The other day I got to thinking about why cap rates go up and down. The typical answer, even for those that know nothing about real estate, is to just think "supply and demand". Today was different because the traditional answer wasn't good enough (maybe it was something I ate:) Let's just think about what's.
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New Article in Boat & Motor Dealer Magazine
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Posted by John Simpson
Hear ye, hear ye... read all about it! John Simpson just published "Marinas Falling in Value" in the Trends section of Boat & Motor Dealer magazine (the December 2008 edition). I won't steal the thunder except to say that I cover marina market value changes, cap rate changes, supply/demand, the effect of the credit crunch,.
Read moreAppraising the Dry Lake Marina – Part 2 of 2
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Posted by John Simpson
As you can tell by the prior post in this series, the value of the dry lake marina is not the main issue. The real question to be answered is whether it is financially feasible to restart the marina and if not, at what market value it would be. Ironically, this is tied into.
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