Archive for January, 2007

Bears are going to the SuperBowl!!!

Sunday, January 21st, 2007

I bet the owners at Electric City are happy! More than 800 could get free TVs worth $1M if Saints win Super Bowl "The owners of Cowboy Maloney's Electric City chain in Mississippi offered anyone who bought a high-end flat-screen television during Saints training camp at Millsaps College their money back if the Saints ...

Minding your own business at night

Friday, January 19th, 2007

Sometimes I feel guilty when I come home from work, just turn on the TV for 4 hours, go to sleep and then wake up and go back to work the next morning.  I feel guilty because  I did not do anything to further the course of my investments during ...

Migration study of US population, Americans are headed west

Thursday, January 18th, 2007

We all know that when demand > supply, prices go up.  That's why real estate investors track the migration patterns of the population.  United Van Lines posted this report on the migration of the US population for last year.  Looking at the chart it seems like people are moving from the big ...

Trying to refinance with a prepayment penalty

Tuesday, January 16th, 2007

Today I called Countrywide, who holds the mortgage on one of my SLC townhomes.  The loan is an option ARM with a prepay penalty.  The prepay penalty period is over in 18 months.  I told them that I had a prepay penalty and would refinance with them if they would ...

It’s like Amway for real estate

Monday, January 15th, 2007

Last weekend some individuals from a financial investment company made a sales presentation to me and my friends.  They were selling real estate, more specifically, pre-construction real estate.  They came to my friend's house and made a presentation.  Is the real estate market so bad in certain parts of the ...

Can you follow-up way too much?

Wednesday, January 10th, 2007

Last month I wrote about changing my IRA to a self-directed IRA.  The first thing I did was contact a couple self-directed IRA companies and ask for information.  Like any good company would do they have all sent me information.  However, there is one IRA company that has been consistently ...

The importance of referrals in lending

Sunday, January 7th, 2007

In George Ross's book Trump Strategies for Real Estate, he has a chapter called Raising Money.  Briefly, he mentions the importance of relationships and networking which reminded me of when I was trying to get my first car loan 8 years ago.  I did not realize it back then, but looking back ...