November 2010
4 posts
Adversity or Adventure-what's it going to be?
Who gave you the best piece of life advice and what was it? “My father-in-law, a successful German Chicago businessman, attorney, accountant, developer and author. He once asked me: ‘What’s it going to be today, adversity or adventure?’ “As a young man, I was struggling to overcome a situation that was so stressful at times that I was unable to work. My father-in-law’s advice of choosing each...
Look Closely at Real Estate Partnership Agreements
Many investors didn’t know what a “capital call” was just a few years ago, but today they’re pretty common with real estate investments and have become the source of numerous partnership arguments and break-ups.
A capital call occurs when a property investment, like a retail strip center, runs short of operating capital sufficient to cover all of its obligations. How can...
