As the 2008 recession continues to take a toll on the US economy, numerous commercial and residential real estate development projects are stuck in a holding pattern. Investors are unwilling to invest, and lenders are unwilling and/or unable to lend. Business owners find it extremely difficult to obtain financing that would allow them to develop … Read more
As mentioned in my previous article ‘obtaining development approval for your land’, I discussed the importance of market research in regard to many aspects of the development at the early stages, such as knowing whether you have purchased the land at the right price, knowing the number of ‘units’ you can ‘grow’ on the land, … Read more
Steve Bentley is a high net-worth individual living in Los Angeles, CA. He has been making a good living for years running the family business that he inherited from his parents. Although, Steve considers himself to be a savvy investor, putting his earnings away in stocks, bonds, mutual funds, and the like, he feels that … Read more
Its a true paradox. One of the most “natural” places to visit in Wilmington NC was actually made by man. Sutton lake is one of the few places you can go in Wilmington and feel like you are in the country. The lake was built in 72 when the former power company, CP&L, impounded Catfish … Read more
Calculus has many real world uses and applications in the physical sciences, computer science, economics, business, and medicine. I will briefly touch upon some of these uses and applications in the real estate industry. Let’s start by using some examples of calculus in speculative real estate development (i.e.: new home construction). Logically, a new home … Read more