Archive for the ‘real estate business planning’ Category

Calpers finally gets it..

January 29, 2011

The wall street journal has an article about CALPERS changing thier real estate strategy.   From real estate private equity to CASHFLOW.

http://online.wsj.com/article/SB10001424052748704013604576104470130722678.html

Do you have some cashflow in your portfolio?   There certainly is a place for some flips, rehabs, etc but cashflow is where you make money long term in real estate.   Do you need to discuss your real estate goals with a professional real estate investor?   Call me…(512) 782-8982 or email me.

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1 in 12 live in TEXAS!

January 28, 2011

One of 12 Americans lives in Texas (and other 2010 census findings)

By San Antonio Express-News

Read more: http://www.beaumontenterprise.com/default/article/One-of-12-Americans-lives-in-Texas-and-other-965303.php#ixzz1CGh7udiH

I really like the part about the cheap air conditioning!   Especially in summer!   I dont like the part about the budget deficit that Texas faces.
Overall, the article provides some evidence that supports my reasoning for real estate investment in Texas.   Do you have a real estate quesiton?   Need a real estate consultant?   Need real estate expert testimony?   Are you ready to make some investments in Texas real estate?   Call me 512-782-8982 or send me an email.

Business Digest: Treasury’s $600 billion bond program still needed, Fed says; New-home sales in 2010 drop to lowest level in 47 years

January 27, 2011

Business Digest: Treasury’s $600 billion bond program still needed, Fed says; New-home sales in 2010 drop to lowest level in 47 years.

Here is what the article says about housing: ”

HOUSING

New-home sales in 2010 drop to their lowest level in 47 years

Buyers purchased the fewest number of new homes last year on records going back 47 years.

Sales for all of 2010 totaled 321,000, a drop of 14.4 percent from the 375,000 homes sold in 2009, the Commerce Department said Wednesday. It was the fifth consecutive year that sales have declined after hitting record highs for the five previous years when the housing market was booming.

The year ended on a stronger note. Buyers purchased new homes at a seasonally adjusted annual rate of 329,000 units in December, a 17.5 percent increase from November’s pace. Still, economists say it could be years before sales rise to a healthy rate of 600,000 units a year.”

The new housing sales are the big number to pay attention to because they are a trailing indicator of economic activity.   The logic goes like this:   New Job, New Car, New House!.   No new houses means that something is broken and has continued to stay broken for the last 5 years.   What does this mean for real estate in your area?   It depends on the local economic activity of your area.   In Austin we are experiencing slow job growth (2% in 2010) and lower unemployment 7.3 (or something like that for 2010).   If new houses are not being built for those new jobs then we should be seeing rents increase or give-a-ways drop off, or a combination of the two.    Have we been seeing those things happen?

YES!!!!   YEAH for the rental real estate game!

Multiple real estate solutions…

February 17, 2010

Real Estate Investing is just like this blog by Dan Miller about finding multiple solutions to problems.

1. Can you find the solution here… by Dan Miller of 48 Days at http://48daysblog.wordpress.com/
Many years ago in an Indian village, a farmer had the misfortune of owing a large sum of money to the village moneylender. The old and ugly moneylender fancied the farmer’s beautiful daughter, so he proposed a bargain. He would forgive the farmer’s debt if he could marry his daughter. Both the farmer and his daughter were horrified by the proposal, but the cunning moneylender suggested that they let providence decide the matter. He told them that he would put a black pebble and a white pebble into an empty money bag. The girl would have to reach in and pick one pebble from the bag. If she picked the black pebble, she would become his wife and her father’s debt would be forgiven. If she picked the white pebble, she need not marry him and her father’s debt would still be forgiven. If she refused to pick a pebble, her father would be thrown into jail until the debt was paid.

They were standing on a pebble-strewn path in the farmer’s field. As they talked, the moneylender bent over to pick up two pebbles. The sharp-eyed girl noticed that he had picked up two black pebbles and put them into the bag. He then asked the girl to pick a pebble. Now, imagine that you were the girl standing in the field. What would you have done? If you had to advise her, what would you have told her?

Careful analysis would produce three possibilities: (1) The girl could refuse to take a pebble—but her father would then be thrown in jail. (2) The girl could pick a black pebble and sacrifice herself in order to save her father from debt and imprisonment. Or (3) The girl could pull out both black pebbles in the bag, expose the moneylender as a cheat, and likely incite his immediate revenge.

Take a moment to think through this story. I’ve used it with the hope that it will help you see alternate solutions beyond the obvious ones. The girl’s dilemma cannot be solved with traditional logical thinking.

