
24 July 2024 | 6 replies
I prefer someone holding the CRE designation to perform the study, although MAI designees are usually also qualified.

25 July 2024 | 18 replies
Running a self-service car wash may not take much in the way of experience but as noted above, there are a number of maintenance/supply issues, etc.I would also strongly recommend getting tax return information for historical performance.

24 July 2024 | 8 replies
You need representation that has a lot of experience to avoid common issues like early terminations, performance of that location for tenant, etc..Rule #1 is make sure you are happy with market rents for the building (not what current tenant is paying).

23 July 2024 | 5 replies
Paid market value however the property is under performing.
24 July 2024 | 6 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

23 July 2024 | 3 replies
I previously relied on 3rd party GC's building quite a few single family to 4 unit buildings throughout Philadelphia and eventually transitioned to self performing.

23 July 2024 | 2 replies
This can have a very beneficial impact as personal property typically has a much shorter useful life for depreciation purposes than real property.For example, if you are getting a cost segregation study performed on a commercial office building, there will most likely be assets that have been classified as part of the building but are able to be reclassified to real property and depreciation over a shorter useful life such as 5,7 or 15 years rather than 39 years.

23 July 2024 | 32 replies
On the company’s website, they do not publish ANY information on any of their past deals historical performance, actual to pro-forma results, or full cycle results.

21 July 2024 | 0 replies
Specifically ERVs. I'm working towards Energy Star in my new 4 unit build because it's fairly easy to get slightly above code and cheap to have the raters come and certify you with the Energy Star label which would ad...

24 July 2024 | 13 replies
I imagine it's similar to St Louis but I'd be willing to bet it has more going for it and better appreciation.Happy to share some resources, learnings, and even history/performance of my rentals I've had for 5+ years.