Dike Drummond MD
  • Male
  • Mount Vernon, WA
  • United States
  • Seattle area, WA

Dike Drummond MD's Friends

  • David D. Repka
  • Dedra Allen
  • M.J. Glover
  • Frank W. Lawson
  • Ron Breitenbach
  • Billy Clausen
  • Roberto Padilla
  • Sossi Crilly, Crepig Adviser
  • JW Najarian

Dike Drummond MD's Discussions

The Commercial Investor

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Dike Drummond MD's Page

Profile Information

Location (City, State) (Province, Country)
Seattle area, WA
A Bit About Me
Host of the Wellspring Investment Network and Investortours University. Seasoned Residential and Commercial Investor and Equity Recruiter.
Which Best Describes You? (Pick All That Apply)
Large Investor =>100K, Project Funding Facilitator, Open Networker, Other (see below)
What Do You Need
Solid deals from solid sponsors to present to my network
What Do You Offer
Coaching on project and investment structure and recruiting equity
Website URL
LinkedIn, Twitter, Facebook, Skype Address

Dike Drummond MD's Blog

Buy at a 75% Discount and Lock in a 25% Profit Guarantee

How would you like to set up a situation where you can buy finished builiding lots at 25 cents on the dollar - in a short sale directly from the lender.

And walk away from the closing table with a purchase contract for every lot from the 2nd largest builder in the area that guarantees you a minimum of a 25% ROI.…


Posted on November 15, 2010 at 4:30pm

Is Multifamily Stabilizing?

We are all waiting for spring … when all things are born anew!

AND before you can get green shoots like these in the commercial real estate markets … the first step is the market fundamentals have to stabilize. At some point rent and occupancy simply must stop falling and enter the category of “No Change” as the analysts in our industry survey the national markets. Only then can the… Continue

Posted on January 21, 2010 at 11:40am

24% “Double Secured” Prom Notes

Even though the Commercial Property markets are experiencing the lowest transaction volumes in a lifetime … there are a number of very active niche market segments … areas where developers are seeing a different group of once in a lifetime numbers … this time it is unheard of low prices on land acquisitions.

Here’s were you can profit handsomely providing cash to developers in need … while the traditional commercial lending sources are busy licking their wounds. And not just any… Continue

Posted on January 12, 2010 at 10:28am

Gross Rent Multiplier: The Rubber Chicken of Commercial Property Analysis

Now a Rubber Chicken is pretty useless … except as a practical Joke. Let’s take a look at the most useless number in Commercial Real Estate.

The Gross Rent Multiplier - the Rubber Chicken of Commercial Property Value Indicators.

The Gross Red Multiplier (GRM) is a number you will see on every Broker’s pro forma. And it is touted as a measurement of the “Property’s Value”. If anyone out there really sets a property’s value based on GRM … I have to wonder what… Continue

Posted on January 5, 2010 at 12:30pm — 3 Comments

The "Pay or Go Calculator" - to Default or not to Default, that is the question

Here is another sign of the times with regards to the concept of the “Strategic Default”. If you are underwater on your mortgage it would appear the lawyers are lining up to “help”.

I just ran into this website with it’s “Pay or Go” calculator. http://payorgo.com/

You plug in your numbers on what you owe and what you pay and it will tell you whether you should keep Paying or Go … walk away and trigger your “Strategic… Continue

Posted on December 22, 2009 at 9:49am

Comment Wall (2 comments)

You need to be a member of COMMERCIAL REAL ESTATE PROFESSIONALS & INVESTORS GROUP to add comments!


At 2:07pm on May 3, 2010, Frank W. Lawson said…
Hi Dike I sent you a request awhile ago I hope you will accept and we can do some business together soon.

Thank you
At 2:46pm on May 18, 2009, Sossi Crilly, Crepig Adviser said…
Welcome aboard. Hope you benefit from this site.

"Early Adopter Upside with 90% Downside Protection" Sale is now live with up to 6X bonuses


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