There are three types of brokers when it comes to emailed loan requests: The Deal Maker This is the best personality type. S/he provides 5 brief deal points to give the private money lender a “deal at a glance:” 1. Property type (30,000sqft, mid 80’s, B Class building) 2. Location (reasonably […] Read on →
What strengthens real estate markets? What makes them weak? There are so many different factors that drive the fluctuating real estate markets of the U.S., that it is impossible to track everything. Some cities are currently experiencing a booming housing market, while others are not. Some are in the midst […] Read on →
The elephant in the room however, is expenses. How can you know the property’s cost of operation from only five minutes on the phone? Like everything else, there are general rules of thumb to help. For years, the prevailing way to generalize apartment expenses was a percentage of the gross […] Read on →
Ok, so you are trying to get an apartment deal funded for your client. Knowing how to quickly screen value to see if the request is practical or not is key to being an efficient and valued broker. Cutting through the ridiculous and latching on to the quality transactions is […] Read on →
After many years of portfolio construction lending, hundreds construction loans funded, managed and serviced over the last two decades; one thing stands out above all others when measuring a loan’s success: The character and skill of the builder. When the market is frothy hot, everyone wants to be a builder […] Read on →