Blog

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May 8, 2013 | Matt Burk

This week I am preparing for our upcoming Private Lending Summit in Las Vegas starting Sunday evening. (By the way, it...

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May 2, 2013 | Matt Burk

Lately we've spent a lot of time thinking and talking about the subject of capital raising. It was the...

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April 25, 2013 | Matt Burk

At the end of the day, a huge factor to finding success as a private lender for an extended period of time comes down to your ability to “win friends” as Dale Carnegie details in his 1936 book entitled “...

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April 18, 2013 | Matt Burk

Yesterday we (Fairway) produced a webinar at which I presented on the topic of...

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April 4, 2013 | Matt Burk

Around the end of each quarter, my mind turns to the concepts of strategic planning and setting of clear priorities. One of Fairway’s core values (with a nod to an author who has had as much or more influence on my life than any other,...

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March 28, 2013 | Matt Burk

I wrote last time about my belief that Underwriting is the most important function of a Fund Manager. The difficulty of it is primarily that favorable markets cover up bad underwriting decisions for a long...

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March 13, 2013 | Lance Pederson

It is estimated that more than $250 billion will be wagered on the tournament this year which is more than the Super Bowl. Since The real question is, “What is compelling people to put that much money on something they really know...

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March 7, 2013 | Matt Burk

In order to even be in a position to have a mortgage...

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February 28, 2013 | Matt Burk

To my mind, there are five basic functions of a private lending mortgage pool fund manager (or really any...

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February 28, 2013 | Matt Burk

About a week ago, we delivered a webinar called “...

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February 21, 2013 | Matt Burk

I’d like to share a true story about a guy I know who wanted to start his first fund. He was a pretty successful originator of private money loans, doing them one deal with one investor at a time. At first, he just put the deal and the...

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February 18, 2013 | Matt Burk

Having been in the real estate secured private lending space for many years now, I get asked a lot (by both investors and private lenders alike) what I think is better – investing in individual trust deeds or in a mortgage pool fund? We...

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February 14, 2013 | Matt Burk

Every aspect of creating your fund should be a precursor and a buildup to the time when the fund launches and you, as the fund manager, must actually go out and...

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February 6, 2013 | Matt Burk

One concern I hear all the time from private lending business owners about making the move to a fund capital structure is whether or not they can or will make the same amount of money (or preferably more) as they do in their current one...

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January 17, 2013 | Matt Burk

One of the topics that we frequently cover that causes great confusion (or perhaps it is better said that there is a lot of ignorance out there on the topic) is open ended funds vs. closed ended funds. In my experience, many aspiring...

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January 13, 2013 | Matt Burk

As with many issues surrounding a small 506 Reg. D real estate...

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January 10, 2013 | Matt Burk

I’ve had many conversations with private lenders all over the U.S. in the last year. In my direct experience, there are many fears around making the move from funding private money loans one deal at a time (either whole loans with one...

Photo of a Big and Little Fish
January 2, 2013 | Matt Burk

Many people I talk to think that they cannot start a fund because they do not think they can grow it to $20,000,000 or $50,000,000 or $100,000,000. The conventional wisdom is that unless you can achieve a certain size, it doesn’...

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December 12, 2012 | Matt Burk

I just returned last night from Seattle and a visit with my long-time advisor and mentor Ron Huntington to do some 2013 strategic planning and priority setting. It is always a valuable experience to spend a day or two...

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December 5, 2012 | Matt Burk

I often hear from clients “should I start a " title="Link to Information on 506...

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November 29, 2012 | Matt Burk

I am asked all the time by Clients, “...

Photo of Two Paths
November 27, 2012 | Matt Burk

What are the options that are available to the private mortgage lender or small real estate based dealmaker who wants to set up a...

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November 15, 2012 | Matt Burk

In my experience, there are some things a Fund Manager should be great at and spend most of his or her time doing. Then there are other things that can eat a lot of time and do not play to their strengths. Most of these they can either...

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