Archive for the ‘Uncategorized’ Category
Wednesday, September 1st, 2010
Business cycles in real estate generally last 3 to 5 years, in my opinon and observations. It seems as though the current down cycle we are in started around 3 years ago but we obviously are not yet out of it.
However, things seem to have tailed off and are most ...
Posted in Uncategorized | Comments Off on Is Real Estate Still a Good Invesment?
Tuesday, April 20th, 2010
Banks, you can't live with em and you can't live without em. At least in commercial real estate and in most business enterprises that altered old adage is true.
Something needs to break before the entire investment real estate community does. Never before have I seen a client turned down for ...
Posted in Uncategorized | Comments Off on Financing Commercial Real Estate
Monday, October 26th, 2009
The Broker was sailing along in his upscale German car on the way to an appointment that he thought would most likely result in a Listing on an office building he had been working on for months. Although usually dressed in business casual attire he had on a suit and dress ...
Posted in Uncategorized | Comments Off on Does Anybody Care About How a Building is Dressed?
Thursday, August 13th, 2009
In the past few weeks we have finally been reading positve news about the economy. No, things have not turned around but they seem to be "less" worse than they were. Job losses, while still approximately 350,000 last month were no longer over 1/2 million a month. Car sales were ...
Posted in Uncategorized | Comments Off on Are We There Yet?
Wednesday, July 15th, 2009
When the stock market took it's precipitous drop in value in the second half of 2008, it took all sorts of investors with it. The steep slide seemed to catch every type of investor by surprise. Sure there are tales of the odd investor who says he converted to cash ...
Posted in Uncategorized | Comments Off on Hope Springs Eternal!
Friday, April 24th, 2009
As of April, 2009, there is a great disparity between what a buyer wants to pay and what a seller wants to accept. I have never seen a gap as big as it is now. However, there are stil some buyers that want or need to purchase a property now ...
Posted in Uncategorized | Comments Off on Negotiating in a Tough Economy
Friday, April 24th, 2009
One of the more famous lines from movies that will stay with all of us is when Michael Douglas says in the movie "Wall Street" , "Greed is Good". In that movie and in that time frame maybe greed was good, at least for Douglas' character. He certainly seemed to live the good life.
However, for ...
Posted in Uncategorized | Comments Off on Greed Is Not Good In Recessions
Friday, March 27th, 2009
Life was so much easier in the old days, like 2006 or 2007 and maybe even the first 3 months of 2008. A good deal was when your offer was accepted by the Seller of the property. Your heart soared, flowers bloomed and everything was going well for the world.
Shift ...
Posted in Uncategorized | Comments Off on What's a Good Deal?
Thursday, January 15th, 2009
"I can't mpay my rent on time this month" is the beginning of many a conversation that that I have had in the past 2 or 3 months. The next sentences is something like: " my hours at work have been cut", "my business has fallen off dramatically" or "my ...
Posted in property management, Uncategorized | 2 Comments »
Monday, November 17th, 2008
We have a new President staring on January 20, 2009 and people have strong opinions about it one way or the other. Actually, it seems to me that the division is not nearly as much as it has been in the past 8 years. That is, even very conservative thinkers, ...
Posted in Uncategorized | Comments Off on A New Tomorrow, But What About Today