All Forum Posts by: Cecil Russell

Thank you everyone for input. I don't have enough experience in any area of real estate investment so I will pass on this until I have more experience. I don't want the first one to be a flop.

Thank you for that info. I just don't know how we managed to grow up without all this technology at our disposal.

Ms. Scott: I use a wireless cellular security system that you can install yourself in about an hour. No contract-state of the art system. It's called simplisafe.

http://simplisafe.com/

I highly recommend this security system. It can be programmed to notify police if you choose. You can monitor the system from your cell phone.

Sincerely

Cecil Russell.

Thank you very much. That just saved me from making a huge mistake.

Thank you Mr. Owens: I will add these questions to the list I am developing. As I understand it, there is a manager in place and there is 1 year left on the lease with an option for another 5. Would I be able to get you to look at the webpage on the listing and give me your opinion. I haven't made my first transaction yet, but as this business is in my neighborhood, I was interested. I didn't intend to hold it for long unless it has a significant profit potetential which, with our weather here-its spring and summer almost all year long; Cold weather only lasts about 9 weeks a year, the ice cream business flourishes here where it wouldn't in a more northern climate.

The website is a loopnet page.

http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=18747782&SRID=4819353497&StepID=101

Thank you for your time.

Sincerely

Lee Russell

Thank you Mr. Aguillard. If I may, are you familar with the Lease Option method of purchasing real estate? If so, are you aware of any Texas specific rules or prohibitions on taking an option fee is such transactions?

If you donate it, the city is still going to try to get money out of you. Here is HFH website if you decide to donate it.

https://www.habitat.org/cd/giving/one/donate.aspx?...

You should get with a young real estate lawyer fresh out of college. They really work hard trying to get a name for themselves. You might can wholesale it.

I am inquiring about an existing business (Cold Stone Creameries franchise). Records indicates an average annual income of $169,000. The owner is asking $49,000-according to the information sheet on the property. This would be my very first investment deal. I am undecided whether to hold or resell. I would appreciate any information that I should be aware of in this type of transaction specifically, any "red flags" I should look for, specific questions to ask, etc. Thank you in advance.

Trusted Home Improvement Pros>

http://www.homeadvisor.com/

Hi, Newby investor in the Amarillo, Tx. / Potter/Randall County areas of the Texas panhandle. Just getting started-haven't completeld a deal yet. Student of Ron LeGrand and Carleton Sheet.