Sunday, August 23, 2009

“Our democracy has never been threatened as much as it is today,”

By Paul Boerger
Mount Shasta Area Newspapers
Fri Aug 21, 2009, 08:38 AM PDT

Redding, Calif. -
Republican Congressman Wally Herger held a health care town hall meeting Aug. 18 at Simpson University in Redding, where a partisan crowd of over 2,000 people loudly cheered Herger’s position that a public option was “unacceptable.”Although Herger called several times for the audience to “respect each other’s opinions,” those opposed to president Obama’s health care were greeted with cheers while the few in favor were interrupted with catcalls.Herger did not hold back on his opinion of the health care plan and the administration’s appointment of “czars” to head various departments and task forces. “Our democracy has never been threatened as much as it is today,” Herger said to a loud standing ovation.
Read Entire Article....

Sunday, August 16, 2009

Heating and Air Tips

Aug 14, 2009 6:59 pm US/Central
City Government Closed For Business On Monday

Raises for Houston top national level.

"Houstonians got bigger raises than workers in most other parts of the nation, according to data released Wednesday by the U.S. Bureau of Labor Statistics.
For the year ending in June, workers in Harris, Montgomery, Fort Bend and Galveston counties, along with eight surrounding counties, received an average 2.1 percent wage increase.
Nationwide, the average was 1.6 percent.
“Houston's economy in general is holding up better than the national economy,” said Cheryl Abbot, regional economist for the bureau in Dallas. “Or should I say that Houston's economy hasn't declined to the extent the national economy has.” READ ENTIRE ARTICLE....

Saturday, August 8, 2009

Global Warming - Excuse to Steal Money!

WASHINGTON -- "When 10 members of Congress wanted to study climate change, they did more than just dip their toes into the subject: They went diving and snorkeling at the Great Barrier Reef. They also rode a cable car through the Australian rain forest, visited a penguin rookery and flew to the South Pole." Find out how much of your money was spent.

Please take the time to watch the videos...
“Instead of thinking of clouds as a result of the climate, it’s actually showing that the climate is a result of the clouds, because the clouds take their orders from the stars.”

Our government is taking a hard look into climate engineering. Are they nuts?

"WASHINGTON (AP) - The president's new science adviser said Wednesday that global warming is so dire, the Obama administration is discussing radical technologies to cool Earth's air.
John Holdren told The Associated Press in his first interview since being confirmed last month that the idea of geoengineering the climate is being discussed. One such extreme option includes shooting pollution particles into the upper atmosphere to reflect the sun's rays. Holdren said such an experimental measure would only be used as a last resort."

Even though public opinion seems to be cooling in regard to global warming, every american should take the time and become acquainted with this issue. This issue has grave consequences if allowed to accepted as truth.

One of the better arguements that I have read on the global warming religion was made by Congressman Rohrabacher. Read his speech here.....


Say No To Socialized Health Care

We should each take the time to read this most controversial health care bill. I found this bullet list on line. For a quick overview of the bill, simple cross check it out against some of the bullet points. I found this method much quicker than reading the entire bill. We are seeing something very historic in our form of government. It's called Mob Rule! It usually cycles after a long period of democracy.

Health Care Bill in Bullet Form:

