Archive for December, 2009
Investor Call
For the investors who have been waiting to invest in Pride of Austin High Yield Fund 1: We have identified $2MM in properties that the fund will be lending $1.1MM against in January and Februray of 2010. The funds will be lent out at 13% plus 3 points with terms of 1 year or less. [...]
Stop Acting Rich
I recently read a book by Thomas J Stanley, PhD entitled “Stop Acting Rich… And Start Living Like a Real Millionaire“. The relevance of the inforamtion in this book to a financial web site is that so many people seem to want to live beyond their own means. Dr. Stanley purports that in general people [...]
BIG help available from little known loan program
In the America Economic Recovery Act of 2008 is a loan program that is not being given much attention but can be very helpful for small businesses. It is the America’s Recovery Capital Loan (ARC) program offered by the SBA. It can provide up to $35,000 in short-term relief for viable small businesses facing immediate [...]
625 Amesbury Lane – Austin, TX 78752 (Central Austin area)
Austin area home sales up 38%!
The American Statesman reported that homes sales in Central Texas rose 38% in October over last year in October. This information is based partly upon statistics pulled from Austin Board of Realtors. ABOR reported October sales of single family residences in Oct 2009 were 1823 homes compared to 1322 homes sold in Oct 2008. Again, [...]
Housing Sales on the Rise Nationwide
Lawrence Yun, chief economist with National Association of Realtors, reported that home sales nationally rose by 7.2% June over July of this year. This seasonally adjusted rate of 5.24 million homes is the highest monthly increase in home sales in the last 10 years! Even more promising is the pending home sale index showing a [...]