#diversification vs staying on brand

[prettyinpunk]

IMPORTANT POLL PLEASE VOTE

clown hours pros: hilarious. clown hours cons: i don’t wear bright colors but i’d do it for the bit

full metal pros: slays and 90% of my clothes are black full metal cons: clown hours is hilarious(this cannot be ignored).

[criptox]

Predicción Optimista: Futuro Precio de GME Según Analistas

Optimistic Predictions for GME's Future Price: What Analysts Are Saying

As we dive deeper into the world of stock trading and cryptocurrency, one name continues to stand out: GameStop (GME). As a brand synonymous with gaming culture, it has not only captured the hearts of gamers but has also become a focal point in the financial markets. In recent analyses, a wave of optimism has emerged regarding the future price of GME, leaving many investors wondering: How high can it go? Let's explore the insights shared by analysts.

Understanding the Current Landscape

GameStop was once struggling, merely a brick-and-mortar retailer in a digital age. However, the last few years have seen a significant transformation, culminating in its status as a meme stock. This transformation can be attributed to a variety of factors, including the trading frenzy ignited by retail investors on platforms like Reddit's WallStreetBets. This grassroots movement not only sent GME stock soaring but also attracted the attention of major financial analysts.

Analysts' Optimistic Outlook

Recent predictions from industry analysts suggest that GME could have a bright future ahead. Here are some key points that they have highlighted:

Engagement in E-Commerce: GameStop has made strategic pivots to enhance its online presence. This shift is crucial in today's market, where digital sales often outweigh those from physical stores.

New Leadership: The arrival of savvy executives with backgrounds in technology and retail signals a move towards innovation. Their focus on expanding products and services beyond traditional gaming is likely to attract new consumers.

Strong Community Support: GME's growing community of loyal supporters sets it apart. This fierce loyalty can lead to sustained interest and investment in the stock, which is a driving force behind its substantial price surges.

Potential Risks to Consider

While the outlook is certainly optimistic, investors should also be wary of potential risks. Market volatility remains a they must consider, especially as the landscape changes rapidly. Additionally, the unpredictability of retail investor behavior can be a double-edged sword. Investor enthusiasm can change overnight, leading to potential downturns that have previously been seen.

What This Means for Investors

If you are considering whether to invest in GME, staying informed and doing thorough research is crucial. An optimistic view does not guarantee success, but it does provide a framework for understanding the company’s potential trajectory. Here are a couple of things investors might keep in mind:

Diversification: Never put all your eggs in one basket. While GME seems promising, ensure your portfolio is well-rounded.

Long-Term vs. Short-Term: Decide whether you're looking for a quick profit or if you are willing to hold on for potential future gains. This choice will dramatically affect your investment strategy.

Conclusion

In the ever-evolving world of stock market investments, GME presents a unique case study. Analysts paint a picture of optimism supported by strategic improvements and community backing. Yet, the cautious investor is also wise to consider the risks involved. As you explore possibilities within the gaming stock landscape, remember: knowledge is power. With the right insights, both seasoned and new investors can navigate this exciting terrain with confidence.

Predicción Optimista: Futuro Precio de GME Según Analistas

[ns-magnolia-blog]

Real Estate Investment Options Explored

There are a lot investment options available to those who are considering real estate as a accommodating method of maintaining the longer term income and profits. As well as why on earth shouldn't you consider these options? This can be a money-making proposition, that millionaires all over the world will agree, to create a big fortune quickly. However , real estate investing could be a very high risk venture therefore your necessity of having some more stable techniques for bringing in money in order to establish a truly diverse portfolio along with a better security structure for your financial future is extremely important. Even within the massive world of real estate investment you will be able to search out different ways of investing and each one of them will produce different risks level. So let's explore some of them. Business oriented Real Estate Investment Commercial real estate investment is an effective place to begin due to the fact that it will be relatively secure compared to some other styles of investing your very hard earn money. The drawback with the commercial real estate is the indisputable fact that in most situations it requires a large some of money to start with. This feature many real estate investors do not even contemplate until they've built a large portfolio and also have tons of money to risk. As an instance you acquired a large office building and leasing it through to prospective businesses. Your income stream should be relatively secure because most organizations and/or businesses that lease as a result of you will need to stay on a long-term basis (generally minimum business oriented lease is 3 to 5 years). Majority of the businesses whether it is the accounting or a doctor, prefer to stay at the same specific location for as long as they can, due to establishing the steady stream regarding clientele. So in a perfect world it would supply you with a well balanced stream of income. House Flipping Investment Lately this sort of real estate investment became one of the most popular sort of investing and many individuals have discovered that this is also a great way to make or spend money highly rapidly. It happens to be a high-risk venture to say the least however rewards are equally high every time a flip goes most certainly. You should decide if you are willing to take a gamble and be able to retain the property if you can't flip it in the expected/desirable time, just because house flips are part skill and part chances. Residential Rental Properties Investment Becoming a landlord, while conceivably not as glitzy as owning business properties throughout the complete city or flipping fabulous properties for immediate profit margins, is a superb way to work yourself inside rather comfortable golden age. It is a long-term method of real estate investment still the payoffs most probably rewarding when all is alleged and done. For use on your cautious real estate property investor this is a worthy brand of real estate investment for you to pursue. Pre-construction Investment Pre-Construction profits are even riskier than house flipping in many instances, particularly as it has become therefore popular in recent years. The trick with this sort of real estate investment is buying the right property in the perfect market. Provided you can succumb to an American city that may be close to have got a serious home shortage or possesses the beginning stages of a housing general shortage (for example few affluent communities with older properties or coastal communities have had recently) one stands to set-up quite a fortune for himself. The thing is until this particular field is extremely speculative and really competitive. Lease or Hire to Own Investment Lease to own purchases can usually produce better profits. A large number of investors/owners consider this particular real estate investment that should be more desirable vs simple renting for a number of reasons. First, those that dream to own their homes are more likely to take more effective care of their "future homes" than their counterparts, who sadly are just renting. Also, if for whatever reason they decide to step elsewhere and do not complete the acquisition, you will be inheriting the extra money, that had been paid toward the down payment and most possible have no extensive repairs. Last but not least, by collecting the extra dollars that supposed to be applied toward the purchase or sign up, you will often be helping a family that may have click a trouble spot, to accomplish the American dream of place ownership. And that alone should make you feel good. Realty investing is a superb opportunity to build great fortunes. You need to make your mind up where you desire to begin your journey into this worthwhile field. Remember that once you have begun your properties investment professional it is a good idea to employ different types of investments for diversification as well as controlling the risk, because this is a volatile market at finest.

[digitalrisemd]

Amateur To Pro: Impact Of Social Media Platforms On Dermatology Marketing

Currently, dermatologists around the globe have started using social media as tool to build strong relationships. Creating an online appearance is very good for businesses. As a general idea, plethora of social media platforms, for example, Facebook, LinkedIn, Twitter, and Instagram are bringing independency to dermatologists. Plus, dermatology marketing is now no longer restricted to word-to-mouth, statistics, and traditional ways. Joining in social networks is helping dermatologists gain staggering number of prospective.

First Things First – ORM

Going active on social media platforms could help directly dermatologist dominate SERP’s. Capturing attention to webpages, and social media accounts help maintain a good reputation. It is extremely essential to manage online reputation. For example, any negative review can break a professional reputation. However, dermatology marketing strategies also include handling ORM and tactics for replying to negative comments. It is one of reason why professional go for ORM and other marketing strategies.

Marketing For Now

As a dermatologist, it is hard to ignore the fact that even single platform like Facebook offers +2.6 billion active users. In short, 9 out of 10 individuals use core one of core products every day like Facebook, WhatsApp, Instagram, or Messenger each day. Also, there is diversification of global users on Facebook ranging from 13 years old and over.  All these statistics are compelling numbers of small and medium scale businesses, including dermatologists to leverage power of social media.

Build Attraction

All independent dermatologists would have clear advantage with dermatology marketing using social networks. Similar to small business, shifting marketing strategies and including social media will help in:

1. Higher visibility

2. Tailored Self-Promotion

3. Personalized Connectivity

4. More Potential Clients

5. Personal Image Enhancement

Although there are thousands of dermatology practitioners still working with traditional promotional techniques. Not only it takes more time, energy, and money, also, its less-effective tool for building long-lasting relationships.

Social Media Vs. SEO

With unique dermatology website and dermatology marketing, it is easy to drive high-quality organic traffic. Top search engine like GOOGLE is increasing attaching importance to beautiful websites which offer integrated and active social media networking.  Technically, search engine uses social media activities as most reliable evidence to determine authenticity and authority of a brand. So, when you share quality content on dermatology website, Facebook and Instagram then it generates a signal to algorithm about relevance of website. This phenomenon boosts webpage ranking and hence improve overall reach. In short, you get high number of readers and prospective patients.  

Engaging Audience

One of primary planning in marketing for dermatology involves building tactics to reach out to massive number of prospects. In comparison to print advertising, social media marketing is a lot cheaper and effective. Moreover, it takes less time, effort, and resources. Leveraging incredible power of social media networks for engaging audience help in achieving business/brand goals. For example, prospective patients always research online about dermatologist, his/her number of years in practice and results, before reaching out and scheduling an appointment. For dermatologists having Instagram account with before and after photographs of procedure could leave a positive impact on prospective patients.

Gaining Professional Reputation

Rising use of social media platforms for dermatology marketing is providing dual benefits to dermatology practitioners. One, now dermatologists can have better online reputation with ORM, second, marketing for dermatology is helping practitioners to gain professional reputation. So, apart from reaching out to potential patients within local area, dermatologist can easily connect to other professionals in same industry. As a result, dermatologists are now equipped with tools to create influence in industry.

By simply staying active on social media is helping dermatology practitioners to stay up-to-date with industry trends. Plus, it leads to speaking opportunities, conference invitations, and community events, etc.

Wrapping Up

Boosting your dermatology practice would need two things, one, an impressive dermatology marketing strategy, and second, patience. Getting organic results takes time, although there are shortcuts too such as paid advertising. Through social media, platforms dermatologist can easily partner with professionals and reach out to widest number of prospective patients. Also, using social media marketing requires less effort and less capital.  

[altekmediagroup]

2019 best year for selling your business

2019 Could be the best year ever for selling your business

Over the past several weeks, I’ve been asked by several business owners whether they should sell their businesses in 2019 or hold off until 2020 or 2021. I told them, “Do not wait”. One of the biggest mistakes business owners make is postponing the sale of their businesses in hopes of selling at a higher price at some time in the future. More often than not, they mistime the market. No one can accurately predict with any degree of certainty what the market will look like in two to three years. Even today, some experts predict that we are headed for a recession sometime during 2019 through 2021. I do not believe the pessimists. The “Index of Leading Economic Indicators”, the best predictors of the fundamental strength of the economy, strongly suggests that at least in the short term, the next 12 months to 18 months, shy of a major geopolitical event like 9-11, the economy will stay strong. As small and medium-sized businesses embrace a strengthening economy, there is another reason for entrepreneurs to be optimistic. It is a seller’s market. Some advisors say it’s the best M&A market they have ever seen, certainly in recent years. Even small business owners who aren’t yet ready to retire are looking to take advantage of this robust M&A environment. In the Pepperdine Private Capital Market Study, business advisors state that seller sentiment hasn’t been this high in the past five-years. My colleagues tell me that many active buyers are working on multiple deals simultaneously which have not been seen in past years – or, at least, not at the volume we are seeing today in the lower-middle market. Separate research reported in Forbes Magazine, confirmed those findings. According to Forbes published a few months ago, nearly one-third of small business owners plan to sell their businesses within the next two years. The majority of business buyers – 84 percent – plan to buy in the next year. I am advising our clients, if their companies are prepared to go to market, sell now! You may not get another chance like this for another five to seven years. Valuations are high and buyers are paying premiums for well-run companies. However, business owners shouldn’t rush to sell their businesses simply because the market is strong. Analysts insist that to maximize value, business owners must prepare their business for sale before going to market. Buyers have become much more cautious and sophisticated in their due diligence processes since the Great Recession of 2008-2009. Today, 15 major areas that buyers look at closely when examining a company to purchase are the company’s: Historical financial statements and related financial metrics, as well as the reasonableness of the target’s financial projections of its future performance; Technology/intellectual property; Customer base, its concentration and sales pipeline; Strategic fit with the buyer’s organization (cultural); Contracts and commitments to suppliers, employees, contractors, lenders and senior management; Past, present and potential future litigation; Tax matters and understanding of any tax-loss carryforwards; Governance documents and general corporate matters; Overall operations and its cybersecurity protocols; Related party transactions; Regulatory filings and compliance issues; Production/sourcing/suppliers and related matters for products and services offered by the target company; Marketing and sales strategies and agreements related to the sales of the company’s products and services. Competitive landscape and market analysis of the industry sector the target company serves; and, SWOT (strengths, weaknesses, opportunities and threats) analysis; Since buyers will slice-and-dice numbers every way possible to understand the business and any problems, risks and opportunities going forward, sellers can prepare their companies by putting themselves through the same due diligence process as buyers do to shore up the “soft underbelly” of the companies. It is always better to identify any “warts” in a business before going to market, versus during a buyer’s due diligence process. No one likes surprises. If buyers discover problems during the due diligence review, that was not disclosed by the seller in advance, it will usually cost the seller significantly. I recommend to clients during the preparation to sell their businesses, that they understand two major metrics about their businesses: (1) A valuation of their business conducted by an independent certified valuation firm so they don’t over price or underprice their businesses and, (2) A benchmarking study focusing on how they stack up against competitors in their industry. A comprehensive benchmarking study can focus on the due diligence items listed above. Both of these analyses and studies will point out key performance areas that are strong and/or could be problematic in the transaction process. One new issue that is hurting some sellers in closing their transactions is their inability to attract new talent and retain current employees in this environment of record-low unemployment. In a separate report from Wells Fargo and Gallup published a couple of months ago, nearly one-fifth of small business owners cited hiring new staff and retaining current employees as their biggest challenge. Some experts note that the struggle to hire new talent is squeezing businesses’ organic growth efforts, making companies less attractive to buyers. Given this current labor shortage environment, I am recommending to some of our clients that they consider inorganic growth (acquisition strategies) vs. organic growth only (build from within) as a part of their overall exit plan. A smart acquisition, such as purchasing a competitor’s well-run company, can add significant enterprise value, and therefore add significant shareholder value. In today’s market a solid acquisition, rolled up into your current company’s operations, can add more diversification, lower your risk profile and generate increased revenues and earnings. Regardless of which strategies are employed, now is a good time to plan your exit strategies and prepare your company for sale. I remind them that “a bird in hand is worth two in the bush”.

