Real Estate Deals
Real Estate Deals by Mike Farmer | March 22, 2008Real Estate Investment Economics When considering the economic viability of an investment, present income and future income should be evaluated carefully along with changes and predictions of demographics. A fully rented strip mall may look attractive to start with but an evaluation is in order to determine economic viability. Is the area growing at a [...]
Learn Real Estate by Jim Watkins | March 20, 2008How Valuable is One Lead? People often ask me what the average response rate is when mail marketing to homeowners in pre-foreclosure. There are two answers depending on what the content of the letter is. If the purpose of the letter is to see if the homeowner is willing to sell, then the average response [...]
Commentary by Mike Farmer | March 11, 2008The other day I went to a listing appointment and gradually asked enough pointed questions and did enough research that I passed on listing the property. Upon first glance the lot seemed simple, but I noticed some odd layout to the side of it that made it unclear where the property lines ran. After doing [...]
Commercial Real Estate by Ted Karsch | March 10, 2008As a commercial finance consultant I speak with new apartment building investors on a daily basis whom respond to one of my fliers or visit my website. Typically, here is how the conversation unfolds: Investor: Hello Ted, my name is “first time apartment building investor” and I am calling because I was visiting your website [...]
Commentary by Joshua Dorkin | July 27, 2007I noticed a property listing on Craigslist, titled “$150000 THIS IS THE BEST DEAL IN TOWN” and decided to take a look. Since I was about to find out about the best deal in town, I was really anticipating what was to come. Sadly, what I found was just another loser property. If you’re new [...]
Learn Real Estate by Joshua Dorkin | June 26, 2007Re-Evaluate Your 2007 Real Estate Goals Hey everyone! We’re fast approaching the end of June and the mid-point of 2007. Back in December, many of you participated in our 2007 Real Estate Goals Group Writing Project and others joined our forum discussion, sharing their goals. As we get closer to July, I wanted to remind [...]
Real Estate Deals by Joshua Dorkin | May 31, 2007Here’s a cautionary tale for everyone out there . . . I recently attended a real estate investing club meeting and was absolutely shocked and angered by what I heard and saw. If you want to find out about what an investment club shouldn’t be doing, then read on. Lack of Real Estate Education I [...]
Commentary by Joshua Dorkin | May 14, 2007Many people will quibble over a few hundred or thousand dollars in the purchase of a home after an inspection takes place. Often times, deals can fall apart because of the inability to compromise. Both buyers and sellers can do their part to prevent this from happening. Lets see what buyers can do to: How [...]
Commentary by Joshua Dorkin | April 28, 2007I was recently reading a discussion on our forums, where someone asked “How can you know for sure if someone is really making another offer? What if this happens…is there anything you can do?” There were some good responses on the forums, but I wanted to share a little story about a situation I recently [...]
Foreclosures by Joshua Dorkin | January 11, 2007Auctioneer Hudson & Marshall of Texas Inc. announced today that they will be holding an auction to market over 300 REO (Real Estate Owned) homes in the Detroit area on Saturday, January 20 and Sunday January 21, 2007 at 1:00pm at the Hyatt Regency Dearborn. All properties are sold “as is” and interested buyers are [...]
Landlord Tenant by Joshua Dorkin | November 16, 2006I was talking to some friends who were looking at purchasing a condo together. They wanted to know what I thought about the premise of them owning a rental property as partners. Should friends or family purchase rental property together? I try to advise people to stay away from partnering with friends or family, because [...]
Real Estate Deals by Joshua Dorkin | November 12, 2006Sales records were just smashed by the new Trump International Hotel and Tower Waikiki Beach Walk condo-hotel. Four hundred sixty-four hotel suites were purchased for over $700 million by investors last Thursday. “Developers said the sales set a record for the amount of residential property, both in dollar value and unit volume, sold in one [...]
Real Estate Deals by Charles Feldman | October 30, 2006Okay…it was bound to happen. After all that bad news about falling prices in the real estate sector, along comes some real estate professionals in San Francisco to say–hey, not here, buddy!–We’re Okay. According to North Gate News Online (UC Berkeley Graduate School of Journalism)-some of the experts in SF insist the dismal housing prices [...]
Mortgages & Lending by Charles Feldman | October 25, 2006Last year was an out and out bummer if you wanted to find yourself a real estate bargain. As Dian Hymer says, writing for Boston.com,the bargainless real estate market of a year ago was due in large measure to the fact that inventories of homes for sale reached record low levels. But what a difference [...]
New York Real Estate by Charles Feldman | October 20, 2006Wouldn’t want to be the broker for this deal — Metlife sold the 80 acre Stuyvesant Town in Manhattan for 5.4 BILLION dollars, making this the world’s biggest real estate deal ever, says Charles Dubow in BusinessWeek.
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Joshua DorkinMarty Boardman
Jeff Brown
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Ken Corsini
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Jason HansonKevin Kaczmarek
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The Importance of Real Estate Inspections: Be A Detective when Buying Property
by Mike Farmer | March 11, 2008The other day I went to a listing appointment and gradually asked enough pointed questions and did enough research that I passed on listing the property. Upon first glance the lot seemed simple, but I noticed some odd layout to the side of it that made it unclear where the property lines ran. After doing [...]