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) […]
Posts Tagged ‘real estate’
A way to find qualified commercial borrowers – Lendicom.com
Monday, August 30th, 2010Top ten loan offerings that you may choose not to review
Monday, August 16th, 2010Clay Sparkman We haven’t done one of these for awhile. There is plenty to be serious about with regard to the economy, the real estate markets, and in particular, the market for trust deeds and private money loans. There is plenty of uncertainty in these markets. And yet, there are also some good things happening […]
Getting started with private money – the dating thing
Thursday, August 5th, 2010Clay Sparkman I am frequently asked by private money investors: “… so how do we get started investing in private money loans?” You know, there is no simple answer to this question. I tell them that it is kind of like dating. If we are going to do this as an investor/broker team, then they […]
When life gives you lemons …
Sunday, July 18th, 2010Clay Sparkman I have always believed—and history seems to bear this out—that when the status quo becomes problematic, new opportunities present themselves. Certainly the real estate economy of the past three years has proved problematic, and so as private money investors we are called upon to seek out those borrowers/investors who have encountered and successfully […]
A brief unofficial analysis of the private money market for investors
Tuesday, July 13th, 2010Clay Sparkman The national economy is in a state of confusion and the local economy is in a state of confusion. So what does this mean for the market for investing in trust deed based loans? Well of course nobody really knows–and this is just my take on it–but here goes: First of all, let’s […]
Why title Insurance
Monday, June 28th, 2010Provided by Corinne Akerill, Escrow Officer at First American Title When making a loan that is to be secured by an interest in real property, the following are a few questions that a title insurance company can answer. Does the person who wants to borrow the money have an interest in the property being offered […]
Question: what will it take to get the banks to lend?
Monday, June 14th, 2010Clay Sparkman Back in January, in my post entitled, “Won’t somebody please call a plumber … the banks are clogged,” I addressed what I consider to be the essential question regarding what it will take to get the real estate economy on track and moving in the right direction assertively and with confidence again. And […]
Those who shorted subprime
Monday, May 24th, 2010Clay Sparkman I just recently finished reading The Greatest Trade Ever, the 2009 book by Wall Street Journal reporter Gregory Zuckerman. It is a terrific read. I really enjoyed it. It evolves primarily around John Paulson, and tells the story of how he managed to make billions of dollars for himself and his hedge fund […]
Don’t put all your egg baskets in one egg truck
Tuesday, April 27th, 2010Clay Sparkman Colloquialisms are funny things. We use them pretty much every day in our speech and in our writing and yet most of us, I suspect, though we know the meanings of the expressions, frequently don’t know why the individual words have come to mean what they mean. Take for example: “Don’t look a […]
Top ten clues that you should probably withdraw your loan request from a particular private money lender
Tuesday, April 6th, 2010Clay Sparkman I remember when I first came into this business 15 years ago, the general attitude toward private money–and private money lenders and brokers–was quite negative. And to a certain extent, the reputation was not completely unearned. It was an industry that seemed to harbor a small handful of crooks and a great many […]
