Family Office Real Estate Blog

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Check out my latest Forbes article!! For Family Offices, preservation of wealth is the most important thing and real estate can help #realestate   #familyoffices   #familyoffice   #singlefamilyoffice   #djvankeuren   #commercialrealestate   #investmentproperties   #realestatedevelopment  

Jim Collins, famous author of the mega-bestseller Good to Great , once suggested that instead of to-do lists, we should make "stop-doing" lists. Because in obsessing over to-do lists full of things that don't really matter, we spend less time saying yes to the things that do. Here are seven things the most successful people say no to on a regular basis. Perhaps you should too? 1. They say no to opportunities and things that don't excite them, speak to their values, or further their mission in life. 2. They say no to superficial networking events in which people swap business cards and never hear from one another. Why? Because successful people don't network. They build relationships. 3. They say no to spending time with uninspiring, critical, or negative people who drag them down. Time is precious -- choo

So “family offices” are increasing, but are they??  What is the classification of a family office?   From spending the last five years working for a family office, I think I can tell you.  An this is not just from my understanding but from seasoned veterans who were in this space before anyone outside of the “club” ever heard the word family offices. $250MM in assets and they not only have investments to deal with (which I like to call the hard side (investment side) but also the soft side which deals with the family issues.     Governance, generational issues, tax planning, legal planning, internal family issues per se.   All of the things great wealth can bring outside the investment side. Outside of the net worth number ($250MM), I also think you can distinguish if they are a real family office by asking the question.   Are investments made from a company checkbook or the personal checkbook of the family??    If it is from the business side, then that is not from a famil

In my last two blogs, I went through why family offices are not investing in opportunity zones…………….at least to the extent that everyone thought they would be.    So who are the ones who are investing in these real estate opportunities?   That is the institutions and the high net worth individuals.    But I see a problem coming down the road with these high net worth investors.     I don’t think they know what is coming down the pike in the next seven years.   Let me give you an example.    So I have $500K in capital gains that I invest.   Well, in year 5, 10% of my capital gains are forgiven.   In another two years another 5%.   So in total, 15% is forgiven on the $500K, which is a total of 75K.    So now I am left with a tax bill of $425K.   So where is that money going to come from for them to pay the taxes????   Remember these are high net worth investors, not family office type capital.    Now some sponsors say “well we will refinance and they will be able to use that money”    W

To set you on the right course, take a coaching lesson from Buffett himself. He once walked his personal pilot through a life-changing exercise in goal-setting that's since become popular in productivity and career circles. It's a simple, three-step process to set boundaries, say no to distractions, and home in on success. It goes like this: 1. Write down a list of your top 25 career goals. 2. Circle the five most important goals that truly speak to you. These are your most urgent goals. Now here's the real kicker. 3. Completely eliminate the other 20 goals you have listed. Just cross them off, despite if they