These are some entertaining quotations from various people and their thoughts regarding money. If you have any others feel free to send them to us.
"In God we trust. All others must pay cash."
(American Saying)
"I don't like money, but it quiets my nerves."
(Joe Louis)
"Money is better than poverty, if only for financial reasons."
(Woody Allen)
"The way to make money is to buy when blood is running in the streets."
(John D. Rockefeller)
"Sex is like money; only too much is enough."
(John Updike)
"I don't know much about being a millionaire, but I'll bet I'd be darling at it."
(Dorothy Parker)
"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem"
(JP Getty)
"The only way not to think about money... is to have a great deal of it."
(Edith Wharton)
"Never get deeply in debt to someone who cried at the end of Scarface."
(Robert S. Wieder)
"If you want to know what God thinks about money, just look at the people He gives it to."
(Old Irish saying)
"Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery."
(Charles Dickens)
"If you would know the value of money, go and try to borrow some."
(Benjamin Franklin)
"My problem lies in reconciling my gross habits with my net income."
(Errol Flynn)
"Bart, with $10000, we'd be millionaires! We could buy all kinds of useful things like... love!"
(Homer Simpson)
"The easiest way for your children to learn about money is for you not to have any."
(Katharine Whitehorn)
"Finance is the art of passing money from hand to hand until it finally disappears."
(Robert W. Sarnoff)
"All I ask is the chance to prove that money can't make me happy."
(Spike Milligan)
"A wise man should have money in his head, but not in his heart."
(Johnathan Swift)
Thursday, November 29, 2007
Friday, November 16, 2007
What the heck is a "cap rate" anyway?
This is a question that I get all of the time. What is a cap rate and how do you figure it?
First of all a cap rate is short for capitalizaton rate. A cap rate is a ratio between the cash flow produced by a property and its capital cost (the price paid for the property). The rate is actually very easy to calculate. Here is a simple example:
Annual Cash Flow (Net Operating Income)/ Property Price = Capitalization Rate
For example, if a building is purchased for $1,000,000 sales price and it produces $100,000 in positive net cash flow (NOI) then:
$100,000 (NOI)/ $1,000,000 (sales price)= 0.10 (cap rate) = 10% The property's cap rate is ten percent.
Wow! That is so interesting...now what?
First of all a cap rate is short for capitalizaton rate. A cap rate is a ratio between the cash flow produced by a property and its capital cost (the price paid for the property). The rate is actually very easy to calculate. Here is a simple example:
Annual Cash Flow (Net Operating Income)/ Property Price = Capitalization Rate
For example, if a building is purchased for $1,000,000 sales price and it produces $100,000 in positive net cash flow (NOI) then:
$100,000 (NOI)/ $1,000,000 (sales price)= 0.10 (cap rate) = 10% The property's cap rate is ten percent.
Wow! That is so interesting...now what?
Sunday, November 4, 2007
How will holiday retail sales affect your tenants?
After reading an article about the upcoming holiday sales predictions, I began to think how this would affect retail tenants at the local level. The article was from the site www.plainvanillashell.com. Click on the link for the full story.
http://plainvanillashell.com/article.asp?ID=8747
What can a Landlord do to protect themselves from situations where Tenants may close down or go out of business? Most answers lie in the way the leases and the guaranties have been crafted. Call Atlas Real Estate Advisors for assistance with you leases.
Holiday sales expected to slump: Predictions of gloomy season for retailers could mean great deals for consumers, especially those shopping for toys
Blanca Torres
November 2, 2007
Nov. 2--Related Link
--Poll: Are you going to spend more money this holiday season?
Just as Americans start packing their Halloween costumes, they can expect to see wreaths, mistletoe and snowy displays as retailers rush into the holiday shopping season.
This year, few stores are waiting to grab holiday dollars until the day after Thanksgiving, also known as Black Friday, which is three weeks from today and often is considered the start of the shopping season.
"Retailers have had a long time to think about a problematic holiday season," said Kit Yarrow, a consumer behavior expert and professor at Golden Gate University in San Francisco. "I don't think consumers will be able to resist some of the opportunities retailers are going to give them to spend money. It's truly a buyer's market."
