I've noticed signs of growing exuberance from other fund managers and private
equity guys about the next few years.
If knowing where we are in the market cycle is the most important thing (and not everyone agrees, see the comments from one of my private
equity guys about that under part I here) then the best solution is probably to chart the cycles for the markets we're investing in ourselves.
Not exact matches
Christopher Whalen: That's what I've been wondering
about is to imagine the reissuance of
equity that was bought in by these
guys as they desperately try and pay off this debt.
We selected a
guy who suggested that a 14 % return on our investments was quite doable if we socked away
about 80 % of our cash in
equity mutual funds.
And obviously we're not going to talk
about this
guy's specific situation cause we're not going to mention his name or anything, but when you mention
equity in his house, what kind of dollars were we talking
about there?
Big Heart was owned by private -
equity investors, and these
guys were looking to cash out with reportedly double their money after just
about four years of ownership.
Clifford Chance corporate head
Guy Norman and private
equity head Jonny Myers talk to Legal Week
about restructuring the German corporate practice and explain how the firm's global private
equity team can compete with US rivals following a string of exits.
All the metrics us investment
guys like to talk
about so much — your returns on investment,
equity positions or positive cashflows won't matter at all if they don't get you over the finish line.
Yes, it does require a little more paper work with the FHA, need to have the 203K Consultant involved and handle inspections / appraisals and such, but the fact that I can get into a property, have up to 6 months of mortgage payments included in the cost of the loan so that we don't have to worry
about double rent / mortgage payments, rehab my primary residence the way we like it, save a 1930 - 1940's era farm house, and then refi into a conventional cash out mortgage later on and use that
equity to go buy rental properties... nice way to get started, without having to put up a lot of cash or live next to tenants / in town (I'm a RURAL kinda
guy).
All the metrics us investment
guys like to talk
about so much — your returns on investment,
equity positions or positive -LSB-...]