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March 2010
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Management Strategies
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Management Strategies
Darin Garman, CCIM
Welcome to the Management Strategies Section, where you'll find the latest tips and strategies to use in the management of your properties. Let's face it, you either manage your properties yourself or you must manage the managers. Either way, you need to be well-informed to maximize your investment profit. We will constantly be adding new articles, news, and information here, so check back often!
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Why I Like Apartment Packages
Darin Garman, CCIM
I get the question a lot of: "What Kind Of Apartments Should I Invest In?" Followed by "Should I invest in Low Income, Government Subsidized, Rehabs, Student Housing, Etc. Which Is Best?" The problem with this of course is everyone wants to be told which type of apartment property is THE RIGHT ONE when you could really say ALL of them are. Of course based on what you want to achieve in terms of cash flow, appreciation, management, etc. For example, I like properties that will . . . Real Estate Articles
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The Most Important Question You Need To Answer In 2009...
Darin Garman, CCIM
The Most Important Question You Need To Answer In 2009... Question. What is the main objective of an apartment owner? What is the main objective of an apartment manager? Think about this for just a second. Let it really stew. Here are some answers that are probably coming to mind: To make sure all items are running smoothly at the apartments. To provide a safe and warm environment to our tenants. To be responsive to our tenants needs. To be responsive to property needs and problems. To collect rent on time. . . . Real Estate Articles
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Investing in Very Small Towns or Communities
Darin Garman, CCIM
Investing in very small towns or communities. I get quite a few emails asking my opinion on small town or community investing. For the sake of measurement I am talking 2,000 or less in population. Good idea or not.. Hmmm.... I will tell you by experience the answer is.... . . . Real Estate Articles
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Why Full Occupancy May Hurt You??
Darin Garman, CCIM
Last time I talked about a property that was 100% occupied but maybe there were 60% of the tenants actually paying rent. In that case having a fully occupied property could be a problem NOT a benefit. Another time when full occupancy can be a problem EVEN when you have all tenants paying on time is getting lax in the RENT YOU ARE CHARGING PER SQUARE FOOT . . . Real Estate Articles
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What Property Is The Best? Commercial, Residential, Land, Etc.
Darin Garman, CCIM
What property is the best to invest in? Good question. There is only one person who knows the REAL answer to this... and its.. The Crystal Ball. That is correct. Why? Everyone has their own way of looking at and evaluating property, so, you will have folks that like residential, some office building, others farms, others self storage. Etc. . . . Real Estate Articles
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How To Make Money This Weekend...
Darin Garman, CCIM
"There's no such things as coulda, shoulda, or woulda. If you shoulda and coulda, you woulda done it." -- Pat Riley My top 5 list. Can I reduce any of my property expenses? If so how much? Can I raise rents? How fast? . . . Real Estate Articles
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Why People Fail
Darin Garman, CCIM
"Success is a journey, not a destination." -- Ben Sweetland You really need to think about this one because you could come up with a lot of answers. So, based on my 17 years of experience in the commercial real estate biz and having worked with super successful and not so successful investors it comes down to a couple of key things. . . . Real Estate Articles
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How To Get More Cash Flow…Now…The 'Easier' Way...
Darin Garman, CCIM
"If you are going to be a successful duck hunter, you must go where the ducks are." Paul Bryant One of the big questions I get from investors is about cash flow… How do I get it? How much can I get? What is the most I can get? What are the best properties to own to get huge cash flows? Etc…First, I have a way to get you into earning some nice cash flow without owning any real estate.. Use this cash flow to get into a great investment property.. Go to... . . . Real Estate Articles
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How To Get More Commercial Properties To Cross Your Desk...
Darin Garman, CCIM
"No bird soars too high if he soars with his own wings." -- William Blake One thing that I hear a lot of from investors is getting more apartment and commercial properties to cross their desks. They want to look at more properties in hopes of finding the one that will work. I have a secret. Here it is... . . . Real Estate Articles
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The Convenience Factor.
Darin Garman, CCIM
"I am always doing things I can't do, that's how I get to do them." -- Pablo Picasso Good Day.. Well, are you up and at 'em so far this year? Have you made your commitments and are following through on them? I hope so. What I wanted to do with todays article is hit you with a couple of things that ARE VERY IMPORTANT FOR YOU TO... . . . Real Estate Articles
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Do What You Are Capable of This Year!! The first step...
Darin Garman, CCIM
"The gem cannot be polished without friction, nor man perfected without trials." -- Chinese Proverb One of the things to help you reach your commercial real estate and your wealth goals this year is really decide which track is best for you at your current place in your "investment life." I have a lot of investors contact me with the same question, especially in recent months... . . . Real Estate Articles
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Hire a Deal Killer???
Darin Garman, CCIM
I just got done getting a report that made me a bit angry. The furnace in our vacation home is not working and may need to be replaced. The reason I am not happy is of course the extra cost and hassle but also because I just had the furnace inspected a few months ago. Not happy. There is a saying in the real estate business that you should... . . . Real Estate Articles
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Now Is The Time To Be Raising Rent On Your Apartments...WHY?..
Darin Garman, CCIM
"Some people find fault like there is a reward for it." -- Zig Ziglar I have members ask me when they should raise the rent on their units.... The answer...When your occupancy exceeds 95 - 97% it is time to raise your rents. OR when you have residents that have not had a rent raise in some time are wayyy below market.. Many of us are too slow because, psychologically we want... . . . Real Estate Articles
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Where Should Your Expenses Be...The Biggest Mistake I See From Investors...
Darin Garman, CCIM
"Nourish the mind like you would your body. The mind cannot survive on junk food." -- Jim Rohn I sure hope you are taking advantage of your membership. We have had some interesting postings by members with questions and responses on investments, opinions on what other members think, etc. on the message board. Make sure you participate in this and look for my comments form time to time... . . . Real Estate Articles
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Here's what people are saying ...
"A Dramatic Boost To My Net Worth"
"I can honestly say there is not anyone that has had more of a dramatic boost to my net worth than Darin Garman."
Brad Miller
Real Estate Investor
"I Have A New Life Thanks To Darin"
"I can't begin to tell you what Darin did for me personally to get my real estate investments in order. I have a new life thanks to Darin..."
Rose Ann Pospisil
Real Estate Investor
"Darin Is One Of A Few GREAT Consultants"
"There are a lot of good brokers and consultants and there are a few GREAT ones!"
Klye Vondracek
Real Estate Investor
"No One Works With Investors Better Than Darin Garman"
"No one works with investors better than Darin Garman. He seeks out ways to make the best deal for his client. And believe me these deals work and work wonderfully."
Bernard Lake
Real Estate Investor
"Darin Has An Excellent Grasp of Apartment and Commercial Real Estate"
"Darin is an energetic, very knowledgeable broker and consultant. He has an excellent grasp of apartment and commercial real estate from the seller's perspective, the buyer's perspective, and the business perspective. Darin has a natural feel for the rental real estate market....Darin is a good businessman to know and work with."
Dr. John Goedkin, DVM
Real Estate Investor
"Your Service Is Good, Complete, and Elemental for Real Estate Investors"
"Your service is good, complete, and elemental for someone interested in the real estate investment world."
Raul Oliveros
Real Estate Investor
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Home Study Systems
