Posts Tagged ‘risk’

FIRE!!!

January 9, 2011

over the holidays I had to deal with a fire in one of the apartments that I own.   I am relieved that the resident was not killed and thankful that the damage was not to the entire building!   Fires can wreck a real estate investment luckily this one is insured so the damage will not be as large as it could have been, but nevertheless it is a big distraction when you want to start the new year on a positive note.  Check out some of the pictures of the fire

after the fire

inside the unit

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What is a dirty ugly?

February 7, 2010

it is a property that is dirty and ugly.   Need an example see below.

Why would someone own this????

The End of a good thing

January 12, 2010

Today an investment fund that I manage is scheduled to recieve the last payment on an owner financed house that was sold a couple of years ago.    The deal was a good short term deal and it paid for the most part like clockwork!   I hate to see it go, but alas the end is the end or so it seems.

The house was an older manufactured home that was purchased for $7,000 and was sold  for $15,000 with a 9.24% interest rate.   The return on investment is what will be missed the most.   A whopping 43% per year!!   That is 43% with no leverage (debt to make payments on).   If only we could create a hundred of these!   Whoa!   Just imagine the return that can be generated by doing volume  in these types of investments.     Ok now I know you are saying yea yea yea but that does not exist!   Have you ever seen a Manufactured Home community (MHC) with 75 to 200 spaces?   With a MHC you could reasonable do the kind of volume that will allow you to retire very quickly!!!   With just a meager return on the land involved in the MHC you  get an opportunity to earn 40%+ annual returns on the homes that will occupy those lots.   Do you know what the downside is?   If not call me at 512-689-6742 and I will share it with you.

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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