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11 January 2022 | 38 replies
Things I learned in my first job that have continued to prove valuable today: underwriting, managerial accounting, private equity deal structures, what a side letter is, what investors want out of deals, what a K-1 is, why real estate is a valuable investment class, what asset allocation is, where to find tenants, what cam is, how to handle Capex items in sophisticated underwritings, loan docs and negotiating terms thereof, understanding a lease, what an estoppel is, what a phase one and phase two are, how to read a PCA, basics of land use and zoning...Oh and best of all, I got paid to learn all of this stuff.
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3 January 2022 | 5 replies
The RMLS, which is the largest MLS in the state, certainly does.
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3 January 2022 | 0 replies
So I know multifamily is the largest part of the path, but we're new to the field.
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6 January 2022 | 6 replies
Actually now I am a licensed CAM and manage HOA's so now I would know what to look for.I will never make this mistake again, and urge you to please read your documents and meeting minutes of past board meetings carefully.
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12 January 2022 | 4 replies
You have to check leases and make sure no cam leakage where you have cam stops on management above a certain percent that you can't pass on to the tenants etc.
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5 January 2022 | 1 reply
Purchase price: $265,000 Cash invested: $135,000 Sale price: $570,000 The Edson project was one of the largest undertaking Tree City had taken on.
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5 January 2022 | 0 replies
Purchase price: $265,000 Cash invested: $135,000 Sale price: $570,000 The Edson project was one of the largest undertaking Tree City had taken on.
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7 January 2022 | 1 reply
The news labeled it as “the largest rate increase in over a year.”
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9 January 2022 | 1 reply
Another tech expansion in Austin with the largest single office lease on record for Austin, TX.California-based Meta Platforms Inc. — the parent company of Facebook — recently leased the entire commercial half of Sixth and Guadalupe, the 66-story high-rise under construction that will be Austin's tallest building when finished.Meta has just over 2000 employees in Austin currently and announced plans to bring in at least 400 additional to the area.
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9 January 2022 | 2 replies
By far the largest percentage of closing costs are the transfer and recordation taxes which are set by law.