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19 January 2025 | 354 replies
We intend to bring social responsibility and a willingness to do the right thing to an industry often devoid of caring, compassion and basic human decency.To spearhead our efforts, we needed a leader adept at building, managing and getting the best out of our team.
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2 January 2025 | 12 replies
Then your heirs can inherit your position and keep it going every 10 years.....etc....as compared to the MIN which is due in 30 years.For example here are a few recent CRE deferred sales trust deals:- Owner who sold a $34M apartment complex and moved his funds into a Deferred Sales Trust. - $18M Business Sales of Veterinarians who sold multiple practices in Virginia and Indiana.Another example, was for a couple who sold their primary residence for $26M in Newport Beach defer $6M in capital gains tax.
18 December 2024 | 2 replies
Those who excel are generally focused on specific asset types whether it be Restaurant/Hospitality; Office, Industrial etc.
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2 January 2025 | 13 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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7 January 2025 | 24 replies
Just speaking from a cash flow management/account structure perspective.As for someone being in the real estate accounting industry for over 2 decades, I can say that State Law compliance is big on this.
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25 December 2024 | 11 replies
Managing the operation myself could save money and provide better control compared to working with out-of-state properties.
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2 January 2025 | 5 replies
The problem you may run into is the lower appreciation rates compared to the South.Considering Commercial Real Estate:Have you looked at mixed-use properties?
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31 December 2024 | 2 replies
I think finding property is pretty easy compared to managing.
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29 December 2024 | 16 replies
If dropping your rate $100 below others at comparable offerings in your target market kills your cashflow, you may be in too tight of a deal anyhow.
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23 February 2025 | 246 replies
And for them rasing capital on SM BP facebook whatever has been fairly easy compared to others who dont have a big SM or BP presence.