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What if the skills you built in real estate could unlock success in any business? In this episode, I sit down again with Bava Srinivasan to explore his leap from property investing into entrepreneurship across multiple industries. From buying into a downtown Montreal restaurant franchise to acquiring a group home and launching a social media agency, Bava shares how each venture came from curiosity, persistence, and applying lessons he first learned as an investor. We dive into how real estate training—building teams, managing people, and optimizing systems—translates directly into running businesses. Bava also explains why decision-making speed matters, how failure becomes fuel for growth, and why providing value first is the best way to break into new industries. Tune in to learn how to spot opportunities beyond real estate, transfer your skills with confidence, and build businesses that create both impact and freedom. — Tired of spreadsheets and admin headaches in your rental business? If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value. Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.
Da mercoledì 17 ottobre, con l'episodio n. 20 intitolato L'età dell'adolescenza inquieta (1986), riprende la pubblicazione del podcast sulla storia del movimento e della popolazione LGBT+ in Italia Le Radici dell'Orgoglio.Ogni quindici giorni un nuovo episodio per concludere la seconda stagione sugli anni Ottanta, per poi avventurarci con la terza stagione negli anni Novanta. Aiutaci nel nostro lavoro di ricerca e divulgazione con una donazione: vai sul sito web leradicidellorgoglio.it o sulla piattaforma produzionidalbasso.com e fai una donazione.Noi contiamo su di te!
Ministrul Educației, Daniel David, explică într-un interviu la RFI de ce a decis să nu-și dea demisia, în contextul protestelor profesorilor. El vorbește pe de altă parte despre o serie de reforme din învățământ. Daniel David, despre protestele profesorilor: ”Știu că avem aceste nemulțumiri în sistem, le consider justificate, inclusiv eu sunt nemulțumit de faptul că a trebuit să mă transform dintr-un ministru al reformei, într-un ministru al crizei, al austerității, doar că eu vreau să construiesc pe aceste nemulțumiri reformele de care noi avem nevoie în sistem”. Despre o eventuală demisie: ”Dacă ar fi fost după mine, ar fi trebuit să-mi dau demisia înainte de 8 iulie, atunci când după ce am preluat al doilea mandat, am realizat că dintr-un ministru al reformelor, mă voi transforma într-un ministru al austerității, pentru că a apărut grozăvia, ca să spun așa, financiar-bugetară și acela era un moment, din punct de vedere personal, excelent să plec. Problema este că uneori, un ministru trebuie să hotărască la ce se uită, se uită la interesul personal sau se uită la țară. Dacă ministrul Educației pleca înainte de evaluarea ECOFIN din 8 iulie, înainte de evaluarea S&P din iulie, înainte de evaluarea Fitch din august, înainte de evaluarea pe care o așteptăm de la agenția Moody's, semnul era foarte prost și, Doamne ferește, puteam contribui la o încadrare a țării în categoria junk, ceea ce ne punea la risc salarii, burse, pensii, ajutoare sociale”. Despre reformele din Educație: ”Un efect secundar pozitiv al acestor măsuri de criză, nu a fost intenționat, dar este un efect secundar pozitiv, faptul că la nivelul învățământului primar vom avea cele două ore de educație remedială pentru copii. Noi întotdeauna ne-am dorit să avem program național remedial, dar nu am avut buget. Ei, uite că vom avea două ore pe săptămână la nivelul învățământului primar, în care învățătorul va lucra cu copii să-și consolideze și să-și fixeze competențele dobândite, să corecteze competențele pe care ar fi vrut să le formeze și copii n-au reușit să le asimileze”.
Noi credem cu tărie că un mesaj în care Evanghelia si Cuvântul lui Dumnezeu sunt centrale şi expuse autentic, are impact în viaţa ascultătorului. Aşadar, fie că eşti membru într-o biserică sau auzi pentru prima dată un mesaj de genul acesta, avem încredinţarea că dacă-l vei asculta cu seriozitate va fi benefic pentru viaţa ta. Credem cu tărie că Dumnezeul Triunic s-a revelat personal în Scripturi şi deasemena credem că a revelat omului planul Său cu privire la creaţie. De aceea încercăm, în măsura în care am fost înzestraţi de Duhul Sfânt, să transmitem mesaje fidele Scripturii, care afirmă despre ea însăşi, că este singura autoritate, suficientă pentru orice aspect important al vieţii omului. 2Timotei 3:15-17Suntem o comunitate de oameni obişnuiţi, păcătoşi şi imperfecţi dar care prin Harul Lui Dumnezeu, jertfa substitutivă a Domnului Isus de la cruce şi lucrarea tainică a naşterii din nou făcută de Duhul Sfânt, personal în fiecare dintre noi, am fost salvaţi, regeneraţi şi sfinţiţi. Credem deasemenea că suntem făpturi noi locuite şi abilitate de Duhul Sfant să trăiască o viaţă de sfinţenie pentru Gloria Lui Dumnezeu, având onoarea şi responsabilitatea să fim angrenaţi activ în lucrarea de răscumpărare a Lui Dumnezeu. Noi nu pretindem mesaje infailibile, dar pretindem că Biblia este infailibilă; Nu pretindem că avem monopolul Adevărului, dar pretindem că Hristos este "Calea, Adevărul şi Viaţa". De aceea scopul nostru nu este să te inducem în eroare sau să te amăgim, nici să spunem doar ceea ce vrei să auzi, ci este să expunem clar Cuvântul Lui Dumnezeu pentru ca Acesta să producă Credinţă autentică în viaţa omului şi să dea direcţie celor aflaţi deja pe calea sfinţeniei. Știm şi recunoaștem că suntem într-un proces de învățare continuă, astfel identificăm slăbiciuni în ceea ce privește expunerea Cuvântului lui Dumnezeu, pe care cu ajutorul Duhului Sfânt vom incerca să le diminuăm, dar în ciuda acestui neajuns universal valabil tuturor lucrătorilor de pretutindeni, avem certitudinea că preluate de Duhul Sfânt, mesajele noastre bine intenţionate vor fi de folos pentru o lucrare destoinică. Aşa că frate/soră sau prieten/ă drag/ă, dacă asculţi acest mesaj, te rog să inţelegi că Dumnezeu în providenţa Lui a decis să-l asculţi, intr-un scop pe care-L are cu tine personal, dar cu un beneficiu reciproc, probabil spre mântuire, pocăinţă, încurajare, zidire, mustrare, corectare, învăţare. Te încurajăm să ne contactezi (https://bisericaradiant.ro/) şi să ne spui cum ţi-a vorbit acest mesaj.
In this episode of Pillars of Wealth Creation, Todd sits down with Brad Johnson to discuss the realities of mobile home park investing. Brad shares how he first tried managing parks from 2,000 miles away, only to realize the inefficiencies of remote operations. Today, he focuses on providing capital to local operators with the infrastructure and systems needed to manage these communities effectively. Mobile home parks are an operationally intensive asset class, essentially functioning like small cities for 100+ families. Success requires strong teams, reliable rent collection, and well-built systems to manage expenses and infrastructure. Brad emphasizes the importance of investing with experienced operators who understand how to grow NOI and sustain communities—rather than newcomers chasing an idea without a plan. Favorite Book: Poor Charlie's Almanac By Charles T Munger 3 Pillars 1. Compounding 2. After Tax Return Wealth 3. Diversification Brad Johnson is the Co-Founder and Chief Investment Officer of Vintage Capital, where he leads private alternative investment strategies with a focus on mobile home parks and private credit. With over 20 years of experience in real estate and private equity, he has closed more than $3.3 billion in transactions and brings prior expertise from Wells Fargo's Eastdil Secured, TA Associates Realty, and The Swig Company. Brad holds a B.S. from Cal Poly San Luis Obispo and an M.B.A. from MIT. If you would like to connect with Brad Johnson, visit vintage-funds.com YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...
