Real Estate Investors: Why you WANT Dallas Cash Flow Properties!

To all of my Investor Friends and those who want to be my friend...I mean who want to be Investors!  :)

Watch this quick Intro to the Webinar we will be hosting next week!  You know that you need cash flow properties in your portfolio, and we will show you why you WANT Dallas properties to add to your asset based investments!

Let me know if you want to join the one hour Webinar on this turn-key investment opportunity!  Kendra@DallasAPM.com

https://attendee.gotowebinar.com/recording/5838413685979515392

In the News

March 14, 2012

There was good news on the employment front last week, as non-farm employment rose by 227,000 in February, and the unemployment rate continued sitting at 8.3 percent, the Bureau of Labor Statistics reported last week. The total number of unemployed persons was at 12.8 million in February, essentially unchanged from January.

Also seeing little change from January was the number of long-term unemployed (those jobless for 27 weeks and over), at 5.4 million in February, which accounted for 42.6 percent of the unemployed. The number of persons employed part time for economic reasons (involuntarily working part-time because their hours had been cut back or because they were unable to find a full-time job) also was basically unchanged from January, sitting at 8.1 million in February.

Major contributors to February's job gains included professional and business services, which added 82,000, health care and social assistance employment, which rose by 61,000, leisure and hospitality, which increased by 44,000, and manufacturing employment, which rose by 31,000.

Looking at more recent employment news, first-time claims for unemployment insurance filed during the week ending March 3 reached 362,000, representing a gain of 8,000 claims from the previous week's total of 354,000, the Employment and Training Administration reported last week. The total population of unemployed workers in the week ending Feb. 25, increased by 10,000 people to 3,416,000, the Administration also reported.

Meanwhile, consumer credit reached an annual rate of 8.5 percent in January, the Federal Reserve reported last week. Non-revolving debt, such as car and student loans, saw the largest gain, a $20.7 billion boost, which was the largest increase those types of loans have seen since November 2001.

Non-revolving debt's increase was at a sizable annual rate of 14.74 percent, pushing it to $1.71 trillion, up from December's $1.69 trillion. Conversely, revolving credit, such as credit cards, dropped at an annual rate of 4.5 percent, sliding down to $800.9 billion, down from $803.8 billion in December.

New orders for manufactured goods placed in January dropped by $4.8 billion (1 percent) to $462.6 billion, after a 1.4 percent gain in December, the Census Bureau reported last week. Shipments of manufactured goods continued an eight straight monthly gain, rising by $4.1 billion (0.9 percent) to $463.6 billion, and unfilled orders, which have increased in 21 of the last 22 months, ratcheted up by $5.4 billion (0.6 percent) to $917.9 billion.

Inventories, which saw gains in 27 of the past 28 months, gained $3.9 billion (0.6 percent) in January to $614.7 billion. This was at the highest level since the series was published in 1992, and followed a 0.2 percent December increase. The inventories-to-shipments ratio for January was 1.33, unchanged from December.

This week we can expect:

• Monday — February Treasury Department budget.
• Tuesday — February retail sales data from the Census Bureau; January business inventories from the Census Bureau.
• Wednesday — February export and import prices from the Census Bureau.
• Thursday — First time jobless claims data for the week ending March 10 from the Employment and Training Administration; February producer price index from the Bureau of Labor Statistics.

Friday — February consumer price index from the Bureau of Labor Statistics; February industrial production and capacity utilization from the Federal Reserve.

Thanks,

Jenay Bowen

Senior Loan Officer- Certified FHA Underwriter

Nmls#207433

Office (972) 840-3388

Fax (972) 497-6496

Email:  jbowen@servicefirstmtg.com

Apply now at www.servicefirstonline.com

Named Nationally as Top 40 Mortgage Professionals under 40!

In the L Streets of Lake Highlands...we did this one for some awesome friends/investors from NY!

We're in the Option Period on this Lake Highlands property!!  WAHOO!

Back on the Market and Priced to Move!  Near White Rock Lake!

Alpine Property Management Seeks Admin. Assistant!

Alpine Property Management is seeking an Administrative Assistant that can speak and read fluent English and Spanish!

Hours are flexible!  Offering $9 to $10 per hour and there are great opportunities to earn bonuses while learning valuable skills in property management and real estate investing.

Candidates needs to be friendly, task oriented and have strong computer skills!

Email Resume to Kendra at Kendra@KendraEdwards.com

Fabulous Woodbridge Golf Community Home with Pool!

