Fishman Realty

Daylight Savings Time ends November 6th- By Lisa Desrosier

Daylight Savings Time ends at 12:01am on November 6th.

With that are a few things to think about:

  • If you use a timer on your electricity, don’t forget to reset it to the new time
  • It is also a great time to check/change your fire alarm batteries
  • Pull in your hoses and turn off the water to your spiget
  • Don’t forget about your furnace.  It should probably be cleaned before the cold settles in
  • And if you’ve forgotten to have your sewage pumped (for you well people) you might want to get that done before the ground freezes.
  • You might do a test run with your generator (if you haven’t already had to use it) in the light of day while you still have power and time to make any repairs if needed
  • Have you lined up your plow company for your driveway (your young shoveler)
  • Do you have canned food?  More importantly, I suppose, do you have a manual can opener? Get your “power outgage plan” in place before you need it!  Who wants to be in the long lines at the grocery store the day of the storm?  Well, unless you like the social aspect…. 

 As we prepare for the typical Maine weather, we always want to be like the Boy Scouts and “be prepared”!  Are you?

Many Smiles and Warm Wishes!

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Thompson’s Point Developers asked to create a Transportation Demand Management- By Tony Donovan

Developers are being asked to meet a new requirement in these days of traffic congestion and mobility issues.  In addition to completing a traffic impact study in order to get site plan approval, local planning boards want a Transportation Demand Management (TDM) plan. Often the planning board and or developer will offer to establish a TDM in return for more favorable lot coverage or parking requirements.

A Transportation Demand Management (TDM) Program is a series of related initiatives aimed at reducing the number of auto commute trips taken by employees, consumers and residents accessing the site. And the TDM is not only for permitting; some municipalities are requiring that the project incorporate a TDM coordinator to review transportation mobility during the life of the development.  This position is fully dedicated to working on the travel options program of the specific project.

 Transportation Demand Management Coordinators are primarily responsible for leading and coordinating the travel options program, establishing traffic and pollution-reducing programs at the worksite while developing cooperative relationships with stakeholders such as regional transit authorities, regional planning associations, tenants, area businesses and municipal transportation departments.

A travel options program would consider recruiting employer partners and facilitating implementation of initiatives to reduce drive alone commuting to work and to sites that are destinations for consumers such as retail or entertainment establishments.  The program would collect and monitor travel-based statistics; monitor monthly/quarterly/annual goals and analyze data to identify Transportation Demand Management opportunities and to assess program effectiveness.

In a city like Portland Maine, it is the business hub of the state and is geographically located on a peninsula.  Portland TDM programs would be based on the desire to reduce congestion, greenhouse gas emissions and air pollution while minimizing the number of parking garages that are developing on land with much higher land-use value.  

These objectives will be achieved through the implementation of transportation initiatives that reduce car dependency and encourage modal shift. Some examples of successful TDM options include:

  • Employee Auto Trip Reduction Program in partnership with a car-sharing organization;
  • Discounted annual bus (and perhaps a future rail) transit passes for all employees;
  • Organization of events such as Bike to Work Week and Rideshare Week;
  • Development of a Guaranteed Ride Home policy;
  • Increased availability of fleet vehicles;
  • Partnerships with the City’s main employers
  • Generation of interest and excitement in alternative transportation modes such biking and walking;
  • Development of safe non-motorized routes to places of work, recreation, schools etc.

A good TDM Program complements existing municipal policy and established developments by providing a focus for future transportation demand initiatives, including an update to the City’s Master Transportation Plan.

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Voting in Portland, Maine

What a weird weekend!!  The Patriots lost to the Steelers, Maine received several inches of snow pre Halloween, and now many people’s attention is being turned to the seemingly strange election for Mayor in Portland.
This morning alone I have gotten four separate communications from potential Mayor Candidates in my email.  It seems so confusing with 15 candidates to choose from and Maine’s first use of a ranked voting system.  So with that in mind I decided to do a little web research and share my findings with you.

My first question…
What is ranked voting and how is it different from other types of voting?
What I learned about Ranked Voting is that it provides an alternative to plurality and runoff elections. In a plurality election, the highest vote-getter wins even if s/he receives less than 50% in the first round and voters must return to the polls a second time.   It seems to me this Ranked voting system, all though confusing at first glance helps to eliminate the need for multiple trips to the voting booth, while also helping to decrease some of the negativity sometimes associated with elections.  The candidates are forced to be more aware of the fact that even if they are not an individual’s first choice each and every vote still could affect their chances for candidacy.   They seem less inclined to bad mouth their opponents.  This I like!
How many choices for Mayor will I need to be prepared to make? 
With 15 Candidates to choose from I have been trying to spend some time figuring out just which one I will choose.  Little did I realize I need to know which one I want in order from 1-15. “On the ballot will be 15 names, and voters will be allowed rank their choices from 1 to 15. The ballot is too complicated to be understood by the city’s voting machines, so only first-place votes will be announced on the night of the election,” said Caleb Kleppner, vice president of TrueBallot Inc. 
I found a really good article written by David Sharp of the Sun Journal that helped me understand more about the new voting system and what could be expected.  http://www.sunjournal.com/news/state/0001/11/30/portland-mayoral-election-be-nontraditional-quirky/1105520?fb_ref=.Tq7KuYrlBLQ.like&fb_source=profile_oneline
I hope everyone takes the time to do a little research of their own on this topic as I am such a fan of our Little City and think it is very important that we take the choice for Mayor serious.  Good luck and happy voting 1 week from tomorrow!

