Victor’s Insider Scoop on Travels to Desolation Sound by Boat …
August 15th, 2009 | top of page

After returning to West Vancouver from New Denver, Elliot and I joined my friend Gerry and his two children on his boat Cheerio and headed out to sea. Our destination: Desolation Sound Provincial Marine Park which most yachtsmen regard as the most beautiful cruising ground in British Columbia, and one of the premier sailing playgrounds in the world. In fact, every other yacht in Desolation Sound was flying the Stars and Continue Reading

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Victor’s Insider Scoop on Travels to Interior British Columbia …
August 1st, 2009 | top of page

I flew to Vancouver with my ten year old son, Elliot, borrowed a friend’s Mazda Miata ragtop, and headed off on a 11 hour, 720 km road trip to New Denver in the Slocan Valley of interior British Columbia. Why New Denver you may ask? In a previous life I worked at the Chateau Lake Louise in Alberta. Many of my friends from the Chateau moved to New Denver after leaving Lake Louise. This was in Continue Reading

Elliot in Convertible Miata

Commercial Investment Real Estate Word of The Week: Estoppel Certificate
July 24th, 2009 | top of page

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Victor’s Insider Scoop: Commercial REOs Starting To Shake Free From Lenders
July 16th, 2009 | top of page

If you are a commercial real estate investor you may remember receiving an email from me several months ago asking you to send me your acquisition criteria for commercial REOs product types you are interested in buying. Unfortunately, my request was a bit premature as lenders were not readily forthcoming with assets they had foreclosed on. That is now beginning to change. I am tracking 70+ lenders in Arizona and am beginning to see more and more Continue Reading

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Commercial Investment Real Estate Word of The Week: Letter of Intent
July 11th, 2009 | top of page

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word - loi

Commercial Investment Real Estate Word of The Week: Gross Lease
July 3rd, 2009 | top of page

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word - gross lease

Victor’s Insider Scoop on Surviving The Recession …
July 1st, 2009 | top of page

We are in a recession and the government is doing crazy things. Is Obama’s bailout working? Each side of The Aisle will have a different opinion on this question. My answer is Maybe but Maybe Not. Would we be better off today if the government had done nothing? Maybe, but maybe not. Neither I nor any expert can say with any certainty. It’s like trying to prove a negative. The one thing you should not be doing Continue Reading

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Victor’s Insider Scoop on The Housing Cycle GPA …
June 1st, 2009 | top of page

I have previously found the insights of John Burns Real Estate Consulting  helpful in understanding the real estate marketplace. Believing that the housing market played a primary role in leading the country into the current recession I also feel that it can be used to help portend the demise of the commercial real estate downturn. More importantly, if you are currently sitting on the sidelines with cash and trying to decide not only when but Continue Reading

Housing Cycle GPA

Victor’s Insider Scoop on Getting A Deal Closed In This Market …
April 1st, 2009 | top of page

To buy or not to buy that is the question. Sellers are remembering the halcyon days of only 18 months ago when they were in the driver’s seat and could pick and choose amongst competing, above–list–price offers from well–qualified buyers. The current marketplace has brokers facing frustrating listing situations when dealing with those same sellers who are now reluctant to budge on their price expectations in the face of current market realities while, in the back of Continue Reading

sold sign

Victor’s Insider Scoop: A Refresher Course on Title Insurance
March 15th, 2009 | top of page

Being an experienced real estate investor you have purchased title insurance on your real property acquisitions. You probably do this reflexively without giving it a second thought. But why do you need title insurance and what really is it? This month’s Insider Scoop comes courtesy of David Miller of Chicago Title. Dave’s extensive experience can guide you through tricky title issues. Reach him at 602.667.1030 or millerds@ctt.com or www.chicagotitle-miller.com. Title insurance plays an important role Continue Reading

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