48 Important Things to Know about Obama’s Healthcare Plan – no matter what your politics might be, you had better read them very carefully! This is the TRUTH about ObamaCare!
Page 22: Mandates audits of all employers that self-insure!
Page 29: Admission: your health care will be rationed!
Page 30: A government committee will decide what treatments and benefits you get (and, unlike an insurer, there will be no appeals process)
Page 42: The “Health Choices Commissioner” will decide health benefits for you. You will have no choice. None!
Page 50: All non-US citizens, illegal or not, will be provided with free healthcare services.
Page 58: Every person will be issued a National ID Health card.
Page 59: The federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer.
Page 65: Taxpayers will subsidize all union retiree and community organizer health plans (read: SEIU, UAW and ACORN)
Page 72: All private healthcare plans must conform to government rules to participate in a Healthcare Exchange.
Page 84: All private healthcare plans must participate in the Healthcare Exchange (i.e., total government control of private plans)
Page 91: Government mandates linguistic infrastructure for services; translation: illegal aliens
Page 95: The Government will pay ACORN and AmeriCorps to sign up individuals for Government-run Health Care plan.
Page 102: Those eligible for Medicaid will be automatically enrolled: you have no choice in the matter.
Page 124: No company can sue the government for price-fixing. No “judicial review” is permitted against the government monopoly. Put simply, private insurers will be crushed.
Page 127: The AMA sold doctors out: the government will set wages.
Page 145: An employer MUST auto-enroll employees into the government-run public plan. No alternatives.
Page 126: Employers MUST pay healthcare bills for part-time employees AND their families.
Page 149: Any employer with a payroll of $400K or more, who does not offer the public option, pays an 8% tax on payroll
Page 150: Any employer with a payroll of $250K-400K or more, who does not offer the public option, pays a 2 to 6% tax on payroll
Page 167: Any individual who doesn’t have acceptable healthcare (according to the government) will be taxed 2.5% of income.
Page 170: Any NON-RESIDENT alien is exempt from individual taxes (Americans will pay for them).
Page 195: Officers and employees of Government Healthcare Bureaucracy will have access to ALL American financial and personal records.
Page 203: “The tax imposed under this section shall not be treated as tax.” Yes, it really says that.
Page 239: Bill will reduce physician services for Medicaid. Seniors and the poor most affected.”
Page 241: Doctors: no matter what specialty you have, you’ll all be paid the same (thanks, AMA!)
Page 253: Government sets value of doctors’ time, their professional judgment, etc.
Page 265: Government mandates and controls productivity for private healthcare industries.
Page 268: Government regulates rental and purchase of power-driven wheelchairs.
Page 272: Cancer patients: welcome to the wonderful world of rationing!
Page 280: Hospitals will be penalized for what the government deems preventable re-admissions.
Page 298: Doctors: if you treat a patient during an initial admission that results in a readmission, you will be penalized by the government.
Page 317: Doctors: you are now prohibited for owning and investing in healthcare companies!
Page 318: Prohibition on hospital expansion. Hospitals cannot expand without government approval.
Page 321: Hospital expansion hinges on “community” input: in other words, yet another payoff for ACORN.
Page 335: Government mandates establishment of outcome-based measures: i.e., rationing
Page 341: Government has authority to disqualify Medicare Advantage Plans, HMOs, etc.
Page 354: Government will restrict enrollment of SPECIAL NEEDS individuals.
Page 379: More bureaucracy: Tele-health Advisory Committee (healthcare by phone).
Page 425: More bureaucracy: Advance Care Planning Consult: Senior Citizens, assisted suicide, euthanasia?
Page 425: Government will instruct and consult regarding living wills, durable powers of attorney, etc. Mandatory. Appears to lock in estate taxes ahead of time.
Page 425: Government provides approved list of end-of-life resources, guiding you in death.
Page 427: Government mandates program that orders end-of-life treatment; government dictates how your life ends.
Page 429: Advance Care Planning Consult will be used to dictate treatment as patient’s health deteriorates. This can include an ORDER for end-of-life plans. An ORDER from the GOVERNMENT.
Page 430: Government will decide what level of treatments you may have at end-of-life.
Page 469: Community-based Home Medical Services: more payoffs for ACORN.
Page 472: Payments to Community-based organizations: more payoffs for ACORN.
Page 489: Government will cover marriage and family therapy. Government intervenes in your marriage.
Page 494: Government will cover mental health services: defining, creating and rationing those services.

