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4 January 2025 | 5 replies
Building department can advise on specific next steps - municpal hearing and presentation of plans will be required in most cases.
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5 January 2025 | 8 replies
I have seen some properties on MLS that I contact my realtor and they may know right away the reason it isn't selling from showing it previously, or they can review the realtor comments that aren't viewable by the public on MLS.Other potential reasons I have seen properties listed on MLS for a long time. 1) Some investors may not be comfortable inheriting existing tenants.2) It may be it is a class C neighborhood. 3) Structural issues.
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1 January 2025 | 0 replies
This included some landmark deals including Rockefeller Center’s $3.5B loan and Miami Beach’s Fontainebleau $1.2B refinancingAlternative lenders filling traditional banking gaps with short-term solutions which has already begun a cycle of consolidation that will likely continue and accelerate in 2025The Office Sector Divide:CBD property values are down 50.7% from 2021 peaksClass A office properties seem to be in their own vacuum of prosperity with trophy properties commanding premium rents ($100+ PSF nationally, up to $247 in top markets) with strong occupancyHybrid work continues impacting older building valuations which have not faired as well, but this may begin to rebalance as more companies are instituting mandates to return to physical officesChallenges & Opportunities:$1 trillion in loans maturing by 2026Interest rates up from 3.5% (2021) to 6.74% (2024)Experts such as AEW’s Michael Acton and Blackstone’s Nadeem Meghji see the best entry point in the last 15–20 years and we agreeMarket Outlook:Current market conditions present unique opportunities, with inflation-adjusted prices at historic lows and yields at decade highs.
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14 January 2025 | 25 replies
Hi everyone, Thank you for all of the thoughtful comments and suggestions!
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7 January 2025 | 8 replies
Being young will present challenges in a field where experience is highly valued not just with lenders.
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9 January 2025 | 44 replies
Quote from @Zach Howard: @Jay HinrichsJust curious, any advice/comments/thoughts about how to possibly get started lending?
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1 January 2025 | 0 replies
Going on three years of being worthwhile.Share in the comments if you love your company's environment too!
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20 January 2025 | 37 replies
@Henry Clark See comment and question above.
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12 January 2025 | 23 replies
This may be part of the reason why some decide to quit pursuing real estate investing, especially when challenges start presenting themselves.
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1 January 2025 | 1 reply
So, for anyone who is further along in their journey that came across a book or content that was helpful to developing these skills, please drop a comment!