Monday, June 24, 2013
The beginning.....
I thought we would start our first blog from our start, with the beginning of how the idea of Mogul Launcher was birthed. Giving the background to our story, I hope will provide an insight of what we are trying to accomplish.
Growing up, my father was a real estate agent turned real estate investor. As a 5 year old, most of my weekends were spent with him driving around and working on his properties . I got paid $1 a day. (Hey, that was a lot of money for a 5 year old) I learned a lot about tools and maintaining properties as the years whizzed by. I learned how to unplug tubs,sinks and toilets. I fixed leaks including roofs, built walls and dug ditches. (Fun stuff, I know)
When i was 18 years old, fresh out of High school and in college, my dad got real sick and was bed ridden. He brought me into his room and asked if I could help him with his properties until he got well. So I did what any good son would do when their dad needs help. I quit my job and school and started working for him full time. I continued to learn about the real estate business and now from a managerial point of view. (I still unplugged tubs and toilets though)
About 7 years ago I ventured on my own. Owning investment property for the past 7 years, we all know that you run into challenges along the way. It's not as glamorous as people want to make it out to be. As a property investor/owner, I would scour various websites to look for properties, local market news, regional analysis and vendors to help me manage and maintain my investments. A lot of these websites either didn't provide me the information I was looking for or led me down rabbit holes that I deemed useless. In addition, there was one well-known commercial real estate website that charged an arm and a leg to view it's properties and didn't provide much more then that. They were the only real estate site around. We had no other choices.
So, out of this frustration, I came up with the idea of Mogul Launcher. Mogul Launcher not only brings all of this pertinent information to one site, it's a real estate hub. It's a market-place where those interested in real estate investment will be able to utilize our site to assist them with their real estate needs.
We are a company of 5. We are excited about providing Mogul Launcher as a tool for real estate investors. We have completed phase 1 of our site and as we receive feedback, we are trying to button up some loose ends. It is definitely the bare bones of what we envision for Mogul Launcher. We are proud of how it has come out and are excited to get this company off the ground. Our next 3 phases are planned out and ready to go. We are currently looking for funds to get these phases rolled out and will keep you updated as to how we are progressing. We hope you will join us as we build this company into a service that will be helpful in your real estate endeavors.
Happy Hunting!
James
Tuesday, June 18, 2013
New Direction
In the past we have written or posted articles concerning California real estate. We have decided today, June 18th 2013 to go in a new direction with regards to the Mogul Launcher blog. We want to use this platform to bring you into the inner workings of our company. We want to let you in behind the ML curtain, our challenges, successes, failures and new updates. So, we hope you enjoy our blogpost as we move from our start-up phase to wherever our company goes. So, join us as we venture out and build this company to serve the real estate investors here in California.
Happy Hunting,
The Mogul Launcher Team
Tuesday, July 17, 2012
The commercial real estate market has shown steady signs of improvement in recent months, as the regions hardest hit by the recent financial crisis are finding ways to decrease vacancies. As a result, commercial real estate loans will likely experience a similar bounce-back in the coming months.
Allen Matkins and UCLA Anderson recently announced the joint California Commercial Real Estate Survey, which revealed increased optimism in the market.
"Since the end of the recession we have seen developer optimism spread to all markets and types of commercial space along with an increased willingness to go forward with new development," UCLA Anderson Forecast Senior Economist Jerry Nickelsburg explained.
The two organizations noted that high optimism in the commercial office space development sector over the past few years did not necessarily lead to tangible growth, though the survey indicated those sentiments will now bolster construction of new real estate.
If you are looking to obtain a commercial real estate loan and want to ensure your loan application process yields positive results, consider using a service like Boefly. With its advanced algorithms, the firm will put you in contact with thousands of lenders through just one loan application, ensuring your eventual match is the best fit.
The survey found 70 percent of respondents intend to begin developments in locales such as San Francisco and Los Angeles within the next year. Additionally, much of the optimism in the industrial real estate market seems to be the result of strong occupancy rates of 96 percent in Orange County and Los Angeles.
"This growth in multi-family housing is encouraging. It is in markets where there have been substantial job gains – especially for younger workers who prefer to rent apartments in urban areas – and where property values are high," John Tipton, partner at Allen Matkins, said.
Thursday, March 31, 2011
Southern California Real Estate Market Forecast
Spurred by government aid, the Southern California housing market is starting to stabilize and find the bottom. Homeowners were granted a $10,000 state tax credit if they are to purchase a property after May 1, 2010. This helped add some incentive to offer more purchasing in an economy that has not witnessed home prices as low as they are currently since 2003. With that credit expiring at the end of last year, 2011 started with limited buyers but now “purchases in process” are at the highest purchasing yet. There has been a glimpse of optimism around the market recently, much of this based on the increase in pending sales. Just recently in the past months the amount of residential and commercial properties that are “pending sale” to a new buyer has increased almost 25%.
