Turning Real Estate Problems Into Opportunities in Florida and California

Some real estate investors, developers, and brokers see sales and market trends that are down and shy away from the impacted area. Others see them as a reason to explore the future potential. A case can be made for either decision. 

 

Meanwhile, some people and teams are in it for "today", while others prefer to look toward the long term when it comes to real estate decisions. Making a transaction based on the exit strategy could mean the "payoff" is years away or months away. Real estate is often a cycle. Right now, there are a lot of questions about Florida and California because of recent major natural disasters. Concerns about rebuilding are heightened because of significant insurance costs and how they are likely to add to a new real estate venture. 

 

However, insurance risks simply can't stay high forever. It may take a few years, but you can't tell us that parts of Southern California and Florida will be abandoned and without rebuilding while insurance companies sit back and do nothing about it. Simply put, there may be opportunities right now that won't be there in a few months or years. 

 

Over the past couple of years, many investors have taken a pass on commercial and residential deals because "rates are too high". Others have taken advantage of those deals knowing that they could refinance when rates finally drop.

 

Right now, there are opportunities to acquire properties and land for rebuild and development in Florida and California that won't be there down the road. Some displaced residents and businesses are still looking for their next property. Opportunities are there for those that know to create them.

 

Research I have done for my valued clients and connection (and myself) allows me to create long-term strategies which benefit investors, developers, and other real estate professionals. For example, I have a "100% Funding on Vertical Construction" Program for residential properties with horizontal in place and using the land as collateral. I have an approved and highly experienced builder ready to participate. I'm aware of land parcels available right now that would be an ideal fit. Some investors know that conditions will change in those states and areas, whether sooner or later, and they could be in great shape when they do.

 

Opportunity is knocking. Let's connect!

 

https://floridapolitics.com/archives/729964-south-florida-home-sales-prove-dismal-in-march/  

No Waiting For Office to Apartment Conversions - If You Know How and Where to Look

Converting unused office space can be a great opportunity for commercial property owners and investors, while providing plenty of work for contractors, brokers, lenders, designers, and other services related to real estate transactions. From what I'm seeing, it appears to make a difference which municipality you are considering for making a conversion happen.

 

Some cities are looking to regulate conversions to the point of helping with grants and tax incentives. Other cities are trying to regulate rental costs or the exact type of build(s) allowed. Stamford CT is an interesting example of what can happen. The city is not offering any grants, tax incentives, or advantages, but several developers are doing conversions anyway. Although the demand appears to be there to support the need for housing over office space, some cities are more concerned with controlling rent than with providing needed housing. 

 

It is likely that municipalities making it more challenging will lose out to others that are making it easy. This situation is another example of how and why research and having the best information can make a huge difference when it comes to real estate.

 

My team and I are here to help you and your team create the best possible opportunities!

https://propmodo.com/how-cities-are-turning-empty-offices-into-housing-and-what-it-really-takes-to-make-it-work/

 

 

Tracking Current and Potential Tenants Is The Lease You Can Do

When it comes to working in real estate, the quest should be to have better information at your fingertips than your competition and people you are negotiating with. Before the numbers work, the concept has to work. 

The article linked below focuses on how the one-time leader among “family” multi-location steak restaurants has lost its lead, and to which establishments it did. Outback is no longer the leader, while Texas Roadhouse has, statistically, taken over. Unfortunately, we have seen this movie before. A leading business starts a decline and in today's business world, does not recover and winds up in bankruptcy. This is not to say that Outback will wind up that way, but plenty of restaurant chains have. 

Whether a real estate developer, broker, contractor, lender, or investor, you want to associate with a leader on the rise whenever possible. Keep track of trends which could impact your bottom line. If I was currently leasing space to Outback, I would start looking for potential “eventual” candidates now and make or continue contacts. If I have space to lease to a restaurant chain, I would consider Texas Roadhouse, or another chain on the “way up”. Years from now, it could mean a lot to your wallet by doing constant research.

 

https://www.cnn.com/2025/03/28/business/outback-steak-texas-roadhouse-longhorn/index.html 

 

 

Success From Seeing What Is Not There

Seeing opportunities in real estate is only the start. Making them happen is the next step. The below linked article shows three separate historic buildings which have been converted into boutique hotels in Texas.

 

Some people see this type of story and think, "How did they do this?". They did it by having solid research in place. I highly doubt that any of the historic buildings were listed or advertised as being potential hotels. Yet, three separate organizations were able to put deals together and make them a reality, likely with zero competition.

