A purchase-option contract lets the buyer-optionee purchase a property at a specific price within a certain period of time. If the option is exercised, a closing is held and the property is purchased at the price previously agreed upon. There is no legal obligation to buy the property. But, if the optionee does not exercise […]

Property owners own investment real estate for profit. With proper management, they can earn a good return monthly from one property or a portfolio of properties. However, a certain property may have been acquired for an upgrade, to bring in income later or sell for a capital gain. Either way, the investment must be managed, […]

Chances for profits can come along and most people will never see them. Have you ever seen a sign on a house or other building that says, “For Sale, To be Moved?” This could be an opportunity for anyone, particularly if that person owned or can acquire a vacant lot nearby in a commercial zone.  […]

In years past, the big draw to a shopping center was the multi-screen movie theater and the major department store. The key tenant in a shopping center was often a department store from a nationwide chain that carried a wide variety of quality, brand-name merchandise. Many of the large department stores have now closed their […]

Real estate investments can be set up to generate one or more types of returns:  • Cash flow to owners;  • Appreciation of owner’s capital;  • Shelter of cash flow and  • Preservation of capital. Once the owner specifies the type(s) of return desired on the property, the professional property manager can develop an appropriate […]

When leases for shopping centers are being drafted, they can be more difficult than most other commercial leases. In a shopping center, the owner wants the leases to be as uniform as possible, but knows that each lease must have variations to meet the individual tenant’s particular problems in business and in certain size or […]