There was some loss after the expiration of homebuyers credit, home sales in the state should continue on a stronger pace due to the recent addition and signing of california based tax programs, but that doesn’t mean they’ll be steady. Scared mortgage rates and unpleasant property sales are advised to endorse a comeback in the state’s markets.
Home sales have improved over the last two years, but still have a long and winding road to get through the tough economic environment. Orange County still has to compensate from costly unemployment, the most demanding element in a housing market revival since unemployed workers don’t certify to acquire homes. There’s no other counties or cities that has experianced so many lossess and financial crisis from the foreclosure disaster as the greater Los Angeles area. But an improving trend in home sales with the help of lower priced distressed properties has helped the area. Another round of lower priced foreclosed homes is beginning to hit the market, and that should aid in the Southland’s recovery with the statewide tax credit.
In commercial sales we are seeing a little reawakening on the small enterprise side and a lot of refinancing happening with the big industrial sectors. Most of this a dance of economics and irregular day by day, we’re not seeing too steady of profit anywhere in particular. The next year should hopefully see big gains in the industrial financial markets but without more development, southern california will be a bit stagnant and not suitable for investors too soon.
throughout the rest of this year, we are believing to see stability coming into the market with the higher purchase power we are seeing consumers having. This will enable more buyers to enter the market, helping to support home prices and better mortgage rates. By those actions occuring there will be an improving financial structure to supply individuals with more loans, equity, and confidance. This has always shown to be a major contributing factor to spurring on improvements throughout all of our economy, real estate is a major back bone to many business industries. If we see this forecasting come through then it will set the foundations for a better and more economically stable Orange County in 2012.
There was some loss after the expiration of homebuyers credit, home sales in the state should continue on a stronger pace due to the recent addition and signing of california based tax programs, but that doesn’t mean they’ll be steady. Scared mortgage rates and unpleasant property sales are advised to endorse a comeback in the state’s markets.
Home sales have improved over the last two years, but still have a long and winding road to get through the tough economic environment. Orange County still has to compensate from costly unemployment, the most demanding element in a housing market revival since unemployed workers don’t certify to acquire homes. There’s no other counties or cities that has experianced so many lossess and financial crisis from the foreclosure disaster as the greater Los Angeles area. But an improving trend in home sales with the help of lower priced distressed properties has helped the area. Another round of lower priced foreclosed homes is beginning to hit the market, and that should aid in the Southland’s recovery with the statewide tax credit.
In commercial sales we are seeing a little reawakening on the small enterprise side and a lot of refinancing happening with the big industrial sectors. Most of this a dance of economics and irregular day by day, we’re not seeing too steady of profit anywhere in particular. The next year should hopefully see big gains in the industrial financial markets but without more development, southern california will be a bit stagnant and not suitable for investors too soon.
throughout the rest of this year, we are believing to see stability coming into the market with the higher purchase power we are seeing consumers having. This will enable more buyers to enter the market, helping to support home prices and better mortgage rates. By those actions occuring there will be an improving financial structure to supply individuals with more loans, equity, and confidance. This has always shown to be a major contributing factor to spurring on improvements throughout all of our economy, real estate is a major back bone to many business industries. If we see this forecasting come through then it will set the foundations for a better and more economically stable Orange County in 2012.
Thursday, December 30, 2010
Real Estate Investing For Newbies
Everyone is aware that investing in property can make you rich in no time. If you know what to do and you play your cards proper, your investment can quickly develop into a winner.
Like any other company, it entails a particular diploma of risk, and that danger will get greater if you don't really know what you're accomplishing, due to the fact as you can win, you can also loose really a bit of dollars if you make lousy investments, specially in the beginning of your company improvement.
However, if you are a newbie in the company you really should not be as well apprehensive, due to the fact all you need to do is get all the info you require earlier than truly producing an investment and generally preserve up-to-date with the novelties in the discipline.For far more information about "investing for beginners", you ought to pay a visit to: investing for beginners
If you are actually fascinating in investing, a single of the issues you could think about in order to get you started off is a actual estate investing plan or a actual estate investing seminar, due to the fact you can get all the facts you want there.
The most critical items you have to know about is the latest legislation; you have to know all the laws and regulations that have any connection to your filed of activity, in order to avert any threat when starting up an investment.
