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All Forum Posts by: Howard Abell

Howard Abell has started 4 posts and replied 122 times.

Post: Mortgage Note Funds

Howard AbellPosted
  • Commercial Real Estate Broker
  • Chicago, IL
  • Posts 123
  • Votes 59

Check out The Bawld Guy in San Diego. (Yes, that is the blogs title, "the bawld guy.com")

His name is Jeff Brown. He might even be a member of BP.

Post: Can someone check my math?

Howard AbellPosted
  • Commercial Real Estate Broker
  • Chicago, IL
  • Posts 123
  • Votes 59

Hi Shawn,

I cannot give you advise about cashing out or not but I can say something about your assumption of owning for 30 years. This might be simpler for calculation sake but you are leaving a great deal of money on the table by such a long term buy and hold. Just consider the equity build up over 5, 7 or 10 year periods that you could extract from your property and re-position into a larger property or several smaller properties. This is only one example of strategies that are available in real estate that are not available in securities. Your two million of equity could be double that or more depending on external factors.