Monthly Archives: October 2009

rental activity

The last two days the rental activity has dropped off a lot. Could be end of the month activity. Interesting fact: the Penske activity at our corporate office has been very busy. It might be all the first time home … Continue reading

Posted in Business, Dino's Storage, First time home buyers, Penske Truck Rentals, Property Management Omaha, Real Estate Omaha, Rental properties | Leave a comment

Busy

Dan S posted a comment about me thinking investors needing fourty percent down and the answer is —–you are going to have to get close to this. Rob H a former partner of mine said my comments may be a … Continue reading

Posted in Certified Property Manager Omaha, Commercial Property Management Omaha, Multifamily Investing Omaha, Property Management Omaha, Real Estate Expert Omaha, Real Estate Investing Omaha, Rental properties, Technology | 1 Comment

Five things need to borrow money

If you want to borrow money these are the five things you will need: Have the amount of money you need to borrow in cash or liquid assets LTV of 60% or less. If you are using an appraised value … Continue reading

Posted in Business, Education, Financing, Nebraska Real Estate, Real Estate, Real Estate Consulting Omaha, Real Estate Expert Omaha, Real Estate Investing Omaha, Real Estate Omaha | 1 Comment

Implosion

Ok the real estate market is just about to implode. One of the reason that properties are not worth as much is because we cannot get financing. I talk to a variety of bankers every day. I sell for them, … Continue reading

Posted in Attitudes, Business, Education, Family, Financing, Friends, Market conditions, Nebraska Real Estate, Omaha Economy, Property Management Omaha, Real Estate, Real Estate Expert Omaha, Real Estate Omaha, Rental properties | Leave a comment

Look at this project : 11,000 Units

This is one apartment complex in New York that is 11,000 units. This property is worth half what its owners paid for it. Look it all the big name owners. The problems that we are having in our business in … Continue reading

Posted in Business, Nebraska Real Estate, Property Management Omaha, Real Estate, Real Estate Omaha | Leave a comment

Captialism a Love story

I have not seen this movie, but from the review in the WSJ I think I am going to agree with a lot of it. Along those lines, here is an article in the wall street journal that describes exactly how I … Continue reading

Posted in Business, Financing, Real Estate | Leave a comment

Dodge/MB/ Freightliner Sprinter

Almost two years ago we invested in a Dodge/MB/ Freightliner Sprinter. It’s actually made by MB in Germany and shipped to the states as a couple of large components and the final assembly is done here. The reason I that … Continue reading

Posted in Business, Dino's Storage, Fitness, Fitness Omaha, International affairs, Landmark Group | Leave a comment

Cashflow based lending

I am in the process of redoing one of our lines of credits and the properties that are collateral are perfoming better than they ever have, yet the banker wants to cut back the size of the LOC significantly. When I … Continue reading

Posted in Business, Education, Financing, Nebraska Real Estate, Real Estate, Real Estate Omaha | Leave a comment

Vacancies in Omaha

I took a video of Jim Posey, Landmarks Resident Condo expert. But it was too large to post. His comments were summarized around the fact that he feels the reason we have had this increase in vacancies is because there … Continue reading

Posted in Business, Certified Property Manager Omaha, Commercial Property Management Omaha, Landlord Representation Omaha, Market conditions, Nebraska Real Estate, Omaha, Omaha Economy, Property Management Omaha, Real Estate Omaha, Rental properties, Tenant Representation Omaha | Leave a comment

waste

Have you ever thought about the amount of waste in an organization? It can be any organization -a branch of the government, a non-profit or a business. We are faced with a new world order. Because of the meltdown in … Continue reading

Posted in Business, Discipline, Goal setting, Real Estate | Leave a comment