As soon as you've received all the legal facts you require, you have to examine it meticulously, simply because you need to steer clear of any chance introduced to your investment out of mere ignorance. Understanding the legal frame of the investment is not at all as challenging as you may well believe (following all, so several individuals are carrying out it), but you do need to be careful and entirely understand all the implications it has.
When you can transfer on to the following step, you want to get data about the existing industry selling price of the property you are thinking of to buy. You must not just ask the seller and get his word for it, since his curiosity is to get the greatest price tag doable.
Rather, you ought to ask an evaluator or make your very own assessment, ask about the rates in that location and other information that may aid you get a clear thought of what the value of the house genuinely is.
If you are nicely knowledgeable on the real latest marketplace worth, you stand a significantly greater opportunity of scoring a deal. You can commence negotiating with the seller in order to acquire a excellent price tag. Keep in mind that the crucial to any negotiation is to know much more than the seller, due to the fact that will assure you finding a bargain and that is the essence of a excellent actual estate investment.
Like any other company, it entails a particular diploma of risk, and that danger will get greater if you don't really know what you're accomplishing, due to the fact as you can win, you can also loose really a bit of dollars if you make lousy investments, specially in the beginning of your company improvement.
However, if you are a newbie in the company you really should not be as well apprehensive, due to the fact all you need to do is get all the info you require earlier than truly producing an investment and generally preserve up-to-date with the novelties in the discipline.For far more information about "investing for beginners", you ought to pay a visit to: investing for beginners
If you are actually fascinating in investing, a single of the issues you could think about in order to get you started off is a actual estate investing plan or a actual estate investing seminar, due to the fact you can get all the facts you want there.
The most critical items you have to know about is the latest legislation; you have to know all the laws and regulations that have any connection to your filed of activity, in order to avert any threat when starting up an investment.
As soon as you've received all the legal facts you require, you have to examine it meticulously, simply because you need to steer clear of any chance introduced to your investment out of mere ignorance. Understanding the legal frame of the investment is not at all as challenging as you may well believe (following all, so several individuals are carrying out it), but you do need to be careful and entirely understand all the implications it has.
When you can transfer on to the following step, you want to get data about the existing industry selling price of the property you are thinking of to buy. You must not just ask the seller and get his word for it, since his curiosity is to get the greatest price tag doable.
Rather, you ought to ask an evaluator or make your very own assessment, ask about the rates in that location and other information that may aid you get a clear thought of what the value of the house genuinely is.
If you are nicely knowledgeable on the real latest marketplace worth, you stand a significantly greater opportunity of scoring a deal. You can commence negotiating with the seller in order to acquire a excellent price tag. Keep in mind that the crucial to any negotiation is to know much more than the seller, due to the fact that will assure you finding a bargain and that is the essence of a excellent actual estate investment.
Tuesday, October 12, 2010
Real Estate Jargon/EDU
The main reason and focus of Mogul Launcher is to benefit and educate investors of all types in purchasing real estate. Commercial Real Estate Investment is a new area for many real estate investors. In an effort to assist those who are not familiar with real estate jargon, this article is meant for you. Below is an alphabetical list of terms used in this field.
Anchored tenants: large national brand tenants such as Albertsons, Longs Drug, Walmart, who bring a lot of traffic in the middle of the shopping cart.
CAM: Maintenance Area. Common fees associated with CAM CAM. For NNN leases, see CAM-term rates, tenants pay rent money to cover propertyTaxes, insurance and maintenance.
Cap Rate: The return of investment in the first year after purchase. Capitalization rate is the ratio of 1 Years operating income for the purchase price. The higher the cap, the higher the rental income. For people who invest in the stock market, the maximum rate is the reciprocal of P E.
Cash On Cash: APR return of your deposit without detection. First year cash flow from your original down dividedPayment.
Conduit loan: as Commercial Mortgage Backed Securities (CMBS) loans, often at lower cost than traditional commercial loans, but in a high prepayment penalty (the so-called sale of a penalty or yield maintenance) or no flexibility in payment.
CPD: car per day or volume of traffic on a road.
CPI. Consumer Price Index is often used to compensate for inflation to calculate the annual rent increase.
Due Diligence Period:the period after the decline of 15-30 days for buyers to verify ownership. The buyer may cancel the contract at that time and for any reason and receive a full refund of the deposit.
estoppel certificate: a letter signed by the lessee provided and confirms the terms and conditions of the current lease.
Full-service leasing: leasing, in which tenants pay rent, utilities, includes all-inclusive.
Gross Income: annual income firstCosts.
Gross lease: the tenant lease to pay rent. The owner pays, insurance fees and maintenance.
