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31 July 2024 | 11 replies
She takes her expertise and success and strategizes how to make immediate game-changing improvements.
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29 July 2024 | 0 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.
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29 July 2024 | 0 replies
This project highlighted our ability to enhance property value through strategic renovations and effective project management, resulting in a profitable sale.
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30 July 2024 | 10 replies
Plus, there’s a strategic advantage: I can live in one unit and rent out the other.
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29 July 2024 | 0 replies
The strategic location and swift transaction made it an appealing investment opportunity.
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30 July 2024 | 8 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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29 July 2024 | 2 replies
I took a leap of faith, invested in a run-down apartment complex, and with hard work and strategic planning, I transformed it into a profitable venture.
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31 July 2024 | 19 replies
Myself personally, I was taught how to appraise by an MAI Appraiser, so fortunately for myself I believe I was "correctly" trained and use "correct" actions for formulate my cma's/BPO's.
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29 July 2024 | 9 replies
Always seek strategic advice from a professional.
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31 July 2024 | 20 replies
I specifically want to expand on Chris's point by discussing capital risk buckets, which help set a target return range for IRR.At my company, they are as follows:Core: Lowest risk, Class A product, in Central Business Districts, ranging from 7-10%+ levered IRR (since you're in development, I assume this is most of the asset class you handle).Core Plus: Still low risk, strong location with potential upside, 10-13% levered IRR.Value Add: Medium-high risk, Class B+ or B-, mediocre to strong location with operational or physical upside, 13-15% levered IRR.Opportunistic: Highest risk, major upside potential, varying locations, 15-20% levered IRR.As for the GP/LP split on promoted interest, GPs can choose an aggressive split, but the decision should be strategic and consider the preferences and risk tolerances of potential investors.