June 2012 To The Point From the Reno Sparks Association of REALTORS – AB284

Get To The Point with Kevin Sigstad and Helen Graham of the Reno Sparks Association of REALTORS as they share insight on the real estate trends in Northern Nevada. Featured in this episode is discussion of the impact of AB284 and the National Mortgage Settlement.

Join Kevin Sigstad and Helen Graham of the Reno-Sparks Association of REALTORS as they get To The Point with the latest trends and data on residential Real Estate in Northern Nevada. This month, they also explain the Mortgage Forgiveness Relief Act of 2007 and how it can affect you!

Real Estate Debt Maturities a ‘Looming Problem’

www.reit.com Imminent debt maturities pose a "looming problem" for the commercial real estate industry, according to Roy March, CEO of Eastdil Secured. March offered his thoughts on the state of the capital markets in an interview with REIT.com at The Real Estate Roundtable's fall meeting in Washington. Despite the large amounts of debt coming due, March speculated that different sources would step up to enable borrowers to refinance their debt. He included mortgage REITs, the commercial mortgage-backed securities (CMBS) market and commercial banks within that group. "There's a lot of cash on the sidelines," March said. "Ultimately, whether it's the banks or special servicers, we expect that they will work with borrowers to extend those maturities out. We've already seen that in 2009, 2010 and parts of 2011." In light of the recent downturn in the equity markets, March advised not to expect many companies going public in the near future. He pointed out that the public markets aren't offering premiums to net asset values (NAV) for REITs at the moment and, in fact, are pricing REITs at a discount to NAV. Between pricing and the costs of underwriting and fees, March said going public in the current market offers limited benefits to private commercial real estate companies. "Clearly, as the public companies are trading either at or at a discount to net asset value, I don't see [private companies] accessing the market any time soon in the equity markets, although we do feel ...

German Listed Real Estate Market Cap Up 75%

www.reit.com One of the main topics of discussion at the European Public Real Estate Association's annual conference in London in early September was the future of the German real estate market. Ulrich Hoeller, vice chairman of the German property association ZIA, spoke with REIT.com at the event about what needs to be done to fully unlock Germany's potential as a real estate investment market. "What we have seen over the last 12 months was a bottoming out of the commercial real estate market," Hoeller, who is also CEO of German real estate company DIA Asset, said. "Rents are starting to rise again and demand is picking up. Therefore, the outlook, depending on strong economic growth in Germany for 2012, should be great." Hoeller said he used the words "should be" because the economic crisis has made any sort of forecasting a challenge and things can change very quickly. The market capitalization of the listed German real estate has increased 75 percent in the past year, and Hoeller said it is realistic to expect further expansion. He said part of that growth will come from new companies entering the public market. "From my point of view, the REIT until today has not been a big deal because there have only been three main German REITs," Hoeller said. "For the investment community it is mainly a question of quality of management, size of the company and a strong business model." ZIA, the main advocate for German property companies, is focused on a number of issues ...

www.REIClub.com - Investing in Self Storage an be a Good Investment. Here's a Quick Video on the Benefits and Risks of Self Storage Investments... Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on risks and benefits of investing in Self Storage. Define Why Self-Storage? Self storage facilities share the same attractive qualities as other similar commercial real estate investing niches. Such as residential rentals, apartments, retail strip centers, office buildings, and industrial properties. But Here's The Difference:: - Self Storage Operating Costs are much lower - Self Storage Investments loan default rates are significantly lower - banks like this - Many ways to Profit - locks, boxes, & moving supplies, truck rentals - Lien laws for Self Storage vs. Eviction Laws For Residential - change locks and sell contents - Virtually Recession Proof - economy good = people buying new things, storing old things. - economy bad = people downsize - need place to store excess - No Tenants, No Water Benefits: - Being your own boss - Significantly lower maintenance and operating costs - High cash flow - Same income, lower expenses = more profit - the $ per sq. ft. is the same as other types of real estate investments - Self Storage Deals are more appealing to Banks - funding is easier - Tax advantages - Cost segregation - IRS changed the regulations to - Increase Occupancy = appreciation, better market value Risk ...

www.REIClub.com - The MLS Is A Powerful Tool For Finding Motivated Sellers. Here's A Quick Video On Using MLS Listings To Find Motivated Sellers... Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on how to find motivated sellers using the Multiple Listing System The multiple listing service (MLS) is a fantastic FREE tool for real estate investors. With it's specific search criteria it makes finding properties very easy. You are also able to setup automatic email notifications the moment New properties are uploaded into the system that fit your mls listing criteria. Customize Search Results within MLS - Radius Search, within a specified distance from a target address - Property Type - Single Family, Multi-family (duplex, 4-plex) - Subdivision, Section - Price range from low to high - DOM - Days on Market Tip - The more specific the criteria, the higher chance there will be less results. Tweak these around till you find a balance. Prices are not concrete, always room for negotiation. Keywords In the Remarks section - Short Sales: short sale, Give bank time to respond, preapproved by bank, short sale, preforeclosure, notice of default - REOs: REO, Bank owned, foreclosure(s), HUD, repossessed home - Expired Listings: motivated seller, simply request "expired listings" - Handy Man Specials: handyman special, investors delight, rehabbers wanted, needs work, investors welcome, fixer upper DOM: - ADOM vs. CDOM ...

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