What do we do to slow down the cycle? I'm really not sure because,....the time clock has started. Once the time clock starts and the system learns that it can become a self-contained entity, totally oblivious to the requests of it's subjects, then self actualization begins to take place. The system has orders to follow. There's a higher power who has commanded the system to do certain things. The mixure of clay and iron is quickly dominated by the iron part of the mixture.

Suddenly, carbon based life forms and entities are poising a danger to the system. The masses are but cattle. They seem to easily after lies. One could hope and may think that placing republican politicians in office during next elections would solve the problem. I dunno, I think this is incorrect. I don't think at this point the outcome can not be slowed down. This system's ultimate goal and command is world domination and to that effect men whose breath is in their nostrils are merely pawns.

Other Related Readings.
Daniel 2nd Chapter
Ochlocratic Form of Government

I thank God that these events are also signals to those who are willing, that God's system of government is also available for immediate access.

Tuesday, July 21, 2009

Checking out this new social networking software....Ping!

Monday, June 29, 2009

Big Money In Commercial Fixer-Uppers!

I just got off the phone with a Minister in SW Houston who's going thru a divorce. He's selling an old run down commercial structure that was once used for as a health care facility. The amazing thing is that he just wants out. He's flexible with price and terms.

This started me to thinking about the vast opportunities available in off the the beaten track commercial property investing. There's more opportunity than there is demand. I wanted to post a few thoughts on how to find these great values.

How do you find these gems?

Just look for yourself. As you're riding around town put 2 + 2 together. I kicked myself for one of the deals that I didn't take action on. I guess it was 3 or 4 years ago when Pastor Joel moved his mega church into the old Houston Summit also know as the Compaq center. I remember driving past there tons of times and noticing this run down commercial complex near to that location. I used to say to myself...."somebody is gonna get rich off that complex." Well guess what? Every commercial property owner in close proximity to Lakewood Church is raking in big buck! The area has changed so drastically that I can't even tell which structure is in the same location as that old run down building. So, look for opportunities where others don't.

Never assume that the distressed property isn't for sale. If you can contact the owner and negotiate a deal before it's listed, you can reap huge rewards.

Some of the places that you can look:

Online services, Realtors, Property Managers, Attorneys and Accountants, Lenders, and as mentioned above...driving around town.

That's all for now gotta go to work! Leave a comment if you want regular updates on this topic. I'm going to discuss some really good stuff.

Saturday, June 27, 2009

Houston Real Estate

I'm watching this Houston real estate market like a hawk. There's unbelievable buying activity especially at the lower price points. The margins are incredible. Yesterday I turned in a cash offer and was informed by the selling agent that my offer was among 12 others. I asked him, "how many of those offers are cash?". He replied, " four (4) of the offers are cash".

Today I received a call from a past client who wants to invest in the Houston market while it's hot. He's using IRA fund and wanted to put $300,000 into rental property for Triad to manage. He was thinking of the low end luxury market. I explained to him that the luxury market in Houston is still quite strong. In the higher price points I've seen some great margins and buying opportunities. Take this one for example with over $500,000 in equity on the was snatched up right away. Anyway, I went on to explain that the low end market is where the strong activity is. I recommended that he purchase (3) $90,000 homes instead. The profit margins are higher and the risk is less. At any given time it's easy to go online and find incredible real estate opportunities in the Houston area. Here's a list that I ran just for this article. Even though each of these three properties look like great transaction, the one that literally jumps off the page is "Cherry Forest". Cherry Forest is priced at $94,900 (at the time of this post), and was once closed at $169,000 back in 2005.

If your thinking about investing in real estate....consider the Houston Market!

Friday, June 26, 2009

What's a Hard Money Loan?

From Wikipedia, the free encyclopedia:

A hard money loan is a specific type of asset-based loan financing in which a borrower receives funds based on the value of a parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Hard money is similar to a bridge loan which usually has similar criteria for lending as well as cost to the borrowers.
The primary difference is that a bridge loan often refers to a commercial property or investment property that may be in transition and not yet qualifying for traditional financing. Whereas hard money often refers to not only an asset-based loan with a high interest rate, but can signify a distressed financial situation such as arrears on the existing mortgage or bankruptcy and foreclosure proceedings are occurring.

