The world of real estate investment is constantly evolving to adapt with the times, and those who are looking to break into the industry can learn a lot about adapting from the professionals who have built lasting careers. Knowledge of the real estate investment process can be vital for individuals working towards growing their acumen as it plays an important role in the buying, selling, and maintenance of properties.
Marc Jaffe is an Indianapolis-based real estate investor and advisor with decades of experience in the field. Contributing to conversations that have proven pertinent in his area of expertise is a passion of Marc’s as it increases accessibility to information that can help others develop their careers and define the next generation of real estate investors. To this point, he hopes to update this site with high-level resources that address a variety of topics related to real estate investment, advising, and more.
About Marc Jaffe Indianapolis Investor
Marc Jaffe is an Indianapolis investor who has built a career in financial services and real estate for over four decades. Through his experience, Marc has grown his skill set to cover several crucial aspects of real estate investment, empowering him to achieve the best results possible for his clients while pushing boundaries for real estate development projects within the Indianapolis region. A constant student of his space, Marc Jaffe understands the importance of keeping up to date with current trends and best practices to ensure quality work.
Individuals who have worked with Marc Jaffe maintain that he is a professional who sees the value of leading by example. His dedication to pushing for growth and innovation in the world of real estate is evident in his comprehensive and thoughtful approach to investment. Meanwhile, his colleagues also speak to his vision as an investment professional, as his intimate knowledge of the long game plays an integral role in his ability to make decisions that will benefit his firm, tenants, and frequent collaborators.
Outside of his career in real estate investment, Marc Jaffe is known as a devoted family man who can be found participating in events around his community. Marc is an avid fan of all Indiana University sports, especially basketball. He also enjoys participating in the Indianapolis Hebrew Congregation (IHC) in his area which is known among the community as Indianapolis’ oldest synagogue.
Marc Jaffe Indianapolis Investor Explores Key Tips for Real Estate Investment
Entering the real estate investment space can be a daunting process for newcomers. While there are many tried and true principles that define the art of investment, professionals in the space realize that there is no substitute for experience. Many decisions are simply easier to make once you have established all of the moving targets within the industry and work towards defining your niche.
Marc Jaffe notes that the best way to grow one’s acumen in real estate investment is to first learn some of the most important steps to building a successful career in the space. Here, he explores a few key tips for budding real estate investors.
Location is Everything
People who are just breaking into real estate investment have often already heard of the emphasis on location. Real estate investors will want to perform in depth research on real estate markets within areas because it is one of the most impactful factors on returns. Marc Jaffe notes that his experience as an investor in Indianapolis has shown him that there are a variety of things one should look for before making substantial investments within an area. For example, investors should look for testaments that an area has a low crime rate, strong infrastructure, amenities, access, good schools, in-development projects for the future, a reliable job market, and a host of other factors that ensure livability. Knowing how to look for key factors of desirable locations can play a huge role in making the right investments and seeing good returns.
Invest Time in Real Estate Education
Real estate investing can be a complicated process, and there will naturally be different factors, laws, and regulations depending upon the area. The best way to avoid costly mistakes along the way is to invest time in growing your understanding of the basics early. New investors will want to be up to date on the buying process, tenant screening, marketing, and a variety of other factors that will impact their ability to make the right decisions while investing in real estate. Luckily, there are many resources out there geared towards newcomers that can help with learning more about the space.
Marc speaks to how, regardless of how much learning more about the space can help, it is also worthwhile to consider looking for mentors who have already built successful careers. Many of these professionals are interested in spreading knowledge in their areas of expertise and can empower new investors to avoid common pitfalls. Also, remember that no one person can realistically know all there is to investing, buying, renovating, or leasing properties. To this point, Marc speaks to the importance of building a strong network of inspectors, accountants, property managers, agents, and other professionals who may play an important role in future plans.
Create and Reevaluate Your Game Plans
Real estate investment is a space that rewards forward thinking and proper goal setting. Successful investors need to spend the proper amount of time defining their goals and the steps that will be necessary to reach them. For example, investors should have an idea of how long their projects may take, who will need to be involved in the process, costs, potential obstacles, and risks, etc. long before making their final decisions. It is also crucial that these outlines are realistic. For budding professionals, veterans in the industry can be great resources for reviewing plans and helping contextualize efforts. No one wants to end up in a situation where they realize their plans are not viable given a variety of factors they may have failed to account for.
More from Marc Jaffe Indianapolis Investor
Marc Jaffe realizes that there are many people who would like to learn more about the real estate investment and advisory landscapes. Real estate investment has proven itself to be a stable industry that can open the door for a lot of opportunities. Marc speaks to how a common barrier to growing one’s understanding of the space is lack of access and has dedicated himself to contributing to ongoing conversations in his field to spur development and facilitate growth for budding professionals. Through high-level resources addressing topics such as common investment trends, insights into house flipping, and the importance of networking within his field, he hopes to help newcomers to the space on their path to success.
Want to learn more about real estate investment and advising? Be sure to check this website for frequent updates and insights from seasoned veteran of the space Marc Jaffe.