property management Tag

Charlotte Property Management Weekly: “Abe’s” Commercial Lease Negotiation Strategy Unveiled…

“I will get the lowest price per square foot for my new office lease.” (Charlotte Business Owner)

“I will not drop my initial offer for price per square foot for the new lease. It’s not worth it and I really don’t like this guy anyway.” (Charlotte Commercial Landlord)

“I will maximize this commission.” (Charlotte Commercial Real Estate Agent)

Charlotte Property Management Weekly: “Terms” of Endearment- The Key to Selling Real Estate Buyers

If you were offered both of these jobs, which one would you take?

Job #1: $80K annually
Job #2: $30K annually

Duh, the $80K one.

Now let’s look at the job descriptions:

Charlotte Property Management Weekly: Former BOA CEO Ken Lewis Teaches Real Estate Investing

Ken Lewis is the man. You might have read and heard things in the news during the past year saying he is not the man, but they were all wrong. He’s got an unbelievable instinct for investing creatively. And he’s got the guts to execute.

If you live in Charlotte, you must heart Big Ken; it’s required. He built the entire town, kept the headquarters here as he grew Bank of America (BOA), and made sure his bank was actively involved in the community.

Charlotte Property Management Weekly: Is Rent-To-Own a Scam? Wait- Who’s Laughing?

“If you can’t spot the sucker in the first half hour at the table, then you ARE the sucker.” (Matt Damon in Rounders)

Back in 2006 when life was good and real estate sales were plentiful, I got a call from a friend of mine from New York City.

Charlotte Property Management Weekly: Innovate Quickly or Die! In Real Estate?

“Financial Crisis
Stalled too many customers
CEO no more”
(Haiku twitter message posted by just fired CEO of Sun Microsystems, Jonathan Schwartz, 2/4/10)

Charlotte Property Management Weekly: Santa Claus, Unicorns, & Risk Free Transactions (Or “How to Risk Manage Yourself Out of a Living”)

“I can’t do lease options. They are way too risky!” (Concerned Charlotte Realtor)

“That’s why it’s a short cut. If it was easy, it would just be the way.” (Paulo Costanzo in Road Trip)

Charlotte Property Management Weekly: Which is Better? Colts or Saints? Sale, Rental, Rent-To-Own, or a Combination?

Super Bowl time is here which means there will be rampant speculation about which team is better. Most people from Indianapolis don’t think there is anyway Peyton Manning will let them lose, while New Orleans fans think that destiny is on their side. Of course, no one knows exactly who is right, but that doesn’t stop them from arguing about it non-stop for two weeks.

Charlotte Property Management Weekly: Getting Paid- A Growing Problem for Everyone! (Except Realtors & Clients Doing Lease Options)

The biggest symptom of our current economic problems is that people don’t have the money to pay their bills. Think about it. Why is the FHA in trouble? It’s because the home owners they lent to couldn’t pay. Why did the banks need to get bailed out? It’s because the clients they lent to couldn’t pay. Why are many businesses going under? It’s because their customers are businesses that are going under (because they didn’t get paid).

Charlotte Property Management Weekly: A Realtor’s $100K Case for Rent-To-Own- It’s All About the BATNA

Example: OK, Mark just asked you out. Do you say “yes” and go out with him this week? He’s average looking and needs to trim his nose hair, but he seems sort of funny. If you say “yes”, you’ve got a date (and a free meal) on Friday night. If you say “no”, you might be sitting at home alone (again) this weekend watching TV and listening to your friend, Molly, complain about her awful life for an hour over the phone. Oh geez, it could get worse; Molly might feel inclined to stop by if she knows you’ll be home…

Charlotte Property Management Weekly: The Tipping Point is Coming- Are You Prepared for Lease Purchase?

“I understand that qualified buyers are becoming scarcer by the day. More and more houses I list are sitting vacant on the market while the owner eats the mortgage every month. Do I just tell them to wait for the market to come back or is there something I can do?” (Charlotte Realtor)

“In sociology, a tipping point or angle of repose is the event of a previously rare phenomenon becoming rapidly and dramatically more common. The phrase was coined in its sociological use by Morton Grodzins, by analogy with the fact in physics that adding a small amount of weight to a balanced object can cause it to suddenly and completely topple.” (Wikipedia definition of “tipping point”)

“The Times They Are A-Changin’” (Bob Dylan)