Jul 13 2008
9 Powerful Forces to Make You Money! Milan Properties
by John V. Kamin
It’s hard to make money with money if you have little or no money. For most folks,
expenses just about equal income. One of Murphy’s Laws is: “Expenditures will rise to
meet income”. How can you save up money, if [...]
Jan 12 2008
Most buyers and sellers of real estate look at 1031 exchanges as an option as they
consider their investment agenda. They figure that they defer paying state and federal
capital gains taxes and depreciation recapture until they die and their estate goes to their
spouse, charity, their children or grandchildren. They may also be able to stave off the
alternative minimum [...]
Dec 18 2007
These pointers may be used for all types of real property acquisitions, but will be of
particular interest to those purchasing multi-unit dwelling structures.
NON-RECOURSE FINANCING
The most important tip that I can impart is to use your best efforts to negotiate a “non-recourse”
loan with the bank. A non-recourse loan is a loan for which the borrower [...]
Nov 29 2007
Commodity Buildings
Commodities are items that are functionally indistinguishable from each other.
Examples might be sheets of 8 ½ x 11 white typewriter paper, or comparably equipped
Ford Explorers, or even low end apartment buildings, wherein the individual units have
the same utility as all the other individual units in the area. Everything else being equal,
where do you buy [...]
Nov 15 2007
When I go to speak to real estate professionals sometimes my reputation precedes me.
“That’s the guy who talks about adding extras and upgrades to your properties for more
cash flow.”. I’ve played a big part in revolutionizing the way thousands of rental
owners market their rental homes.
I am the guy who suggests doing surveys of your customers [...]
Nov 10 2007
Here are some important facts that will affect real estate pricing over the next 20+ years:
By 2010 over 40% of all households will be comprised of an age group over 55
years.
The number of citizens over the age of 65 years will jump from 34.7 million in
2000 to nearly 70 million by 2030 (a mere 30 [...]
Oct 26 2007
It’s not necessary to do a lot of transactions to make a lot of money with property. Researching property deals back some five decades, supplemented with personal experience, you have to get the basics right to win big and avoid stagnation or losses.
While the basics may seem obvious to me and to many - leaving [...]
Oct 26 2007
I prefer small commercial buildings, with a few caveats. Here’s some valuable advice.
1. When buying office buildings, multi-story, be very careful. Office buildings often
have high vacancy rates that can range from 10% to 20% to even 30% in a downturn. If
you’ve ever tried to rent out a 900 sq. ft. office in a two or [...]
Oct 26 2007
Mistake: Not Screening Tenants for Eviction Risk
Always screen your tenants. It’s crucial to your survival as a landlord. The landlord who
doesn’t screen his tenants is the one who gets the worst tenants, because the worst tenants
can’t get an apartment from anyone else because everyone else does a background check!
Sure, there aren’t too many people out [...]
Oct 26 2007
The question of the day for commercial real estate investors is: What is the effect of a
slowing economy and possible recession on valuations? The run-up in values for some
sectors has raised alarms, and opinions range from “no more than a ripple” to “impending
doom.” For investors, there is much to consider in plotting our course.
Along with [...]
Oct 25 2007
Private property rights are the foundation of a free society and a capitalist economic
system. Yet government officials, activists, and others often say that unrestricted private
property hurts the common good by frustrating economic redevelopment plans and
environmental protections.
In a moving and eloquent new book, attorney Timothy Sandefur defends property rights
against those critics by exposing the human cost [...]