People as a whole are interesting creatures. Human behavior amuse me. After looking at the magazine racks at the book store, after watching the daily news, or reading the newspaper one could easily assume that the majority of people are obsessed with bad news, people love to hear about the misery of others they love to be notified about any misfortune that may occur to anyone. Why? I don't know the answer to that but it is amusing. I catch myself doing the same thing sometimes while checking out at the grocery store seeing the tabloid exploiting all of the celebrities, or when I watch the news and they have to give me the latest Britney Spears or Lindsey Lohan rehab update. No one is immune to it but I have been trying to train myself away from it. Its an uphill battle but one of my personal battles none the less.
Another habit that amuses me is that most people don't make decisions for themselves. If the real estate bubble blew up in Miami, and Phoenix, Las Vegas and Detroit, that doesn't mean that it blew up everywhere. Investors run around scared about whats gonna happen now that the mortgage companies are going belly up that houses aren't selling anymore. Well that's not a fact. Mortgage companies will always be here and houses will always sell and apartments will always rent. Why? this I can answer, because shelter is one of the most basic needs for humans to have, and people will do anything to have it. Do you think that just because a bunch of mortgages went bad that houses wont sell anymore? Do you think that people are just gonna move out into the streets or homeless shelters? No! Even after the saving and loan scandals and all that went down in the 80's real estate still continues to rise and rise and rise. Find the information out for yourself. There are still super hot areas to live. In Dallas many areas went down because of the craze, but many areas still go up and had no effect. Banks will still give mortgages to people who deserve them. The people that the mortgage crisis hurt the most is the people who couldn't afford the home to begin with. The people who could only afford a home for $100,000 and the brokers convinced them they could afford a home for $200,000.00 were the ones that got hurt. The people who bit off to big of a piece. Now I'm ranting , so I will stop before I get to confusing. If you have any questions or comments feel free to call me 214-607-3988, I would love to discuss this with anyone interested.
Best,
Arthur
Thursday, November 8, 2007
Monday, October 15, 2007
Investment
I have to get more used to using this blog tool. I have been meaning all week to add stuff to the blog but just haven't had the chance to get to it something just keeps getting in the way, I will just have to make it part of the routine.
Last week went by fast we were so busy I could hardly move. I can't think of anything bad happening last week so I will just stick you guys with the good news. An investment opportunity has arose. In Oaklawn a 98 Unit Apartment complex that was built only four years ago has been converted to condominiums. Of the 98 only 45 are left and are about to fly, don't miss this opportunity. I have negotiated with the developer that he will pay two years of the property taxes and Home Owners Association (HOA) dues. More than that he will rent the unit back from you for a three year period. Basically if you can get approved for a loan with only 10% down for a unit, and the price of the unit goes up by 2% over a 2 year period you can make like 29% return on your money. I know its insane, its an awesome deal and I cant wait to sell the crap out of these. One of the guys in my office has already shown 5 and I just let the package out on Friday, and today is only Monday!!! Anyway if your interested the information is saved here:
www.uptownlocators.com/PiazzaSiennaPackage.pdf
and the excel spread sheet is here:
www.uptownlocators.com/piazza.zip
Check out the video here:
http://youtube.com/watch?v=Hd82zRjcVf0
Have fun investing!!! I'm back to work!
Arthur
Last week went by fast we were so busy I could hardly move. I can't think of anything bad happening last week so I will just stick you guys with the good news. An investment opportunity has arose. In Oaklawn a 98 Unit Apartment complex that was built only four years ago has been converted to condominiums. Of the 98 only 45 are left and are about to fly, don't miss this opportunity. I have negotiated with the developer that he will pay two years of the property taxes and Home Owners Association (HOA) dues. More than that he will rent the unit back from you for a three year period. Basically if you can get approved for a loan with only 10% down for a unit, and the price of the unit goes up by 2% over a 2 year period you can make like 29% return on your money. I know its insane, its an awesome deal and I cant wait to sell the crap out of these. One of the guys in my office has already shown 5 and I just let the package out on Friday, and today is only Monday!!! Anyway if your interested the information is saved here:
www.uptownlocators.com/PiazzaSiennaPackage.pdf
and the excel spread sheet is here:
www.uptownlocators.com/piazza.zip
Check out the video here:
http://youtube.com/watch?v=Hd82zRjcVf0
Have fun investing!!! I'm back to work!
Arthur
Thursday, October 4, 2007
My First Blog
Hello everyone, this is my first blog, since I am so new to this I am sure my format and content will be changing and evolving at a fast pace, at least as fast as I change and evolve.. My intent with this blog is to give everyone and opportunity to get the best deals in renting apartments, condos, town homes, and any housing specifically in Uptown, Park Cities, Preston Hollow, Turtle Creek, Victory, Downtown, East Dallas, and White Rock. Basically all of the urban areas of Dallas. I love my work, I own the Uptown Apartment Leasing Center, I have been involved (and still am) in all facets of real estate. I also own a construction company, a real estate investment company, a management company, and a brokerage firm. Feel free to contact me anyway you wish if you ever have any comments or questions. My company the Uptown Leasing Center is able to offer the general public amazing deals on all types of housing. We are the leasing center for all the apartment complexes. Save your time and money buy coming straight to the Uptown Leasing Center to rent your new home.
In the past when you searched for an apartment you had to basically drive from place to place, or call from place to place and then after searching all day you have come to realize that every place you went to was either not the right layout, not the right size, not the right price, move-in dates where not feasible, the terms of the lease were no appropriate, or you just didn't like the look and feel of the place. The Uptown Leasing Center solves that problem for you. We provide a forum for every apartment complex and condo owner one place where you the tenant will have your fair shot at every type of property at once. We have all the availabilities, all the prices, all the leasing terms, floor plans, all in one place the Uptown Leasing Center. What more you get out of is that you might even get a better deal on an apartment because the Landlords are fighting to get the best tenants, so you have negotiating power at Uptown Leasing Center. Once you decide which apartments, or town homes, or condos is right for you, the leasing agent will actually escort you to the units to see if its just right. If the unit is the right price, the right look, the right location, the right terms, the right move-in date, and has all the features you wanted, all you will have left to do, is move in. The leasing agents will help you every step of the way.
I think i am getting a little carried away on this blog thing, but keep checking back and lets see what this turns into!
Best regards to everyone,
Arthur
In the past when you searched for an apartment you had to basically drive from place to place, or call from place to place and then after searching all day you have come to realize that every place you went to was either not the right layout, not the right size, not the right price, move-in dates where not feasible, the terms of the lease were no appropriate, or you just didn't like the look and feel of the place. The Uptown Leasing Center solves that problem for you. We provide a forum for every apartment complex and condo owner one place where you the tenant will have your fair shot at every type of property at once. We have all the availabilities, all the prices, all the leasing terms, floor plans, all in one place the Uptown Leasing Center. What more you get out of is that you might even get a better deal on an apartment because the Landlords are fighting to get the best tenants, so you have negotiating power at Uptown Leasing Center. Once you decide which apartments, or town homes, or condos is right for you, the leasing agent will actually escort you to the units to see if its just right. If the unit is the right price, the right look, the right location, the right terms, the right move-in date, and has all the features you wanted, all you will have left to do, is move in. The leasing agents will help you every step of the way.
I think i am getting a little carried away on this blog thing, but keep checking back and lets see what this turns into!
Best regards to everyone,
Arthur
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