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24 May 2024 | 6 replies
So I’m using my bookkeeper and just engaged a new CPA.
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24 May 2024 | 36 replies
I threw myself into education so deep that I'm fairly confident that there isn't a book, course, tape set, cd set, made from the time ....How to make friends and influence people,(a book on tape, which is mandatory reading if your serious about this business), all the way to every guru's advertised course up until the year 2000.....
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23 May 2024 | 2 replies
.* Along the previous line - research specific lenders and find those that do "direct engagement."
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24 May 2024 | 15 replies
Assuming I had the experience, I would only buy a place with structural issues if I had 1) an experienced and trusted structural engineer telling me a clear, and verifiable explanation of the cause(s) of the problem and a viable and affordable solution, 2) trusted and experienced tradespeople who would be implementing the solution (carpenter, mason, etc.) confirming with me that they could fix the issue (with 90% or higher confidence that the issue could be resolved within budget), and 3) confirmation from city inspectors that the issue (and an inability to fix the issue) would not result in condemnation/revocation of occupancy permits. ...and even then, I'd only proceed if I had the cash reserves to ride out a major series of unexpected problems (e.g.; time overruns, budget overruns, unexpected revocation of occupancy permits from the city, etc.)
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23 May 2024 | 10 replies
Quick way to be very confident in your offering
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22 May 2024 | 0 replies
The median sale price has risen to $650,000, an 11.11% increase that reflects the undeniable allure of Palm Beach living.What's more, 48.8% of these sales were paid in cash—a clear sign of strong buyer confidence and a testament to the value of these homes.
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22 May 2024 | 0 replies
This indicates strong investor confidence in the condo and townhome sectors.Median Sale Price: Prices climbed to $444,000, reflecting a 7.0% increase.Dollar Volume: The dollar volume skyrocketed by 27.5% to over $1 billion, showing significant investment and buyer interest.List Price Success: Sellers received 95% of their original asking prices, a slight dip from last year but still strong.Speed of Sales: The market saw a longer median time to contract at 46 days (a 24.3% increase) and a median time to sales at 85 days (a 13.3% increase).
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23 May 2024 | 16 replies
Thank you everyone for your beautiful, helpful advice . feeling more confident, I discussed this with her and she agreed to sign the lease.
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22 May 2024 | 1 reply
Engaging with tenants to understand their needs and preferences can help in tailoring services and amenities, thus enhancing their satisfaction and loyalty.Key Takeaways:Implement tenant engagement programs to build community and loyalty.Regularly review and update lease agreements to reflect current market conditions and tenant expectations.Diversification of Investment PortfolioDiversification across different types of CRE, geographical areas, and tenant industries can mitigate risks associated with market fluctuations.
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22 May 2024 | 8 replies
@Zeliang Zheng I don’t know how many units you are looking to get into but I’ve got an 8 unit building and a 5 unit building that have given me plenty of confidence to go larger when I find the funding.