Tuesday, March 6th, 2007
I went to Memphis last weekend to check office building commercial deal. What really attracted me was really low price per sq. foot for decent looking office building. You can purchase commercial office for about $50 per sq. foot. When you check the going rental rates they are around $9-$11 per sq. foot.
If you […]
Posted in Investing in Real Estate | No Comments »
Friday, February 2nd, 2007
I am seeing more and more commercial real estate listings with 9% CAP. Comparing to situation about year ago where most of the stuff was 6-7% now I am getting tons of 8-9% listings.
When investors see they can get 5-6% interest rate on saving accounts it would be hard sell to buy real estate […]
Posted in RE Investments | No Comments »
Friday, February 2nd, 2007
I am amazed how expensive commercial real estate become in Las Vegas during the last three years. When I was purchasing office buildings as an investment in 2003 I paid about $100-$120 per sq. foot. Residential was booming and got quickly from around $100 to $200.
Now we have year 2007. Residential is cooling […]
Posted in RE Investments | No Comments »
Sunday, January 14th, 2007
Fountain Park office complex. Located on Eastern between Desert Inn & Flamingo.
Nice office with small kitchen and restroom. Reception area, bull pen, 2 private offices. One covered parking space. Plenty of uncovered parking space. Tenant pays lease, utilities, cleaning… Signage available in front of the office. One of the few month-to-month leases available! Perfect […]
Posted in Commercial Lease | No Comments »
Friday, November 10th, 2006
If you have a good tip for real estate investors forum let me know. There are many places on the Internet, but what I am looking for forums which have really active community. Email at info@eastbiz.com
Posted in Commercial Real Estate | No Comments »