Experts are predicting a gloomy holiday shopping season -- the worst in five years, some say -- but though that may be a problem for retailers, it could mean bigger and earlier deals for consumers.
The trend is especially evident in the toy sector, which has been tainted in recent months with recalls prompted by lead-contaminated products.. Wal-Mart, Toys "R" Us and KB Toys have started discounting goods and plan to offer door-buster-style sales this weekend.
"Consumers are going to get some great deals on toys," said Frank Badillo, a senior economist and retail consultant with Retail Forward Inc. "That is going to make things very rough for retailers and toymakers in terms of profit, but they are still going to move a lot of toys. It's going to be a very promotional category this holiday."
A declining housing market, rising energy costs and fear of a recession are beating down some shoppers' moods during the busiest time of year for retailers.
Steve Brown of Livermore said his concerns about the economy will cause him to spend about 25 percent less this year than last.
"Higher fuel prices, negativity about the economy ... it takes a toll on everybody's budget," he said. "This year we will proceed a little more cautiously."
About 40 percent of consumers share Brown's sentiment, according to a survey of more than 14,000 consumers by accounting and consulting firm Deloitte & Touche USA.
"The economy's impact is going to vary across the different aspects of retail," said Steve Lemelin, a Deloitte consulting regional retail sector leader based in San Francisco. "The American consumer never wants to give up on the holiday season. ... Consumers will likely limit the amount they spend on travel or things for themselves."
http://plainvanillashell.com/article.asp?ID=8747
What can a Landlord do to protect themselves from situations where Tenants may close down or go out of business? Most answers lie in the way the leases and the guaranties have been crafted. Call Atlas Real Estate Advisors for assistance with you leases.
Holiday sales expected to slump: Predictions of gloomy season for retailers could mean great deals for consumers, especially those shopping for toys
Blanca Torres
November 2, 2007
Nov. 2--Related Link
--Poll: Are you going to spend more money this holiday season?
Just as Americans start packing their Halloween costumes, they can expect to see wreaths, mistletoe and snowy displays as retailers rush into the holiday shopping season.
This year, few stores are waiting to grab holiday dollars until the day after Thanksgiving, also known as Black Friday, which is three weeks from today and often is considered the start of the shopping season.
"Retailers have had a long time to think about a problematic holiday season," said Kit Yarrow, a consumer behavior expert and professor at Golden Gate University in San Francisco. "I don't think consumers will be able to resist some of the opportunities retailers are going to give them to spend money. It's truly a buyer's market."
Experts are predicting a gloomy holiday shopping season -- the worst in five years, some say -- but though that may be a problem for retailers, it could mean bigger and earlier deals for consumers.
The trend is especially evident in the toy sector, which has been tainted in recent months with recalls prompted by lead-contaminated products.. Wal-Mart, Toys "R" Us and KB Toys have started discounting goods and plan to offer door-buster-style sales this weekend.
"Consumers are going to get some great deals on toys," said Frank Badillo, a senior economist and retail consultant with Retail Forward Inc. "That is going to make things very rough for retailers and toymakers in terms of profit, but they are still going to move a lot of toys. It's going to be a very promotional category this holiday."
A declining housing market, rising energy costs and fear of a recession are beating down some shoppers' moods during the busiest time of year for retailers.
Steve Brown of Livermore said his concerns about the economy will cause him to spend about 25 percent less this year than last.
"Higher fuel prices, negativity about the economy ... it takes a toll on everybody's budget," he said. "This year we will proceed a little more cautiously."
About 40 percent of consumers share Brown's sentiment, according to a survey of more than 14,000 consumers by accounting and consulting firm Deloitte & Touche USA.
"The economy's impact is going to vary across the different aspects of retail," said Steve Lemelin, a Deloitte consulting regional retail sector leader based in San Francisco. "The American consumer never wants to give up on the holiday season. ... Consumers will likely limit the amount they spend on travel or things for themselves."
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