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Jason Williams built his underwriting system so a user could import a rent roll and T12, push a button, and have about 90 percent of the work completed. Then the Excel model became so complex that sharing it with other people created a new problem. Jason explains how that frustration led him to cr…
A tax lien purchase does not always lead to a property. For Jim Tannehill, that is part of the model. Jim and his team may evaluate hundreds of properties before an annual tax sale. They narrow those properties down, set maximum bids, purchase tax liens, and then wait through the redemption period…
Iron Ridge Capital went more than three years without buying a property because the deals did not make sense. That choice was not always popular with investors who wanted another opportunity. But Erik Nordstrom and Erik Strom had already lived through a major real estate correction. They knew what…
Chris Wise is not looking for the largest apartment buildings in the market. He is focused on a smaller Class C multifamily range that he believes often sits between large institutions and smaller local owners. Expanded Description Chris and his team focus mainly on 20 to 60 unit Class C propertie…
A shelter is not always the final stop before someone gets permanent housing. Felicia Edelman says many people need a middle ground first. Felicia and her husband have operated transitional shared housing in South Los Angeles since January 2010. Their residents include men coming from jails, priso…
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