Real estate gives you bigger pockets

Consultants Mind

Real estate. I am an real estate investor. I am a firm believe in real estate as an asset class for many reasons: … Continue reading → Learning real estate I have rental properties. Something on the side, something my wife and I do on the weekends.

Building smart and affordable real estate

McKinsey

The global real estate market is changing. Standardization, prefabrication, and smart technology are gaining traction as rising populations confront the need for affordable housing and livable, sustainable cities.

Understanding real estate as an investment class

McKinsey

When it comes to real estate, institutional investors are changing the terms of engagement. Our Insights

Getting ahead of the market: How big data is transforming real estate

McKinsey

Many real estate firms have long made decisions based on a combination of intuition and traditional, retrospective data. Today, a host of new variables make it possible to paint more vivid pictures of a location’s future risks and opportunities. Insights on Capital Projects & Infrastructure

Industrialized delivery systems and the future of real estate

McKinsey

Real-estate developers should accept that business as they have known it is changing. By adopting new construction technologies, they can improve delivery and affordability. Our Insights

Funniest and Most Absurd Real Estate Promotion in Years

MishTalk

Patrick Housing Crash News Top Housing and Commercial Real Estate News. Economics For Real People. Bay Area Real Estate Trends. Real Clear Markets. Funniest and Most Absurd Real Estate Promotion in Years. MISHS. Global Economic. Trend Analysis.

Trust without clear expectations = fail

Consultants Mind

Learning real estate trust vendorTrust, but verify. This is a Russian proverb that US President Ronald Reagan learned and used frequently when speaking about the Soviet Union and nuclear arms reduction verification in the 1980s. I use it quite a bit too – and when delivered with good comedic timing – it can be quite funny. Trust people.

Rental property analysis: 4 examples

Consultants Mind

Real EstateBig fan of rental properties as a way to get retired early. The following is a collection of 4 different blog posts, analyzing the pros / cons of different houses in the Atlanta area. Added photos and ran through the numbers. Gives you a sense of what a good ROE looks like in a mid-size […]. The post Rental property analysis: 4 examples appeared first on Consultant's Mind.

Accounting 101: What is depreciation?

Consultants Mind

Learning Accounting CPA depreciation real estate TaxesIn my mind, depreciation has two meanings – the common sense definition most people know intuitively, and the financial accounting definition which dictates how costs of fixed assets are spread out over many years.

Toronto's Hypocritical Real Estate Boards Suppress Price Information; One Broker Strikes Back with "Pay-What-You-Want" MLS Listing

MishTalk

Hypocrisy of the Toronto real estate board is stunning. Self-Serving Hypocrites Suppress Data Please consider Toronto Real Estate Board Demands Brokers Halt Online Sales Stats. This week, three real estate brokers are cutting off customers’ online access to recent final home sales prices — coveted information that can help buyers and sellers gauge a property’s worth. It’s a test case that could end up affecting other real estate markets in Canada.

"War Games" Show Fed Worried About Commercial Real Estate, Interest Rates; Fed Weighs Consequences of "Macroprudential Tools"

MishTalk

Commercial real-estate prices have continued to rise and are projected to far exceed levels they reached before the 2007-09 financial crisis, adjusted for inflation. Fed officials also looked at whether they could demand that banks require larger down payments on loans to ensure borrowers weren’t as exposed to a large drop in real-estate prices. But Neither Greenspan nor Bernanke saw the real estate bubble until it was too late.

Sam Zell Warns Recession Coming, Provides Opinions on 22 Topics Including Fed Tools, Equities, Real Estate, Energy, China, Brazil, Mexico, Climate Change

MishTalk

Zell discussed a wide variety of topics from the Federal Reserve rate hike, the risk of a near-term recession, real estate, energy, and various foreign investment ideas. If you take out those stocks, the stock market isn't doing real well. And it's, you know, it's a little bit like real estate. I mean we made a fortune because we bought real estate at a discount to replacement cost. Real Estate: It's very hard not to be a seller.

How the Insurance Industry Can Push Us to Prepare for Climate Change

Harvard Business

And the risks are real: Zillow’s research predicts that $400 billion dollars of real estate value in Florida could be at risk from climate change by the year 2100. Innovations in spatial sciences, combined with big data, raise the possibility of the insurance industry introducing innovative pricing strategies that induce private real estate owners and local governments to take efforts that together yield a more resilient real estate capital stock.

If Work Is Digital, Why Do We Still Go to the Office?