 

In real estate, it helps to see what is NOT there along with knowing what to do about it. Having a vision and then determining whether or not the numbers can work is a module of operation for some. Those that carry it all the way through are setting the pace. These boutique hotel owners had enough information to bring the opportunity they envisioned to life. It goes from dream to reality when funding appears followed by architects, designers, contractors, and brokers get involved to make it happen.

 

It is not a new or recent concept to convert problems into successful opportunities. The article about these three ventures ties them together from over a 20 year period. This is NOT market driven. Opportunities for success in real estate are always there - for those that know how to find them.

 

https://www.chron.com/life/travel/article/texas-historic-hotels-boutique-buildings-20246495.php

 

If The Space Is So Great, Why Is It Being Auctioned?

If the space is so great, why is it being auctioned off?

 

I spend a part of my business day seeking opportunities for my valued clients, students, and connections, and am always working on at least one.There are endless stories about repurposing, transforming historical buildings, billion dollar upgrades, and so on. 

 

Many of us are aware that JoAnn Fabrics is going under, and understand that happens when retailers don't have a solid strategy. The big shock for me came this morning when I read that leases from 11 stores with at least 10,000 square feet each are going up for auction. Auction??

 

It would seem there would be at least one broker that could be working those spaces, whether talking with neighbor tenants, competitors, retailers, and service businesses about taking or sharing those locations. These leases are spread around different communities which may have different needs.

 

Empty spaces in malls and shopping centers don't help anyone. If a storefront "couldn't sell at auction and the business in there went bankrupt", it's not like there will be market demand moving forward. You can't tell me that how a property is positioned doesn't matter.

 

From my viewpoint, no one wins from this decision. If these leases sell at auction, the buyer has the task of filling the space - but with no certainty of eventual renewal at a favorable price. The current owners get minimal return, even if it does go to creditors (who deserve better). At the same time, plenty of opportunities for brokers, landlords, developers, investors, lenders, and contractors go down the drain.  

We need to create opportunities from realistic situations.

 

https://jerseydigs.com/joann-fabrics-auction/ 

 

 

 

 

 

 

How Tomorrow's Successes Take Flight

 

It happened again yesterday. I was asked about what I look for when researching or evaluating a property. As always, it brings on a two-part answer, which is the opportunity AND the numbers. Or is it the numbers and the opportunity?

I’m going with opportunity first. It may come in the form of motivation, something happening in the neighborhood, or an expansion. There should be reasons to look into real estate opportunities within a specific area before running the numbers. Strategies don’t come from reading the latest real estate trends and statistics.

The article linked below is about the upcoming expansion of facilities at and near Chicago O’Hare Airport. Whether you have anything to do with real estate in that area or not, there are plenty of opportunities for success upon finding numbers that work in your favor.

Seeing the increase in hotel room demand, an upcoming ice rink, and other plans for the area already are creating opportunities for real estate developers, brokers, investors, lenders, and contractors. Guests and visitors to the area, whether using the Airport or not, are clearly on the increase. They like to eat, drink, shop, and be entertained. Investors may want to acquire land for development or look at expanding existing buildings. 

If your current role doesn’t allow time to find these opportunities that could pay off big time down the road, it shouldn’t stop you from finding and evaluating them. Ask me how……

 

https://rejournals.com/ohare-takes-flight-with-new-cre-investments/ 

 

 

 

 

 

 

 

 

Real Estate On The Right Side of the Tracks

While the numbers must be the primary consideration for acquiring or selling a property or real estate opportunity, your research and running the scenarios should not stop there. I’m amazed at the number of times I have to remind a student, client, or valued connection about this. Facts about demographics, nearby properties and amenities, and the potential for the location sometimes are as important as the numbers.

Sometimes, as the below linked article shows, it’s a matter of which side of the tracks you are on. (Or, in this example, which side of the freeway.) No matter what our individual feelings and philosophies are, the local environment plays a role in the pricing and structuring of real estate. Which side of the tracks, freeway, mountains, or woods a property is on can make or break a deal. It’s another reason you can’t rely solely on the numbers.

 

https://nextcity.org/urbanist-news/new-study-shows-how-much-highways-block-social-connection

 

 

Houston - We Have New Opportunities

It amazes me how many people in the wonderful world of real estate pass on reading about opportunities like the plans for the huge $2 billion expansion of the convention center area in Houston. A project of this magnitude means plenty of business for investors, brokers, lenders, and contractors. There will be new insurance policies, title searches, and design needs which will involve proposals and bids from potentially hundreds of vendors. Attorneys will be needed to finalize leases, complete closings, and review permits. Technology like Custom Interactive Virtual Staging and virtual reality tours for proposed properties (which my team and I can help with!) will be called upon.

