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7 December 2024 | 2 replies
This doesn’t mean you’re rushing into legal action—it’s just about setting clear expectations and boundaries.
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13 December 2024 | 13 replies
And after observing @Benjamin Aaker in action I love how he manages his debt.
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8 December 2024 | 7 replies
My goal is to build a business that serves corporate clients; construction and infrastructure development teams, medical/education faculty, corporate relocation, family emergency relocation services, sports travel/events, corporate and industryand I want to learn from those of you who are doing this successfully and are willing to share actionable ideas for how I can be successful in offering value to these groups.Thank you!!
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10 December 2024 | 25 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
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8 December 2024 | 10 replies
After the banking failures early last year and the current razor's edge of the banking environment, you had better believe that regulators and banks are hyper sensitive to any potentially bad assets.
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2 December 2024 | 6 replies
We discovered margins are high here and not all that sensitive to construction or sales price adjustments.The design process is getting along well, but there is still much to be done.
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10 December 2024 | 7 replies
@Chris Johansen There’s a few action items you should take care of to protect yourself from construction related liability.1.The Builder should maintain commercial general liability and professional liability insurance 2.
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14 December 2024 | 42 replies
Additionally, are you recommending that we should prioritize taking action and securing properties that align with our long-term investment strategy?
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9 December 2024 | 8 replies
It's in the main area of the home, and the intention is to keep it as a long-term rental, so I agree that addressing the issue might be the best course of action.
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6 December 2024 | 4 replies
Focus on education, analysis, and actionable steps to build your portfolio in Grand Rapids.Good luck!