Even in the best of times, carrying debt can cause financial stress. When the economy is less stable, that stress can multiply, and if you don’t manage debt effectively, it can have devastating financial consequences.
While there can be many different approaches to managing multifamily property or a real estate portfolio, the best practices employ effective asset management as a way to get the most out of real estate investments.
Local nonprofits support our local community by meeting the needs of others. That’s why it’s imperative to give back to them.
The first-time buyer share of the market dropped to 26 percent over the past year. Historically, first-time buyers make up 40 percent of the homebuying market.
Businesses need to recognize the full range of services that a CPA can provide and the potential benefits of utilizing these services to help grow and prosper.
While many comment on the fact that fewer homes were sold than a year ago, most are failing to state that a year ago, our market was still seeing unprecedented highs north of 26 percent increase in home prices year over year. This is something we have never witnessed in our lifetime and was not sustainable. So, are we experiencing a decline in home sales from one year earlier? Absolutely we are. Is the sky falling? Absolutely not.
Running a business can be both challenging and rewarding. There are many obstacles that require you to organize yourself. As a business executive and entrepreneur, I have embraced the “Seven Centers of Management Attention,” by Michael E. Gerber, and applied them to my business and my internal systems to create a profitable, collaborative and highly efficient organization. Over the years, these seven building blocks of business have helped me organize my business systems and set the trajectory for my company, management team and employees.
The Nevada Housing Coalition estimates the state has a deficit of more than 105,000 affordable units and is short roughly 84,000 units for extremely low-income renters, or those earning 30 percent or less of the area median income.