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Articles from Craig Higdon | Selfgrowth.com
- Commercial Real Estate: The Importance of Population Trends - by Submitted on Jul 17, 2009 from Craig HigdonWhile commercial real estate can be an excellent investment, it’s all but impossible to succeed in this competitive environment without some sort of game plan. The most successful professional real estate investors are those who are able to look at a given area and accurately predict which ...
Views: 2147(4 votes) - Commercial Real Estate: Raising Equity - by Submitted on Jul 17, 2009 from Craig HigdonGETTING STARTED WITH INVESTORS Those researching the subject of commercial real estate investment are likely to encounter the term “OPM” on a regular basis. OPM is an acronym for “Other People’s Money.” I’ve covered this topic in general in an earlier article, but today I want to focus on ...
Views: 1232(2 votes) - Commercial Real Estate: Outlook at the Power Breakfast - by Submitted on Jul 14, 2009 from Craig HigdonI had the opportunity to sit in at the International Council of Shopping Centers (ICSC) annual “Power Breakfast” that featured some high powered institutional investors as panelists. They included Erwin Aullis, the Managing Director of Transwestern Investment Company, Stanley L. Iezman, the ...
Views: 997 - Commercial Real Estate: Asking the Right Questions - by Submitted on Jul 14, 2009 from Craig HigdonThere are many “insider” commercial real estate secrets. One of the most important secrets is knowing the right questions to ask when investigating a commercial property investment. While I’m not going to cover all of the potential questions in detail, I will make you aware of some of the key ...
Views: 1314(2 votes) - Commercial Real Estate - How to Ask Your Discovery Questions - by Submitted on Jul 14, 2009 from Craig HigdonIn order to make a successful commercial real estate investment you need to know the right questions to ask and the right way to ask them. Since purchasing commercial real estate is a negotiation between the buyer and the seller (and probably their prospective brokers), it is important that ...
Views: 1485(2 votes) - Commercial Land: The Asset That Lenders Forgot - by Submitted on Jul 14, 2009 from Craig HigdonLast week I discussed the financing of the purchase of a residential lot for development with a woman who, with her husband, wanted to build a custom home. As always happens when discussing financing, the conversation turned to interest rates and loan structures. When I described the going ...
Views: 933 - A Roadmap for Commercial Real Estate Syndications, Part 2 - by Submitted on Jul 14, 2009 from Craig HigdonLast week I covered the first ten steps to creating your own investment groups for commercial real estate acquisitions. I was able to take the process right up to the acquisition of the property and I’ll cover the balance of the process here. The focus of these articles has been on acquiring ...
Views: 1053(2 votes) - A Roadmap for Commercial Real Estate Syndication, Part 1 - by Submitted on Jul 14, 2009 from Craig HigdonOne of the most important requirements for purchasing commercial property is having enough down payment money, called “equity,” to complete the transaction. A very popular method of raising these funds when you don’t have it yourself is by forming a group of people who pool enough capital to ...
Views: 1959(3 votes) - Where Have All the Commercial Lenders Gone? - by Submitted on Jul 14, 2009 from Craig HigdonDo you remember that song from the 1960’s that went something like: “Where have all the flowers gone, long time passing?” Oh … you don’t? Hmm, maybe I really AM old! Well, I would update that song for the current decade to something like this: “Where have all the lenders gone, no loans ...
Views: 994(1 vote) - Trading Up Using the 1031 Exchange - by Submitted on Jul 14, 2009 from Craig HigdonIn spite of decreasing real estate values across the nation, real estate investors continue to come up with innovative ways to make their investment turn out profitably. A powerful method for building real estate holdings is the use of 1031 Exchanges, which lets investors defer capital-gains ...
Views: 2510 - Segregate Costs for Better Cash Flow - by Submitted on Jul 14, 2009 from Craig HigdonUtilizing Cost Segregation to Enhance Investment Real Estate Cash Flow Everyone knows that a dollar today is more valuable than one received in ten years. Tweed Financial Services, Inc. suggests that a Cost Segregation study, which reviews the depreciation schedules related to your real ...
