Chad A. Doty (CEO | Co-founder)

Hunters Point Apartments Refinance Update

Thumbnail image for Hunters Point Apartments Refinance Update

Richmond, VA — March 8, 2013 — 37th Parallel Properties (“37th Parallel”), a total return focused commercial multifamily real estate investment firm, announced today it has closed on a new $3.7 million Fannie Mae Loan to refinance Hunters Point Apartments, a multifamily property located in College Station, TX. 37th Parallel Properties acquired the property via [...]

Read More

Societal Move to Renter Housing

Excellent Housing Insights Digest by Oliver Chang. Check out the full report. Morgan Stanley Housing Market Insights Key Conclusions: The Homeownership rate will not be increasing any time soon and has farther to fall Growth in the ideal renter ranges of 18 to 35 and over 55 is increasing as expected and will continue Supply [...]

Read More

2 Pillars of Apartment Investment Value

Thumbnail image for 2 Pillars of Apartment Investment Value

Retaining and increasing the value of your apartment investment is fundamental to your long term survival. It is Warren Buffet’s number 1 rule: “First rule of investing..Don’t lose money” To follow that rule with apartment investments you need to focus on the two key pillars of value: Capitalization Rate (Cap Rate), and Net Operating Income [...]

Read More

Higher Down Payments Push People to Multifamily Apartment Living

Thumbnail image for Higher Down Payments Push People to Multifamily Apartment Living

As housing prices drop, mortgage lenders are requiring larger down payments on homes.  Since the housing bust, the down payments demanded by banks to buy homes has ballooned, forcing many people to rethink what they can afford and potentially shrinking the pool of eligible buyers. Many people will consider multifamily apartment living For banks, the [...]

Read More

3 Critically Important Demographic Trends Apartment Investors Need to Know

Apartment Investing is a the most proven building block for developing permanent wealth.  With sound market analysis and strong property and asset managers you can rest assured that your investment will: Maintain its value Increase in value every year based on improved operations Generate Passive Cash Flow Provide increasing cash flows every year based on [...]

Read More

Permanent Wealth News Monthly – March 2011

Permanent Wealth News A monthly newsletter from 37th Parallel Properties on developing permanent wealth through real estate investing, tax strategy, and financial intelligence Volume 3 Issue No.3 march 2011 March is Now Upon Us… For many, thoughts of "March Madness" abound and discussions turn towards who will be this year's surprise "Cinderella Story" in the [...]

Read More

Investment Property and Permanent Wealth

Thumbnail image for Investment Property and Permanent Wealth

Investment Property and developing Permanent Wealth are a key parts of the 37th Parallel Properties investment philosophy and approach. It is a slightly different concept than just net worth, and it is worth understanding the difference. Your net worth is purely a function of your assets minus your liabilities and is basically your personal balance [...]

Read More

Investment Property Tax Savings: Top 10 Tax Deductions for 2011

Every year, millions of landlords pay more taxes on their rental income than they have to. Why? Because they fail to take advantage of investment property tax savings — tax deductions — available for rental property owners. Rental real estate provides more tax benefits than almost any other investment. And often, these benefits make the [...]

Read More

Permanent Wealth News Monthly – February 2011

Permanent Wealth News A monthly newsletter from 37th Parallel Properties on developing permanent wealth through real estate investing, tax strategy, and financial intelligence Volume 3 Issue No.2 february 2011   Punxsutawney Phil and the Real Estate Investing Lifestyle I have a love/hate relationship with this time of year.  On one hand, it’s always motivating to [...]

Read More