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)
Learn MoreCharlotte 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.
Learn MoreCharlotte 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.
Learn MoreCharlotte 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)
Learn MoreCharlotte 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…
Learn MoreCharlotte 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)
Learn MoreCharlotte Property Management Weekly: Thankful for an Awful Year: Next Top 2 Business Takeaways from 2009 (Part 2)
“The MacArthur Foundation gave out its annual genius awards. This year’s awards went to a journalist, a mental health scientist, and a couple who sold their house three years ago.” (Conan O’Brien from The Tonight Show with Conan O’Brien)
“Have yourself a merry little Christmas. Let your heart be light.” (Ralph Blane)
In last “Charlotte Property Management Weekly’s” episode, I discussed the first two takeaways from businesses looking to survive this tough economic environment. This article will focus on the other top two business adjustments I’ve seen businesses take in 2009. Without further ado, they are:
Learn MoreCharlotte Property Management Weekly: Thankful for an Awful Year: Top 2 Business Takeaways from 2009 (Part 1)
“Oh… Deck the halls with boughs of holly (picked for free from the yard), fa la la la la, la la, la, la… ‘Tis the season to (fake) be(ing) jolly, fa la la la la, la la, la, la… (“Unthankful” Charlotte Business Owner)
“…give thanks in all circumstances…” (1 Thessalonians 5:18)
“Left a good job in the city
Learn MoreCharlotte Property Management Weekly: Can You Beat UNC Coach Roy Williams in a Pie-Eating Contest?
“I’m not making any money. The economy is killing my firm. I’d be lying if I said I wasn’t in anything but survival mode at this point. My New Year’s resolution this year is to be able to make a 2011 resolution with a roof still over my head.” (Charlotte business owner)
“Creativity without implementation is irresponsibility.” (Ted Leavitt at the Harvard Business School)
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