Results for ‘How to’ category

938 White Knoll is done

We’re just finishing up renovations on this 9 unit property on behalf of another investor group. The property is fully leased and, in my opinion, pretty damn awesome. Take a look at the before and after shots below:

Using a tenants-in-common structure for 1031 proceeds

Over the past six months, we at Adaptive have got a crash course in tenants-in-common deals and I think this may open a new avenue for growth in our business. To understand why, you first need to understand what a TIC deal is: A tenants-in-common situation is one in which multiple owners possess a property

Always always always check the estimated closing statement

Always, always, always check your Buyer’s estimated closing statement. Why? First, you have to understand what a Buyer’s estimated closing statement is. It’s a piece of paper that shows escrow’s calculation of how much money needs to come in from the buyer to get the deal closed. But wait, you ask, why do we need calculations?

Rain’s coming

Yesterday’s LA Times had a pretty strongly-worded article warning about this winter’s El Nino, which is shaping up to be a once-in-a-generation weather event. Why am I writing about this now, during the summer, on a real estate blog? Because now would be a good time to replace worn-out roofs on your buildings. Once the rain

An interesting deal we won’t win

I got a call about an interesting building in Highland Park a few weeks ago. Ordinarily, these are the types of calls I love… an interesting deal, a broker with whom I’ve done plenty of business, etc. But this one is almost definitely not happening, and here’s why: Because it’s a bankruptcy sale conducted under

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