Institutional CRE investing: A market run by allocation math – and uncertainty My podcast/YouTube guest today is Greg MacKinnon, Director of Research at the Pension Real Estate Association (PREA). PREA represents the institutional real estate community - think pension funds, sovereign wealth funds, endowments, and other fiduciaries managing hundreds of billions on behalf of millions of beneficiaries. These are the investors who typically allocate to real estate as part of their overall investment portfolios and who set the tone for how capital flows through the entire real estate market. Greg explains how while institutional real estate remains a roughly 10% sleeve in diversified institutional portfolios, the number matters less than the mechanics behind it. When equities rally and private values fall, the real estate slice shrinks—creating a theoretical bid to “rebalance” back to target. In practice, that bid has been clogged by a fund-recycling problem: closed-end vehicles haven't been returning capital as quickly because exits have slowed, which leaves investors waiting for distributions before recommitting. Until that dam breaks more broadly, new capital formation into private real estate remains inconsistent across strategies and managers. Office: price discovery by compulsion Institutional portfolios built in a world where office was a core holding are still working through the repricing. Unlevered office values are down on the order of ~40% from pre-COVID peaks nationally; with leverage, many positions are effectively wiped out, explaining why owners resist selling and why trades are scarce. That stasis is ending as lenders tire of “extend and pretend,” loan maturities arrive, and forced decisions accelerate. The practical question for CIOs isn't simply “hold or sell” but how fast to harvest, return, and re-underwrite risk elsewhere. Expect more office volume but much of it distress-driven rather than conviction buying. The rate cut mirage: CRE runs on growth and the 10-year Market chatter obsesses over the next Fed move. Institutional capital takes a broader view. The cost of capital that matters for underwriting – term debt, cap-rate anchoring, discount rates – is tethered more to the 10-year Treasury than the overnight Fed funds rate. A policy cut can coexist with a higher 10-year if inflation risk re-prices, blunting any “cuts are bullish” narrative. More importantly: CRE performance tracks the real economy's breadth and durability. Historically, rising interest rates often coincide with strong growth and healthy real estate. Falling rates tend to arrive with deceleration, which is why “cuts” are not automatically good news for NOI or values. Underwrite your forward cash flows, not the headline. Policy risk is now an underwriting line item Global capital has long treated the U.S. as the default safe harbor. That advantage compresses when macro policy feels unpredictable – tariffs one week, reversals the next, and public debate over central-bank independence. Some non-U.S. allocators have simply chosen not to live with the noise premium, shifting incremental dollars to Europe. Domestic institutions aren't exiting the U.S., but the signal is clear: political-economy volatility now shows up as a higher hurdle rate, more conditional investment committee approvals, and a stronger preference for managers who can navigate policy in both research and structuring. Where the money is actually going Facing actuarial return targets and a cloudy macro, institutions are tilting toward “where alpha lives now”: Digital and specialized industrial: data centers; cold storage; and industrial outdoor storage (IOS) – think secured yards for heavy equipment – where supply is constrained and tenant demand is need-based. Housing adjacencies: single-family rental, manufactured housing, student housing, and seniors housing, plus targeted affordable strategies that can layer policy incentives with operating expertise. Selective core logistics and resilient multifamily: still investable but crowded; institutions need an edge in submarket selection, cost basis, or operations to meet return hurdles. Themes in common: operational complexity that deters industry tourists, local expertise that differentiates underwriting, and cash flows less correlated to the office cycle. The portfolio is changing: from “real estate” to “real assets” Many large investors are reorganizing how they bucket risk. Instead of a hard 10% “real estate” sleeve, they're adopting either a broader real assets mandate (real estate + infrastructure + sometimes commodities) or a private markets sleeve (real estate + private credit + private equity). The goal is flexibility: tilt to where relative value is best without tripping governance wires each time. This structural shift makes it easier for a head of Real Assets to move dollars from, say, mid-risk equity in apartments to long-duration infrastructure when spreads and growth argue for it, and to rotate back when underwriting improves. It's a quiet change with large implications for which managers get funded and when. “Institutional quality” is a culture, not a class of building Too many sponsors use “institutional quality” as shorthand for a gleaming asset. Institutions define quality as process: governance, repeatability, controls, reporting cadence, and audit-ready data, plus the discipline to say “no” when the numbers don't clear the bar. That's why a best-in-class niche specialist (e.g., Southwest self-storage or cold-chain) can attract blue-chip LPs without owning a single skyline trophy. Conversely, a sponsor with a glossy deck but ad-hoc reporting will struggle to cross the institutional threshold even in “prime” locations. What to do now (operators and allocators) Own the 10-year, not the headline. Build your assumptions around the 10-year Treasury and the yield curve, not the Fed's short-term rate projections. Stress cash flows under slower growth. Lean into complex operations. Data centers, IOS, cold storage, seniors housing, where capability barriers protect yield. Be distribution-aware. If you're raising from institutions, understand their recycling constraints; design pacing and structures that fit their liquidity reality. Institutionalize the back office. Reporting, controls, and data pipelines are capital-raising assets. Treat them as such. Bottom line: allocations still want to be filled, but the bar is higher and the path is narrower. Those who combine operating edge with institutional process will take disproportionate share when the dam finally breaks. n.b. Greg and I take a detailed look at what ‘institutional' real estate really means; how it's defined, structured, and operates. It's worth tuning in so you can separate fact from fiction the next time you see the term in a pitch deck. *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing. With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection. Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000
PSD este solidar cu profesorii și elevii, dar e serios în această coaliție, spune la RFI deputatul Marius Budăi. Fostul ministru al Muncii cere Guvernului că intre în dialog cu sindicaliștii care au ieșit în stradă în prima zi a anului școlar. Marius Budăi, despre protestele profesorilor: ”Trebuie dialog, pentru a ajunge la o mediere, că asta înseamnă dialogul, o mediere și un dialog intens, profund și onest. Nu poți să fii inflexibil, nu poți să rămâi de neclintit, atunci când un întreg sistem îți spune că ceva este eronat și undeva ai greșit, pentru că nu vorbim doar de chestiuni financiare. Trebuie discutate aceste aspecte”. Peste zece mii de profesori au ieșit luni în stradă, nemulțumiți de măsurile de reformă luate de Guvern. Manifestanții au organizat un marș de la Palatul Victoria la Palatul Cotroceni, chiar în prima zi de școală. Ce spune deputatul PSD Marius Budăi despre o eventuală creștere a vârstei de pensionare: ”Exclus! Noi trebuie să luptăm pentru creșterea speranței de viață și mai ales a speranței de viață sănătoasă și după aia să lucrăm și am spus acest lucru, inclusiv în legea pensiilor, atunci când eram ministru (...). Și așa avem 65 de ani și speranța de viață în România, mai ales de viață sănătoasă, este undeva la 59-60 de ani”.
Sunt ecouri dupa ce premierul Ilie Bolojan a sugerat că România trebuie să crească vârsta de pensionare la toate categoriile pentru a evita colapsul sistemului în următorii 5-10 ani. Intre timp, Guvernul a revenit si prin purtatoarea de cuvant a transmis ca nu are în vedere cresterea vârstei standard de pensionare. O dezbatere care trebuie deschisa la un moment dat, crede analistul economic Aurelian Dochia. Argumentele lui in aceasta seara. Noi contre între reprezentanții Coaliției de guvernare Fostul ministru de Finanţe Marcel Boloş sustine că l-a anunţat de cateva ori pe premierul Marcel Ciolacu că ”deficitul bugetar se duce în cap”. Informările au inceput din vara anului trecut, spune liberalul. Raspunsul fostului lider PSD nu poate fi reprodus. Ce inseamna ca seful guvernului a ignorat respectivele avertismente, discutam mai tarziu. Prim-ministrul francez a pierdut votul de încredere în Parlament. Consecințele ar putea afecta Europa întreagă, inclusiv Ucraina în război Se așteaptă ca François Bayrou să își prezinte demisia președintelui Franței Viitorul prim-ministru va trebui să se ocupe, sub presiunea timpului, de adoptarea bugetului pentru 2026. Criza politicadin franta este un subiect pe care il vom aborda in 40 de minute , mai ales ca sunt asteptate proteste in Hexagon. Președinta Republicii Moldova, Maia Sandu, s-a adresat Parlamentului European, în cadrul unei ședințe solemne Rusia și-a dezlănțuit întregul arsenal hibrid împotriva noastră iar câmpul de luptă sunt alegerile de la sfarsitul lunii. Moldova poate fi terenul de testare, dar ținta este Europa, a completat lidera de la Chisinau. Corespondenta noastra , Valeria Vitu i-a urmarit discursul.
What do you do when your Humvee gets rocked by an IED blast… and a suspicious car creeps toward you through the dust? Most people freeze. Navy Corpsman Noi Dumpit didn't. He confronted the driver — thinking it could be his last moment — and somehow chose not to pull the trigger.In this episode of Urban Valor, Noi relives the chaos of Fallujah, where life and death blurred by the second. He breaks down the day his Humvee was launched into the air by a vehicle-borne IED, and the surreal moment that followed when he faced a possible suicide bomber.But the IED blast was only one chapter. Noi also opens up about his post-deployment struggles, the moral confusion of letting terrorists through checkpoints, and how martial arts eventually became his path to healing. From battlefield trauma to rebuilding a business back home, this story is raw, real, and unforgettable.
Bart sits down with co-founder John Koborowski to rapid-fire update the portfolio—especially assets tied to Neighborhood Ventures' Opportunistic Fund: Asset #1 (acquired Jan ‘25): Occupancy jumped from 72% → 85%+ as tenant quality improved and maintenance was brought in-house; Google reviews surged from ~2.5★ to 5★ under on-site leadership. Venture on 52nd (closed mid-March): Now 94% occupied with 12 new leases and 15 renewals trending to market. Light CapEx (sound-dampening doors on Thomas-facing units, new semi-private patios) is boosting NOI and rental appeal. Venture on 12th Place: Strategic refinance converted $2M debt → $2M equity, locking in fixed financing and positioning a well-renovated, high-occupancy asset for a stronger hold. Venture on Maryland (under contract): 78 units in Central Phoenix at a compelling basis with lender-backed reno dollars; plan is staged interior upgrades and bringing ~$1,100 one-beds toward ~$1,500 market rents. Venture on Country Club: City-driven life-safety upgrades (sprinklers, egress, signage) slated to start September with tenants in place—stabilizing operations in a “buy-don't-sell” market. Clear takeaways: disciplined ops, targeted CapEx, and cycle-aware buying are driving occupancy, NOI, and long-term positioning across the NV portfolio.
Le immagini di migliaia di donne sono finite, a loro insaputa, su siti frequentati, di fatto, da soli uomini, con commenti spesso osceni. Molti i reati sui quali indaga la Procura di Roma, dal revenge porn alla diffamazione aggravata fino alla violazione della privacy.Ne parliamo con Mara Carfagna, segretaria di Noi moderati e subito dopo con Giovanni Ziccardi, professore di Informatica giuridica all'Università statale di Milano.
