[clearfund]

Gentlemen – I bowed out of this conversation as it veered way off track from the initial topic of purchasing Non-Performing Loans to a philisophical discussion of investing vs speculating and whether real estate is a worthy endeavor (now I am hesitant to call it an investment…). As a fund manager I still have a job to do (and hopefully keep). My paid content writer was fired last year.

Whether anyone wants to, or chooses not to, invest in real estate is fine. This is why there are investments in gold, emerging markets, treasuries, etc with risk, return, and fundamentals all across the spectrum.

I believe that if one chooses to dive into commercial real estate, now is the time that opportunities will begin to surface, albeit not every transaction is worthy.

In today’s environment one of the best avenues to properties with distressed ownership is via the direct bank channel (note I stated distressed ownership vs. distressed property…very different). Now working your way to these loans and a real discount/pricing from the lender is 1,000x more difficult than any video promoter will let on. Banks don’t want to accept reality and take the hit any more than the former owner did.

Thus, if this thread can get back on topic via anyone with tangible experience acquiring notes as a principal, taking the property through foreclosure dodging lawsuits/bankruptcy filings, and repositioning the asset into a profitable cash flowing deal, I’d love to hear your experiences.

[clearfund]

Gentlemen – I bowed out of this conversation as it veered way off track from the initial topic of purchasing Non-Performing Loans to a philisophical discussion of investing vs speculating and whether real estate is a worthy endeavor (now I am hesitant to call it an investment…). As a fund manager I still have a job to do (and hopefully keep). My paid content writer was fired last year.

Whether anyone wants to, or chooses not to, invest in real estate is fine. This is why there are investments in gold, emerging markets, treasuries, etc with risk, return, and fundamentals all across the spectrum.

I believe that if one chooses to dive into commercial real estate, now is the time that opportunities will begin to surface, albeit not every transaction is worthy.

In today’s environment one of the best avenues to properties with distressed ownership is via the direct bank channel (note I stated distressed ownership vs. distressed property…very different). Now working your way to these loans and a real discount/pricing from the lender is 1,000x more difficult than any video promoter will let on. Banks don’t want to accept reality and take the hit any more than the former owner did.

Thus, if this thread can get back on topic via anyone with tangible experience acquiring notes as a principal, taking the property through foreclosure dodging lawsuits/bankruptcy filings, and repositioning the asset into a profitable cash flowing deal, I’d love to hear your experiences.

[clearfund]

Gentlemen – I bowed out of this conversation as it veered way off track from the initial topic of purchasing Non-Performing Loans to a philisophical discussion of investing vs speculating and whether real estate is a worthy endeavor (now I am hesitant to call it an investment…). As a fund manager I still have a job to do (and hopefully keep). My paid content writer was fired last year.

Whether anyone wants to, or chooses not to, invest in real estate is fine. This is why there are investments in gold, emerging markets, treasuries, etc with risk, return, and fundamentals all across the spectrum.

I believe that if one chooses to dive into commercial real estate, now is the time that opportunities will begin to surface, albeit not every transaction is worthy.

In today’s environment one of the best avenues to properties with distressed ownership is via the direct bank channel (note I stated distressed ownership vs. distressed property…very different). Now working your way to these loans and a real discount/pricing from the lender is 1,000x more difficult than any video promoter will let on. Banks don’t want to accept reality and take the hit any more than the former owner did.

Thus, if this thread can get back on topic via anyone with tangible experience acquiring notes as a principal, taking the property through foreclosure dodging lawsuits/bankruptcy filings, and repositioning the asset into a profitable cash flowing deal, I’d love to hear your experiences.

[clearfund]

CBad – I didn’t see/intend any ‘snip’ in the reply.

We are an investment manager which runs dividend focused investment funds over the space of real estate distressed debt (commercial/residential), and dividend paying securities (GSE mortgages, pipelines, REITS, S&P 500).

Given the myriad of investor qualifications, the need for an established relationship, and the preference of most blog administrators to omit personal advertising on their site, it isn’t typically appropriate to provide specifics of our business in such an educational based general public forum.

Thus, feel free to PM me privately at your convenience if you would like to become introduced. I would look forward to exchanging information and ideas.

