Multi-Family Investor    Collective (MFIC)                 Market Research:Narrowing Your Investment Universe             ...
AgendaI.     Brief Prior Meeting Review & New Member IntrosII.    MF Investment Process       Narrowing Your Investment Un...
I. Review of Prior Meeting &New Member IntrosReview of Prior Meeting:Prepare Yourself for Multi-Family Investment SuccessN...
II. Multi-Family Investment ProcessPhase          Investment ProcessPREPARATION    1.   Prepare Yourself for Multi-Family ...
III. State & County Identification      Population Growth, 1st Predictor of a Growing MarketInvest Where People Are or Wil...
III. State & County Identification      Population Growth, 1st Predictor of a Growing MarketTop 10 StatesRanked by GrowthR...
III. State & County Identification      Population Growth, 1st Predictor of a Growing MarketTop 10 StatesRanked by GrowthR...
III. State & County Identification     Job Growth, 2nd Predictor of a Growing MarketInvest Where the Jobs Are or Will BeUS...
III. State & County          Job Growth: Invest Where Jobs Are/Will Be Thousands of counties are now experiencing job grow...
IV. City (MSA) SelectionReview City/MSA multi-family indicators                                                   Review: ...
V. Neighborhood AnalysisNarrow down your investment universe to high growth neighborhoods.Ensure neighborhood is stable or...
V. Neighborhood AnalysisNarrow down your investment universe to high growth neighborhoods.Ensure neighborhood is stable or...
VI. Putting it All Together:Narrowing Your Investment Universe                                NEIGHBORHOOD ANALYSIS   Revi...
VII. Open Discussion &Concluding Statements  Questions?  Handouts     Online Sources of FREE Institutional Research Report...
Extra Slides:Determinants of Property Value  The “DUST” framework.  Determinant             Importance  D emand           ...
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How to Narrow your Real Estate Investment Universe by Jon Strishak

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A presentation describing the process of how to narrow your real estate investment universe.

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Transcript of "How to Narrow your Real Estate Investment Universe by Jon Strishak"

  1. 1. Multi-Family Investor Collective (MFIC) Market Research:Narrowing Your Investment Universe February 4, 2009
  2. 2. AgendaI. Brief Prior Meeting Review & New Member IntrosII. MF Investment Process Narrowing Your Investment UniverseIII. State & County IdentificationIV. City SelectionV. Neighborhood AnalysisVI. SummaryVII. Open discussion & Concluding Statements
  3. 3. I. Review of Prior Meeting &New Member IntrosReview of Prior Meeting:Prepare Yourself for Multi-Family Investment SuccessNew Member Intros Investment experience Why real estate investing? Short-term goal Something interesting about youGoal: ID one person who you may be able to assist.
  4. 4. II. Multi-Family Investment ProcessPhase Investment ProcessPREPARATION 1. Prepare Yourself for Multi-Family Investment Success 2. Market Research: Narrowing Your Investment Universe 3. Building & Managing Your Investment TeamBUY RIGHT 4. Mastering Multi-Family Investment Analysis: The Properties’ First Hurdle 5. Offer & Negotiations: Getting to Yes 6. Due Diligence: Verify—Do I Really Have a Good Deal?MANAGE RIGHT 7. Writing an Investment Management Plan: The Roadmap 8. Executing Your Investment Management Plan 9. Value Add: Practical Ways to Increase Property ValueSELL RIGHT 10. Sell Right: Preparing Your Property to Sell For Top Dollar
  5. 5. III. State & County Identification Population Growth, 1st Predictor of a Growing MarketInvest Where People Are or Will BeUS Census Bureau: Population Projectionshttp://factfinder.census.gov • Decennial Census • American Community Survey • Population Estimates Program • Economic Census • Annual Economic Surveys
  6. 6. III. State & County Identification Population Growth, 1st Predictor of a Growing MarketTop 10 StatesRanked by GrowthRate2000 to 2030 4. Texas 3. Florida 7. North Carolina 8. Georgia 1. Nevada 9. Washington 10. Oregon 2. Arizona 5. Utah 6. Idaho Source: US Census
  7. 7. III. State & County Identification Population Growth, 1st Predictor of a Growing MarketTop 10 StatesRanked by GrowthRate2000 to 2030 4. Texas 3. Florida 7. North Carolina 8. Georgia 1. Nevada 9. Washington 10. Oregon 2. Arizona 5. Utah 6. Idaho Source: US Census
  8. 8. III. State & County Identification Job Growth, 2nd Predictor of a Growing MarketInvest Where the Jobs Are or Will BeUS Bureau of Labor Statistics: Available by national/state/county/occupationhttp://www.bls.gov
  9. 9. III. State & County Job Growth: Invest Where Jobs Are/Will Be Thousands of counties are now experiencing job growth… Example: Travis County (Austin), TXPositive Trend: Maricopa County (Phoenix), AZ Dallas County (Dallas), TX Dade County (Miami), FLNegative Trend: Mohave County (Lake Havasu City), AZ Hopkins County (Sulphur Springs), TX Brevard County (Cape Canaveral), FL Grand Canyon Dairy Capital of Texas “Space Coast” for JFK Space Center
  10. 10. IV. City (MSA) SelectionReview City/MSA multi-family indicators Review: Institutional ● Available Property Types Market Reports City Websites ● Vacancy Trends Masterplan ● Employment Trends Local News & Media ● Construction Trends ● Rent Trends ● Sales Trends Exercise: Institutional Marketing Reports
  11. 11. V. Neighborhood AnalysisNarrow down your investment universe to high growth neighborhoods.Ensure neighborhood is stable or improving. Look for growth drivers● Development Review: Incentives City Websites● City Planning & Masterplan Path of Growth Local News & Media Police Department Websites● Crime Stats & Trends Zip Code Analysis Websites● Transportation● Employment Diversity / Sources● Tenant Profile
  12. 12. V. Neighborhood AnalysisNarrow down your investment universe to high growth neighborhoods.Ensure neighborhood is stable or improving. Look for growth drivers● Development Incentives● City Planning & Path of Growth● Crime Stats & Trends● Transportation● Employment Diversity / Sources● Tenant Profile
  13. 13. VI. Putting it All Together:Narrowing Your Investment Universe NEIGHBORHOOD ANALYSIS Review local media sources to narrow down your investment universe to high growth neighborhoods. Ensure neighborhood is stable or improving. Look for growth drivers. ● Housing Composition ● City Planning/Path of Growth ● Crime Stats & Trends ● Transportation ● Employment Div / Sources ● Tenant Profile CITY SELECTION Review institutional market reports to ensure market indicators are favorable. ● Available Property Types ● Vacancy Trends ● Employment Trends ● Construction Trends ● Rent Trends ● Sales Trends STATE & COUNTY IDENTIFICATION Review US Census demographic data and identify states that will experience population growth. . Review US Bureau of Labor Statistics and, within the states identified, select counties that will experience significant job growth. ● Population Growth ● Job Growth MARKET SELECTION PROCESS
  14. 14. VII. Open Discussion &Concluding Statements Questions? Handouts Online Sources of FREE Institutional Research Reports Deal X-RayNext meeting…Building & Managing Your Investment TeamGuest Speaker: Chad Hill, Dallas/Ft Worth GMAC REO Team
  15. 15. Extra Slides:Determinants of Property Value The “DUST” framework. Determinant Importance D emand 2 U tility 1 S carcity 3 T ransferability 4

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