Be Your Own Landlord

Are you a business owner at a crossroads?  With historically low rents and historically low prices and interest rates for commercial real estate, which option is best?

It’s a common question, and the answer is rarely obvious.  This workshop explained the economic difference between the two scenarios. We did the math that will show the nuances between paying rent to someone else, and paying it to yourself.

Cash invested in real estate is cash that becomes unavailable to the business, but SBA Loan programs, tax benefits, and the ability to sell the property at a future date are all factors that
will be considered.

Kelly Muldrow from the Windermere Real Estate’s Commercial Practice Group was available to share his expertise and resources for accessing SBA 504 funds.

About the Speaker

Kelly Muldrow is a Managing Broker in Windermere Real Estate’s commercial practice group. Since 2004, Mr. Muldrow has been involved in real estate sales and leasing, investment analysis, and commercial development, representing a broad array of clients, including investors,
developers, tenants and small businesses.  He is licensed in Washington State and has been awarded the prestigious CCIM designation.

Mr. Muldrow is the current Chairman of the Board of the Bainbridge Island Chamber of Commerce, and is a member of the Bainbridge Island chapter of Rotary International. He earned his BBA in Finance from the University of Oklahoma in 1990.