Saturday, October 17, 2009

Commercial Notes

I am selling individual property notes secured by commercial real estate nationwide. You can typically buy a note for 25-60% of face value. Complete due diligence packages are available.

1 deal here in Tucson was appraised at $5.8 million just before the auction and our client bought it through us for $850,000. The total FDIC pool is $2.5 trillion and growing. I have direct access to these notes and I’m looking for investors that want to take advantage of this incredible opportunity.

Do you know anyone who might be interested?

Let me know if you’d like to hear more.

Sunday, August 23, 2009

Your Choice be a VICTOR or the VICTIM

Does that seem impossible to you?

If you answered VICTIM you choose to be one. Yuppers, I said choose! Being a VICTOR is a better choice. Here are a few differences. VICTOR'S never give up. they have bad days, bad weeks and even streaks of bad months. The big difference is they never-ever give up. They continue to learn from mistakes and adversity. Out of every situation, no matter how bad, there are lessons to learn. Victor's analyse each adversity and ask themselves..."what have I learned from this?" The lessons learned teach us to try harder or get more focused.

The reason people fail is that they accept failure and feel sorry for themselves. The choose to be the VICTIM of the circumstances. The good news is we don't have to accept failure as negative. Donald Trump has been bankrupt several times but he always comes back. So have many successful people. They simply learn from their mistakes and move on. Sometimes the bad outcome isn't a mistake. It's the market or a flawed business model. It's not anyone's fault. It's simply a bad outcome. Shake it off, learn from it and keep trying.

VICTOR'S never-ever accept failure they learn huge lessons from it and they keep trying. We can all do that. It's our god given right to succeed in whatever we choose to do.

Napoleon Hill said it best. "What ever we concieve and believe we can achieve." I'll add to that by saying we should never-ever concieve and believe we can't achieve because if we do we will!

Saturday, August 15, 2009

Commercial Real Estate News

TANGO International chooses Tucson, AZ as world headquarters. I sold them a building that is perfect for these world travelers. During the negotiations and the final closing I was able to communicate with them while they were in Panama, Italy, Zimbabwe, Sudan, Europe, and a few places I can't spell. They ROCK!

Friday, July 31, 2009

Donald Trump

If you're interested in Commercial Real Estate Investing a must read book is "Commercial Real Estate Investing 101. It is the best basic primer on investing I've read to date.

There are several mentions of dual agency. Many of the experts all agree caution against dual agency or double dipping. Some call it 'hogging.' I've represented both parties many times and I haven't had a problem with doing so. I haven't had any problems with working for both parties. In fact I've found it beneficial in most cases. Some of the deals I've done probably would not have come together if I didn't know the motivations of both parties. In Colorado and several other states they have what's called a transaction coordinator. The transaction coordinator, or facilitator, works to ensure the deal gets done. Both parties are made aware of the broker's role and sign waivers stating that they consent to dual agency.

There are a few in the book who agree with me but we are definitely in the minority.

What do you think?

Monday, July 27, 2009

Tuesday, May 26, 2009

May 25th 2009

Well it's another beautiful day in Tucson AZ. I've just sent emails to 6 different banks inviting them to be guests on the Deal Maker Show. The emails went specifically to asset managers. They're the peops who manage the distressed commercial loans before they go bad. I'd like to accomplish two things by inviting them to appear on my show. First, I'd like to provide good solid information to my listeners who need advice about their commercial loans. Second, I'd like to get to know some bankers so that I can help them sell some of their distressed properties.

A good 1-2 punch I hope.

Saturday, January 31, 2009

Richest Man in Babylon

On the Deal Makers show today I talked about the book written decades ago. The title is The Richest Man in Babylon. I've been reading it again and it has bitten me. The book gives us permission to keep some of the money we earn. Permission. Many people need permission. Including me. I can remember having huge (to me) sums of cash in the bank. My friend and board member Jim suggested that I give him a chunk of the cash and let him invest it for me. Alas I told Jim I'd hang on to it and invest it in my own business.

Jim is now a very wealthy man. I'm not even close to being as wealthy as Jim is. My business is great and I truly enjoy what I do. I wouldn't have it any other way actually. But it would have been nice to be able to leave a legacy for my family. Maybe a hospital diagnostic wing for finding cures to horrible deseases.