[clearfund]

CBad – I didn’t see/intend any ‘snip’ in the reply.

We are an investment manager which runs dividend focused investment funds over the space of real estate distressed debt (commercial/residential), and dividend paying securities (GSE mortgages, pipelines, REITS, S&P 500).

Given the myriad of investor qualifications, the need for an established relationship, and the preference of most blog administrators to omit personal advertising on their site, it isn’t typically appropriate to provide specifics of our business in such an educational based general public forum.

Thus, feel free to PM me privately at your convenience if you would like to become introduced. I would look forward to exchanging information and ideas.

[clearfund]

CBad – I didn’t see/intend any ‘snip’ in the reply.

We are an investment manager which runs dividend focused investment funds over the space of real estate distressed debt (commercial/residential), and dividend paying securities (GSE mortgages, pipelines, REITS, S&P 500).

Given the myriad of investor qualifications, the need for an established relationship, and the preference of most blog administrators to omit personal advertising on their site, it isn’t typically appropriate to provide specifics of our business in such an educational based general public forum.

Thus, feel free to PM me privately at your convenience if you would like to become introduced. I would look forward to exchanging information and ideas.

[clearfund]

CBad – I didn’t see/intend any ‘snip’ in the reply.

We are an investment manager which runs dividend focused investment funds over the space of real estate distressed debt (commercial/residential), and dividend paying securities (GSE mortgages, pipelines, REITS, S&P 500).

Given the myriad of investor qualifications, the need for an established relationship, and the preference of most blog administrators to omit personal advertising on their site, it isn’t typically appropriate to provide specifics of our business in such an educational based general public forum.

Thus, feel free to PM me privately at your convenience if you would like to become introduced. I would look forward to exchanging information and ideas.

[clearfund]

CBad – I didn’t see/intend any ‘snip’ in the reply.

We are an investment manager which runs dividend focused investment funds over the space of real estate distressed debt (commercial/residential), and dividend paying securities (GSE mortgages, pipelines, REITS, S&P 500).

Given the myriad of investor qualifications, the need for an established relationship, and the preference of most blog administrators to omit personal advertising on their site, it isn’t typically appropriate to provide specifics of our business in such an educational based general public forum.

Thus, feel free to PM me privately at your convenience if you would like to become introduced. I would look forward to exchanging information and ideas.

[clearfund]

CBad – Sneak a peek at the first reply to Bubbas question and note that I previously offered my insights.

…and now its your turn…

[clearfund]

CBad – Sneak a peek at the first reply to Bubbas question and note that I previously offered my insights.

…and now its your turn…

[clearfund]

CBad – Sneak a peek at the first reply to Bubbas question and note that I previously offered my insights.

…and now its your turn…

[clearfund]

CBad – Sneak a peek at the first reply to Bubbas question and note that I previously offered my insights.

…and now its your turn…

[clearfund]

CBad – Sneak a peek at the first reply to Bubbas question and note that I previously offered my insights.

…and now its your turn…

[clearfund]

Allan – How is buying a high quality building with conservative underwriting and an all cash yield (read: zero debt) north of 12% (based on rents well below today’s depressed rental rates) speculating? I’d call it investing. Sure, the investment could go south, but so could any other investment/company.

I seem to recall the bulk of wall st. firms and their “simple valuation tools” being way off the mark so I wouldn’t hang your hat on that analogy.

To me, investing is based on conservative/historical fundamentals, speculating is based the need for a rising market to make the deal work.

I would say that buying a newly constructed class “A” bldg on a great location at 50% of replacement value that needs 40% occupancy to break even is investing, not speculating.

[clearfund]

Allan – How is buying a high quality building with conservative underwriting and an all cash yield (read: zero debt) north of 12% (based on rents well below today’s depressed rental rates) speculating? I’d call it investing. Sure, the investment could go south, but so could any other investment/company.

I seem to recall the bulk of wall st. firms and their “simple valuation tools” being way off the mark so I wouldn’t hang your hat on that analogy.

To me, investing is based on conservative/historical fundamentals, speculating is based the need for a rising market to make the deal work.

I would say that buying a newly constructed class “A” bldg on a great location at 50% of replacement value that needs 40% occupancy to break even is investing, not speculating.

[Author]

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