Although my office is hundreds of miles away and I have not been to Houston in six years, some of my valued clients and connections have already heard from me as I alert them to this major news.

I continue to uncover opportunities because, no matter how ‘busy’ my schedule is, I look for research that could help my clients and my team to increase their bottom line. The more I know at the negotiating table that the other party does not, the better my chances are to score a good deal. Just like in school, the one that does their homework gets the better grades.

 

https://www.archpaper.com/2025/03/populous-houston-convention-district/

 

 

The Lessons of Wildfires

What a difference a few months can make. The story (linked below) about building a “wildfire resistant” house would not have generated many views as recently as Thanksgiving and the holiday season. Now, there are plenty of real estate developers, investors, and brokers that should find the information helpful.

There are lessons to be learned because of all of us seeing the spread and damage of wildfires in Southern California and more recently in other parts of the country. Add in the consideration that new construction starts are becoming less frequent than we have seen in recent years. If they are going to be built, they need to have added protection.

 

 

However, the significance to me is that this type of research is available, and not only because it is timely. Part of my strategy of performing and providing helpful research for clients and connections is to take from my resources. Over the years, I have made it a point to save helpful and credible articles like the one below to have this type of information handy for if and when needed. Just as many sales people lose business by not following up when they should, a lot of helpful research goes unused because real estate investors and professionals didn’t retain it.

Whether you make notes of your key takeaways or save and label the link, it can make a huge difference to have information to rely on that your competition or the person at the other end of the bargaining table doesn’t. I enjoy coaching real estate professionals and investors on how to collect and best utilize research to their advantage. Let’s connect!

 

 

https://www.scientificamerican.com/article/how-to-build-a-wildfire-resistant-house/

Should Be Plenty of "Room" For Hotel Research

Even if you are not involved with hotels as a broker, developer, or investor, your real activities might involve a property or opportunity which is, at least in part, dependent upon hotels. Nearby restaurants, event centers, and shopping are examples. Sometimes nearby employee housing is a part of the involvement.

Travel trends seem to indicate that after an overall increase in 2024 that economic uncertainty is a factor in the recent reduction in air travel. If you are considering investing or expanding a hotel property or one which is impacted by hotels, it would help to research the area to better determine the target audience. It is another example of how you need to consider more than the data relating to a property. 

The article linked below focuses on hotels in Hawaii, but some of the concerns apply in many more places. Whether you own or invest in hospitality related properties, or are a broker or service professional working with owners and investors, it helps your business to keep up with industry trends and concerns.

 

https://www.civilbeat.org/2025/03/a-talk-with-the-hawai%CA%BBi-hotel-alliance-about-an-uncertain-time-for-tourism/

 

 

Credit Card Debt Means Renting

It is well known that some cities and regions are more favorable for renting than buying regardless of what it costs to buy a home. Some people would like to buy (instead of rent) but simply don’t have a choice, at least for a period of months if not years. Under current economic conditions, more and more people are facing increased credit card debt. One of the most important factors a mortgage lender or bank considers is the debt to income ratio of the applicant.

The percentage of consumers facing higher credit card debt compared to “emergency funds” has increased from 22% to 33% over the past three years. A debt to income ratio at or over 30% typically means that consumers will be denied credit, and that is for amounts which are much less than for what obtaining a new mortgage requires.

A multi-family landlord or investor in multi-family properties should be aware of such trends, especially prior to making decisions regarding a potential transaction or if looking to leverage a property to expand a portfolio. These elements can be a part of your research, and could play as much of a role as home sales and price trends within the market(s) under consideration.

Meanwhile, this same research could be just as valuable to landlords that rent and investors looking at single-family homes in specific cities and areas. Just as some cities show more people with much higher than average credit card debt (which favor rental situations), there are others with much lower debt. Having “lower” debt means that more local consumers are likely in a much better position to purchase a home if other market conditions are right and/or the motivation is there.

If you knew that very recent research showed Toledo, Milwaukee, and Des Moines among cities with lower average credit card debt, you would have motivation to sell or invest in homes to benefit from those areas. Or, if you knew that NYC, Riverside (CA), and Chesapeake (VA) were among cities with the most consumer debt, you might have better rental options.

