Real Estate Notes: What are they, and what are the Benefits?
Monday, November 02
In simple terms, real estate notes are documents secured by real estate that obligate an individual or a company to make payments to another individual or company. Notes are created when a piece of real estate is sold. The person who promises to pay is the maker of the note, and the person who ...
How to Set Up Real Estate Notes That Retain Value over Time
Monday, November 02
There are a variety of situations that lead to owner financing, and if you choose to use this option when selling your property, there are some things that you should keep in mind when creating real estate notes. As the seller, you might intend to keep the note for now, but circumstances down th...
Three Basic Types of Mortgage REO Notes
Sunday, November 01
There are many types of mortgage notes but I want to summarize them and group them into three important categories in today’s market. In this Blog I will cover the first type of Notes: Residential REO Notes: These are mortgage notes created against single-family homes. The borrowers pay usually...
What to do when a business contract goes bad?
Sunday, November 01
Every business relationship should be spelled out in writing and every agreement must have a clear outline between the parties to clarify who does what, when, how, and why. But no matter how good the attorneys that are drafting these contracts are, they often cannot anticipate all the various sc...
Business Enterprise vs An Investment Asset
Thursday, October 29
Think of your business enterprise as having a bathtub (that’s your organization) and you are trying to fill it up with warm water to bathe in it (to enjoy the net revenue). You must do it within budget (expenses are like holes in the bathtub that cause the water to seep through) and you must als...
A checklist to follow when buying an existing business
Thursday, October 29
I have met many people that have saved enough money from their professional careers and they are ready to take their business life to another level by buying an existing business. Since this is not an easy task, I decided to spell out a few important factors you must consider if you are about to...