Posts by this contributor:

    A Good Decision Is Important (For Note Investors Too!)

    July 5th, 2011

    I took quick moment to read an article from the 2011 Deal Making Summit in San Diego. It definitely outlined the basis for the confusion banks are seeing in the CRE NPN and REO market. Read the rest of this entry “

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    What Is The Timeline For A Note Deal

    May 25th, 2011

    I get this question quite often. So many investors base their timeline to close a real estate transaction based on their “traditional” experience of buying and selling real estate. Well that’s where most people go wrong. Buying notes is usually a faster transaction, especially when you compare it to doing short sales and the time it takes to negotiate one of them.

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    Becoming the Sherlock Holmes of Commercial Due Diligence

    April 12th, 2011

    What many commercial note investors don’t realize is that the bank that is selling the note doesn’t usually have financials or rent rolls to provide.  As a note investor, you are buying the debt and not the actual property.  Now while you are buying the mortgage, you should still evaluate it based on the underlying real estate.  But how do you do that on an apartment or retail center without having the rent rolls or financials?  Apartments are hot right now with it being hard to get traditional real estate financing for consumers.  Rent rates are up along with decreased vacancy rates and values of apartments are climbing across the country in just about every market.

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    Finding Non Performing Commercial Notes

    March 31st, 2011

    If you are interested in buying defaulted notes on residential or commercial properties direct from the bank on a regular basis, then you have to realize that following up with your banking contacts on a regular basis is the critical lifeblood of your business. It becomes even more important when you are direct to over 1000 banks across the country.

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    Learn How To Do A Short Paper Transaction

    February 22nd, 2011

    There is very little paperwork involved with buying the note, unlike short sales! Where short sales can drag on for months and sometimes years (I know of one situation that took 60 months to close), the difficult thing is just finding the right department inside of the bank to have them approve the sale of a single note.

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    What Motivates a Bank to Sell Their Notes?

    February 14th, 2011

    Many investor’s that we deal with on a daily basis are used to dealing with traditional transactions where they make an offer on a distressed property and then buy it and then sell the property for a profit from either rehabbing it or buying it distressed enough. A lot of investors have a hard time grasping the fact that banks would sell their defaulted and distressed notes at a big enough discount to make it worth the investors time to buy the note and still come out ahead.

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    Insider Tips On Private Equity Investing

    January 28th, 2011

    When investing in private equity, there are six key factors or secrets to consider to finding successful and more importantly, profitable private equity deals.

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    What is a Short Paper Transaction?

    December 29th, 2010

    While many investors, realtors, and homeowners are familiar with a short sale transaction where the property is sold at a loss by bank with the institution taking a loss on the underlying note and or asset, most people don’t realize that banks have been doing something very similar since the beginning of banking.

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    Top Mistakes New Investors Make When They Buy Rental Properties

    December 17th, 2010

    Do you know the TOP 10 MISTAKES that new investors make when buying investment (rental) properties across the country? There is so much more to consider beyond just cash flow and appreciation. Here they are:

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    How Do I Start Investing In Real Estate If I Have Limited Funds To Use

    August 6th, 2009

    You bet there is! Wholesaling, taking over properties subject to, and options are great ways for new investors or those with limited funds to break into real estate with little to zero money out of pocket.  Wholesaling is about as simple as it gets.  All you have to do is find a property that is well below value, get it under contract and assign the contract to another investor who is also going to make money.

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