Gary Miller CEO. GEM Strategy Management 970.390.4441 gmiller@gemstrategymanagement.com gemstrategymanagement.com), Learn More ...       Key Words Business Insights, Business, Insights, Altek Media Group, Altek, Media, Video, video, film, near me, the Best, production, online, magazine, strategy, digital, marketing, blogging, social media, funnel, Brand, Content Management System, logistics, Lean, manufacturing, CEO, infograhics, instagram, facebook, linked in, google, Key Performance Indicator, Automation, Optimization, exit planning, Public relations, Advanced, Agile, oem, smart, supply chain, Net Neutrality, Big Data, Data Mining, Actionable Analytics, Artificial Intelligence, Machine Learning, Personalization, Voice Recognition, Chatbots, Augmented Reality, Virtual Reality, Smart Factory, Industry 4.0, Quantum Computing, BlockChain, Technological Unemployment, Digital, benchmarking, flexable, Kaizen, prototyping, robotics, six sigma   Read the full article

[businessliveme]

‘An action plan could help consumer goods companies navigate Covid-19’

Tom De Waele, a partner with Bain & Company and the Managing Director of Bain Middle East, says an action plan can help consumer goods companies navigate uncertainty—and be a visible, positive face of the crisis response.  

The Covid-19 pandemic is a crisis unlike any the world has experienced in several generations—and one of uncertain duration. The process of slowing the spread of the coronavirus is itself disrupting many aspects of life, and anxious customers and employees are looking for reassurance and support as their needs change radically. Consumer products companies have a significant role to play in providing both, communicating that protecting people—employees, partners, customers and so on—is their priority as they try to furnish goods in as normal a way as possible during an extraordinary time.

Beyond the mounting human toll of the pandemic, it has become clear that the economic consequences will be profound. If you’re a consumer goods company executive or part of a leadership team, note that it is the efforts of employees and the loyalty of customers that will see a company through. As such, job No. 1 is to do everything possible to make sure that people are taken care of.

That principle is among the top priorities in the action plan laid out below. This is the time to think about what the future will look like, of how the lives of employees and customers will be changed and what your consumer goods company will need to do to meet their new needs.

The specific operational changes demanded are vast, encompassing urgent and sweeping matters of supply continuity, distribution and logistics, evolving customer relationships, and more. The outbreak also underscores the importance of preparation, rapid response, continual learning, adaptation and communication in contingency planning. Above all, the safety of employees, customers and business partners is and will remain, the highest priority. We recommend the following checklist as a way of helping leadership teams frame their multiphase response in the short term.

Tom De Waele

1. Set up and empower an emergency response team If you haven’t done so already, immediately set up a cross-functional emergency response team attached to the office of the chief executive, the chief financial officer and the chief risk officer—potentially in a war room that operates virtually, given office closures, social distancing and the global nature of the team. Give the team direct access to key executives and empower it to make cross-functional recommendations based on a rapid assessment of risks in critical areas related to workforce, supply, inventory and consumer sentiment. Outline clear daily responsibilities for the team in three areas: managing internal and external communications; tracking, reviewing and adjusting the emergency response; and reporting internal key performance indicators.

Where relevant, set up local emergency response teams (e.g., by region, country, business unit, manufacturing facility, distribution centre or function). Moreover, you should give at least one person the full-time job of scanning relevant information on the spread of the virus, its impact on consumer demand, retailer reactions and actions by other consumer products companies.

2. Protect people as the utmost priority Companies should protect their employees, customers, suppliers and other partners by communicating with local authorities and quickly transmit their recommendations across the organisation to ensure compliance with the latest guidance.

Quickly identify and nominate backup options for business-critical executives or function leaders. If one person is infected, the other person can step in to backfill. Cancel gatherings of 20 people or more that are not operationally critical. Prepare for work-from-home requirements, ensuring technology solutions are in place for employees to work from remote locations.

Reduce or eliminate nonessential travel. This includes third-party visits to your office. Move to video or conference calls for employees who visit customers (e.g., key account managers) and for salesforces if store visits are not required.

3. Review and adjust your production plan and inventory management Determine your supply chain’s weakest links in terms of resiliency—workforce, raw materials, packaging, warehouse space, health and sanitary supplies, access to transportation—and address them in order of priority. Accordingly, you can quickly adjust production plans based on your product category exposure. Scale up for categories in high demand; slow down for categories seeing or anticipating a temporary decline.

Look into the diversification of manufacturing as a risk arbitrage measure. Split production across countries, plants and teams, ensuring that, in cases of rapid outbreak or transmission, business-critical tasks are uninterrupted. Stay close to raw material suppliers, and vigilantly watch for increasing lead times. Put into place contingency plans for alternative raw materials or input sourcing (or excess sourcing in advance of production) should raw material production facilities grind to a halt.

4. Turbocharge logistics flexibility Work with authorities to understand potential lockdown areas and how you will be able to deliver in those areas. Revisit your transport and delivery plan with a focus on getting stock as close to stores as possible. You may need to switch tactics completely, by delivering directly to stores vs. distribution centres, for example.

Free up freight capacity by stopping planned deliveries of nonessential categories and aggressively enforcing minimum order quantities for freight. If short on capacity, work with retailers to see if near-term backhaul or customer pickup opportunities are available. Work with your logistics providers, or even your competitors, to leverage joint capacity, including exploring third-party on-demand logistics providers or less-than-truckload (LTL) flexible distribution options.

5. Stay close to customers while adjusting to demand Shift the focus of key account management from traditional buying negotiations to ensuring the continuity of supply. For the most critical categories and customers, this could mean making temporary compromises, such as loosening accounts receivable terms. For retailers, this could mean adjusting to short-term measures, such as lifting on-time, in-full fines. Work within agile, multifunctional teams (virtually, if in-person colocation becomes impossible) to quickly resolve pain points and bottlenecks and offer creative, resourceful solutions to clients.

It is key to accelerate online retail. Categories moving online during the outbreak are likely to move there for the long term. This means shifting toward pack sizes that are fit-for-purpose for online sales. At the same time, repurpose time and energy that you might have spent on pricing and promotion conversations to broader supply-focused topics. Doing what it takes to help often-vulnerable retailers succeed and maintain stock during the crisis can pay dividends in future customer relationships.

6. Adapt your marketing tactics and messaging De-emphasize non-mission-critical marketing spending and activities. This will help free up the budget for mission-critical activities and for short-term improvements to cash and working capital. Adapt content and messaging to be timely, relevant and appropriate in the context of the pandemic. Broader health and safety messages—even if you do not play within the space—can signal a commitment to consumers. Cancel campaigns that could be found tone-deaf in the face of the crisis, harming brand equity.

7. Keep an eye on cash flow, capital and M&A During times of crisis, it is critical to closely manage working capital and evaluate capital spending to cut or delay nonessential or nonstrategic projects. This is relevant for all consumer products companies, as a squeeze effect is possible across the board. A variety of working capital enhancements are possible, such as measures to accelerate cash conversion—increasing inventory turns through markdowns on slow movers, for example. If necessary, companies can also reduce their overhead costs by cancelling training that is not operationally critical and paring marketing spending in relevant areas.

8. Communicate and collaborate Consumer products companies play a vital role in supporting society through crises such as the Covid-19 outbreak. It is essential that senior executives maintain open lines of communication with the authorities in their markets. That means staying up to speed on the latest government thinking about curbing panic-buying and shortages, or about potential lockdown areas that could be the next to face logistical constraints. These efforts can create goodwill when products are available against the odds. However, the reputational harm can be severe if companies do not follow the precautions and health guidelines recommended by the authorities.

All employees—from the most senior to the most junior—want to hear important internal news from their leaders first, rather than through hearsay. Communication designed to reassure the workforce on safety should deal in specifics rather than generalities, highlighting concrete measures taken to protect personnel. Employees want to feel that the company empathizes with the personal cost of the pandemic.

9. Look beyond business The simplest and most common action is to donate to hospitals and medical institutions. Brands can go one step further by leveraging their resources and capabilities to provide tangible disaster support and relief. Consumer goods companies can be a highly visible, branded face of the crisis response; a positive contribution can create deep loyalty and brand equity over the long term.

Path to recovery At moments of such strain, it can be hard to keep up with all the immediate challenges, let alone maintain focus on the medium and long term. Yet, leadership teams in consumer products know that they cannot afford to lose sight of their broader goals during the turbulence created by Covid-19. They need to plan for the eventual recovery. You’ll gradually wind down resources and teams dedicated to managing the crisis, but only after conducting a postmortem on lessons learned. Then, codify your approach for the next, similar crisis and ensure that an emergency response team can be activated quickly. Recovery also means resetting and restarting the plan for 2020 with new objectives, budgets, forecasts and operational plans.

The post ‘An action plan could help consumer goods companies navigate Covid-19’ appeared first on Businessliveme.com.

from WordPress https://ift.tt/2JXpxYf via IFTTT

[jobsearchtips02]

The best way to Keep Out of Debt With a Low Revenue

Staying out of debt is necessary, however even rather more so when you’ve got a low earnings. It takes a bit extra work to remain debt free when you do not make a lot, however it may be performed. Listed here are some frequent sense methods to remain out of debt when you’ve got a low earnings.

You don’t make some huge cash and also you’ve labored onerous to get out of debt. Now that you’ve got the style of what it’s wish to not have a month-to-month curiosity cost for perhaps the primary time ever as an grownup, the very last thing you need to do is return into debt. However, what’s one of the best ways to remain out of debt with a low earnings?

The following pointers can assist you make a monetary recreation plan to make you construct wealth whereas staying out of the poorhouse.

When you gained’t grow to be an “instant millionaire” you’ll be able to nonetheless pay your payments, go on trip, and save for the longer term—three actions that in all probability prompted you to lose sleep while you have been nonetheless in debt.

Hold Your Discretionary Spending to a Minimal

For those who’re like most individuals with a small earnings, one of many solely methods to seek out more money every month is to cut back your month-to-month spending to the bone. Which may imply not going out to eat, having a “staycation” as a substitute of a trip this summer time, and canceling your month-to-month subscriptions.

The one downside is that for many us is that we will solely suppress our desires for thus lengthy. Whenever you’re debt-free and not sending your disposable earnings to make further debt funds, the cash in your pocket instantly feels hotter than it did a month in the past.

When you shouldn’t return to your previous spending habits and “keeping up with the Joneses,” it’s anticipated to have some life-style inflation. As with each side of life, keep in mind the mantra, “Everything in moderation.”

