The government’s rules give more leeway to funds and businesses looking to invest in distressed areas nationwide. The government released its long-awaited and latest set of Opportunity Zone regulations Wednesday, hoping to provide investors who have been on the fence with the clarity needed to begin developing projects in distressed areas nationwide. Under the law, […]
Are your employees stealing from you?
Are you sure? Fraudulent activity from employees can occur in a number of ways and have severe financial implications for multifamily owners and managers. To stay ahead of the game, you must analyze your policies and procedures, have more than one person watching the books and keep your eyes open for any red flags such […]
Oregon was such a nice place. Rent Control is going to ruin it.
Today, the Oregon State House passed SB 608, a bill that creates a new statewide rent control law. The measure now goes to Governor Kate Brown’s desk, where she is likely to sign the bill into law. The liberal legislators in Oregon don’t understand basic economics and this legislation will only exacerbate the situation they […]
Lessons from Groundhog Day: An Invitation to Transform
February 2 is approaching, and that means thousands of Americans will watch a rodent in a tree stump to see if it can predict a longer or shorter winter. Of course, I’m talking about Groundhog Day, when Punxsutawney Phil looks to possibly see his shadow to let people know if there will be six more […]
Could Opportunity Zones Be Right For You?
Last week, I spent a day sharing my experiences working in Opportunity Zones with more than 400 of my closest friends. Gathered at a conference in Las Vegas organized by the Federal Reserve Bank of San Francisco, the Nevada Governor’s Office of Economic Development and the State Department of Business and Industry, the group was […]
Bohemian Rhapsody: Learning to Turn Weakness Into Strength
Released less than a month ago, Bohemian Rhapsody, the story of Freddie Mercury and the band Queen, is already the highest grossing music biopic movie in history. And while Mercury was an amazing singer, it’s his strong business acumen that I most often remember. The man’s mind focused on solving problems, capitalizing on opportunities, and […]
What we can learn about branding from Chip & Joanna Gaines
I recently visited Magnolia Market in Waco Texas, the home & lifestyle store that supports multiple lifestyle brands by Chip & Joanna Gaines of HGTV’s Fixer Upper show, among many ventures. Chip and Joanna are beloved lifestyle entrepreneurs, with a home improvement empire that includes the Market, Magnolia Homes, books, the Hearth & Hand line […]
Owners, Start Your New Firms
I spent last week in Texas, ultimately at the Texas Multifamily Summit in Austin. It was a great experience. As I moderated the panel, it was surprising how fast the trend of multifamily property owners creating their own firms was spreading. The panel included Richard Fishman, founder of ValCap Group in Dallas and Jason Cohen […]
It’s Only A Crazy Dream Until You Do It.
Serena Williams is now just a few matches away from potentially winning her seventh U.S. Open. She is an extremely talented athlete who has trained from her youth with the goal to play professional tennis. Last week, I saw this video featuring Serena and loved it. Nike released the video last week at the start of […]
Podcast Describes Ascent Multifamily Accounting
Mike Ballard is interviewed by Mark Jensen, Executive Vice President of Investment Sales with Colliers International based in Salt Lake City, for this podcast. Click here to learn how outsourced accounting works, hear case studies, and understand the benefits.
