One of the strictest forms of commercial leases, an absolute net lease is when a tenant is not only responsible for the payment of the property or the space itself but also the taxes and insurance that come with it. This may also...
Latest Posts
3 Billionaire Client Examples
On a recent trip to India to speak at a couple of Family Office conferences, Richard recorded this video on 3 examples of billionaire clients our firm is currently working with. Hello, this is Richard Wilson, CEO of The Family...
Adjustments
When buying, selling, or refinancing a home, you will come across adjustments at the time of closing. These have to do with the money that the buyer and seller credit each other. Adjustments often include taxes and downpayment.
Active Income
This refers to a taxpayer's wages, salary, commissions, tips, and income from businesses and other activities and services that have participation. Active income signifies that you are physically doing something in order to...
Centimillionaire Investment Strategy Components
Hello. This is Richard C. Wilson, founder of The Family Office Club and Centimillionaire Advisors LLC. I’m coming to you from San Francisco today. We’ve got a couple hundred people upstairs here in the Hyatt behind me...
How to Get Started Raising Capital & Close Your First Investor
In the last 8 weeks, we have recorded 50 investor interviews, been serving our 200 investor clients, and have hosted a total of 2,000+ investment professionals live on our webinars, virtual investor panels, and zoom calls. During...
Accounting
Accounting in real estate is an essential function for cost planning, decision-making, and measurement of economic performance. It is the system of retrieving, recording, sorting, and summarizing all business and financial...
Apron
This is the area in an industrial building where trucks are parked for both loading and unloading. It is located within a truck court and is often paved with more durable material than the rest of the area. The purpose of this is...
Unquestionable Credibility and Authenticity
Richard C. Wilson shares on the importance of sharing genuine value when raising capital, and communicating credibility to the investors you are working with. Hello, this is Richard Wilson. I’m coming to you from our new...
Agglomeration Economies
This refers to the benefits in cost and savings that come about from efficiency gains associated with the concentration or clustering of firms, producers, people, or economic activities that have the ability to form a localized...
