Results for ‘Building Adaptive’ category

The importance of a great insurance broker

Want to get into the business of repositioning apartment buildings? You’re going to spend a ton of time working with insurance brokers. Why? Well, consider what happens when you buy a building: You need a standard policy for the period between closing on the building and the beginning of construction; Then, you need a construction

Letting a pitch go by

When someone joins Adaptive, one of the things I tell her is that she should not worry too much about making a mistake. The reasons are that (i) we can fix pretty much any mistake, so long as we know about it*; and (ii) Jon and I make bigger mistakes than any of our employees

What hustle can do for you

Further to my earlier post about the amount of opportunity available for Millennials who want to seize it… thought I’d share with you the experience of one of our leasing agents this weekend. Keep in mind this woman has a full-time job she works during the week. Instead of sitting around all weekend (like I

Why a real estate career isn’t that risky

I began my career in investment banking helping entrepreneurs sell their media and tech companies to bigger, usually public companies. I quit because I knew I wanted to do something entrepreneurial myself. My first venture was a pretty stupid one. I invested a lot of time and money into an interesting tech concept, but one

Rebuilding the plane in the air

One of the strange things about Adaptive is that neither Jon and I have never managed lots of people before. So, as our operation has grown, we have had to learn by trial and error (mostly error, honestly) about hiring, retaining, motiving people. We’ve also found ourselves having to re-think entire aspects of our operations,

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