Pride Of Austin

Our Investors Love Us!

David — Fri, 20 Jan 2012 21:31:44 +0000

And here’s why by the numbers…

18.5% Annualized Return paid out for the 4th Quarter of 2011
17.6% Yield paid out for 2011
15.93% Historical Yield since inception (December 2008)

What are they doing with your savings?

David — Fri, 20 Jan 2012 21:29:05 +0000

Banks have been posting exceptionally high profits. Americans are becoming more thrifty and building their savings accounts. Yet, instead of banks rewarding depositors with higher rates of return on savings they are lowering them! And Americans keep stashing cash into their banks; over $10 Trillion is on deposit! That’s excellent news!

Or is it?

It’s wonderful to see Americans saving more and slowly breaking their collective financial enslavement to Madison Fifth Avenue. But instead of being rewarded by the big banks Americans are now treated as if the banks are entitled to their deposits. Have you actually calculated your rate of return on your savings account? CD? Money Market Account? I pick up more change on the streets while walking my dog than most Americans earn in their accounts each month. And that’s pathetic!

You can continue to be treated as if your bank is entitled to your money and continue to be enslaved by the mantra that the banks deserve your money OR you can start exploring options for investing and saving. And of course – I have an option for you to explore: Pride of Austin High Yield Fund 1 (A Regulation D Security filed with SEC)!

Here is it by the numbers:
18.5% Annualized Return paid out for the 4th Quarter of 2011
17.6% Yield paid out for 2011
15.93% Historical Yield since inception (December 2008)

Compare that with your bank statements!

Is your retirement account flat? Change it to a self-directed retirement account and take charge of your future.

Interested in learning more? Contact us and we’ll help you break free of the feeling that banks are entitled to your money and that you do not deserve to be rewarded for your hard work and commitment to saving more.

New Residential Construction Loan Funded

David — Sat, 31 Dec 2011 16:50:32 +0000

The last loan funded for 2011 was a residential new construction loan for a home to be built in East Austin. Pride of Austin does make construction loans for ground up counstruction, additions to existing homes and rehab lending on 1 to 4 family properties.

Medical Office Building Funded

David — Wed, 21 Dec 2011 20:31:39 +0000

Pride of Austin funded a construction loan for a 12,000 SF Medical Office Building to be built in Fulshear, Texas. This is the second phase of a Medical Office Park. The first phase is 100% pre-leased and prospective tenants are already inquiring about the second phase even though ground has not yet broken. We are pleased to be involved with bringing a Class A Medical Office Park to the residents of Fulshear.

The Medical Office Park is being developed by a Texas Company, Australtex. The owners of the property are two Texas companies owned by a group of people in Australia. We have enjoyed working with a the group of investors from Australia and look forward to building a long-standing relationship with them.

Achieving a Higher Standard

David — Wed, 23 Nov 2011 03:23:20 +0000

Recently Robert Buchanan and David Owen completed a series of courses and earned the Certified Private Lender Associate (CPLA) designation. The American Association of Private Lender (AAPL) is the national organization representing the private real estate lending industry. It is committed to servicing as a catalyst for growth by fostering awareness, promoting best practices, and enforcing a code of ethics. It’s principles – excellence, ethics, and education – are the cornerstone for success in the industry. AAPL members are leaders in the industry and embody the character, dedication, and experience critical for success.

AAPL has developed the CPLA Certification Program which is designed to provide a comprehensive overview of the principles and the federal laws and regulations surrounding private real estate lending. CPLA Certification is the first step toward achieving a professional designation with AAPL, and is a pre-requisite for achieving CCPL (Certified Commercial Private Lender), CRPL (Certified Residential Private Lender), and CPLFM (Certified Private Lender Fund Manager) professional designations. Pride of Austin is proud of our fund managers for achieving this designation as there were less than 20 lenders in the nation participating in this course.

AAPL is working on an accreditation program that would be an exhaustive audit of the accounting, policies and procedures of a fund and how it is managed. Once it is launched Rob and David will work toward achieving and maintaining that accreditation. All of us are committed to making Pride of Austin High Yield Fund one of the premier funds in America.

Are You Getting This Level of Return on Your Investments?

David — Mon, 10 Oct 2011 14:10:40 +0000

19.3% Annualized Yield

That’s the return the investors in Pride of Austin High Yield Fund made on their investments the 3rd Quarter of 2011. Review your statements from your investment portfolio, 401K Plan and IRA plans. If you are not earning a high return then perhaps you should be adding an investment into Pride of Austin High Yield Fund into your portfolio.

Call us or email us and let’s discuss your investment strategy.

We also facilitate loans against your portfolios, self-directed IRA’s and 401K Plan Rollovers into self-directed for investors wanting to add an investment in Pride of Austin High Yield Fund into their over-all portfolio.

September Closings Totaled $3,180,000

David — Tue, 27 Sep 2011 19:51:57 +0000

Pride of Austin Capital Partners closed 4 loans in September totaling $3,180,000.
Residential Rehab Loan in Vidor, TX
Residential New Construction Loan in Austin, TX
Commercial Retail Center Rehab Loan in Austin, TX
Commercial Medical Office Park New Construction Loan in Fulshear, TX

The interest rate on all 4 loans is 14% with terms of 12 months to 18 months.

Currently there are $2,725,000 in loans being underwritten for a 4th quarter closing. Pride of Austin Capital Partners is accepting additional loan submissions for closing in October and November.

POAFund Opens for October Investments

David — Mon, 26 Sep 2011 21:24:59 +0000

The managers of POAFund, Pride of Austin Capital Partners, announced today that they are opening the high yield fund up to new investments for October not to exceed an additional $1.3MM. The managers are proud of the stellar performance of the high yield POAFund and continue with their commitment to keep the yield up for the investors as opposed to opening the fund to unlimited investments. By managing the investments while keeping the yield to its investors as a priority POAFund has consistently delivered high yield distributions to the investors in the fund. One key reason the performance of the fund is outshining other funds is that the managers are also investors in the fund so they have a vested interest in the fund’s performance.

The annualized yield for the 3rd Quarter of 2011 will be announced the first half of October. The managers are expecting it to be one of the highest yields in the history if the fund. And this while Wall Street is bleeding all over America! Solid, caring, knowledgeable managers = solid yields. If you would like information on how to increase your returns on your investments contact Pride of Austin Capital Partners. We put smiles on the faces of our investors and take the stress and worry out of their investment strategy.

Residential New Construction Loan Funded in Austin

David — Thu, 15 Sep 2011 22:29:53 +0000

Pride of Austin High Yield Fund closed and funded on a new construction loan for a single family residence of approximately 2000 SF to be built in East Austin at 1308 Walnut Avenue. More and more banks are telling builders NO to new projects. Private lenders are saying YES if the project is a good one and the builder has capital in the project along with the loan proceeds from the private lender.

1308 Walnut is just a few minutes east of downtown Austin and just a few blocks away from a MetroRail Station.

Rehab Commercial Loan Funded in Austin

David — Tue, 13 Sep 2011 18:52:07 +0000

Pride of Austin High Yield Fund 1, LLC has closed and funded on a $1.1MM rehab construction loan on a retail center located at 7400 Cameron Road in Austin, TX. The retail spaces are 100% leased. The tenant mix for the 12,000 SF center will be a Restuarant-Sports Cafe, a Meat Market-Convenience Store, a Beauty Salon and a Hat Shop. The owner of the retail center is a long time Austin resident and a retired educator from the Austin ISD. We are proud that we are able to help the owner revitalize this area of Austin with tenants that will service the needs of the community. We anticipate that the construction will be completed and the tenants will be open for business in about 4 months.