S.E.C. Real Estate Observer

Editor’s Note: This article is from a collection of articles given to the Society last year by Yvonne’s son, Ron Nasch.
The moderator’s role is unique in as much as a moderator has a multitude of duties to perform. He is an analyst and is assessing the situation, defining the problem, restating the problem, brainstorming, and [...]

An S.E.C. Biography
Don was born in Billings, Montana on June 13, 1935, to Logan and Cecile DuBeau. His grandparents had settled in Montana after coming there to build railroads and work in the timber business. His roots wind back to Minnesota, South Dakota, and even Canada, where his great grandfather was in the timber business. [...]

The S.E.C. Education Foundation
is proud to present:
“Private Annuity Trusts”
Daniel S. Ahmad
Sunday, November 12, 2006, from 8:30 to Noon & 1:30 to 5:00,
in Ontario, California, Daniel S. Ahmad will present “Private Annuity Trusts.”
This course is DRE approved for 3 hours of continuing education credit in California.
Dan Ahmad, founder and President of Quantum Advisors, helps business owners, [...]

S.E.C. National Marketing Conference
November 12-15, 2006
Ontario, California
The S.E.C. National Marketing Conference will be held at the Hilton Ontario Airport Hotel, 700 North Haven Avenue, Ontario, CA 91764, www.hilton.com.
If you would like more information about the Ontario meeting, please contact the S.E.C. Office sec@secounselors.com, or visit www.secounselors.com and click the Upcoming Events menu tab on the [...]

A service from the Society’s 2006 Corporate Sponsor
TIC Summary
Kelly A. Pearl, CES®
Vice President - Branch Manager & Exchange Counsel
First American Exchange Company, LLC
2100 Fifth Avenue, San Diego, CA 92101
www.firstexchange.com | NYSE:FAF
Tel: 619.595.1263
Fax: 866.757.4994
Email: kpearl@firstam.com
Commercial property ownership provides real estate investors with the opportunity to complete like-kind exchanges under Internal Revenue Code section 1031. Investors [...]

We have heard it ringing in our ears ever since we were old enough to attend school — knowledge is power. One of the great challenges for us is to learn to efficiently leverage that knowledge. I prefer to take the concept even one step further. Power is created by the successful application of knowledge, [...]

Case Study: Cranking a Property for a Net Result of Cash, a Business Purchase, a Note, and a Value-Improved Building.
Background Information:
In April, 2004, a group of clients joined my partner and me in purchasing two properties in Phoenix for $7.9 Million. The seller carried back a note collateralizing both properties (umbrella note and one deed [...]

The traditional sources of profits in apartments, as in most other types of real estate investment, include cash flow, loan amortization, tax shelter through depreciation, and appreciation.
But in apartments there are some potential additional sources of profit we should not forget.
Miscellaneous income -
Laundry - The most common miscellaneous item included in apartments is income from [...]

In 1961 I showed a home to a family at 1:00 p.m.; wrote up a proposal on a paper bag on the hood of my car; presented it that afternoon, got accepted, and opened escrow that day (Sonoma Title Guaranty - Denny Daw.) It closed with title insurance the next afternoon and they moved in [...]

Don’t you think it’s sad that lots of folks just sit around hoping that their dreams will come true? I am equally amazed that most people do absolutely nothing in pursuit of their dreams for fear that their dreams may not come true. Even more just give up and move on to another dream, leaving [...]