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Leasing vs. Buying: Tough Property Decisions for Nonprofit OrganizationsFebruary 7, 2019Long-term sustainability is a major element in the property decision making process for nonprofit organizations. Nonprofits should hire a market professional to analyze the market and the agency's long-term goals. Two Forks in the Road, Two Hard Choices The choice between leasing and buying is like coming to two forks in... -
California School Bonds Plan to Improve Buildings, ProgramsJanuary 29, 2019In November 2018, California voters passed most of the 125 bills seeking to fund improvements in local school districts. The bills represented more than $15.7 billion in construction bonds, with more than $14.8 billion approved by voters that will fund everything from asbestos and lead removal to entirely new... -
How to Blend Mission and Money in Real EstateJanuary 14, 2019One for-profit business selling property to another is straightforward, as is one nonprofit organization selling a property to another. But what about a husband and wife who want to sell a rental property so that it sustains them in retirement but also want to ensure that the property continues... -
The Empty Church Epidemic - Faith vs. FinancesDecember 11, 2018American churches are finding that their buildings are no longer the community social landmark they once were. A decrease in faith is partially to blame; the percentage of adults who identify as Christian dropped from 78.4% in 2008 to 70.6% in the latest Pew survey. The greatest decline can... -
Creative Ways to Improve School AttendanceDecember 4, 2018After all the lesson planning and class preparation that teachers do to help students succeed, sometimes the biggest challenge is just getting students to show up. Studies show that students who miss school score lower on standardized tests and are ultimately less likely to graduate from high school. Attendance... -
Uber vs. Church - The Sharing EconomyNovember 26, 2018On average, cars spend 95 percent of the day parked, doing nothing. That’s a big part of why Uber has taken off. It gives drivers the opportunity to put those wasted hours to use. Think about your church building. On average, how often is it used? On Sundays, for sure,... -
Does Your Residential Real Estate Agent Prioritize You?November 13, 2018Back before smartphones and electronic document signing, Humberto Vasquez had a real estate client who needed to sign a contract offer on a short deadline. He was flying into town on a red eye and had a full day planned starting early the next morning. “No problem,” said Vasquez, now... -
Four Reasons to Explore Workforce HousingOctober 27, 2018Research shows that teacher-student relationships are vital in creating successful learning communities, and both teachers and students gain an advantage when teachers are able to live in the communities they serve. School employees who are part of the community stay invested in and connected to the families they work... -
Why You Should Check Your Church's Property Title ReportOctober 19, 2018Correcting out-of-date and inaccurate property titles isn’t on the top of many to-do lists, but the consequences of ignoring them could prove dramatic, especially if the congregation decides to sell the property. The best way to avoid any property title pitfalls is to pull a preliminary title report. The report... -
When to Lease an Unused School PropertyOctober 11, 2018When a school district has a piece of property it isn’t using, the school board members must ask themselves two basic questions: Will they need the property anytime soon and would the property be worth something if it were to be repurposed to a commercial or residential use? If the... -
When to Put Unused School Property Toward a Community BenefitOctober 5, 2018School districts have the disadvantage of building schools that last for decades to meet student enrollments that can shift tomorrow. Sometimes that leaves districts with unused properties that once served an important purpose but don’t any longer. When that disuse is more than a temporary hiccup, school districts must decide... -
San Francisco Increases Tax on Commercial RentsOctober 3, 2018Voters in San Francisco recently approved Proposition C, a ballot measure that will increase commercial rent tax in order to fund childcare and early education programs in the city. The Gross Receipts Tax (GRT) is a tax on the total revenue a person or company makes by doing business in...