Many hard money mortgages are made by private investors, often in their local area. Usually the credit score of the borrower is not important. The loan is purely against the collateral of the property. Typically the maximum loan to value is 65-70%. That is, if the property is worth $100,000 you can borrow $65,000-70,000 against it. This low LTV is to cover the lender if the borrower does not pay and they have to foreclose on the property

Loan structure
A hard money loan is a species of real estate loan collateralized against the quick-sale value of the property for which the loan is made. Most lenders fund in the first lien position, meaning that in the event of a default, they are the first creditor to receive remuneration. Occasionally, a lender will subordinate to another first lien position loan; this loan is known as a mezzanine loan or second lien. Hard money lenders structure loans based on a percentage of the quick-sale value of the subject property. This is called the loan-to-value or LTV ratio and typically hovers between 60-70% of the market value of the property. For the purpose of determining an LTV, the word "value" is defined as "today's purchase price." This is the amount a lender could reasonably expect to realize from the sale of the property in the event that the loan defaults and the property must be sold in a one- to four-month timeframe.

This value differs from a market value appraisal, which assumes an arms-length transaction in which neither buyer nor seller is acting under duress. Below is an example of how a commercial real estate purchase might be structured by a hard money lender:65% Hard money (Conforming loan)20% Borrower equity (cash or additional collateralized real estate)15% Seller carry back loan or other subordinated (mezzanine) loan

Cross collateralizing a hard money loan
In some cases the low loan to values do not facilitate a loan sufficient to pay the existing mortgage lender off in order for the hard money lender to be in first lien position. Because securing the property is the basis of making a hard money loan, the first lien position of the lender is usually always required. As an alternative to a potential shortage of equity beneath the minimum lender Loan To Value guidelines, many hard money lender programs will allow a "Cross Lien" on another of the borrower’s properties. The cross collateralization of more than one property on a hard money loan transaction, is also referred to as a "blanket mortgage". Not all homeowners or commercial property owners have additional property to cross collateralize. Cross collateralizing or blanket loans are more frequently used with investors on Commercial Hard Money Loan programs.

Commercial hard money
Commercial hard money is similar to traditional hard money, but may sometimes be more expensive as the risk is higher on investment property or non-owner occupied properties. Commercial Hard Money Loans may not be subject to the same consumer loan safeguards as a residential mortgage may be in the state the mortgage is issued. Commercial hard money loans are often short term and therefore interchangeably referred to as bridge loans or bridge financing.

Commercial hard money lender programs
Commercial hard money lender and bridge lender programs are similar to traditional hard money in terms of loan to value requirements and interest rates. A commercial hard money or bridge lender will usually be a strong financial institution that has large deposit reserves and the ability to make a discretionary decision on a non-conforming loan. These borrowers are usually not conforming to the standard Fannie Mae, Freddie Mac or other residential conforming credit guidelines. Since it is a commercial property, they usually do not conform to a standard commercial loan guideline either. The property and or borrowers may be in financial distress, or a commercial property may simply not be complete during construction, have its building permits in place, or simply be in good or marketable conditions for any number of reasons.
Some private investment groups or bridge capital groups will require joint venture or sale-lease back requirements to the riskiest transactions that have a high likelihood of default. Private Investment groups may temporarily offer bridge or hard money, allowing the property owner to buy back the property within only a certain time period. If the property is not bought back by purchase or sold within the time period the commercial hard money lender may keep the property at the agreed to price.

