The Pay or Go Calculator - to Default or Not to Default
Tuesday, December 22
Here is another sign of the times with regards to the concept of the “Strategic Default”. If you are underwater on your mortgage it would appear the lawyers are lining up to “help”.I just ran into this website with it’s “Pay or Go” calculator. http://payorgo.com/You plug in your numbers on what y...
The "Strategic Default": Is it Socially Acceptable to walk away from your Loan
Friday, December 18
Morgan Stanley is handing a multibillion dollar portfolio of San Francisco Office Property back to the bank and single family REO is an epidemic. Is it now socially acceptable to walk away from your loan if you are under water?Here is my spin and recent links on the subject http://TwitPWR.com/zYi...
Commercial Property Tenant Due Diligence Secrets
Tuesday, December 15
Due Diligence is the disciplined process you use to lower the risk of investing in Commercial Property. This risk typically comes in four “flavors” when you are investing in Commercial Real Estate. Market Risk: Will the fundamental conditions of this market allow me to meet my return on investme...
Your Property Manager your Due Diligence Workhorse – Teleclass download
Thursday, December 10
Never Ever Ever … take a property under contract without a quality local Property Manager on your team. Our latest “hype-free” Commercial Power Hour Teleclass shows you why your Property Manager is the workhorse of your Due Diligence Team in all phases of the process – Market | Financial | Tena...
Commercial Property Negotiation Tactics - “Move the Middleâ€
Tuesday, December 08
In Commercial Real Estate Price negotiations, a natural response is to try and “meet in the middle”, once an opening price has been established. If I say 10 and you say 20, both sides expect a middle position response, in this case 15, as a “reasonable compromise” to begin to lower the price.Let ...
Dangerous Property Manager Contracts - Don’t Sign if your contract says this …
Wednesday, December 02
Your relationship with your Property Manager is key to the success of your Commercial Property Investments. This relationship starts with your Contract AND we have found a lot of Property Managers Contracts are heavily weighted in favor of the Property Manager.These dangerous contracts are often ...