Costly Mistakes That Will Kill Your Multifamily Deal
Key Takeaways: Selling a multifamily property is a high-stakes financial maneuver where preparation dictates profitability, yet many owners inadvertently sabotage their own deals from day one. Instead of treating the sale with the strategic precision it requires, sellers often stumble through the process, skipping crucial pre-listing inspections, failing to organize historical financial data, or letting…
What Is A 1031 Exchange?
A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows you to defer paying capital gains taxes when you sell an investment property and reinvest the proceeds from the sale within certain time limits in a property or properties of like kind and equal or greater value. There…
Market Dynamics Driving Housing
While the entire state of New Hampshire has seen a rise in rental rates over the past five years, Rockingham, Strafford, and Hillsborough Counties have all seen a 25%+ increase in rental rates of 2-bedroom apartments. Statewide, the vacancy rate is currently 75%. New Hampshire experienced a 43% increase in permit issuance annually in 2019 when…
What does our future look like in Commercial Real Estate?
Elon Musk, the founder of PayPal, Tesla, SpaceX, the Boring Company, and Open AI, has always thought most people think in analogies instead of understanding the universal truth about the world around us. This is why we feel comfortable sending payments over the internet, able to reuse rockets for multiple launches, have an electric car…
Industry Update
Questions During Uncertain Times Here’s a quick market update from our team and how it might affect future months in commercial real estate. Full disclosure, while we do invest in commercial real estate, we are speaking as real estate brokers and not investors. While we represent a number of property owners and buyers, who each…
COVID-19 Business Guide
Keep The Faith – Information To Help Get Through Trying Times What effects will the COVID-19 virus have on the real estate market on the NH seacoast? What is the history of the governor’s orders? What were the effects of those orders? On Friday the 13th, it all began; Governor Sununu issued a State of…
Not All Cash Flows Are Created Equal
Many real estate investors who recently began their investing journey reach out to a commercial broker, like our team, after painting one too many apartments subsequent to a tenant damaging the unit, or being woken at 2am to deal with plumbing issues wreaking havoc on the property. The call usually goes, “I’d like to not…