Traditional commercial hard money loan programs are very high risk and have a higher than average default rate. If the property owner defaults on the commercial hard money loan, they may lose the property to foreclosure. If they have exhausted bankruptcy previously, they may not be able to gain assistance through bankruptcy protection. The property owner may have to sell the property in order to satisfy the lien from the commercial hard money lender, and to protect the remaining equity on the property.

Legal and regulatory issues
From inception, the hard money field has always been formally unregulated by state or federal laws, although some restrictions on interest rates (usury laws) by state governments restrict the rates of hard money such that operations in several states, including Tennessee and Arkansas are virtually untenable for lending firms.

Commercial lending industry
Thanks to freedom from regulation, the commercial lending industry operates with particular speed and responsiveness, making it an attractive option for those seeking quick funding. However, this has also created a highly predatory lending environment where many companies refer loans to one another, increasing the price and loan points with each referral. There is also great concern about the practices of some lending companies in the industry who require upfront payments to investigate loans and refuse to lend on virtually all properties while keeping this fee. Borrowers are advised not to work with hard money lenders who require exorbitant upfront fees prior to funding in order to reduce this risk. If you feel you have been the victim of unfair practices, contact your state's attorney general office or the office of the state in which the lender operates.

Hard money rate
Hard Money Mortgage loans are generally more expensive than traditional sub-prime mortgages. However, all mortgage loans are not necessarily considered to be a high cost mortgage. Generally a hard money loan carries additional risk that a borrower is aware of. Rather than selling the property a borrower will opt to keep the loan and if a lender is willing to assume some of the risk by offering a hard money loan.

Interest rate on hard money
The rate is not dependent on the Bank Rate. It is instead more dependent on the real estate market and availability of hard money credit. As of 2007, and for the past decade, hard money has ranged from the mid 11%-17% range. When a borrower defaults they may be charged a higher "Default Rate".

Hard money points
Points on a hard money loan are traditionally 1-3 more than a traditional loan, which would amount to 3-6 points on the average hard money loan. It is very common for a commercial hard money loan to be upwards of four points and as high as 10 points. The reason a borrower would pay that rate is to avoid imminent foreclosure or a "quick sale" of the property. That could amount to as much as a 30% or more discount as is common on short sales. By taking a short term bridge or hard money loan, the borrower often saves equity and extends his time to get his affairs in order to better manage the property. Hard money is expensive, but cheaper than a partner!All hard money borrowers are advised to use a professional real estate attorney to assure the property is not given away by way of a late payment or other default without benefit of traditional procedures which would require a court judgment.

I Know Where to Find Hard Money
Call Now!

Dick Green #479053
Triad Realty and Mortgage

Thursday, June 25, 2009

Top Five Credit Management Tips of All Time

Hoping to help keep even more Americans from getting sucked into the black hole of consumer credit debt, the Treasury Department and the Federal Reserve Board have announced the top five fundamental practices that consumers should follow to manage their personal credit.
During a May 22, 2003 credit management panel discussion hosted by Treasury and the Federal Reserve and attended by representatives of financial services organizations and community and consumer groups, consensus was reached on the following five fundamental practices:

1. Build savings to avoid high-cost debt and improve payment options.
2. Pay bills on time.
3. Pay more than the minimum payment.
4. Comparison shop for credit and obtain only the credit you need.
5. Understand your credit history and how it affects you.

"These fundamentals are an important first step toward educating.....Read Entire Article

Wednesday, June 17, 2009

Secret Searching Method

So, I'm working with a couple of cash buyers. One would think that the old adage, "Cash Is King", would still be a valid way of doing business. I'm beginning to wonder. I've noticed a trend with this current market where lenders/lien holders are willing to go for the two in a bush rather than 1 in the hand.

My cash clients have lost on several cash offers to slightly higher offers containing third party financing considerations. Go Figure! I've always stayed ahead of the curve and have been able to locate the good deals before the rest of the pack. If you hunt harder than the next guy you'll always eat. In this market alot of agents have gone on to other fields. Those that have decided to remain in the industry are either too new to understand the stakes or are experienced hunters.