Noi suntem la loc sigur numai dacă umblăm pe calea pe care ne conduce Hristos. Această cale va deveni tot mai luminoasă până când va ajunge clară ca lumina zilei.Citește acest devoțional și multe alte meditații biblice pe https://devotionale.ro#devotionale #devotionaleaudio
Amo ti lasciamo qui sotto il link per scoprire meglio il mondo di Serenis e le possibilità che offre: Codice: POV17 https://www.serenis.it/influencer/pov?utm_source=influencer&utm_medium=affiliate&utm_campaign=POV17&utm_content=podcast&utm_term=host+read Melissa buona domenica e oggi proprio nun te stai a regolà perché sta puntata nun è come le altre. Serviva il romanaccio come inizio descrizione puntata? E io ti chiedo serviva riscrivergli questa settimana? A chi? Boh lo sai tu io sono solo delle parole sotto la bio di un podcast di due fiordi. Comunque, oggi è domenica, sono le 17 e questo è un "AMO, CHAT", il formato con le vostre storie che questa volta perdono il loro carattere plurale per diventare una. Amo non so che cazzo dobbiamo dirti però qua è un casino, cerchiamo di darti un input per convincerti a fare play alla velocità della luce: una ragazza, la voglia di innamorarsi e un richiamo da Parigi che odora di libri e serate sulla Senna. Che altro dirti? Noi ti aspettiamo dopo il play per questo unico e grande racconto targato saffo. Email dove inviarci le storie da leggere la domenica: amochatpov@gmail.com
Paola Calvetti"Il segreto del cigno"Mondadori Editorewww.mondadori.itSguardo fermo, sorriso calibrato, grazia innata e bellezza regale: Catherine Middleton incarna l'ideale di perfezione che la monarchia britannica tenta ostinatamente di preservare. Ma dietro l'apparenza algida e l'indecifrabile riservatezza, si cela molto di più di una moderna Cenerentola: c'è una donna che ha fatto della discrezione un'arte e del silenzio uno strumento di potere. Elegante e misteriosa, la commoner che dal 29 aprile 2011 ha deciso di unire il proprio destino a quello di William, futuro sovrano d'Inghilterra, è diventata il membro più carismatico e amato della famiglia reale. Eppure per molti rimane un enigma, sempre in bilico tra la donna che è e quella che il suo ruolo le impone di essere. Paola Calvetti, con il suo sguardo appassionato e attento ai dettagli, ripercorre la vita della principessa di Galles scavando sotto la superficie dei gesti pubblici, dove la favola incontra la strategia, e il romanticismo convive con la disciplina ferrea di una futura regina. Dall'incontro con William al fastoso matrimonio, dalla nascita dei tre figli alle tante occasioni in cui ha concretizzato il suo impegno a favore dei bambini e delle persone che soffrono di disagi psichici, dal burrascoso rapporto con i cognati Harry e Meghan fino al toccante annuncio della malattia. Un gesto, quest'ultimo, che non solo ha cancellato d'un colpo i pettegolezzi, ma ha anche messo in luce il suo coraggio e la sua umanità, avvicinandola ancor di più alla gente comune. Il ritratto, disegnato con grazia e intensità, svela il profilo di una donna che si prepara a entrare nella Storia con la maestosa eleganza di un cigno, le cui zampe, sotto la superficie dell'acqua, si muovono rapide e senza sosta. Una principessa carismatica, determinata a dare una nuova impronta al futuro della monarchia.Paola Calvetti, giornalista, ha lavorato alla redazione milanese del quotidiano «la Repubblica» e scritto per il «Corriere della Sera» e il settimanale «Io Donna». Ha diretto l'ufficio stampa del Teatro alla Scala, è stata direttore della comunicazione del Touring Club Italiano e direttore comunicazione e marketing del Maggio Musicale Fiorentino. Finalista al premio Bancarella con il romanzo d'esordio, L'amore segreto (1999), ha pubblicato: L'Addio (2000), Né con te né senza di te (2004), Perché tu mi hai sorriso (2006) e, per Mondadori, Noi due come un romanzo (2009), Olivia, ovvero la lista dei sogni possibili (2012), Parlo d'amor con me (2013), Gli innocenti (2017) e i saggi Elisabetta II. Ritratto di regina (2019) e Le rivali (2021). I suoi romanzi sono tradotti in Francia, Germania, Spagna, Albania, Giappone, Olanda, Stati Uniti.IL POSTO DELLE PAROLEascoltare fa pensarewww.ilpostodelleparole.itDiventa un supporter di questo podcast: https://www.spreaker.com/podcast/il-posto-delle-parole--1487855/support.
Global Sumud Flottilla, giorno 5. Le barche italiane non partono a caso: si concentrano con quelle che risalgono dalla Spagna e da Tunisi, per salpare insieme. È logistica e buon senso: arrivare alla spicciolata sarebbe un regalo a chi vuole isolare ogni equipaggio. Gli organizzatori indicano la finestra del 7 settembre per l'innesto da Catania e Tunisia, dopo controlli e prove di sicurezza: la flotta cresce a onde, non a colpi di foto. Intanto Gaza sanguina. Nelle ultime 24 ore i raid hanno ucciso almeno 69 persone e ne hanno ferite oltre 400, portando il bilancio complessivo a circa 64.300 morti dall'ottobre 2023. A Gaza City l'offensiva ha raso al suolo un grattacielo nel quartiere Rimal, mentre le sirene corrono tra le tende degli sfollati. La cronaca è una sola: bombardamenti su edifici, famiglie, strade. A Roma la premier risponde a Elly Schlein promettendo «tutela per gli italiani a bordo», invitando però ad «avvalersi dei canali umanitari già attivi» per evitare rischi. I famosi canali umanitari che non incanalano mentre accade lo sterminio. È la solita protezione condizionata: la dignità viene messa a bilancio, come se la legge del mare e il dovere consolare fossero optional. Chi oggi parla di oneri dovrebbe guardare i numeri di Gaza e decidere da che parte stare. Noi, intanto, facciamo ciò che va fatto: proteggere i naviganti, smentire i complottisti, ricordare che le acque di Gaza non sono proprietà privata. La partenza del segmento italiano avverrà con la concentrazione di tutte le barche — dalla Spagna alla Tunisia — perché questa è la forza: un'unica rotta, un'unica notizia, un'unica richiesta agli Stati che tacciono #LaSveglia per La NotiziaDiventa un supporter di questo podcast: https://www.spreaker.com/podcast/la-sveglia-di-giulio-cavalli--3269492/support.
On this episode of Next Level CRE, Matt Faircloth interviews Paul Moore. Paul shares his remarkable journey from selling his first company and chasing “shiny objects” that left him $2.5M in debt, to giving his way out during the 2008 crash, and eventually pivoting into real estate. He explains why multifamily wasn't the “perfect investment,” how Wellings Capital now focuses on fund-of-funds strategies using Pareto's principle to back only top-tier operators, and why diversification across operators, geographies, and asset classes is key. Paul also highlights how private equity firms vet operators, what passives should know about due diligence (including NOI audits), and how Wellings has raised over $800K to fight human trafficking through AIM Paul Moore Current role: Founder & Managing Partner, Wellings Capital Based in: Lynchburg, Virginia Say hi to them at: LinkedIn| Wellings Capital| AIM Free Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices
What if your first rental property became the spark for a much bigger journey? In this episode, I sit down with Bava Srinivasan to hear how he went from buying his first single-family home in Brossard to building a diverse real estate portfolio across Quebec and the Maritimes. Bava shares how a mindset shift—from consumer to investor—helped him see opportunity differently, and how mentors, community, and creative financing shaped his growth. We dive into the importance of secondary and tertiary markets, how off-market deals can accelerate progress, and why surrounding yourself with the right team of brokers, property managers, and partners makes all the difference. Bava also opens up about personal development—why discomfort fuels growth, how failure builds resilience, and why every investor should take inventory of themselves along the way. Tune in to learn how patience, community, and the right mindset can turn a single rental into long-term financial freedom. — Tired of spreadsheets and admin headaches in your rental business? If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value. Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.