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Everything you should know about Pumpkins…

Just for fun!

  • Total U.S. pumpkin production in 2008 in major pumpkin producing states was valued at $141 million.
  • Total production of pumpkins by major pumpkin-producing states in 2008: 1.1 billion pounds
  • 496 million pounds of pumpkins were produced in Illinois in 2008.
  • Thetop pumpkin production states are Illinois, Ohio, Pennsylvania and California.
  • The top ten pumpkin producing counties in Illinois are Tazewell, Kankakee, Mason, Logan, Will, Marshall, Kane, Pike, Carroll and Woodford.
  • Pumpkins are grown primarily for processing with a small percentage grown for ornamental sales through you-pick farms, farmers’ market and retail sales.
  • Around 90 to 95% of the processed pumpkins in the United States are grown in Illinois.
  • Pumpkin seeds can be roasted as a snack.
  • Pumpkins contain potassium and Vitamin A.
  • Pumpkins are used for feed for animals.
  • Pumpkin flowers are edible.
  • Pumpkins are used to make soups, pies and breads.
  • The largest pumpkin pie ever made was over five feet in diameter and weighed over 350 pounds. It used 80 pounds of cooked pumpkin, 36 pounds of sugar, 12 dozen eggs and took six hours to bake.
  • Pumpkins are members of the vine crops family called cucurbits.
  • Pumpkins originated in Central America.
  • In early colonial times, pumpkins were used as an ingredient for the crust of pies, not the filling.
  • Pumpkins were once recommended for removing freckles and curing snake bites.
  • Pumpkins range in size from less than a pound to over 1,000 pounds.
  • The largest pumpkin ever grown weighed 1,140 pounds.
  • The name pumpkin originated from “pepon” – the Greek word for “large melon.”
  • The Connecticut field variety is the traditional American pumpkin.
  • Pumpkins are 90 percent water.
  • Pumpkins are fruit.
  • Eighty percent of the pumpkin supply in the United States is available in October.
  • In colonial times, Native Americans roasted long strips of pumpkin in an open fire.
  • Colonists sliced off pumpkin tops; removed seeds and filled the insides with milk, spices and honey. This was baked in hot ashes and is the origin of pumpkin pie.
  • Native Americans flattened strips of pumpkins, dried them and made mats.
  • Native Americans called pumpkins “isqoutm squash.”
  • Native Americans used pumpkin seeds for food and medicine.

 

Source: http://urbanext.illinois.edu/pumpkins/facts.cfm

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09/14/2011- Blood Drive sponsored by Fishman Property Management

On July 11th the Red Cross in Portland, Maine issued a Press Release stating that, “New England Red Cross blood supply has dropped to critically low levels.” The Red Cross is in desperate need of donors with all different blood types to help them recover from this shortage. 

Please join our staff September 14th, from 12:00-7:00, and donate to this very worthy cause.   Our office is sponsoring a public Blood Drive at the Red Cross on 524 Forest Avenue.  All donors will be entered in a raffle to win a $100 Gift Card to Home Depot to put towards their next home project, and will also receive the heartwarming feeling that comes from possibly saving another person’s life.  

Individuals who are 17 years of age, meet weight and height requirements (110 pounds or more, depending on their height) and are in generally good health may be eligible to give blood. Please bring your Red Cross blood donor card or other form of positive ID when you come to donate.

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Tired of Craigslist Scammers??

Craigslist is a very useful search engine for many people looking for both goods and services worldwide.   Its reach is virtually limitless with more than 50 countries currently having Craigslist sites.  Last year Craigslist was in fact ranked the 37th most accessed site among websites worldwide.   I’m sure anyone that has used Craigslist recently has observed the growth and noted that this amount of exposure can be both a blessing and a curse. 

Many of our Landlord clients have come to us very frustrated by the number of “Scam” responses they have recently had to sift through when attempting to rent property on their own using Craigslist. “Hi I am relocating from Kazakhstan and will send you a security deposit directly into your account today if you give me your account number.”  Although most people are smart enough not to fall for these types of “Scams”, it still becomes frustrating and time consuming when all you are trying to do is find good quality tenants.   

Our Rental Division has developed a thorough screening process to use for both email and phone inquiries that would eliminate this headache for you.   We will sift through all the bogus emails and then set up showings saving your time and frustration with Craigslist.    In addition to this we will be sure to advertise your property on our company website along with 13 other rental sites to be sure your property exposure is maximized and not JUST being advertised on Craigslist.   Please contact us for more information.

