Dave Lindahl's Apartment House Riches - Posted by Loumar Grant

import · August 29, 2005, 3:30pm

Re: DealMaker’s Guide - Posted by ray@lcorn

Posted by ray@lcorn on August 29, 2005 at 15:30:22:

DW,

Then Chapter 8, “Finding Deals” is what you’re after. It covers the entire spectrum of finding properties. Included are at least two dozen online resources; how to work with brokers?including negotiating listing/sales agreements, buyer’s brokers and accessing “pocket listings”?and a list of the top twenty national brokers; contacts for trade associations and publications; how to use courthouse research and local government departments; and bidding strategies for auctions. The chapter is 40+ pages long, and as complete as I could make it.

For an overview of the entire book, check the links on the sales page for the pdf files of the Introduction and the Table of Contents. The direct link to the page is http://www.creonline.com/catalog/b-140.html

Thanks for your interest,

ray

import · December 27, 2006, 10:44am

Re: Ray…question about apartment biz - Posted by Lee

Posted by Lee on December 27, 2006 at 11:44:17:

Thank you for a clear explanation about apt. bldgs!

This prompts another question:
What today (12/06) is the/your best RE vehicle?
MHP perhaps? I live in NE Florida, in case it makes a difference
Thank you
Lee

import · September 8, 2006, 10:52am

Re: Ray…question about apartment biz - Posted by Ginger Perkins

Posted by Ginger Perkins on September 08, 2006 at 10:52:06:

Ray,

I have been tip toeing around investing for 11 years now having success with a couple of condos in CO that were rented out and now a duplex in VA that has been a money maker so far.

The larger M/F seemed the way to go and I almost signed up for Dave Lindahl’s course this morning until I spent some more time researching his reputation and trying to figure out if M/F education is were I want to spend my resources.

If you were just starting to expand your knowledge base beyond the book selections what seminar/home study program do you believe would offer the best information?

Ginger Perkins

import · December 27, 2006, 11:08am

Re: Ray…question about apartment biz - Posted by ray@lcorn

Posted by ray@lcorn on December 27, 2006 at 12:08:27:

Lee,

Location always makes a difference. Real estate is primarily driven by local market fundamentals, and what is true for one type in one market is not necessarily the case for another.

That said, we’ve been buying office buildings for the last two years. However, there are significant divisions within the sector (e.g. downtown vs. suburban; high rise vs. campus; etc.) that are again driven by market factors, so don’t construe that to be a blanket endorsement of the type.

MHPs are gaining ground as mortgage rates rise and the housing market cools, and as chattel lenders re-enter the retail finance sector for single-wides. The problem is actually supply of single-wide units… very few manufacturers are building them due to the non-existence of financing over the last few years. Many older parks are being forced to reconfigure spaces to accomodate double wides. In FL that has been the norm for years.

ray

import · September 8, 2006, 12:06pm

Re: Commercial RE Books and Courses - Posted by ray@lcorn

Posted by ray@lcorn on September 08, 2006 at 12:06:15:

Hi Ginger,

Wow, you responded to a pretty old post… good thing for email notification!

You’re asking the wrong guy for a recommendation… since I wrote my own book to address your very situation (an investor with some experience, ready to move up) I can’t be anything but biased. But since you asked, I’ll answer, and consider yourself warned!

I assume you’ve seen the book’s description, but in case not, it’s the DealMakers Guide to Commercial Real Estate, and you can read the Table of Contents and Introduction at the links at http://www.creonline.com/catalog/b-140.html

The difference between this book and most of the others out there is that it covers all property types and investment strategies, in great detail, rather than just one type, or one deal strategy. I wrote it with one thing in mind… to create the tool I wish I had had when I started out. As you will see in the table of contents, it starts with the first steps of preparing your financial statement and investment criteria, and moves all the way through advanced dealmaking and finance strategies. It even has a chapter on entities and taxes written by a CPA and tax lawyer. I worked hard to make it an A to Z manual that covers all of the important commercial real estate bases, and a lot of obscure ones that can only come with experience. And that’s really the key… all of the material is taken from my personal experience over the 25 years I’ve been in the field.

The feedback I’ve gotten from those who have read it has been that it hit the mark of being equally useful for seasoned pros and beginners alike. I would encourage you to email any of the folks from the forum who have posted comments about the book. I’m sure they will give you their true opinion, and I don’t solicit comments or posts.

Another advantage is that I am available to answer questions about the material here on the ComRE Forum. It’s a public, free forum, and I’ve been the host since it’s inception in 2000. If you have my book we’re miles ahead in being able to communicate, because I can point you to specific sections for your individual situation.

But if you buy it and find it doesn’t fit your needs, there is a no-questions asked 100% return guarantee.

Okay, that’s my sales pitch for the day! Hope it wasn’t too self-serving.

Best of dealmaking,

ray