Archives for October 2018

Thanks to all of the brokers, sponsors, and guests who attended the October 2018 CCIM NM Deal Making Session and to those who shared the October 2018 CCIM NM Properties.

Over 6 million dollars of commercial real estate properties available for sale were presented from all over New Mexico.
Click here to view source PDF.
Click here to view the Thank You’s.

	Name	Property, City	Type	Price
1.	Jim Hakeem DJ Brigman	1600 San Pedro Dr NE	Office	$179,550
2.	Jim Hakeem Randall Parish	NEC Rio Bravo & Poco Loco	Land	$8-20.00/sf
3.	Steve Caruso	7223 Coors Blvd SW	Retail	$620,000
4.	Keith Meyer, CCIM, SIOR Jim Wible, CCIM Riley McKee	4132 Jackie Rd SE	Office/ Warehouse	$930,000
5.	Jim Hakeem Randall Parish	SWC 98th & Sage SW	Land	$8-20.00/sf
6.	Austin Tidwell	5621 Broadway Blvd SE	Land	$519,000
7.	Steve Kraemer, CCIM	2101 Trinity Dr, Los Alamos	Office	$500,000
8.	Paul Cook Tim Luten	2910 4th Street NW	Industrial	$1,115,000
9.	Steve Kraemer, CCIM	7551 Bluewater Rd NW	Industrial	$2,199,000

Adelante has been a community resource for nearly 40 years. As the organization celebrates this milestone anniversary, Adelante is poised to launch GiveABQ, a service that will positively impact non- profits across New Mexico.
There are over 10,600 non- profit organizations in New Mexico, offering over 48,000 jobs and $1.2 billion in payroll. Non-profits are growing and helping our state, with $6.5 billion in annual revenues. The success of these organizations can be a key factor in New Mexico’s economy and improving the lives of everyone in the Land of Enchantment.
GiveABQ will improve collaboration between non- profits to benefit social service work in New Mexico and to make giving easier for all donors, too.
Start-up operational dollars are being provided through the PNM Fund and Adelante is working with other donors and partners to remodel the GiveABQ site, stock the facility, and get the program into operation in 2018.

Benefits to Nonprofit Organizations

Managing in-kind donations – tangible gifts from individuals or businesses like furniture, dishes, bedding, and more — can be time consuming to manage and difficult to match to organizational needs. Many non-profits refuse to accept used items even if they are in good condition because of storage and handling costs. Even non- profits managing donations well struggle with distributing items their organization doesn’t need at the time it is donated.
GiveABQ helps non-profits by sharing resources like drivers, volunteers, and trucks, to lessen the work of handling donations. it will be a place where non-profits can turn for office furniture.
GiveABQ will also offer a one-stop solution to non-profit case managers seeking resources for their clients who need assistive devices and/or household items or furnishings.

Benefits to Donors

The primary goal of donors, is to ensure that their donations get to the organizations and people who truly need them.
And, though they are generous and caring, they’d like the process to be as painless as possible.
GiveABQ can support donors by pooling resources to offer quicker pick-up of items, and by sorting and displaying the donated items at one big place where multiple non-profits and their clients can see them, select from them, and make use of them.
GiveABQ will be tracking the larger donations, such as furnishings, in an effort to better coordinate between donated inventory and non-profit needs.
Adelante is a nonprofit organization that supports people with disabilities, seniors, and disadvantaged populations by providing employment, residential and day services, and other community resources.
GiveABQ is another resource Adelante can offer the community, and a great way to work in collaboration with area businesses and other non-profits.

Positive Outcomes of Launching GiveABQ

• More effcient donation in-take, processing, and distribution to people and organizations in need in central New
• Greater collaboration between non- prot
• Less hassle for donors who want to give furniture or household items, but who are unsure which organization can use their in-kind donations
• Job creation for people with disabilities and disadvantaged populations
• Reduction in waste when items can be re-purposed and re-used
• A multiplied effect that ripples throughout the community as non- prots can utilize more funds for direct services instead of items needed or handling

Get involved! Sponsorships: (505)449-4033 Information: info@GoAdelante.org

Rental units come with specific security issues that you need to address in order to keep your buildings marketable.

