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7 September 2024 | 11 replies
Some properties will require different rehabbing than others, but we will stick as closely as possible to the system we have in place for ALL properties.TEAMS AND SYSTEMS In time, our team will grow to consist of the following: Agent/Broker CPA Lawyer Escrow Officer/Title Rep Insurance Agent Property Manager Handyman Private Lenders/Equity Partners ContractorsWe will follow the same rehab plan for all properties, as closely as we can, in order to streamline all decisions and maintain the desired budgets for each property.EXIT STRATEGIES AND BACKUP PLANS Our foremost exit strategy will be to sell the property once it has been rehabbed.
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6 September 2024 | 3 replies
Based on your inputs, I think simplifying to a single management company and starting with a single holding company makes sense and then I will add additional holding companies as my portfolio grows.Nathan - on the $1m in equity per LLC portion, would you split properties up into separate holding companies based on type (e.g. residential, commercial office, commercial ag, etc.) or would you keep multiple property types in the same holding company as long as it's under $1m?
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1 September 2024 | 0 replies
The national office market is showing signs of stabilization as major corporate tenants like Bank of America, Fannie Mae, Bain Capital, and Verizon commit to large lease renewals.
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5 September 2024 | 16 replies
@James Hamling Not solo but not an office of 50 people.
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11 September 2024 | 69 replies
I always check previous landlord and rental references, and call the HUD office for a character reference as well.
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5 September 2024 | 6 replies
My family owns REI Nation, and we have an office in Southlake, TX.
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5 September 2024 | 17 replies
Office (its higher than 15% and is roughly 23%https://www.commercialedge.com/blog/national-office-report/)?
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4 September 2024 | 0 replies
This is apparent in Washington D.C.’s new high in office vacancy in Q2 of 2024 at 22.4% according to CBRE (Source).
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5 September 2024 | 6 replies
@Sheila Vardakis I’ve been looking for a simple system to get set up with at our office.