1) What made you launch the CREI Summit Well, we started the Commercial Real Estate Influencer list to recognize commercial real estate brokers that are doing exceptional things on social media. During the pandemic, we were of course all isolated. Coy Davidson was the first person to suggest that we…

Leases provide many advantages to businesses, such as higher purchasing power, lower long-term maintenance costs, better cash flow management, and simplified asset disposal. When you rent out or lease your property, you need to track the income from those activities to assess your business’s financial health. Leases can involve all…

Three-quarters of US states have already legalized cannabis in one form or another. Thirty-eight states have legalized medical marijuana, while nineteen states have approved sales and possession of cannabis for recreational purposes. With more states legalizing recreational marijuana, 44% of Americans now have legal access. In 2021, weed sales reached…

The question most Landlords want to know this day and age, especially after Covid, is how they can increase rents legally and by how much. The Los Angeles Rent Stabilization Act addresses allowable rent increases which historically has been three percent (3.0%) annually, but can be lower or even higher…

Is converting big box retail to last mile distribution feasible? The human attention span continues to shrink in the digital age. We’re not only paying less attention, but we’re also getting more impatient. Consumer expectations have changed with more people demanding faster service, quicker turnarounds, and immediate results. And when…

There are different ways to invest in real estate. If making money sooner rather than later is your goal, one of the key ways you can do that is by purchasing real estate that you can rent out. Another way to earn money is by buying undervalued real estate, fixing…

CPI stands for Consumer Price Index. PPI stands for Producer Price Index. CPI and PPI are two inflationary measures used to calculate the change in prices of a set of services and goods. However, the two price indexes have fundamental differences and intend to demonstrate different aspects of economic activity…

Penny wise and pound foolish. Everyone has heard that old saying, but do you really know what it means. At its most basic it means to not choose to save pennys on items that if not addressed will cost you much more (back when this saying first came about, a…

All too often I receive inquiries from a potential seller that wants to “get the highest price” for their property, but does not want to list it, or market the property. This seems counter intuitive, especially tothe basic law of economics… supply and demand. …