By creillc on April 7, 2009
It has come to our attention that some real estate investors want to know how to save money on property they own. How would this best be done? How do they keep from spending money unnecessarily? How do they make the money they do spend the most effective? Here are my answers: 1. Maintenance 2. [...]
Posted in Real Estate
By creillc on January 19, 2009
After more than 40 years in the construction trades I have noticed that the exterior of buildings is usually not given enough emphasis from a maintenance standpoint. The exterior is what keeps the weather out. It is to protect all that is inside. I thought it would be informative and hopefully useful to go over [...]
Posted in Develop Your Skill
By creillc on January 19, 2009
There is another aspect to brick buildings and that is seismic retrofitting of the building. Southern California is known for earthquakes. The City of Los Angeles and many of the surrounding cities have regulations as to how brick buildings are dealt with. This is especially true of those built before 1933 which usually do not [...]
Posted in Develop Your Skill
By creillc on November 17, 2008
In my experience the roof is one thing most buyers and tenants with triple net leases have the most attention on and rightfully so. Proper maintenance and routine inspections are strongly advised. The typical commercial and industrial roof is a flat roof. This means that is has less than 2 inch of slope or fall [...]
Posted in Develop Your Skill
By creillc on October 22, 2008
I know Im getting into a Triple Net lease but really its just a lease isnt it? Isnt the owner always responsible for all the physical stuff and I just pay him the rent? I have been in a long term triple net lease, do I need an inspection? I am getting ready to end [...]
Posted in Develop Your Skill
By creillc on September 19, 2008
Having done over 6,000 property inspections and having been in the construction field for over 35 years I have some perspective on what happens before, during and after a property transaction. An aspect that comes up every once in a while is being asked to somehow deliver the information in a way so that I [...]
Posted in Develop Your Skill
By creillc on September 19, 2008
I have been asked a lot recently about Phase 1s. I realize there is a lot of confusion about them. Let me try to clear the air a bit so to speak. In its simplest terms a Phase 1 is a site visit and document review of the surrounding area to determine if further investigation [...]
Posted in Develop Your Skill
By creillc on August 22, 2008
After over 30 years in the construction trades and over 6000 physical inspections I have come across a few pieces of wisdom. One of the biggest has to do with maintenance. From my experience maintenance is the single most important aspect of any building or site. Most original construction is fairly good. Most products such [...]
Posted in Develop Your Skill
By creillc on August 22, 2008
A question that comes up from time to time and warrants comment is something like, But I thought you were going to find everything, or words to that effect said by a client and from time to time an agent while doing a commercial or industrial real estate inspection. I have done over 6000 inspections. [...]
Posted in Develop Your Skill
By creillc on August 5, 2008
I got to thinking the other day about how I used to inspect when I first started in the early 90s and how things have changed over the years. I used to hand write the real estate inspection report with carbon paper. Remember that stuff? I would give one copy to the buyer and keep [...]
Posted in Develop Your Skill
