Learn Real Estate
Learn Real Estate by Joshua M. Marks, Esq. | May 13, 2008I have often found that many homebuyers lack a fundamental understanding about title insurance. While most past clients have admitted to briefly discussing the topic with their real estate agent, they don’t seem to understand its purpose or function–only that it will be an additional expense on the settlement sheet for which they are responsible. [...]
Read the full article → Entrepreneurship by Richard Warren | April 28, 2008We have all heard the classic saying: It’s not what you know, but who you know. It’s true in life, it’s true in business and it’s certainly true in real estate. The people you know and the connections that you make have a profound impact on all aspects of your life. This was something that [...]
Read the full article → Commentary by Charles Feldman | April 23, 2008In the 60s, Sonny & Cher (before Sonny crashed into a tree while skiing) had a big hit with the song “And The Beat Goes On”–or something like that. Now, in real estate, 2008, a good song title might be “And The Debate Goes On!” The “debate” is whether or not this is or isn’t [...]
Read the full article → Flipping Houses by Richard Warren | April 21, 2008People invest in real estate for a myriad of different reasons. Some people have a very clear plan for what they want to accomplish, while others jump in on a whim. It can be very seductive to see the amount of wealth that can be created in real estate. With so many different avenues available [...]
Read the full article → Learn Real Estate by Connie Brzowski | April 19, 2008If you’re considering real estate as an investment, there’s one thing you’re guaranteed to hear: Now is not a good time. Your brother-in-law, your best friend, and your Great Aunt Minnie (who keeps her riches in a cigar box under the doghouse) will all surely recite text and verse. The time for real estate is [...]
Read the full article → Learn Real Estate by Troy Schuricht | April 18, 2008Due diligence is a term used for a number of concepts involving either the performance of an investigation of a business or person, or the performance of an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of [...]
Read the full article → Commercial Real Estate by Ted Karsch | April 17, 2008The apartment building investor should always be aware of the amount of money that he or she has invested in an apartment building and more importantly the “time value” of that money. This concept of money’s value over a period of time becomes extremely important when comparing and contrasting different apartment building finance strategies. For [...]
Read the full article → Commentary by Mike Farmer | April 16, 2008We’ve all heard about the importance of setting goals, but how many actually do it — I mean, how many actually organize their goals in achievable steps that all lead toward successful accomplishment? I do it better than I did, gaining more discipline as time goes on — through practice. I have a fairly large [...]
Read the full article → Commentary by Milton B. Yates | April 15, 2008If I could just take a few moments and vent about my frustrations with real estate investors who do not follow formulas and do not stick with systems. Sheesh! If it isn’t one bad deal working it’s three bad deals working. Are times that bad that you have to reach for a good deal? NO! [...]
Read the full article → Learn Real Estate by Mike Farmer | April 1, 2008We all know about changes. Change happens all the time. The city you’ve lived in for years looks nothing like it did 5, 10, 20 years ago. Ride around the city, now looking at it as an investor, and everywhere you’ll see once successfully operating buildings now sinking into disrepair, or the businesses operating out [...]
Read the full article → Commercial Real Estate by Ted Karsch | April 1, 2008Financing the purchase of an apartment building can seem like an overwhelming task for the first time investor. Generally, I have seen that both novice and even experienced commercial real estate investors underestimate the amount of work and due diligence that is required on their behalf to get the job done right. Usually it is [...]
Read the full article → Foreclosures by Richard Warren | March 24, 2008Last week I wrote an article about “Lucky”, the wanna-be real estate tycoon (article). The article was meant to be a tongue-in-cheek story, yet many people took it seriously. The fictional character “Lucky” was a composite of many people that I have met over the years. He was portrayed as someone who wanted to get [...]
Read the full article → 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 [...]
Read the full article → Commercial Real Estate by Ted Karsch | March 17, 2008Apartment buildings are the most profitable of all commercial real estate investments partially because they give the owner and investor so many ways to increase the bottom line. The bottom line or profit margin as it is known in other industries is called the net operating in commercial real estate investing. The NOI is devised [...]
Read the full article → Flipping Houses by Richard Warren | March 17, 2008This is the saga of “Lucky” the newbie investor. Lucky has big dreams of being an ultra successful real estate mogul. He is addicted to all of the flip-and-grow-rich TV shows, he just can’t get enough. He sits in front of the TV night after night watching property escalator, real estate jocks, flip this flophouse [...]
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“And, The Debate Goes On”: To Invest Or Not To Invest In An Upside Down Real Estate World
by Charles Feldman | April 23, 2008In the 60s, Sonny & Cher (before Sonny crashed into a tree while skiing) had a big hit with the song “And The Beat Goes On”–or something like that. Now, in real estate, 2008, a good song title might be “And The Debate Goes On!” The “debate” is whether or not this is or isn’t [...]