Realty411 Magazine Featuring OCG Properties - Part Two | Page 18
Dolf & Carter, pg. 17
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Tenants often improve and up-
grade the space with their own
money.
3. With residential property, the
landlord tends to pay the outgo-
ings such as property taxes, in-
surance and maintenance. With
commercial real estate, the ten-
ants who are leasing the prop-
erty, pay for those expenses.
Carter: We’re both located in
Arizona; let’s discuss the local
market. Where is it heading?
Dolf: I’m optimistic. There was
an article in the paper just three
days ago stating Taylor Morri-
son Homes will begin construc-
tion in July of a master-planned
community in Gilbert. There
will be 17 phases developed
over the next 12 years accord-
ing to the report submitted to
the Gilbert Planning Commis-
sion. This is indicative of the
long term. In the short term,
things look pretty grim, again,
if you are forced to sell. There
is word on the street that there
will not be a u-turn for years.
Things go in cycles. When
you get old enough to have
experienced a few cycles, you
learn to embrace them rather
than fear them. There will be a
turnaround. If you can buy real
estate that cash flows now and
have a great chance that long
term the capital value will go
up immensely, why would you
not acquire some real estate?
Learn more online about
The Property Ledger, visit:
www.thepropertyledger.com
To reach Dr. Dolf de Roos, visit:
www.dolfderoos.com
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