So now it's Game Time! It's time for me to revert to back to covert marketing campaigns. And guess what? I've discovered something real interesting that I'm rather excited about. It works like a gem! I'll share a brief overview with you. For more detailed me and just ask me. It's so simple it's scary. What I've been doing is structuring a custom search based on expired listings. The end result is to locate individuals who were at one time offering their properties for sale at discounted pricing due to pending foreclosure, depreciated values or some other circumstance requiring a quick sale. These same individuals have been disappointed with unsuccessful marketing results. Resulting in the Listing becoming expired. This type of client can many times be a very easy individual to over exceed their expectations. In this market things have changed. There's real money to be made with Expired Listings. To keep ahead of the curve, we as agents must change and think of outside the box marketing techniques. He who hunts the hardest and the longest will always eat! I suggest that you experiment with Expired Listings.

Good Luck!

Tuesday, June 16, 2009

Great Time For Investors!

"It's also boom time for the companies that can supply those investors with financing when they need it.
"This is an absolutely wonderful market environment to be in," says Frank Sharp, who heads Watershed Renovation Capital, in Alexandria, Virginia. "

Read Entire Article....

Monday, June 15, 2009

Nearly 30 Keller Williams agents move to RE/MAX

Genny Williams, former team leader for the Keller Williams office, said in a news release that after she left and joined RE/MAX Advantage South in April, 27 agents from Keller Williams soon followed her.

The release said most of the agents that left to join RE/MAX were in the top 20 percent of production at Keller Williams.

Read Entire Article

Thursday, June 11, 2009

The Hottest Real Estate Markets In the U.S.

Do you need to replace monies lost in the recent melt-down? Are you concerned about retirement funds? Why not consider real estate? And if you're going to consider real estate, you should choose the hottest U.S. Markets. As a matter of fact, on a list of the 10 hottest places in the U.S. to invest in, the state of Texas placed 3 times.

Here's a recent excerpt from the "Houston Newcomer Guide." Make sure to obtain your free newcomer reports:

Relocating to Houston? You Will Love it Here.
Houston is a dynamic, culturally diverse city that amazes visitors and natives alike with its ever-changing and infinite variety of attractions. Houston is an easy place to call home. Houston was ranked the
#1 Best City to live by Kiplinger's Personal Finance. As the fourth-largest city in the United States, Houston has been also called "America’s booming opportunity city" by The American Magazine. Houston has one of the best and most affordable Real Estate markets, strong job growth and a broad-based and growing economy. The oil and gas industry, the strong health care job base and international trade, along with the can-do business atmosphere, position Houston as a leader.

We are proud to offer newcomers free guides to help your move to Houston go as smoothly as possible. Order your free newcomer guides and we will send the guides to you on the next mail run.

We also encourage you to use throughout your move. Click on the different sections around town listed above, then click on the Newcomer Directory. From there, you will be able to do research about Houston housing options, public and private schools, finance and mortgage information, relocation, ulitilities, Houston lifestyle and entertainment, employment and more.

Learn more about the Real Estate market in Houston

Houston is also home to the Astros, Texans, Rockets and MLS Champion Dynamos. Houston is also home to renown museums, theatres and other venues. With a favorable climate, Houstonians also enjoy many wonderful golf courses, beaches, parks and other outdoor activities.

As a native Houstonian, the Publisher is proud to market Houston to newcomers relocating to Houston. Welcome!

Monday, June 8, 2009

Tax Credit Provides Outstanding Opportunity for Home Buyers

A tax credit of up to $8,000 is available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.

Find out More....

Saturday, June 6, 2009

Certain commercial mortgage-backed securities now eligible collateral under TALF

The Federal Reserve Board last week announced that, starting in July, certain high-quality commercial mortgage-backed securities issued before Jan. 1, 2009, will become eligible collateral under the Term Asset-Backed Securities Loan Facility (TALF). The TALF is designed to increase credit availability and support economic activity in part by facilitating renewed issuance of consumer and business asset-backed securities (ABS) and CMBS. See the Fed's press release on this topic.