Take advantage of this Buyer's Market! This house should sell for well over $200K all day long, but we are definately in a Buyer's Market and we are moving into the slow season so someone is going to STEAL this home for under $190K!  4 Bedrooms! 3 FULL Baths, plus a powder bath! Formal Living and Dining! Breakfast Bar and Breakfast Nook! Family Room with Fireplace! Covered Patio with 2 ceiling fans....and a sparkling blue pool...I could go on and on!  The 4th bedroom has it's own full bath, perfect for the mom-in-law, guests or the oldest child! The kitchen is to die for with tons of cabinet space, resurfaced counters, a large island, and my favorite, a built in desk!  It is perfect for the kids doing homework, but I personaly would make it the MOM COMMAND CENTER!  :)  The pool is off to the side of a huge yard so you still have plenty of back yard space and the pool is secure! All of the old gold fixtures are gone...replaced with new brushed nickle and the old flat mirrors have been replaced with modern decorative mirrors to really spruce up the bathrooms!  Forget all the marketing hype, this is truly a steal!  A golf course community home with all of these features for only $189,333 is insane!  An excellent investment...instant equity!  We have to move this one fast so call me if you want a private showing! 

We will be posting open house dates soon! 

NEW PRICE!

SMU Students...Park Lane Living with Park Lane Perks!

Your Cell Phone Camera...it aint just for Grins!

The other day we met with our contractor for our property in Royal Chapel, and I had to giggle a bit, because he did something I would have never thought of, and I thought it was brilliant!  Yes, for as much as I like to brag about all the great ways I am now trying to use technology, my thinking is still so "inside the box"!

He needed to know the model numbers of the appliances that we picked out, so that he could make sure the openings in the custom cabinets were the right size, etc.  I had the model numbers written on a post-it note.  I handed him the note, and immediately looked for a pen, so he could write the numbers down...but he didn't have a piece of paper either, so I just said, "that is okay, you can keep that!" 

All the while he is holding his phone and moving around, with the phone pointed at the post-it.  I thought, "oh, he will just type it into his i-phone, of course!" 

But NO - he didn't type anything...he was moving around looking for the right lighting because he TOOK A PICTURE of the post-it!  Oh ya, gotta love the AH-HA moment!

Now I didn't want to LOOK surprised - of course I would have just taken a picture of it too...NO - I wasn't looking for a pen and paper like a caveman....I knew he was looking for good lighting all along!  NOT!!!!

Then, this morning - during one of the few quite moments I have a month, I was reading the Texas Realtor magazine and came across this article: "Nine Ways your Phone's Camera Can Make Life Easier!"  And it is all so clear to me now...my crackberry camera ain't just for capturing grins...check out all this other cool stuff I can use it for!  I feel so liberated!

1.  Find your car:  Can't remember if you are in B-2 at the airport, or was it G-2?  Wal-mart isle 9 or was that the last time you were at Wal-mart?  Just snap a picture!!!!  Brilliant! 

2.  Stay safe - this one is for my Realtor friends...take a picture of the person you are showing houses to and send it to a friend or the receptionist at your office!

3.  Remember that error message on the computer screen...now why have I never thought of this one?  It is so frustrating trying to remember that message to tell Jamie so that he can fix my computer!  Again....brilliance!

4.  Perfect for my property management biz, avoid the it was like that when I moved in story.  However, I do a full photo inventory of all my properties, so probably won't be using the crack-camera for this one.

5.  Find your hotel room - those card keys don't have the room number on them...what if you forget your room number?  I could see me doing this!

6.  Scene of the Crime photos....fender-benders, etc.  I have to admit, I probably would have thought of this one on my own.

7.  Before you take it apart...STOP!  Before you disconnect your cable modem, wireless router, printer, laptop dock, etc. to diagnose a problem, take a picture.. Excellent idea!

8.  Remember the wine - now this one is a great idea!  Snap a picture of the bottle!  Then when you drink too much of it...no worries - just hope that you remember that you took the picture!  :)

I feel like a whole new world of ease has been presented to me!  Color me SNAP HAPPY!

Calle Hanby is Ready to go on the Market!

We are so excited about this project! Initially, we had planned on helping another investor re-hab this one, but things moved so fast, that they couldn't secure their financing quick enough, so we ended up re-habing it on our own - we could not be happier with the way it turned out! Special thanks to Allen, owner of The HR Group for an amazing, and FAST renovation! It looks fabulous!

I will post some before an after pics soon!

811 Rainbow Under CONTRACT!

We are in the Active Option period! Excited about the Buyers, they love the house! We should close at the end of April....just in time for swimming season!

Rainbow Renovation

Our Richardson Project is complete and on the market! Listed at $192K we are priced to sell!

Average days on market for this area is less than 30...with award winning schools, easy access to major highways and top-notch shopping close by, few homes come up for sell in this area, so we expect multiple offers!

Everything is NEW! Visit http://www.811rainbowrichardson.info/ for all of the details!