By LelandMont May 08, 2017
Dave is a tenant representative, meaning he works for the client, not a landlord trying to lease space. Whether you're a small business looking for new office space, or a larger building trying to get the best renegotiation on an existing lease, Dave knows all the wrinkles, and how to set you up in a competitive bidding process. ...read more
By KarenPiasecki526 April 14, 2016
The Property Group's staff members are extremely professional. While on the board I developed a strong professional relationship with Jackie and could always count on her for assistance with a myriad of issues. ...read more
By denniss970 March 09, 2016
As a resident of Regency at Ridgefield, I have personally been very impressed with Chris Buccieri’s general knowledge and work ethic. He enjoys an excellent rapport with both the Board and the residents, and is always very responsive to both. On the rare occasions when I needed to reach Chris directly he usually responded within ten minutes! I recently had to interface directly with Chris on some proposed recommendations and he was a valuable asset in getting them accepted and implemented in a timely manner . As a retired executive, I firmly believe that a company is only as good as the people they employ . This is a credit to The Property Group, and Chris in particular. For example, I recently noticed what appeared to be some water damage remediation activity going on at one of our units and I called Chris to make him aware of it. Needless to say, he was already on site addressing the problem in person. I’m so pleased that Chris is our Property Manager at Regency at Ridgefield. ...read more
Real estate might be one of the most promising investment options. It gives you the opportunity to benefit from ongoing passive income through rent and long-term capital gains through value appreciation. However, the real estate market efficiency is far from being optimal. Low liquidity can overshadow the advantages this asset class offers. Nowadays the properties and their sizes are predefined by construction companies, leaving investors with almost no flexibility. The units are indivisible which increases the minimum investment amount. To add a new asset to a portfolio, one has to purchase an entire property. As a result, smaller players are left out and diversification becomes challenging. Other sources of inefficiency include paperwork and slow payments. Every transaction requires middlemen and thorough checks of information to confirm accuracy. The process of collecting the documents from multiple parties and agencies is often lengthy and frustrating. Then there are banks that take days to process a money transfer, especially when large sums are involved. As a result, settlements might be hard and costly to achieve. There were multiple attempts to improve market conditions and real estate liquidity. One of the most recent solutions is tokenization. To put it simply, tokenization enables the transition of record keeping and accounting from paper to an entirely digital form. A token, therefore, is a digital unit of account implemented to reflect a user’s balance in regards to a corresponding asset, and to prove the ownership of that asset. From the legal standpoint, a tokenization platform is not too different from a regular paper record in the sense that it provides a way to register legal titles and property rights. However, thanks to its digital nature, it also offers a way to quickly transfer these rights in a secure manner. Blockchain is the technology that makes this improvement possible. As a type of a distributed ledger — a decentralized database — it offers a new way of storing and synchronizing information between parties. When someone decides to tokenize real estate, they provide relevant documentation to a tokenization company that performs a check of title, mortgages, financial projections, etc. From then on, the information in regards to this asset will be available on the platform. Other users will be able to check such factors as the location, size, type of the building, floor plan, as well as supporting legal documents. This simplifies and automates future transactions, as the paperwork only has to be done once — when tokenization is initiated. Investors will be able to make informed decisions and compare multiple properties online, without the need to physically check the real estate. Since everyone on the platform has access to the same real-time data, the problem of asymmetric information disappears. Moreover, the records on blockchain are immutable by nature. Therefore, you can add a new “block” but you cannot change an existing one, making the history of transactions and changes transparent. For instance, transferring an asset from one user to another will create a new record with an updated token owner but it will always be possible to check who held this asset previously. Representing titles as tokens also solves the problem of indivisibility. Once an asset has digital representation, it is simple to split it into smaller fractions, each carrying equal ownership rights. This asset characteristic empowers smaller players that would be left out if they had to buy the whole property. Diversification becomes easier too. Now instead of investing all of your capital into one building, you can buy a fraction of several ones and adjust the amounts as market conditions change. The number of tokens associated with a particular asset is defined in a smart contract— a protocol that enables contract facilitation, verification and enforcement digitally without the need for third parties. Smart contracts are self-executing, meaning that once a certain condition is true, a predefined event will occur. Therefore, they are superior to traditional contracts in terms of automation and