These days, just plain hard work and working long hours are likely not enough to be a successful professional in the real estate arena. Competition and changing market conditions make it imperative that you have skill-sets that allow you to stand out, in order [...]
William Hutchings, who is not old enough to retire in the traditional sense, works two days a week and enjoys spending the other five days any way he wants to. Tom and Roberta Standen, in their 70s, continued to work their cash flow business [...]
This article is intended for those note brokers who primarily work with groups of private investors and do not broker their notes to large institutional buyers. However, after reading this, those of you who only broker notes to institutions might be encouraged to work [...]
Article by Michelle R. Rodriguez Woodland Hills Mortgage After the Consumer Financial Protection Bureau (“CFPB”) released the final Loan Originator Compensation Rule in early 2013, there has been a lot of confusion surrounding the Seller Financer Rule or Seller Carry- Back Rule. It is [...]
This morning I received a call from George, the Coldwell Banker Broker now managing the office I sold ten years ago. In our discussion, he said, “Thank you for the time and effort you made to open our minds and teach us about the [...]
It is no secret to anyone who has been in the real estate business or financial market for more than a decade; that the Real Estate Market is cyclical. When the market suffers from a downturn due to any cause including the increase in [...]
Last summer, we had gophers up the “gump stump” terrorizing annual flowerbeds, perennials, shrubs, and our new turf. Actually destroying everything green and living in, on, and under the ground. Our defense included high-impact bombs, guided underground missiles, gopher gassers, laser beams, and an [...]
Many “old-timers” will recall the year 1979 when interest on real estate loans soared higher and higher, then finally skyrocketed exponentially almost overnight to over 20%. Jimmy Carter was President at the time and in late October of that year the Stock Market Crashed. [...]
Recently, while performing our duties as a servicing agent for promissory notes and contracts, we noticed a proliferation of transactions involving taking title to property “subject to” an existing loan, all-inclusive notes wrapping around an existing note, and Contracts of Sale (sometimes referred to [...]
It all started back in 1984. That is my experience in dealing with Fractionated notes. I had just retired from the California Highway Patrol where I served as an Area Commander and had begun training as a Commercial Real Estate Investment Broker. I received [...]
