Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Posts Tagged ‘real estate investing’

Will Amazon’s HQ2 sink Seattle’s housing market?

Tuesday, November 13th, 2018

S. Clay Sparkman
Will Amazon’s HQ2 sink Seattle’s housing market?
https://www.seattletimes.com/business/real-estate/will-amazons-hq2-sink-seattles-housing-market/
Probably not much, but it should pump up the markets in NYC and DC even furthur.
Best,
Clay
- Clay (clay@privatemoneysource.com, 503-476-2909)
Clay is Vice President of Fairfield Financial, a primary source for private money loans since 1964. Fairfield works with a broad range of private money investors, in a broker [...]

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The west coast is on fire

Tuesday, March 6th, 2018

Clay Sparkman
Between Seattle, Portland, San Francisco, LA, and San Diego, home prices are off the charts. We broker short-term loans to real estate investors, so if you wish to invest in trust deeds in these markets, consider contacting us.
And check out these two recent articles:
A Third of U.S. Homebuyers Are Bidding Sight Unseen
Seattle-area home market [...]

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Five potentially useful indicators of the likely movement of value

Friday, August 11th, 2017

Clay Sparkman
Any good real estate investor should be attempting  to assess whether property values are rising, falling, or holding in the area of his/her latest potential investment. After all, the core question when buying investment property (particularly short-term) is, “what is value likely to do in the [...]

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Resources for private money profesionals

Friday, January 6th, 2017

Clay Sparkman
I posted this article in 2011, and am sad to say that I haven’t come across much in the way of new resources since. I’m going to re-post, with a few small changes, and please let me know if you know of any useful resources available to private money professionals.

These days–with uncertain markets—tools and [...]

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Private money for maijuana grow and sell operations

Thursday, December 29th, 2016

Clay Sparkman
Good article in the Los Angeles Times:
Lending money to pot businesses is a high-risk move: ‘This is not for the faint of heart’
A few years back, this was starting to look like a pretty good place to consider investing your private money. Several things were favorable: (1) The general trend nationwide was clearly toward [...]

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Examining an FAQ about Trust Deed investing

Tuesday, December 20th, 2016

S. Clay Sparkman
TNG (The Norris Group) published the following FAQ on their site. I thought it might be fun to go through this and see where I agree and perhaps disagree, and offer my annotations (in red).
Frequently Asked Questions About Trust Deed Investing
1. What is a trust deed investor?
A trust deed investor is a person [...]

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10 things You should do before you start investing

Tuesday, September 27th, 2016

Clay Sparkman
Most of my discussions on this blog have to do with private money investing, and trends related to such.
I cam across a Lifehacker article recently–one that I had saved in The Pocket to read *later* (if you know what I mean), and was reminded that before one can make sensible private money investing decisions/choices, [...]

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Leading real estate value indicators

Tuesday, August 23rd, 2016

Clay Sparkman
Of particular interest to private money investors is to analyze and spot potential trends in real estate pricing. I recently posted an article, Three potentially useful indicators of the likely movement of property values, which proposed three potential indicators to watch.
The following article, Unlike prices, real estate jobs not back at peak, published in [...]

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Several perspectives on private money and changes happening in the industry

Tuesday, May 24th, 2016

Clay Sparkman
With regard to forward thinking (that is, how is the industry changing?): I thought you might appreciate this article, Private Lending Sector Making Big Noise for Real Estate Investors, by Ben Stoodley:
Here
Certainly he is correct with regard to his interpretation of current trends, and one must wonder how far this might all [...]

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Into the mainstream

Friday, May 13th, 2016

Clay Sparkman
I thought that this recent article in The National Real Estate Investor would be worth sharing with the private money investors in this group. It certainly rings true with those of us at Fairfield, as we have had to work with our investors to adapt our programs and strategies to a changing market (becoming [...]

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Three potentially useful indicators of the likely movement of property values

Monday, April 25th, 2016

Clay Sparkman
Any good private money investor should be attempting  to assess whether property values are rising, falling,  or holding in the area of his/her latest potential investment. After all, the core issue  when assessing investment risk is LTV, and if the “V” part of “LTV” falls during the time of your investment, your investment is [...]

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How to read an appraisal

Tuesday, November 17th, 2015

Clay Sparkman
This article was originally published, on The Private Money Broker Blog. on 8/9/10. Some 5+ years later, I feel it is worthy to be modified slightly and published again. Whatever you do in the real estate business, I highly recommend that you give this post a good read.
The [...]

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The cost of hard money

Friday, October 23rd, 2015

Clay Sparkman
After 50 years in the hard money business (as a family operation)  and 20+ years personally, you’d think we’d know what to expect. But let’s face it, no one really knows what to expect in the complex globally based financial world.
For my first 15 or so years working in the hard money industry, I [...]

