Rocket

RE valuation workflow | Falconry in MMXXI

[Rocket @REIT_about_it]

@kimstrodamus @resetbasis Great idea. Revenue management is not there yet, but this kind of gamification is cynical. Everyone is paying a premium upfront and the average overall settled higher

[Rocket @REIT_about_it]

@NobyDefault @luanalopeslara @GovKathyHochul Hypothetically, if a college student were to read your manuals and open positions on a prediction market.

Would you feel different about your position?

Would your position change again if his account brings in $1M annually?

[Rocket @REIT_about_it]

@canadian_eh_aye Things just taste better and crispier in lard.
Tallow for potatoes - unmatched

[Rocket @REIT_about_it]

@JulieChangRE Well organized tho

[Rocket @REIT_about_it]

@JulieChangRE Soft boiled

[Rocket @REIT_about_it]

@JulieChangRE Lennar cutting back on incentives too.

[Rocket @REIT_about_it]

@JulieChangRE Damn that sucks. I like your content

[Rocket @REIT_about_it]

@JulieChangRE I guess condos are the lesser evil solution for density.

[Rocket @REIT_about_it]

@JulieChangRE Are they a better choice over CoOps?

[Rocket @REIT_about_it]

@JulieChangRE I don’t disagree. Some markets are just large even the best use CoStar but have the wisdom/ resource to pause

We still had to live thru the obnoxious “multifam is the safest asset” bro-type after covid

[Rocket @REIT_about_it]

@JulieChangRE FL is non-Attorney State, like CA. The GAP affidavit covers a period to protect against any lag, but not 90 days after close.
Power is linked to the account holder, unpaid they report to credit bureaus. Utility liens become the buyers responsibility bc it’s linked to folio#

[Rocket @REIT_about_it]

@JulieChangRE In FL an unpaid water bill can create a cloud in title with a lien. I’m sure transactions are 90% similar, but that 10% is where you earn the expertise.

Recently, 10% is where my liability has been hiding. I get the hustle, but stick to referrals.

[Rocket @REIT_about_it]

@JulieChangRE This is great, thx!

First one got me. I hold back funds to cover water & sewer on transactions. Always reiterating post-transaction ToDos for parties.

CA is outside my scope, would take a learning curve.

[Rocket @REIT_about_it]

@JulieChangRE It’s not fair to the honest volunteers that step up for a thankless job.

- many others deserve the jail time.

[Rocket @REIT_about_it]

@mf_drew_ @HeshelMangel @chernobelskiy I get that. It’s another strategy - but if using 1031, investors still have a timeline they need to abide by.