Harvard Business

professor Melvin Webber seemed imminent: “For the first time in history, it might be possible to locate on a mountain top and to maintain intimate, real-time, and realistic contact with business or other associates” (Webber M.M.,

What CEOs Get Wrong About Activist Investors

Harvard Business

Other activists have expertise in development and commercial real estate. On the other hand, once the basic defense is in place, the primary goal should be the same as the goal with real-world nuclear weaponry: Avoid any situation in which you would actually have to use it. Boards Business law Leadership Real estate Digital ArticleBenjamin Harte/Getty Images. We were shareholder activists once.

The Crazy Lives of Consultants: One Last Hurrah for Her

The Crazy Lives of Consultants

Its much easier to pick up a real estate agent at the hotel bar than try to convince the much-hounded hotties of IT they should bed down with you! skip to main | skip to sidebar. Monday, April 8, 2013. One Last Hurrah for Her. IT consultants are mostly men, eliminating most opportunities to hook up with co-workers. But sometimes the cards fall in your favor, with a woman consultant on the hunt for a boy toy!

What Amazon’s HQ2 Wish List Signals About the Future of Cities

Harvard Business

Economic development Government Real estate North America Digital ArticleJennifer Maravillas for HBR. Amazon’s big announcement that it will build a second headquarters has caught the attention of local officials, economic development professionals, and pundits across the U.S. and Canada. And for good reason: “HQ2,” as it’s being called, would create upwards of 50,000 high-paying jobs and billions of dollars of new investment in whichever city it locates in.

Seth's Blog: Writing tip: say it backwards

Seth Godin Blog

Your real estate brochure or the ad copy you've written--if it's merely posturing or bragging, better to not say it at all. Seths Blog.Seth Godins riffs on marketing, respect, and the ways ideas spread. About. Archives. Subscribe. Recent Posts. "Oh, Oh, thats just a hack someone put together.". The sophisticates. Q&A: Purple Cows and commodities. Colors or numbers? Words are hooks, words are levers. Mumbo vs. Jumbo. Death and Taxes, 2014. The opposite of anxiety.

Learning as a strategic necessity: Entering a global property market during a domestic boom

McKinsey

China Vanke executive Zhang Xu describes how his real-estate company has met the challenges of overseas expansion. Our Insights

Long-Term Mortgage Delinquencies Seriously Under-Reported

MishTalk

Keith Jurow, a real estate analyst and author of the Capital Preservation Real Estate Report , pinged me a few days ago with his analysis that suggests long-term mortgage delinquencies are seriously under-reported. more…). Economics

How innovation is reshaping Europe’s urban environment

McKinsey

To stay competitive, real estate leaders must offer new services that address the evolving needs and desires of individuals, companies, and communities, such as flexibility or sustainability.

Five Great Lead Generation Tips

Henry DeVries

If you want to create a client attraction chain reaction like bestselling author and real estate investor Chris Prefontaine, you need to focus on multiple streams of income and multiple lead sources

125 Housing Metro Areas Compared: How Much Does California Skew National Averages?

MishTalk

Keith Jurow, a real estate analyst and author of the Capital Preservation Real Estate Report , pinged me a few days ago with his belief that the widely-followed Case-Shiller national real estate index is off on the high side. Jurow supplied detailed, repeat-sale statistics of the top 125 metro regions in the US in an Excel spreadsheet from RealtyTrac. more…). Economics

13-Year-Old Kid Buys $552,000 Home

MishTalk

He just bought his first piece of real estate, a $552,000 four-room one bath house in Melbourne’s Frankston. Meet Akira Ellis a 13-year-old kid. more…). Economics

Google's Next Search Is for Housing

Strategy+Business

With home costs skyrocketing in large metropolitan areas, companies that want to attract talent may have to get into the real-estate business

Glut in Luxury Apartments: Boom Set to Fizzle in 2017

MishTalk

Real estate is has been one of the economic bright spots in the US for several years. But rising interest rates and a glut of luxury apartments portends a slowdown in 2017. more…). Economics

Money Laundering Scandal at Australia’s Largest Bank Triggers Another Call for Ban of Cash

MishTalk

Money laundering is big business in Australia because regulations do not cover lawyers, real estate agents, accountants, and CEOs ignoring warnings from police. Ian Narev, the CEO of Commonwealth Bank of Australia (CBA), the nation’s largest bank is set to step down amid money laundering charges. Despite the obvious problem, it’s cash itself that gets the blame. more…). Economics

Before and after

Seth Godin Blog

But at a smaller scale, the same thing happens when the first restaurant installs a salad bar, or the local insurance agent or real estate broker gets rid of voice mail and starts answering the phone on the first ring. When you put the right idea into the world, people can't unsee it.