Total: Gross Lease able area or gross lettable area. This is the space that can be hired and receive rental income. Not included are facilities for services, elevator, etc.
GRM: Gross Rent Multiplier for apartment. Ratio between purchase price and annual income.
LLC: limited liability company. A legal person established in many investors toown commercial real estate.
LOI: Letter of intent / interest or commitment letter is not normally the property, an offer to buy a business.
May reviewer: Member Appraisal Institute accountants.
Master Lease: Lease signed by the seller to rent space to ensure clear offer for rent.
Mixed Use: retail commercial real estate with the first floor and apartments upstairs.
Triple Net (NNN) Lease: Lease intenants to pay the basic fee plus tax on rental property, insurance and CAM. Absolute NNN NNN lease rental agreement that tenants also pay for property management.
NOI: net operating income. annual income, after all costs (taxes, ins., & Maintenance) other than the payment of the loan.
Hall: Stand-alone building in a strategic position in a large shopping center.
Pass Through: see refund.
Percentage lease: Leasing, in which tenant pays rent based moreShare of income of the tenant.
Phase I Report on the inspection report is an assessment that the contamination of the soil / environment. It is usually required by the lender as part of the process of loan approval for a commercial property.
Phase II report: Report of inspection to soil, groundwater, surface surveys. This control is more complete, including testing to see if there is a pollution of soil and water.
Pro-forma net income: potential, iehigher income when the property is 100% leased.
Proforma Cap Rate: maximum potential rate of adoption is 100% leased property for rent to the market.
Repayment: The amount of the fee for insurance and property taxes CAM, the tenant must pay a basic fee, the owner of the next.
Guaranteed rent: rooms for rent paid by the seller to the buyer for the vacant until it rented.
SBA loans: the government guaranteed loans for home ownership.
SNDA:Subordination, non-interference Attornment. This is an agreement pursuant to the agreement signed by the tenants banks: the lender of a new bond in the position, as landlord in the case of exclusion, tenant rent as valid as long as it is not in default.
TIC: Tenants in common. One way for small / self-directed IRA investors own a share of ownership of high quality as tenants in common.
Anchored tenants: large national brand tenants such as Albertsons, Longs Drug, Walmart, who bring a lot of traffic in the middle of the shopping cart.
CAM: Maintenance Area. Common fees associated with CAM CAM. For NNN leases, see CAM-term rates, tenants pay rent money to cover propertyTaxes, insurance and maintenance.
Cap Rate: The return of investment in the first year after purchase. Capitalization rate is the ratio of 1 Years operating income for the purchase price. The higher the cap, the higher the rental income. For people who invest in the stock market, the maximum rate is the reciprocal of P E.
Cash On Cash: APR return of your deposit without detection. First year cash flow from your original down dividedPayment.
Conduit loan: as Commercial Mortgage Backed Securities (CMBS) loans, often at lower cost than traditional commercial loans, but in a high prepayment penalty (the so-called sale of a penalty or yield maintenance) or no flexibility in payment.
CPD: car per day or volume of traffic on a road.
CPI. Consumer Price Index is often used to compensate for inflation to calculate the annual rent increase.
Due Diligence Period:the period after the decline of 15-30 days for buyers to verify ownership. The buyer may cancel the contract at that time and for any reason and receive a full refund of the deposit.
estoppel certificate: a letter signed by the lessee provided and confirms the terms and conditions of the current lease.
Full-service leasing: leasing, in which tenants pay rent, utilities, includes all-inclusive.
Gross Income: annual income firstCosts.
Gross lease: the tenant lease to pay rent. The owner pays, insurance fees and maintenance.
Total: Gross Lease able area or gross lettable area. This is the space that can be hired and receive rental income. Not included are facilities for services, elevator, etc.
GRM: Gross Rent Multiplier for apartment. Ratio between purchase price and annual income.
LLC: limited liability company. A legal person established in many investors toown commercial real estate.
LOI: Letter of intent / interest or commitment letter is not normally the property, an offer to buy a business.
May reviewer: Member Appraisal Institute accountants.
Master Lease: Lease signed by the seller to rent space to ensure clear offer for rent.
Mixed Use: retail commercial real estate with the first floor and apartments upstairs.
Triple Net (NNN) Lease: Lease intenants to pay the basic fee plus tax on rental property, insurance and CAM. Absolute NNN NNN lease rental agreement that tenants also pay for property management.
NOI: net operating income. annual income, after all costs (taxes, ins., & Maintenance) other than the payment of the loan.
Hall: Stand-alone building in a strategic position in a large shopping center.
Pass Through: see refund.
Percentage lease: Leasing, in which tenant pays rent based moreShare of income of the tenant.
