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Normally you’ll see me write articles in this location of the newsletter pertaining specifically to commercial real estate. But there’s a book that’s come on the market that’s so profound, that focuses on how to reverse Type II diabetes and high blood glucose levels naturally, that I thought it was extremely important to tell you about the book.
If you’ve never heard the term “infill land”, it refers to land that’s located within highly developed areas. The land will typically be surrounded by buildings, and it will be one of very few remaining parcels of vacant land within the area.
We’ve been fortunate because in so many different areas within our nation, the economy has improved substantially from where it was during the Great Recession. But for those of us who have been through both up and down cycles within the economy, we know that a transition will be coming at sometime in the future.
If you’ve been paying attention to the official,reported rate of inflation, you’ve probably noticed something very strange going on. How is it that when we go to the supermarket to buy food, the prices have risen dramatically within recent years, and yet the reported rate of inflation is just a miniscule 2.4%?
When the U.S. Prime Rate rose to 21.5% back in 1980, the cost of both buying commercial property and refinancing it became very expensive. This was not a good time for the economy, and the fact that interest rates were so high back then greatly reduced people’s interest in buying commercial properties.
We’ve been fortunate because in so many different areas within our nation, the economy has improved substantially from where it was during the Great Recession. But for those of us who have been through both up and down cycles within the economy, we know that a transition will be coming at sometime in the future.
Property insurance is something that we traditionally insist on having in place on commercial properties that we own. The thought of potentially sustaining major damage to one
of our properties, and not being protected by insurance for the loss, would make most of us completely wince when thinking about it.
Here we are right now in the middle of 2018, and how are you doing at accomplishing your goals for the entire year? With this in mind, it may be wise to check in and see how you’re doing, to see if you’re still on track towards accomplishing all that you want in 2018.
Everyone has their own negotiating style, but what does your own style of negotiating really reveal about you? In addition, what can someone else’s negotiating style reveal to you about them, too, and can their style give you some clues as to whether or not you’d even want to do business with them?
Having good financing available is a major supporting factor in maintaining solid commercial real estate values. Whenever our economy is recovering from an economic downturn, the increased ease with which borrowers can then obtain loans, when combined with being able to buy property with a lower down payment, helps to increase both the demand and the excitement within buyers to own more property, which then helps to support and drive prices upward.