Noi nu ne putem salva singuri de sub puterea ispititorului; el a învins umanitatea și, când noi încercăm să stăm în picioare prin propria noastră putere, vom deveni o pradă a șiretlicurilor lui, dar „Numele Domnului este un turn tare; cel neprihănit fuge în el și stă la adăpost” (Proverbele 18:10). Satana tremură și fuge din fața celui mai slab suflet care își găsește refugiul în acest Nume puternic.Citește acest devoțional și multe alte meditații biblice pe https://devotionale.ro#devotionale #devotionaleaudio
Multifamily syndications can unlock wealth, tax advantages, and freedom. Nizan Mosery shares powerful insights, revealing the golden trifecta every investor must know.See full article: https://www.unitedstatesrealestateinvestor.com/creating-wealth-freedom-and-ultimate-fulfillment-with-nizan-mosery/(00:00) - Welcome to The REI Agent Podcast with Mattias and Erica(00:19) - Mattias Introduces the Episode and Guest Nizan Mosery(03:55) - Nizan Joins the Conversation: Multifamily and Student Housing Focus(05:09) - From Fix-and-Flip to Multifamily Syndication(06:32) - Nizan's Family Real Estate Roots in New York(07:53) - Moving to Florida and Entering Real Estate Sales(09:16) - Transition from Agent and Broker to Multifamily Investor(10:52) - Investing in Student Housing and Market Demand Shifts(13:04) - Breaking Down Syndications: Cap Rates and Value-Add Strategies(19:30) - Example of Rent Increases and Cap Rate Impact(21:10) - Conservative Rent Growth and Resident Retention(22:20) - Managing Turnover and Increasing Property Value(23:57) - Syndication Structures: LPs, GPs, and Investor Classes(30:04) - Tax Advantages: Cost Segregation, Bonus Depreciation, and Opportunity Zones(31:42) - Mattias Shares a $50K Investment and $66K Tax Write-Off Example(32:38) - Tangible Nature of Real Estate vs. Stocks(33:19) - Local Market Stability and NOI as Value Driver(36:13) - Recapture Tax Considerations and Holding Periods(39:08) - Using Retirement Accounts and Insurance to Fund Investments(41:11) - Diversifying Portfolios Across Markets(42:19) - Favorable Markets: Density, Growth, and Moratoriums on Single-Family Builds(43:36) - Golden Nuggets: Build Wealth Through Multifamily and the Golden Trifecta(45:27) - Recommended Books: Think and Grow Rich, How to Win Friends and Influence People, The 12-Week Year, Flip the Script, Profit First(48:22) - Nizan's Contact Info and Free Due Diligence Checklist(49:47) - Closing Thoughts and Thank You from Mattias and Erica(50:16) - Disclaimer: Entertainment Only, Not Investment or Therapy AdviceContact Nizan Moseryhttps://www.mtninvestmentgroup.com/https://www.instagram.com/thetravelinginvestor/https://www.linkedin.com/in/nizanmosery/https://www.youtube.com/@NizanMosery1For more powerful insights on building wealth, freedom, and a life of choice through multifamily syndications, visit https://reiagent.com
Laura Pugno"L'oltre"Poesia, Terzo paesaggio, Terza natura?Il Saggiatorewww.ilsaggiatore.comCosa succede quando la poesia smette di essere parola e diventa luogo, materia, paesaggio in continua trasformazione? L'oltre è un viaggio ai margini del linguaggio, dove la scrittura si intreccia con il mondo selvatico e l'abbandono si fa spazio di rinascita. Laura Pugno esplora il confine in cui la parola smette di descrivere e inizia a esistere, interrogandosi su cosa significhi abitare il linguaggio come si abita un territorio. Attraverso il concetto di Terzo paesaggio di Gilles Clément, l'autrice varca margini incolti e interstizi dimenticati, luoghi in cui la biodiversità resiste fuori dalle logiche di potere e produzione. È lì che anche la poesia si rifugia e si rigenera: un territorio liminale tra il visibile e l'invisibile, tra l'urbano e il selvatico, tra la memoria e il futuro. La ricerca di Laura Pugno coinvolge poeti, filosofi, artisti, aprendo un dialogo sulla parola come strumento di riconfigurazione del reale, dove il linguaggio stesso diventa un bosco attraversato da sentieri incerti, una mappa ancora da decifrare. L'oltre è un invito a ripensare il nostro rapporto con la parola e con il mondo. Nella scrittura come nel paesaggio, c'è uno spazio che sfugge alla classificazione, una zona in cui l'umano e il non umano si intrecciano in una nuova forma di coesistenza. Entrare in questo spazio significa riscoprire il senso profondo della poesia come luogo di resistenza, di metamorfosi, di possibilità.Laura Pugno (Roma, 1970) è poeta, narratrice e saggista. Collabora con il Venerdì e tuttolibri, scrive per il teatro, il cinema, la radio e fa parte del comitato scientifico del premio Strega Poesia. Dal 2015 al 2020 ha diretto l'Istituto Italiano di Cultura di Madrid. Tra i suoi ultimi libri ricordiamo i romanzi La ragazza selvaggia (2016; premio Campiello Selezione), Sirene (2017), La metà di bosco (2018), Noi senza mondo (2024), i saggi In territorio selvaggio (2018), Oracolo manuale per poete e poeti (2020; con Giulio Mozzi) e le raccolte di poesie L'alea (2019), Noi (2020; premio internazionale Franco Fortini) e I nomi (2023). Nel 2021 il Saggiatore ha pubblicato la Mappa immaginaria della poesia italiana contemporanea.IL POSTO DELLE PAROLEascoltare fa pensarewww.ilpostodelleparole.itDiventa un supporter di questo podcast: https://www.spreaker.com/podcast/il-posto-delle-parole--1487855/support.
In this episode of the Property Profits Podcast, Dave Dubeau sits down with Percy Nikora, co-founder of Penn Capital Group, to dive into strategies for uncovering opportunities in overlooked multifamily markets. Percy shares how Penn Capital has successfully built a portfolio across emerging markets like Huntsville, North Carolina, South Carolina, and Northwest Texas—all while staying disciplined during recent market turbulence. He discusses: How secondary and overlooked markets can offer strong job growth and population trends Why buying newer construction can sometimes beat the traditional “value-add” approach Smart ways to increase NOI without raising rents—like valet trash, internet partnerships, and washer/dryer leasing The power of creating local “hubs” for property management across multiple states How Penn Capital uses a fund structure to diversify investors and win better deals - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/
In this episode, I sit down with the CEO of Universe Holdings, a multifamily real estate veteran with over 42 years of experience. From his very first property acquisition to building a massive portfolio, he shares the hard-earned lessons, strategies, and insider insights every real estate investor should know.If you're curious about how to get started in multifamily real estate, avoid major mistakes, harness significant tax benefits, and scale your investments—this episode delivers actionable advice you can start using immediately.
Bun venit în noul sezon de business din 2025! Odată cu sosirea toamnei vacanța se termină. Este timpul ne întoarcem la munca noastră. Noi oportunități, dar și riscuri, apar la orizont. Dacă până acum anul acesta ai simțit că te zbați să faci branding personal și business, știi că nu poți continua așa. E momentul să schimbi ceva. O poți face doar dacă conștientizezi unde lucrezi ineficient și iei măsuri să schimbi asta. Episodul 229 te face atent la ce faci mai puțin eficient și cum să repari.
Just like weeds can overtake a thriving garden, hidden risks can creep into your real estate portfolio and compromise everything you've built. In this episode of REady2Scale, Jeannette Friedrich draws a powerful analogy between gardens and portfolios to highlight how “weeds” or overlooked risks can creep in and compromise performance. She walks through five key portfolio risks investors need to identify early and manage effectively to ensure long-term success. Key Takeaways: - Why over leverage is one of the most dangerous risks and how to mitigate it with cash reserves, fixed rate debt, rate caps, and stress testing. - The importance of diversification across markets, operators, and asset classes to avoid concentration risk. - How neglecting asset management can erode NOI and property value, and what proactive steps to take with reporting, metrics, and property managers. - Why chasing “shiny object” investments outside your expertise can be risky, and how to stay disciplined with your investment thesis. - The role of tax strategy in maximising returns, including cost segregation, bonus depreciation, and 1031 exchanges. By the end of the episode, you will have a practical framework for spotting and removing portfolio “weeds” before they undermine your hard work, ensuring a stronger and more resilient investment harvest. Timestamps 00:00 Introduction: Gardening and Real Estate 00:59 Weed #1: Over Leveraging Risks 01:54 Weed #2: Concentration Risk 02:30 Weed #3: Neglecting Asset Management 03:29 Weed #4: Chasing Shiny Objects 04:04 Weed #5: Ignoring Tax Strategy Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose *
Send us a textThey say nothing is certain except death and taxes — and in multi-family real estate, property taxes are often the single biggest expense you can't escape. In this episode, we sit down with Tyler Dowell and Kyle Moon from KE Andrews, one of the nation's leading property tax consulting firms, to unpack how owners can fight rising assessments, navigate appeals, and protect their NOI. From understanding how valuations are set to learning strategies that actually work in protests, this conversation is all about turning one of real estate's biggest headaches into a competitive advantage.If you've ever wondered how to outsmart the taxman (legally, of course), this is the episode for you.
