The new real estate drug, coming off this high will be tough

The new real estate drug, coming off this high will be tough

  Like many of you I had a “rocky” ride in the last real estate recession and successfully learned many “million-dollar” lessons that were very painful.  One of the key takeaways from the last recession is that risks lurk in plain sight.  Hindsight 20-20 it was...
Coronavirus lending 101: What do you need to know to get funding

Coronavirus lending 101: What do you need to know to get funding

The Coronavirus pandemic has thrown the economy off a cliff leaving many equity rich property owners with no cash flow.  The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down.  Property owners are...
Mortgage rate increase, still funding in cash

Mortgage rate increase, still funding in cash

  First,  I hope everyone is doing okay with everything going on.   As many banks and other lenders pull back thru the pandemic and the mortgage rate increase we are still funding. We fund and hold all of our loans in cash without leverage so we will continue to...
How to Invest in ski real estate: Are you a Costco or Walmart investor?

How to Invest in ski real estate: Are you a Costco or Walmart investor?

    It is ski time in the Rocky Mountains with over 250 inches in many of the resort communities.  Do you know where the picture was taken (hint it is a “Costco” resort, email me if you know)?  Although there is plenty of snow and cold weather,...