It’s okay to extend a few of your month-to-month subscription spending once more, however don’t overpay.

A few of the methods it can save you cash on the finer issues in life embody:

When you ought to by no means pay greater than completely mandatory, the three suggestions above are the best methods to get the identical merchandise you employ now for much less.

Make investments At Least 10% of Your Revenue

Whenever you deal with your high-interest bank card debt, one of many subsequent locations you’ll minimize is your month-to-month investments.

At a minimal, it’s best to make investments a minimum of 10% of your earnings. However, to get a extra correct quantity, it’s best to use a retirement calculator to see for those who can afford to retire. It solely takes a minute to plug in your present monetary vitals and your retirement objectives to see for those who’re on monitor. If you should make investments extra, the calculator will advocate how a lot you should make investments to retire on time.

Hopefully, your employer presents matching 401ok contributions and also you’ve been maximizing that chance to make “free money.” Most employers providing matching contributions match a proportion of the primary 6% of your month-to-month wage. For those who make $three,000 a month earlier than taxes, they are going to would possibly contribute $180 per 30 days; consider it as an prompt $2,160 annual elevate.

Retirement Account vs. Non-Retirement Account Contributions

After maximizing your 401ok match, it’s best to break up your remaining month-to-month investments right into a tax-advantaged retirement account and taxable brokerage account.

Splitting your investments between the 2 ensures you make investments for retirement, however you continue to have speedy penalty-free entry to investments in your taxable non-retirement brokerage account.

When to Put money into a Taxable Brokerage Account

You’ll nonetheless need to hold your emergency fund financial savings and extra money financial savings in an interest-bearing checking account and make investments cash you don’t plan on spending throughout the subsequent two years in a taxable brokerage account. You make investments the cash you want just a few years from now so it may well admire sooner than your financial institution deposits and also you don’t should pay the 10% early withdrawal penalty the 401ok and IRA accounts cost.

As a result of the inventory market is unpredictable, keep in mind solely to speculate cash in your taxable account that you just don’t plan on withdrawing a minimum of one yr from now. Traditionally, the general market yields a revenue long-term, however you’ll be able to lose cash within the short-term.

For instance, you’ll be able to make investments $1,000 as we speak and if the market declines 10% a month from now, your funding is simply price $900 and might doubtlessly take a yr to regain the losses and start appreciating. Volatility is why buyers close to retirement spend money on mounted earnings belongings so that they don’t should delay retirement due to an sudden market correction.

The cash sitting in your checking account solely earns barely greater than 1% curiosity at finest. In case your investments earn 6% yearly on common, you’re making six occasions the revenue in comparison with holding it at your financial institution.

The key to changing into a millionaire is incomes extra passive earnings than the month earlier than. It’s difficult to do that when the cash in your financial savings account is simply incomes a couple of pennies every month. That is why it’s so necessary to speculate your further earnings.

When to Put money into a Retirement Account

Any cash you don’t plan on spending till you retire must be put into your tax-advantaged retirement account. You probably have a good 401ok plan with strong funding choices and minimal charges, it may be simpler to make all of your further retirement contributions there.

If not, make investments any further month-to-month contributions in both a Conventional IRA or Roth IRA. Open a Conventional IRA while you need to decrease your taxable earnings now however pay taxes in your contributions in retirement, in any other case contribute your post-tax earnings to a Roth IRA so your contributions develop 100% tax-free.

Hold All Your Investments At One Brokerage

You don’t have a selection the place your employer hosts their 401ok plan, however you’ll be able to management the place you retain your private investments. It’s nearly all the time simpler to maintain your IRA and taxable brokerage accounts on the similar brokerage.

For those who want fully-automated investing, Betterment presents each account varieties and their complimentary portfolio rebalancing and tax harvesting instruments optimize your return.

DIY buyers ought to select an internet dealer with low commerce charges. It’s not onerous to discover a brokerage that solely prices $four.95 per commerce, however they often provide many commission-free ETFs too so that you get prompt portfolio diversification with each single commerce.

Say No to Instantaneous Gratification for Giant Purchases

One other cash behavior that separates the wealthy from the poor is delaying prompt gratification. Too many individuals suppose being in debt is a reality of life. Guess what? It’s not!

You will want to make your personal family rule for this suggestion, however you would possibly say that it’s important to talk about together with your partner or wait a minimum of 24 hours earlier than you spend greater than $100 on any pointless expense.

Whether or not you need to purchase a stereo encompass system for $300 which you could pay for with money or a brand new $20,000 automobile that requires a automobile mortgage, these one-off purchases can rapidly put you again into debt.

By ready a minimum of at some point to say sure or no, you’ll be able to determine for those who truly have to make the acquisition or if it may well wait. In lots of circumstances, you’ll end up passing on the provide till your present product lastly bites the mud.

Save for Giant Purchases As an alternative

Saying “No” doesn’t imply you shouldn’t plan ever to make a big buy once more. For instance, the automobile you’re driving now would possibly solely have just a few good years left earlier than it’s not cost-effective to maintain proudly owning the automobile. Shopping for a alternative automobile is a recognized expense and by making it a purpose to find the money for put aside in three years to switch your automobile, you’ll be able to pay for your entire automobile with money for the primary time ever!

With somewhat foresight, you’ll be able to keep away from going into debt sooner or later since you save your cash for the longer term as a substitute of spending it on as we speak’s whims. For those who all the time give into prompt gratification, it will get loads tougher to perform your future financial savings objectives.

In addition to automobiles, a few of the different giant bills it’s best to plan for embody holidays, house repairs and transforming, and your little one’s school training.

Use Money As an alternative of Credit score

One other monetary pitfall for a lot of households is utilizing bank cards irresponsibly. Bank cards additionally enhance the percentages that you just’ll spend greater than with money or debit even for those who pay your steadiness in full every month.

On the flipside, accountable bank card use means you construct your credit score rating with out borrowing cash and you may get rewards factors that allow you to journey free of charge or get money again every month.

What for those who can mix the advantages of bank cards with money to earn rewards whereas nonetheless being inspired to stay inside your means?

With a free program like Debx, your bank card acts like a debit card. Every day, Debx withdraws the money out of your checking account to cowl your each day purchases–so that you by no means carry a card steadiness–whilst you earn rewards factors and enhance your credit score rating.

Make a New Price range

Why save this step for final?

As a result of you should determine the way you need to spend all that more money first.

Making your first debt-free funds could be difficult as a result of you’ve got fewer payments that have to be paid. It may be very easy to go on a spending spree and nonetheless be residing paycheck to paycheck although you’re debt-free.

By strolling by way of the steps above you understand that placing your cash in a checking account, retirement account, and rising your discretionary spending somewhat bit offers you a clearer thought of how a lot cash you’ll realistically spend now that you just’re not pressured to make a minimal month-to-month cost.

After getting an thought how a lot you need to save, spend, and provides to charity, you’ll be able to see for those who can nonetheless stay inside your means together with your present earnings.

If not, you have to to trim your speedy and future spending so you’ll be able to nonetheless accomplish your financial savings objectives. For instance, you would possibly determine to save lots of for a $10,000 automobile as a substitute of a $15,000 automobile to have an additional $50 to place spend money on your retirement account.

Similar to it’s best to hold all of your money at one financial institution and investments at one brokerage, you also needs to use Private Capital to trace your month-to-month spending free of charge. You may also use Private Capital to trace your investments and financial savings objectives progress to see if you should enhance your month-to-month contributions.

Abstract

Your first paycheck after you grow to be debt-free can really feel loads like successful the lottery. As an alternative of squandering your windfall and changing into the following actuality television star for all of the flawed causes, following the steps above will allow you to maximize your small earnings so you’ll be able to nonetheless retire on-time and stay a life the place you don’t fear about cash anymore!

This Free Device Helped Me Pay Off $75,000

Typically all you want is free! I opened a free Private Capital account again after I was in debt and it helped me get management of my monetary life-style. Since paying off $75,000, I’ve been capable of save over $180,000 and I couldn’t have performed it with out Private Capital.

Verify Out Private Capital

from Job Search Tips https://jobsearchtips.net/the-best-way-to-keep-out-of-debt-with-a-low-revenue/

[sempiternalsandpitturtle]

Would any small business benefit from a marketing consultant?

Marketing is often lumped together with sales or advertising in enterprise pursuits. It’s a mistake many small businesses make, especially if owners can’t devote enough time and resources to develop sophisticated and effective marketing strategies.

Luckily, organisations struggling to get the most out of their marketing don’t need to half-bake it. Marketing consultants can offer a wealth of knowledge and experience to your operations. This specialist help can transform your business website from the online world’s Invisible Man to a well-known domain with value to offer customers. The right strategy can also position your small business as thought leaders in your sector, and gather more inbound leads for your sales team.

Marketing consulting is a $200 billion USD global industry, according to Reuters.

The popularity of marketing consulting is plain to see – the industry is worth around $200 billion USD worldwide, according to Reuters research. But would any small business benefit from the insight of a marketing consultant service?

Without the right marketing strategy your business may as well be invisible to online customers.

The core services marketing consultants offer

Consultants provide numerous services essential to a comprehensive business marketing plan.

Website strategy and SEO guidance

Consultants use sophisticated tools like Google Analytics to assess the types of website visitors, which of your landing pages attract entries and the performance of web content. Breaking down these numbers, strategists can see the strengths and weaknesses of your existing processes and align them against your wider business objectives.

From there a consultant can develop a thorough content strategy to improve user numbers to your site, optimise content for search engine readability and drive better conversion rates.

Copywriting

A website is nothing with poor content. All web copy needs value takeaways for customers that will drive them to take action and support your business. Content also needs to fit SEO best practice, adhere to media law guidelines and contain no spelling or grammar mistakes.

A marketing agency will usually have a team of writers proficient across a range of industries, SEO-trained and up-to-date with the latest developments in media law. This means you gain an online voice that accurately represents your values and targets the right audience in the right way.

Graphic design and branding

This service encompasses all imagery representing and relating to your organisation. It’s said that pictures can speak a thousand words – so imagine the potential to engage and inform your customer base with high quality, custom graphics?

Marketing consultants, if not proficient in design and branding themselves, will likely have the industry contacts to ensure your business gets the amazing design prowess it deserves. Marketing agencies, meanwhile, often have in-house designers to complete projects from website design to creating info images.

Web development services improve website accessibility and interactions.

Web development

Web development is the nuts and bolts of your website, the bones that keep it all together, Without an appropriate website structure that works, your customers won’t be able to find you. These highly technical skills take years of training to master, so this is an aspect of marketing that is often outsourced.

Consultancy services provide anything from basic website recommendations that will improve the user experience to technical restructuring of your domain infrastructure. Web developers can also perform ongoing website maintenance and servicing to ensure it stays working at all times.

Three ways to measure the ROI of your marketing efforts

Deciding to improve your marketing pursuits is well and good, but what do you want out of it? Nearly 40 per cent of organisations claim their most significant challenge is proving ROI on their marketing strategies, according to HubSpot’s State of Inbound report. Don’t be one of the crowd – here are three ways to measure ROI on your marketing strategies.

1) Search engine ranking

The top result on Google gathers more than 20 per cent of all clicks, according to data from Smart Insights. Marketing consultants, through SEO expertise, sophisticated website restructuring and targeted content campaigns, can improve your business domain. Track increases in search engine ranking over time and compare this to the number of additional visitors on your website!

Top results on Google gather significantly more clicks than those not on the first page.

2) Lead generation and nurturing figures

One of the main roles of marketing consultants is to generate more business leads with improved content and targeted advertising. From there, copywriting and design campaigns should nurture these leads into prospects and increase their likelihood of converting down the sales funnel.

3) Brand prestige and thought leadership credentials

Longer and better written content doesn’t just contribute to higher SEO performance (Smart Insights) – it also provides genuine value takeaways for customers. This helps develop your brand prestige as a trusted source of knowledge. While it’s difficult to precisely measure this value, it can only serve your business well if customers trust that your website is engaging and informative.

In-house vs. outsource – why work with a marketing consultant

The final question you may have about working with a marketing consultant is … why outsource? You know your business’ goals best, so isn’t it best to keep your marketing strategies in-house?

Consider the debate like a boxing match.

In the red corner is your small business’ potential in-house marketing. You’ve got no experience as a fighter because you’ve been focused on other pursuits. You don’t know how you will turn a goal like ‘KO my opponent’ into a specific plan of action. You haven’t even got the kit needed for the fight!

In the blue corner is a marketing consultant or agency. This fighter is a seasoned boxing veteran, knows the hooks and jabs needed for success, and has their own set of customised gloves.

