All Forum Posts by: Daniel Ryu

@Robert Blanchard

Great tip on glassdoor.com - I'll check that out in the future.

I also like the idea of asking employees what they want.

Hopefully we get more answers about bonuses and incentives.

And @Liz Faircloth

has written a few articles on team building which she was kind enough to point me to:

Team

http://www.biggerpockets.com/renewsblog/2014/07/25...

First Hire

http://www.biggerpockets.com/renewsblog/2015/02/06/guide-hire-first-team-member/

@Sandra Roddy

That was AWESOME! 

I'm even more pumped for the meeting now ^^

See you on Saturday.

@William Pesce

Great insights. I totally agree.

I'm also wondering, for people who do financial analysis, do they just pencil in a 3% annual increase as part of their overall budgeting and planning?

It seems like that's one way to go.. but since real estate is so filled with go-getters and entrepreneurial types, I wonder what other incentive strategies people have employed and how effective they've been. 

I would consider: empowering employees, giving them autonomy, having a purpose, clear goals, great culture, etc, to be great strategies.. but after a certain number of years, won't people need a more money to keep up with cost of living? And how is that decided? How are real estate entrepreneurs aligning incentives financially?

Hi BP community..

I get the BP Blog alerts so I'm usually pretty current on the topics that bloggers are writing about.

I've seen some great articles on landlords retaining tenants. I just read a good one featuring 6 Tips that was written by Elizabeth and Matt Faircloth.

I haven't seen, that I can remember, articles on growing your business from a retaining employees standpoint. 

@J Scott did a podcast with @Joe Fairless where he talked about his strategy for keeping his General Contractor or Project Manager happy by starting with an end (salary) in mind and then working backwards and providing a base salary + % of the profits.

Anybody else have great ideas or strategies for keeping key, long-term employees happy and wanting to work with you?

Particularly dealing with salary issues / incentives. 

Feel free to PM me, too, if you don't want to post publicly.

As always, thank you to the BP community.

Oh.. just noticed that. 

Posts show up, but they are in random order.

@Marcus Coleman

For some of the nicer, apartments in desirable neighborhoods, there are Koreans who will put up to 450,000,000 KRW down - that's about $450,000. And I'm not even talking in Gangnam or Daechi - where the afterschool education programs which are the most desirable have driven up real estate prices even more. 

And that's just so you can live rent free. You still have to pay management fees (I guess you could consider them utilities + HOA) which could cost about another $200-$400 a month.

I think most people in the US with that kind of money or access to it through a bank would probably just buy something, instead of using this system, or would try to invest it for a better return.

I'm investing from abroad - I have a SFR in Jacksonville, Florida which I own as part of a JV with 3 others who are also on BP.

If you're interested in learning more about Investing in Korea or internationally, check out our meetup group which I posted on in the marketplace:

http://www.biggerpockets.com/forums/521/topics/190...

Although the meetup is in Korea, we do send out email updates and our discussion board also has info to check out. Or you can send a question to a member.

Or feel free to PM me anytime.

@Joe Fairless

Nice interview with @J Scott. I like how he broke things down.

@Joshua Dorkin

Great news! Now it's showing up.

@Tanya F.

It wasn't working before and now it is. Is it still not working for you?

I'm using Chrome, by the way.

@Engelo Rumora

I don't doubt it! We're excited to have you. Thanks for staying up late for us on a Friday ^^

@Joshua Dorkin

Here's a video screencast of what I'm seeing. 

Maybe it's just some type of glitch?

http://quick.as/mol5u1bx4

If you get an email update about a blogpost from BP, you can click on the link.

You'll be taken to the article.

If you want to comment, you might have to log in. After you log in, instead of being taken back to the article, you get taken to your dashboard. It'd be great to go back to the article so that you can comment.

Instead, I go to the email and click on the link again and this time it opens up and you're already signed in.