JW Najarian's Blog – March 2009 Archive (5)

The Art of Cold Calling - How to Love and Look Forward to it.

I hate the term cold calling because it sets you up to believe the call will be hard. There are a couple of things you can do to make sure that, number one, the phone does not become a 1000 pound weight and impossible to pick up.



first when calling a company where you have to go through a receptionist (The GateKeeper) most people try to rush through these people or try sly tricks to get around them. I never do that. Along time ago I used to sell large computer systems and I sold to… Continue

Added by JW Najarian on March 30, 2009 at 1:30pm — 3 Comments

Notes, Bulk REO, Commodities Deals are Very Murky

Lender REO (foreclosed properties): 393 $6.7B

Troubled loans (usually missed at least one payment): 1,453 $38.4B

Potentially troubled loans (difficult to refinance): 3,428 $79.4B

Total: * As of Feb. 24, 2009: 5,274 $124.7B

Source: Real Capital Analytics



If you have been trying to do deals in bulk REO, Oil or other commodities you have come across problems with buyer and seller mandates. I believe that most of the deals out there are crap and that… Continue

Added by JW Najarian on March 18, 2009 at 3:53pm — No Comments

Top 25 Apartment Owners

http://nreionline.com/research/real_estate_top_apartment_owners_0701/



The following is a condensed version of the apartment owners portion of the 2008 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and managers published in NREI's April issue. The companies below are ranked according to the number of apartment units in which they had an ownership interest as of Jan. 1, 2008.



AIMCO

Headquarters:

Denver, CO

CEO: Terry… Continue

Added by JW Najarian on March 18, 2009 at 3:30pm — No Comments

Where’s the Fracken Bottom?

Listening to CNBC, why do I continue to listen and watch this nonsense? They are forever trying to find the indicator that the market is turning around. As the market fell and fell they were all good news on a turn around and then when the inevitable happened they finally said OK we might have a problem as the market is at all time lows and dumping 700 points a day! Only to go back to their rosy outlook the very next day on some news that housing sales may be up 1%. First remember that… Continue

Added by JW Najarian on March 10, 2009 at 9:45am — No Comments

Advertisments on CREPIG

Nobody has asked me about the new advertisments on this site, but I have added a few lately and changed some around.



First you may have noticed this site is free. I am not poor or hurting as bad as some I know, but I can't do this for free. It takes too much time to run something like this.



I need the site to pay for itself. It has not at this point. In order to grow it into something that really delivers great service and functionality I will need to get it to generate a… Continue

Added by JW Najarian on March 5, 2009 at 10:23pm — No Comments

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