Because Emergent is in the business of dealing with borrowers of all sorts, we meet real estate entrepreneurs from all backgrounds. We also see deal after deal walk into our office. The question is, if there are so many deals out there and so many entrepreneurs taking advantage of them, why does the system seem to not be working?
Peter Linnemen says, in his paper entitled Some Observations on Real Estate Entrepreneurship;
“All too often, people seek a cookbook approach to
As the industry grows, more and more real estate entrepreneurs are going after the American dream than ever before. The good news is, real estate is one of the most stable industries out there right now.
Statisticbrain.com released some recent statistics on failure rates by industry. In the study they found that the finance/real estate/insurance industry had the highest success rate. To be more precise, they found that 58% of the start-up companies in the finance/real estate
Often, bridge loans or hard money loans, are looked at as an end to a means. Meaning, people don’t usually get theses types of loans because they are interested in building strong relationships with their loan providers. It is usually looked at as a stepping stone in a deal, or something you us on an as needed basis.
This, however is vastly different than what Emergent is trying to do in Chicago. If you explored our company’s ideas, philosophies, and messaging, you find it
We have a large flow of capital coming our way this week. We want to put that capital into deals faster than ever and we want you to be a part of it. Our Chicago network is growing and we’re excited about these new partnerships. Emergent wants to help you succeed. We also want to build long lasting relationships with our network. This is why we focus so much on helping our borrowers get access to the resources they need. From consistent communication from our office on draw d