You would not make real estate decisions based on this data alone. However, this is the type of data which could greatly impact and improve your ability to achieve success in real estate. The link below is to some of the results of the research needed to add this criteria to your investing decisions. My team and I are here to help you formulate and utilize this criteria within your research and add to your success. 

I want my clients to have this and more information when negotiating with a party that does not. Which side of the negotiating table would you prefer?

 

https://www.newsbreak.com/san-diego-post-314653203/3857408330306-americans-carry-1-35-trillion-in-credit-card-debt-with-california-cities-leading-the-pack

 

 

 

 

 

 

 

Reasons To Call Commercial Real Estate Clients

In this era where Customer Service is becoming a thing of the past, the savvy real estate professional or investor should constantly be on the lookout for ways they can BETTER serve past, current, and possibly potential clients. I want my research and marketing clients and connections to have strategies to stay top of mind whether in a potential transaction situation or not. (Emphasis on the "or not".) Working relationships should not just be confined to leading to a closing table.

 

Only a percentage of my readers have been or are involved with restaurant owners and transactions. However, a much bigger percentage would benefit by having a reason to contact people from a past transaction or that they need to stay in contact with.

 

The news story from Chicago about possible political involvement in regulating restaurant reservations to reduce no-shows which cost revenue would seem to have nothing to do with buying or selling real estate. Actually, it doesn't.

 

However, if I were a betting man, I would bet that many restaurant owners in Illinois are not (yet) aware of this story, and might want to be. If I was currently involved with selling or investing in commercial real estate, I would be calling my restaurant contacts to make sure they saw this story (link below).

 

Why? It is something they could get involved in which could directly and positively impact their bottom line. They might not have known "if not for you". Chances are significant that no one else in the real estate community is going to call them today to make sure they are aware about possible legislation to help them eliminate bad reservations. It is your chance to get them to talk about their business. Maybe they are looking to expand, sell, or buy the building they are now renting. You would catch them at a time when no one else is.

 

If you are not involved with restaurants or commercial real estate, you could still tip them off to something. Maybe they know of someone that needs what you provide. This approach does you a lot more good than having them on a group email of a pie recipe.

 

You should be making calls like this, and doing so without reservations!

 

Reservations Legislation?

 

 

Will The Airlines Give Some Landlords Reasons To Fly Away?

It's a story about top executives at the major airlines showing concern about economic concerns. This is a blog which focuses on real estate. My instincts from years of performing research tell me there is a connection for some people and companies on the real estate side.

 

The message is clear that fewer people will be flying over, at the very least, the next few months. There are many reasons, ranging from people having done "extra" travel to make up for missed time due to the pandemic to increased fear over job loss to recent airplane disasters scaring off potential passengers.

 

Some landlords and investors need to take this situation into account. If you have one or more properties on short-term rental plans, you need to consider that you may be facing less of a target audience this Summer and beyond. Might be worth looking at pursuing long-term tenants or perhaps selling or exchanging with someone who is not taking these possibilities into account.

 

If you are on the commercial side, consider that hotels, restaurants, and tourist venues which depend heavily on customers flying to and from the area are likely to be impacted by this expected downward trend in air travel.

 

As I continue to preach to my valued clients and connections, being aware of "everything" that could impact your business and/or properties is of the utmost importance. This is whether it's good or bad possibilities. Be ready to adapt.

 

You could have the most wonderful property deal on the planet, but you need for people to want to travel there for it to matter.

 

 https://www.cnbc.com/2025/03/11/airline-ceo-domestic-travel-demand.html 

Finding Your Best Opportunity Among 2,000 Properties

It’s understandable that some investors shy away from negotiating with a municipality or state about one or a group of properties. Some of the requests or bids come with strict requirements that not every hopeful applicant can meet.There are situations in which the offer is not attractive to potential buyers. Other times an interested potential buyer does not have the funding to purchase or rehab.

Meanwhile, the fact is that many owners of commercial buildings are seriously neglecting their properties. It’s a situation that creates problems for tenants, devalues properties, and, in some cases, invites crime. The City of Cincinnati is taking action on what it claims are more than 2,000 “problem” properties. Owners are going to be held accountable for neglecting repairs and necessary upgrades.

Real estate investors and developers that do their homework can create situations to approach current owners to help them avoid fines or costly repairs. Approaching a current owner with an offer to buy or partner on a building or project might generate a lower than ‘normal’ offer being accepted. 

