I recently met someone who can help you combine the twin problems of business risk and high taxes and, as a result, make yourself more money! Her name is Victoria Powell and I want to share just one of her insights with you. Victoria likes to quote the negotiating master Chris Voss (www.blackswanltd.com/about/team/chris-voss): “Don’t be so sure of what you want that you won’t accept something better.” Maybe there IS something better you can do to …Continue Reading
I had the pleasure of hearing Jason Schechterle speak on June 11, 2015 at Phoenix Art Museum in an event hosted by Accelerent. Living in Phoenix in the spring of 2001, I was aware of the well-publicized tragedy that struck Jason on March 26th. What I was not prepared for was his inspiring story (filled with self-deprecating humor) of triumph over tragedy which is best summarized in a quote from Jason’s Beyond the Flames website: …Continue Reading
I met Mitch Meyerson last night (5/13/15) at the Arizona Marketing Association’s monthly meeting that’s organized by Chuck Trautman. Chuck always does a great job bringing relevant and informative speakers who deliver real, actionable content in their presentations. Last night was no exception with Mitch Meyerson’s presentation on marketing. The presentation got off to a good start for me as I was able to answer Mitch’s first marketing question (“When was Jay …Continue Reading
Phoenix, Arizona (November 3, 2014) – Bellago Homes, a Mesa–based developer with three, one-of-a-kind single family home neighborhoods in Phoenix, has entered the hotly contested infill, multi-family development arena with its newest acquisition. Bellago Homes dba Funk Family Enterprises, LLC purchased a two acre site on 48th Street about a quarter mile south of McDowell Road. The site, which is surrounded by over 20 multi-family projects up and down 48th Street including the 368 unit Class A …Continue Reading
If you own a multi-family property you’ve got it insured, right? And if you’ve owned your apartment for a while, or have several properties, the odds are pretty good you’ve already had or will soon have a large insurance claim. Your insurance agent probably sold you a policy to cover you against weather-related incidents like hurricanes, tornados, rainstorms, hail, for damage due to fire, smoke and water, and liability issues like slip and fall. In short, you’re …Continue Reading
When I speak with acquisition managers about their company’s acquisition criteria, it’s not uncommon for me to glean from their comments that what they’d ideally like to buy is a property they can classify as a steal to the investment committee. I mean, what better way for an acquisition manager to justify his worth to his company than by demonstrating that he bought an apartment for substantially less than his bean counter’s formulaic spreadsheet said the property …Continue Reading
Have you, a friend, family member, employee or tenant ever made a statement similar to one of the following? … “Every time I attend meetings in the management office for more than 10 minutes my sinuses begin to bother me.” or “Last time I showed the model apartment I began to cough and wheeze.” or “Every time I go into the laundry room I begin to sneeze and notice my eyes get watery.” We’re all constantly affected …Continue Reading
If you haven’t spent any time in Boston, New York, or San Francisco recently you may be wondering “What’s a micro apartment?” Even if that’s the case you’ve probably seen a few trendsetters driving around in those Smart Cars. So imagine a Smart Car that you live in and you’ll start to get the picture. Conceived in high density downtowns where the average rent for a studio apartment can run you around $2000 per month, the micro …Continue Reading
If you’re a “dog person” you’ll get this completely.
If you’re not, your reaction is likely to be “You did
what and paid how much for an 11 year old dog??!!” My twelve year old Yellow Labrador Retreiver,
Trudeau, leads a charmed life. His luck started when I drove 8 hours round-trip to St.
John’s, Arizona to visit his pregnant Dam, Sher-Mi
Stellar Sweetheart. I wanted to check her out and see
what she and her life looked …Continue Reading
Multi-family property investing and ownership can be highly lucrative providing a steady stream of cash flow, asset appreciation, and countless tax incentives. However, these ownership benefits do not just happen. The difference between properties that are: well-occupied …Continue Reading