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…

billboard

Can I Build a Billboard on My Property?

You may own land on a highway or busy street.  Whether the land is undeveloped or even has a building on it, you might have the perfect spot picked out to place a billboard.  Nearby billboards might be renting for thousands of dollars a month and you might even be able to price out what it…

Ice Vending Machine

How Much Money do Ice Vending Machines Make?

You might have seen one of the large ice vending machines out there offering a large amount of ice for a low price of $2.50 or less.  They are typically located on high traffic locations, perhaps next to a gas station, convenience store, or dollar store.  They are freestanding and allow someone to drive up and…

NNN

NNN Nightmare Scenario – Here’s Your Building Back

Net-leased (NNN) investment properties have become extremely popular real estate investments.  With a NNN lease, the tenant pays ALL expenses (insurance, taxes, maintenance, etc.) of owning the real estate.  If the lease rate being paid is $10,000 a month, they are getting $10,000 per month and any expenses of owning the building are paid on…

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