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A private money loan offering

Wednesday, September 11th, 2013

Clay Sparkman

We are in the process of placing a loan that I really like. We have worked with these borrowers in the past and they have been excellent in both payment and performance.
It has to happen pretty fast (by 9/20, a week from Thursday), and we will most likely place it as a fractional [...]

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We may be done wandering through the forest

Thursday, June 27th, 2013

Clay Sparkman
I got this upbeat article as a special alert on my smart phone this week. It seems that finally the real estate market it pulling the rest of the economy forward, instead of the other way around. I would say that it’s official. Hallelujah!
Housing, regional factory data show economy’s stamina
http://us.news-republic.com/Web/ArticleWeb.aspx?regionid=1&articleid=10246360
On the other hand, a [...]

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Auto-private-money-fractional-lending

Thursday, June 13th, 2013

Clay Sparkman
This is an interesting blog post.
http://www.mymoneyblog.com/realty-mogul-review.html
It tells about a new site where you can go to make $5k private money fractional loans automatically, without the bother of actually dealing with a broker, borrower, or such. Apparently you don’t have to even bother making any decisions about the investment. That might be nice, except …!
Well [...]

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Good news for modern real estate investors

Thursday, May 30th, 2013

Clay Sparkman
Well, if this isn’t good news, I don’t know what is:
http://us.news-republic.com/Web/ArticleWeb.aspx?regionid=1&articleid=9562167
It appears that now is the time to be investing in real estate and real estate loans. We finally have a turn-around market that might actually be *real* and might actually be steady.
Let’s hope it keeps going this way. There are so many factors, [...]

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How to read an appraisal

Friday, March 29th, 2013

Clay Sparkman
This article was originally published, on The Private Money Broker Blog. on 8/9/10. Some two and a half hears later, I feel it is worthy to be modified slightly and published again. Whatever you do in the real estate business, I highly recommend that you give this post a good read.
The most [...]

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Twnety-five questions you must ask (re-post)

Friday, February 22nd, 2013

Clay Sparkman
I originally published this article on this blog in September of 2009. It is as relevant ans useful, I believe, today as it was then.

I’m going to make a list today of twenty-five important questions that I believe an investor must ask prior to funding any private money loan transaction.  I’m not [...]

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Draw process for rehab and construction loans

Wednesday, February 6th, 2013

Clay Sparkman
We plan to do as many rehab and construction loans as we can this year. We see great potential in that area. Builders are under-building (by a substantial number of units, and going back 3+ years), and this is mostly because banks haven’t recovered to the point where they are comfortable [...]

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Investing in real estate (either directly or indirectly) in 2013: three articles you should read

Friday, February 1st, 2013

Clay Sparkman
On occasion, I try to publish links to articles that are relevant, useful, and interesting. Here are three articles which give useful perspective on the matter of investing in real estate in 2012—each from a different perspective.
A money.cnn article on how to find real estate opportunities in 2013:
http://money.cnn.com/2012/12/01/real_estate/housing-outlook-2013.moneymag/index.html
Dailyresearchhunter.com on global real [...]

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Where do you go to learn about private money lending?

Wednesday, January 16th, 2013

Clay Sparkman
I can’t tell you how many times I have been asked by prospective private money investors, “Where do I go to learn more about this? Where are the books? Where are the articles? where are the websites”
I have generally had to shrug my shoulders and say, “Uh …. you know, I really [...]

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Good news for real estate markets: could this be the actual turn around we’ve been waiting for?

Wednesday, December 5th, 2012

Clay Sparkman
I posted this on my broker blog post recently. It is slightly dated, but the good news motors on. Let us celebrate the positives. (Yet, at the same time, let’s hope that we don’t go over a certain fiscal cliff, out of control and doing 90 mph. It will be interesting to see how [...]

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The quest for quality private money loans

Friday, October 5th, 2012

Clay Sparkman
Most private money investors choose to work with brokers.  However it is a decision that each private money investor must make independently and with great care—to use or not to use a broker.
The essence of the matter I think is this.  If you want a full-time job (and some investors certainly do) then you [...]

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Sample loan prospectus

Tuesday, October 2nd, 2012

Clay Sparkman
I’m not sure how many of you have made loans with us before, so I thought I would post a prospectus for a loan that we placed recently. The prospectus which is shown here is the high level presentation, or executive summary of the loan.  Having read the prospectus you should have a pretty [...]

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I can climb; I just don’t want to fall again

Thursday, August 23rd, 2012

Clay Sparkman
I like what I’m seeing in the New York Times lately regarding real estate recovery. The following article was in yesterdays paper:
Here
It seems that they are convinced that recovery of the real estate markets is underway–though they also suggest that it is likely to be slow.
I’m fine with that. I can whether the climb [...]

