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While Amazon continues to dominate online retail sales in the U.S., taking business away from the likes of Macy’s, Sears, and JCPenney, many local commercial real estate investors remain unfazed. According to investors such as Paul Sternberg of Houston, while so-called ‘big box’ retailers and department stores are struggling with competition from Amazon, other more local retailers are thriving. With over…
Residential vs. Commerical Real Estate | Paul Sternberg of Houston Tenant expenses, maintenance, leases, and other responsibilities vary considerably between commercial and residential properties, making for two entirely different investment prospects. That’s according to Paul Sternberg, an experienced real estate investor, entrepreneur, and businessman from Houston, Texas. Sternberg goes on to explain that, generally speaking, residential real estate makes for a more…
Paul Sternberg of Houston is a well-seasoned realtor. In a triple net commercial lease, the “triple” refers to taxes, insurance, and maintenance. According to Paul Sternberg, an experienced real estate investor, entrepreneur, and businessman from Houston, Texas, while taxes are largely straightforward and insurance is easily calculated, maintenance is often more complicated. “It’s a big variable,” he says, “and under…
Benefits of Commerical & Residential Real Estate | Paul Sternberg of Houston That’s according to Paul Sternberg of Houston, TX, an experienced real estate investor, entrepreneur, and businessman. “People often ask me, should they invest in commercial or residential real estate?” says Sternberg. “The truth is that there are positive and negative aspects to both, as is the case with almost…
Houston-based Paul Sternberg credits part of his success to what he calls the “Amazon-proof” nature of many of his endeavors. “I saw the e-commerce boom coming and quickly built my business model on what I call the ‘Amazon-proof’ principle,” he reveals. According to Sternberg, these Amazon-proof businesses are operations on which e-commerce will have little impact, either now or in the…
In recent years, NFL teams have set about working on some of the most expensive stadiums in history. These include a $1.6 billion palace in New York, a $1.2 billion home in Dallas and a further $1.2 billion stadium in San Francisco. So, what makes these massive developments possible? “Personal seat licenses,” suggests Paul Sternberg, a serial entrepreneur from Houston, Texas. The businessman successfully acquired a number of personal seat…
Paul Sternberg, of Houston, TX, is a one-of-a-kind businessman who brings decades of experience, a passion for business, and a unique perspective into the classroom. Paul Sternberg began his journey when he graduated from Tulane University in 1987. Fortified with an educational background in business management and intrigued by the interworking of business, he decided to pursue business law. Sternberg earned his degree in the…