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Commercial Real Estate Pro Network

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
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Now displaying: March, 2016
Mar 25, 2016
When you invest in Real Estate, you know that when you sell, you have to deal with Capital Gains Taxes. Traditionally, there have been three options: Sell & pay the Capital Gains Tax Do a 1031 Exchange Do Nothing Rising Real Estate values have compressed Cap Rates, ie 3% or lower.  If a seller wants to sell while prices are high, but is unable to find a suitable option for a 1031 Exchange, there is another option: Deferred Sales Trust The Deferred Sales Trust provides the opportunity to Diversify your portfolio Take advantage of record sales prices Convert the real estate into other investment Richard Hershey with WeReduceTaxes.com explains how a Deferred Sales Trust provides an alternative for Real Estate Investors, The Deferred Sales Trust process works similar to a 1031 Exchange with the use of a neutral 3rd party intermediary. There are 3 steps to the process: 1) Buyer & Seller come to agreement on the sales price. 2) Seller transfers the property into the Deferred Sales Trust. 3) The Trust Sells the property to the Buyer. The Benefits of the Deferred Sales Trust: Ability to Sell Real Estate Investment at record highs. Diversification; opportunity to invest in alternative investment vehicles Different life style; ability to get out of the property management business If the property has been owned for a long time, it is conceivable that the property is fully depreciated, and in need of significant capital investment For your FREE copy of “A Way Out Article”for additional information on how this works. For more to to: www.WeReduceTaxes.com
Mar 18, 2016
Alternative Financing is not just for the desperate.   Alternative Financing comes in many flavors and forms.  Alternative Financing, outside the box - where conventional financing stops, Alternative Financing begins. My guest Brian DeLucia with Arrivato LLC, provided a look inside the world of Alternative Financing provided through private lenders that fills the gap created where Conventional Financing stops. Where does Alternative Financing capital come from? Private funds raised through Ultra High Net Worth Families and Family Offices looking for a return greater than that available through conventional markets and old school brokerage opportunities. Does Alternative Financing equal “hard money”? Not Necessarily. Hard money is typically associated with rates far above the advertised rates, 10% and more.  Alternative Financing is often referred to as “semi conventional” with rates between advertised and Hard Money rates.   Additional opportunities for Alternative Financing might include: Recent credit challenges of the borrower, if the property is considered stable.   Type of property; construction, location, or limited usage.   Hospitality properties that have lost their flag and need to update the property Quick closing, ie: within 2 weeks Unconventional / acceptable tenant This type of situation is an excellent opportunity for an Alternative Financing.   For more information, goto: http://www.arrivatollc.com/    
Mar 11, 2016
The first deal is the toughest.  Nobody wants to do your first deal.   Do you know what you are doing?  Nobody including you know, and nobody wants to find out. So what if you don’t have experience in Real Estate, have no deals under your belt, and still want to get in what do you do?  If nobody will give you a chance, how do you get the first deal done?   Everyone knows someone in Real Estate and has heard the success stories, and thought, "I need to do that".  But who knows the hard work it takes to get in, find capital, find a deal and make it happen?  How many have done their first deal? To hear how Jonathan Twombly made it from an unhappy New York Lawyer through his first deal and now a successful Real Estate Asset Manager, check out my interview with Jonathan Twombly of Two Bridges Asset Management. Strategy: Who to work with:  Jonathan’s relationships lead him to multiple partnerships enabling him raise capital, find the professionals that lead to the off market opportunities that are saved for proven investors.   Where to invest:  Knowing the data can go a long way to minimizing the risk involved.  Is the area population growing? What to invest in:  A, B, C, D class real estate? What  are the new projects for working class housing, class B & C? Check out Jonathan’s  blog: http://www.themortarblog.com/ & get  "The Ultimate Guide: Newbie to New Pro in Just 21 Days!"
Mar 4, 2016

If you are currently required to purchase Flood insurance, listen and you will like what Steve Gill with Flood Risk America has for you about how to save on Flood Insurance.   Flood is excluded from any standard property insurance policy.   Flood Insurance is a requirement of any mortgage against a property located in the 100 year Floodplain, if the property has a finished first floor is below the base elevation.    The Flood Insurance Reform Act of 2012 required that the Flood Maps be updated in an effort to address areas of repeated flooding, and provide an accurate assessment of the risk and the premium needed to make actuarially certain that premiums were adequate for the risk. This new information has placed many properties that were previously above the base floodplain elevation are now under the base floodplain.  The change in elevation is resulting in significant increases is Flood Insurance cost to the property owner. Per Steve Gill, owner of Flood Risk America, as many as 50% of the maps inspected by Flood Risk America are inaccurate regarding the building’s first finished floor elevation at the address.   When the maps are wrong, providing a Letter of Map Ammendment, LOMA, to FEMA can reduce the Flood Insurance cost as much as 80% or remove the Building from the Flood Zone. Flood Risk America charges a fee equal to 50% of the first year savings.  The savings for the property owner continue for years after a successful challenge.     SPECIAL OFFER for CREPN Listeners Steve Gill of Flood Risk offering a discount of 20% off the normal fee.  To receive your FREE analysis and 20% savings, click the link.  

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