It seems there’s been a rash of suicides and other violent acts in the news lately and a number of them have been connected to real estate. David Kellerman was found dead, from hanging, this morning in his basement. A couple of months ago Steve Good of Sheldon Good & Company was found dead (by [...]
Time is everything right now. George Soros said last week of commercial property values “… we know, they will drop at least 30 percent.*” Some analysts predict a 50 percent or greater drop. How long this pain will last nobody knows but we do know we are still at the beginning. In a declining market [...]
The stalemate is ending. We have just summitted a mountain of transactions and have been sliding down the other side, as represented in CoStar's chart showing national sales volumes for office properties.
Green, Green, Green. It seemed to be all the rage last year as oil prices spiked to $140/barrel and people were trading in their SUV's for economy class hybrids. Something else happened. Fortune 500 companies and the U.S. Government felt the effect and instituted policies that they, too, should be green, work to stem global warming, and make changes to their business practices that were environmentally sound.
Play not to lose? Who would do that? More people than you may realize. How many times have you heard the excuse, "Our marriage is terrible. I'm not happy. But we've been married for 25 years, so why get a divorce? Only if it could be like it was when we first met." Or, "Sure, when I bought this building it was going to be worth 50% more than what I paid, but since I lost those tenants and I'm losing a lot of money every month. Not a big deal, the market will turn around and I'll get back to where I was, eventually."
Are your retirement dollars gathering dust in your IRA account instead of providing you with greater opportunities?
Last year, after hearing a short Pensco presentation about Self-directed IRA Investing in our office I knew I had to find out more. Sadly, at that time there were not any upcoming events in Boston. I [...]
Wednesday, April 22, 2009
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