Thread: Investing 102
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Old 11-07-2012, 11:28 PM
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I'll just say I'm not happy and leave it at that.

I'm with Todd on this (it happens sometimes ) positive thinking and just go about your business and control what you can control. That's all any of us can do.

This thread has dabbled in Real Estate and interest rate talk here and there so I'll share what I'm doing. The building my business has been in since starting in 2006 is being torn down soon for condos. So I negotiated a shorter lease end (he didn't care, he is knocking down the building soon anyway and would have had to compensate me somehow for an early term on his part) and wanted to control our destiny and timing vs getting a 60 notice to vacate or something like that in the next year.

I have liked where commercial real estate prices have been and now they have converged with insanely low rates. We are buying a commercial condo nearby with 50% more space than we need (to grow into) and it's a nicer building.

SBA loan, 10% down, combined interest rate in the 4's, and the price is 38 cents on the dollar of what the high watermark was in 2008. I like those numbers.
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