Tuesday, May 26, 2009

Why Commercial Real Estate?

Why You Need To Start Investing In Commercial Real Estate by Scott Scheel
People often ask me how I got started in commercial real estate, and I tell them that it was a conscious decision for me. Most people who begin investing in real estate start off with single family residential properties because that is what they are most comfortable with. They tell themselves, "All I need to do is a couple of deals a month. I'll make myself five or ten thousand dollars, then at the end of a very few months most of my problems will be taken care of." They do not really understand...

Read Entire Article

Saturday, May 16, 2009

Don't Pay for Credit Repair!

The real estate market is changing rapidly. It's a great time to buy. Prices are low, interest rates are low, inventory is higher than ever and sellers are willing to negotiate fantastic concessions. The only problem is the tightening of credit requirements. The current credit score needed to qualify for 95% LTV mortgage financing is 680. (at the time of this writing)

Many consumers who have struggled and saved planning to buy their first home now are faced with the task of credit repair. I talk to many individuals who have shelved out hundreds of dollars to credit repair companies in hopes of removing bad debt and building credit scores. So, I decided to write this article in attempt to help those that want to improve credit. I hope it's a benefit to all that read.

This is going to be a very short article I promise. The trick to building good credit is simple, "PAY YOUR BILLS." (Just kiddin....that's an old bill collector Anyway, let's continue...,

The problem with paying off old debt is knowing which bills to pay. Many individuals believe that paying off old bad debt will cause credit scores to improve. I'm saying from years of experience that this is incorrect. Some individuals even pay hundreds of dollars to so-called credit repair companies in hopes of removing old bad credit only to have their credit destroyed. These companies collect huge fees then negotiate low pay-offs. Many debt management companies collect lump sum payments then pay creditors at a slower pace than the consumer further destroying one's credit. They write tons of letters to creditors claiming that information on the credit report is incorrect only to have the same bad credit re-appear down the road at the worst possible time. To use an's like stirring murky muddy waters hoping that the mud will somehow go away. Actually, I don't think it's legal to charge for credit repair in advance in the great state of Texas.

If you pay on or negotiate with non-secured bad debt that's older than 2 years old it will only have an adverse affect on your credit. What actually happens when you pay on old bad credit..... old bad credit becomes new bad credit driving down your credit scores.

You can cheat the credit system with the following three step formula.

1. Obtain a credit report which contains scores.
2. Identify which debts must be addressed or have a professional credit analysis.
3. Put new good credit on your report.

Obtain 3 secured or no credit needed credit cards. These cards usually range from $250.00 to $750.00 amounts of allowable credit and are easily obtained right off the internet. Once you have these cards, keep the balances under 50%. Pay on them well before the due dates and ALWAYS PAY A FEW DOLLARS EXTRA. I guarantee that your credit scores will increase drastically over a 6 month period.

I've personally used this technique to increase the credit scores of many clients. I recently watched a client's score increase more than 150 points using this technique. He implemented this simple system and within 6 months he was able to purchase a new home.

Here's a good place to obtain secured credit cards.

Friday, April 10, 2009


Everyone has been asking me to tell them where the big money is at. I believe that there is enormous wealth opportunities for current risk takers. Do your home work, trust the numbers, then take action. Invest in areas that have traditionally done well and increase the odds of success.

Take for instance Galveston, Texas which was recently devastated by Hurricane Ike. Galveston's location makes it a real gem. A good friend, from one of the title companies in Houston told me that fortunes are sitting like diamonds in the sand on the coast of Galveston.

So, I've been watching Galveston. What I've discovered is real exciting. I hope you checked out the preceeding link. The information contained in it makes Galveston's real estate a winning lottery ticket. I missed out on this offer but I've discovered a couple of much better right on the beach.

