S.E.C. Real Estate Observer

Welcome to the 2010 spring issue of the S.E.C. Observer. William F. Richert, S.E.C. President, warns that “it is always darkest before the dawn,” but expresses confidence that our economy will improve. Bill Wilson allowed us to reprint the article he wrote for the Wichita Eagle that features the successful traits of one of our […]

“These are the times that try men’s souls” as Thomas Paine so aptly put it in the winter of 1776 — although, he could have been referring to our current economic crisis. As the recession lingers on around us, we become caught in the quagmire ourselves and it seems, at times, like we cannot see the light at the end of the tunnel.

After six active and profitable decades buying, selling and developing commercial real estate nationwide, it’s past time for Colby Sandlian to sit back and enjoy the fruits of all that labor. Not a chance, scoffed the 79-year-old operator dubbed the Yoda of commercial real estate by his Wichita peers.

Utilizing IRS Code Section 1031 Tax Deferred Exchanges is one of the most effective ways to create wealth in real estate. However, over time, a real estate investor may end up with valuable property and a low adjusted tax basis.

Yesterday I met with a Senior VP of a community bank. He has been in banking for 40 years. When I asked how he was doing, he said, “I’ve never seen it this bad, even during the RTC days in the 90s.” Do you have empathy for your local banker or disdain for their inability to make you a loan?

1. Evaluate the Overall Market. [a.] Frequently, a problem with a hotel is not isolated to that hotel itself. The overall market has been impacted […]

During The Society’s Las Vegas Marketing Meeting in January, the Education Foundation sponsored a luncheon with our supported instructors. Having everyone in the same room created an opportunity for an exchange of ideas and concerns that was very beneficial.

The S.E.C. National Invitational Marketing Session will be held May 16–19, 2010, at the Intercontinental at the Plaza • 401 Ward Parkway • Kansas City, MO • 6411

The S.E.C. Education Foundation is pleased to announce that Dennis Crull will present “Tax-Saving Exit Strategies for Retiring Real Estate Investors” on May 16, 2010, in Kansas City, Missouri.

The life of Hopkins “Hank” Henry Haden, III depicts an adventurous, independent and competitive ‘deal making’ spirit reflecting the roots of his Texas City, Texas, upbringing.