September 19, 2017
What originally prompted me to write on this subject? In one year, we had two of our investors report to us that their property managers stole money from them. I was shocked, and wanted to warn investors to be sure to manage their property managers.
Nearly always, your... Read More
September 6, 2017
Many inexperienced people think that commercial real-estate investment is just a passive investment – you just sit back and collect lots of money.
Nothing could be further from the truth. Do you just sit back and collect money passively if you run a restaurant? No! There is a lot of work... Read More
August 30, 2017
If you have money to invest, read this article. Why? It tells you a number of reasons for commercial Real-Estate being a great investment. Some think it’s the number one investment of all investments.
Let’s get right to it:
1. The Power of Leverage –
*So many commercial Real-... Read More
Have you developed a similar size project in the past 10 years, or several projects combined that equal the size of the project to be developed or... Read More
By Terry Painter/Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice” A Wiley Publication.
UPDATED: 2/22/23
With the Feds raising short term rates 8 times from March 2022 through January of 2023 by 4.50%, this increased most Commercial Construction loan rates astronomically. Almost all construction loans are tied to either prime rate or the SOFR index and go up or down every time the Feds change rates. Community banks typically price their commercial construction loan rates at prime (floating) plus 1.00 – 1.50%. With prime rate being 7.75%... Read More
December 15, 2016
Do you have a clear purpose for selecting a commercial investment property? Do you have a clear plan? Have you given much thought to it?
Why? For some of you it is obvious. For some it may not be.
Let’s start out with a real life story of what can happen when you do not have a clear... Read More
November 14, 2016
Why am I writing about principles? And what does that have to do with commercial loans?
Because I love the topic and believe that our principles and values are the key to success and happiness in all aspects of our life, and that includes commercial loans. I also want to write... Read More
October 24, 2016
Like other business types, customer service runs the gamut from poor to great.
Regarding selecting a commercial mortgage company, if you select a great company you could save money, time, and have a feeling of satisfaction. If you select a poor company, you could lose money, time, and... Read More
August 24, 2016
As stated in the most recent blog, Commercial Mortgage (Maximum Size) (the first part), the majority of investors want the biggest size mortgage they can afford in order to receive a larger investment as well as a larger property. In the first part, we covered 2 things the investor can do to get a... Read More
August 16, 2016
Most commercial loan investors want to get the maximum size mortgage loan they can get in order have a bigger investment, and a bigger property. There are certain things you can do to maximize your loan. In this blog, I am going to share two things you can do to have a maximum size loan.
July 28, 2016
This article, along with Part 1 and Part 2 is about commercial hard money/bridge loans.
In Part 1 we shared what a hard money/bridge loan is, and we recommended that you not get involved in this type of loan unless you have experience, or have an investor-partner with experience.... Read More
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