling below median prices in a forced sale situation. Selling property as a profession at all price points and condition standards the best three tips whether your investment be 1 or 1 years old. 1. Maintained yards and gardens, 2. Maintained exteriors and interiors, 3. De-clutter your property and create space. I can talk all day about letter boxes, painting fences , neutr

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