Posted on July 26, 2008 @ 11:02 pm - Written by BawldGuy
Places like San Diego, Orange County, Palo Alto, and San Francisco are excellent examples of markets having turned from warm and cuddly to cold and prickly. Where are the CA real estate investors headed these days? Lots of places. Several spots in Texas. Austin, Dallas, Ft. Worth, Allen, Weatherford, and many pockets between the MetroPlex and Austin. Kansas City is a very prudent spot on the map for your real estate investment capital and/or equities.
Also, and don’t tell a soul — am headed soon for the Carolinas. And yes, for the record, we’re still closing transactions for clients with 10% down. You have to share Divine DNA proven with blood test, but it happens. Add Purposeful Planning to the mix, and pretty soon you’ll be on yer way to a magnificently abundant retirement.
The first video is just for fun. A certain midwest agent snarked something about my yesteryear choices for music. Well here ya go, Pilgrim. Eat my dust.
The second video was offered up by a friend on twitter.com, where I’m known as, (surprise) @BawldGuy. She said I should put up something by Toby Keith, then got specific. I really liked her choice, ‘cuz it brings back memories. (Don’t ask, not tellin’.) If yer lookin’ for diverse music, these two are about as different as yer gonna get. You can thank Brad Coy for the Arcade Fire song. Jamie Geiger sent in Toby’s piece. Thanks again guys.
Posted on July 25, 2008 @ 6:19 pm - Written by BawldGuy
Some diverse subjects for you today. A rookie makes his debut on a premier real estate blog site, and deftly shows us why even big dogs need leashes. Talk about a hard worker! A marketing champ gives us an excuse to laugh out loud while being reminded that many of the so called corporate marketing geniuses — aren’t. A real estate agent sets his priorities anew. We learn pessimism doesn’t equal reality. And finally, we revisit a first.
Michael Stelzner is, at least in my mind, THE white paper guy. He’s also been blessed with the marketing gene. Heck, I think it’s embedded in his DNA. Anyhoo, the video he published on the rethinking of stop signs is spot on, and shows the so called marketing geniuses for what most of them are. But I’ll let you decide what that might be. Go see Project Nightmare: Super Funny Video! I’ve experienced my own version of that video. It’s much funnier when happening to others.
Rocky VanBrimmer is one smart dude. Agent Genius only recruits contributors matching that description. They’re on my reader and are read daily, period. They bring game to the table. Back to Rocky. His virgin post was about his insane work hours. His wife decided, wisely, that he should, uh, modify his work schedule — or else. OK For A Monday shows one man establishing priorities. As I commented — absolutely incredible.
David Shafer is a kindred spirit. We think alike, he’s written as a guest in this space, so it’s no surprise I’m a fan. Pessimism And You says what many of us have been thinkin’ and sayin’ for quite awhile. Ask yourself if you agree with Dave. It’s so often, at least in my experience, those espousing pessimism as the daily meal, have a hidden agenda. Again, IMHO.
And on a personal note, today this blog turns two years old. Every day I remind myself it’s you the reader acting as the engine driving what I do here. We do this together every day. Now how cool is that? I thought it’d be a kick to link to my first ever post. It was titled Old School Real Estate Investing. I read it again today and can remember the first time I hit the ‘publish’ button. Scary for a rookie, but I did it, and have been doin’ it daily ever since.
Thanks to all of you for the experience. I hope the last couple years here have been helpful to you.
“…and remember. The daily Bawldys have approximately 1/365th the value of our annual awards.”
Posted on July 24, 2008 @ 10:12 pm - Written by BawldGuy
As regulars here will surely attest, I’m passionate about gettin’ equities held in California investment properties into superior markets. These markets will not only perform far better, but will also allow the ownership of significantly more property. More property, but with the same monthly bottom line, more or less.
Let that sink in. You can trade your CA equity. Then what happens? Well first you better put those units of yours on the market before the train leaves the station. Read the rest of this entry »
Posted on July 23, 2008 @ 10:44 pm - Written by BawldGuy
I’ve seen in the real estate business the rough equivalent of what my grandma saw in her lifetime with flight. Born in 1909 she saw in real time the embryonic stage of flight. The first successful flight was only six years before her birth. 60 short years later she watched, on a ‘machine’ not in existence until she’d been married and had four children (three on her front porch), American men land on the moon and come back safely.
Think of where real estate investment was 40 years ago. I’d compare it to the planes used in World War I. The MLS existed, but was in book/magazine form delivered by truck, supplemented thrice weekly on paper held together by staples. The establishment of financing exceeding 75% for Heaven’s sake, was a huge break through! Tax deferred exchanges required every property involved to close the same moment in time. Why would anyone do that on purpose? (Stories — I have stories.)
There were nowhere near the choices for real estate investors there are now — even the biggest thinkers didn’t see what came into being in the ’70’s. (at least that I can recall) My father didn’t use tax deferred exchanges, but then changed, deferring taxes, and he was thought of as a maverick by many of his peers. We’ve seen the rise of the real estate investor from the middle class which descended on us like a squadron of jets in the ’70’s. That new investor class has remained as a significant player to say the least. Read the rest of this entry »
Posted on July 22, 2008 @ 10:51 pm - Written by BawldGuy
Been at a quickie one day multi-topic ‘camp’ today. In all my years in the business I’ve not experienced a day like this one, ever.
It’s been awhile since I’ve been around so many incredibly smart people in one room at the same time. I mean the serious sorta smart. The kind you wanna listen to ’till they’re done talkin’, then you listen until time’s up and ya can’t ask any more questions.
This went on from 10-6 with an hour break for lunch. Except then we were able to break into small groups listening to more smart folks gladly sharing their experience and wisdom. Technology, media of all kinds and flavors, even a vendor or two worth their wares.
Anyhoo, I’m toast and will return to the trenches tomorrow.
Meanwhile, back at BawldGuy Ranch, The Boss has decreed we’re gonna spend a few hours enjoying The City on Wednesday before leaving.