După ultima etapă de dinaintea pauzei competiționale, prilejuite de jocurile echipei naționale, Universitatea Craiova și Rapid, situate pe primele două locuri, rămân singurele echipe neînvinse în Superligă. CFR și FCSB au remizat în “derbiul răniților”și ocupă locuri de baraj. Tudor Furdui face analiza etapei a 8-a din Superliga de fotbal. Etapa a 8-a a început vineri, cu victoria Rapidului în Giulești, 2- 0 cu UTA. Rapidiștii au rămas în continuare neînvinși în Superligă, în timp ce arădenii au suferit primul eșec în actualul sezon. Gâlcă a fost în sfârșit un antrenor fericit. Echipa sa este pe locul 2 în clasament. Trebuie să felicit băieții că au făcut un meci foarte bun, mai ales prima repriză. Un joc așa cum ne-am dorit și golurile au venit în urma unor acțiuni lucrate și cea din fază fixă, și cea care a fost pe inițiere și sunt foarte satisfăcut de acest fapt și mai ales pentru atitudinea lor. Antrenorul Adrian Mihalcea a fost conștient că UTA a întâlnit un Rapid în creștere de formă. O echipă care în Giulești se transformă poate un pic și noi într-o zi mai proastă. Sâmbătă, Universitatea Cluj a învins la Clinceni revelația Unirea Slobozia, scor 1 0, prin golul lui Nistor, aflat la prima sa reusita in acest sezon. Chiar dacă a plecat cu trei puncte din deplasare, Ioan Ovidiu Sabău a fost nemulțumit de fotbaliștii care au intrat de pe bancă Printre. Jucători care le dai sarcini, comunici cu ei și dau impresia că nu vor ori că nu înțeleg și nu e normal. Echipa asta nu e o casă de binefacere, Echipa asta vrea să antreneze caractere. Oamenii astia din club ne respectă foarte mult, iar noi trebuie, când intrăm în teren. Dacă suntem deciși să dăm de cinci, dacă suntem șase, să dăm de șase. Și aici intervine educația și caracterul tău. Adică să știi că ai și drepturi și obligații. Seara, Dinamo a câștigat cu 2 la 0 în fața lui Hermannstadt, pe Arena Națională, ambele goluri marcate după pauză. Antrenorul croat Copii a fost mulțumit că Dinamo a urcat pe locul trei, după Craiova și Rapid, în timp ce antrenorul Sibiului, Marius Măldărășanu, i-a fost rușine de prestația elevilor săi din repriza a doua. La cald nu vreau să spun lucruri care să doară, dar nu îmi explic să văd așa o diferență mare din punct de vedere al jocului în prima repriză și pe urmă în a doua repriză catastrofală, fără reacție, fără să punem presiune, să încercăm să intrăm în joc chiar și la 2 0. Duminica a fost o zi cu trei partide în Superligă. Mai întâi, FC Argeș a mai obținut o victorie, 2 1 cu codașa Metaloglobus, într-un meci decis în primul sfert de oră, și a urcat pe locul patru în clasament, un loc pe care nu îl visau nici cei mai fanatici suporteri ai piteștenilor. Craiova lui Rădoi și-a întrerupt seria de victorii consecutive, 6 la număr, din campionat, iar antrenorul Universității a fost supărat de condițiile de la stadionul din Botoșani. După ce au ajuns la stadion. Vă spun sincer că a acceptat și acel 0 0 și numai să termine meciul, ca să putem să plecăm, pentru că nu am crezut că în 2025 mai poti gasi asa ceva pe un stadion in Romania. Dar în continuare viața ne oferă surprize. Mulți spun că nici măcar hârtie igienică n-au vrut să ne dea. Știam că Botoșani încearcă să joace fotbal, știam că se respectă, că oamenii de aici și politicul ajută. În plus, Rădoi a spus că egalul a fost nedrept. O partidă intensă, o partidă în care, din punctul meu de vedere, o singură echipă a fost pe teren. Din punctul meu de vedere, astă-seară am pierdut nemeritat două puncte, dar se întâmplă. Nu avem cum să ștergem acest parcurs pe care l-am avut până acum. Leo Grozavu, antrenorul Botoșaniului, a spus că și echipa sa are probleme, dar nu se plânge și că punctul obținut cu Craiova a fost un punct muncit. Nu este foarte mult acest punct. Dar este un rezultat care poate să ne dea mai multă încredere pentru viitor. Mi-aș dori să felicit băieții pentru acest punct muncit. În al doilea si nu în ultimul rand, as dori sa multumesc publicului spectator pentru atmosfera creata. Tot egal s-a terminat si și derby-ul răniților dintre CFR și FCSB. Clujenii au condus de fiecare dată, dar bucureștenii au revenit. S-a terminat 2 la 2 și ambele echipe rămân în subsolul ierarhiei din Superliga. Autorul unui gol pentru clujeni, Damian Djokovic, a spus ce i-a lipsit echipei sale pentru a câștiga. Se știe că au o echipă care mai ales cu mingea, cu posesie, e o echipă bună. Noi, fizic, nu prea. După ritmul de ultimele două luni nu prea am făcut față. Portarul FCSB-ului, Ștefan Târnovanu, a fost iritat de arbitraj. Penalty clar! Să mă ierte Dumnezeu! Ne mai întreabă oamenii de ce ne supărăm? Foarte ciudat arbitraj. În ultimele două meciuri ale etapei disputate ieri, Csikszereda a obținut al doilea punct în Superligă, după egalul 1 la1 de pe teren propriu, contra Oțelului Galați, iar la Ovidiu, Farul a învins Petrolul cu 2 la 1. Prima victorie a marinarilor după trei înfrângeri consecutive. Superliga ia o pauză de două săptămâni. Naționala va juca vineri un amical împotriva Canadei, iar peste fix o săptămână întâlnește în deplasare Cipru, în preliminariile Campionatului Mondial din 2026.
Global Investors: Foreign Investing In US Real Estate with Charles Carillo
If you think raising rent is the fastest way to boost profits, think again. In this Strategy Saturday episode, Charles Carillo breaks down why occupancy is the true backbone of multifamily performance—and why lenders, investors, and property managers track it so closely. You'll learn: Multifamily occupancy rate explained and why it matters more than rent growth What is a good occupancy rate for multifamily property (and the sweet spot investors target) The difference between physical vs. economic occupancy in multifamily investing How lenders view stabilized properties and the best occupancy rate for multifamily financing Why keeping units filled drives NOI, valuation, and financing success Related Episodes: SS237: What Is the Cost of Tenant Turnover – https://youtu.be/yuR_KXJX6nA SS240: Tenant Not Paying Rent? Do THIS Before It's Too Late - https://youtu.be/b4AkJAwedHE Subscribe for more Strategy Saturday episodes focused on multifamily investing, passive income, and building long-term wealth. Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/
Negli ultimi mesi ho capito come usare l'IA per massimizzare ciò che imparo. Si tratta di un processo talmente semplice e utile che ho deciso di condividerlo. Sono convinto che la tecnologia quando usata saggiamente possa fare davvero la differenza e questa volta siamo di fronte ad una rivoluzione assurda. Noi impariamo per tutta la vita, al di là del nostro mesiterie e di ciò che decidiamo di fare… ecco perchè questo episodio può cambiarti la vita!Clicca qui per approfondire (link attivo dalle 5:00 AM del 01/09/25) https://psinel.com/come-studio-10-volte-piu-velocemente-grazie-allintelligenza-artificiale/Sei Psicologa/o? Stiamo creando una squadra di professionisti partecipa al Sondaggio https://newmanspirit.typeform.com/to/cq3TyGC1Mindfitness è il nostro percorso gratuito per sviluppare il legame tra energia mentale e fisica. L'ho fatto insieme ad un grande professinista il dott. Valerio Rosso (medico psichiatra). Iscriviti gratis cliccando quiSe ti piace il podcast adorerai il mio Nuovo libro: “Restare in piedi in mezzo alle Onde - Manuale di gestione delle emozioni”... https://amzn.eu/d/1grjAUS- Vuoi Imparare a Meditare? Scarica Gratis Clarity: https://clarityapp.it/- Instagram: https://www.instagram.com/gennaro_romagnoli/I NOSTRI PERCORSI: https://psinel.com/corsi-online/https://lifeology.it/
What if tenant problems weren't solved with calls—but with clear expectations from day one? In this episode, I sit down again with Cory Friedman to explore the art of tenant management and how landlords can avoid most conflicts before they even start. Cory shares why detailed lease annexes and building rules are essential, how setting expectations upfront creates healthier relationships, and why responsiveness is the number one tool to de-escalate unreasonable requests. We dive into the systems behind managing over 2,000 units, from work orders to accounting, and how Kompas Property Management software was built to turn daily headaches into streamlined workflows. Cory also opens up about his entrepreneurial journey—what he's learned from failure, why he built Kompas as an operator first, and how mindset makes the difference when scaling both a company and a portfolio. Tune in to learn why tenant management is really about trust, structure, and accountability—and how the right systems can help you grow with confidence. — Tired of spreadsheets and admin headaches in your rental business? If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value. Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.
Ciao Italiani Veri,come state?Noi bene anche perché oggi siamo in compagnia di un’amica, Simona Sacrifizi, che ci conquisterà con la sua professionalità, la sua passione e il suo entusiasmo
Fabio Millevoi"Il filo a piombo del XXI secolo"10 parole per costruire un presente che ha fame di possibilitàPrefazione di Maria Chiara VociGraphe Edizioniwww.graphe.itBasta con le scuse sulla burocrazia e il caos globale. Fabio Millevoi, direttore ANCE e futurista, demolisce le false certezze del management tradizionale con Il filo a piombo del XXI secolo. Non troverete l'ennesimo manuale teorico, ma un alfabeto pratico di 10 valori intrecciati nella parola COSTRUIRE.Con linguaggio vivo e ironia pungente, Millevoi guida imprenditori e manager attraverso un percorso di consapevolezza brutalmente onesto. Il libro propone "un gioco interattivo basato sul potere del what if" per immaginare futuri alternativi, trasformando l'incertezza in opportunità strategica.Dai cantieri alle boardroom, dalle startup alle multinazionali: questo non è un libro da leggere passivamente, ma da attraversare attivamente. Per chi vuole smettere di lamentarsi del presente e iniziare a costruire il domani.No, questo non è l'ennesimo saggio sulla complessità. E no, non vi serve un master in geopolitica per leggerlo. Vi serve solo un po' di onestà e, forse, un filo di ironia.Il filo a piombo del XXI secolo non è un trattato, ma un invito. Un invito a smascherare le scuse con cui ci raccontiamo che la colpa è sempre della burocrazia, del caos globale, della società che non cambia. Forse il vero problema è un altro: non ci siamo ancora accorti di quanto siamo impreparati. Ma se lo facessimo – se ne diventassimo davvero consapevoli – potremmo iniziare a costruire qualcosa di diverso.A guidarci, un alfabeto fatto di dieci parole-valori intrecciate nella parola COSTRUIRE. Un filo a piombo, sì, ma non per riportarci in riga. Per aiutarci a trovare il nostro centro, in mezzo alla confusione.Con un linguaggio vivo, un dialogo aperto con accademici, imprenditori e innovatori, e un gioco interattivo basato sul potere del what if, questo libro ci accompagna a immaginare futuri alternativi. E soprattutto a fare pace con l'idea che il futuro non è già scritto: si scrive, passo dopo passo. Anche storti, ma verso qualcosa.Non si legge. Si attraversa. E se cercavate un manuale per salvarvi dal mondo, avete sbagliato scaffale.Fabio Millevoi, nasce a Trieste, città dallo sguardo presbite, nel 1958. Direttore di ANCE Friuli Venezia Giulia per professione e futurista per necessità. Consegue a Trieste la laurea in giurisprudenza e a Trento il Master in previsione sociale presso il Dipartimento di Sociologia. Docente a contratto in Futures studies e Sistemi anticipanti, presso il Dipartimento di Ingegneria e Architettura dell'Università di Trieste. Co-founder di AFI, Associazione Futuristi Italiani e di “Noi di Spoiler”. Vice Presidente di INARCH Triveneto. Ideatore e responsabile del Laboratorio dell'immaginazione delle Costruzioni Future (LICoF) promosso da ANCE FVG e da Area Science Park Ente Nazionale di ricerca e realizzato nell'ambito delle attività di “Cantiere 4.0” Chiamato alla III International Conference on Anticipation, tenutasi a Oslo nell'ottobre 2019, per illustrare il suo project work “Questa casa non è un albergo. E se lo fosse?”. Autore della teoria CASA, acrostico di Creatività, Attrattività, Sensibilità, Azienda. Con Graphe.it ha pubblicato la Breve storia sui futuri della casa (2023).IL POSTO DELLE PAROLEascoltare fa pensarewww.ilpostodelleparole.itDiventa un supporter di questo podcast: https://www.spreaker.com/podcast/il-posto-delle-parole--1487855/support.
