Loss Aversion and Commercial Real Estate
What gets you more excited: Netting $800 a month in rental income while increasing equity in a million-dollar property, or the possibility of losing $4,000 per month, due to an unanticipated vacancy? Decades of research suggest that it may not even be close.
Tifton North
Lee & Associates is offering an exceptional multi-parcel retail development in Tifton, GA in cooperation with William D Bowen.
Discovery Park of America Gala
There is a place in Northwest Tennessee that will blow your mind. It’s got a rocket ship, an airplane, frontier homes, a giant robot slide, train cars, a stuffed bear, dinosaurs, and much, much more.
Event Nights at Grandpa Bar
The Saturday after Valentine’s Day, my wife and I went to Grandpa Bar at Apex Marathon Village for a perfectly balanced variety show
Suburban Strip Mall Investment in Greater Nashville
Middle Tennessee is a great place for real estate investors to focus on strip malls.
Restaurant Spaces
The restaurant biz in Music City has been anything but dull of late . . .
Retail Humming Along in Music City
According to Costar, retail is a rock star property type in Music City. In Nashville, the retail vacancy rate is a low 3.2% (compared to 4% nationally), and non-mall retail vacancy is just above 2%.
What is a 1031 Exchange?
Whether you are still fairly new to real estate investing and own only one property, or you’ve been in it a while and have built up a portfolio, one beneficial strategy for tax deferment and leveling up is what’s known as a 1031 exchange.
Commercial Leases: A Few Things to Look Out For
Although we always recommend that prospective tenants work with a commercial real estate agent (as well as a commercial real estate attorney) when negotiating leases, it is good to be an informed consumer and know some things to lookout for when entering into a deal.
Why hire a commercial tenant rep broker?
Considering the way properties typically are listed, the more appropriate question is why wouldn’t you? When a commercial property is listed with a broker, the commissions are already baked in. Therefore, if you don’t take advantage by bringing your own representation, you are essentially leaving money on the table. You are not fully taking advantage of all available resources. And when you pass on the privilege of tenant representation, that money either goes to the listing broker or stays in the landlord’s pocket.