Stan Pearson

⚖️ 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐋𝐢𝐞𝐧 𝐋𝐚𝐰𝐬 𝐢𝐧 𝐒𝐞𝐥𝐟-𝐒𝐭𝐨𝐫𝐚𝐠𝐞: 𝐄𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥 𝐟𝐨𝐫 𝐀𝐮𝐜𝐭𝐢𝐨𝐧 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐋𝐞𝐠𝐚𝐥 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬: At 3 Mile Storage Management, we stress the critical importance of understanding and adhering to your state-specific lien laws when conducting auctions for delinquent units. The auction process is a sensitive legal matter, and being well-versed in these laws is key to protecting your business and ensuring a lawful and fair auction process. 𝐒𝐭𝐚𝐲𝐢𝐧𝐠 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐟𝐨𝐫 𝐑𝐢𝐬𝐤 𝐌𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧: Each state has its own set of regulations governing self-storage auctions, and non-compliance can lead to legal complications and damage to your facility’s reputation. 📜 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐋𝐢𝐞𝐧 𝐋𝐚𝐰𝐬 𝟏. 𝐋𝐞𝐠𝐚𝐥 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: Ensures that your auction process adheres to state laws, minimizing legal risks. 𝟐. 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐭 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬: Builds trust with your customers and the public by conducting fair and lawful auctions. 𝟑. 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐏𝐫𝐨𝐜𝐞𝐬𝐬: Understanding lien laws helps streamline the auction process, efficiently clearing delinquent units for new rentals. 👣 𝐀𝐜𝐭𝐢𝐨𝐧 𝐈𝐭𝐞𝐦: 𝐄𝐝𝐮𝐜𝐚𝐭𝐞 𝐚𝐧𝐝 𝐔𝐩𝐝𝐚𝐭𝐞 𝐨𝐧 𝐋𝐢𝐞𝐧 𝐋𝐚𝐰𝐬  𝐒𝐭𝐚𝐲 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐭: Regularly review and stay updated on your state’s lien laws. Train your team on these regulations to ensure that every auction is conducted legally and ethically. 🔐 𝐂𝐨𝐧𝐝𝐮𝐜𝐭𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐭 𝐚𝐧𝐝 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬 𝐍𝐞𝐞𝐝 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞 𝐨𝐧 𝐋𝐢𝐞𝐧 𝐋𝐚𝐰𝐬 𝐚𝐧𝐝 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬? If you’re navigating the complexities of self-storage lien laws and want to ensure your auctions are conducted correctly, connect with me at www.3milestorage.com. We can provide the expertise and support needed to manage this aspect of your business smoothly and compliantly.

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Focus. Discipline. Inspiration. These are the key ingredients to success in the real estate industry, and they can all be found within the pages of a good book. Don't settle for quick summaries - immerse yourself in these must-reads for real estate agents! Read this week's blog post for my 6 best real estate book recommendations now: https://lnkd.in/gwZYTtzX

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https://lnkd.in/eywdM72N Real estate investment is a popular avenue for building wealth, but deciding between commercial and residential properties can be complex. Each type of property comes with its unique set of benefits and drawbacks, impacting your investment strategy and potential returns. What is Commercial Real Estate? Commercial real estate includes properties used for business activities, such as office buildings, retail spaces, industrial warehouses, and large apartment complexes. Here are some essential points to consider: Benefits of Commercial Real Estate - Higher Rental Income: Commercial properties typically offer higher rental income than residential properties. - Long-Term Leases: Commercial leases often span several years, ensuring a stable income stream and less frequent tenant turnover. - Triple Net Leases: Many commercial leases require tenants to cover property taxes, insurance, and maintenance, reducing the landlord's financial burden. - Professional Tenants: Business tenants generally maintain a professional relationship with landlords, which can simplify management. Drawbacks of Commercial Real Estate - Significant Initial Investment: Purchasing commercial properties usually requires a substantial amount of capital. - Economic Sensitivity: Commercial properties are more susceptible to economic fluctuations, which can impact occupancy rates and rental income. - Complex Management: Managing commercial properties can be more demanding and often necessitates specialized knowledge. - Financing Hurdles: Obtaining financing for commercial properties can be more challenging, with higher down payment requirements. What is Residential Real Estate? Residential real estate includes single-family homes, condominiums, townhouses, and smaller multi-unit properties. Here are some key aspects to consider: Benefits of Residential Real Estate - Lower Entry Barrier: The initial cost of investing in residential properties is generally lower, making it accessible to more investors. - Consistent Demand: Housing is a basic need, ensuring a steady demand for residential properties. - Easier Financing: Residential properties often come with more accessible financing options and lower interest rates. Drawbacks of Residential Real Estate - Lower Rental Income: Residential properties generally yield lower rental income compared to commercial properties. - Higher Turnover: Residential leases tend to be shorter, resulting in more frequent tenant turnover and higher vacancy rates. - Maintenance Responsibilities: Landlords are usually responsible for maintenance and repairs, which can be costly and time-consuming. #RealEstateInvestment #CommercialRealEstate #ResidentialRealEstate #InvestmentStrategy #WealthBuilding #PropertyInvestment #RealEstateTips #FinancialFreedom #RealEstateMarket #InvestmentOpportunities

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#Investing in #realestate can diversify your portfolio and build #wealth over time. Reach out to us for insights on #investment opportunities in the local #market. #PawaRealtor #nassau #longisland #suffolk #newyork #nassaubahamas #queens #brooklyn #nyc #suffolkcounty #realestate #manhattan #longislandny

