How Will Glendale’s New Multifamily Developments Impact Private Owners?

Back in 2008, we saw hundreds of vacant multifamily units hit the market as newly constructed projects became deliverable. I distinctly remember reading articles on Glendale News Press that had comments from furious residents who opposed the squalor of the construction, the environmental impact and traffic they would create, etc. You see the same exact

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Glendale 2-4 Unit Properties Selling At Record Prices

The graph above shows the average sales price per unit of residential income properties in Glendale and Burbank over the last ten years. I think this kind of data is kind of hard to ignore, especially when there is so little inventory currently on the market. First, let’s clarify what that graph means. So theoretically,

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Common Pitfalls in Off Market Real Estate

Looking for off-market commercial real estate deals? Avoid these nightmares. Being in this business for so long and constantly being called on for “pocket deals” gives you an opportunity to learn about the mistakes people make in commercial real estate. Day after day, I talk to people who are looking for properties that aren’t currently

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Secret Tips To Consider When Flipping Homes in Glendale and Burbank

For those who are getting into the business of flipping residential properties, we’re giving away some family secrets that have helped us find success in this tough market. These helpful tips apply to the process of buying, renovating and selling single-family residences. Of course, because we’re based in the Glendale area and mainly focus on

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How Selling A Property Off-Market Hurts Sellers

More often than not, every commercial real estate broker must overcome their clients’ objection to sign a listing agreement. It seems to be the tipping point where a hot lead turns into a probable deal in the eyes of brokers. Some people have various sales tactics. They all do it differently. Some people have the

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Keeping The Real Estate Business "Face to Face"

In an age of intrusive technology and the ability to do business with people without ever seeing them, the real estate industry benefits greatly from keeping it mostly “face to face”. Of course, there are plenty of deals being done from across the country (especially after the REO business became so huge), but for the

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How Pricing Property At A "Top Dollar" Hurts Sellers

Ask any agent and they’ll tell you at least a few stories about sellers who insisted on pricing their property at an unreasonably high price and actually believed the property would sell. Of course, given the right location and attributes, it’s likely some of them even got their price, but a large majority of these

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Owner/User Deal Just Listed in Tujunga, CA

Your business can enjoy major street exposure on a high-traffic boulevard with this recently remodeled property in the heart of Tujunga. Its practical layout make it relatively simple to convert for any use without much (or any) work necessary, depending on your line of business. The total usable square footage (approximately 21,000sf) is split between

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URGENT BUYER NEED: Off-Market NNN Deals Around SoCal

Brokers & Principals, We currently have numerous immediate buyers for NNN deals. While our usual sourcing methods are turning up a few deliverable properties here and there, we’re resorting to asking the general online CRE investment community as well. Do you have a NNN property to sell? (fast-food restaurants, single-tenant net leased properties, or pretty

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