Making Our Communities Part of the Community

Is it possible to build wealth while keeping one’s moral compass pointed in the right direction? At Praxis Capital we certainly hope so, otherwise we wouldn’t be in business. Doing well and doing good need not be mutually exclusive. Recognizing that has become part of how prosperous businesses conduct their…

The Multifamily Cycle – Where Are We Now?

Calling it a real estate “cycle” implies some degree of regularity, incorporating well-defined rises followed by predictable falls of similar magnitude and duration. But any investor, homebuyer, seller, or even renter knows that that isn’t even close to true. Real estate prices move in measurable but barely predictable ways, much…

Is it Worth it to Invest in a Multifamily Fixer-Upper?

Maybe you’re one of those enterprising people who’s taken a barely habitable single-family dwelling, incorporated raw materials, lubricated them with elbow grease, and turned that house into a palace that tenants are lining up to rent – a specimen worthy of an Architectural Digest feature. Turning a fixer-upper into a…