An Accepted Offer is Only the Halfway Point (video)

About Beau Beach, CCIM Beau is a leading Investment Real Estate Broker, Forbes Magazine contributor, author, investor and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic. He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges. Beau leads Prowess Investment Real Estate…

What is the Sun Belt?

Many folks in the Midwest don’t know what the “Sun Belt” is and that’s not a good sign.  Let’s fix that now. The Sun Belt is a region generally considered to be the southern most 1/3 of the United States, stretching from the Southwest to the Southeast. The region is noted for its mild winter, frequent sunny skies, growing economic opportunities and fewer unions. Most…

Short term retail leases

In our article this week, Buffett calls the end of the retail industry as we know it, we predicted retail leases will get shorter. Maybe even year-to-year leases with the tenant having the right to renew for another year or terminate. If we’re right that’s going to cause some problems for landlords and their brokers. Financing Lenders view leases with qualified tenants as nearly guaranteed…

Buffett calls the end of the retail industry as we know it

When the Oracle of Omaha, Warren Buffet, speaks we listen. At Berkshire Hathaway’s annual meeting, the billionaire investor forecast a total change in the retail industry within the next ten years as it heads towards a mostly online business model. Why was he discussing this? He was explaining why he dumped $900 million in Walmart stock. We work with a lot of retail real estate…

Q&A: Why are 3D Virtual Tours Important? (video)

Click here for an example of one of our 3D Virtual Tours.  About Beau Beach, CCIM Beau is a leading Investment Real Estate Broker, author, investor and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic. He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know…

Amazon is changing the world…with bricks and mortar?

Full disclosure: I love Amazon. If I can buy it on Amazon then that’s how it’s getting bought. Clearly they’re an e-commerce juggernaut but did you know they’re also making huge physical location bets? Here are some of the ways Amazon is doing bricks and mortar: Whole Foods.  It acquired Whole Foods for $13.7 billion. Whole Foods has 450 stores and is about to get…

Toys R Us: Another one bites the dust

Note to reader:  After this post we’re going to take a break from the retail apocalypse.  For a time it’s been the most interesting story out there.  I now fear retailer bankruptcies are so common place that we’ve become numb to them which means I’m pumping negativity into the world with no real benefit. Now, let’s discuss one of the largest retailer bankruptcies of all…