Results for ‘Building Adaptive’ category

Why I’m starting up again

Have been wrestling with the question of whether or not to continue blogging. The downside is obvious: We have tons of copycats / competitors who read this site to glean information about where we buy, how we renovate, etc. The more competitors, the more prices for deals are bid up, and the fewer deals make

Zell vs. Zeckendorf

Have just finished reading two excellent autobiographies, one by Sam Zell and the other by William Zeckendorf. For those who don’t know: Zell is a legendary investor, particularly in distressed assets. He created companies that, at one point, were the largest multifamily REIT, the largest office REIT, and the largest mobile home REIT. He has

In, out, and (possibly) back into the brokerage business

Regular readers of this blog have probably noticed a shift in our business here at Adaptive. When I first started writing, roughly five years ago, we were knowledge-rich but capital poor. We knew a ton about buying, renovating, leasing, managing and selling apartment buildings from our experience doing 12 deals between 2008-2012 through Better Dwellings. But

Why we love (our) property management business

A lot of people in real estate HATE residential property management. Why? Tenants understandably get pretty upset when they’re paying good money for an apartment and things break. And, on the flip side, no one calls up her landlord when things are going great and says “Hey! Thanks for my apartment! It’s wonderful!” So the business

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