CRE and Four Keys to Financial Balance

Written by David Corley III of LanCarte Commercial

Prior to joining the team at LanCarte Commercial, I helped individuals and corporations build strategies for retirement planning, savings and investing. As a licensed Financial Advisor, I enjoyed being a trusted partner. It was an honor to help business owners review all their assets and liabilities, and understand how those intertwined with their business and their personal objectives.

While advising my clients, I became more interested in real estate transactions and strategies, dynamics of land and property values, and how acquiring real estate assets could help a company leverage positive growth to serve their clients, stakeholders, and employees. As a member of the LanCarte team, I am helping businesses and investors better understand how to build their portfolio and maximize efficiencies.

The fact is there is no crystal ball to get us through the bad times, and there is no magic bullet for “set it and forget it” investing. There are four universal rules that can help anyone improve or maintain the health of their financial position.

1. Protect First, Protect Fully. We buy insurance in case something unexpected or bad happens. In commercial real estate, it’s no different. We have to insure the asset’s full replacement value, therefore, we buy insurance for structure and contents, or any kind of liability to prevent loss or damage to the value of the property. It’s imperative that we understand the relationship between risk and reward.

David's remaining three keys can be found on our website. Please click here for full article!