More Commercial RE Foreclosures [Housing Tracker] [View article]
But logic has to tell you that a commercial income property is worth more if it's producing an income. Who wants a locked-down or vacant income property? I think that lenders and bankruptcy courts are smart to preserve the income streams. At least, that's the way it is with marinas - let the income keep flowing in!
With a specialized property, you need a specialized management company. We manage marinas, but there are golf course management companies, hotel management companies, etc.
Stan Underwood Sanctuary Marinas International sanctuarymarinas@usa.c...
-
But logic has to tell you that a commercial income property is worth more if it's producing an income. Who wants a locked-down or vacant income property? I think that lenders and bankruptcy courts are smart to preserve the income streams. At least, that's the way it is with marinas - let the income keep flowing in!
Nov 22 16:06 pm
|Rating:
0
0
All Comments by MarinaMan »More Commercial RE Foreclosures [Housing Tracker] [View article]
With a specialized property, you need a specialized management company. We manage marinas, but there are golf course management companies, hotel management companies, etc.
Stan Underwood
Sanctuary Marinas International
sanctuarymarinas@usa.c...