Generalizations, Generally
Generalizations are assumptions that involve ‘painting with too broad a brush’ as is sometimes stated. One of the perils is simply assuming things that may
November 30, 2020
Cutting Edge Insights
with Dr. Lee
What is Cap Rate?
The term “cap rate” is often used in discussions of real estate investing. Do you know what it means? Cap rate is short for capitalization
November 23, 2020
Who put the ‘L’ in Wealth?
According to the New World Encyclopedia, “Wealth refers to some accumulation of resources, whether abundant or not.” And, “Wealth is from the old English word
November 16, 2020
There are Three Sides to Every Story
Have you ever heard that phrase? Most likely, you’ve heard that there are two sides to every story. You probably heard this phrase many years
November 9, 2020
What is an Investment?
Investment is a word that gets used very frequently, often without consideration of its true underlying meaning. It traditionally is used pertaining to an infusion
November 2, 2020
Who put the ‘real’ in ‘real estate’ and what does it really mean?
Have you ever stopped to think about the words we use in everyday communication, what they mean, and where they came from? For example, the
October 26, 2020
The Essence of Value Engineering
The following is Investopedia’s definition of Value Engineering: Value engineering is a systematic, organized approach to providing necessary functions in a project at the lowest cost. Value engineering promotes the substitution of materials and methods with less expensive alternatives, without sacrificing functionality. It is focused solely on the functions of
Nerdiness in a Commercial Rebuild
A commercial remodel is supposed to be fun, right? Let’s pick out the paint and floor colors and styles, and fine-tune the floor plan…I mean, the structure has already stood the test of time for over 40 years, so it’s tried and true, right? Guess again. The usual protocol in
Diamonds in Rough Shape
Or, as the old saying goes, “A diamond in the rough.” Indeed, real estate deals don’t all come to you on a silver platter. They typically aren’t spoon-fed to you, either. They don’t come wrapped with a ribbon that says, “Deal Alert! Buy me now!” However, if you take off
Real Estate Round Table – Cash Flow!
It’s always a pleasure to collaborate with like-minded individuals whose work ethic and skills are similar to one’s own. I’ve had the great fortune to work with Jeremy LeMere and Michael Parks on several projects over a 2+ year period. We’ve collaborated in the sense of promoting each other’s work
Where’s Waldo Today?
Somewhere in the continuum between one extreme of a complete blank slate of vacant land and the other extreme of a newly constructed medical office lies a grey area. A grey area of potential. Potential to rehab and transform that which already exists between the walls and roof into the
The Power of Trust
Stephen Covey, Best-selling author of “The 7 Habits of Highly Effective People”, also wrote “The Speed of Trust.” The premise is that trust is important and that it drives critical areas of performance at work. But I’d like to talk about the power of trust. That it, what it drives