A crisis produces opportunities. 2020 has been one crisis after another. With businesses altering the way they run, government policy continually changing, and people’s living and working environments shifting, it all impacts the real estate market. Most market statistics are not current...
Wise investors look at the big picture when analyzing the feasibility of a real estate investment opportunity and consider private money financing as one tool in accomplishing their goal. Private money works best for the short term, bridge financing opportunities where value is created in...
We all have plenty of ideas. This is the easy part. The hard part is turning an idea into reality. These are four practical action steps I found helpful to get an idea to a result: Write the idea down on paper – This helps solidify what you desire to achieve. It gives clarity to
I have been in the commercial real estate financing business as a lender and mortgage broker for over 30 years. I have arranged over a billion dollars in loans and worked with hundreds of different borrowers, so I know what it takes to get lenders to approve a loan request. Know Your Client and...
Fidelis Private Fund is a mortgage fund that invests primarily in short-term bridge loans. Our business model is based on years of experience and a proven strategy. In this article, I share some of the key advantages and how that business model ultimately benefits our investors while providing a...
“Contrarian investors have historically made their best investments during times of market turmoil.” Baron Rothschild. As it relates to real estate lending, a contrarian strategy takes the opposite approach to what most traditional lenders are doing. The same analogy goes for real estate...
A crisis often brings clarity to our values and options that may have been ambiguous before. It expedites decisions that can result in improvements in our businesses and our personal growth. I notice ingenuity and creativity emerging as we move through this COVID-19 crisis. At times...
Just over a month ago, the fundamentals of our economy were strong, i.e., low unemployment, low real estate inventories, low inflation, low-interest rates, and stability in the capital markets. Within a month, this coronavirus pandemic has rocked our world. I want to pass on some hope in the...
What makes an ideal team player? I believe great businesses succeed because people do. In Pat Lencioni’s book, “The Ideal Team Player”, he spells out three important characteristics of an ideal team player: Humble A humble person is quick to point out the contributions of others and slow to seek...
There are two useful tools for valuing and comparing the feasibility of real estate investment opportunities: the capitalization rate (Cap Rate) and the cash-on-cash return. The two metrics use a snapshot of annual pre-tax income as a basis to determine the value and evaluate the feasibility of...
