Image from Pixabay By Bruce Kellogg History Modern awareness of “Creative Financing” began about 1980 with Robert G. Allen’s famous book, Nothing Down (Fig. 1). For the next five years or so, a flurry of books were published on related subjects (Fig. 2 and 3). I “grew up” in real estate Continue Reading
Caveat Investor (Part 2)
Image from Pixabay By Bruce Kellogg #6 - Lending Here are four things to know about lending: A) On a purchase situation, the appraiser will bring it in at the contract price if they can. (That’s why they ask for the sale price in advance!) They try not to come in below the contract price, but they Continue Reading
Caveat Investor (Part 1)
Image from Pexels By Bruce Kellogg Why Caveat Investor? There have been many changes in real estate since the boom began in 2010 after the Great Recession. To name a few: 1) Real estate licensees have increased about 40%. 2) Syndicators are gobbling up apartments, self-storage, mobile home Continue Reading
Enhanced Diligence for Syndication Investing
Image by Pexels By Bruce Kellogg What About Enhanced Diligence? In the beginning, commercial real estate brokers invented the term “due diligence”. Lacking a specific definition, it basically means, “Check it out”, when making a real estate purchase. Nowadays, the term has received wider Continue Reading
Interview with a Distance Investor
By Bruce Kellogg Introducing Bruce Dinger 1) Completed over 200 real estate projects in the past 32 months all across the world. 2) Runs a hedge fund catering to ultra-wealthy clients. 3) Runs an educational practice that provides education related to investment financial literacy. 4) Serves as an Continue Reading
Leading in Leads
Image by Gerd Altmann from Pixabay By Bruce Kellogg Got Leads? Back in 1981, real estate agents in Silicon Valley agents gathered buyer and seller leads by open houses, door-knocking, “floor time” in the office as a receptionist, and some direct mail. None of this was sophisticated. Continue Reading
Successful Turnkey Real Estate Investing
By Bruce Kellogg Evaluating Turnkey Rentals A major trend in real estate has developed where investors around the nation seek distressed properties in key markets regardless of distance. They purchase dilapidated assets to rehab, add value, and build wealth. Experienced investors tend to discover Continue Reading