
Charles
21.8K posts

Charles
@Charlesaf3
I like real estate. Hated being a lawyer. (me leaving law boosted my school to t4, so that's a win/win) Small Resi/SFR



Could the median home price one day hit $1 million? NAR Chief Economist Lawrence Yun shares his prediction & breaks down what could drive home prices to that milestone. What's on your mind about the real estate market? Submit your questions by emailing AskTheEconomist@nar.realtor



Garfield Apartments. 12 units. Completed in 2020. If I was starting out as a new multifamily developer today, this is exactly the type of project I would start with.


Just signed my 10th full management client in my PM business. Done some leasing only for a couple of others as well. I am starting to really get busy and ramp up. This is so fun. Took a year for me to really start to get some traction, but the diligence is starting to pay off, and it's awesome.


I don't think we will ever raise a fund or invest in a fund. It just doesn't make sense to me. I know some real estate firms who have raised a massive amount of capital who are feeling pressured to place it by the end of the year. My friend told me they are lowering their expectations and looking at mediocre deals so they can place the money and justify making their fee income. The deal comes first, not second. If you have a great deal, the money will come. There's always a way to capitalize a great opportunity. If you are working on a great multifamily opportunity, my line is always open.






Matthew Dunlap wins Democratic nomination for Maine's 2nd congressional district.



VoteHub projects Matthew Dunlap to win the Democratic primary for Maine U.S. House District 2.








Heard a story that’s more common than anyone can imagine in SF multifamily: Family accumulates a portfolio of apartment buildings over 50 years. Handed down to adult children to manage. They can’t handle it, total disaster. Half the units left vacant. Portfolio liquidated.









Mark, I appreciate your thoughtful and sincere approach on. Are you familiar with Alison Galvani work at Yale. She shows that extending Medicare to 55 is not that expensive. It would save costs because Medicare has lower administrative costs. People aged 55-64 some of the most expensive in private market and you would reduce spending on them. You also need Medicare to have more leverage to negotiate for drug prices --something you have led on. Yes, there is a cost but having progressive taxation to pay for it means that working and middle class Americans would be paying less than on their premiums and employers would be paying less than they would premiums. You eliminate a lit of the middlemen costs like hospital facility fees, private insurance executive cost, administrative and advertising costs, high mark up on drugs etc. Do you agree that a single payer system would be better for costs? Are you open to expanding Medicare? What would it take to get you on board? If you made the case and on the administration, it would help!






