Monthly Archives: December 2009

There is something in the water

The fact that it is been so dificult to borrow money is having a positive effect on the rental acrtivity. We rented seven places today. Considering the fact that we have had record snow fall and it should be one … Continue reading

Posted in Apartments in Omaha, Business, Certified Property Manager Omaha, Landmark Group, Market conditions, Nebraska Real Estate, Omaha, Omaha Economy, Property Management Omaha, Real Estate Omaha, Rental properties | Leave a comment

Bank terms

I recently send out an RFP for a new bank loan on a project we are working on. Here is an overview of what the terms would be, expect something similar if you are looking for a loan. This is … Continue reading

Posted in Financing, Real Estate, Real Estate Consulting Omaha, Real Estate Expert Omaha, Real Estate Omaha | Leave a comment

When is the best time to act?

I believe generally it is best to do the exact opposite of what everyone else is doing. Or at least completely ignore what other investors are doing. You should have your own hurdle rate and when you meet that, you … Continue reading

Posted in Attitudes, Business, Goal setting, Real Estate Consulting Omaha, Real Estate Expert Omaha, Real Estate Investing Omaha, Real Estate Omaha | Leave a comment

Nebraska Forclosure law

Jeff asked: what are the current foreclosure laws in the state of Nebraska? All the banks that we work with have told us that if a customer defaults and the bank ultimately sells the property for less than what you … Continue reading

Posted in Defaults, Education, Nebraska Real Estate, Omaha foreclosures, Real Estate, Real Estate Consulting Omaha, Real Estate Expert Omaha, Real Estate Investing Omaha | Leave a comment

Should I default or not?

This is an interesting article from the wall street journal about weather you should default or not. In Nebraska it is a relatively small problem compared to Arizona, I think this fact is just one more reason that Nebraska is … Continue reading

Posted in Business, Defaults, Nebraska Real Estate, Real Estate | 2 Comments

Obama is not helping

In the sprit if getting great ideas from someone else, here is a link to Ernie Goss’ latest post. I am a firm believer in that capitalism drives all decisions. Banks are capitalists at heart. http://economictrends.blogspot.com/2009/12/feds-interest-rate-policy-not-helping.html

Posted in Business, Education | Leave a comment

What are three things a nonegarian wished he had done different?

As many of you know I like to talk about the ideas of other people. I heard a very interesting fact from out Pastor Mark Ashton in church this morning. In true Dave Paladino fashion he quoted someone else saying … Continue reading

Posted in Business, Discipline, Education, Friends, Goal setting, Leadership, Real Estate Investing Omaha, Religion/God | Leave a comment

Non-recourse states

This little fact is a huge surprise. I have been spending a significant amount of time on the phone with banks, borrowers, equity partners, suppliers, contractors, trustees and even widows and pastors about the current state of lending as it … Continue reading

Posted in Defaults, Education, Financing, Real Estate | 2 Comments

Now we are talking!!!!

Just about when I want to move out of the cold weather in Nebraska I read articles like the one in Forbes. Omaha was rated as the fastest city to come out of the recession. Here is the article http://www.forbes.com/2009/11/19/cities-recovery-unemployment-lifestyle-real-estate-top-ten.html

Posted in Business, Market conditions, Omaha, Omaha Economy | Leave a comment

I want your input

I have a question. If a borrower gets foreclosed on or does a short sale, do you think that the borrower should owe the bank the difference in what they owe and what the bank got? For example say a … Continue reading

Posted in Business, Defaults, Omaha foreclosures, Real Estate, Short sales omaha | 4 Comments