Let’s say that again. Just in Cincinnati, the City is going after more than 2,000 buildings. By the law of averages, some properties will be more attractive for fixing and holding or flipping than others. Investors and developers that do their homework have plenty of opportunities, whether currently doing business in the Cincinnati area or not.

Meanwhile, chances are other municipalities will be monitoring the amount of revenue Cincinnati raises from issuing fines, while getting improvements done improves the quality of their neighborhoods. Now is a great time to learn how to research these. My team and I are ready to help!

 

 

 

https://www.wcpo.com/news/local-news/finding-solutions/it-really-breaks-my-heart-cincinnati-set-to-tackle-vacant-buildings-through-new-city-registry 

 

 

Solve A Problem For The Seller

One of the most important elements of research for real estate goes beyond trends and statistics. There are a lot of agents and investors originating proposals. My problem with them is that many property or opportunity proposals do not offer a solution for the seller. Lack of an appealing solution (or exit strategy) is a bigger reason for not selling than a lot of people seem to think. 

When coaching or consulting with an investor or broker about a specific property or opportunity, I always suggest providing at least one reason or strategy for the seller to benefit in a way other than financially. Sometimes an offer is only a partial solution while the other party needs a “full” solution in order to seriously consider going ahead with the deal.

Residential properties offer plenty of examples. At this time (as the article linked below shows), there are plenty of homeowners who would consider moving if not for current circumstances. One prominent circumstance is fear of paying a much higher mortgage rate. Another is the cost and stress of moving. An added concern is the worry about selling the current home promptly enough to be able to purchase the “new” home and coordinating the move.

These situations can be approached as opportunities for potential buyers to solve the “problems” of the seller to help clear a path to making their desired purchase. Investor groups looking for homes in pre-foreclosure are a prime example. Many of them tend to make their offer and hope it gets accepted or generates further negotiations. 

Part of my strategy is to help them find ways their offer further benefits the seller. Give them at least one solution. Do what you can to show the seller that, for example, they could come away with enough cash to rent a nearby apartment for one year or make a down payment on a home they can more easily afford. Paint the picture with them in it. 

Be ready with a “You may be paying a higher rate, BUT……” strategy to show you are looking to help them to advance. 

My team and I are ready to help with your real estate success plan!

 

 

 

https://sdnews.com/frozen-real-estate-market-is-putting-some-people-on-ice/

 

Sustainability - But Not If It Costs More?

There are enough challenges for real estate investors, developers, and investors these days. Along comes another one which would, at the start, impact some municipalities in Missouri, but we all know how ideas spread.

Some municipalities have taken careful steps over the past few years to encourage sustainable real estate. Columbia MO added a building code six years ago to include more energy efficient elements to real estate developments including windows, water heaters, and insulation. The code also added tougher requirements for ventilation. This type of action is becoming more common throughout the country.

Real estate developers and contractors know better than anyone how supply chain concerns and rising material costs are causing construction delays, cancellations, and rising costs. The Missouri House (political - not a residence) is looking to reduce costs for construction. So what did they do?

Earlier this week they approved Bill 839 which could be going to the Senate within the next 30 days. This Bill would, believe it or not, prevent municipalities within Missouri from having green or sustainable standards in building codes IF they would increase the cost of a building.

Note our example of Columbia which has rules in place to encourage sustainable building. Consequently, if Bill 839 passes, Missouri would wind up behind other states (that do not pass anything similar) in terms of energy efficiency. This measure would impact tenants and homeowners in the long run.

Some developers and investors take advantage of current tax incentives and purchase rebates by going with energy efficient products such as new appliances. If they can’t find them in Missouri, they may go elsewhere. If other states were to adopt this, the reduction in energy efficient buildings could have a long-term negative impact.

I’m sure there are investors and developers looking at opportunities in Missouri right now who are not aware of this situation. It’s a situation which could become a reality within a few weeks. Regardless of what you or I think about Bill 839, it adds consideration toward potential investing or selling scenarios. It also adds to the reason you need to have a research person or team to keep you aware of important information not specific to a property.

 

  

 

https://www.columbiamissourian.com/news/local/missouri-bill-could-force-columbia-to-abandon-sustainable-building-code-requirements/article_094b34f6-f17a-11ef-a74a-f7178590981d.html

 

 

 

How Much of a Factor Should "Year Over Year" Be?

As involved as I am with performing and examining research related to residential and commercial real estate, I also know not to overdo it with some of the published information. Year vs. year trends is one area I think is overused, especially on the residential real estate side. I have said over the past 30 years that I have yet to meet a home buyer who purchased based on monthly or yearly local market trends. The individual or family situation, location, and price play a much bigger role than how many people bought homes months or years ago. 