Top Tier Chinese Cities Discounting Property; Beijing Prices and Volume Down 11 Straight weeks

MishTalk

The Australia Macro Business Blog notes Tier 1 Chinese Cities Discounting Property Prices and volumes are falling in Beijing and real estate agents are started to drum up sales by delisting homes listed at high prices. Such a situation from two weeks since the beginning of April, the city is currently at this largest second-hand housing sales real estate agent are starting to tell homeowners who ask for high listing prices, “no.”

Billionaires part 1: The Good

Consultants Mind

Sharma makes a compelling argument that an enormous expansion of money supply (read: printing money) created a boom in asset prices in stocks, bonds, and real estate, which unsurprisingly helped the rich; after all, the rich are the ones with assets and equity.

Local scarcity

Seth Godin Blog

Local scarcity was sufficient for coaches, travel agents, real estate brokers, lawn care specialists and car washes. If you ran the local 5 and 10 cent store, you could count on a steady stream of customers to buy your knick knacks, notions and bobbins.

What Brexit Means for Financial Institutions

BCG

According to most economists, the UK’s long-term (2020 and beyond) real GDP post-Brexit will be 3 to 8 percentage points lower than the GDP that the nation would achieve if it remained an EU member. Focus Monday, August 01, 2016.

Consultant, what are you doing to get retired?

Consultants Mind

Real estate gives you bigger pockets. I look forward to retirement. Who doesn’t? I recently went on a road trip to Key West and Sarasota Florida. Seriously, 80 degrees in December with a breeze? Walking on the beach watching while drinking mojitos?

Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst?

MishTalk

You can’t predict how the bursting of a Chinese real estate bubble plays out because it plays out in very small steps,” said Joel H. Rothstein, a partner in the Beijing office of the Paul Hastings law firm who specializes in Asian real estate.

Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Also, the larger the firm, the more overhead the billing rate needs to cover such as partner salaries and bonuses, real estate, advertising, and training. ID 46944176 © Dundja | Dreamstime. It takes practice to quote your consulting billing rate with confidence.

Why even bother to think about strategy?

Seth Godin Blog

A real estate broker could decide that her goal is to get more listings. There's confusion between tactics and strategy. It's easy to get tied up in semantic knots as you work to figure out the distinction. It's worth it, though, because strategy can save you when tactics fail.

“Bargain” $2 Million Homes in Australia: “Super Saturday” Auction Results Posted

MishTalk

For example, you could buy any of the following beauties for $2 million or so, a ‘Bargain’ on Real Estate’s ‘Super Saturday’. Real Estate Institute of NSW president John Cunningham said buyers could compete for homes this weekend with the pressure easing.

Consultant’s gripe: Why is the US tax code 9,000 pages?

Consultants Mind

Unlike corporations, the federal government has no real competitor; it is a monopoly. We had our CPA file an extension a month ago for our personal and real estate taxes. April 15 is tax day in the United States for individuals. There are other tax days (e.g.,

Tires, coffee and people

Seth Godin Blog

Not the systems or the policies or even the real estate. The most important part of a race car is the tires. Good tires will always beat bad ones. The most important part of a cup of coffee is the beans.

Review of 39pg McKinsey Presentation

Consultants Mind

I remind my teams that the titles of the pages are the most valuable real estate – use them wisely. The real “juice” in consulting comes from thoughtful inquiry, rigorous intellectual curiosity, creativity, and something new.

The waitlist for the altMBA

Seth Godin Blog

More than 1,200 strong, it includes freelancers, a law professor, a scientist at the CDC, nonprofit executives, real estate agents, and startup founders. Our twelfth session of the altMBA workshop is upcoming.

To Hug, or Not? Two Views on Whether Hugging Crosses the Professional Line

Joellyn Sargent

Susan’s hugs were expressing appreciation not only for me as the commercial real estate broker professional, but as Paul Mendel, the person. Create real, meaningful relationships. by Joey Sargent and Paul Mendel. Hugging Can be a Touchy Topic. Joey’s Perspective.

Decision making, after the fact

Seth Godin Blog

They carry the wrong credit cards, buy the wrong stocks, invest in the wrong piece of real estate. Critics are eager to pick apart complex decisions made by others. Prime Ministers, CEOs, even football coaches are apparently serially incompetent.