by Jeremy Cyrier, CCIM on July 22, 2010
You’ve heard the expression, “When the only tool you have is a hammer, everything looks like a nail.” When you have one formula for capitalizing on commercial real estate investments, you try to make your deals work one way.
A broker called to ask how we sold a building he had competed against us to list. [...]
by Jeremy Cyrier, CCIM on July 13, 2010
You call investment property brokers in your market, tell them about what you’re looking for, and meet with a few. It feels like you’re making progress. The word is on the street, you’re looking to buy an investment property with great cash flows, upside potential, and at distressed prices. Everyone knows. You wait by the [...]
by Jeremy Cyrier, CCIM on July 7, 2010
Few investors succeed when they make fast decisions, based on little information and gut instinct. The odds may play in your favor, but the lack of a plan that includes due diligence, market intelligence, timing, decisiveness and massive action will mean that your outcome be survivable.
Take a lesson from U.S. Army sniper school. When you [...]
by Jeremy Cyrier, CCIM on June 24, 2010
An investor asked us to give him a rental rate that would quickly lease his vacant space. The problem with this question is that it’s only half the problem. The other half of the question should be:
“At what rate would you recommend I quote in the market to lease my space quickly while maintaining my [...]