The article below compares residential inventory and home sales for February over the past eight years in an attempt to establish a trend. I’m not seeing the importance of considering this data. 

Here are some of my reasons. The year 2020 had the distinction of being the year of the pandemic, which killed or changed thousands of deals. As things cleared up in 2021 and consumers adjusted to changes like working from home, what took place in 2020 had a strong influence on 2021. In 2024, property owners in parts of Florida and North Carolina suffered significant damage from two major hurricanes. Over the next few months we will see how Southern California real estate is impacted (well beyond just the month of February) from the major wildfires of early 2025.

At the same time, mortgage rates have varied from low to higher than recent years, which has shown an impact on real estate transactions. Playing the waiting game often means that “deals” available while rates are high won’t still be there if and when rates drop.

What it all means is that many conditions may change significantly by February 2026, and the reasons to buy, hold, or sell real estate could have nothing to do with current and recent trends.

How you interpret research, statistics, and trends can play an important role in decisions and transactions you and your team are considering or implementing. Although having research in your favor is extremely beneficial, it needs to be the right research.

 

 

 

https://www.resiclubanalytics.com/p/housing-market-inventory-state-update-march-2025

 

 

 

How Will Office Space To Apartment Space Impact Housing?

It’s interesting to note how big cities are addressing their housing problems, but at this point in time there is no other situation like the Los Angeles area. The article below tells us about converting some of the unused office space to apartments. Meanwhile, as noted previously in this space, legislation took effect at the start of 2025 for California to allow ADUs (Additional Dwelling Unit) which includes Los Angeles County. These actions are each independent of the results of the recent wildfires which destroyed hundreds of houses and forced thousands of tenants to vacate and find other housing. 

 

Other states such as Washington have recently enabled ADUs to encourage more housing becoming available in dense areas whether office space is being converted or not. 

There are no assurances that having two different means of creating more housing in the Los Angeles area will bring an increase in rental tenants or help to combat rising costs. Additional competition for tenants and buyers might be a good thing, especially for potential tenants. 

One consequence of all this is how real estate brokers, lenders, contractors, and investors need to be aware of how all of this is shaping up for the months and years to come. Anticipating opportunities is an important part of the strategy, whether for the job or possible results of a short-term or long-term investment.

Meanwhile, we have an increase in the number of people moving out of California. It’s to the point that California is now among the states “losing” the most residents, with housing prices being a big reason why. Creating more housing may be a solution, but it may not happen in time to keep thousands more current residents in place. Newly created housing, whether through new construction or conversion, may or may not be priced within reach for “new” residents or to keep displaced residents in California.

How this plays out in California, especially in the Los Angeles area, could impact other major cities both inside and outside of California over the next few years. All of this is still another reason to continue to research market trends along with pending legislation and local zoning changes. I’m constantly reminding my clients and trusted connections about making sure they know “more” than whoever they are negotiating against about possible advantages.

Having a research person or team on your side is even more important than it was a year ago. Let’s connect!

 

 

 

https://www.rentcafe.com/blog/rental-market/market-snapshots/adaptive-reuse-office-to-apartments-2025/ 

 

 

A Bill Designed To Block Single-Family Rentals

I spend a percentage of my time researching news stories and proposals along with keeping up with market trends around the country. Doing so keeps my clients and myself up to date and made aware of opportunities and situations to anticipate and potentially deal with.

 

It seems that many real estate professionals and investors are not aware of many matters in other areas which could impact their business. House Bill 18 in Kentucky is a significant example. If something passes statewide in one place, you can bet that other states and large municipalities will be monitoring the results.

 

This Bill would limit the growth of adding multi-family properties during a time in which many parts of the country are experiencing a housing shortage. It also limits the ability for single-family landlords to rent their properties. While I understand that the industry wants more people to experience advantages of home ownership, there is also the reality that at this point in time fewer and fewer people can realistically afford it.

 

If this measure passes in Kentucky, real estate investors will be forced to look elsewhere, while there are zero assurances that more consumers would be able to suddenly purchase their own home. Meanwhile, an investor or developer unaware of this possibility could be making a huge mistake by investing prior to the passing of House Bill 18. 

 

Let my team and me guide you and your team with important research.

 

https://lexingtonky.news/2025/02/25/kentucky-bill-adds-hurdle-for-multi-family-housing-amid-supply-shortage/