Putting Trust Deed Safety Under the Microscope (Part 1)

A friend who used to write for newspapers once did an article on the local options consumers have if they need to borrow money. He was writing a “first person” article and his research took him into a pawnshop. He had a beautiful antique pocket watch that his girlfriend of the time had given him. It had been in her family for many years. It was gold and he figured if he took it into a pawnshop he could use it as collateral for a decent-sized loan. Wrong. The owner of the pawnshop looked it over and offered to loan $25 on the pocket watch. He was stunned and...

Who is the typical trust deed investor? (Part 1)

At Evoque Lending, when we’re asked what kind of investors put their money in trust deeds, we’re tempted to put a fun spin on the answer and say something like, “Smart investors!” But while we believe that savvy investors do see the benefits of trust deed investing, the individuals and organizations we serve are widely varied and deserve to be described in more depth. Now that we’ve broken down trust deed investors into two big groups – individuals and organizations – let’s drill down further. Who Is The Typical Trust Deed Investor? (Part 2) General...

Solving the Mystery of the Missing Economic Growth

If one of our big-time Hollywood script writers penned this story, it would get a name like, “The Case of the Missing Money.” The money in this mystery story isn’t the inheritance of some rich oil tycoon. What is missing is the economic growth our economy should have seen in the first quarter of this year. Experts were expecting almost 2 percent growth, but when the numbers came in, there was essentially no growth. It was such a surprise that the government, according to an Associated Press article, has decided to “review the mystery” of the slow-to-no first...

What To Do If You’re Living in Your Office

Were you the person who wrote that article for the online magazine Salon a few weeks ago? You know, it was the article about the Los Angeles man who was secretly living in his office for almost two years. He called himself “Terry K.” in the article, but he said that wasn’t his real name…although I think when I’m done writing this, I’ll go check the recent applications at Evoque Lending as see if we have any from a guy with the first name of Terry and a last name that starts with the letter “K.” While I don’t think we’ve had Terry come through our doors yet, I...

Who is the typical trust deed investor? (Part 2)

We’ve been covering some of the basic and most important information about investing in trust deeds in recent weeks. We defied what it means to invest in a first trust deed and then we turned our focus on who puts their money in these investments. In our first article answering the “who” question, we discussed private individuals who invest in trust deeds. Today we’ll look at financial professionals and institutions. Wealth managers – Some individuals who either inherit great wealth or build their financial assets on their own would rather not actively...