Bluestone and Hockley Real Estate Services

UPDATED 26-AUG-2011

Cliff Hockley, President, Bluestone & Hockley Real Estate Services was recently quoted in the article titled Apartments hard to come by in Portland, and a little relief on the way by Elliot Njus….[...]

UPDATED: 07-JUL-2009

Bluestone & Hockley Real Estate Services has for a very long time only offered commercial real estate brokerage services. As with most businesses these days, we’ve had to modify our business model and have branched out into the brokerage of select residential properties. For us this means representing Banks and Servicers selling their foreclosed inventory and working with Investors to acquire homes for rentals.[...]

UPDATED: 12-MAY-2009

The biggest challenge for real estate investors right now is access to money to finance or refinance their investments.

This newsletter will summarize financing options for different kinds of property to help clear some of the smoke in the financial air. Bear in mind that we are in a fluid, ever changing market place. [...]

UPDATED: 06-APR-2009

As a real estate investor setting aside a reserve fund is always a good practice. Not only is the economy unpredictable, so are the weather and your tenants. How do we evaluate how much to set aside? Let’s review some of our risks.[...]

UPDATED: 10-MAR-2009

par·a·digm

1. One that serves as a pattern or model.

paradigm \s for investing

As real estate investors our world has changed.

Our paradigm has shifted. Once American Investors were the kings of leverage. 10% percent down, 20 % down, 25 % down were the currency that was used to purchase real estate. [...]

UPDATED: 01-SEP-2006

As baby boomers get older and closer to retirement, and the stock market continues to underperform, many investors have been driven to real estate investing. This demand has created a “boomlet” that has significantly increased the pricing, and thereby the purchase cost, of real estate in many parts of the United States. [...]

UPDATED: 01-AUG-2006

As an owner of investment property your ideal is to not have to worry about your property. You go on vacation, you work overtime, you retire to Bali and your property keeps making money for you. [...]

UPDATED: 01-JUL-2006

For years we have been hearing about the real estate mantra, “location, location, location,” but is that really what drives the success of an investment? I agree with the pundits that you can charge more rent at a better location and potentially have more return. Perhaps your vacancies will turn faster because you have a better location. [...]

UPDATED: 01-JUN-2006

Tom and Irma spent a lifetime buying real estate. By the time they were in their sixties they owned 4 houses, a 30 unit apartment building, three commercial buildings, and had additionally invested with a couple of friends in some real estate partnerships. [...]

UPDATED: 01-MAY-2006

Increased interest rates have created an interesting dilemma for the potential real estate investor — especially in the area of apartment investments. Is now the time to buy, or not? [...]

UPDATED: 01-APR-2006

The times are a changing. Landlords have gone through a three-year period of not being able to increase rents as their expenses have been increasing and their cash flow has been decreasing. The demand by investors for apartment properties has been supercharged. While interest rates were low and the demand from condo converters was high, sellers were able to sell their properties for significantly increased prices and low CAP rates. In our market CAP (capitalization) rates have plummeted from 8% to 6.5% over the past four years as prices have increased. [...]

UPDATED: 01-MAR-2006

What is it that you might not know about American demographics that would affect your decision about when and where to invest in real estate? [...]

UPDATED: 01-DEC-2005

Every day investors ask me to look at potential real estate investments to help them evaluate the quality of the investment decision. [...]

UPDATED: 01-AUG-2005

Often real estate brokers are faced with deals that do not come together. Owners of real estate properties are not too happy when that happens. With this article I thought I would discuss some of the reasons commercial lease transactions might not close, and suggest possible strategies to help increase the closing percentage. [...]

UPDATED: 01-JUL-2005

Welcome to Central Oregon — Lake County to be exact. I am gazing out the window of my cabin overlooking Summer Lake, one of the most beautiful places in Oregon. This is a county of deserts, forests, rangeland, lakes and cowboys. [...]

UPDATED: 01-JUN-2005

I just returned from a meeting in the wonderful town of Coeur D’Alene, Idaho.

Twice a year I have an opportunity to meet with other well-established real estate brokers and property managers to discuss the future of real estate investments. This time we discussed Capitalization Rates (CAP). [...]

UPDATED: 01-APR-2005

You may think that investing in real estate is simple, but you first must decide what your investment objectives are. This is equally important for sole owners of real estate, those investing in Tenant in Common investments (TICs), or those with limited or general real estate partnerships. [...]

UPDATED: 01-AUG-2009

All renters expect basic levels of livability and habitability in their homes or apartments. It is the challenge and the responsibility of the landlord to address these fundamental needs. [...]

UPDATED: 01-JUL-2009

With over 1,000,000 attorneys and over 150 law schools graduating attorneys each year, the average American is well represented (ABA web site data). According to the “Power of Attorneys” website, a survey conducted by the American Bar Association in the 1970s revealed that 70% of Americans not only did not have an attorney, but they also did not know how to find one. That is not the case today. [...]

UPDATED: 01-JUN-2009

Real estate partnerships have been around since the cave man’s days. This is because people have learned to pool their resources in order to reduce their risk and increase their leverage. Pooling resources enables them to have a larger down payment, stronger financial statements, or greater experience. [...]

UPDATED: 01-APR-2009

The purchasing craze of the baby boomers is on. They are buying every stick of real estate in sight. As corporate pensions vanish, social security evaporates/extends to age 70, and the stock market delivers inconsistent returns, baby boomers have increasingly turned to real estate as their retirement vehicle. Real estate investment brokers cannot currently get their hands on sufficient inventory to satisfy them, and competition has reduced returns for investors. [...]

UPDATED: 01-FEB-2004

On September 23, 2001 President Bush implemented Executive Order 13224 which gave the government, specific authorization to impede terrorist funding by disrupting and blocking the assets of foreign nationals and entities that “commit or pose a significant risk of committing acts of terrorism.” [...]

UPDATED: 01-NOV-2003

Last night I was reviewing income and expense analysis reports for three different properties, and once again I realized how hard it is for the average investor to make heads or tails of the information. [...]

UPDATED: 01-SEP-2003

Real estate has always been one of the opportunities where investors have placed their money for the last thousand years. There have always been investment opportunities for money-lenders (a.k.a. banks) of all kinds, but real estate has been one of those investments which includes your home, and this is where the story starts. [...]

UPDATED: 01-MAR-2003

It was just this fall when the rain storms hit that I was again reminded how important it is to keep your roofing maintained. As a matter of course we inspect all roofs at least twice a year, but recently we ran into a major leaking problem with a new commercial tenant. [...]

UPDATED: 01-OCT-2002

Morris was 55 years old and had carefully invested for his retirement. He kept record of all of his investments. After 20 years he decided to review his progress. He had invested in the stock market, but always envied those that had real estate investments and kept thinking, “does it make sense for me to be investing in real estate?”[...]

UPDATED: 01-AUG-2002

Just yesterday I was meeting with a client, trying to help her make the right decision about the timing of the sale of her real estate investment. Her 20-unit apartment property is located close to a major shopping center and freeway arterials.[...]

UPDATED: 01-JULY-2002

King Markus was brooding in his castle. He was broke once again. He turned to his wife, Queen Aminah.

“I was thinking about adding a couple of rooms to our castle, but once again our treasury lies bare. I hate borrowing from the moneylenders, and the citizens are already too taxed. One more tax will result in a revolt. That’s what happened to King Phillip in the neighboring kingdom.”[...]