Patrick Kavanagh KRI Property Group

Income properties near a Whole Foods are a safe bet, and other guides for investing.  ome people have certain criteria when they search for real estate deals , such as a 6 percent or 7 percent cap rate, or that each unit has to be under $100K. I don’t use any specific thing to tell me whether to go into a deal or not. What criteria should you use? My personal criteria begins with a G. Is it a Grant deal ? Each Monday on Grandparent I’m doing a real estate show to answer your questions and detail all of my deals so you can learn more about investing in this space. Here are some tips for you today: 1. Don’t believe the pro forma. Many brokers will give you a thing called a pro forma assuming 3 percent rent increases a year. Pro forma is about the future, but nobody has a crystal ball. If you think it, then you don’t know it . If you are into astrology, don’t do real estate. You’ll need every zodiac sign for it to work for you. In reality, I don’t even look at the pro ...

Analysts are urging a more selective approach to real estate, while execs say ‘death of the mall’ theme is not the full story Shares of construction , real-estate companies and real-estate investment trusts led S&P 500 gainers on Tuesday, after some positive comment on the sector from industry insiders and a growing view among analysts that the sector’s recent drubbing may be overdone. Mall REITs in particular have seen their shares pummeled in the last year as investors react to the weak traffic trends and store closures that are making headlines in the retail sector. Data released last week by real estate researcher Reis Inc . showed vacancy rates in shopping centers rose in 28 of 77 U.S. metro areas in the first quarter from the year-earlier period, a slight improvement from the fourth quarter, The Wall Street Journal reported.   Retail REIT executives speaking at the NYU Schack Institute symposium last week argued that malls cannot be lumped toget...