Hey Guys! Yesterday I was helping a client come up with his after repair value on a commercial flip that he is about to close on and start renovating next week Commercial properties, and properties with 5+ units are typically priced on an income basis. We knew the cap rate we were targeting, 6%-7%, and worked backwards to determine a good list price. Let’s talk […]
Hey Guys! We made it to 2021- thank G*d. Luckily, after 6 days in, we got 3 new properties under contract already for various clients! One of these is a new client of mine -a group of NJ investors who wanted to get started in the Philly world of REI. This was their first purchase in Philly and they asked for a quick overview of the […]
Hey Guys! So we are FINALLY at the end of 2020. Not going to sugarcoat it, it has been a pretty awful year personally but professionally we did okay! So let’s review a year of work! So, as we do, let’s talk Real Estate, let’s talk 2020 REAL ESTATE RECAP… We closed out Project Philly and were issued our Certificate of Occupancy […]