Mel Foster Co.

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The Evolution of Office Space: Where Are We Now?

July 23rd, 2018
Editor’s Note: This is part one of a series that takes an in-depth look at how brokerage offices have transformed. You’re walking along the downtown strip and come across a quaint storefront with large glass windows looking into an agent-occupied...
eXp Realty, Fathom Realty, Real Estate Office, NextHome, Real Estate News and Information, Mel Foster Co., real estate news, Real Estate Trends, HomeSmart, Spotlights, Latest News, Lead Story, News

The Evolution of Office Space: Industry Impact

July 31st, 2018
Editor’s Note: This is part two of a series that takes an in-depth look at how brokerage offices have transformed. You can find part one here. It’s Monday morning, and you have two choices before you: drive into the office...
eXp Realty, Fathom Realty, Real Estate Office, NextHome, Real Estate News and Information, Mel Foster Co., real estate news, Real Estate Trends, HomeSmart, Spotlights, Latest News, Lead Story, News

The Evolution of Office Space: Where Are We Going?

August 8th, 2018
Editor’s Note: This is part three of a series that takes an in-depth look at how brokerage offices have transformed. You can find part two here and part one here. What will the brokerage office of tomorrow look like? There’s...
Mel Foster Co., real estate news, House Canary, LeadingRE, Leading Real Estate Companies of the World, Real Estate Training, Real Estate Broker Best Practices, Social Media Marketing, Best Practices, Broker, Spotlights, Latest News, News

Using Training and Communication to Stay Relevant

December 18th, 2017
In the following interview, Lynsey Engels, president of Mel Foster Co., a member of Leading Real Estate Companies of the World® (LeadingRE), in Davenport, Iowa, discusses client relationships, the local market, training and more. Region Served: Eastern Iowa and Western...

  • Featured Case Studies

    CLASS A RENTAL PROPERTIES

    Location

    Suburbs where the neighborhoods are predominantly owner occupants and are better school districts.

    Property Values

    Typically range between $100,000 and $175,000.

    Monthly Rents & ROI

    Range from $1,200 to $2,000. ROI can range from 8-10% on an all-cash basis, with higher cash on cash ROI when leverage is applied.

  • Featured Case Studies

    CLASS B RENTAL PROPERTIES

    Location

    Suburbs where neighborhoods are a mixture of tenants and owner occupants.

    Property Values

    Typically range between $50,000 and $100,000.

    Monthly Rents & ROI

    Rents range from $850 to $1,200. ROI can range from 10-14% on an all-cash basis.

  • Featured Case Studies

    CLASS C RENTAL PROPERTIES

    Location

    Neighborhoods are predominantly tenants.

    Property Values

    Typically range between $30,000 and $50,000.

    Monthly Rents & ROI

    Rents range from $650 to $950. ROI can range from 14-16% on an all-cash basis.

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