Institutional Homebuyers Are Back, But Not Buying Distress
Most distressed sales are going to smaller-volume buyers and, increasingly, owner-occupants. Large-volume homebuyers ramped up property acquisitions in the first half of 2021, but these are not your father’s institutional buyers. Unlike a decade ago, [...]
AAPL’s Code of Ethics: Honest, Forthright and Professional
These are the hallmarks to which association members strive. AAPL’s Code of Ethics has several purposes. The Code is well-articulated in the association’s annual conference content, continued education for fund managers and private lenders, and [...]
Non-Real Estate Assets as Security
Personal property assets can be used as collateral when the value of the borrower’s property does not meet a lender’s requirements. Nearly every mortgage broker and lender has dealt with a loan in which the [...]
Proposed Federal Tax Bill Will Devastate Private Lenders, Funds
Update 10-28-2021: We have been notified by our contacts on Capitol Hill that sections 138312 and 138314 have been removed from the new draft of the bill. He expressed surprise that they had been [...]
Townhome Project in Fort Worth’s West 7th District
A development project near the West 7th neighborhood in Fort Worth, Texas, provides much-needed housing inventory in one of DFW’s hottest districts. The DFW area has experienced astounding growth in recent years. Companies like Charles [...]
Why Excel is Killing Your Lending Business
Simple spreadsheets may seem like an easy way to manage your leads, deals, and client data; however, there are better solutions. From the get-go, many private lenders use Microsoft Excel as the software solution for [...]
Inside the Deal
Understanding when to work with certain types of lenders saves project time and money. As a real estate investor for more than 20 years, I have had the pleasure of working with both “private lenders” [...]
Borrowers in Bankruptcy Part 3
Get the most out of the bankruptcy: Know your rights and what you can and can’t do. As part of a series of articles discussing strategies for private lenders to work with bankrupt borrowers, this [...]
Institutional Investors vs. Internal Funds
Understand your options for diversifying capital as your lending business grows. In the private lending space, businesses are built on a foundation of strong relationships. Your borrowers will hopefully be clients for years or even [...]
How Can Private Lenders Help Prevent Borrowers From Getting Scammed?
Each quarter, we ask one of our committees to weigh in on a topic. These broad, open-ended questions allow for a wide range of responses to better explore the full scope of an issue. This [...]
“I’m the CEO, and I Approve This Message”
Before you approve any advertising campaign, make sure it adheres to ethical and legal guidelines. When you hear “attack ad,” you probably think “political ad.” Although mudslinging political ads may be the most recognizable example [...]
The 20% Qualified Business Income Deduction
Here’s AAPL’s position on IRS code, section 199A. The Tax Cuts and Jobs Act enacted Section 199A of the Internal Revenue Code in 2017. This legislation created a 20% tax deduction for qualified business income [...]
A Case for Revising Single Asset Real Estate Bankruptcy Regulation
A borrower’s bankruptcy filing can be one of the biggest headaches lenders face. Bankruptcy protection is designed to give a debtor, whether an individual or a business, a fresh start. Although in some cases bankruptcy [...]
Last Call: What Do You Want to Be When You Grow Up?
Heard of lather, rinse, repeat? In life and business, it’s plan, pivot, adapt. Repeat. If you went back to the day your third-grade teacher asked you what you wanted to be, would you say exactly [...]
Member Spotlight | Saurabh Shah
When asked to tell us about his hobbies, Saurabh Shah, co-founder of InstaLend, told us he loves playing sports and eating ice cream. For a second we thought he said playing sports while eating ice [...]
Member Spotlight | Chris Baggett
When asked what he does for fun, Chris Baggett, Director of Business Development at Essex Financial Services (new members as of July 2021!) will tell you fun is relative, but that he likes to stay [...]
Building Your Profile for Online Marketing Platforms
A well-written company profile on social media platforms and directory websites can help you generate leads. Your company, like most private lending companies, probably has a profile on various directory websites, social media platforms, and [...]
Loan Operations and Insurance
Make sure you have the correct insurance processes and operations in place, so you and your borrowers are fully protected in the wake of a catastrophic event. Let’s face it—insurance is often one of the [...]
AN Appraisal Industry Crossroads Is Impacting Lending
The appraiser shortage is forcing alternative solutions. This year, like never before, we’ve felt the appraiser shortage across America. It’s reached an industry tipping point—and consumers are demanding alternatives. And let’s also throw in a [...]
Don’t Let Relationships Fool You
No matter how well you think you know a person, be sure to perform fact-based due diligence before you make a lending decision. Do you place significant value on your relationships with your best borrowers? [...]
