Wednesday, March 9, 2011
Michigan Apartment Investing with The Master Herb Strather
To register for the upcoming March 26 class call us at 313-444-9691
or register online at http://www.herbscommercialquickstart.com/
Wednesday, March 2, 2011
Commercial QuickStart Event Testimonial - Joe
http://bit.ly/e8jTKo - Join Herb Strather as he gives you real life case studies of what is working in today's Commercial Real Estate market. Seating is limited so to sign up call 313-446-6900 or visit: http://bit.ly/e8jTKo
Thursday, February 17, 2011
Monday, February 14, 2011
Herb Strather's 60th Birthday
Come Say Happy Birthday To Herb Strather!
Join me (L.J. Reynolds) and other Motor City artists as we celebrate Herb's 60th Birthday and
the launch of our new music label Motor City Hits!
Food, Family, Friends, Music, Dancing, Gaming, Singing, Drinking....A night to remember!
Attire: Black Tie, Gym Shoes
In lieu of gifts, if possible please bring a donation for the Optimist Youth Foundation.
******************************************************************************************************
When: Friday, February 18 from 08:00 PM to Saturday, February 19 at 02:00 AM
Where: St. Regis Hotel3071 West Grand Boulevard Detroit, MI 48202
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Visit http://www.herbsdeal.com for a FREE Report!
See Me on these Other Sites:
http://herbertstrather.blogspot.com/
http://detroitmultifamily.blogspot.com/
http://apartmentinvestingdetroit.blogspot.com/
http://apartmentinvestingmi.blogspot.com/
http://miapartmentinvestingcourse.blogspot.com/
http://apartmentinvestingcourse.blogspot.com/
http://apartmentinvestingmichigan.blogspot.com/
http://realestatetrainingmi.blogspot.com/
http://realestateinvestingmentor.blogspot.com/
http://multifamilyinvestingmi.blogspot.com/
http://detroitmultifamilyinvesting.blogspot.com/
http://investincommercialrealestatedetr.blogspot.com/
http://commercialrealestateinvestingdetroit.blogspot.com/
Join me (L.J. Reynolds) and other Motor City artists as we celebrate Herb's 60th Birthday and
the launch of our new music label Motor City Hits!
Food, Family, Friends, Music, Dancing, Gaming, Singing, Drinking....A night to remember!
Attire: Black Tie, Gym Shoes
In lieu of gifts, if possible please bring a donation for the Optimist Youth Foundation.
******************************************************************************************************
When: Friday, February 18 from 08:00 PM to Saturday, February 19 at 02:00 AM
Where: St. Regis Hotel3071 West Grand Boulevard Detroit, MI 48202
******************************************************************************************************
Visit http://www.herbsdeal.com for a FREE Report!
See Me on these Other Sites:
http://herbertstrather.blogspot.com/
http://detroitmultifamily.blogspot.com/
http://apartmentinvestingdetroit.blogspot.com/
http://apartmentinvestingmi.blogspot.com/
http://miapartmentinvestingcourse.blogspot.com/
http://apartmentinvestingcourse.blogspot.com/
http://apartmentinvestingmichigan.blogspot.com/
http://realestatetrainingmi.blogspot.com/
http://realestateinvestingmentor.blogspot.com/
http://multifamilyinvestingmi.blogspot.com/
http://detroitmultifamilyinvesting.blogspot.com/
http://investincommercialrealestatedetr.blogspot.com/
http://commercialrealestateinvestingdetroit.blogspot.com/
Wednesday, February 9, 2011
Commercial Real Estate Event - Live Streaming Video
Join us on Saturday February 12, 2011 for the Commercial Quick Start Event.
Herb Strather will be live explaining the benefits of Commercial Real Estate Investing
from 9 AM to 3 PM.
Reserve your seat now: http://bit.ly/i0gXr3
See Me on these Other Sites:
http://herbertstrather.blogspot.com/
http://detroitmultifamily.blogspot.com/
http://apartmentinvestingdetroit.blogspot.com/
http://apartmentinvestingmi.blogspot.com/
http://miapartmentinvestingcourse.blogspot.com/
http://apartmentinvestingcourse.blogspot.com/
http://apartmentinvestingmichigan.blogspot.com/
http://realestatetrainingmi.blogspot.com/
http://realestateinvestingmentor.blogspot.com/
http://multifamilyinvestingmi.blogspot.com/
http://detroitmultifamilyinvesting.blogspot.com/
http://investincommercialrealestatedetr.blogspot.com/
http://commercialrealestateinvestingdetroit.blogspot.com/
Let's Get Social:
http://www.facebook.com/herbstrather
http:/www.linkedin.com/in/herbstrather
http://www.youtube.com/herbstrather
48201 48208 48215 48222 48229 48236
48202 48209 48216 48223 48230 48237
48203 48210 48217 48224 48231 48238
48204 48211 48218 48225 48232 48239
48205 48212 48219 48226 48233 48240
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Herb Strather will be live explaining the benefits of Commercial Real Estate Investing
from 9 AM to 3 PM.
FIRST TIME EVER!!
This Event is going to be streamed live via Internet
This Event is going to be streamed live via Internet
Reserve your seat now: http://bit.ly/i0gXr3
Agenda
1. Why Commercial
2. Types of Commercial
3. Finding Deals(Blitzing)
4. Building Your Team
5. Building Your Balance sheet
6. Underwriting the Deal
7. Closing
8. Property Management
9. Exit Strategies
Reserve your seat now: http://bit.ly/i0gXr3See Me on these Other Sites:
http://herbertstrather.blogspot.com/
http://detroitmultifamily.blogspot.com/
http://apartmentinvestingdetroit.blogspot.com/
http://apartmentinvestingmi.blogspot.com/
http://miapartmentinvestingcourse.blogspot.com/
http://apartmentinvestingcourse.blogspot.com/
http://apartmentinvestingmichigan.blogspot.com/
http://realestatetrainingmi.blogspot.com/
http://realestateinvestingmentor.blogspot.com/
http://multifamilyinvestingmi.blogspot.com/
http://detroitmultifamilyinvesting.blogspot.com/
http://investincommercialrealestatedetr.blogspot.com/
http://commercialrealestateinvestingdetroit.blogspot.com/
Let's Get Social:
http://www.facebook.com/herbstrather
http:/www.linkedin.com/in/herbstrather
http://www.youtube.com/herbstrather
48201 48208 48215 48222 48229 48236
48202 48209 48216 48223 48230 48237
48203 48210 48217 48224 48231 48238
48204 48211 48218 48225 48232 48239
48205 48212 48219 48226 48233 48240
48206 48213 48220 48227 48234 48242
48207 48214 48221 48228 48235 48243
48244
Friday, February 4, 2011
Tuesday Night Webinar
Tuesday, February 8, 2011 8:30 PM - 9:00 PM EST
Register for this Webinar by clicking on the link below or copying it into a browser:
https://www3.gotomeeting.com/register/191422150
In order to get the word out about my Commercial Quickstart Event that's taking place Saturday, February 12th, I'm doing a short webinar about my new special report: THE 8 THINGS YOU MUST DO TO GET READY FOR THE UPSWING. In this webinar I'm going to share with you 8 VERY IMPORTANT things that I want you to do, so that when real estate market pick up your not kicking yourself for missing the boat.
Register for this Webinar by clicking on the link below or copying it into a browser:
https://www3.gotomeeting.com/register/191422150
See Me on these Other Sites:
http://herbertstrather.blogspot.com/
http://detroitmultifamily.blogspot.com/
http://apartmentinvestingdetroit.blogspot.com/
http://apartmentinvestingmi.blogspot.com/
http://miapartmentinvestingcourse.blogspot.com/
http://apartmentinvestingcourse.blogspot.com/
http://apartmentinvestingmichigan.blogspot.com/
http://realestatetrainingmi.blogspot.com/
http://realestateinvestingmentor.blogspot.com/
http://multifamilyinvestingmi.blogspot.com/
http://detroitmultifamilyinvesting.blogspot.com/
http://investincommercialrealestatedetr.blogspot.com/
http://commercialrealestateinvestingdetroit.blogspot.com/
Let's Get Social:
http://www.facebook.com/herbstrather
http:/www.linkedin.com/in/herbstrather
http://www.youtube.com/herbstrather
48201 48208 48215 48222 48229 48236
48202 48209 48216 48223 48230 48237
48203 48210 48217 48224 48231 48238
48204 48211 48218 48225 48232 48239
48205 48212 48219 48226 48233 48240
48206 48213 48220 48227 48234 48242
48207 48214 48221 48228 48235 48243
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Thursday, January 27, 2011
5 Unique Ways to Fund Your Next Detroit Multi family Deal
Visit http://www.herbsdeal.com for FREE REPORT
Despite the current slump in the housing market, it can be the right time to acquire funding for multi family or apartment building real estate. I got into the real estate game when I had no money so I had to do deals creatively, but I have developed systems that allow me to not only survive the slump, but profit from it. We all know the time to buy is not when you hear everyone saying it a great time to get in the market. We are in the best time in history to get into commercial real estate i.e. Multi Family investing. Because I had no money in the beginning I still creatively structure deals were the student doesn't have to bring money to close, but get cash at closing. There are many ways to go about funding your next real estate deal, but today I would like to focus on private investors, grants, sellers, selling other assets, and loans.
Private Investors:
If you can be provided with an opportunity to sit down with someone who is willing to entertain putting forth a little investment capital for a possible venture, wear your best suit and tie. Have a professional proposal detailing your outlying costs and show the bottom line of your profit margin. Chances are your investor will be looking for a faster return on their money than a financial institution will.
Grants:
The government dishes out billions of dollars each year in grants to those seeking funding for real estate ventures. This is mainly because one of the government's main duties is to provide housing for U.S residents (apartments). There are not only federal grants for which you can apply, but also state level grants as well. Now, getting grants is a lot of work and takes time, but what would be better than getting free money to fund your real estate empire. In fact, we are closing on a deal right now that we are selling to a local housing agency that will lose their grant money if they do not purchase by the end of the year.
The Seller of a multi family complex:
Yes, you can possibly obtain the money needed for a property from the seller. It may benefit the seller more to finance your purchase than to face foreclosure or bankruptcy.
One thing you have to understand is that in the next couple of years there is about 1 trillion dollars of loans on commercial property coming due that cannot be refinanced. That is a HUGE opportunity for you!
In some instances the seller is willing to add additional money to the price of the property to account for the down payment and the closing costs. This additional money can sometimes be paid back with cash flow from the property after purchase. It may require an increase in interest to carry that money on your balance; however it will buy you some time to earn more capital. Another trick is to make the seller your partner in the deal, that's right make in a partner and cash him out that way. More on that later.
Selling other assets:
If you feel strongly about entering in to the market and have tried other avenues to obtain capital; you may think about liquefying any available assets. You can cash in any stocks, bonds or other savings. Take your 401K and turn it into a Self-Directed one so that you have funds to possible invest in other peoples' deals. However, seek professional guidance before making this move. We always need to think through our investment goals from how to get a deal to the proper exit strategy!
Loans for apartment investing:
If all else fails, it is still possible to obtain a multi family loan from a bank or credit union. You may be required to possess a higher credit score and/or have substantial collateral to convince the bank to fund your apartment investment. In this instance you may or may not receive the full amount necessary, and will also need to consider the interest rate that will be assessed above the loan. This will be essential when completing a bank proposal.
The right way to fund a deal is different for each circumstance. As an investor it is important to be able to use all the tools necessary at your disposal to get the deal done. Understanding all your options enables you to be the investor that gets the deal done. Once you establish yourself as a closer the deals will start to knock on your door.
Visit http://www.herbsdeal.com for FREE REPORT
48201 48208 48215 48222 48229 48236
48202 48209 48216 48223 48230 48237
48203 48210 48217 48224 48231 48238
48204 48211 48218 48225 48232 48239
48205 48212 48219 48226 48233 48240
48206 48213 48220 48227 48234 48242
48207 48214 48221 48228 48235 48243
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Tuesday, January 25, 2011
5 Reasons Why Commercial Property Owners are Motivated to Sell
Visit http://www.herbsdeal.com for FREE REPORT
In Real Estate the thing you may here the most is location, location, location. Why, that may be true the other factor is Motivation, Motivation, and Motivation. What is the motivation of the seller? With some sellers their motivation is very easy to spot, such as foreclosure, going out of business, losing a major tenant, etc. But, sometimes getting to the real motivation askes a little digging deeper. Below I have listed 5 reasons that motivate a commercial building
owner to sell. Over the years these are the most common that I have ran into while in the business.
1.Building Problems
a.Old Properties
b.Neglected Properties
c.Poor Quality Tenants
d.Not Enough Money
e.Not Enough Time
2.Owner Problems
a.Tired of being a landlord
b.Lawsuit Pending
c.Job Transfer
d.Job Loss
e.Divorce
3.Life Changes
a.Health problems
b.Age
c.Wants to sell to start another business
d.Partnership splitting up
4.Financial Problems – Hardest to Identify
a.Balloon payment pending or past due
b.Vacancy too high
c.Death of partner
d.Lawsuit
e.Bank calling note due
5.Other
a.Upside Down
b.Negative Cash Flow
c.Taxes To High
d.Need Cash
e.Property Too Small
f.Property Too Far Away
g.Lost Major Tenant
To become a Master in the real estate business you need to be able to not only identify motivation of the seller but how to use it to your advantage to get the deal. Knowing what is motivating the seller will give you knowledge into what the seller really wants; it may not be to sell the property, it may not be that he/she needs the money. You become a Master when you are able to solve the problem for that seller - whatever that problem is.
This and other techniques are discussed in my Cash at Closing Blueprint course and the accompanying 8-Week mentoring class. In the class the student will learn firsthand through real life examples of what is working in today's' real estate world and how you can profit from this commercial real estate business.
Visit http://www.herbsdeal.com for FREE REPORT
48201 48208 48215 48222 48229 48236
48202 48209 48216 48223 48230 48237
48203 48210 48217 48224 48231 48238
48204 48211 48218 48225 48232 48239
48205 48212 48219 48226 48233 48240
48206 48213 48220 48227 48234 48242
48207 48214 48221 48228 48235 48243
48244
In Real Estate the thing you may here the most is location, location, location. Why, that may be true the other factor is Motivation, Motivation, and Motivation. What is the motivation of the seller? With some sellers their motivation is very easy to spot, such as foreclosure, going out of business, losing a major tenant, etc. But, sometimes getting to the real motivation askes a little digging deeper. Below I have listed 5 reasons that motivate a commercial building
owner to sell. Over the years these are the most common that I have ran into while in the business.
1.Building Problems
a.Old Properties
b.Neglected Properties
c.Poor Quality Tenants
d.Not Enough Money
e.Not Enough Time
2.Owner Problems
a.Tired of being a landlord
b.Lawsuit Pending
c.Job Transfer
d.Job Loss
e.Divorce
3.Life Changes
a.Health problems
b.Age
c.Wants to sell to start another business
d.Partnership splitting up
4.Financial Problems – Hardest to Identify
a.Balloon payment pending or past due
b.Vacancy too high
c.Death of partner
d.Lawsuit
e.Bank calling note due
5.Other
a.Upside Down
b.Negative Cash Flow
c.Taxes To High
d.Need Cash
e.Property Too Small
f.Property Too Far Away
g.Lost Major Tenant
To become a Master in the real estate business you need to be able to not only identify motivation of the seller but how to use it to your advantage to get the deal. Knowing what is motivating the seller will give you knowledge into what the seller really wants; it may not be to sell the property, it may not be that he/she needs the money. You become a Master when you are able to solve the problem for that seller - whatever that problem is.
This and other techniques are discussed in my Cash at Closing Blueprint course and the accompanying 8-Week mentoring class. In the class the student will learn firsthand through real life examples of what is working in today's' real estate world and how you can profit from this commercial real estate business.
Visit http://www.herbsdeal.com for FREE REPORT
48201 48208 48215 48222 48229 48236
48202 48209 48216 48223 48230 48237
48203 48210 48217 48224 48231 48238
48204 48211 48218 48225 48232 48239
48205 48212 48219 48226 48233 48240
48206 48213 48220 48227 48234 48242
48207 48214 48221 48228 48235 48243
48244
Sunday, January 23, 2011
Commercial Real Estate
Herb Strather -apartment investing Detroit - kewego
http://www.herbsdeal.com - Detroits' own Herb Strather talks about commercial real estate investing. Go to http://www.herbsdeals.com for
Free Report.
http://www.herbsdeal.com - Detroits' own Herb Strather talks about commercial real estate investing. Go to http://www.herbsdeals.com for
Free Report.
Keywords: herb strather detroit multi family apartment investing detroit apartment investing mi mi apartment invesing course apartment investing course
Video from herbstrather
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