This isn’t an underdog story – there is only one winner of this fight. You need to level the field.

Making your marketing strategy a knockout requires outside help.

To get yourself up to speed, you could build up your own marketing team. But that means hiring writers, strategists, project managers, graphic designers and web developers who can convert your broad business aims into tangible customer leads. HubSpot shows that one-in-five businesses globally claim hiring the right talent is the biggest roadblock to their marketing efforts.

Further to the difficulties of finding the right team, managing your own marketing department has more far-reaching costs than you may have considered, including:

Additional salaries.

Investment in advanced marketing tools such as Ahrefs or BuzzSumo.

Ongoing commitment to upskilling – marketing is a fast-moving industry.

Alternatively, you could learn it all yourself. This takes a significant amount of time and resources to ensure your marketing efforts suit your business and are aligned with industry best practice.

Consultants offer years of expertise on what resonates with digital audiences and the latest insight into changes in the marketing world. This specialist knowledge is crucial for developing a marketing plan that suits the strategic aims of your small business and fuels development.

No matter your industry, client base or business size, maximising web exposure is critical to competing in the digital age.

On top of this pro input, outsourcing your marketing to an agency saves time and allows you to focus on elements of operations you excel in. Working with a consultant also means you can discuss opportunities for expansion or diversification in other parts of your business.

No matter your industry, client base or business size, maximising web exposure is critical to competing in the digital age. All it takes to succeed is some savvy insight from marketing consultants who have seen and done it all!

from http://bit.ly/2Z5zqt9

[cleancutpage]

Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel

This post originally appeared on MDL Group's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.

By Robert Perkins, CPM – Director | Property Management Services – MDL Group

I attended the 2019 IREM | CCIM Forecast event January 17, 2019. Below are my notes from the event for those who are interested and were not able to attend. Overall, it was a great program that provided relevant economic perspectives from some serious industry players on what’s happening to Las Vegas in 2019 and beyond. Enjoy!

Barbara Crane, CCIM is the current CCIM National President. Barbara opened the program with a few remarks.

– She spoke about strong economic fundamentals.

– She said there are plenty of new development opportunities.

– She stated that multifamily still the strongest sector of the market.

– She feels that interest rates are keeping folks out of houses which is a contributing factor driving multifamily growth.

– She feels that tech innovations are making economy stronger.

– She said the population/workforce growth in sunshine states like Nevada remain strong.

– She worries about government-imposed problems on us like tariffs and immigration. The conversation is a self-fulfilling prophecy for a slowdown in national economic activity.

– She warns that the new FASB accounting rules are a big negative. (FASB states that all tenants must recognize lease obligations on their balance sheets which they never did before.) Barbara feels that this may show a difference of debt to equity ratios of companies which could ultimately affect reporting to shareholders and adversely affect stock valuations. She also voiced a concern that tenants may want to shorten their leases obligations as a result which would adversely affect landlords as lenders may not understand it.

– Bottom Line: 2019 is going to be a great year. Volatility yes. Recession no.

The next speaker was the VP of IREM. Jolene Terry-Phinney, CPM

– She brought up IREM’s rebranding and focus on diversity and student scholars.

– She stated that they are forecasting 20,500 new real estate jobs by 2024.

– IREM is getting international! She said they have been pinning tons of new CPMs abroad.

Now for the goods….

Don Snyder, UNLV – Moderator

Matthew Vance – CBRE Economist

John Guedry – CEO Bank of Nevada

Alan Snel – LVSPORTSBIZ.com

Scot Rutledge – Argentum Partners (cannabis guy)

Bret Holmes – Advanced Management Group (apartment guy)

________________________________________________________________________________

Q: What gives you the most positive thoughts for 2019?

A: Matthew Vance – Across all sectors, vacancy rates are low. No sectors will have a supply overhang. See sustained growth.

A: John Guedry – Demand and growth. Growth has created demand. Helped vacancy rates and rental rates.

A: Alan Snel – Sports related. Very bullish. Raiders Stadium going to drive everything. Legalization of sports betting will be huge for NCAA basketball tournament. E-Sports is going to be one of the hottest topics. Football stadium driving events that haven’t been here before. Investment in new events is key.

A: Bret Holmes – We are going to be good past 2020. There is a lot of buyers vs. sellers in housing market. Occupancy higher. Overall 2019 we will continue to keep growing.

A: Scot Rutledge – Nevada’s implementation of cannabis is gold standard for industry. Half a Billion Dollars in retail sales. 10,000+ new jobs. 69 new licenses for dispensaries in Nevada. Social use venues need to be addressed. He thinks 2019 to 2020 we will start seeing these venues.

Q: What is most likely to keep you awake at night?

A: Matthew Vance – The way policy makers react to volatility in the market. He wants to see FED stay strong to interest rates.

A: Alan Snel – Growth that is too fast could stress some new teams in terms of payback on these large venues.

A: Scot Rutledge – How industry continues to grow. Smaller industry. Doubling the size of retail piece. Slow growth is better than too fast.

A: Bret Holmes – Staffing. Finding good quality people is tough to find.

A: John Guedry – Politics over policy as it relates to consumer confidence. Human capital of economic diversification plan is going to be a challenge and will limit the success of this plan. Cyber security keeps him awake at night.

Q: Let’s talk about the Washington political scene.

A: Matthew Vance – Tax and jobs act has had a muted impact on overall economy. On the consumer side, he is seeing higher take home pay and he spends it. At the corporate level, lots of stock buy backs and non-simulative actions. Increased financial regulation will limit liquidity and overall stock of wealth. Infrastructure spending needs to be focused. Airports are king. No trains. Driverless cars will make trains obsolete.

A: John Guedry – This flows into a lot of areas. When we were entering recession, financial reform was fixed by guys who sat on the board of banking legislation. Limitations on lending beyond capital < 1% capital on hand. Good for small banks, not good for well-run banks. Mega companies who do everything – the too big to fail companies – are not good. A lot of these banks failed because of bad leadership at the top. The recent tax reform had a muted effect with the exception of consumers. Corporations should have pushed money to consumers but some used it for stock buy backs. The new tax plan didn’t fix the problem. How do we lower rates and truly make significant change? We need to fix that first. Project Neon will solve a lot of traffic problems huge kudos to those responsible for the local infrastructure investment.

A: Scot Rutledge – Not good overall. 50/50 we get some things done. In the end we need to end federal prohibition on cannabis. Publicly traded companies going into this market. Professionals in the market now and it is big business.

A: Don Snyder – Uncertainty in the political environment is frustrating.

Q: Emerging markets as it relates to sports. What is your feeling on it?

A: Alan Snel – Golden Knights huge success. Changed how the entertainment interacts with the community. Changed the entertainment between periods – rock show type experience. Raiders have huge brand loyalty. Professional soccer start in downtown in LV where 7-10 fans are from Hispanic community. He is guessing that the NBA will be here in 2023. MLB going to be tough as public subsidies are running dry.

A: John Guedry – For top companies, there’s not a single city in the U.S. whose headquarters doesn’t have an NFL team. Golden Knights executed playbook perfectly. Rooted themselves here in Vegas. Bought homes and engaged in community. Continued growth of professional sports will only help LV. Jeremy Aguero did a forecast on the Raiders Stadium. He assumed $1 Billion in new revenue from stadium business. The bond is paid by non-locals via room tax and he thinks that the $1 Billion number could be much larger.

A: Scot Rutledge – Development of Raiders stadium is exciting. Professional athletes and cannabis will see more partnerships.

A: Bret Holmes – As it relates to multi-family, large institutional investors wouldn’t invest in markets without a professional sports team. This was a big criteria for a lot of them so we are seeing more investment for the big players.

A: Don Snyder – Believes that the stadium is the missing link to a more robust visitor volume. Stadium is 65,000+ seats will attract new events. Impact of visitor volume will have a tremendous impact on economy. Sports and Entertainment Capital of the World. UNLV creating an International Sports Center.

Q: Will we see larger companies start a national consolidation in the cannabis industry?  

A: Scot Rutledge – Absolutely. When these companies can fully trade in the US markets, there will be a huge investment in capital into the industry. We are starting to see it now in Canada.

A: Alan Snel – Tick Segerblom says there will be a pot lounge at the Raiders stadium. Tick is a huge proponent of the cannabis industry.

A: Scot Rutledge – IREM invited him to talk about effect on CRE. He has a client that is doubling the size of their cultivation square footage from 25,000SF to 50,000SF just to meet current demand. We need to update local codes as some areas of town are not willing to have these type uses. Landlords are not willing to lease to users. Federal issues are also contributing to this but we will see more change in CRE.

A: Matthew Vance – CBRE publicly traded. Lot of brokers want to participate in industry. Brokers can’t participate because it would be aiding and abating a felony. However, CRE effect was minimal in Denver because these cultivation properties went into building no one wanted anyway and this industry had a immaterial effect on CRE.

A: John Guedry –If landlords have less than 50% of income coming from weed sources, some banks are now accepting landlord deposits from cannabis tenants. He sees that publicly traded companies will be able to accept deposits in the future. Banking industry wants to see this issue solved. In interim, challenges still occur. Payments in cash is a huge risk. He gives a very qualified yes to accepting landlord deposits with additional information.

Q: What about the smell of cannabis?

A: Scot Rutledge – Cultivation areas are out of the major areas like Apex. Smoking weed everywhere is a nuisance. We need to fix the consumption problem with social use venues.

Q: How is the apartment market – what can we see ahead?

A: Matthew Vance – Southwest states will see increase in Population. Las Vegas’ share will be 75 new houses per day for next 5 years. 27,000 new households every year for the next 5 years.

A: Bret Holmes – Affordability. Only new developments are A class units. We need to solve affordability. Supply and demand are well balanced. Lots of intelligent lending. Big determining factor is seeing the Raiders Stadium done, demand will continue, and he doesn’t see a slowdown for several years.

A: Matthew Vance – He disagreed with Brett. He said supply is going to be a problem. Continued growth will bode well for CRE. Multifamily will continue to see growth with greater number of people coming to city. Demand is going to swamp supply for several years and there will be an absolute shortage in mid-income/work force housing in huge short supply.

A: John Guedry – Seeing a lot more class A. Land cost is up. Material costs are up. Labor cost up. Affordable projects don’t pencil. Housing market rental rates are being driven up by institutional investors. Watch utility connections versus permits to get an insight in over supply. Cost to build and impact of single-family rents. We need to focus on how we make our market more diverse and see mid-level affordable projects. Construction defect could come back. Cost to build needs to come down so interest rates are in line with investment goals and then you will see more affordable multi-family housing.

A: Matthew Vance – Multifamily – if you want low prices, you need to back off demand and increase supply. You can’t have both.

Q: Retail is evolving – Amazon effect etc. Where do you see it going?

A: John Guedry – Banks are starting to shorten amortization schedule so properties are not over-leveraged. Destination type uses is what they are lending on. Restaurants, auto centers, movie theaters. Trying to understand where retail is evolving is tough to call and out of his forte.

A: Matthew Vance – e-commerce effect is very real. It is growing. It’s not even 10% of retail sales. It is having an impact. Forcing retailers to evolve to the changing consumers. Amazon effect is strongest on the industrial buildings; not retail buildings. The next disruption will be in the grocery space with the adoption of online grocery store chains. Adoption of this category will dramatically change the market. Huge demand now for vertical cold storage. Whole Foods and Kroger positioning themselves to do more online grocery sales.

Q: Jobs – Overall market trends, changes we see happening and how technology is affecting job market.

A: Matthew Vance – LV is seeing movement of companies more than previous cycles. Companies are chasing talent. CRE expenses are low on the list. Employment/talent is king. $1 in savings for labor is $16 equivalent to rents in CRE. LV is positioned in a better way. When you have low employment, it is a hindrance. LV has a higher unemployment than other mature markets who came out of the Great Recession prior to LV. His forecast sees continued job growth. Firms can come to Nevada because a higher unemployment and their ability to find a workforce.

A: John Guedry – Agree with Matt. 24-hour work force here bodes well against other markets. Challenge is that we don’t stack up well against other markets. Post-secondary education is at 20% in Nevada where other markets are much much higher. What sectors should we be growing in? Healthcare. Nevada could be a renewable energy exporter; solar and wind in the south; geothermal in the north. How do we get the workforce to obtain these jobs? These Jobs provide skill sets to that our employment doesn’t offer right now. Hold legislators accountable to put cannabis money into schools as it was intended.

Q: Healthcare. Where are we at in that regard? We are way behind where do we need to be?

A: Matthew Vance – Healthcare will be the foremost sector for growth. Medical office/community live work play situations.

