One FTX executive vomited when he learned that the crypto exchange was missing billions of dollars of customer money. A company lawyer quit via a harsh text message to then-Chief Executive Sam Bankman-Fried. A top salesman who had bet big on FTX equity saw most of his wealth evaporate overnight. https://www.wsj.com/articles/ftxs-collapse-leaves-employees-sick-with-anger-11668603708
https://f.tlcollect.com/fr2/222/78495/3Q22_US_Multifamily_Capital_Markets_Report.pdf We are not in a recession… yet. Great report by Newmark, so much good information here.
Due diligence in acquiring a multifamily asset is sometimes more art than science. Ask any multifamily broker, and they will tell you the multitude of strategies regarding the processes of due diligence that different investors use. At a minimum, due diligence should include a financial review, lease audit, certificate of occupancy status check, contract review […]
Interview of Amy Tiemann, CEO of TM1 Properties regarding the challenges of multifamily real estate investing. Click below to listen to the interview! https://myersmethods.buzzsprout.com/971563/5332078-down-to-20-occupancy-amy-tiemann
Amy Tiemann is a multi-family investor and consultant, and President of TM1 Properties. She was recently featured in Forbes, with a piece on due diligence in multifamily investing. In the below interview we get to know Amy, her whirlwind journey into real estate investing and property management, and her views on proptech and importance of proactive maintenance. […]
Amy’s first multifamily investment was in 2010. Amy and her husband became active in multifamily investing and real estate investing, while managing their construction business. By 2017 Amy went out on her own. With decades of experience in the real estate industry, Amy brings a well rounded perspective to the company. A graduate in Organizational Leadership from Purdue University, Amy is able to collaborate cross functionally in order to bring an unrivaled service level to her properties.