reduced costs. Since emotionless code treats all users as equals, smart contracts cannot be manipulated or abused to accommodate an influential player, making market conditions fairer. With the right technology in place, tokenization can significantly improve liquidity of real estate and reduce the total cost of ownership throughout the whole ecosystem. When looking for a tokenization partner, an investor should also consider the regulatory landscape. Since the concept is new, the legislators are still catching up. As expected, there are differences between the states in regards to issuing digital shares or securities, the way they are taxed and traded. It is important to be well aware of the rules and laws already in place and be prepared for changes coming up as the industry evolves. With so many aspects to tokenization, from technical code to management and regulatory compliance, the idea of doing it with your assets might be overwhelming. To make things easier, REINNO takes care of the whole process from start to finish, including real estate appraisal, writing smart contracts, creating a custodian, and listing the tokens. It offers you an opportunity to tap into the new world of digitalized, divisible and liquid real estate and enjoy the benefits that come with it. If you are considering tokenizing your property, please contact our team at office@reinno.io. ...read more
By REINNO May 21, 2019
Many people have made money by become knowledgeable in real estate. Without the right knowledge, there will be little opportunity for gaining wealth.The following information fromSell That Florida Housewill assist you get started with real estate investment venture. Location is of prime importance when it comes to real estate investment. Property condition and other factors do change. Properties that are in terrible areas that depreciate rapidly usually result in bad investments. Know the area where you live. Problems with tenants can waste a great deal of time for you. You may be shocked to find out that people do the negotiating for you if you sit back and let them. When you listen, you can catch the right moment you need for that desired price. Don't spend your money in real estate with doing the research first. Errors in investing can be extremely costly. Take a good hard look at the neighborhood into consideration before investing. Neighborhoods where people want to live tend to hold or even rise in value over time, and neighborhoods that are depressed won't pay off so well. Location is always be the key determinant for a property's value. If you buy a property with a plan to rent it out, use caution when selecting a tenant. The person will need to be able to afford both rent for the first month as well as a deposit. If they can't get the cash, there is a high chance that they will end up falling behind on their monthly rent as well. Keep on looking for the right tenant. Make sure that any property you invest in will return your money to you, and then some. Be patient when beginning.Your first real estate investment transaction may not happen as fast as you expected. Don't let your money into something you don't need. That is not a recipe to waste money. Wait it out until the perfect opportunity comes along. Don't buy just for the sake of owning more properties. Investigate thoroughly before buying and remember quality over quantity. This will help protect your investment portfolio integrity. Think about expanding your business property investments rather than just residential places. Business investments can give you lucrative long-term income opportunities through rental. Strip malls and other similar complexes present many opportunities for a single location. Do a little research prior to investing in real estate. There is usually a website that is officially created for the city. You may discover information about city planning that might impact real estate values in the future. A growing city that's growing is a smart place to invest. Try to keep your properties in a short distance of each other. You will save gas this way.It will also lets you become an authority when it comes to the area. It would be a mistake to wait around and have the market so you can get some hands-on experience.You may miss out on investment opportunities if you wait compared to those who are getting experienced. You want to make sure that your real estate property. Your time is valuable and you would not want to waste it.Avoid college rentals, bad neighborhoods, and places where people vacation.Try investing in properties that have a history of good and responsible tenants. Make sure you look for help from experts.Before you make a bid on a piece of property, be sure you seek advice from someone that's a pro when it comes to real estate. Their expertise can ensure you make better decisions. You can make real money by investing in real estate. Some knowledge and good luck go a long way in this area. Hopefully you gained some useful information. ...read more
By Sell That Florida House August 30, 2017
Newer Construction, 2 car garage! Stunning! ...read more
By Andrew Davis- Realtor- Berkshire Hathaway NE Properties January 17, 2016
Are you looking to buy a house? When you go to look at houses, you will quickly see that realtors do not use street addresses as a method of identifying houses. They use an MLS number which allows them to quickly access information about a property for sale. Using a street address gives you some infor... ...read more
Finding the perfect place for your business can take a great deal of time and research. You may want to lease a building rather than rent it. Leasing a building helps you build equity in the building. Depending on your location, commercial property may be listed for lease differently than traditional ... ...read more