Anyway, if anyone wants a winning lottery me.

Wednesday, April 8, 2009



Thursday, March 19, 2009

Houston Houston Market

Hello Fellow Real Estate Investors!

What a hay ride! I'm excited about this current market. Now is the time fortunes are made. I just read the monthly MLS Houston Market. It's rather discouraging on the surface. But, if one reads it with the advantage of hindsight and knowledge of market cycles, it's like finding a treasure chest map.

The average and the median price of single family homes fell. Foreclosure sales are up while the median price of foreclosures being sold fell 15%. During the same period the median price of non-foreclosure homes sold only dropped 1.2%.

But let me not bore you with these stats. Let me put some of them together for you.

I just received an e-mail from one of my lenders. They're now going to 660 Fico on 95% financing. Soon 20% down will be the norm under a 660 credit score. Much of the buying market is being squeezed out of the American Dream.

So what's the good news in all of this? People will still need a place to stay. The Houston rental market is exploding. Plus, there's tons of cash flowing properties in on the market. The real hidden gems are in multi families.

Check back soon, I'm going to continue this post with specific properties and reasons why they are good transactions. For instance, you can own a whole city block in Galveston (needing IKE repairs - currently cash flowing), for less than $300,000. I'm going to make my private notes available to a select few individuals. Here's a sample of one the e-mails that I send out. You're going to be more than supprised by some of the responses.

To: Scott Young Subject: 1002 Commodore I have an buyer that might be interested in your listing. Do you feel the seller might entertain an offer requiring a 35% discount in price?
Dick Green Triad Mortgage and Realty

Sunday, January 18, 2009


Your family has just happily moved to a new city. You have a great job, beautiful home, and theneighborhood seems friendly. You enroll your children into the local school district, which have received great national rankings. Before long, your daughter has been invited for sleepovers ather friend's house. Although you have met the friend's parents several times, and they seem like nice people, you have read too many horror stories to feel comfortable allowing your daughter to sleepover. Needless to say, she is devastated and blames you for moving her to a new place,where she has no friends. What is a parent to do?

Safety is the best policy, and accessing the legal system is a critical step in keeping your family safe. Every day, there are more stories reported about unsuspecting victims who have been harmed by criminals, who may be your neighbor or the parents of your daughter's friends. The cases are real; the charming father may be a sexual predator or deviant, and he may sexually harass or even rape your daughter. Looks are very deceiving, and the only way to know if that friendly smile is authentic is by accessing the legal system to conduct a background check.
Getting the information you need has been made incredibly easy by the internet. By performing a people search online, you can basically find out almost anything about anyone. Both court records and criminal records can even be accessed via public records.

Depending upon the state in which you live, you may instantly access public records online. Witha simple internet connection, you can browse through a person's public records, including criminal records, court records, and even driving records! Find out whether the parents of your friend's child have clean background checks, or if they may be hiding a deep secret from thecommunity behind their friendly smiles and freshly baked cookies.
If you are in a state where you cannot access the legal system online, then you have two options. First, you can conduct a people search through the search engines; you can find out anything about anyone online, and the parents of your daughter's friends are no different. Input their names and phone numbers, and a plethora of information may be revealed about their criminal records.

However, the power of determining the history and background check of a person comes from the legal system. If you cannot access online the government public records of your state, then there are several services that have contracts with government departments and courts to provide background checks and criminal records. With a click of a button, you can instantly access the legal system to discreetly find out about anyone through their criminal records, court records,and driving records. Not only do you save time, but you protect your family definitively againstcriminals who threaten the safety of your children.

Many people may believe that records of the U.S. government are confidential, but that is not necessarily true. Knowing just where to search can provide you with important information and direct access to the legal system. By working with specialized services, you can instantly access legal systems and obtain all of the background check information you need to give youpeace of mind.