All of the below modified loans were performing pursuant to their contractual terms at March 31, 2024.During the first quarter of 2024, we modified twenty-three multifamily bridge loans with a total UPB of $1.07 billion.

And, a friend and I host two BP meetups here in Asheville, one on the evening of the third Wednesday and one on the morning of the fourth Wednesday.

AIr BNB just put out a report that in the past 2 quarters the occupancy over the top 10 major markets has been steadily going back up by 7- 9% per quarter and may be back to pre 2021 numbers by 1st quarter next year.

SROs are close-quarters living, and the law is written to help protect all the other tenants, giving the property manager a strong tool to manage problems.

I used to just do projection budgeting quarterly, and that worked for the most part while I was young and single.

Fourth, as the years go by, and the mortgage is slowly paid off, the returns begin to slow as the effect of leverage fades.

LPs are responsible for sending their equity before close, keeping their banking info up to date in the investor portal, and checking out the quarterly updates. 

They then allocate 80k to each of the three houses for the loan and 160k to the fourth one.

.- Mobile is home of Mardi Gras which brings in a whopping quarter-of-a-billion dollars in revenue and sends hundreds of thousands of tourists to the city each year.- Mobile has the only cancer research center along the upper gulf coast providing a wide array of medical jobs to the area.- Mobile’s low cost of living and doing business provides a desired aspect to renters that can’t be achieved elsewhere, which provides a steady influx of renters thereby decreasing vacancy rates.

I.e. for carpenters, knowing how many doors need installed, all trim installed, addition of quarter rounds AFTER floors are refinished, wood filling of all nail holes and caulking of all gaps in trim.Tile installers: installation of wonder board, with all seams taped and cemented.