In this master class, we break down the power of Net Operating Income (NOI)—the single most important metric in multifamily investing. Learn how a small tweak to your NOI can lead to massive equity gains, stronger cash flow, and smarter decision-making.You'll discover:Why NOI is the lifeblood of multifamily investingHow to calculate NOI step-by-stepHow NOI drives property value, cash flow, and long-term wealth.Strategies to optimize your NOI and maximize returnsThe dangers of mismanagement and how it can cost you
This is bhakti, how The Lord can become one's little child and drink breast milk from the mother. And our ācāryas say, "Yes, Nanda Mahārāja was very fortunate. He became the father of Kṛṣṇa, but Yaśodā is the most fortunate because Kṛṣṇa never left her. He was with her 24 hours a day as a child. No one was closer to Kṛṣṇa than Yaśodā." In the same section of the Bhāgavatam, we hear the admonition that was much repeated by Śrī Caitanya Mahāprabhu and His teachings. When He went to South India, He talked to Veṅkaṭa Bhaṭṭa. Veṅkaṭa Bhaṭṭa was in the Rāmānuja-sampradāya, the Śrī-Sampradāya, and they were having a discussion—Lord Caitanya Mahāprabhu and Veṅkaṭa Bhaṭṭa, the great ācārya there. Śrī Caitanya Mahāprabhu was telling him, "Actually, Kṛṣṇa is the Supreme Personality of Godhead, you worship as Lord Nārāyaṇa." So Veṅkaṭa wanted to know, "Well, how can you say He's the Supreme Personality of Godhead?" And Caitanya Mahāprabhu asked him, "How is it that the consort of Lord Nārāyaṇa came to Vṛndāvana and performed severe austerities to enter into the rāsa dance?" And Veṅkaṭa Bhaṭṭa said, "You please tell me." It's because the quality of devotion in Vṛndāvana is topmost. There is no more intimate relationship between Kṛṣṇa and His devotees than in Śrī Vṛndāvana, and of all the devotees, Mother Yaśodā has the most intimate connection with Kṛṣṇa in His childhood. And therefore Śukadeva Gosvāmī says: "nāyaṁ sukhāpo bhagavān dehināṁ gopikā-sutaḥ jñānināṁ cātma-bhūtānāṁ yathā bhaktimatām iha (SB 10.9.21)." And this is the verse quoted by Śrī Caitanya Mahāprabhu to Veṅkaṭa Bhaṭṭa from the Śrīmad Bhāgavatam. There are many approaches. One may try to cultivate knowledge to understand God; one may perform yoga, haṭha Yoga, aṣṭāṅga Yoga; one may be a karmī, trying to position oneself in the material world in such a way as to have the best of everything. And Śukadev says, "None of these ways will attract Kṛṣṇa. Only simple bhakti will. "Nāyaṁ sukhāpo bhagavān dehināṁ gopikā-sutaḥ jñānināṁ cātma-bhūtānāṁ yathā bhaktimatām iha." In this world, only by bhakti, following in the footsteps of the residents of Vṛndāvana,... This is later written by Rūpa Gosvāmī, the process of devotional service: "tan-nāma-rūpa-caritādi-sukīrtanānu- smṛtyoḥ krameṇa rasanā-manasī niyojya tiṣṭhan vraje tad-anurāgī-janānugāmī kālaṁ nayed akhilaṁ ity upadeśa-sāram (NOI 8)." He said, "This is the essence of all advice. One should take to the practice of hearing, chanting, and remembering, etc. Śravaṇam, kīrtanaṁ Viṣṇu, smaraṇaṁ, pāda-sevanaṁ, arcanaṁ, vandanaṁ, dāsyaṁ, sakhyaṁ, ātma-nivedanam —the nine processes of devotional service continuously. Then one will come to appreciate the devotional service of the residents of Vṛndāvana." And when one develops this appreciation for the devotion of the devotees in Vṛndāvana, one may become intrigued by that. This is the beginning of one's relationship with Kṛṣṇa in a particular mood. This cannot be artificially stimulated. It comes only by copious hearing over many lifetimes to come to this position of bhakti. ------------------------------------------------------------ To connect with His Grace Vaiśeṣika Dāsa, please visit https://www.fanthespark.com/next-steps/ask-vaisesika-dasa/ ------------------------------------------------------------ Add to your wisdom literature collection: https://iskconsv.com/book-store/ https://www.bbtacademic.com/books/ https://thefourquestionsbook.com/ ------------------------------------------------------------
When the multifamily market started showing cracks, Cyndi Peach pivoted—right into strip malls. With more than a decade of experience, she's mastered the art of finding overlooked retail centers in secondary markets and turning them into high-performing investments. In this episode, Cyndi shares why she shifted from multifamily to retail, how she optimizes underperforming properties, and why a good tenant mix is critical for long-term success. She also walks us through a couple of real-life deals—showing how small improvements and strategic leasing can dramatically boost a property's NOI and value. Whether you're a seasoned investor or exploring alternatives to apartments, you'll discover why strip centers can offer stability, built-in appreciation, and consistent returns—even in shifting markets. What You'll Learn in This Episode: How retail strip centers compare to multifamily in stability and income potential Cyndi's process for finding and acquiring off-market deals Lease optimization strategies to boost NOI without rent hikes Why tenant mix is more important than you think Creative marketing ideas to fill vacancies faster - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/
What if the housing crisis wasn't just about supply—but about outdated policies holding us back? In this episode, I unpack the latest OECD report on Canada and what it reveals about housing affordability. From skyrocketing rents and home prices to stagnant incomes, the report paints a sobering picture of why so many Canadians feel locked out of the market. But it also points to solutions we can act on right now. We dive into zoning barriers, labor shortages, and rising material costs that make development slower and more expensive. I break down why Canada's share of social housing has fallen so sharply, how tax incentives can fuel speculation, and why reforming permitting and supporting construction innovation could be game changers. We also look at lessons from other countries and what coordinated action across all levels of government might look like. Tune in to hear the real story behind Canada's housing affordability challenge—and what needs to change if we want to make homes accessible again. — Read the OECD report here: https://www.oecd.org/en/publications/2025/05/oecd-economic-surveys-canada-2025_ee18a269 — Tired of spreadsheets and admin headaches in your rental business? If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value. Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.
