David LIndahl | The Lindahl Group

With many unknowns in the current real estate market, it can feel overwhelming. Concerns about the future leave many on edge.  The Urban Land Institute (ULI) and PwC US released the “ Emerging Trends in Real Estate® 2024 “ report, introducing “The Great Reset.” It speaks to how the industry must form new ‘norms’ and can no longer rely on the past to determine how the market will function going forward says, David Lindahl .   How can you proceed with confidence amidst all the unknowns?  With all this unpredictability, there is an invitation to stay informed and adopt adaptability. Despite inevitable fears of the future, a bigger picture holds promise and excitement – if you know how to look for it.  RE Mentor is here to help you navigate all the changes in the market. Here’s what to look forward to in real estate next year and how we can support you. Disruptors To Navigate In 2024 It’s no secret that the future of real estate is more unknown than ever. Ho...

When kids are learning about the world, pretty quickly they get a sense about what jobs are hard and easy, glamorous and boring, well-paying and not. When I was growing up, there was a conventional attitude that the smart kids from wealthy families would become doctors or lawyers. After all, their parents were doctors and lawyers, and they lived in the biggest houses in the best part of town. The occasional business owner had a mansion, but to me, that seemed even less attainable than those other fancy professions says, David Lindahl . I grew up around a business, but it was the opposite of glamorous. My grandmother owned a fish market, and my mom cut fish for many, many years. Dead fish are among my earliest memories.  Piecework I learned a term for the sort of work my mom did: piecework. You cut a fish, and get paid a few cents for that work. If you’re out sick, or have to care for a relative? Sorry, you didn’t produce today so you’re not getting paid. The same was true for peopl...

Investing in apartments can be a great way to build wealth, but it’s important to understand the risks before you invest. Here are some of the risks to consider, as well as some tips for mitigating them says  David Lindahl . One of the biggest risks of investing in apartments is that it can be expensive to purchase. This is because apartment complexes are typically large properties that require a significant investment. In addition, you may need to make repairs or renovations to the property before you can rent it out. Another risk of investing in apartments is that you may have to deal with tenant problems. This could include things like late rent payments, property damage, and evictions. It’s important to screen your tenants carefully and have a good understanding of the eviction process in your area. Finally, the value of your apartment complex is likely to fluctuate with the market. This means that you could lose money if the market goes down. It’s important to diversify your i...