Deer in the Headlights II: Where do We Go from Here
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Posted in Feature Articles, Spring 2009 on April 2009
Stats: 3,085 views and Comments Off on Deer in the Headlights II: Where do We Go from Here

Last edition, I wrote about being positive, communication with your lenders and partners, brainstorming at S.E.C. meetings and with your acquaintances, figuring out what works in a recession and upgrading your skills. This edition, I want to concentrate on personal development, focus, and time management.

Debt – Kryptonite Doesn’t Work
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Posted in Feature Articles, Spring 2009 on April 2009
Stats: 3,751 views and 3 Comments

As we all know, it’s hard to fly like Superman not only when your cape is on fire, but when you have a portfolio filled with Debt laden properties that are ready to hit the proverbial lender graveyard. Historically, Debt has undermined many great fortunes. Among our founding fathers, Jefferson, Adams and Franklin, (and most of the other founding fathers) experienced the continual and unrelenting anxiety associated with maddening Debt.

Deer in the Headlights – What Do I Do Now?
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Posted in Feature Articles, Winter 2009 on January 2009
Stats: 3,712 views and 2 Comments

Over the last several months, we have seen some of the most dramatic economic changes in many years. First the housing market fell apart. Then the big Wall Street firms started to drop like flies. The lenders, banks, and insurance companies all started having trouble. Now the auto manufacturers are going under. What’s next? I certainly don’t claim to know, but looking at our history might give us some direction — and some reason for optimism.

Pricing Real Estate: The Key for Results
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Posted in Fall 2008, Feature Articles on October 2008
Stats: 3,984 views and Comments Off on Pricing Real Estate: The Key for Results

In Part I of this article, “Pricing Real Estate The Key For Results,” the term “Cap Rate” to structure an income property value was noted as well as the ability to utilize “creative formulas” to structure a property; acquisition should there be a question as to the price/value of the property. First an overview as to what is the “makeup of a Cap Rate” will be presented, and will then be followed by a sample illustration of two “creative formulas” that I personally had the ability to apply to a successful transaction […]

What has THAT got to do with Counseling
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Posted in Feature Articles, Summer 2008 on July 2008
Stats: 3,470 views and 1 Comment

In one way or another, we have encountered and/or studied something about counseling. We have then been told how important, in fact crucial, counseling is to a successful real estate practice. But alas, the most important ingredient to effective counseling is often glossed over, underrated or just plain forgotten – LISTENING. But what has THAT got to do with counseling?! […]

How “Stepped Payments” Can Make Carryback Paper Safer
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Posted in Feature Articles, Spring 2008 on April 2008
Stats: 3,562 views and Comments Off on How “Stepped Payments” Can Make Carryback Paper Safer

I had negotiated a price of $295,000 on 4+ acres of unimproved commercial land in southern California. The buyers were willing to pay $52,000 cash down and wanted the sellers to carry the $243,000 balance on a note secured by a first deed of trust with payments of $2,478.49 or more per month including 8.5% interest with the entire balance due and payable in ten years from close of escrow […]

Forecasts and Opinions
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Posted in Feature Articles, Winter 2008 on January 2008
Stats: 2,082 views and Comments Off on Forecasts and Opinions

In my opinion, the problem is that there is no logic in our economy – nothing to hang any facts on. I feel this to be the main problem. […]

Ten Myths About Multi-Cultural Real Estate Clients
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Posted in Fall 2007, Feature Articles on September 2007
Stats: 3,891 views and Comments Off on Ten Myths About Multi-Cultural Real Estate Clients

This article was published with Michael Soon Lee’s permission. We appreciate his contribution to the S.E.C. Observer. Over 60% of all homebuyers in America today are minorities according to the National Association of REALTORS®. There are over one million people from overseas coming into the United States every year and they all want to show […]

S.E.C. Annual Installation Banquet & Dedication
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Posted in Feature Articles, Summer 2007 on July 2007
Stats: 2,234 views and Comments Off on S.E.C. Annual Installation Banquet & Dedication

January 15, 2020 As one of the elder statesmen of the Society, I am most pleased to welcome so many current and former S.E.C.’s and their families to this unique and special occasion. The Society celebrates its sixth decade in existence and has honored that milestone in the form of this fabulously, imaginative architectural facility […]

Let’s Make a Deal
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Posted in Feature Articles, Spring 2007 on May 2007
Stats: 7,083 views and Comments Off on Let’s Make a Deal

Photo Credits: Fort Worth Business Press (July 10, 2006); Copyright © 2006 by Fort Worth Business Press. by Jenny Eure Fort Worth Business Press July 10, 2006 Real estate guru Bill Stonaker is a warrior. The Vietnam vet recently battled cancer. Now, he is fighting for his right to develop a $300-million-dollar property northwest of […]