As a property manager, you may be under the impression that in order to abide by fair housing laws, you can’t refuse to rent to convicted criminals. And that likely stokes safety concerns for yourself and your tenants.
The first step to working more safely in the property management field is to correct this common misunderstanding, says Timothy L. Zehring, executive director of the International Crime Free Association. Though Department of Housing and Urban Development guidelines make clear that you can’t institute a rental policy denying all applicants with a felony on their record, you have more freedom to turn down those whose criminal convictions relate directly to safety violations (such as battery, rape, or homicide), adds Eric Wetherington, 2018 president-elect of the National Association of Residential Property Managers. (Learn more about creating rental policies regarding criminal history at nar.realtor.)
Knowing this can help you feel more confident in choosing quality tenants, but there are other potential safety hazards in a property manager’s job that you should be vigilant against. Here are some important tips for improving everyone’s security on your property.
Don’t put all your trust in tenant-screening services. Such services typically run a basic background check, which may include verifying a prospective tenant’s previous addresses. But you want to go deeper than that. Dewayne Cosby of Reece & Nichols, REALTORS®, in Kansas City, Mo., and his wife and business partner, Stacey Johnson-Cosby, advise calling the applicant’s current landlord yourself. The most important question to ask, Johnson-Cosby says, is whether the landlord would rent to the prospective tenant again. If the answer is no, that should raise a red flag.
Call for law enforcement backup when confronting contentious rental issues. Emotions can run high when you’re dealing with difficult situations, such as collecting unpaid rent, enforcing trespassing rules, or evicting tenants, and it could be dangerous to walk into these scenarios alone. David Fleming of Bryce Realty in Sidney, Ohio, who manages two mobile-home parks, says he was assaulted last year after asking solicitors on the premises to leave. He suffered a broken jaw and ankle. Fleming now calls on police officers to join him when posting notices to tenants’ doors or confronting trespassers.
Have a no-cash policy for rent collection. The prospect of quick cash lures thieves, so you don’t want large quantities of it laying around the rental office. To keep it to a minimum and help prevent potential robberies, make it your policy not to accept cash as a form of rent payment. If it’s available, use an electronic system for rent collection, such as a quick-pay app. You may even consider posting signage throughout your building stating that there is no cash on the premises.
Consider a self-showing process to view vacant units. Self-showing technology, such as ShowMojo, Rently, and Tenant Turner, allows prospective renters to schedule showings and access vacant units via a lockbox without the help of a property manager or leasing agent. (This, of course, is not an ideal method for showing units that are still occupied.) These products also include a check-in system so property managers can keep an eye on which units are being viewed. Wetherington, who is also broker-in-charge at New Heights Property Management in Summerville, S.C., uses such technology and says it brings greater peace of mind to his leasing staff. “The service allows us to send an electronic link to potential lessees to see a property at their convenience,” he explains. “They get a text, an entrance code, and have immediate access.”
Use design elements to thwart would-be attacks at your property. Landscape design and fencing shouldn’t block window views, outdoor lighting should be bright enough to illuminate people’s faces, and vestibules at building entrances should be transparent. Measures such as these are part of an aesthetic approach known as Crime Prevention Through Environmental Design (CPTED), which makes it easier for tenants to surveil their surroundings and harder for criminal activity to go unnoticed.
Make tenants part of the crime-free solution. Consider adding an addendum to lease agreements stating that tenants can be evicted for allowing or enabling criminal activity on the premises. Therefore, if you do decide to evict a tenant because of a criminal violation on the property, this document will provide a solid legal defense.
Secure units immediately after they’ve been vacated. Cosby says simply locking up after a tenant moves out—especially if it was an eviction—is not sufficient. “Criminals are aware tenants have moved out because they see property on the curb,” he says. “Property managers should change locks as soon as possible.” Securing windows in vacated units is also paramount to security. Most criminals won’t break windows because of the noise, Cosby explains. So if the windows are locked tight, they’ll most likely move on.
Choose a suitable smartphone safety app. The key is selecting an app with 24/7 live support, longevity, and a GPS feature. The Kansas City Regional Association of REALTORS®, for example, supports Lifeline Response for its members. “It is one of the most reliable of the products we looked at and ties in directly with local police for an unparalleled response time,” says KCRAR CEO Kipp Cooper.
Above all, get educated. NARPM offers several classes, including a comprehensive risk management course and certification classes teaching property managers intimate knowledge about the industry. The International Crime Free Association also is teaming up with my real estate safety company, Safety and Security Source, to offer comprehensive safety training to property managers, leasing agents, rental property owners, and law enforcement.
By: Tracey Hawkins (REALTOR Magazine)
Click here to view source article.