Phase I Report on the inspection report is an assessment that the contamination of the soil / environment. It is usually required by the lender as part of the process of loan approval for a commercial property.
Phase II report: Report of inspection to soil, groundwater, surface surveys. This control is more complete, including testing to see if there is a pollution of soil and water.
Pro-forma net income: potential, iehigher income when the property is 100% leased.
Proforma Cap Rate: maximum potential rate of adoption is 100% leased property for rent to the market.
Repayment: The amount of the fee for insurance and property taxes CAM, the tenant must pay a basic fee, the owner of the next.
Guaranteed rent: rooms for rent paid by the seller to the buyer for the vacant until it rented.
SBA loans: the government guaranteed loans for home ownership.
SNDA:Subordination, non-interference Attornment. This is an agreement pursuant to the agreement signed by the tenants banks: the lender of a new bond in the position, as landlord in the case of exclusion, tenant rent as valid as long as it is not in default.
TIC: Tenants in common. One way for small / self-directed IRA investors own a share of ownership of high quality as tenants in common.
Monday, October 4, 2010
Making An Investment In California Real Estate
If you are thinking about making a real estate investment, you should consider California real estate. The real estate scenario in California is in a real boost now, with so many people willing to buy properties in the region. California homes for sale are one of the most in demand properties – these properties are demanded by not only the local residents but by those people also who are looking forward to rent these properties during their stay in California.
Thus, as a real estate investor one of the wisest decisions would be to buy any property and rent it out to tourists or other people and then sell it off later on. If you rent it out to tourists you will have a steady income while if you choose to sell if off, you will be able to make some good money, because these properties are going to have a boost in their values soon.
Here are some more reasons why making an investment in California real estate is considered to be a wise decision now.
Property values on the rise: Recent statistics have revealed that property values in California are appreciating. You might choose any kind of property; you will find that its value is on the rise. Thus, suppose you make an investment now and you sell if off in a few years, you are sure to make some quick profits. Moreover, if you wish to ensure that you make profits, you should make an investment in Southern California realty. The property values in this place are on a high like never before.
Rent out California real estate: Suppose you choose to buy a property now but at present you do wish to stay there. In such a case, you just need to rent out such a property to students, professionals and tourists. In such a case, you will be able to get a steady income every month. Thus, this is said to be a great idea for those who are looking for an increase in their monthly income.
Use it as your holiday home: If you do not stay in California but love to stay there during your holidays, you can purchase a California real estate and use it as your holiday home. You will be staying there during your holidays – you do not have to rent any additional place and pay hefty amount as bills. Moreover, your friends and relatives will also be able to enjoy the place anytime they wish. If you wish to buy any property as your holiday home, it is best to choose San Clemente real estate. This is the best place in terms of location, entertainment, convenience and comfort.
Prices of property affordable: Southern California realty is considered to be one of the most affordable properties of the region. You can choose between luxury homes, condos, apartments, cottages and villas – you will find that all properties are affordable and are the true value for the money you choose to spend on them.
Thus, as a real estate investor one of the wisest decisions would be to buy any property and rent it out to tourists or other people and then sell it off later on. If you rent it out to tourists you will have a steady income while if you choose to sell if off, you will be able to make some good money, because these properties are going to have a boost in their values soon.
Here are some more reasons why making an investment in California real estate is considered to be a wise decision now.
Property values on the rise: Recent statistics have revealed that property values in California are appreciating. You might choose any kind of property; you will find that its value is on the rise. Thus, suppose you make an investment now and you sell if off in a few years, you are sure to make some quick profits. Moreover, if you wish to ensure that you make profits, you should make an investment in Southern California realty. The property values in this place are on a high like never before.
Rent out California real estate: Suppose you choose to buy a property now but at present you do wish to stay there. In such a case, you just need to rent out such a property to students, professionals and tourists. In such a case, you will be able to get a steady income every month. Thus, this is said to be a great idea for those who are looking for an increase in their monthly income.
Use it as your holiday home: If you do not stay in California but love to stay there during your holidays, you can purchase a California real estate and use it as your holiday home. You will be staying there during your holidays – you do not have to rent any additional place and pay hefty amount as bills. Moreover, your friends and relatives will also be able to enjoy the place anytime they wish. If you wish to buy any property as your holiday home, it is best to choose San Clemente real estate. This is the best place in terms of location, entertainment, convenience and comfort.
Prices of property affordable: Southern California realty is considered to be one of the most affordable properties of the region. You can choose between luxury homes, condos, apartments, cottages and villas – you will find that all properties are affordable and are the true value for the money you choose to spend on them.
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