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Episode Info: We talk a fair amount about Residential Real Estate, but what about Commercial? Fortunately we know people who know people who know. Our guest this week is Pete Bolton of the Pete Bolton Company. He’s a 30+ year CRE veteran turned mentor and coach. He knows his stuff, and if you’re at all curious about what’s going on with that office you haven’t been to in a while or those stores that you may only be seeing curbside… tune in. Steve shares some time-specific (and possibly time-sensitive) tips about buying a new/used car. Circumstances have resulted in some extraordinary opportunities (even if you’re just looking for a rental. Matt’s back! He’s got a fancy new mic, and the same great service and attention to detail. He and Steve share some thoughts about what have to look forward to. Episode Recap FRIENDLY TAKEAWAYS: Automotive news: Hertz files for bankruptcy Industrial real estate in Phoenix is on fire It’s still a seller’s market in residential real estate Let your insurance carrier know about safety features and reduced miles — you’ll save on your premium Update on the Automotive Industry First, Automotive News. Hertz Rental Cars has filed for bankruptcy. The good thing about Hertz going bankrupt is that there’ll be a lot of used cars on the market, so you can get a deal on those. The other great idea that since rental car lots are all full, so you can get a great deal on a rental car, too. To find a rental car to buy, just Google the rental company’s auto sales, and you’ll find them. Most of them will still have a warranty. You can even get financing through them. You can even rent a car to test it out. Steve and Felecia tried out a Camaro and hated it. They loved the Mustang. Great way to road-test a vehicle. A bunch of US states are suing the government for easing the tail-pipe emissions standards. Now, the government is trying to get rid of those, which will bring a bunch of pollution back. So, call your representatives and put a stop to that. We’d also like to see a safety inspection implemented here, to keep people safe. We don’t have car safety inspections now. You might even save on insurance if your insurer knows your car is safe. Last week, we had a couple of email questions about tires. There are three things to look at on a tire. Look at the treadwear number. The higher the number, the longer the tire will last. Next look at traction, either A or B. A is better and will push water to the side of the tread. Lastly is temperature. You have A, B, or C. Some have a B temperature at a higher price. Don’t get those. You need an A temperature tire here in the desert. An overheated tire can explode. Now, off-road tires don’t have these ratings. They’re an exception. If you have an off-road vehicle that is only used off-roading for a part of the year, get two sets of tires, one on-road, one off-road. That’ll save the life of both sets. The Scoop on Commercial and Industrial Real Estate in Phoenix We...
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