Our Target Cities: What You Need to Know

Our Targets, Your Investments Now that Mascia Development is the proud sponsor of Property Income Trust LLC, our new investment fund, we have expanded our list of target cities. Our list may look similar to others in the industry, as many other real estate investment companies focus on  popular big cities because there are always deals to be done within those markets. How We Are Different However, Mascia Development and Property Income Trust understand that there are better and stronger deals to be done in cities outside of the most popular metropolitan areas. However, when we list our target cities, we list...

Why Mascia Development Chooses Retail Real Estate

Mascia Development LLC Bets on Retail Real Estate   We aren't your average real estate investment firm Last week, we published an article explaining that retail properties are nothing to be afraid of when looking to invest in commercial real estate. More often than not, when someone hears "retail property", their first thought is how physical retail is quickly dying. If you are interested in our explanation of why this stereotype is completely false, take a look at the article here. Today, we want to bring you into the know of why we consider Mascia Development to be a contrarian real estate business. One...

Retail Isn’t Dying, Its Thriving

Retail Resilience: Why We Believe in Retail Properties This week, we would like to take some time to go over something that we believe is fundamental to our business and investment strategy. Mascia Development LLC is a real estate investment company that purchases commercial retail properties. We get asked everyday why we believe in retail properties in a time where online shopping is on the rise. And while we do not ignore the fact that it is becoming increasingly popular for people to shop at online retailers, we still believe that physical retail stores will not go extinct anytime soon. We have...

Need to Know: Real Estate Markets

Cycling Through the Real Estate Market Navigating the Cycle The real estate market cycle is one of biggest influences on the psyche of investors as well as an influence on investment properties themselves. No matter what phase the cycle is in, the contributing factors of each phase we list below are often the main driving force behind a person’s decision to invest or not. It is important to note that there is no way to know how long a single phase may last, and the cycle does not have to follow a strict order. It is also important to be informed, and we...

The Basics: REITs vs Limited Liability Companies

REITs vs Limited Liability Companies: Knowing the Basics Curious about investing in real estate to earn passive income? If you have been doing your research, you have most likely come across the two most popular options for real estate investment. Real Estate Investment Trusts (REITs) and Limited Liability Companies (LLCs) are the go-to choices for someone looking to earn passive income through investing. There are important similarities and differences between these types of investments, and we aim to guide you through these in this article.   What is a REIT? Real Estate Investment Trusts are companies that invest in groups of properties that are...

K-1 Tax Forms: Can They Arrive On-Time?

K-1 Tax Forms: What's the Deal? Whether you are an investing partner with us or another investment entity, you may be well acquainted with the Schedule K-1 form. This Internal Revenue Service tax document is important for partners to see their individual reports of earnings, losses, credits, and deductions from the fiscal year [1]. The reason we send you K-1 reports is because investors are subject to being taxed on their income from their partnership. Arriving Late? Its Normal...

Review of 2018 Annual Berkshire Hathaway Meeting

The Woodstock of Capitalism Written by Mark Mascia This past May, I traveled to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder’s meeting for my 4th year in a row. Chairman Warren Buffett (87) and Vice Chairman Charlie Munger (94) were as witty and wise as always, and they masterfully answered investor’s questions for over six hours. I hope to have that kind of stamina and knowledge when I’m their age! Every year, I compile my notes and commentary into a huge document that I find myself referring to constantly. As I have in the past, I want to share this knowledge...

Our New Benchmark: VGSLX

Measuring Up to Our Benchmark As mentioned in our past investment letters to you, we have selected the Vanguard Real Estate Index Fund Admiral Shares (Ticker VGSLX)[1] as our benchmark for comparison on all investments going forward. We feel this is the most appropriate benchmark to compare our returns to. Why the change now? You might be asking this question right now.  As with all things in my investment philosophy, the answer lies in something related to my hero, Warren Buffett. I recently went back and read all the Buffett Partnership, Ltd letters. As you may know, prior to his taking over of...

Determining the Value of an Investment: 8 Questions to Ask

When it comes to determining the value of a particular investment, there’s a lot of industry jargon that gets mixed in. You might find yourself amid a sea of financial reports, earnings calls, and a lot of paperwork you don’t understand. This sort of information is intimidating to new investors and actually stops a lot of people from wading into the investment waters entirely. Fortunately, value investing is much simpler than that. You can break down an investment to its most fundamental pieces with some honest questions. You should understand your investments are thoroughly as possible. If something is unclear or doesn’t...

What is Crowdfunding?

I’ve spoken before about crowdfunding and how we use it to make real estate deals, but I realized that I’ve never actually explained what crowdfunding is. Crowdfunding is the concept of raising large sums of money by appealing to a large group of people. Typically this is done over the Internet in order to reach the size we need. In 2013, more than $5 billion was raised through various crowdfunding campaigns. It’s a powerful tool. Crowdfunding is a spinoff of the fundraising industry. Depending on the type of organization, some fundraisers will seek smaller donations from large groups of people, rather than...