Il verbo PIACERE è uno dei verbi più particolari e complessi della lingua italiana, spesso fonte di confusione per gli studenti stranieri. A differenza dei verbi tradizionali, PIACERE ha una struttura grammaticale invertita che richiede una comprensione speciale del suo funzionamento. Questa guida completa ti aiuterà a padroneggiare completamente questo verbo fondamentale e gli altri verbi che si comportano come lui. Il Verbo PIACERE e simili: Guida per Usarli Correttamente La Struttura Particolare del Verbo PIACERE Il verbo PIACERE funziona in modo completamente diverso rispetto ai verbi normali italiani. Mentre i verbi tradizionali seguono la struttura Soggetto + Verbo + Oggetto Diretto, il verbo PIACERE utilizza la struttura Soggetto + Verbo + Oggetto Indiretto. Confronto tra strutture: • Verbo normale: "Io (soggetto) mangio (verbo) la pizza (oggetto diretto)"• Verbo PIACERE: "La pizza (soggetto) piace (verbo) a me (oggetto indiretto)" Questa particolarità rende PIACERE un verbo di percezione e sensazione che descrive un'emozione che qualcosa o qualcuno provoca in una persona. La persona non compie un'azione diretta, ma è il destinatario di un sentimento di piacere provocato da qualcos'altro. I Pronomi di Oggetto Indiretto con PIACERE Il verbo PIACERE richiede sempre l'uso di pronomi di oggetto indiretto o della preposizione "A" per indicare chi "riceve" il piacere. I pronomi "mi, ti, gli..." sostituiscono le forme complete "a me, a te, a lui" e rendono la comunicazione più fluida e naturale. Tabella completa dei pronomi: • MI piace = piace A ME (prima persona singolare)• TI piace = piace A TE (seconda persona singolare)• GLI piace = piace A LUI (terza persona singolare maschile)• LE piace = piace A LEI (terza persona singolare femminile)• CI piace = piace A NOI (prima persona plurale)• VI piace = piace A VOI (seconda persona plurale)• GLI piace = piace A LORO (terza persona plurale) Esempi pratici: • "Mi piace il caffè" = "Il caffè piace a me" • "Ti piacciono i libri" = "I libri piacciono a te" • "Gli piace la musica" = "La musica piace a lui" L'Uso con Nomi Propri e la Preposizione A Quando il destinatario del piacere è espresso con un nome proprio o un sostantivo, è invece obbligatorio utilizzare la preposizione "A". Questa regola è fondamentale per la correttezza grammaticale. Esempi con nomi propri: • "La pizza piace a Maria" ✓ • "Maria piace la pizza" ✗ • "A Paolo piacciono i dolci" ✓ • "Paolo piacciono i dolci" ✗ Esempi con sostantivi: • "Il calcio piace ai ragazzi" • "La musica classica piace agli anziani" • "I videogiochi piacciono ai bambini" Esistono solo PIACE e PIACCIONO? Il verbo PIACERE si accorda sempre con il soggetto grammaticale (quello che provoca il piacere), non con la persona che riceve l'emozione (oggetto indiretto). Però attenzione: il verbo PIACERE può essere coniugato in tutte le persone! Dipende solo a chi (o cosa) causa il piacere. PIACE (terza persona singolare): • Si usa quando il soggetto è singolare • "Mi piace il gelato" (un gelato) • "Ti piace questa canzone" (una canzone) • "Gli piace cucinare" (un'attività - infinito) PIACCIONO (terza persona plurale): • Si usa quando il soggetto è plurale • "Mi piacciono i gelati" (più gelati) • "Ti piacciono queste canzoni" (più canzoni) • "Gli piacciono i film" (più film) Ma anche... Mi piaci tu. Davvero ti piaccio io? Voi, miei cari LearnAmici, mi piacete tantissimo. Il Verbo PIACERE nei Tempi Composti Nei tempi composti, il verbo PIACERE utilizza sempre l'ausiliare ESSERE e il participio passato si accorda con il soggetto grammaticale (quello che provoca il piacere). Questa regola è essenziale per formare correttamente passato prossimo, trapassato prossimo e altri tempi composti. Passato Prossimo: • "Mi è piaciuto il film" (un film - maschile singolare) • "Mi è piaciuta la pizza" (una pizza - femminile singolare)
Owning a stock and owning real estate both give you equity, but they do not mean the same thing. In this episode, Jeannette Friedrich explores the key terms that define each asset class and explains why thinking like an owner makes all the difference. Key Takeaways: - Asset vs. Security: Why real estate investors think like owners, while stock investors hold securities with little direct influence. - Cash Flow vs. Dividends: How real estate distributions provide more transparency and predictability compared to corporate dividend policies. - Equity Structures: The role of preferred equity and capital stack positioning in real estate versus standardised equity in stocks. - Appreciation Drivers: The difference between stock market volatility and real estate's ability to “force” appreciation through NOI growth. - Liquidity Trade-Offs: Stock investments offer quick exits, while real estate enforces discipline through long-term commitments. - Tax Advantages: Why real estate's depreciation strategies provide unique benefits that cannot be replicated in the stock market. Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose *
Connect with me at https://experimentrealestate.com/connectGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In this high-impact episode of In The Lab, Ruben sits down with Brandon Rickman, an Atlanta-based investor, entrepreneur, and general contractor who has flipped over 500 houses, developed 100 new-construction single-family homes, and built vertically integrated businesses spanning private lending, self-storage, and consumer products. With over 25 years in real estate, Brandon shares how his career evolved from flipping houses to raising private capital for large-scale developments—including a three-story, Class A self-storage facility outside Atlanta.Brandon opens up about the peaks and valleys of entrepreneurship, from multi-million-dollar exits in the consumer products world to surviving the 2008 market crash when banks abruptly called his loans. He reveals the data-driven criteria he uses to reverse-engineer self-storage projects for REIT buyers, the add-on revenue strategies that maximize NOI, and why private lending has become a major growth focus.If you're looking for a transparent blueprint to scaling across multiple real estate verticals while building resilience through challenges, this conversation is packed with insights on strategy, mindset, and execution.HIGHLIGHTS OF THE EPISODE:14:46 Brandon talks about self-storage investment strategy44:55 Brandon talks about entrepreneurial resilience and scaling across multiple real estate verticalsKEEPING IT REAL:05:20 – Why self-storage is Brandon's top focus today06:47 – How syndication works for self-storage investors10:04 – Understanding demand: square footage per capita and site selection data14:46 – Reverse-engineering self-storage for REIT buyers17:47 – Pricing power and tenant retention in self-storage22:05 – Increasing NOI through add-on services and rentals26:27 – Automated vs. manned self-storage operations30:08 – From consumer products to multi-million-dollar exits44:51 – Surviving the 2008 market crash and negotiating with banks59:22 – Big wins: high-margin flips, 7-figure syndication potential, and legacy deals1:10:08 – Building a $20M/year private lending business1:14:10 – Advice for 20-year-old entrepreneurs CONNECT WITH THE GUESTLinkedIn: https://www.linkedin.com/in/brandon-rickman-9885a22/Instagram: https://www.instagram.com/brandonrickman08/Youtube: https://www.youtube.com/channel/UCfQGTzF6JvH4qqT_V8Lx2cw#RealEstateInvesting #SelfStorage #EntrepreneurMindset #PrivateLending #FlippingHouses #ResilientEntrepreneur #CommercialRealEstate #BusinessGrowth #REITStrategy #FinancialFreedom
On this episode of Multifamily Mastery, John Casmon interviews Zach Winner, a former attorney turned full-time real estate investor who shares how he transitioned from single-family rentals to large-scale commercial real estate. Zach breaks down his "Value Add Plus" strategy, which focuses on buying newer properties from developers and increasing NOI through underutilized revenue streams and advantageous tax incentives, rather than heavy capex renovations. He emphasizes the importance of landlord-friendly markets and reveals some of the 25 metrics his team uses to vet markets—like the presence of STEM jobs and evolving tenant laws. The conversation also touches on 1031 exchanges, a little-known 1245 exchange tactic, and the steady returns found in Midwest markets. Zach Winner Current Role: Managing Partner at Prosperity CRE Based in: Los Angeles, CA Say hi to them at: zw@prosperitycre.com LinkedIn Visit investwithsunrise.com to learn more about investment opportunities. Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Dave Dubeau sits down with seasoned real estate investor Jorge Abreu, the mastermind behind Elevate Commercial Investment Group. With over 5,000 multifamily units under his belt, Jorge shares his journey from house flipping to managing Class A apartment complexes with smart, profitable value-add strategies. You'll hear how Jorge has taken his renovation background and applied it to larger multifamily deals—adding things like backyards and carports to boost NOI, managing properties in-house, and creatively increasing income through bulk internet services. The conversation also covers: Jorge's transition from Class C to Class A multifamily properties Innovative value-add strategies that go beyond renovations In-house property management and regional oversight Smart capital-raising tactics in a cautious investor market Why meetups and in-person networking build stronger investor confidence What Jorge sees ahead in 2025 for multifamily opportunities - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/
What if the most expensive mistake in real estate wasn't the deal you lost—but the one you closed too quickly? In this episode, I dive into the due diligence process and why it's the single most important step before committing to any investment. We unpack the financial, legal, physical, and market checks that protect you from surprises, and how overlooking even one detail can turn a promising property into a liability. I break down the common mistakes investors make—like trusting listing rents, skipping environmental checks, or underestimating municipal requirements—and share how to approach due diligence as more than just paperwork. With the right team, the right questions, and a systematic approach, it becomes your best risk management tool. Tune in to learn how mastering due diligence can save you money, protect your deals, and give you the confidence to move forward with clarity. — Tired of spreadsheets and admin headaches in your rental business? If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value. Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.
Things Discussed: What kind of offense should Michigan be? They're really built to be a 1990s team: strong TEs and FBs, run-blocking OL, big-armed quarterback who doesn't have to make super-hard reads. Chip Lindsey is a balance guy, not a screen guy. He comes in, looks at what you're doing, and builds a functional passing game around it. What does that look like this year? Their base two plays can be the stuff that worked for 1997 Michigan/Kirk Ferentz: Run off-tackle to one side and rollout flood passes with a side of Bryce running out the other way, and some screens and play-action deep shots to keep them honest. The Left Tackle conundrum. Seth says it's Evan Link until Andrew Babalola is ready, Sam says don't count on that, but it sounds like that would be a mistake—shades of the 2017 tackle problem when their best player at RT was Juwan Bushell-Beatty but he couldn't pass-protect, and instead of changing what they do around that they went with Nolan Ulizio to start the season. They don't look like a run-first team in practice, says Sam. Well, they're probably having to practice passing a lot. Remember you can have a 400% increase in passing from last year and still barely hit their 2021 level. Sometimes you gotta be you and let the cards fall where they may. News hits mid-show that Michigan will receive their NOI tomorrow. Expectations? Brian: removing wins etc. is off the table. There will be a show-cause for Harbaugh and Stalions because they refused to participate—Harbaugh probably has a lot of unread text messages. Guessing a two-game suspension (which games?) for Sherrone because all they really have on Michigan is the “deleted texts” that he apparently retrieved immediately from an image. The math here is Michigan didn't really do anything. They had a signs guy; everyone had signs guys. They scouted Georgia; Georgia wasn't on the schedule. The NCAA needs to make it look as big as possible but they really aren't working with much because Michigan didn't cheat, Michigan didn't harm anybody, and Michigan didn't cover it up. So the NCAA will absolutely maximize the infinitesimal infractions: completely ignore any time served from the Big Ten's overreaction in 2023, punish Harbaugh for not being present, yeet Stalions, fine Michigan because money isn't real, and penalize Sherrone for the appearance of hiding evidence. Ohio State will be mad because this was their show from the start and they didn't get the lynching they wanted, but even when the NCAA is doing their best to be as unjust towards Michigan as possible, but Michigan really didn't give them anything to work with.
