Fri, 30 October 2015
Cash Flow Friday Tip #36: Out-of-the-box strategies and techniques to help you find investors and raise more capital for your Real Estate deals – with Brain Burke
For this week’s cash flow Friday tip I'm going to share with you a short segment that I recently recorded with Real Estate Investment expert, Brian Burke. Brian will be sharing creative out-of-the-box strategies and ideas on how to find investors and capital for your real estate deals. Each and every one of these methods are tried and true and have been used in helping Brian complete more than $200 million dollars of Real Estate Investment transactions.
Fri, 16 October 2015
Cash Flow Friday Tip #35: The 2 Critically Important Clauses that Need to Be In All of Your Commercial Purchase Contracts.
This week I'm going to share with you two critically important clauses that you should be using in all of your purchase agreements. It’s very common that if you’re using a standard commercial contract from a broker that neither one of these clauses will be included and they absolutely should be. Below are the actual clauses so that you can easily cut/paste them and add them to your next contract.
The PURCHASER'S Due Diligence time frame will be for a period of 60 days and will commence when PURCHASER receives all requested Due Diligence from seller as outlined on the Due Diligence request form. After all documents and materials have been delivered to PURCHASER, PURCHASER may cancel this Agreement for any reason, at the sole discretion of PURCHASER, within sixty (60) days after receiving all documents and materials from SELLER. In the event that PURCHASER elects to cancel this Agreement during the initial 60 day inspection period this paragraph shall serve as authority to the Escrow Agent from the SELLER to act upon the “single order” of PURCHASER to distribute the Earnest money to PURCHASER. Additionally, this paragraph shall serve as the SELLER’S release of the Escrow Agent from liability for disbursing the Earnest money to PURCHASER,
PURCHASER to have a period of 30 days following above Due Diligence period to secure financing at terms acceptable to PURCHASER. PURCHASER may cancel this Agreement during this Thirty (30) day period in the event that PURCHASER does not obtain a loan approval for the purchase of the Real Estate and Personal Property that is satisfactory to PURCHASER. An automatic extension of 30 days shall be granted to PURCHASER for loan approval and funding provided LENDER provides a letter showing the loan approval and funding process is moving forward and additional time is needed to finalize the loan and funding process.
Mon, 12 October 2015
Our guest for this week’s show is Real Estate redevelopment expert, Jay Several. Jay has a very interesting story because his real estate investment career started off as more of a hobby which he dabbled in in his spare time while running his software consulting company.
The exciting part about Jay’s journey is that not only did he start investing full-time just a short 10 years ago, but he started just before the biggest real estate crash in history was about to happen. And if that wasn’t already challenging enough, the projects that he was acquiring weren’t simple deals like stabilized apartment buildings or fully leased NNN shopping center deals. No, he started off by redeveloping vacant buildings and repurposing them for entirely different uses. This, my friends, is not a business for the faint of heart or for the beginner investor. Listen in to hear how Jay makes the magic happen
In this show with Jay you’re going to learn:
Fri, 9 October 2015
Cash Flow Friday Tip #34: How NOT to get burned by this rental scam and end up with the tenant from hell.
This week I'm going to discuss something that was just brought to my attention yesterday by one of my business partners and I was totally amazed that this type of service existed, let alone that it was being advertised blatantly on craigslist. Landlords BEWARE! Listen in to this week’s show so that you don’t fall victim to a scam tenant.
Mon, 5 October 2015
Dan Miller is Co-Founder and President of Fundrise, the first and leading real estate crowdfunding platform. The first company to successfully crowdfund real estate, Fundrise brings world-class real estate investments to institutional, high net worth and retail investors throughout the United States.
At Fundrise, Dan is responsible for exploring and opening up new markets and vetting real estate projects. Dan also speaks across the country as one of the leading authorities on real estate crowdfunding.
In this show with gene you’re going to learn: