Tuesday, May 29, 2012


The Art of Negotiation

{4:18 minutes to read} Making the deal is all in the negotiation. The job of an agent or broker is basically to be the matchmaker, bringing people together. When people start to feel confident or comfortable with each other, they may be more willing to make concessions on their original proposal in order to work [Read More]

Doing the Property Flip – Part 2

{3:00 minutes to read} My last blog discussed “flipping” a property, a popular way to invest which allows you to create profit and cash flow in a reasonably short time. We talked about acquiring the property and financing in Part 1 of this series. In Part 2, we are going to touch on two other [Read More]

Doing the Property Flip – Part 1

{4:24 minutes to read} Some people want to buy properties because they want to invest and hold them long-term. Others want to “flip” the property. The purpose of flipping properties is basically to create profit and cash flow in a reasonably short time. The Property The first part of flipping properties is to have the [Read More]

Buy While the Stock Is Low!

{2:24 minutes to read} A number of years ago, I was watching a certain stock that was priced at 5.3. I decided that when it hit 5, I would buy, but it never hit 5. Instead, it began to climb, and within a few years went to 15 and then 16. I learned a good [Read More]

Being A “Mensch”

{2:42 minutes to read} According to Wikipedia, the Yiddish word “Mensch” describes a person of integrity and honor. A mensch is someone you like and admire. They are a person of character and dignity with a good sense of right and wrong. To be called a mensch is to receive the highest compliment. Then there [Read More]

Everybody Needs a Mentor – Do You Have One?

{3:54 minutes to read}  All of us run into problems and challenges whether in our business or personal lives. Sometimes trying to find answers to those problems is difficult. Deciding which of the many paths in front of you to take or which way to go at a crossroads can be overwhelming. At times, facing [Read More]

What Are You Afraid Of?

{2:20 minutes to read} True success is overcoming the fear of being unsuccessful.  – Paul Sweeney Always do what you are afraid to do.  – Ralph Waldo Emerson Only when we are no longer afraid do we begin to live.  -Dorothy Thompson The only thing we have to fear is fear itself.  – Franklin D. [Read More]

If You Stay in, You Never Lose!

{ 1:30 minuets to read} Real estate is an excellent investment, but when investing in real estate, you have to remember that anything can go wrong. You might have a good deal, or end up losing some or even a lot of money. It’s the nature of the deal. You have to be able to [Read More]

Everything Old Is New Again in Crown Heights

[Time to Read:  3.6 mins] I was born, grew up and still live in Crown Heights, Brooklyn. The area was originally called “Crow Hill” due to a succession of hills running east to west, but the name was changed to Crown Heights in 1916 when Crown Street was cut through. Historically, Crown Heights was very [Read More]

Is Your Hard Money Lender A “Loan to Own?”

In a recent article by Karen Freifeld for reuters.com, the Department of Financial Services is looking into 9 “hard money lenders,” to see whether they are intentionally creating hard money loans with terms that might be driving borrowers into default. What are “hard money lenders?”  I asked my friend and colleague, Assaf Ran, CEO of [Read More]

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