>>Choose Your Closing Attorney (even inisde Title Co) Carefully; >>Get Broker Input on the LOI Terms >>Gain Seller Knowledge/Situation Before Submitting LOI; >>Stay In Your Investment Property Area of Knowledge; >>Include Terms in the LOI That Offer You the Best Negotiating Leverage on Sale Price; and...>>Make Sure the Contract is Written SO THAT IT CAN, REPEAT CAN, CLOSE.
"The World is a book, and those who do not travel read only a page. - St. Augustine. Augustine is considered by many as one of the most profound thinkers in all human history. His insights into the nature of man and God are remarkable. Think globally as you plan and invest.
Commercial real estate prices were up more than 5% nationally at the end of March 08 from the same time last year according to S&P's GRA Commercial Real Estate Indices. This measure looks at commercial real estate from 10 different perspectives, including nationally, by geographic regions, and by property type. Investors value location and tenant quallity most.
A very wise investor said this: "If a business (or property) is worth a dollar and I can buy it for 40 cents, something good may happen to me." Warren Buffett. We make our profit when we buy the investment.
FASHION IS MADE TO BECOME UNFASHIONABLE.- Coco Chanel ... Or, as the legendary financier Sir James Goldsmith said: "IF YOU SEE A BANDWAGON, IT'S TOO LATE!" Don't follow the crowd. Develop you own well thought out investment strategy and follow it.
PERFORMANCE COMES AND GOES, BUT COSTS ROLL ON FOREVER. - Jack Bogle. Controlling management costs in your investment may make the difference in a nice profit or a loss when you dispose of the investment. The profitable investor is the one that manages cost over the hold period so that those lofty sale values we project at acquisition may come true at dispositon. Buy low, sell high is only part of the story. Watch costs as closely as you watch (project) appreciation.
