- Top 5 things that Increase Repair Costs
Chris Kennedy here with Mayfair Real Estate in Fort Lauderdale, Florida. And in this video, I’m going to show you how to make a realistic estimate for the repairs and maintenance line item on your proformas or your income statement before you purchase a multi-family property here in the Fort Lauderdale or South Florida market. So stay tuned.
- Having a Vision Makes a Difference!
Chris Kennedy here with Mayfair Real Estate and Mayfair Property Management.
Have you ever felt you or your business drifting without knowing where to go next?
In this video, I’m going to share with you a little bit of a breakthrough that I’ve had in the past couple of months and it comes from a couple of things that happened. Join us on this video!
- You NEED To Consider This Before Picking a Property Manager
There are several different types of investors in private real estate, ranging from commercial investors to accidental investors. Commercial real estate investors purchase thousands of units all over the country, whereas accidental owners initially purchased property to occupy but ended up moving for work/family.
- Huge Mistakes New Agents Make
If you’ve just entered into the Real Estate industry, you know it is a business that has almost unlimited potential. You can do extraordinarily well. And if you work at it, you can be very, very successful.
However, there are huge mistakes new agents normally make and Chris Kennedy is here to share his experience with you so that you can avoid these mistakes.
- 3 Areas That Investors Overlook
Hey, what’s up, folks? Chris Kennedy here with Mayfair Real Estate and Mayfair Property Management located in Fort Lauderdale, Florida. In this video, what I’m going to do is show you three line items that are commonly overlooked by investors when they are comparing deals.
- Types of AC
All right. So here we are in this one bedroom apartment and as you can tell, I am sweating because we’ve no power and no air conditioning. So let’s talk about air conditioning. Because we’ve got a one bedroom apartment, we’ve got a few options when it comes to upgrading the air conditioning or replacing it. Really, there are three options for air conditioning in any property, but first is what we’ve got here, wall unit air conditioning, probably the least desirable from the point of view of the resident at the property, but it can have some benefits for the owner of the property.
- How to renovate a kitchen to maximize rent
In this video, you will see Chris Kennedy with Mayfair Real Estate in our Miami beach project showing very important things you can do to improve your kitchen. Join us on this new project!
- Things You Need To Know About Electric Panels
Circuits? Breakers? Current? Don’t worry! Chris Kennedy will explain the things you need to know about electric panels on site from one of our projects.
- Best Exterior Upgrades to Increase Revenue
If you own or are thinking about investing in a multi-family apartment building, this is the right video for you! Chris Kennedy with Mayfair Real Estate and Mayfair Property Management in Fort Lauderdale, Florida will show you some of the best exterior upgrades (cost-effective ways) you can make to your property to help you to increase your top-line revenue as soon as possible.
- Fort Lauderdale Duplexes Turnaround Project
Chris Kennedy with Mayfair Real Estate in Fort Lauderdale, Florida will show you a deal we took down recently. It is a property in pretty rough shape, but with a lot of potential. It will help you to have an idea about the type of deals you might get in order to get a very reliable source of income.
- 4 Ways to Maximize the Sale Price
Chris Kennedy here with Mayfair Real Estate–I’m going to walk you through some things that you can do to ensure a successful sale once you’ve decided that you’re going to sell a property as well as tactics you can use to make sure that when you do decide to sell that property, you’re getting the maximum value for it and you’re ensuring that whoever is telling you they’re going to purchase that property id actually going to close and maximize the chances that that offer will close.
- How to Raise Rents without Losing Residents
So this is something that a lot of owners fear, especially if you have owned an apartment building for a good number of years, and you realize that your tenants are paying under market rent. Now, there are a couple of reasons that the rent might be too low. Number one might simply be that the condition of the apartments is less good than newer competing apartments for rent. So your prices are lower because your apartments don’t offer the same quality of finishes, the same amenities, et cetera, as a competitor.
- 5 Tips For Maximizing Multifamily
In this video, I’m going to show you five things that you can do to maximize the value of your multi-family apartment building before you put it on the market.
- Buy Multifamily Property in Fort Lauderdale Florida
If you’re an investor looking to pick up multifamily apartment buildings in our market here in Fort Lauderdale, Broward County, Florida, then you probably are going to work with some sort of broker or agent to help you buy the property and it’s important that you make the right choice. There are a lot of options out there. In this quick summary, I’m going to give you a few reasons that you might consider working with me and my team.
- How We Can Help You Sell Your Multifamily Property for Top Price
Christopher Kennedy, the principal Broker and Founder of Mayfair Property Management and Mayfair Real Estate has been in the market helping investors to buy and sell multi-family apartment buildings in South Florida for the past 12 years and on this video, he explains the ways Mayfair can help you sell your multifamily property for the top price.