Views: 1090 - Picking the Right Commercial Property Lender - by Submitted on Jul 14, 2009 from Craig HigdonWhat a Super Weekend for sports! No … NOT the Super Bowl (although I’ll get to that), I mean the Australian Open. When Federer plays Nadal in a Grand Slam final, you begin to lose words to describe what you see. Even the announcers were speechless, and it’s their job to talk! Hats off to ...
Views: 1107 - Multifamily Properties: Strategies for Increasing Profits - by Submitted on Jul 14, 2009 from Craig HigdonEveryone is well aware of the cyclical nature of commercial real estate, as well as the potential for significant profits to be gleaned by purchasing assets before they rise in price. In an article entitled “10 Strategies for Apartment Profits in 2009 and Beyond”, Patrick S. Simons offers ...
Views: 1141 - Is a SBA 7(a) Loan Still a Wise Choice? - by Submitted on Jul 14, 2009 from Craig HigdonLast year’s commercial mortgage slowdown was reflected in the statistics for the U. S. Small Business Administration (SBA), which reported a year-over-year decline in approved loans of 29%. This surprisingly high reduction in loan volume was also noticeable in the 13% drop in the program’s ...
Views: 1956 - Individualist vs. Collectivist - by Submitted on Jul 14, 2009 from Craig HigdonWith all of the hoopla surrounding the end of the Bush administration and the beginning of the Obama, have you noticed the stock market? It has been quietly sinking as the reality of the state of the economy has been “sinking” in. Here is some of the evidence that things are probably going to ...
Views: 1298(1 vote) - Going Green: What is “LEEDs?” - by Submitted on Jul 14, 2009 from Craig Higdon“An Overview of LEED Compliance” Leadership in Energy and Environmental Design (LEED) is an internationally recognized certification system developed by the U.S. Green Building Council (USGBC) to designate buildings which are notable for stewardship of our resources and for sensitivity to the ...
Views: 1311 - Going Green: Commercial Property Owners Can Cut Expenses with New Solar Film - by Submitted on Jul 14, 2009 from Craig HigdonCoupled with the economic climate and its recent effects on Commercial Real Estate, “going green” is just one of the choices available in an effort to cut costs in building and maintaining office buildings, retail stores, manufacturing facilities and malls. There can be significant savings in ...
Views: 1220 - Commercial Real Investment Strategy: Specialize - by Submitted on Jul 14, 2009 from Craig HigdonFolks, this week’s comments may be a bit too “revealing” for some of you. I’m going to talk my “inner” self … and I DO mean INNER. But before I go there, I should mention that if you use Twitter, there a really NEAT freebie that you can use to explode your social network. It’s called ...
Views: 994 - Commercial Real Estate Financing: Who Controls the Third Party Reports? - by Submitted on Jul 14, 2009 from Craig HigdonWell, this weekend marked the official end of the 2008 NFL season with the NFC defeating the AFC in the Pro Bowl in Hawaii. NOW what am I going to do on Sundays??? I guess I’ll have to find some useful things to occupy my time … like tennis, martial arts, biking, skiing … It is going to be ...
Views: 1567(2 votes) - Commercial Property Analysis: Use Real Numbers - by Submitted on Jul 14, 2009 from Craig HigdonAre any of you catching the Australian Open among all of the Superbowl Hype and College Basketball Overpromotion? There was a great match between Roger Federer and Tomas Berdych this weekend. Berdych jumped out to a 2 set lead with blazing strokes and looked like he was going to eliminate ...
Views: 1066 - Bailout Survival Strategies and Commercial Real Estate - by Submitted on Jul 14, 2009 from Craig HigdonI have a couple of videos to share with you in this post that should get you thinking about your near-term future. First though, I want to you get a “visual” of what $1 Trillion Dollars looks like. For those of you who are numerically inclined that number is $1,000,000,000,000.00. Here’s the ...
Views: 1048 - A Picture is Worth $1,000,000 …or More - by Submitted on Jul 14, 2009 from Craig HigdonSo let’s talk about pictures and commercial loans. One of the key items overlooked in most commercial financing requests is pictures. You would think this would be obvious but I think 70% of the initial requests that we receive come without any kind of visual reference. Kind of astounding, ...
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