Know This Before Investing in a Condo, Co-Op, or HOA Building with Tina Larsson, Ep. 565

Multifamily Insights

English - December 15, 2023 11:00 - 29 minutes - 40.6 MB - ★★★★★ - 207 ratings
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Previous Episode: Finding Hot Markets and Great Deals with Alix Kogan and Greg Bronson, Ep. 564

Next Episode: Maximizing Your Return on Impact and Effort with Axel Monsaingeon, Ep. 566

Tina Larsson is one half of the dynamic duo behind The Folson Group and is widely recognized as a leading financial consultant and efficiency expert for co-op and condo boards and building owners. Her firm has developed proprietary benchmarks, including data of operating costs and project costs for over 200 buildings, giving them a unique edge in the industry. Her clients have seen significant savings, with some buildings experiencing no maintenance increases for as long as 7 years. Their expertise in cost reduction and value enhancement has made them a go-to resource for many co-op and condo boards in the New York City area.

In this episode we talked to Tina about co-ops and condos, key things to consider before investing in places with a co-op/condo board, how the finances work with co-ops/condos, and Tina’s book “Living the High Life”.

Announcement: You can join the Apartment Investing Mastermind here for just $89/month.

Optimizing the Board;

00:00 Tina’s background;

05:03 Co-ops VS. Condos;

10:27 Key things to consider before investing in places with a co-op/condo board;

14:29 Finances in co-ops/condos;

18:08 Tina talks about her book;;

20:40 Being proactive with your co-op/condo board;

24:10 Round of insights

Announcement: Download Our Sample Deal and Join Our Mailing List

Round of Insights

Apparent Failure: Her experience in Wall Street.

Digital Resource: Asana.

Most Recommended Book: Never Eat Alone.

Daily Habit: Writing down three daily tasks the night before.

#1 Insight for Optimizing the Board: Run it like a business.

Best Place to Grab a Bite in Manhattan: The Boathouse.

Contact Tina:

https://www.thefolsongroup.com/

Click here to download Tina’s book “Living the High Life”.

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.