- My Biggest Obstacle And How I Overcame It
Chris Kennedy jumped into the real estate business in 2012 while running his other business full-time which helped him pay the bills and he will share with you his single biggest struggle or obstacle faced in his real estate career and how he overcame it.
- Earn 40% Or More On Your Capital By Doing This!
In this video, Christopher Kennedy, our principal Real Estate Broker shows that sometimes it’s much better to reinvest in property that you already own, rather than going out and looking for a new property to purchase.
- Return On Equity- Second Part
In this second part, Chris will give you a lot of very important information if maybe you own a couple of properties and you’re looking to grow your portfolio, get into a bigger property, more units. So, this is how things could be seen on the big picture level using return of equity.
- Why It Could Be A Mistake To Renovate And Raise Rents!
In this video, you will be able to identify the reasons why it’s not always the smart investment to put your money into a building that you own and crank up the rents.
- Return On Equity- First Part
In this first video, our principal Real Estate Broker, Chris Kennedy will show you about a measure of investment performance that a lot of investors completely overlook, or just do not put enough importance on. And that is called return on equity.
- 3 Unseen Costs Overlooked By Most Investors
In this video, I’m going to show you three line items that are commonly overlooked by investors when they are comparing deals. So three line items that eat into your profit on apartment buildings, multi-family investments, that a lot of investors overlook when they’re underwriting deals. We’re going to get right into it.
- Buyers – 8 Ways To Make Your Offer Stronger
Chris Kennedy, Real Estate Broker at Mayfair Property Management and Mayfair Real Estate shows eight things that you can do as an investor to increase your chances of getting an offer accepted on your next piece of real estate even in this super competitive sellers’ market in South Florida; and across most of the United States.
- Seven things to consider when moving for your job
The moment that you’ve been waiting for has finally arrived; a job offer. Finding work during the last year has been a challenging task, considering everything that’s going on with the world, so this is a massive moment for you. There’s only one thing that stands in the way of you and your new position. … Continued
- What is a 1031 Tax-Exchange?
If you’re a real estate investor and not sure what a 1031 Tax Exchange is, this article may very well be worth its weight in gold. A few weeks back, we wrote an article about the conditions of the market, and how we’re seeing unprecedented levels of demand.
- Is the Rental Market Still Alive for Investors?
2020 pulled out all of the stops, at least as far as surprises. Between the first pandemic in over a century and its effects on the housing market – such as lowered interest rates, an unprecedented demand for housing, and millions of Americans relocating. That begs the question; where does the rental market land between … Continued
- Buyers or Sellers market? How to spot the difference
The real estate market, unlike some other investment assets, acts in cycles. While the stock market has been notably unpredictable, the real estate market has historically been a bit more formulaic — it switches between sellers and buyers markets.
- Are people moving to Florida?
Millions of people across the country have been forced to reconsider the size of their homes, their finances, and their well-being. The US Census Bureau states 3.4% of the workforce was working remotely before 2020. According to the Stanford Institute for Economic Policy Research (SIEPR), a whopping 42% of the labor force in the US is now working from home.
- Buy Apartment Buildings in these 3 neighborhoods in Hollywood, FL
About Hollywood Florida If you’re looking to buy apartment buildings in Hollywood, Florida, then this article is for you. I’m going to go over just a few things that I would tell any investors that are looking at Hollywood, Florida as an investment market. There are obviously good things and bad things about Hollywood that … Continued
- Where to Find Apartment Buildings for Sale in Fort Lauderdale, FL
Okay, so let’s talk about some neighborhoods where you can pick up good multifamily apartment buildings in and around Fort Lauderdale. It’s becoming more and more difficult to get good cash flowing apartment buildings in the heart of Fort Lauderdale and surrounding neighborhoods, but there are some neighborhoods where there’s still good opportunity depending on … Continued
- Buying A House? Demand These 3 Things From Your Agent In Fort Lauderdale or 33304
If you’re thinking about buying a house in Fort Lauderdale, and if you’re going to buy one with the help of an agent, make sure you get the service you need. Read this blog post for information about buying a house? Demand these 3 things from your agent in Fort Lauderdale… If you’re planning to … Continued
- How to Find the Right Real Estate Agent that Fits Your Needs in Fort Lauderdale
Are you thinking about selling your Fort Lauderdale house with the help of an agent? There are so many agents out there that it’s hard to know which one’s the right one. That’s why we’re sharing this blog post about how to find the right real estate agent that fits your needs in Fort Lauderdale. … Continued
- 4 Things You Need to Expect When Selling With an Agent
Are you working with a local Fort Lauderdale agent to sell your house? Or maybe you’re thinking about it? If so, we’ve collected the top 4 things you need to expect when selling with an agent — to help you navigate this process easily! There are many ways to sell your house and many people … Continued