Boyne Golf recently announced that its Bay Harbor Golf Club (The Links and The Quarry nines) and The Heather and Arthur Hills courses at Boyne Highlands Resort have achieved 2015-16 “Best In State” recognition from Golf Digest. (Click here to see Northern Michigan's finest collection of Boyne Mountain vacation rentals)

With about 850 courses in the golf-rich Wolverine State, their rank among Michigan’s best 25 courses places them in the top 3 percent, joining esteemed companies such as private venues Oakland Hills Country Club and Crystal Downs Country Club. Bay Harbor’s The Links / The Quarry 18-hole combination is also rated among the “100 Greatest Public Courses” in the United States by the publication. (Click here to see all Boyne…

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Illiquid refers to a stock, bond, or another asset that cannot be sold or exchanged for cash without suffering a significant loss in value. Illiquid assets can be difficult to sell rapidly due to limited trading activity or interest in the issue, as evidenced by a scarcity of ready and willing buyers or speculators to buy or sell the asset. Illiquid assets have smaller trading volumes, larger bid-ask spreads, and higher price volatility as a result.

The polar opposite of liquidity is illiquidity.

  • When security or another asset cannot be easily and rapidly sold or exchanged for cash without suffering a significant loss in value, it is said to be illiquid.

  • Due to a lack of ready and willing investors or speculators to purchase the…

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If you ask any real estate specialist about the advantages of investing in commercial property, you'll almost certainly get a monologue on how commercial property is a better deal than residential property. Commercial property owners adore the extra income flow, the cost-saving economies of scale, the level playing field, the plentiful market for excellent, inexpensive property managers, and the potential for a larger reward from commercial real estate.

But how can you decide which homes are the best? What distinguishes the good deals from the bad?

TAKEAWAYS IMPORTANT

  • Commercial real estate holdings, like other investments, begin with a solid blueprint.
  • Learn how the commercial real estate market differs from the residential real estate…

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What Exactly Is Liquidity?

The efficiency or convenience with which an asset or security can be converted into immediate cash without influencing its market price is referred to as liquidity. Cash is the most liquid of all assets.

Important Takeaways

  • The ease with which an asset, or security, can be changed into immediate cash without impacting its market price is referred to as liquidity.
  • The most liquid asset is cash, while tangible assets are less liquid. Market liquidity and accounting liquidity are the two basic types of liquidity.
  • Liquidity is typically measured using current, quick, and cash ratios.

Liquidity: An Overview

To put it another way, liquidity refers to the ease with which an item can be bought or sold in the…

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The leading Tourist Destination in Lake Michigan

Lake Michigan was derived from the word Mishi game which refers to a big lake. The lake is one of the great water bodies in North America. Lake Michigan is the only great lake lying entirely in the United States. It’s believed that the first Europeans to see Lake Michigan were French merchants and explores in the early 1600s. Glacier movements with massive ice sheets eroded the land leading to its creation. The great lake shares its boundaries with four states which are; Indiana, Michigan, Illinois, and Wisconsin. Lake Michigan is classified as the leading tourist destination attracting people from all around the world. (Click here to see Northern Michigan's finest collection of Lake Charlevoix…

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Looking for a quintessence experience during your next vacation? Then Northern Michigan is the place to visit for its beautiful scenery coupled with awe-inspiring sunset and sunrise views. There is a large, sandy shoreline accenting this waterfront community and eye-catching beaches that highlight the vantage area. As you stroll the 60-mile shoreline, you’ll come across the gorgeous sailboats anchored at the busy harbor. Besides, the unique architecture in this Lake Michigan area creates landmarks that highlight the classic vacation points you might want to visit. (Click here to see Northern Michigan's finest collection of Lake Charlevoix vacation rentals)

Here are some of the vacation ideas for first-time Lake Charlevoix…

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Harbour Club Condominiums offer one of the best views of Round Lake and downtown Charlevoix. (Click here to see Northern Michigan's finest collection of vacation rentals)

Round Lake is world renown for being the perfectly protected Great Lakes harbor.

The Harbour Club neighborhood is known for having an upscale waterfront living environment on world-class Lake Charlevoix and more specifically Round Lake in Charlevoix, Michgigan.

Amenities include a lakeside pool, attached garage, and ideally located just a short walk to downtown shops and restaurants. This is similar to the Foster Boat Works neighborhood.




For more Lake Charlevoix investment opportunities, read the following article. In addition, we have the…

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Feel like basking in a place where Ernest Hemingway spent his summers as a kid? Interested in having a cottage on the Shores on Walloon, with its crystal clear waters and one of the deepest lakes in Michigan? How about staying at Hotel Walloon, where you can step back into 20th-century charm with modern amenities? (Click here to see all Walloon Lake home for sale) Then considering visiting, or even having a summer home at Walloon Lake.

First, Walloon Lake and the Surrounding Village are not huge. There are only 290 locals,

And if you want to reside there permanently or have a summer cottage there, do be prepared to bring your checkbook. Walloon Lake Real Estate in Boyne City,  or even 8.5 miles away in Petoskey, will run you around a cool million…

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Is The Northern Michigan Condominium Lifestyle Right For You?

Condominiums are one of the most misunderstood types of real estate you can buy. They get a lot of hate when compared to apartments and homes for no reason. Many people are unable to tell you the difference between an apartment and what a condo is. Moreover, condos come in multiple forms and can look like a house, apartment, or townhome. The thing that defines a condo is ownership. (Click here to see Northern Michigan's finest collection of vacation rentals)

Our team has an entire list of reasons to buy a condo and reasons not to buy a condo. Living in a condo is different than living in a home. There are always a few things to consider when moving to a condo: finances and social life. A…

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What's the Difference Between Single, Double, and Triple Net Leases?

An Overview of Single, Double, and Triple Net Leases

A triple net lease (NNN) is a type of commercial lease that helps landlords decrease risk. A triple net lease is one of three forms of net leases, which are real estate leases in which the tenant is responsible for one or more additional costs. Net leases are commonly employed in commercial real estate and typically include property taxes, property insurance premiums, and maintenance expenditures. Single net leases and double net leases are the other types of net leases besides triple net leases.

In a single net lease, the tenant is only responsible for paying property taxes in addition to the rent. The renter pays rent…

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