Advantages of Multi-Family Real Estate Investments

Based in Michigan, Craig Comer manages multiple franchise operations, from My Salon Suite to Mosquito Joe. With a focus on investments, Craig Comer has an extensive knowledge of Michigan property markets and seeks out multi-family real estate opportunities.

Centered on apartment buildings or complexes with more than a single rentable space, multi-family properties tend to be significantly more expensive than single-family homes. Despite often running into the millions of dollars, large residential complexes are typically relatively easy to finance. This has to do with the fact that banks and other real estate lenders are more inclined to approve loans for multi-family properties than for their single-family counterparts.

With multiple tenants in place, cash flow can be projected from month to month. Even if a family moves out and a unit remains empty for an extended period, the presence of other rent paying tenants means that cash flow will continue and not dry up completely. With single family rentals in a soft market, the departure of just one tenant can result in complete vacancy and an urgent scramble to replace rental income.

Managing 20 units within a multi-family complex is also more efficient than overseeing a portfolio of 20 residential homes. Shared utilities, infrastructure, and common areas means that a single maintenance undertaking can resolve a major issue for multiple tenants. Aspects of property management such as expense allocation, property taxes, and accounting also become much simpler when units occupy a single property. Another major advantage of multi-family investments is that there are more opportunities for fractional ownership and the pooling of investment resources. Such investment companies often do not require any hands-on property management at all in order to receive dividends from the property.

from WordPress https://ift.tt/3pEwh0T
via IFTTT

Trout Fly Fishing in Michigan

Michigan entrepreneur Craig Comer owns multiple apartment units in Ohio and Michigan. He is also a franchisee of Mosquito Joe and My Salon Suite. Outside of work, Craig Comer enjoys spending time with his family and engaging in outdoor activities such as fly fishing.

With thousands of miles of cold water coastline inhabited by trout, Michigan is a nationally recognized fly fishing destination. Trout are at home in many lakes and cold water streams. They inhabit undercut banks and deep pools, and when the water is colder they swim close to the surface. The trout diet consists of small fish, terrestrials, and an assortment of flies.

For fly fishing, one popular trout species is the brown trout, which is found in streams on overcast or rainy days. Suggested fishing locations include Pere Marquette and Au Sable Rivers. Brook trout is another popular species found under log covers and in deep holes and numerous streams, and is abundant throughout northern Michigan. Rainbow trout is another favorite that inhabits various streams. Connecting with local fly shops close to a river can lead to good information on when and where to engage in fly fishing.

from WordPress https://ift.tt/3o82xZA
via IFTTT

Presidential Memoirs - A Tradition

Based in Michigan, Craig Comer focuses his professional efforts on real estate investment and the management of Mosquito Joe franchises. An avid reader of nonfiction, Craig Comer particularly enjoys learning about history. He regularly visits presidential museums and libraries in Michigan and beyond.

One unique form of nonfiction associated with the American president is the memoir. With the noteworthy exception of George H. W. Bush, nearly all of those who have led the country since World War II have penned full-length works about their lives and time in the presidency. The most recent of these was Barack Obama’s A Promised Land, which saw publication in December of 2020.

As noted in the New York Times, the book came out nearly four years after the end of Obama’s presidency, which represented the longest wait, after the author left office, for any presidential memoir. Reasons for this lengthy delay included its 800-page length and the fact that the work was written in the traditional format of pen and ink. Moreover, Obama did not keep a consistent diary while in office, as Jimmy Carter did, and which Carter fruitfully used as a basis for Keeping Faith.

While Bill Clinton’s memoir was even longer than Obama's, it benefited from an approach in which the former president sat down with a historian and foreign policy speechwriter, and was interviewed. This oral narrative was then transcribed and edited.

Other presidents, including Ronald Reagan and Lyndon Johnson, had the benefit of working with aides and ghostwriters, who helped them craft their works. While Obama had aides help him with research aspects of the project, his publisher, Crown, noted that he wrote the actual prose on his own. After Obama's, the memoir that took the longest in coming out was Richard Nixon’s RN; this reflected the fact that the former president was also busy working through litigation stemming from Watergate. 

MY SALON Suite Establishes My Suite Stores for Members

A Michigan entrepreneur from Milford, Craig Comer owns two franchise businesses, Mosquito Joe and MY SALON Suite. He has been operating the businesses located in Southeast Michigan since 2013 and 2015, respectively. In his role as owner of My SALON Suite, Craig Comer oversees 80 salon members and has received awards for his work as a franchisee.

Originally started in New Orleans, Louisiana, MY SALON Suite was created to build a community among hair stylists and others in the salon industry who lived and worked in the area, by providing them with space to build their businesses. In December 2020, MY SALON Suite announced that it would be launching My Suite Stores for its members.

Going through My Suite Store, MY SALON Suite members can purchase a variety of products via a convenient online shopping platform. The tool aims to improve efficiency for stylists and allow them to focus on managing their salons and creating great professional relationships with their clients.

Some of the products that can be purchased at the My Suite Store site include Barbicide, foils, gloves, and capes. Members can also buy popular items from their favorite brands. The site also has plans for seasonal sale events during the year.