A: Don Snyder – Said that Kansas City area has two university schools of medicine who graduate 200-250 doctors per year. Our school will graduate 60. We are way behind. School is very important to our economy and meeting the needs of our community.

Q: Should we be worried about a recession?

A: Matthew Vance – Yes. Consider Japan. They haven’t seen a recession in years and have stagnant growth. We want quick recession and have companies come out leaner. Consumer spending/consumer confidence is pushing GPD growth right now. He is anticipating a very shallow 2021 recession.

A: Alan Snel – Economic diversity. LV is an interesting market to crack regarding sports. 300,000 people already here In Feb. Is a Super Bowl good for us adding even more people during this time of year? Youth and amateurs sport an interesting view and what our venues have to offer. Major league sports are expensive. We need to tap the breaks a little on the professional sports.

A: Scot Rutledge – We are going to see some interesting things in 2020. Younger tourists – nightlife going through a shift. Cannabis lounges will be interesting. Outdoor recreation in Southern Nevada. Experiential tourism. Last in first out. Not worried about recession.

A: Bret Holmes – 2020-2021 will be weaker. Nothing in 2019. From multi-family perspective, they are preparing for lower rents and are expecting a shallow reset.

A: John Guedry – Hard to predict recessions. LV has been through 5 recessions since 1984. First 4, easy. We learned a lot from the last one but we haven’t fully recovered from recession as we haven’t even reached a peak. We are flat. $14B worth of projects along Strip. Massive. A lot of jobs. Positive, we didn’t recover all construction jobs which is good, so we didn’t depend on this segment of the economy now. We will be less impacted than other markets. He feels positive about where we are currently. Feels like we are in the 5th inning and we will feel it differently than other markets.

A: Don Snyder – Political risk needs to be watched.

Q: How does professional sport affect UNLV?

A: Alan Snel – UNLV is moving into the Raiders stadium. They will feel pressure to have more success again. We need to see more success to attract top recruits.

Q: Politics. Legislation is going back into session and Nevada going blue. What is the effect?

A: Scot Rutledge – We have moderate Democrat in Governor’s office. He called it the “3rd term of Brian Sandoval.” Sisolak will be smart about top priorities (education and healthcare). Sisolak is pro-business as commissioner and will continue to be as governor. Southern Nevada sitting pretty right now.

A: Bret Holmes – Affordable housing needs to be a focus in this session.

Q: Technologies like open door – when will it be in CRE?

A: Matthew Vance – Its coming now. We need to see narratives about industry change on how brokers do business.

Brought to you by:

RSS Feed provided by theBrokerList Blog - Are you on theBrokerList for commercial real estate (cre)? and Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel was written by Hayim Mizrachi CCIM, MDL Group.

Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel published first on https://greatlivinghomespage.tumblr.com/

[jamieclawhorn]

Should you buy this FTSE 100 giant for its massive 7% dividend yield?

Shares in tobacco group Imperial Brands (LSE: IMB) currently yield 7% on a forward basis, making the company one of the best income stocks in the FTSE 100. The question is, does this market-beating dividend yield make the stock a good buy for your portfolio? Today I’m going to take a look. 

Out of favour 

Generally speaking, when a stock is trading at a deep discount to the broader market, it is a signal that investors believe the company in question has serious problems. So, it is vital to establish what’s driving sentiment.

Shares in Imperial are currently trading at a forward P/E of just 10.6, compared to the global tobacco sector average of 14.6. They also support a dividend yield of 7%, which is more than double the market median of 3.3%.

The way I see it, two large shadows are overhanging the group — the well-documented decline of smoking and Imperial’s sluggish response to this threat. 

While the company’s peers have been investing heavily in so-called reduced-risk tobacco products (such as heat-not-burn cigarettes), Imperial has been concentrating its efforts on products like electronic cigarettes. The market for these products isn’t small (there were around 3m users of electronic cigarettes in the UK last year), but in contrast to larger peers, Imperial’s spending on diversification has been limited, which is leading some analysts to voice concerns about the group’s long-term outlook. 

Still, concerns that the tobacco industry is on the rocks are nothing new. For the past four decades, tobacco sales have been in decline, but companies have only become more profitable by using tricks such as increasing prices and shortening cigarettes to improve margins. 

Imperial is no exception. Analysts expect earnings per share to rise to 270p for 2019, up from 183p for 2017. If the company hits these targets (and based on its recent trading updates there’s no reason to believe it won’t), analysts think there is scope to increase the dividend 10% per annum for the next two years, giving a dividend of 204p per share or a yield of 7.1% by 2019. With dividend cover of 1.3 times, despite concerns about the firm’s outlook, I believe the dividend is here to stay. 

Imperial’s dividend looks to me to be sustainable, but one distribution I’m not so sure about is that of FTSE 100 peer SSE (LSE: SSE). 

Reward vs. risk

At the time of writing, shares in SSE support a dividend yield of 7.6%. For 2019, analysts have pencilled in a modest 3.1% increase, which indicates a forward yield of 7.8% is on offer. However, unlike Imperial, which has operations around the world and an operating profit margin of nearly 8%, SSE’s business is located primarily in the UK, and its profit margin of 4.4% (for fiscal 2018) is tightly controlled by regulators. 

I’m always wary of becoming involved with companies that either depend on income from, or are regulated strictly by, the government. Politics can be unpredictable and doesn’t necessarily mix well with business. Recent calls from politicians to nationalise the rail and utility industries are great examples. 

With this being the case, yes the shares in SSE might be cheap (forward P/E of 10.6) but I believe this valuation does not make up for the risks and uncertainties surrounding the business. Imperial offers a similar level of income with a much more attractive risk/reward profile in my opinion.

Getting Rich Slowly

It’s easy to make a million by using a simple strategy such as tracking the FTSE 100 and letting your money work for you. Unfortunately, most investors ‘over-trade’ and, as a result, their returns suffer significantly…

To help you avoid this key mistake, the Motley Fool has put together this free report entitled “The Worst Mistakes Investors Make”. These mistakes can cost you thousands over your investing career but the best part is, this report is free to download.

Click here to get your copy today.

More reading

Why Pearson is a FTSE 100 stock that could help you quit your job

Why I’d shun this FTSE 250 dividend and buy this FTSE 100 6% yielder instead

Why a 10% fall could mark the right time to buy into the ASOS share price

Rupert Hargreaves owns shares in Imperial Brands. The Motley Fool UK has recommended Imperial Brands. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

[my-daark-paradisee-blog]

Fabulous Business Start-Up Suggestions For The Metropolis Girl Who Is On A Budget!

How to conserve marriage assistance is available through marriage counselors and through couples who may have achieved achievement in their relationships. It is fantastic to know that expert pointers can easily be bought through consultants, books in addition to classes.

Identity Cloning: This is a growing issue. The crook uses your own information to start out a new life as you. The particular thief is generally an illegitimate immigrant, a new criminal staying away from arrest, people whose lives are actually at risk, or people today wanting a fresh start on life with a brand new credit history.

Virginia tech vs . Kansas(Miami, Florida)- Okay isn't this just one of the best matchups. Virginia Tech astonished a lot of people the 2009 weekend conquering Matt Thomas and Birkenstock boston College, nevertheless the Hokies are not any slouch by any means. The only problem with this matchup is the fact that Kansas is still not necessarily impressing any person even with the one loss to be able to Missouri. The only real other leading #25 group they have defeated is Kansas State which was in week 6 of the season. Not to mention typically the Jayhawks haven't played good on the road although they've a winner it was not against a team of Virginia Tech's stature.

The market industry is hot and you choose to take a few chips off the table with regard to diversification. You could be thinking of heading off in four years, but a consolidation is occurring in your industry and valuations are usually up 20%. Sell in the top and sign the four year employment or even consulting contract. The odds are usually that if you exit on your authentic schedule, value will have settled back down for the norm.

Finding the perfect home needs a lot of foot work. If you want a house that truly meets you needs, you must be willing to look at several different properties. Deciding to choose between five domiciles may result in a poor choice. Instead make an effort and look at any properties that come close to meeting your preferences. This means that you come closer to locating the perfect home.

The Wolfpack suffered the first damage on Saturday at Creighton, but is hoping to bounce back in Wednesday's 8 p. m. competition against the alma mater of radio stations broadcaster Tanker Kinas.

NOTE: Are you currently a writer based in Long Beach? Please contact me. I'm going to start doing a group of profiles of local authors and I have to know who you are!

[jhickoryhomedepot-blog]

POST 4: SWOT

STRENGTHS:

-          Leaderships : The company has had successful CEO’s in the company that have understood how to keep the company running while saving costs while still providing the best customer satisfaction.

-          Productivity : one of the leaders in productivity as they are the leader for modernization for supply chains as having more warehouses than their competitors. They also make more average revenue per square foot than their competitors because they do not add new revenues but instead enhance existing.  

-          Diversification: they have so much product in every aspect of repairing, maintaining and updating one’s home that the customer can come in and buy everything under one house.

-          High Quality Service – Home Depot is really big on making sure that every customer is treated fairly and properly no matter what.

-          Strong Brand Image : The company has been around for awhile and they have been very well at positioning their brand to hit the correct targets and such.

-          Market Leadership: the marketing section of this company seems to always be ahead. The stores tend to get the promotional items about a quarter ahead of plan.

WEAKNESSES:

-          Macroeconomic Conditions : dependence on the elements of the macroeconomic conditions which is considered to be a risk as the company is just barely able to keep their head up with their close ties to the macroeconomic conditions.

-          High debt levels : the company’s debt keeps rising which would hold back the company’s ability to expand to other areas if wanted to.

-          Limited supply chain – The company has a smaller pool of vendors to where they can get their product from.

-          Imitable Business format

-          Dependence of the US Market – majority of the revenue that the company gets is in the US and so it is dependent on the US more than its counterparts of Canada and Mexico.

OPPORTUNITIES:

-          International expansion: the company tried to expand worldwide starting in china but it didn’t really work out all that too well. They could try to expand again which would help out a lot with their debt that they have to pay off.

-          Macroeconomic Factors: The company has stores in Canada and Mexico so with the US dollar increasing strength then the dollar differences.

-          Weather Related Issues: Home Depot’s sales tend to peak higher when the weather is much more fair to work in. Usually when the conditions are too rough or an extreme weather had happened then the sales would drop. If home depot could keep the sales up even in the weather then they will be better.

-          Macroeconomic Fundamentals and Dotcom Sales – the company is not pushing the online portion of their sales as much as they should.

-          Competition: In today’s game you don’t have the typical store vs store competition but now we have the online retail stores that Home Depot has to compete against now with as well.

THREATS

-          Online Stores: Amazon and Ebay have been a huge competitor for many retailers.

-          Substitutes

-          Economic Slowdown – Whenever the economy slows down then so will the home depot it tends to follow with the area depending on the expansion of local economies or the result of how the local economy is doing.

 RECOMMENDATIONS

1. To expand their company past the North American borders

2.  TO really push their online sales so that way it will cut some of the tension off of the local stores and possibly even boost the sales of the local sales.

3. TO become a leader in their supply chain so that way they can get ahead of the curve and by doing that they would be able to stay ahead of the competition and try to deliver their product much quicker.

