Raising Capital for Commercial Real Estate Investments

There is a lot of activity going on in Salem and the valley in commercial real estate. I’m surprised when people come up to me expressing a desire to get involved and possibly purchase an office building or lot but are sure they won’t have the cash. While these can cost a chunk of change, there are ways to get...

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How Fractional-Reserve Banking Really Works

When you are thinking about investing in commercial property, you are probably talking about big numbers. While your broker can help you with some of the complicated banking, the more you learn as a consumer, the better for you.  Fractional-reserve banking is a term you may have heard. It sounds complicated (and it...

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How the Local Economy Impacts Real Estate

In Salem, state government is our largest employer.  What is interesting is that the state owns a great deal of Salem’s available land yet pays no property taxes to Salem.  This has long been an issue for city officials and Salem’s legislative representatives, but the problem has not been solved. 

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