General Update
May 9th, 2008 by KenricThis isn’t really two general updates in a row. I just didn’t want to spend time on the title of a general post. As some of you may have noticed my blog posting frequency has gone down in the past month. Truthfully, I just don’t feel like taking the time to write a blog post daily and most of the time its because there’s nothing new to write about.
But I wanted to continue upon my post from yesterday because there are so many things that I didn’t touch on.
Regarding the Houston Apartments, the management team is now managing over 600 units in Houston after Apartment #2 closes. They are already working on the next 2 deals in Houston. Unfortunately, I’m out of funds to invest in more apartments over there.
Ebiz#3 officially kicked off today. No orders and just 20+ visitors.
I’d like to announce Ebiz#4. It’s something that I’m pretty excited about doing. It’s also something that has great potential. I’ve got a bunch of major partners in on this project. We’ve being working with developers on Elance to bid this project and it’s been a learning experience. But we’ve finally selected a development company and things are going to start rolling now.
Unlike the potential $1,500/month for Ebiz’s#1, this one has huge monthly potential. The goal is to value the company valued at over $1 million within a year. In fact, since we decided to go ahead with this project it has snowballed. So you can see why I haven’t been putting alot of effort into Ebiz1 for now. It’s a best possible use of time thing.







