Bruce Kellogg

  • Bruce Kellogg has been a Realtor® and investor in California for 44 years. He purchased about 350 investment properties for himself, mostly with high leverage and tax-deferred exchanges. In the process, he made three fortunes, and experienced three real estate downturns since 1980. He has transacted about 550 properties for clients, creating fortunes for several. His book, Real Estate Investing Wisdom, is in publication, and he can be reached at Brucekellogg10@gmail.com or (408) 489-0131.

Understanding Shared-Appreciation Mortgages

Understanding Shared-Appreciation Mortgages

A SAM can offer benefits to both buyers and sellers, especially in markets where prices and interest rates are high. A Shared-Appreciation Mortgage, also known as SAM, is a carryback mortgage in which the purchaser of a home shares a percentage of the appreciation in the home’s value with the ...
Understanding Equity Sharing

Understanding Equity Sharing

| Article | Investment Strategy
One recent model may be in trouble; the other has endured for more than four decades. In simple terms, equity sharing is shared ownership or co-ownership. There are two kinds of shared equity models currently in use. The first is referred to as an equity sharing company. The second model ...
Understanding Land Sale Contracts

Understanding Land Sale Contracts

| Article | Investment Strategy
A land sale contract is a version of the purchase and sale agreement commonly used in real estate transactions, with some important differences. It has been around a long time, probably more than 100 years, but its use increased in the 1970s when institutional lenders began including “due-on-sale” clauses in ...
Rising Rates? Try Seller Financing!

Rising Rates? Try Seller Financing!

The Federal Reserve has been raising interest rates to combat high inflation. As a result, mortgage rates are about to exceed 7%. This has dampened activity in both residential and commercial real estate. Homebuyers and investors need a way to move forward with their purchases, and “seller financing” is a ...
Mastering-Meetups

Mastering Meetups

| Article | Operations
Meetups are one of the most beneficial ways to market your business and to meet like-minded individuals, and there are so many available. From interests like real estate investing to hiking, there are meetups for almost everyone in every city. Organizers post these networking events on meetup.com. To join, go ...
Lead-Generation_Featured

Lead Generation: Sellers

Sellers come in various shapes and sizes. Some simply want to sell, such as a family wanting to move up or down in the same area. Others, however, need to sell, such as an owner facing foreclosure. Then there’s the matter of distress. Some properties are distressed, such as the ...