From Poverty to Commercial Real Estate to Sports Empire?

Jerry Buss, Multifamily Investor and Owner of the LA Lakers

Jerry Buss, the owner of the Los Angeles Lakers, died earlier this week after a lengthy bout with cancer. Many will focus on Dr. Buss’s success as a sports team owner. But, the career that led to his well-earned fame is worth a longer look. A Child Born in Poverty Jerry Buss was a child [...]

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The 4 Multifamily Trends that Will Make You Wealthy

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A recent Harvard University study released highly promising information for commercial multifamily investors. Four key trends are driving the multifamily sector to historic levels and investors are receiving superb returns as a result.   1) Homeownership Plummets while Renters Increase. Dramatically. Homeownership levels (the percentage of households that own vs. rent) fell at record levels [...]

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How to Make an Extra 15% or More in Every Commercial Real Estate Transaction

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When T.J. Starker took on the IRS in the late 1970’s, he re-defined how investors could manage their portfolios and permanently changed the core strategies of commercial real estate investors. The resulting tax code modifications, commonly referred to as the 1031 Starker Exchange, allow commercial real estate investors to defer capital gains tax from the [...]

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Investor Intelligence – Foreclosures Stabilizing

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Foreclosures Stabilizing At its peak in 2010, more than 14% of all mortgages were in some form of delinquency or foreclosure. Many feared these distressed properties would be sold at steep discounts by desperate lenders and subsequently depress the housing market for the next several years. However, with delinquent mortgages hovering around their lowest levels [...]

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Investor Intelligence – The Shrinking Shadow

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The Shrinking Shadow During its peak in 2010, more than 14% of all home mortgages  were in “Shadow Inventory,” homes that were either delinquent in their mortgage payment (over 10% of all mortgages in Q1 2010) or at some stage of the foreclosure process. Industry analysts predicted these homes would hit the market in a [...]

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Investor Intelligence – Is the Housing Bust Over?

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Is the Housing Bust Over? The US housing market is making some positive news lately that is worth a deeper look. Some key facts: – Inventory levels are the lowest they have been in 7 years – New housing starts continue to show annual growth for the first time in nearly 3 years – Sales [...]

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Investor Intelligence – Looking Beyond the Headlines

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Looking Beyond the Headlines Buried under the headlines announcing the recent housing numbers we received some hidden and continuing good news for multifamily investors. According to the U.S. Census Bureau, the annualized number of multifamily starts reached 179,000 units, still well below the 10 year average and not even a quarter of the number needed [...]

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Investor Intelligence – Looking Around Corners

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Looking Around Corners “If you see something on the front page of the paper, it’s too late to do anything about it.” That mindset, coupled with 35 years of experience in commercial real estate has taught Ray Alcorn to look for trends that won’t appear on the front page of the paper for years, and [...]

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Investor Intelligence – The New American Dream

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The one thing you should never do if you want to retire is…..invest in the stock market. The American Dream is going away and it is not coming back anytime soon. When it does return, it is likely we will not recognize it. For generations, Americans have been told the two surest ways to a [...]

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