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Too good not to share

Monday, July 2nd, 2012

Clay Sparkman
I figured this was too good not to share. After all, when The New York Times speaks …
http://www.nytimes.com/2012/06/28/business/economy/new-indications-housing-recovery-is-under-way.html
I’ll try to get back to posting more frequently. I’ve been a bit at a loss as to what to post lately. If anyone has anything they’d like to know more about, please let me know.
– Clay [...]

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Another good piece of data for real estate markets in the PNW

Friday, February 3rd, 2012

Clay Sparkman
This from a recent article in The Puget Sound Business Journal:
“Sales of larger apartment buildings in King County are on the upswing, setting a record average price per square foot in 2011, according to data supplied by Dupre + Scott Apartment Advisors Inc.
Investors last year paid an average price of $136,509 per unit for [...]

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Better times are coming in real estate markets and here’s why

Saturday, October 29th, 2011

This Guest post by Jeff Lindikoff

I hope you are enjoying the beautiful fall weather. It is certainly my favorite time of the year and good things are on the horizon for Real Estate Investors.
We have been saying for most of this year that with an election year coming up, the government will [...]

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A good time for private money investing (or so we think)

Monday, September 19th, 2011

Clay Sparkman
We’ve been getting quite a few calls from new investors lately who are interested in investing in trust deed secured loans. This makes a certain amount of sense to me, as a number of factors are lining up to enhance the attractiveness of this type of investing. The factors I have in mind include [...]

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As goes Miami …?

Saturday, July 30th, 2011

Sorry to be so long away from you. I guess the lazy days of summer have been calling. I would like to share an article that I read recently in the New York Times.
http://www.nytimes.com/2011/07/27/business/affluent-buyers-reviving-market-for-miami-homes.html?pagewanted=1&_r=1
It seems that the Miami market, one of the worst hit during the real estate turn down, is on [...]

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Squeezing loans into the box (by thinking outside the box)

Thursday, March 17th, 2011

Clay Sparkman
As you all know, sometimes we have to be creative to get loans done in this market. One of the most critical aspects of any loan (as you well know) is the Loan to Value ratio, and there are often options for reducing the LTV to make the deal more attractive.
For purchases, the seller [...]

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How to invest in private money loans when real estate markets are uncertain

Tuesday, March 1st, 2011

Clay Sparkman
We’ve been through nearly 3 ½ rough years in the real estate market—and projections seem to indicate that we will finally see clear up-turn in the second half of this year, but no one really knows for sure.  We have managed to survive this down-time (thus far) and continue doing loans even in the [...]

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A private money loan prospectus

Tuesday, January 18th, 2011

Clay Sparkman
I’m not sure how many of you have made loans with us before, so I thought I would post a prospectus for a loan that we are currently in the process of placing.  The prospectus which is shown here is the high level presentation, or executive summary of the loan.  Having read the prospectus [...]

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An ireloquent post

Tuesday, January 11th, 2011

Clay Sparkman
A friend of mine likes to make up words.  He comes up with some pretty good ones.  A recent invention of his—ireloquent—strikes me as particularly utilitarian.  It is useful in those situations where someone is going on and on about something in the most eloquent way, but in fact has provided a response that [...]

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A story of adaptation: or how to survive and succeed in a challenging real estate market

Thursday, November 11th, 2010

The following is a guest post by Matthew Whitaker, Managing Member of Magnolia Partners, LLC and Golden Key, LLC.  I originally posted this article on my Broker Blog, but it occurred to me that it would be appropriate to post it here as well.   What I think a trust deed investor should take away from [...]

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Less Grumbly – A Follow-up to ‘grumblings of a slum lord in the post-bust environment’

Wednesday, October 13th, 2010

This Guest post by Brian Blum, Operating Manager of Maverick Structures LLC,
is  a follow up to an earlier post
Sure, we each have “teams” of lawyers, Realtors, title agencies, finance people, insurance agents, and contractors working with us, but don’t kid yourself – real estate investing is largely an individual sport.  Many investors have neither receptionists [...]

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What does this mean to us?

Sunday, October 3rd, 2010

Clay Sparkman
Okay, I don’t know about you, but whenever I read news about some new development in the real estate market, my first instinct is to say, “What does this mean to me?”  Hey I’m not proud of it, but that’s just how I’m wired.
This past two weeks we read that:
(1)  GMAC and JPMorgan Chase [...]

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Grumblings of a slum lord in the post-bust environment

Friday, September 24th, 2010

Guest post by Brian Blum, Operating Manager, Maverick Structures LLC
I’m a real estate investor.  I see opportunities in buildings – and in numbers, and I use those opportunities to create income and equity.  What I do benefits society, but I’m not going to lie to you – I am driven to do it for my [...]

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The sweet spot

Thursday, September 16th, 2010

Clay Sparkman
We are always looking for the sweet spot these days in the real estate market.  And by sweet spot, I mean that realm of  investments that are on balance less risky and more likely to turn a profit in what is otherwise a jaded real estate market.
I have gone on a bit in my [...]

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