Join an active community of RE investors here: https://linktr.ee/gabepetersenWHY SHOPPING CENTERS CRUSH OTHER COMMERCIAL REAL ESTATE TODAYDiscover the shocking truth about shopping center investing with Andy Weiner from Rockstep Capital!
Hey everyone, If you've been following me for any length of time, you already know that I believe real estate is the single greatest wealth-building tool available to everyday investors like you and me. (Although, I'll admit, Bitcoin is making a strong case to be in that conversation.) But every once in a while, it's worth stepping back and asking: Why has real estate created more millionaires than any other asset class—and why do the ultra-wealthy keep buying it, decade after decade? It comes down to a unique stack of advantages that you simply can't replicate anywhere else: Leverage: Real estate is one of the few investments where banks are eager to give you money to buy an appreciating asset. You put down a fraction of the purchase price and control 100% of the property—and 100% of the upside. Leverage can be a double-edged sword in down markets, but it remains the most powerful tool in the arsenal of the rich. Other People's Money: Every month, your tenants pay rent that covers your mortgage and builds your equity. Essentially, they're buying the property for you. Appreciation (Natural and Forced): Over time, rents and property values generally trend upward. But here's the thing—you can force appreciation by raising rents, cutting costs, and improving operations. On properties over four units, these improvements increase net operating income (NOI), which directly determines the property's market value. That's how sophisticated investors manufacture wealth on demand. Tax Advantages (The Secret Weapon): The IRS lets you deduct a portion of your property's value each year—depreciation—even while the property itself often climbs in value. Now, here's where things get truly magical: cost segregation combined with 100% bonus depreciation. These strategies let you front-load those tax deductions, often allowing you to write off a massive portion of your investment in the first year. For example, let's say you buy a property for $1 million and put down $300K. With a proper cost segregation study and bonus depreciation, you might receive a K-1 showing a $300K loss that same year. That's a paper loss offsetting your taxable income—meaning money that would've gone to the IRS is now working to build your wealth instead. And with Congress reinstating 100% bonus depreciation, this playbook for savvy investors is back at full strength. If you think about it, upfront tax savings alone can turbocharge your returns before you've even collected your first rent check. This week on Wealth Formula Podcast, I sit down with Gian Pazzia, chairman and chief strategy officer at KBKG, to pull back the curtain on cost segregation and bonus depreciation. We'll dig into: How cost segregation really works—and when to use it. How passive investors and short-term rental owners can take advantage of it. What to know about recapture taxes, 1031 exchanges, and long-term planning. If you've ever wondered how sophisticated investors legally shelter huge amounts of income while building massive wealth, this episode gives you the inside track. P.S. If you want access to the “Do it Yourself” Cost Segregation tool mentioned in this podcast, you can access it HERE. Use the code FORMULAPROMO to get 10% off.
In this episode, I sit down with David Hilu, founder of Emporium Auto Lease and one of South Florida's top leasing experts, to uncover the truth about the car industry. We dive deep into: • Leasing vs. buying – which is really better for you • How to avoid common car‑leasing scams • Tips to save thousands on your next lease • Insider industry secrets most dealerships won't tell youWhether you're in the market for your first car or your next upgrade, this conversation will arm you with the knowledge you need to make a smart deal.
This episode is brought to you by [https://www.ElevateOS.com](https://www.elevateos.com/) —the only all-in-one community operating system.Looking for a silver bullet to boost NOI?It's not PropTech.It's not bonuses.It's not commissions.In this episode, Mike Brewer shares the real secret behind lasting operational success: habits, disciplines, and routines. That's it. Boring? Maybe. Effective? Without a doubt.Here's what you'll take away:Why the most profitable properties are boring on purposeHow lazy leadership kills value with short-term bribesWhat it means to codify and measure habitsWhy “throwing money at problems” undermines your team and your NOIHow to reward performance the right way—through thoughtful, intentional systemsIf you're in this business to create value—not chaos—this one's for you.
This episode is brought to you by [https://www.ElevateOS.com](https://www.elevateos.com/) —the only all-in-one community operating system.Looking for a silver bullet to boost NOI?It's not PropTech.It's not bonuses.It's not commissions.In this episode, Mike Brewer shares the real secret behind lasting operational success: habits, disciplines, and routines. That's it. Boring? Maybe. Effective? Without a doubt.Here's what you'll take away:Why the most profitable properties are boring on purposeHow lazy leadership kills value with short-term bribesWhat it means to codify and measure habitsWhy “throwing money at problems” undermines your team and your NOIHow to reward performance the right way—through thoughtful, intentional systemsIf you're in this business to create value—not chaos—this one's for you.
Calm on the Surface, Distress Below: Joe Blackbourn on the State of Sunbelt Multifamily The Eye of the Storm? When my podcast guest this week, Joe Blackbourn, president and founder of Everest Holdings, stepped in front of a room of ULI members in late 2024, he titled his multifamily market forecast “An Underdressed Weatherman Gets Sent Into a Hurricane.” The image was evocative – and accurate. Multifamily investors, developers, and lenders had been navigating gale-force winds of rising rates, inflation shocks, and structural cost resets. And yet, as Blackbourn noted in my conversation with him, today the industry still appears eerily calm. “There's a lot of stormy weather on the horizon, and, like a hurricane, we don't know quite where it's going to land or how bad it's going to be.” The Invisible Cost of ‘Calm' Core inflation may be retreating, but the real story, Blackbourn argues, is not about the rate of change. It's about the baseline shift. “Even if we're at just over 2% now, it's still a 30% increase in a very short period of time,” he said, referring to food prices, but with implications for housing as well. Home prices in many U.S. markets, particularly across the Sunbelt, have surged by 30–50% since 2020. That repricing is likely to stick. “It's really difficult to give that pricing back,” he added. “Short of some real economic calamity, the best we can manage is slower growth, not a decline in consumer pricing.” That same principle is locking up real estate deals. Rent growth has slowed, but operating expenses have not. The result is compressed margins, sluggish NOI, and a widespread inability to transact or refinance. Multifamily: Where Distress Hides Quietly On paper, the multifamily sector looks surprisingly stable. Cap rates for high-quality assets remain in the 5.0%–5.25% range, and transaction volume is beginning to pick up in select markets. But beneath the surface, stress is mounting. “There's a lot of stress at the balance sheet level,” said Blackbourn. “And it's not being helped by property-level performance.” In many Sunbelt markets, especially those with pandemic-era construction booms, organic NOI growth is flat or negative. Rent collection is delayed, staffing is inconsistent, and delinquencies are rising. “We're seeing situations where it's taking all month to get the rents collected,” he noted. “You'd be at the 15th of the month with less than 50% of rents in the door.” Yet distress sales remain rare. Why? Blackbourn offers two reasons: Lender tactics: Debt funds are “hope-certificating” properties, granting extensions, persuading sponsors to inject capital, and delaying the inevitable. Human psychology: “There's a survival instinct at work,” he observed. “People will do whatever they can to stay in the game.” What Keeps Deals Frozen? Everyone is waiting. Borrowers, lenders, and investors are all betting on falling interest rates to solve their problems. But Blackbourn remains skeptical. “I don't think it's inevitable that rates come down,” he said. “And yet, it's within the debt fund's interest to persuade borrowers that they will.” Many current valuations are premised on that hope. But even if rates do drop, the bid-ask spread remains wide. In his words, “It feels like this really taut balloon; fragile.” Why Aren't Cap Rates Rising Faster? One of the stranger dynamics in today's market is that cap rates haven't risen much, despite the Fed holding policy rates above 5%. High-quality assets are still trading at 5%–5.25% caps. How is that possible? “If you have the right basis, you can sell into that,” Blackbourn explained. “The pricing for high-quality assets hasn't jumped that much.” But for vintage assets, pricing capitulation is coming. Lenders are forcing assets to market when no other solutions are viable. And while buyers are circling, few are pouncing. Supply, Demand, and the Surprise of Absorption Another surprise: absorption is holding up remarkably well. “We're seeing absorption that's about keeping up with supply,” Blackbourn noted. “In some markets, we're about to hit the point where we're absorbing more units than we're adding.” This matters. Historically, once net absorption overtakes new deliveries, rents begin to recover, often before occupancy hits 95%. And that could happen sooner than expected in markets like Phoenix. “We're modeling that inflection point this year,” he said. But again, bifurcation matters. New Class A developments are attracting high-income renters, people who once would have bought homes. Meanwhile, vintage B and C properties are seeing tenants who are increasingly rent-burdened. “In new projects, we're seeing a higher-income demographic than we've ever seen,” said Blackbourn. “But in older assets, collections are way down. Rents are up 30%, but incomes aren't.” The Forecast: Q3 and Q4 2025 Looking ahead to the rest of the year, Blackbourn sees a mixed bag. More volume is expected from both opportunistic buyers and forced sellers. Permits are collapsing, setting up an eventual rebound in pricing power. Selective outperformers will emerge in submarkets with favorable rent-to-income ratios. “We could see surprising outperformance in the asset class sooner than people think,” he said. “But it will be bifurcated by quality, by tenant income, and by geography.” In short, the underdressed weatherman may not be in the eye of the storm just yet – but the wind is shifting.
Target Market Insights: Multifamily Real Estate Marketing Tips
Kylan Yarbrough began his journey in multifamily real estate at just 17 years old. By 19, he had already advanced to regional property manager, and today he brings an owner-operator mindset to his 195 multifamily units. With a background rooted in ground-level operations and a passion for improving communities, Kylan is also developing property management software to bridge the communication gap between owners and operators.