 CITATIONS

-          Home Depot: Strengths, Weaknesses, Opportunities, and Threats

Great Speculations - https://www.forbes.com/sites/greatspeculations/2015/10/06/home-depot-strengths-weaknesses-opportunities-and-threats/3/#4012de8f147d

-          Home Depot SWOT Analysis & Recommendations

Edward Ferguson - http://panmore.com/home-depot-swot-analysis-recommendations

[altekmediagroup]

2019 best year for selling your business

2019 Could be the best year ever for selling your business

Over the past several weeks, I’ve been asked by several business owners whether they should sell their businesses in 2019 or hold off until 2020 or 2021. I told them, “Do not wait”. One of the biggest mistakes business owners make is postponing the sale of their businesses in hopes of selling at a higher price at some time in the future. More often than not, they mistime the market. No one can accurately predict with any degree of certainty what the market will look like in two to three years. Even today, some experts predict that we are headed for a recession sometime during 2019 through 2021. I do not believe the pessimists. The “Index of Leading Economic Indicators”, the best predictors of the fundamental strength of the economy, strongly suggests that at least in the short term, the next 12 months to 18 months, shy of a major geopolitical event like 9-11, the economy will stay strong. As small and medium-sized businesses embrace a strengthening economy, there is another reason for entrepreneurs to be optimistic. It is a seller’s market. Some advisors say it’s the best M&A market they have ever seen, certainly in recent years. Even small business owners who aren’t yet ready to retire are looking to take advantage of this robust M&A environment. In the Pepperdine Private Capital Market Study, business advisors state that seller sentiment hasn’t been this high in the past five-years. My colleagues tell me that many active buyers are working on multiple deals simultaneously which have not been seen in past years – or, at least, not at the volume we are seeing today in the lower-middle market. Separate research reported in Forbes Magazine, confirmed those findings. According to Forbes published a few months ago, nearly one-third of small business owners plan to sell their businesses within the next two years. The majority of business buyers – 84 percent – plan to buy in the next year. I am advising our clients, if their companies are prepared to go to market, sell now! You may not get another chance like this for another five to seven years. Valuations are high and buyers are paying premiums for well-run companies. However, business owners shouldn’t rush to sell their businesses simply because the market is strong. Analysts insist that to maximize value, business owners must prepare their business for sale before going to market. Buyers have become much more cautious and sophisticated in their due diligence processes since the Great Recession of 2008-2009. Today, 15 major areas that buyers look at closely when examining a company to purchase are the company’s: Historical financial statements and related financial metrics, as well as the reasonableness of the target’s financial projections of its future performance; Technology/intellectual property; Customer base, its concentration and sales pipeline; Strategic fit with the buyer’s organization (cultural); Contracts and commitments to suppliers, employees, contractors, lenders and senior management; Past, present and potential future litigation; Tax matters and understanding of any tax-loss carryforwards; Governance documents and general corporate matters; Overall operations and its cybersecurity protocols; Related party transactions; Regulatory filings and compliance issues; Production/sourcing/suppliers and related matters for products and services offered by the target company; Marketing and sales strategies and agreements related to the sales of the company’s products and services. Competitive landscape and market analysis of the industry sector the target company serves; and, SWOT (strengths, weaknesses, opportunities and threats) analysis; Since buyers will slice-and-dice numbers every way possible to understand the business and any problems, risks and opportunities going forward, sellers can prepare their companies by putting themselves through the same due diligence process as buyers do to shore up the “soft underbelly” of the companies. It is always better to identify any “warts” in a business before going to market, versus during a buyer’s due diligence process. No one likes surprises. If buyers discover problems during the due diligence review, that was not disclosed by the seller in advance, it will usually cost the seller significantly. I recommend to clients during the preparation to sell their businesses, that they understand two major metrics about their businesses: (1) A valuation of their business conducted by an independent certified valuation firm so they don’t over price or underprice their businesses and, (2) A benchmarking study focusing on how they stack up against competitors in their industry. A comprehensive benchmarking study can focus on the due diligence items listed above. Both of these analyses and studies will point out key performance areas that are strong and/or could be problematic in the transaction process. One new issue that is hurting some sellers in closing their transactions is their inability to attract new talent and retain current employees in this environment of record-low unemployment. In a separate report from Wells Fargo and Gallup published a couple of months ago, nearly one-fifth of small business owners cited hiring new staff and retaining current employees as their biggest challenge. Some experts note that the struggle to hire new talent is squeezing businesses’ organic growth efforts, making companies less attractive to buyers. Given this current labor shortage environment, I am recommending to some of our clients that they consider inorganic growth (acquisition strategies) vs. organic growth only (build from within) as a part of their overall exit plan. A smart acquisition, such as purchasing a competitor’s well-run company, can add significant enterprise value, and therefore add significant shareholder value. In today’s market a solid acquisition, rolled up into your current company’s operations, can add more diversification, lower your risk profile and generate increased revenues and earnings. Regardless of which strategies are employed, now is a good time to plan your exit strategies and prepare your company for sale. I remind them that “a bird in hand is worth two in the bush”.

Gary Miller CEO. GEM Strategy Management 970.390.4441 gmiller@gemstrategymanagement.com gemstrategymanagement.com), Learn More ...       Key Words Business Insights, Business, Insights, Altek Media Group, Altek, Media, Video, video, film, near me, the Best, production, online, magazine, strategy, digital, marketing, blogging, social media, funnel, Brand, Content Management System, logistics, Lean, manufacturing, CEO, infograhics, instagram, facebook, linked in, google, Key Performance Indicator, Automation, Optimization, exit planning, Public relations, Advanced, Agile, oem, smart, supply chain, Net Neutrality, Big Data, Data Mining, Actionable Analytics, Artificial Intelligence, Machine Learning, Personalization, Voice Recognition, Chatbots, Augmented Reality, Virtual Reality, Smart Factory, Industry 4.0, Quantum Computing, BlockChain, Technological Unemployment, Digital, benchmarking, flexable, Kaizen, prototyping, robotics, six sigma   Read the full article

[altekmediagroup]

2019 best year for selling your business

2019 Could be the best year ever for selling your business

Over the past several weeks, I’ve been asked by several business owners whether they should sell their businesses in 2019 or hold off until 2020 or 2021. I told them, “Do not wait”. One of the biggest mistakes business owners make is postponing the sale of their businesses in hopes of selling at a higher price at some time in the future. More often than not, they mistime the market. No one can accurately predict with any degree of certainty what the market will look like in two to three years. Even today, some experts predict that we are headed for a recession sometime during 2019 through 2021. I do not believe the pessimists. The “Index of Leading Economic Indicators”, the best predictors of the fundamental strength of the economy, strongly suggests that at least in the short term, the next 12 months to 18 months, shy of a major geopolitical event like 9-11, the economy will stay strong. As small and medium-sized businesses embrace a strengthening economy, there is another reason for entrepreneurs to be optimistic. It is a seller’s market. Some advisors say it’s the best M&A market they have ever seen, certainly in recent years. Even small business owners who aren’t yet ready to retire are looking to take advantage of this robust M&A environment. In the Pepperdine Private Capital Market Study, business advisors state that seller sentiment hasn’t been this high in the past five-years. My colleagues tell me that many active buyers are working on multiple deals simultaneously which have not been seen in past years – or, at least, not at the volume we are seeing today in the lower-middle market. Separate research reported in Forbes Magazine, confirmed those findings. According to Forbes published a few months ago, nearly one-third of small business owners plan to sell their businesses within the next two years. The majority of business buyers – 84 percent – plan to buy in the next year. I am advising our clients, if their companies are prepared to go to market, sell now! You may not get another chance like this for another five to seven years. Valuations are high and buyers are paying premiums for well-run companies. However, business owners shouldn’t rush to sell their businesses simply because the market is strong. Analysts insist that to maximize value, business owners must prepare their business for sale before going to market. Buyers have become much more cautious and sophisticated in their due diligence processes since the Great Recession of 2008-2009. Today, 15 major areas that buyers look at closely when examining a company to purchase are the company’s: Historical financial statements and related financial metrics, as well as the reasonableness of the target’s financial projections of its future performance; Technology/intellectual property; Customer base, its concentration and sales pipeline; Strategic fit with the buyer’s organization (cultural); Contracts and commitments to suppliers, employees, contractors, lenders and senior management; Past, present and potential future litigation; Tax matters and understanding of any tax-loss carryforwards; Governance documents and general corporate matters; Overall operations and its cybersecurity protocols; Related party transactions; Regulatory filings and compliance issues; Production/sourcing/suppliers and related matters for products and services offered by the target company; Marketing and sales strategies and agreements related to the sales of the company’s products and services. Competitive landscape and market analysis of the industry sector the target company serves; and, SWOT (strengths, weaknesses, opportunities and threats) analysis; Since buyers will slice-and-dice numbers every way possible to understand the business and any problems, risks and opportunities going forward, sellers can prepare their companies by putting themselves through the same due diligence process as buyers do to shore up the “soft underbelly” of the companies. It is always better to identify any “warts” in a business before going to market, versus during a buyer’s due diligence process. No one likes surprises. If buyers discover problems during the due diligence review, that was not disclosed by the seller in advance, it will usually cost the seller significantly. I recommend to clients during the preparation to sell their businesses, that they understand two major metrics about their businesses: (1) A valuation of their business conducted by an independent certified valuation firm so they don’t over price or underprice their businesses and, (2) A benchmarking study focusing on how they stack up against competitors in their industry. A comprehensive benchmarking study can focus on the due diligence items listed above. Both of these analyses and studies will point out key performance areas that are strong and/or could be problematic in the transaction process. One new issue that is hurting some sellers in closing their transactions is their inability to attract new talent and retain current employees in this environment of record-low unemployment. In a separate report from Wells Fargo and Gallup published a couple of months ago, nearly one-fifth of small business owners cited hiring new staff and retaining current employees as their biggest challenge. Some experts note that the struggle to hire new talent is squeezing businesses’ organic growth efforts, making companies less attractive to buyers. Given this current labor shortage environment, I am recommending to some of our clients that they consider inorganic growth (acquisition strategies) vs. organic growth only (build from within) as a part of their overall exit plan. A smart acquisition, such as purchasing a competitor’s well-run company, can add significant enterprise value, and therefore add significant shareholder value. In today’s market a solid acquisition, rolled up into your current company’s operations, can add more diversification, lower your risk profile and generate increased revenues and earnings. Regardless of which strategies are employed, now is a good time to plan your exit strategies and prepare your company for sale. I remind them that “a bird in hand is worth two in the bush”.

Gary Miller CEO. GEM Strategy Management 970.390.4441 gmiller@gemstrategymanagement.com gemstrategymanagement.com), Learn More ...       Key Words Business Insights, Business, Insights, Altek Media Group, Altek, Media, Video, video, film, near me, the Best, production, online, magazine, strategy, digital, marketing, blogging, social media, funnel, Brand, Content Management System, logistics, Lean, manufacturing, CEO, infograhics, instagram, facebook, linked in, google, Key Performance Indicator, Automation, Optimization, exit planning, Public relations, Advanced, Agile, oem, smart, supply chain, Net Neutrality, Big Data, Data Mining, Actionable Analytics, Artificial Intelligence, Machine Learning, Personalization, Voice Recognition, Chatbots, Augmented Reality, Virtual Reality, Smart Factory, Industry 4.0, Quantum Computing, BlockChain, Technological Unemployment, Digital, benchmarking, flexable, Kaizen, prototyping, robotics, six sigma   Read the full article

[cleancutpage]

Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel

This post originally appeared on MDL Group's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.

By Robert Perkins, CPM – Director | Property Management Services – MDL Group

I attended the 2019 IREM | CCIM Forecast event January 17, 2019. Below are my notes from the event for those who are interested and were not able to attend. Overall, it was a great program that provided relevant economic perspectives from some serious industry players on what’s happening to Las Vegas in 2019 and beyond. Enjoy!

Barbara Crane, CCIM is the current CCIM National President. Barbara opened the program with a few remarks.

– She spoke about strong economic fundamentals.

– She said there are plenty of new development opportunities.

– She stated that multifamily still the strongest sector of the market.

– She feels that interest rates are keeping folks out of houses which is a contributing factor driving multifamily growth.

– She feels that tech innovations are making economy stronger.

– She said the population/workforce growth in sunshine states like Nevada remain strong.

– She worries about government-imposed problems on us like tariffs and immigration. The conversation is a self-fulfilling prophecy for a slowdown in national economic activity.

– She warns that the new FASB accounting rules are a big negative. (FASB states that all tenants must recognize lease obligations on their balance sheets which they never did before.) Barbara feels that this may show a difference of debt to equity ratios of companies which could ultimately affect reporting to shareholders and adversely affect stock valuations. She also voiced a concern that tenants may want to shorten their leases obligations as a result which would adversely affect landlords as lenders may not understand it.

– Bottom Line: 2019 is going to be a great year. Volatility yes. Recession no.

The next speaker was the VP of IREM. Jolene Terry-Phinney, CPM

– She brought up IREM’s rebranding and focus on diversity and student scholars.

– She stated that they are forecasting 20,500 new real estate jobs by 2024.

– IREM is getting international! She said they have been pinning tons of new CPMs abroad.

Now for the goods….

Don Snyder, UNLV – Moderator

Matthew Vance – CBRE Economist

John Guedry – CEO Bank of Nevada

Alan Snel – LVSPORTSBIZ.com

Scot Rutledge – Argentum Partners (cannabis guy)

Bret Holmes – Advanced Management Group (apartment guy)

________________________________________________________________________________

Q: What gives you the most positive thoughts for 2019?

A: Matthew Vance – Across all sectors, vacancy rates are low. No sectors will have a supply overhang. See sustained growth.

A: John Guedry – Demand and growth. Growth has created demand. Helped vacancy rates and rental rates.

A: Alan Snel – Sports related. Very bullish. Raiders Stadium going to drive everything. Legalization of sports betting will be huge for NCAA basketball tournament. E-Sports is going to be one of the hottest topics. Football stadium driving events that haven’t been here before. Investment in new events is key.

