10 New Players!

Wowza! I was so excited that we had so many 1st timers come out. They all brought so much energy. I was afraid the librarians were gonna kick us out! Thank you to the facilitators at each table, you really stepped up and helped out. (Carlos, Chris, and Gloria) I truly appreciate you guys and I had a wonderful time, I hope all of you did as well. I thoroughly enjoyed meeting all the newcomers and can't wait to get to know you.

There were 4 games in play. There were 3 at first b/c we didn't have enough gameboards, then Joseph arrived with his game...woohoo, thanks Joseph. Everyone got out of the rat race and game winners included Lillian, Diana, & Gloria. Lillian and Diana were 1st time players! Some of the prizes chosen were Cashflow 101 egame & Rich Dad's "You Can Choose to be Rich" 12CD set.


Who rolled? (17)
Alex, Carlos, Chris, *Diana, Esther, *Fanny, Gloria, *Herman, *Joseph, *Justin, *Lillian, *Penny, *Reshard, *Robin, Tina, *Tyana, William.

Also of note:
Herman has info on a Restaurant for sale
$3000.00 for furnished business
$600.00 a month for rent
Near downtown city hall Killeen
email phoenixhoward@gmail.com for more details


Next Game Where & When
Kouma Community Center
Fort Hood, TX 76544July 21, 200710:00AM-1:00PM
RSVP Here NO MILITARY DECAL NEEDED


Real Estate Trivia

If an auctioneer sells a business on which Notice of Intended
sale has been recorded:
A. He must have a real estate license.
B. No public notice of the sale by advertising is required.
C. He is personally liable for any losses to the merchant's
creditors.
D. The seller is not required to remit a sales tax on the furniture
and fixtures in the sale.

An auctioneer selling a business, on which a notice of
intended sale has been recorded, is reqiuired to have a
real estate broker license.

The correct answer is:A. He must have a real estate license.

Member Resources

Occassionally I run across something that I think the club may find useful

1. As some of you already know a good indicator of a motivated seller is vacant property. Another plus would be if the property owner lives out of state. They may be motivated to sell at a discount vs. dealing with a long distance hassle, especially if the property needs repair. I have uploaded a list of Bell County out of state residential property owners on the meetup site. So if any of you are interested you can get it here.

2. Banks want to loan money. Put together a book that has all the information you banker needs to say "yes"! This PDF guide booklet will help you compile a solid proposal for your banker.

3. http://www.zillow.com/
This is a quick and easy way to look up the value of a property. Remember that you should NEVER use just one source to base your very important business decisions on. Always look to reliable professionals to assist you with the valuation of an investment property.

4. http://www.ideawins.com/ F.R.E.E. accounting software
Office Accounting Express
Full featured accounting application provides a single place to manage your company's business finances with the familiar look and feel of Microsoft Office system programs
Get started quickly with familiar Office look and feel
Create invoices, track sales an9d pay vendors
Sell online with eBay and PayPal sales tools
Bank online with thousands of financial institutions
Access integrated services for payroll, credit card processing and more
5. http://www.getrealrei.com/
The couple that run this site also have a great podcast that I really enjoy. Check it out if you get a chance. You can subscribe to it through iTunes or you can listen to recent shows right from the website.

Happy Investing!


If any members want to share anything they have found then please email phoenixhoward@gmail.com