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Showing posts from February, 2020

Should you invest in a multi-unit apartment building?

Choosing between an apartment building and a single-family home is one of the most talked-about and key investment decisions made in the real estate and property investment sector. There are a variety of factors that influence a buyer’s choice, and that there’s no one correct answer when it comes to the property type one ultimately put their money on. But knowing the plus and minuses of opting for one over the other, depending on your financial circumstance, will greatly inform you of the more optimal choice, says Travis Cadman of leading residential property company Investar USA. Firstly, there are differences in valuation. When putting a price on a one- to four-unit residential building, it’s best to apply the Comparable Sales Approach. This means evaluating property value based on a comparison of the price of sale received by those in your neighborhood. When looking at a five-plus-unit residential building, however, the value is dictated by the Income Approach, which is when ...

America on the move: Moving trends in America

If there’s one thing that’s for certain, it’s that thousands of Americans are on the move every day. They move out from one place and find a new home elsewhere. Sometimes, they move just a few streets away from their previous homes. Sometimes, they move to a different time zone. This decision is spurred by life choices like employment, relationships, and family. Real estate expert Travis Cadman of Investar USA has interesting insights on moving trends across America. It’s interesting that more than half of America’s states register as balanced in terms of inbound and outbound movement. That means that in 26 states, the same number of people who are moving out are about the same ones that are moving in, keeping the population level. This does mean that some states have shown more inbound and outbound activity. In fact, 13 states have more people moving out while 11 have more people moving in. In 2019, the state with the greatest number of people moving out is New York, with ...

Travis Cadman: Consider Owning an Airbnb in Las Vegas

Perhaps you hail from Alberta, Canada, but you’re looking for a new way to add cash to your coffers through real estate investing in Las Vegas. You may want to consider owning your own Airbnb property. That’s because new research shows that strip resorts in Vegas might have lost $150 million in 2018 to Airbnb book accommodations, according to real estate professional Travis Cadman of Investar USA. For 2019, the figures could be even higher as more vacationers turn to Airbnb properties rather than choosing to stay at resorts during their trips to the Entertainment Capital of the World. According to experts, the quantity of visitors who are staying at Las Vegas Airbnb accommodations will likely reach a million in 2019, a jump from last year’s 718,000. So, why exactly are more people choosing Airbnb accommodations over strip resorts? For starters, resorts carry fees, so visitors are searching for less expensive alternatives. The benefit of Airbnb accommodations is that they can cost...

Alberta, Canada – Economic Crisis or Opportunity? Travis Cadman Discusses Real Estate Investment Potential in the Province

While Alberta is certainly going through significant economic instability, there still may be considerable opportunity for successful real estate investment. In the following article, Travis Cadman offers insight into Calgary real estate, and argues that it could be on the verge of exiting its years-long recession. Travis Cadman is the co-founder of Investar USA, a leading North American real estate development firm. Alberta, Canada is certainly enduring its share of economic instability. Nearly 90 percent of business owners in Calgary report a significant economic decline since the summer of 2018, and even major international brands – Starbucks, most notably – are closing locations throughout the province. So, this means that Alberta isn’t an especially promising region for real estate investment, right? Wrong. It’s true that the current state of the economy is somewhat bleak, but real estate takes a different view of regional economies than other industries. Successful real esta...