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If you are looking to invest into a real estate property, DO NOT rely on a real estate agent to handle your home inspection for you. If there is a structural flaw with the property or another major issue, you as the prospective homeowner should be aware of it yourself. Learn to manage your own home inspection today: https://lnkd.in/gHFmJ5nK #realestate #investing #homeinspections #navigatehomes #homebuying

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For agents adapting to evolving market dynamics, community is the cornerstone of success. In the ever-evolving real estate landscape, where technology and trends shape the industry’s trajectory, one aspect remains timeless: the importance of community. As top real estate agents navigate the intricacies of the US market, recent insights from Sarah Friar, CEO of Nextdoor, shed light on the pivotal role of neighborhood connections and community engagement. https://hubs.ly/Q02DH8Rx0 #RealEstate #CommunityEngagement #NeighborhoodConnections #RealEstateAgents #AuthenticMarketing #CommunityActivists #RealEstateTips

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“Placing a high value on the health and well-being of building occupants not only benefits individuals but also serves the interests of businesses and fosters a more sustainable and thriving future for all.”   Learn more about the future of building occupants’ health and wellness in this thought leadership piece by Sustainability Lead, Christy Ip > https://lnkd.in/g-6j7ia7 #ESG #wellness #Sustainability

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In the competitive landscape of real estate, every connection counts. A study by NAR revealed that agents with earnings over $100,000 annually saw a third of their business coming from referrals by past clients, with another 34% from repeat business. This level of success hinges on one critical factor: maintaining consistent communication with clients. But here's the challenge: the hustle of the industry often means that valuable contacts slip through the cracks. In a city like Nashville, where residents move on average every 7 years, the opportunity for repeat business is immense—but only if you remain top of mind. Enter byPareto. Our platform ensures that you never miss a beat with your client base. We automate the personal touch that your clients expect, from timely greetings to market insights that matter to them. Pareto is more than a tool; it's your strategic ally in turning every client into a lifelong business opportunity. With Pareto's innovative system: ✅ No client is ever forgotten. ✅ Every special occasion is an opportunity to reconnect. ✅ Market changes become seamless conversation starters. ✅ We do the work for you ✅ Your clients will begin reaching out to you In a world where the personal touch is becoming increasingly scarce, Pareto brings it to the forefront of your business strategy. Pareto is like having a personal marketing assistant for a fraction of the cost. Let's make sure that when it's time for your Nashville clients to make their next move, you're the one they call. 🔑 #RealEstate #ClientRetention #NashvilleHomes #RelationshipMarketing #Pareto #NeverMissAnOpportunity

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A reminder that the BEST of Home Staging, Real Estate, and Design nominations are happening now! Nominate yourself or deserving colleague! You do not have to be a member of the International Association of Home Staging Professionals to submit or to be recognized. Learn more on the IAHSP.com site under the Find an Event tab. 👏🏆 #homestaging #realestate #design #recognition #bestofthebest #iahspworldwide

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Unlock the Secrets to Successful Construction & Renovation Loans Overcome Common Challenges and Maximize Your Real Estate ROI! Prepare Thoroughly 👉Craft a comprehensive project plan with detailed budgets, timelines, and contingency plans to meet lender requirements and avoid delays. Work with Experienced Lenders 👉Choose lenders who specialize in construction and renovation loans. Their expertise will help you navigate the unique challenges these projects present. Ensure Strong Credit and Financials 👉Strengthen your credit score and maintain healthy financial statements to secure more favorable loan terms. Negotiate Flexible Terms 👉Aim for loan terms that offer flexibility, such as adaptable disbursement schedules, to better manage potential project delays. Monitor Project Progress Closely 👉Regularly check in with contractors and track expenses to ensure your project stays on schedule and within budget. Ready to Master Real Estate Financing? Follow me for expert advice and strategies to master your real estate investments! #RealEstateInvesting #ConstructionLoans #RenovationLoans #PrivateLender #Funding #Lending 

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SIOR Global membership isn’t just a credential—it’s a pathway to greater credibility, connections, and career growth in commercial real estate. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗖𝗿𝗲𝗱𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗦𝗜𝗢𝗥 is a globally recognized designation that signals top-tier expertise, reliability, and commitment. Clients and partners see the SIOR designation as a mark of quality and professionalism. 𝗣𝗼𝘄𝗲𝗿𝗳𝘂𝗹 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝗦𝗜𝗢𝗥 members are connected to a global network of industry leaders, facilitating access to potential business partners, clients, and collaboration opportunities across markets. 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗦𝗜𝗢𝗥 offers members exclusive market research, data, and trend analysis, empowering them to make well-informed decisions and provide clients with valuable, timely insights. 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 With continuous learning opportunities, including specialized training, webinars, and events, 𝗦𝗜𝗢𝗥 keeps members updated on the latest industry practices and innovations. 𝗥𝗲𝗹𝗶𝗮𝗯𝗹𝗲 𝗥𝗲𝗳𝗲𝗿𝗿𝗮𝗹 𝗦𝘆𝘀𝘁𝗲𝗺 𝗦𝗜𝗢𝗥 members benefit from a network of reliable referrals, often collaborating on national and international transactions, which can expand business opportunities and generate more leads. 𝗘𝘁𝗵𝗶𝗰𝘀 𝗮𝗻𝗱 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀 𝗦𝗜𝗢𝗥 promotes the highest standards of ethics and professionalism, enhancing members’ reputations and providing assurance to clients that they are working with a trusted professional. 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲 The 𝗦𝗜𝗢𝗥 designation provides a significant edge in a competitive industry, reinforcing a member’s standing as a leading professional in commercial and industrial real estate. #SIOR #CRE #CommercialRealEstate #ProfessionalDevelopment #Networking #MarketInsights #Leadership #RealEstateNetworking #ClientTrust

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