Articles in the Winter 2004 Category

Society Meetings: A Guest’s Perspective
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Posted in Formulas and Strategies, Winter 2004 on January 2004
Stats: 1,573 views and Comments Off on Society Meetings: A Guest’s Perspective

Editor’s Note: We reached out to a couple of real estate professionals who have attended a Society of Exchange Counselors National Invitational Marketing Meeting recently, for their perspective on the Society and our meetings. We invite you to enjoy their comments… – Marilee Anderson, S.E.C. Attention Commercial Real Estate Brokers and Exchangors: If you are […]

Federal Tax Incentives in Renewal Communities
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Posted in Formulas and Strategies, Winter 2004 on January 2004
Stats: 2,684 views and Comments Off on Federal Tax Incentives in Renewal Communities

The 2000 Community Renewal Tax Relief Act authorized the creation of the Renewal Community (RC) Initiative, designed to stimulate economic development in the nation’s most distressed communities. Through this initiative HUD designated 40 of the most distressed communities as RC communities, and Congress provided them with more than $5 billion in tax incentives that will […]

How to “Create” a Transaction
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Posted in Formulas and Strategies, Winter 2004 on January 2004
Stats: 1,824 views and Comments Off on How to “Create” a Transaction

Can you “create” a transaction when one does not readily appear possible? Here are a few thoughts to contemplate. At marketing sessions, pay particular attention to what the attendee’s clients are seeking. Often there is a common pattern, such as a dearth of cash looking for net leased properties. The buyers have determined the quantity, […]

A Journey of the Mind: Books on the Counselor’s Nightstand
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Posted in Society Columns, Winter 2004 on January 2004
Stats: 1,861 views and Comments Off on A Journey of the Mind: Books on the Counselor’s Nightstand

As members of the Society of Exchange Counselors, creativity is at the forefront of our daily thinking. But, how does creative thinking begin and subsequently become nourished over time? I see that process as a “Journey of the Mind” which begins and ends with the things we read and experience every day. As our experiences […]

Building a Profitable Website
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Posted in Society Columns, Winter 2004 on January 2004
Stats: 1,934 views and Comments Off on Building a Profitable Website

If you are reading this article hoping to get rich quick, well, sorry to disappoint you. Making money with your web site is no different than anything else. It takes hard work, time and some brainpower if you really want to reap large dollars from the Internet. Yet, for just a small investment, you can […]

The History of Single Agency Brokerage
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Posted in Society Columns, Winter 2004 on January 2004
Stats: 1,943 views and Comments Off on The History of Single Agency Brokerage

While attending my first California state Realtor convention in 1961, I met a broker named George Hoover, from Glendale. George indicated that the real estate industry was flawed from an agency standpoint. He felt that a licensee should represent only one party in a real estate transaction. I didn’t disagree with George’s conclusion but I […]

Commercial Mortgage Backed Securities Loans The Benefits and Risks
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Posted in Society Columns, Winter 2004 on January 2004
Stats: 2,230 views and Comments Off on Commercial Mortgage Backed Securities Loans The Benefits and Risks

The lending sources for commercial real estate loans are commercial banks, thrifts, insurance companies, private investors and mortgage brokers. Mortgage brokers package loans for institutional lenders; hold mortgages in their own portfolio or package loans for commercial mortgage backed security (CMBS) issuers. The CMBS loans or commercial mortgage backed security loans are known as Wall […]

Ethics and Society
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Posted in Feature Articles, Winter 2004 on January 2004
Stats: 2,213 views and Comments Off on Ethics and Society

Ethics (Greek ethika, from ethos, “character,” “custom”), principles or standards of human conduct, sometimes called morals (Latin mores, “customs”), and, by extension, the study of such principles, sometimes called moral philosophy. Late in 2001, I mentioned to several S.E.C. members that the Ethics and Arbitration section of the S.E.C. Bylaws were outdated and required revision. […]

A 15% Return on Costs = 100% Financing
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Posted in Feature Articles, Winter 2004 on January 2004
Stats: 2,262 views and Comments Off on A 15% Return on Costs = 100% Financing

In today’s real estate financing market, is it possible to get a construction loan equal to 100% of your land and project costs? The answer is yes; it is possible and I have done it multiple times over the last few years. How? Well, consider this approach. You are a Developer. You have good banking […]

Eliminate the Tax on Sale of Property without Exchanging
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Posted in Feature Articles, Winter 2004 on January 2004
Stats: 2,005 views and Comments Off on Eliminate the Tax on Sale of Property without Exchanging

1031 exchanges are widely known and used almost as a matter of course in commercial and investment real estate transactions to defer capital gains taxes these days. The effective use of the CHARITABLE REMAINDER TRUSTS (CRT), the other method of selling property and ELIMINATING both the capital gains and any estate tax exposure, is just […]