Entries by Chuck Platt

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Area Lodging Industry Improving

One segment of the economy that has shown improvement in the Billings area is the lodging industry. STR (Smith Travel Research, Inc.) has been providing market data in North-American since 1985. STR and STR Global provides market data for thousands of lodging facilities representing 5.5 million rooms worldwide. They track performance such as Occupancy, Average […]

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Investment Grade Real Estate

Just what is Investment Grade Real Estate? Real property that is often included in portfolios of institutional investors such as insurance companies. They are of sufficient size, quality and credit worthiness, often $5 million up, and may include Class A Office Buildings, Retail Centers, Industrial Properties, Motels/Hotels and Apartment Buildings. These are often Single Tenant […]

Why Should I Buy Debt-Free Income Properties?

Does it make any sense to buy debt-free income properties? It makes all the sense in the world if you have the cash! It takes away all the “smoke and mirrors.” There are no up-front fees, no long term liability and cash is always king – you get the best deals, especially in markets like […]

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Billings Residential Market Picking Up

The Billings residential housing market has picked up in the past year. According to the Billings Association of Realtors Multiple Listing Service statistics, the housing market in Billings has improved in the past year and has shown some interesting trends. Home sales in Billings have increased $45 million from the period of June 1010 to […]

Looking at Cash Flows

Real estate through the years has offered investors one of the most diverse and most profitable ways of accumulating wealth and income. With real estate, you can see it, you can feel it, you can use it, you can put it to work for you to produce income, it increases in value, it gives tax […]

Bars in Montana

Bars in Montana offer some unique opportunities when it comes to owning and operating a business. Although there are a number of types of licenses in Montana, the two most frequently used are the All Beverage with Gaming and the Beer & Wine with Gaming. Since the mid 80’s Montana has allowed holders of both […]