You may be in a similar situation. You may be in a job you hate—but the pay is great. You think you have two choices: (1) You can stay in a job you hate. (2) You can leave the job but will then give up the great pay. Are these really all the options? Or you may not have a job right now. So you think either you must “find a job” or continue with no income? Could there maybe be other options?

Here is what the girl did. She put her hand into the money bag and drew out a pebble. Without looking at it, she fumbled and let it fall onto the pebble strewn path, where it immediately became lost among all the other pebbles. “Oh, how clumsy of me,” she said. “But never mind, if you look into the bag for the one that is left, you will be able to tell which pebble I picked.” Since the remaining pebble was black, it would have to be assumed that she had picked the white one. And since the moneylender dared not admit his dishonesty, the girl would have changed what seemed an impossible situation into an extremely advantageous one.

Now, how could you see more creative solutions for your situation? A couple of years ago I coached a very successful media executive who came to me with a dilemma. Because he was so respected, he had been given increasing responsibilities over the years. His current position had squeezed out all his family and community commitments. He was working seventy to eighty hours a week, but he had also become used to the $180,000 in annual pay. He was considering whether to just accept his lot in life or to quit his job, give up his salary, and seek a more balanced life.

I proposed another choice. Since he was valued, why not approach his superiors with a new solution? Delegate much of his workload to allow him to contribute in his strongest areas of competence. They readily agreed. He was able to go back to a forty-hour workweek with no decrease in compensation. He began playing the cello professionally again, volunteering in his son’s school, playing in occasional golf tournaments, and managing his church bookstore. Simply by asking for a less than obvious solution, he was able to move into a new season of true success.

Moral of the story: Most complex problems have multiple solutions, if only we attempt to think beyond the obvious choices. Practice coming up with 4 or 5 possibilities for any situation you’re facing and you will begin experiencing success that few people discover.

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This story and others are found in No More Mondays – with lots of new solutions to work issues. Use this coupon – NMMSPECIAL — for a $10.00 discount right now – we’ll send you the hardback book and also give you an immediate electronic copy. ($13 total)

By the way do you need a thinker working with you on your real estate problems if so call me at 512-689-6742.

Planning for 2010

January 7, 2010

Many people work on thier goals for the new year around this time so I thought it would be great to share some of the tools that I use to help my cleints, friends, and family go to the next level in thier goals/planning

PURPOSE AND VISION
I have added a few files to my media liabrary that are adobe pdf files that you can use to help you create a summary of your purpose. By knowing what your true purpose is allows you to create a vision and from there you can develope goals and plans to reach those goals that support your vision and purpose. If you dont know your purpose then you dont know if reaching your goals will provide you with the fulfillment that you desire. Check out the media library for the pdf’s called Purpose and vision and how they work together, but more importantly why they are the foundation to any goal setting program. If you have any questions on how these are implemented dont hesitate to call me at 512-689-6742. Do you want to know why these are integral to a real estate investor? Call me or email me!

Freddie Mac sees rates headed to 6 percent by end of 2010 – CNBC

January 6, 2010

Freddie Mac sees rates headed to 6 percent by end of 2010 – CNBC.
How are higher interest rates going to effect your investment? How will they effect other investors who are in trouble? What opportunities are you going to see if interest rates go up and up and away? Do you have any idea how many properties have financing that is going to blow up those investments? Are you in a situation that if rates go up you will blow up?

Do you have a strategy to deal with higher rates in your investment life and the life of those around you? If not please call me at 512-689-6742 and we can discuss how you can position yourself to survive, thrive, and capitalize on this environment!

more good news for texas

December 24, 2009


Did you see the texaplex video?  

Do you know what it means for your real estate investments?   If not give me a call at 512-689-6742 and lets discuss how this video effects your current real estate and how you can use this information to enhance your investments.

Texas growth and what it means for your real estate investments

December 23, 2009

Cnnmoney.com published and article about the growth that we have been experiencing here in Texas over the last couple of years.   Here is the link to it:

http://money.cnn.com/2009/12/23/real_estate/fastest_growing_states/index.htm
So what does it all mean?    Demand for Housing!   In an era of caution and conservative investing having assurance that there is demand for what your are providing sure helps the real estate investor take one of the risk factors that they should be evaluating off the table of “issues that effect my investment.”

Want to learn more about what should risk factors should I be looking at when I make a real estate investment?   Call me at 512-689-6742 and we can talk about it!f


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