commercial: What Is Your Commercial Building Worth? - 06/23/11 01:42 PM
I've been asking this question of clients and prospects lately and here are some of the answers I've gotten. 
 1. "about ½ of what I paid for it."
2. "less than I owe."
3. "Well, I paid $1.5 million for it so I have to get at least that much."
4. "At a 6% cap rate it's worth $2 million."
 The first 2 are probably pretty accurate in our market, and suggest a sense of helplessness and resignation.  The third response is almost certainly rooted in denial, and the 4th may or may not be anywhere close to accurate. 
 It is … (0 comments)

commercial: 4 Things I know to A Certainty - 05/09/11 02:20 PM
Here are the 4 reasons why I know, TO A CERTAINTY, that now is the time to buy commercial property. As with all investments, you must be cautious, judicious, and well informed but without a doubt, NOW IS THE TIME TO BUY!! Certainty #1—There are properties for sale right now that can be bought for well under replacement cost. This alone would be a compelling reason to consider buying your own building but it is not the only reason. Well run companies are surviving and competition is falling by the wayside. Businesses that have survived the recession have shown their ability … (3 comments)

 
Dan Mincher, CCIM, Sacramento Commercial Real Estate (The Vollman Company, Inc.)

Dan Mincher, CCIM

Sacramento Commercial Real Estate

Sacramento, CA

More about me…

The Vollman Company, Inc.

Address: 1900 Point West Way, Suite 161, Sacramento, CA, 95815

Office: 9169292000 X224

Mobile: (916) 833-3763

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