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The Paper Concepts of a Private Money Loan

For those considering providing a private money loan, one needs to put some basic protections in the paperwork they create when funding a loan.   You see a loan as an asset is different than a direct investment in a piece of real estate. Rather than a set of keys and the right to occupy and/or… Read more »

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2010: Part II of the Year Ahead…

State of the Real Estate Economy as of October 2009 I’ve had various thoughts for what I’d write this week…  Reflecting back I am seeing a consistent theme with those that play in the land of real estate.  Uncertainty, Fear, and somewhat worn out against a back drop of Dow 10,000, Real Estate (supposed) Guru’s… Read more »

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Landlording: What Makes a Good Real Estate Investment

The foundation of my real estate investing is rooted in buy and hold investment property for the long term: otherwise, known as Landlording. While I have wholesaled & rehabbed property for short term merchandising of real estate not to mention provided hard money loans to real estate investors in Charlotte, North Carolina, it is my… Read more »

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You Can’t Handle the Truth (elevators slowed down) Part II

Whew….. I think we’ve reached a point were the elevator has at least slowed it’s descent -if not come to a halt for the time being. I am seeing pockets of stability, multiple bid situations, and anxious home buyers in our local Charlotte North Carolina real estate markets.  Both real estate investors and home buyers… Read more »

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A New Year & More Challenges….

As some of you may know, I’ve been a Hard Money Lender in Charlotte North Carolina. Needless to say, we were running along fairly well in our local real estate markets till Wachovia Bank imploded at the end of September, 2008. Sure we were slowing down in 2007 & 2008. However, our markets were still… Read more »

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2010: My Outlook on The Year Ahead…

Suffice it to say, I’m not going to miss 2009 with regards to my business and investments…. From a family standpoint it was absolutely fantastic. Emmy hit 4 this summer swimming like a fish and Max at 7 is growing out of my concept of ‘my little boy’…. Oh, they just grow to fast. 2009… Read more »

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PAYING FOR A REAL ESTATE EDUCATION

Originally posted by Tyler McCracken on 11/22/2009 on www.askthelandlord.com PAYING FOR A REAL ESTATE EDUCATION It was the Fall of 2007 when I knew we had reached the pinnacle of the real estate frenzy locally in Charlotte, North Carolina… I was at a local real estate meeting and the focus of the nights talk was… Read more »