self-driving car

How Will Self-Driving Cars Affect Your Investments?

If and when self-driving cars become the norm, their effect on the economy and life in general will be enormous and far-reaching.  Since 90%+ of car accidents are caused by human error, there will be a huge immediate reduction in injuries, death, and property damage from fewer accidents.  The average commuter spends over 25 minutes…

Property Wars

Property Wars’ Scott Menaged and the Fall of Densco

Property Wars was a somewhat popular TV show that ran for two seasons on the Discovery Channel.  It featured several Phoenix area property flippers that hung out in front of foreclosed houses as their bidders placed bids on properties at trustee sales downtown.  Like other property flipping shows, it seemed like they were constantly making easy…

churches for lease

Churches for Lease

When I listed a former Orkin Pest Control building for sale on the south side of Atlanta, Georgia, I was surprised at the high level of demand from churches.  A majority of the calls were from ministers looking to start a church.  They were looking for a lease or lease option.  None of them had an…

church real estate

The Future of Churches and their Real Estate

Sitting in church this morning, I could not help but notice how old the average attendee was.  For every young person in their 30’s or 40’s, there seemed to be three or four in their 70’s or 80’s.  The median age seemed to be somewhere in the mid 60’s.  Church attendance definitely increases as people…

guest houses

If I Build a Guest House, Can I Rent It Out?

The answer in many jurisdictions is no; even if you are allowed to build a guest house (or accessory dwelling unit, or guest casita), you can’t rent it out.  You can let someone live there (like older parents or grown kids) or let visiting friends stay there for free, but you cannot rent it out.  Even if…

easements

How to Get Cash Now for a Cell Phone Tower, Billboard or Other Lease

If you own commercial land, its possible someone might have contacted you about ground leasing part of your property for some other use.  These might include leases for billboards, cell towers, windmills, solar panels, underground fiber optic cables, driveway or other access, ice machine placement, or food truck or food vending parking.  If you work…

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