A: Bret Holmes – We are going to be good past 2020. There is a lot of buyers vs. sellers in housing market. Occupancy higher. Overall 2019 we will continue to keep growing.

A: Scot Rutledge – Nevada’s implementation of cannabis is gold standard for industry. Half a Billion Dollars in retail sales. 10,000+ new jobs. 69 new licenses for dispensaries in Nevada. Social use venues need to be addressed. He thinks 2019 to 2020 we will start seeing these venues.

Q: What is most likely to keep you awake at night?

A: Matthew Vance – The way policy makers react to volatility in the market. He wants to see FED stay strong to interest rates.

A: Alan Snel – Growth that is too fast could stress some new teams in terms of payback on these large venues.

A: Scot Rutledge – How industry continues to grow. Smaller industry. Doubling the size of retail piece. Slow growth is better than too fast.

A: Bret Holmes – Staffing. Finding good quality people is tough to find.

A: John Guedry – Politics over policy as it relates to consumer confidence. Human capital of economic diversification plan is going to be a challenge and will limit the success of this plan. Cyber security keeps him awake at night.

Q: Let’s talk about the Washington political scene.

A: Matthew Vance – Tax and jobs act has had a muted impact on overall economy. On the consumer side, he is seeing higher take home pay and he spends it. At the corporate level, lots of stock buy backs and non-simulative actions. Increased financial regulation will limit liquidity and overall stock of wealth. Infrastructure spending needs to be focused. Airports are king. No trains. Driverless cars will make trains obsolete.

A: John Guedry – This flows into a lot of areas. When we were entering recession, financial reform was fixed by guys who sat on the board of banking legislation. Limitations on lending beyond capital < 1% capital on hand. Good for small banks, not good for well-run banks. Mega companies who do everything – the too big to fail companies – are not good. A lot of these banks failed because of bad leadership at the top. The recent tax reform had a muted effect with the exception of consumers. Corporations should have pushed money to consumers but some used it for stock buy backs. The new tax plan didn’t fix the problem. How do we lower rates and truly make significant change? We need to fix that first. Project Neon will solve a lot of traffic problems huge kudos to those responsible for the local infrastructure investment.

A: Scot Rutledge – Not good overall. 50/50 we get some things done. In the end we need to end federal prohibition on cannabis. Publicly traded companies going into this market. Professionals in the market now and it is big business.

A: Don Snyder – Uncertainty in the political environment is frustrating.

Q: Emerging markets as it relates to sports. What is your feeling on it?

A: Alan Snel – Golden Knights huge success. Changed how the entertainment interacts with the community. Changed the entertainment between periods – rock show type experience. Raiders have huge brand loyalty. Professional soccer start in downtown in LV where 7-10 fans are from Hispanic community. He is guessing that the NBA will be here in 2023. MLB going to be tough as public subsidies are running dry.

A: John Guedry – For top companies, there’s not a single city in the U.S. whose headquarters doesn’t have an NFL team. Golden Knights executed playbook perfectly. Rooted themselves here in Vegas. Bought homes and engaged in community. Continued growth of professional sports will only help LV. Jeremy Aguero did a forecast on the Raiders Stadium. He assumed $1 Billion in new revenue from stadium business. The bond is paid by non-locals via room tax and he thinks that the $1 Billion number could be much larger.

A: Scot Rutledge – Development of Raiders stadium is exciting. Professional athletes and cannabis will see more partnerships.

A: Bret Holmes – As it relates to multi-family, large institutional investors wouldn’t invest in markets without a professional sports team. This was a big criteria for a lot of them so we are seeing more investment for the big players.

A: Don Snyder – Believes that the stadium is the missing link to a more robust visitor volume. Stadium is 65,000+ seats will attract new events. Impact of visitor volume will have a tremendous impact on economy. Sports and Entertainment Capital of the World. UNLV creating an International Sports Center.

Q: Will we see larger companies start a national consolidation in the cannabis industry?  

A: Scot Rutledge – Absolutely. When these companies can fully trade in the US markets, there will be a huge investment in capital into the industry. We are starting to see it now in Canada.

A: Alan Snel – Tick Segerblom says there will be a pot lounge at the Raiders stadium. Tick is a huge proponent of the cannabis industry.

A: Scot Rutledge – IREM invited him to talk about effect on CRE. He has a client that is doubling the size of their cultivation square footage from 25,000SF to 50,000SF just to meet current demand. We need to update local codes as some areas of town are not willing to have these type uses. Landlords are not willing to lease to users. Federal issues are also contributing to this but we will see more change in CRE.

A: Matthew Vance – CBRE publicly traded. Lot of brokers want to participate in industry. Brokers can’t participate because it would be aiding and abating a felony. However, CRE effect was minimal in Denver because these cultivation properties went into building no one wanted anyway and this industry had a immaterial effect on CRE.

A: John Guedry –If landlords have less than 50% of income coming from weed sources, some banks are now accepting landlord deposits from cannabis tenants. He sees that publicly traded companies will be able to accept deposits in the future. Banking industry wants to see this issue solved. In interim, challenges still occur. Payments in cash is a huge risk. He gives a very qualified yes to accepting landlord deposits with additional information.

Q: What about the smell of cannabis?

A: Scot Rutledge – Cultivation areas are out of the major areas like Apex. Smoking weed everywhere is a nuisance. We need to fix the consumption problem with social use venues.

Q: How is the apartment market – what can we see ahead?

A: Matthew Vance – Southwest states will see increase in Population. Las Vegas’ share will be 75 new houses per day for next 5 years. 27,000 new households every year for the next 5 years.

A: Bret Holmes – Affordability. Only new developments are A class units. We need to solve affordability. Supply and demand are well balanced. Lots of intelligent lending. Big determining factor is seeing the Raiders Stadium done, demand will continue, and he doesn’t see a slowdown for several years.

A: Matthew Vance – He disagreed with Brett. He said supply is going to be a problem. Continued growth will bode well for CRE. Multifamily will continue to see growth with greater number of people coming to city. Demand is going to swamp supply for several years and there will be an absolute shortage in mid-income/work force housing in huge short supply.

A: John Guedry – Seeing a lot more class A. Land cost is up. Material costs are up. Labor cost up. Affordable projects don’t pencil. Housing market rental rates are being driven up by institutional investors. Watch utility connections versus permits to get an insight in over supply. Cost to build and impact of single-family rents. We need to focus on how we make our market more diverse and see mid-level affordable projects. Construction defect could come back. Cost to build needs to come down so interest rates are in line with investment goals and then you will see more affordable multi-family housing.

A: Matthew Vance – Multifamily – if you want low prices, you need to back off demand and increase supply. You can’t have both.

Q: Retail is evolving – Amazon effect etc. Where do you see it going?

A: John Guedry – Banks are starting to shorten amortization schedule so properties are not over-leveraged. Destination type uses is what they are lending on. Restaurants, auto centers, movie theaters. Trying to understand where retail is evolving is tough to call and out of his forte.

A: Matthew Vance – e-commerce effect is very real. It is growing. It’s not even 10% of retail sales. It is having an impact. Forcing retailers to evolve to the changing consumers. Amazon effect is strongest on the industrial buildings; not retail buildings. The next disruption will be in the grocery space with the adoption of online grocery store chains. Adoption of this category will dramatically change the market. Huge demand now for vertical cold storage. Whole Foods and Kroger positioning themselves to do more online grocery sales.

Q: Jobs – Overall market trends, changes we see happening and how technology is affecting job market.

A: Matthew Vance – LV is seeing movement of companies more than previous cycles. Companies are chasing talent. CRE expenses are low on the list. Employment/talent is king. $1 in savings for labor is $16 equivalent to rents in CRE. LV is positioned in a better way. When you have low employment, it is a hindrance. LV has a higher unemployment than other mature markets who came out of the Great Recession prior to LV. His forecast sees continued job growth. Firms can come to Nevada because a higher unemployment and their ability to find a workforce.

A: John Guedry – Agree with Matt. 24-hour work force here bodes well against other markets. Challenge is that we don’t stack up well against other markets. Post-secondary education is at 20% in Nevada where other markets are much much higher. What sectors should we be growing in? Healthcare. Nevada could be a renewable energy exporter; solar and wind in the south; geothermal in the north. How do we get the workforce to obtain these jobs? These Jobs provide skill sets to that our employment doesn’t offer right now. Hold legislators accountable to put cannabis money into schools as it was intended.

Q: Healthcare. Where are we at in that regard? We are way behind where do we need to be?

A: Matthew Vance – Healthcare will be the foremost sector for growth. Medical office/community live work play situations.

A: Don Snyder – Said that Kansas City area has two university schools of medicine who graduate 200-250 doctors per year. Our school will graduate 60. We are way behind. School is very important to our economy and meeting the needs of our community.

Q: Should we be worried about a recession?

A: Matthew Vance – Yes. Consider Japan. They haven’t seen a recession in years and have stagnant growth. We want quick recession and have companies come out leaner. Consumer spending/consumer confidence is pushing GPD growth right now. He is anticipating a very shallow 2021 recession.

A: Alan Snel – Economic diversity. LV is an interesting market to crack regarding sports. 300,000 people already here In Feb. Is a Super Bowl good for us adding even more people during this time of year? Youth and amateurs sport an interesting view and what our venues have to offer. Major league sports are expensive. We need to tap the breaks a little on the professional sports.

A: Scot Rutledge – We are going to see some interesting things in 2020. Younger tourists – nightlife going through a shift. Cannabis lounges will be interesting. Outdoor recreation in Southern Nevada. Experiential tourism. Last in first out. Not worried about recession.

A: Bret Holmes – 2020-2021 will be weaker. Nothing in 2019. From multi-family perspective, they are preparing for lower rents and are expecting a shallow reset.

A: John Guedry – Hard to predict recessions. LV has been through 5 recessions since 1984. First 4, easy. We learned a lot from the last one but we haven’t fully recovered from recession as we haven’t even reached a peak. We are flat. $14B worth of projects along Strip. Massive. A lot of jobs. Positive, we didn’t recover all construction jobs which is good, so we didn’t depend on this segment of the economy now. We will be less impacted than other markets. He feels positive about where we are currently. Feels like we are in the 5th inning and we will feel it differently than other markets.

A: Don Snyder – Political risk needs to be watched.

Q: How does professional sport affect UNLV?

A: Alan Snel – UNLV is moving into the Raiders stadium. They will feel pressure to have more success again. We need to see more success to attract top recruits.

Q: Politics. Legislation is going back into session and Nevada going blue. What is the effect?

A: Scot Rutledge – We have moderate Democrat in Governor’s office. He called it the “3rd term of Brian Sandoval.” Sisolak will be smart about top priorities (education and healthcare). Sisolak is pro-business as commissioner and will continue to be as governor. Southern Nevada sitting pretty right now.

A: Bret Holmes – Affordable housing needs to be a focus in this session.

Q: Technologies like open door – when will it be in CRE?

A: Matthew Vance – Its coming now. We need to see narratives about industry change on how brokers do business.

Brought to you by:

RSS Feed provided by theBrokerList Blog - Are you on theBrokerList for commercial real estate (cre)? and Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel was written by Hayim Mizrachi CCIM, MDL Group.

Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel published first on https://greatlivinghomespage.tumblr.com/

[cleancutpage]

Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel

This post originally appeared on MDL Group's Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.

By Robert Perkins, CPM – Director | Property Management Services – MDL Group

I attended the 2019 IREM | CCIM Forecast event January 17, 2019. Below are my notes from the event for those who are interested and were not able to attend. Overall, it was a great program that provided relevant economic perspectives from some serious industry players on what’s happening to Las Vegas in 2019 and beyond. Enjoy!

Barbara Crane, CCIM is the current CCIM National President. Barbara opened the program with a few remarks.

– She spoke about strong economic fundamentals.

– She said there are plenty of new development opportunities.

– She stated that multifamily still the strongest sector of the market.

– She feels that interest rates are keeping folks out of houses which is a contributing factor driving multifamily growth.

– She feels that tech innovations are making economy stronger.

– She said the population/workforce growth in sunshine states like Nevada remain strong.

– She worries about government-imposed problems on us like tariffs and immigration. The conversation is a self-fulfilling prophecy for a slowdown in national economic activity.

– She warns that the new FASB accounting rules are a big negative. (FASB states that all tenants must recognize lease obligations on their balance sheets which they never did before.) Barbara feels that this may show a difference of debt to equity ratios of companies which could ultimately affect reporting to shareholders and adversely affect stock valuations. She also voiced a concern that tenants may want to shorten their leases obligations as a result which would adversely affect landlords as lenders may not understand it.

