How to Solve the Raccoon Blues
Thursday, August 09
A while back, a tenant complained about strange sounds coming from above his workspace. Sounds like scurrying and rustling, which made me guess that it was some sort of squirrel that had gotten into the space between the ceiling and the roof. I was out of town when I first got the complaint, so I...
Consider Commercial Private Lending Companies
Thursday, August 09
A robust residential hard money lending industry has been around a long time and may be at an all-time high due to the popularity of residential fix and flip investing in the United States. Recently, commercial hard money lending has gained traction and may be a valuable tool to seasoned real est...
Is it me or are all FHA buyers needing closing cost assistance?
Sunday, February 11
Since the beginning of 2017, I have sold four flips to FHA buyers. Each one wanted closing cost assistance. Two of these flips were in Oklahoma, one was in Texas, and one was in Philadelphia. All of the closing cost assistance amounts varied, with two of them equally nearly the entire amount n...
Are you liquid?
Thursday, July 14
Like all parties my friends, this one will also come to an end. The clock is ticking, but I am not sure if it is 11:30 pm or 2:30 am. It is hard to tell if there is still a lot more fun to be had. I know that I am yawning a bit and thinking about hitting the proverbial hay. I will say that th...
Put yourself in a better position to take risk
Wednesday, January 20
Friends and family often come to me for advice on personal finance topics. I find it to be an honor and always try to find time to sit down and talk. Usually it relates to their mortgage or a decision to buy, sell or refinance their home. These are easy conversations that are generally 60% mat...
How Cap Rates Influence Your Commercial Appraisal
Wednesday, August 26
Definition of Cap Rate:Have you ever heard someone state that a property traded at an 8 cap? It sounds important, but it is not that easy to understand, especially for the lay person. Is a high cap rate a good thing or a bad thing? I will tell you this, it is best not to learn this concept fro...