Archive for May, 2012


Inflation May Not Be a Dirty Word

Tuesday, May 22nd, 2012

A recent survey of 650 US CEO’s ranked California 50th for its business environment (the 8th straight year). We did receive 4 out of 5 stars for our living environment but only 1 of 5 stars for taxes & regulation. On the flip-side, businesses are out in greater numbers shopping for real estate to buy & lease; property values are below the cost of constructing a new building. So, perhaps inflation is not a dirty word, especially if it is served up in small doses—2 to 4%. I believe a little inflation is our way out of this current real estate market, both in commercial and residential properties.

Memorial Day (this weekend) honors men/women who died while serving in the US military. This occasion has me reflect on many things and asking myself if I have any regrets; I think I do. However, they are from a life-time of taking chances and making decisions. The only thing you can do with regrets is to understand them and perhaps take them into consideration with the choices you make in the future.

This weekend there are lots of activities, from the Orchid Show in Sonoma on Saturday to the Healdsburg Antique Fair on Sunday. Enjoy and be safe!!!

Post Short Sale Timeline

Wednesday, May 16th, 2012

There are a lot of “short-sales” on residential properties taking place; buyers are generally getting good deals but the former borrowers/owners need to relocate. Good news for these borrowers wanting to purchase in the future—new guidelines from residential lenders will allow, after two years, a 25% down payment loan; after 4 years, they will consider a 10% down payment. In Santa Rosa, there is currently a 1 to 2 month supply of homes for sale; a 4 to 6 month supply is considered a “balanced market”. This is a very good time for potential investors/current investors to look at purchasing rental property. So, look for home prices to start rising.

Wish for clear weather this Sunday night, to be able to view the Annular Solar Eclipse. It is the 1st of its type in 18 years and is estimated to blot out 94% of the moon.

Also, don’t forget the Rose Parade this Saturday in Santa Rosa at 10 am.

Honesty and Integrity

Wednesday, May 9th, 2012

In most businesses, including Private Money Lending, honesty and integrity are very important, especially in ownership and management. You set an example of how you expect your employees to act and present themselves. Your clients rely on your experience, honesty and integrity, especially if they are investing money with you or purchasing stock in your company. So, when you read that Yahoo’s CEO is under fire for padding his resume with an embellished college degree, it begs the question – why did he do that? In this climate of social media and the Internet, it was a foolish thing for him to do. Does this affect his ability to run Yahoo? Perhaps it does, to the extent he has potentially lost some credibility and integrity.

Then we turn to the most powerful CEO’s in America, the youngest being Mark Zuckerberg (Facebook) at age 27 and Larry Page (Google), age 39. They may not have gray hair but they do have creative vision and a lot of energy. It will be interesting to watch the initial public offering of Facebook in the next few weeks, estimated to reach trading at $100 Billion. Keep in mind that Zuckerberg owns enough voting shares in the company that his decisions cannot be overruled by outside shareholders.

Several Mother’s Day events this weekend, if you don’t have plans: Open Garden in Healdsburg, call 707-433-7455 or Plant Sale at Luther Burbank Home/Gardens in Santa Rosa, call 707-524-5445.

Don’t forget the Rose Parade, Santa Rosa, next Saturday, May 19th, call 707-523-3728.

Great News!!!

Wednesday, May 2nd, 2012

In the Private Money Lending business, we experience ups and downs and it is a challenge to maintain a positive attitude.  However, we are receiving offers and are even selling some of our REO properties.  Some properties are being sold for cash and some are seller-carry for two or three years.  So, this is great news, especially for us and our lenders.

So, speaking of great news – The SF Giants come through once again!  They invited a 9 year old and his family to attend a Friday night game and meet his favorite pitcher, Tim Lincecum.  The young man came to the aid of a choking classmate, slapping him on the back several times to dislodge the food stuck in his throat.  Go Giants!

I am also pleased to see the AMGEN Bike Race is back once again in Santa Rosa.  The race starts downtown on Sunday, May 13th; however, several participants are coming early to take advantage of all the great places to see in Sonoma County.

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