Hi, I am a landlord in southern California.  My tenant have live at my placed for over 9 months.  Unfortunately, they are in a domestic abuse battle.  The husband is ordered by the court to stay away from his wife and...

I'm not competing with REITs.Focusing on economic occupancy, not just physical occupancy.

Many value-add opportunities come from operational problems rather than physical ones.

Hi @Bonnie Griffin KaakeTraditional firms (like yours) have historically charged $5,000 to $15,000 because their overhead includes manual "take-offs" and physical travel.

Custody is next.

But in my experience the property itself plays a huge role in whether the operation runs smoothly or becomes very management heavy.After a few years of trial and error I started evaluating potential opportunities using what I think of as an “anchor” approach.Instead of looking only at the house, I evaluate four layers:• The city itself• The specific locality within the city• The neighborhood dynamics• The physical layout of the houseWhen those four anchors line up, the model tends to run much more smoothly.

Physical Site, Access & Market Reality CheckAlways walk the site and take pictures / drone aerial.

Electricians, plumbers, HVAC technicians, welders — work tied to the physical world.In other words, many of the youngest workers in the economy are already adjusting to where value is shifting.For decades the economy rewarded access to knowledge.

It's almost like they don't realize that most things, including many alarm clocks, are now connected to the internet and manage all of this for us.I am down to three physical clocks around my house that I need to change, and three watches, but cell phones, oven clock, Garmin watch all make sure I know what time it is.I would use these notifications from realtors and loan officers as good reminders of who I should NOT be working with.

Have you explored any of the physical issues with separating these homes?