S.E.C. Real Estate Observer

PHOTO: TREE members and guests in Dallas in December (from left to right): Don Tardy, Lance Warner, Bill Richert, Chuck Sutherland, Mark Johnson, Dick Janson, Betty Beachum, Derwood Dingler, Jack Harper, Vicki Yeomans Klein, Dick Klein, Caroline Du, Art Ramseur, Hand Haden, Jon Spelman, Bill Stonaker, Wes Dingler, John Brennan, Steve Eustis.
The members of the [...]

Happy Partners
Our number one goal of a real estate investment with outside investors is LIABILITY - to make certain that the partners are not in trouble because of the deal. All of our investors go into the deal knowing that we could lose some or all of our equity. But what they do not want [...]

I seem to have been directly in the path of “TIC” real estate offerings all year long. Even though TIC interests in real estate have been around for years, interest has increased dramatically since 2002, when the IRS provided guidance. A revenue procedure that indicated that a taxpayer can use a TIC investment, if properly [...]

Editor’s Note: This article was previously published in the New York Real Estate Journal January 31, 2000.
What I am referring to is the value to the client that a qualified and well-trained business/ investment broker can create. This value is normally measured in terms of increased dollars, and may go beyond accurate pricing and market [...]

I have been originating short term mortgage notes for about twelve years. I have never purchased “paper.” Admittedly, the reasons listed below are those of a biased author.
First and foremost, I am a short term lender (one year or less) rather than a long term lender. I associate “time” with risk. The longer the maturity [...]

As I assume the presidency of the Society of Exchange Counselors I am taken by the uniqueness of our organization. Typically the new President of a group is asked immediately something like “What are you going to do to improve our “member benefits”?” The members of the Society, however, already understand their most important “member [...]

The Las Vegas issue of the Observer will provide you with several challenges. For example, can you add value to value, should you consider short-term loans as part of your portfolio, and does the “Velvet Hammer” still work today in today’s real estate market? All this information is important to your real estate life.
Would you [...]