That means we essentially have to stay solid booked those months with a few bookings in the off months to hit 50%.

Their lease ends in June, but I don’t want to wait that long if this continues to impact my family’s health.

The biggest headwinds right now are heightened construction costs largely driven by more expensive MEP’s, introduction of more complexed building codes, higher interest rates and opex costs impacting debt coverage which directly impact refinance options.

If you could share the titles or authors that have significantly impacted your journey or transformed the way you approach real estate, it would be incredibly valuable to me.

Quote from @Frankie Vozzi: Love that perspective, Mia  real estate can absolutely create both profit and impact when done with intention.

I’ve learned that loan structure — term length, fees, flexibility — can have a huge impact on actual profit.How do you decide which funding option makes the most sense for your deals?

Essentially we wanted to do a 1031 exchange and purchase the replacement property under an LLC vs being directly owned by us. 

Inflation has been running well above your cost of debt, which means the lender is essentially paying you to borrow their money.

I'm not seeing fluctuations now vs. a few months ago that are having material impacts.

Essentially what I understand, and might need clarification on, is you the buyer and the seller enter into a joint venture that has an exit plan for the seller.