Demolition Scope of Work (attached) This is what I call "cleaning the canvas." It doesn't seem like it, but it's easier to build a new building than to do a major rehab on an old one. I've had to re-learn this lesson many times. https://t.co/DDG0j7p76Y
"Back of the Envelope" way to calculate the value of an apartment building: Assumptions: 10 Unit - New Construction Building building in Los Angeles Monthly Rent: $2,000 Market Cap Rate is 4.25% (View Tweet)
Grief: today my father would have been 65. Still not a day that goes by that I don’t think about him. When he passed nothing anyone really said made it any easier, but the following passage someone sent me did help a bit. == As for grief, you’ll find it comes in waves. When the… https://t.co/nAzeWvnNjZ (View Tweet)
How We Found Our Dream Home in the Hottest Market First, we identified and explored potential neighborhoods where we wanted to live. In our search, we took note of around 3,000 small houses and fixer-uppers. To aid in our research, we hired a virtual assistant. Their job was to… https://t.co/mUuxr5VtvC (View Tweet)
Brokers and general contractors (GCs) want to transition into roles as investors/developers. The developers I know (including myself) would prefer to establish private equity firms that provide funding to other developers. I'd like to do both one day. https://t.co/jf851JqtKO (View Tweet)