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"Michael Polk is an incredibly knowledgeable and effective real estate professional. In an increasingly complex industry, Michael offers a wealth of expertise and tireless work ethic that provides exceptional value to clients".

 
      
Jeffery Prang 
Assessor, County Of Los Angeles
November 2, 2018





The Lending Alternatives Hopeful Investors Should Know Inside And Out

Michael PolkCommunityVoice.                   

Audio Version of article / You can click link to see on Forbes.com


POST WRITTEN BY

Michael Polk

Polk Properties offers over 30 years of Real Estate experience you can trust and depend on. We focus on long-range portfolio management



























Getty 

People buy real estate for many reasons — generating cash flow, a tax write-off, appreciation value. Some of the greatest profits are made when buying real estate in a down market. Seasoned investors and fortunate newcomers who purchased coastal residential property from 2012-2017 are sitting on healthy equity appreciation as well as competitive interest rates in the 3.5-5% range.  The traditional path to buy a property is to obtain financing through banks, credit unions or a mortgage company. Following the 2008 housing crisis, traditional lenders implemented more strict guidelines: Stellar credit scores from 740 and above, stable employment, a low debt-to-income ratio, six months or more of liquid reserves. Link to full article




Property Taxes And Local Government Are The Keys To The LA Real Estate Market

Audio version of article / click link to see on Forbes.com


POST WRITTEN BY

Michael Polk

Polk Properties offers over 30 years of Real Estate experience you can trust and depend on. We focus on long-range portfolio management.


Getty

Have you ever opened your property tax bill and, after looking it over, wondered how they come up with that amount? Or, who ”they” are? Maybe you called the tax collector’s office and complained that your taxes are too high. You were likely directed to the tax assessor next.

California’s unique property tax system treats all property, whether commercial, residential-income or family home, exactly the same — and is a system that any would-be investors or potential buyers would do well to familiarize themselves with.Link to full article






Audio version of article / click link to see on Forbes.com



Jun 6, 2018,9:00 am

Technology's Impact On The Future Of Commercial Real Estate

Michael Polk / CommunityVoice

Forbes Real Estate Council

Real Estate

Post written by

Michael Polk

Polk Properties offers over 30 years of Real Estate experience you can trust and depend on. We focus on long-range portfolio mgt.


The retail industry has been experiencing disruption due to technological innovations that have pushed a growing number of consumers to mobile purchases and e-commerce transactions. In 2017, nationwide e-retail sales totaled over $409 billion. Amazon accounted for $54.47 billion and Walmart sold $14 billion in the U.S. alone. By the year 2021, forecasts for global e-retail sales expect the number to reach $603.4 billion (USD).

In tandem, local and national media headlines in the last few years have reported stories of major retail industry giants closing hundreds of brick-and-mortar locations due to steady declines in sales. Among the most notable retailers closing doors or filing for bankruptcy protection are RadioShack, Gap Inc., Kmart, and Toys R Us. Link to full article

 















Polk Properties offers over thirty years of Real Estate experience that you can trust and depend on. We focus on long range portfolio management and tailor each portfolio to deliver value with measurable returns. We have sold and leased a rich mix of product types in the market place. For an insightful analysis of your current real estate holdings and an overview of the opportunities the market extends, contact Michael Polk at Polk Properties.

Polk Properties successfully operates locally and nationally. For the most informed real estate decisions, partner with us. Our brokers stand ready to deliver successful sales and acquisitions with precision, intelligence and integrity. Stay current on Commercial Real Estate industry news and trends, visit PolkProperties.net on a regular basis. We will make available current articles of importance, as well as specific industry podcasts.

 


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