This includes:
The ability to plan for all
kinds of scenarios i.e. Having breakfast delivered to the prop- erty when a snowstorm hits so residents do not have to go out.
Authority to go the extra mile for residents
i.e. Staff training specifically deals with how to anticipate problems and go out of their way to solve them. Providing detailed guidelines for what types of special requests should be entertained i.e. Carrying a parcel into the house on request is fine. Permitting children to swim unsupervised is not. CASE IN POINT The Ritz- Carlton famously allows every single employee to spend up to $2,000 a day per guest to delight them or fix a problem. Similarly, train your staff to anticipate problems before they happen and go out of their way to solve them.
They say success in business depends on who you know, and it’s certainly true in real estate. Private Money Lending Guide is here to help you build relationships with private money lenders who specialize in real estate investments, so you can take your business to the next level. BUILD RELATIONSHIPS WITH PRIVATE LENDERS.
Tap into educational resources to help you better understand the private lender requirements.
Access our free nationwide directory with direct access to private lenders.
Find the right private lender for your deal using our search functionality and search by loan amount, state, and loan type.
In high-end properties, catering to residents' specialized interests (like recording and video production) can help create loyal, long-term relationships.
Real Life Example: For one of the projects we worked on, we realized that there was a siz- able community of musicians in the neighborhood. We suggested building a recording studio (see above) in the building, where musicians could jam
INVISIBLE INVESTMENT #3 COMMUNITY Unique experiences may attract people, but a strong community is what makes them stay. Finding ways to build that community is what converts a building from a temporary residence to a home.
> Continued on :: PG 96
Build beneficial relationships with private lenders for your next real estate investment project!
Jeremy Brutus is the co-founder of URBN Playground, a boutique amenity management and consultancy firm located in New York City. Learn
more at urbnplayground.com or by emailing crystal@urbnplayground.com.
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40 | think realty magazine :: october 2018
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