Although Wall Street seems to have rebounded in recent days in response to the Congressional approval of the $700 billion financial-system bailout last week, there seems to be continued concerns found amongst financial professionals, who are concerned with the continued pall of recession over the American economy. The main concern remains focused on government ownership of the American

Comment (0) Read More...

During this time of financial uncertainty as giant powerful cornerstones of the American banking community fail, you have to wonder, is my money safe? What happens if my bank is no longer doing business? Should I take my money out? What about small, regional banks and even credit unions? Are they immune or will they suffer the same fate? Should I worry about my long-term investments? Is it

Comment (1) Read More...

 It happens all the time when you engage in acquiring a new property through contract, there is not much information about the property known at that stage.  All you may know is the details of the financial statement and rent payroll or you've visually inspected the place by driving around the block.  This is more than enough details to make a solid educated offer on the place but it does

Comment (0) Read More...

 This current talk of financial bailout suggests that as a result mortgage rates will fall allowing a surge in home buying especially for first time buyers.  Still one must wonder how long this will last but also what are the long-term impacts for the housing market?  Right now it feels like the lending industry is distressed but this may not be true for very long.  The banks at risk of

Comment (1) Read More...

 For a while now, many can spectulate the trouble started at the tail end of 2006 with the mortgage industry busy, the American economy has been struggling, facing uncertain times.  Many understand the historic significance of last week but the implications of a federal bailout has yet to hit home.  With the annoucement that the Federal Reserve will aid the ailing AIG with an $85 billion

Comment (0) Read More...

Comment (0) Read More...

Commercial real estate can lead to just about any lifestyle you can dream up, but if you're not careful how you play your cards, you can find yourself living through some expensive lessons. Fortunately, even in today's housing crunch, crossing the line from multiple homeowner to one who invests in commercial real estate isn't all that difficult, as long as you plan out a realistic strategy and

Comment (0) Read More...

If you are a real estate professional then you know about the gross income multiplier, GIM or the formula that determines the value of rental real estate. It has been used for decades.

There are many schools of thought on how to determine the value of rental property but I always use my readings as a rule of thumb.  Any real estate textbook will tell you not to invest in a property with a

Comment (0) Read More...

Comment (0) Read More...

 One important aspect of due diligence is to know your documents but specifically understanding the details of the lease, insurance policy, and title policy.  The lease, out of all of these is of utmost importance because it remains the roadmap for future events concerning the property.  Part of the issue with the lease is language.  There is a lot of strange stuff, interesting jargon

Comment (0) Read More...