At Multifamily Empire, we have long seen the importance of viewing our properties as more than just investments. They are micro-communities that are a significant part of our residents' lives. Because of this, we do our best to foster a sense of community at our properties.
In this Forbes article, Levi Kelman, the CEO and founder of Blue Onyx Companies, examines ways technology can be incorporated into the multifamily market to benefit residents. One way, he says, is by treating multifamily as a hospitality market.
Creating community within a property is essential, but connecting residents to the surrounding society is just as important. Therefore, when adopting new rental technology, managers and owners should attempt to create mutually beneficial relationships between residents and local organizations as well as improve residents' quality of life.
To truly utilize new technology to its fullest potential, we must do more than simply adopt it. Instead, we must find ways to implement innovative rental technologies in a meaningful way.
Check out the rest of the article on Forbes, which includes other ways to use tech in a way to benefit residents.
Milagro is now Miramar!
One of our properties had a very special month! The complex previously known as Milagro was officially rebranded as Miramar Apartments and Townhomes. Not only that, but we celebrated one year of ownership in the same week, so we planned an extra special event.
We invited our investors to visit the property for a tour highlighting all the improvements we have made over the past year. This gave investors an up close and personal look at how we upgrade our properties, as well as what that means for their investments!
That same afternoon we launched the new brand, which included an updated name, a fresh coat of paint, and revamped signage for the property. We held a classic ribbon-cutting ceremony followed by an investor happy hour. The afternoon ended with an excellent chance for us all to network and have some fun.
We had such a fantastic experience, and we look forward to doing this again with future properties and investors!
"We always tell investors to pay attention to the history and credibility of the people who they may potentially invest with. At Multifamily Empire, we've built a strong track record thanks to our hands-on operational processes. Daily operation is a big deal for us, and it's what helps us ensure that our investments are stable. Our team focuses on buying properties in the Dallas/Fort Worth Metroplex for two main reasons. First, the market here is prime for multifamily investments. Second, since we live here, we can remain hands-on and visit the properties when needed. On top of location, we focus on creating solid operational procedures. We keep our processes tight by utilizing our own landscaping and construction companies and always maintaining direct contact with our property managers. These experienced teams work hand in hand with our marketing team, who create compelling and attractive brands for each property. By keeping so much of the essential work in-house, we can find ways to raise rent while keeping expenses down. All of this hard work results in more returns for our investors." - Delia and Neander Lima
"I invested as a limited partner with Neander, Delia and the Multifamily Empire Team a few years back in the Enclave on Pioneer apartments.
My experience has been awesome as they provide impeccable financial and operational reports like clockwork and were able to successfully implement their business plan to exceed initial expectations.
If you are on the fence about working with Neander and his team, I highly recommend you give them a try and I think you'll be very happy with them"
Brandon Wong,Founder of Claro Capital
A lot of people ask us how we do what we do. The truth is, we've been through a lot of trial and error and learning experiences along the way! But our very first step was to invest passively with people we trust. And we still do!
A study conducted by Zillow shows that a neighborhood's value often increases after a Starbucks is built. This has become known as the Starbucks Effect, and while it's not an exact science, it's a great sign that a neighborhood is up and coming.
It's almost hard to believe that so many experts are sharing their knowledge for free, but it's true! Real estate podcasts are booming, so don't let these educational opportunities pass you by. Podcasts are perfect for quickly digesting educational material in your spare time, so tune in!
