Don Konipol

Don Konipol

Don Konipol holds an MBA in Finance from the University of Michigan and a B.S. in Economics from the City University of New York. In 2002 he formed the Managed Mortgage Investment Fund LP as a high yield real estate mortgage fund, and serves in the capacity of General Partner. The fund invests in a diversified portfolio of short term, high interest real estate mortgages secured by investment real estate. Upon receiving his MBA in 1975, Mr. Konipol went to work for Societe General De Survalliance S.A., Geneva, Switzerland in investment banking. He left in 1978 to come back to the United States and went to work as a commercial realtor for First Equity Company in Houston, Texas. In 1984 Don, formed the Investment Realty Group to purchase distressed real estate at auction. Don Konipol has successfully invested in numerous real estate deals, operating businesses, high yield commercial mortgages, and REITs. Currently, Don Konipol, invests his capital and client/investors capital in real estate, real estate debt and real estate securities.

    Don Konipol's Articles

    • Why Most Real Estate Investors Fail

      A. To Reach Their Goals.B. To Produce Adequate Returns for the Amount of Time and Money Invested1. Concentration on Technique (Lease Option, Subject To, Foreclosure, etc.) Rather Than on PropertyMost investors new to real estate get mesmerized by a technique for acquiring control of real property and or a technique for turning a quick profit. These “techniques”, often taught by “gurus” at $5,000 – $10,000 for training, workshops and tapes, emphasize no need for extended time and financial commitment (lease option, subject to) or emphasize quick turn profitability (foreclosures, flips, over financing). These are analogous to the technical or chart…

    • Private Mortgage Loans Provide a Short-Term Financing Alternative

      Private mortgage loans are made by private lenders instead of traditional financing sources such as banks, lending institutions, or government agencies. They usually are short-term (6 months to 3 years) hard money or asset-based loans, and the decision to lend is based on the equity and value of the property being put up as collateral, not on the borrower’s credit.These loans are a source of funding for professional real estate investors who wish to acquire, rehabilitate, or cash out equity of income producing property, and those who otherwise would not qualify for conventional financing. Private mortgages also assist real estate…

    • Passive Real Estate Investments

      Many investors are turned off by real estate because they do not have the time or inclination to become landlords and property managers. Both of which are in fact, a career in themselves. If the investor is a rehabber or wholesaler, real estate becomes more of a business rather than an investment. Many successful real estate “investors” are actually real estate “operators” in the real estate business. Fortunately, there are other ways for passive investors to enjoy many of the secure and inflation proof benefits of real estate investing without the hassle.Limited PartnershipsLimited partnerships are a way to invest in…

    • Passive Real Estate Income Through High-Interest Trust Deeds

      Your tired of hassling with tenants, contractors, leasing agents, brokers and attorneys. You have owned income producing property for the last 20 – 30 years, and you’re ready to leave behind the day to day problems and enjoy life. The kids are on their own and you want to travel at will and spend winters in a warmer climate or summers in a cooler one. You only have one problem; if you sell your real estate holdings and invest the proceeds in CDs, your income will be cut by 80% or more. The stock market looks too high and too…

    • Investing in Real Estate Securities for High Yield

      Direct real estate investing involves ownership of real property. If the property is income producing, such as single family homes, apartments, office buildings, warehouses or retail centers, the investor must be involved in the day to day management of his property. If the property management is out sourced the investor gives up a significant portion of his return to the management company; further the property manager must still be managed and major decisions affecting the property such as repairs, capital improvements, expenditures, market positioning, timing of sales, rent rates etc., must still be made by the investor. If the investor…

    • Investing In Real Estate – Actively or Passively?

      Many investors are turned off by real estate because they do not have the time or inclination to become landlords and property managers, both of which are in fact, a career in themselves. If the investor is a rehabber or wholesaler, real estate becomes more of a business rather than an investment.Many successful real estate “investors” are actually real estate “operators” in the real estate business. Fortunately, there are other ways for passive investors to enjoy many of the secure and inflation proof benefits of real estate investing without the hassle.Active participation in real estate investing has many advantages. Middlemen fees,…

    • Increase Your Income by Offering Private Mortgage Financing

      You’ve spent the last 4 months trying to get your client a mortgage on his investment property. You gathered all his personal, business and real estate financial information, for not only the property you’re trying to finance but for all his business and property interests. You’ve done projections, forecasts and read through 200 page appraisals. You’ve put together a loan package, sent it to numerous commercial mortgage lenders, only to find out each one needed the same information filled out on their particular unique forms. So you’ve spent dozens of hours more transferring the same information to tens of different…

    • How to Buy Real Estate at 50 Cents on the Dollar

      It is a truism in real estate investing that money is made when you purchase; the profit is realized when you sell. The problem for the investor is that everyone is trying to buy at a discount. The competition drives the price of any worthwhile property near or up to full market value. Even so called distress sales; foreclosure, bankruptcy, probate, divorce, can result in competitive bidding.The internet has been a great friend to the seller of property. Fifteen years ago someone with property to sell either had to accept a discount for a quick sale from one of the…

    • Evaluating Passive Real Estate Investments – Beware Hidden Fees

      TICS (Tenants in Common), 1031 exchanges, REITS, Real Estate Mutual Funds, LLCs, Limited Partnerships; the types and number of passive real estate investment opportunities are exploding. And as proclaimed by their sponsors, these investments can offer the benefits of diversification, professional management, access to “A” type properties, and potential high returns as a passive investor. But how does the investor determine which investments merit his attention, and which should be eliminated outright?The first item to evaluate is the issue of fees. The investor needs to determine exactly how much of his investment is going into real estate and how much…

    • 4 Reasons To Use Private Mortgage Loans

      Private Mortgage Loans are loans secured by real estate made by a private lender instead of a bank, lending institution or government agency. Private mortgage loans are short-term (ranging from six months to three years) hard money or asset based loans made to the professional real estate investor for the purchase, rehabilitation or equity cash out of real property.This means that the decision to lend is based on the equity and value of the property being put up as collateral, not on the borrower’s credit. The security for the loan is enhanced because the loan represents a maximum of 65%…

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