If you would like to find more ways to protect yourself from “Scams” on craigslist please consult the link below:  http://www.craigslist.org/about/scams

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Graffiti in Portland

Now that the snow has melted it is apparent that many properties in Portland have become victim to graffiti “artists.”   While some believe this form of expression is art, in all actuality it is a crime, and can be very expensive for property owners that have to pay to have it removed or covered up. 

Graffiti comes in several forms but the most common type in Portland is called “Tagging.”  These vandals gain notoriety from other “artisits” by leaving their tags in as many places as possible.  This is what you usually see on stop signs, buildings, and trains as you wait for them to pass.  Taggers often will damage private property for the thrill of getting caught and also for recognition from their peers. 

In a recent study done by the National Association of REALTORS a property located in a community with graffiti will lose 15% of its value.  If this graffiti is profane or offensive the property owner could lose 25% of their value.   These figures do not account for the loss of business a business owner could endure if they do not have a professional clean image due to graffiti.  The US Department of Justice estimates that, “$12 billion a year is spent cleaning graffiti in the United States.” 

If you or someone you know is having problems with graffiti do not be afraid to let the authorities know.  You should also remove of it immediately so as not to encourage further tagging.  Fishman Property Management has many effective ways to remove graffiti for our clients without causing harm to the property or the wallet.  Please contact us and find out about all of our property management services.  

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Is Real Estate Still a Hedge Against Inflation?

Currently, there is broad concern that the inflation rate will increase over the next few quarters.  Brazil, China and even the UK are dealing with it while domestic consumables and petroleum prices have significantly increased over the past year.
 Moody’s Economy.com (http://www.economy.com/default.asp) predicts modest growth over this year and next which is a .4% growth from 2010.  Certain large retailers are seeing rapid cost increases in their products, and suggest inflation will definitely increase in the near term. 
 We have been taught that Real Estate is a good hedge against inflation, but the current economy is atypical, so it begs the question of whether the popular wisdom still holds true.  Past studies have shown that commercial Real Estate does protect holders from the risk of inflation.  Most of these studies were prior to the late 80’s and early 90’s when we experienced the horrific effects of the 1986 Tax Adjustment Act and the savings and loan crisis.  As many of us recall, Real Estate values and revenue in the late 80’s and early 90’s decreased markedly.  By the mid 90’s values and returns again increased to a level greater than inflation.
 As unemployment remains high, the demand for commercial Real Estate will remain sluggish for a number of quarters.  Some occupancy levels are slowly coming back, and trophy properties in many markets are commanding higher prices with good returns.  These properties are selling with low vacancy rates and stable income.  Additionally, these properties are selling at very low cap rates in the +/- 5%- 6% range, and have little likelihood to see increases for a long time. 
 On the other hand, less secure and distressed properties will sell at significantly lower prices, and will offer greater potential for improvement and shelter from inflation. 
 Analysts are suggesting that total returns from Real Estate could be in the 10-11% range over the next 8 quarters.  Vacancies will decrease and rental rates will increase, and that will be the principle stimulus to increased returns.  If commercial real estate does provide returns, at 10% or higher, that is still a good inflation hedge, but investing in properties experiencing vacancy and reduced rent rolls may not be for everyone.  The wise investor with an experienced agent and professional property management has great opportunities to increase values and be well protected from inflation.  
 Recently, the multi family market has performed well.  We still believe in paying fair value for well positioned properties with strong rent rolls. Office, industrial and retail properties still provide these opportunities.  So there is still wisdom in keeping with the basics.  Well invested, reasonably leveraged Real Estate is a solid investment that offers strong asset and inflation protection.  Let your professional agent help you find the investment that meets your goals.

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Where Americans are Moving..

I recieved this link today and thought I should share it with everyone. It is map of the United States that shows where Americans are moving to and from organized by County. Click on Maine then click on the Cumberland County. It is very apparent that more people are moving out of Maine then are moving to Maine. Makes me wonder what we can do as a State to change this and bring people and business to Maine. Check it out it’s very interesting!http://www.forbes.com/2010/06/04/migration-moving-wealthy-interactive-counties-map.html

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To GO to work, or not GO to work? That is the question…

Who wouldn’t love to stay home and work all day in their pajamas? This is definitely one of the advantages I can see to working from home. It can also be one of the disadvantages depending on your personality and work style.

Working from home or “telecommuting,” provides many people with more time with their family, flexibility, and a financial savings on office expenses. There is also a savings on gas, wardrobe, not to mention time spent traveling to and from work.

So what are the disadvantages to working from home?  Over 40 % of the U.S. population could work from home at least part-time if they wanted to, but don’t.

Why is this?  If you are someone that has worked from home in the past, I don’t need to tell you that there is a competitive spirit that comes from getting out of the house and going to the office every day. Some people experience less pressure when “telecommuting,” and have less drive to succeed subsequently. There is also the personal distraction of chores, phone calls, children and pets that can limit the amount of work you get done from home. These may be the reasons that you decided to stay home in the first place.

If you are a business owner that is currently working from home and finding it is not fitting your work style, contact Fishman Realty Group. The available office space in Portland is plentiful and we can surely find something within your budget and close to home. And if working in your pajamas is a must…You can make that a company policy in your new office!

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