All Forum Posts by: Brian Saeger

Count us in.

Nick, do your guys handle upscale SFH's?

Welcome Matthew!  We own 30 hotels currently so you are in good company.

Team's are essential but David's got a good point too.  Keep the deal at the center of your thinking and the team will flow into place.  You will undoubtedly go through a few team members till you find the ones you want to work with but the only way you'll find them is to put them to work.

@CharlieFitzgerald can you elaborate on your advice for @MikeJohnson in this post as I find myself in roughly the same position. 

Great Work Todd!  I'll wait till it sells to ask about the details.

Thanks Shawn!  I'm sure this will alleviate some of their stress.

@ShawnMaxey my wife and sister in law are sitting for the exam this week and have been studying their butts off.  Question for you as someone who has passed, would you say that the test in general is more logical and the correct answer will jump out at you given their good study habits or is the test in general more "tricky" like some of those pre-calculus tests we all remember and the first gut response answer may not be the correct one based on a small detail.

My favorite example is: Your driving a bus with 10 people on it, at the first stop 7 get on and 4 get off.  At the 2nd stop 3 get on and 4 get off.  Q: How old is the bus driver?  That kind of tricky "gotcha" is what I'm hoping they can avoid.

Wow Julia, Thanks for sharing this as I'm sure it applies in a lot of other areas.

Thanks Diana!  Now I like it even more!! 

Sorry - Capex is mostly hotel and builder industry speak and short for "Capital Expenditure". Capex may refer to the item itself like hot water heaters, roof's, appliances, etc - i.e. big ticket items that don't require monthly recurring replacement but also Capex can refer to the account or monies retained from proceeds for future (replacements).