– Bottom Line: 2019 is going to be a great year. Volatility yes. Recession no.

The next speaker was the VP of IREM. Jolene Terry-Phinney, CPM

– She brought up IREM’s rebranding and focus on diversity and student scholars.

– She stated that they are forecasting 20,500 new real estate jobs by 2024.

– IREM is getting international! She said they have been pinning tons of new CPMs abroad.

Now for the goods….

Don Snyder, UNLV – Moderator

Matthew Vance – CBRE Economist

John Guedry – CEO Bank of Nevada

Alan Snel – LVSPORTSBIZ.com

Scot Rutledge – Argentum Partners (cannabis guy)

Bret Holmes – Advanced Management Group (apartment guy)

________________________________________________________________________________

Q: What gives you the most positive thoughts for 2019?

A: Matthew Vance – Across all sectors, vacancy rates are low. No sectors will have a supply overhang. See sustained growth.

A: John Guedry – Demand and growth. Growth has created demand. Helped vacancy rates and rental rates.

A: Alan Snel – Sports related. Very bullish. Raiders Stadium going to drive everything. Legalization of sports betting will be huge for NCAA basketball tournament. E-Sports is going to be one of the hottest topics. Football stadium driving events that haven’t been here before. Investment in new events is key.

A: Bret Holmes – We are going to be good past 2020. There is a lot of buyers vs. sellers in housing market. Occupancy higher. Overall 2019 we will continue to keep growing.

A: Scot Rutledge – Nevada’s implementation of cannabis is gold standard for industry. Half a Billion Dollars in retail sales. 10,000+ new jobs. 69 new licenses for dispensaries in Nevada. Social use venues need to be addressed. He thinks 2019 to 2020 we will start seeing these venues.

Q: What is most likely to keep you awake at night?

A: Matthew Vance – The way policy makers react to volatility in the market. He wants to see FED stay strong to interest rates.

A: Alan Snel – Growth that is too fast could stress some new teams in terms of payback on these large venues.

A: Scot Rutledge – How industry continues to grow. Smaller industry. Doubling the size of retail piece. Slow growth is better than too fast.

A: Bret Holmes – Staffing. Finding good quality people is tough to find.

A: John Guedry – Politics over policy as it relates to consumer confidence. Human capital of economic diversification plan is going to be a challenge and will limit the success of this plan. Cyber security keeps him awake at night.

Q: Let’s talk about the Washington political scene.

A: Matthew Vance – Tax and jobs act has had a muted impact on overall economy. On the consumer side, he is seeing higher take home pay and he spends it. At the corporate level, lots of stock buy backs and non-simulative actions. Increased financial regulation will limit liquidity and overall stock of wealth. Infrastructure spending needs to be focused. Airports are king. No trains. Driverless cars will make trains obsolete.

A: John Guedry – This flows into a lot of areas. When we were entering recession, financial reform was fixed by guys who sat on the board of banking legislation. Limitations on lending beyond capital < 1% capital on hand. Good for small banks, not good for well-run banks. Mega companies who do everything – the too big to fail companies – are not good. A lot of these banks failed because of bad leadership at the top. The recent tax reform had a muted effect with the exception of consumers. Corporations should have pushed money to consumers but some used it for stock buy backs. The new tax plan didn’t fix the problem. How do we lower rates and truly make significant change? We need to fix that first. Project Neon will solve a lot of traffic problems huge kudos to those responsible for the local infrastructure investment.

A: Scot Rutledge – Not good overall. 50/50 we get some things done. In the end we need to end federal prohibition on cannabis. Publicly traded companies going into this market. Professionals in the market now and it is big business.

A: Don Snyder – Uncertainty in the political environment is frustrating.

Q: Emerging markets as it relates to sports. What is your feeling on it?

A: Alan Snel – Golden Knights huge success. Changed how the entertainment interacts with the community. Changed the entertainment between periods – rock show type experience. Raiders have huge brand loyalty. Professional soccer start in downtown in LV where 7-10 fans are from Hispanic community. He is guessing that the NBA will be here in 2023. MLB going to be tough as public subsidies are running dry.

A: John Guedry – For top companies, there’s not a single city in the U.S. whose headquarters doesn’t have an NFL team. Golden Knights executed playbook perfectly. Rooted themselves here in Vegas. Bought homes and engaged in community. Continued growth of professional sports will only help LV. Jeremy Aguero did a forecast on the Raiders Stadium. He assumed $1 Billion in new revenue from stadium business. The bond is paid by non-locals via room tax and he thinks that the $1 Billion number could be much larger.

A: Scot Rutledge – Development of Raiders stadium is exciting. Professional athletes and cannabis will see more partnerships.

A: Bret Holmes – As it relates to multi-family, large institutional investors wouldn’t invest in markets without a professional sports team. This was a big criteria for a lot of them so we are seeing more investment for the big players.

A: Don Snyder – Believes that the stadium is the missing link to a more robust visitor volume. Stadium is 65,000+ seats will attract new events. Impact of visitor volume will have a tremendous impact on economy. Sports and Entertainment Capital of the World. UNLV creating an International Sports Center.

Q: Will we see larger companies start a national consolidation in the cannabis industry?  

A: Scot Rutledge – Absolutely. When these companies can fully trade in the US markets, there will be a huge investment in capital into the industry. We are starting to see it now in Canada.

A: Alan Snel – Tick Segerblom says there will be a pot lounge at the Raiders stadium. Tick is a huge proponent of the cannabis industry.

A: Scot Rutledge – IREM invited him to talk about effect on CRE. He has a client that is doubling the size of their cultivation square footage from 25,000SF to 50,000SF just to meet current demand. We need to update local codes as some areas of town are not willing to have these type uses. Landlords are not willing to lease to users. Federal issues are also contributing to this but we will see more change in CRE.

A: Matthew Vance – CBRE publicly traded. Lot of brokers want to participate in industry. Brokers can’t participate because it would be aiding and abating a felony. However, CRE effect was minimal in Denver because these cultivation properties went into building no one wanted anyway and this industry had a immaterial effect on CRE.

A: John Guedry –If landlords have less than 50% of income coming from weed sources, some banks are now accepting landlord deposits from cannabis tenants. He sees that publicly traded companies will be able to accept deposits in the future. Banking industry wants to see this issue solved. In interim, challenges still occur. Payments in cash is a huge risk. He gives a very qualified yes to accepting landlord deposits with additional information.

Q: What about the smell of cannabis?

A: Scot Rutledge – Cultivation areas are out of the major areas like Apex. Smoking weed everywhere is a nuisance. We need to fix the consumption problem with social use venues.

Q: How is the apartment market – what can we see ahead?

A: Matthew Vance – Southwest states will see increase in Population. Las Vegas’ share will be 75 new houses per day for next 5 years. 27,000 new households every year for the next 5 years.

A: Bret Holmes – Affordability. Only new developments are A class units. We need to solve affordability. Supply and demand are well balanced. Lots of intelligent lending. Big determining factor is seeing the Raiders Stadium done, demand will continue, and he doesn’t see a slowdown for several years.

A: Matthew Vance – He disagreed with Brett. He said supply is going to be a problem. Continued growth will bode well for CRE. Multifamily will continue to see growth with greater number of people coming to city. Demand is going to swamp supply for several years and there will be an absolute shortage in mid-income/work force housing in huge short supply.

A: John Guedry – Seeing a lot more class A. Land cost is up. Material costs are up. Labor cost up. Affordable projects don’t pencil. Housing market rental rates are being driven up by institutional investors. Watch utility connections versus permits to get an insight in over supply. Cost to build and impact of single-family rents. We need to focus on how we make our market more diverse and see mid-level affordable projects. Construction defect could come back. Cost to build needs to come down so interest rates are in line with investment goals and then you will see more affordable multi-family housing.

A: Matthew Vance – Multifamily – if you want low prices, you need to back off demand and increase supply. You can’t have both.

Q: Retail is evolving – Amazon effect etc. Where do you see it going?

A: John Guedry – Banks are starting to shorten amortization schedule so properties are not over-leveraged. Destination type uses is what they are lending on. Restaurants, auto centers, movie theaters. Trying to understand where retail is evolving is tough to call and out of his forte.

A: Matthew Vance – e-commerce effect is very real. It is growing. It’s not even 10% of retail sales. It is having an impact. Forcing retailers to evolve to the changing consumers. Amazon effect is strongest on the industrial buildings; not retail buildings. The next disruption will be in the grocery space with the adoption of online grocery store chains. Adoption of this category will dramatically change the market. Huge demand now for vertical cold storage. Whole Foods and Kroger positioning themselves to do more online grocery sales.

Q: Jobs – Overall market trends, changes we see happening and how technology is affecting job market.

A: Matthew Vance – LV is seeing movement of companies more than previous cycles. Companies are chasing talent. CRE expenses are low on the list. Employment/talent is king. $1 in savings for labor is $16 equivalent to rents in CRE. LV is positioned in a better way. When you have low employment, it is a hindrance. LV has a higher unemployment than other mature markets who came out of the Great Recession prior to LV. His forecast sees continued job growth. Firms can come to Nevada because a higher unemployment and their ability to find a workforce.

A: John Guedry – Agree with Matt. 24-hour work force here bodes well against other markets. Challenge is that we don’t stack up well against other markets. Post-secondary education is at 20% in Nevada where other markets are much much higher. What sectors should we be growing in? Healthcare. Nevada could be a renewable energy exporter; solar and wind in the south; geothermal in the north. How do we get the workforce to obtain these jobs? These Jobs provide skill sets to that our employment doesn’t offer right now. Hold legislators accountable to put cannabis money into schools as it was intended.

Q: Healthcare. Where are we at in that regard? We are way behind where do we need to be?

A: Matthew Vance – Healthcare will be the foremost sector for growth. Medical office/community live work play situations.

A: Don Snyder – Said that Kansas City area has two university schools of medicine who graduate 200-250 doctors per year. Our school will graduate 60. We are way behind. School is very important to our economy and meeting the needs of our community.

Q: Should we be worried about a recession?

A: Matthew Vance – Yes. Consider Japan. They haven’t seen a recession in years and have stagnant growth. We want quick recession and have companies come out leaner. Consumer spending/consumer confidence is pushing GPD growth right now. He is anticipating a very shallow 2021 recession.

A: Alan Snel – Economic diversity. LV is an interesting market to crack regarding sports. 300,000 people already here In Feb. Is a Super Bowl good for us adding even more people during this time of year? Youth and amateurs sport an interesting view and what our venues have to offer. Major league sports are expensive. We need to tap the breaks a little on the professional sports.

A: Scot Rutledge – We are going to see some interesting things in 2020. Younger tourists – nightlife going through a shift. Cannabis lounges will be interesting. Outdoor recreation in Southern Nevada. Experiential tourism. Last in first out. Not worried about recession.

A: Bret Holmes – 2020-2021 will be weaker. Nothing in 2019. From multi-family perspective, they are preparing for lower rents and are expecting a shallow reset.

A: John Guedry – Hard to predict recessions. LV has been through 5 recessions since 1984. First 4, easy. We learned a lot from the last one but we haven’t fully recovered from recession as we haven’t even reached a peak. We are flat. $14B worth of projects along Strip. Massive. A lot of jobs. Positive, we didn’t recover all construction jobs which is good, so we didn’t depend on this segment of the economy now. We will be less impacted than other markets. He feels positive about where we are currently. Feels like we are in the 5th inning and we will feel it differently than other markets.

A: Don Snyder – Political risk needs to be watched.

Q: How does professional sport affect UNLV?

A: Alan Snel – UNLV is moving into the Raiders stadium. They will feel pressure to have more success again. We need to see more success to attract top recruits.

Q: Politics. Legislation is going back into session and Nevada going blue. What is the effect?

A: Scot Rutledge – We have moderate Democrat in Governor’s office. He called it the “3rd term of Brian Sandoval.” Sisolak will be smart about top priorities (education and healthcare). Sisolak is pro-business as commissioner and will continue to be as governor. Southern Nevada sitting pretty right now.

A: Bret Holmes – Affordable housing needs to be a focus in this session.

Q: Technologies like open door – when will it be in CRE?

A: Matthew Vance – Its coming now. We need to see narratives about industry change on how brokers do business.

Brought to you by:

RSS Feed provided by theBrokerList Blog - Are you on theBrokerList for commercial real estate (cre)? and Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel was written by Hayim Mizrachi CCIM, MDL Group.

Takeaways – FORECAST 2019 IREM | CCIM Palms Hotel published first on https://greatlivinghomespage.tumblr.com/