Joel is revealing how much money “leaks” out when operations are not prioritized, and how much the bottom line can be enhanced when it is.   

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

I’d love to hear what you prioritize when evaluating multifamily deals.

To maximize returns, ensure compliance with local regulations, prioritize owning the land, and offer student-friendly amenities.

It’s super important you prioritize the end product: something that gets the job done well as an STR.  

Here are a few quick FAQs that can help you decide how much you should prioritize staging as you prep for your move.What Is Home Staging?

My dad used to manage other people's properties but eventually quit because the money wasn't worth it and he always ended up prioritizing their properties so as not to get any hassle from them.Another way to approach this might be to go all in on one project yourself and see how far that money gets you. 

In the Houston and Katy markets, prioritize cash-flowing properties that can withstand current high interest rates, and plan to scale by reinvesting cash flow or refinancing when rates drop.

They may favor buyers who demonstrate a willingness to use the property in a way that aligns with their values.Pricing: Non-profits might prioritize achieving fair market value, as they have fiduciary duties to maximize value for their mission.

Seasonal Slowdown (With a Twist)The holidays always lead to a slower rental market as potential tenants prioritize family, travel, and gift-giving over finding a new home.