Archive for September, 2008
Monday, September 29th, 2008
A few weeks ago I was contacted by someone respresenting the authors of the book Get Rich, Stay Rich, Pass it On. I was offered a chance to write about their book on my blog so I requested a copy. Coincidentally, I was just sent another book to review which ...
Posted in Personal Development | 9 Comments »
Thursday, September 25th, 2008
We have not received any distributions for Houston Apartment #1 yet. This was known going into this deal. Investors were told to expect receiving cashflow payments in 12-18 months once we refinance the property and lower our mortgage payments.
We have 95% occupancy currently at this apartment and total income broke the $70,000 ...
Posted in Making Money Online | No Comments »
Wednesday, September 24th, 2008
So I'm searching on craigslist for homes in Scottsdale and I have run across so many of these stupid ads that I really don't understand why the realtor's bother. These realtors that claim to have everything under the sun as a listing. This is just one of the many many crap ...
Posted in Real Estate | 1 Comment »
Tuesday, September 23rd, 2008
Today we received our first distribution from Houston Apartment #2. Our distribution came out to a 9% annual return. The distribution was for the first 3 months that we've own the property.
Just to recap, this is a 342 unit building that cost $12.4 million. The numbers going into this deal ...
Posted in Apartments | 1 Comment »
Tuesday, September 16th, 2008
Here is a damage update resulting from Hurricane Ike on Apartment #1. Apartment #2 damage was noted in the previous post.
There was roof damage from the wind. This was followed by major rain which led to water damage on some ceilings and carpets. I'm assuming alot of drywall repair here. ...
Posted in Apartments | 1 Comment »
Monday, September 15th, 2008
Well as you all know, Hurricane Ike rolled through Houston this past weekend. We got the damage report yesterday and it doesn't look too bad.
So far it looks like on Apartment #1, we had some roof damage, carport damage, trees uprooted which damaged the asphalt parking lot. This is just ...
Posted in Apartments | 1 Comment »
Friday, September 12th, 2008
Today I received in the mail our team's new softball bat. It's the Miken Freak 98 which is ASA approved. Bats are no longer just wooden or aluminum and they don't just run $50 anymore. This Freak 98 is a composite bat which ran me a mere $190. And it looks ...
Posted in General | 1 Comment »
