My new manager for my mobile home park #1 has been a life saver. He is on his game, at least seems honest, and will not put up with bad tenants. If we can get the park fully rented again I will at least break even in the mean time until I can buy more trailers to fill the empty lots available to rent. I am in another deal to buy an 18 lot park, with 18 park owned trailers, all fully rented, for $190k. You might ask why am I buying another park if my first park has gone to shit and I’m not profiting yet? Well I’m pretty ambitious so I don’t let one park bring me down. It will work. I believe in it, the people helping me, and fixing it up to rent fully. So far I have bought a park that is known as the worst/drug heavy spot outside of town. How’s that to know you are a park owner of scum? Hmm…I guess it could be worst. I was once a young man that would run away from this type of situation, now I’m going to go head on and fix it so I will suceed. If I want to be powerful and successful I need to learn how to fix problems. This is definitely a problem and with a $80k mortgage I definitely need to fix it. I will blog more as more trailers are rented out with more progress.
As for stocks. I steadily keep losing my money. It is simply amazing how well I can lose money. I’m not saying I’ve always lost money, but recently since August 2007 I’ve made some big loss trades. I should be making BIG gains, but for some reason I’m not making the right decisions. Granted, I don’t have time to watch the market all day, buy and sell when I want, but I had plenty of opportunities to make a profit and get out without losing the bulk of my money. Now that my down payment I was using to create more money for a deal is down I’m going to have to work and think triple hard to bring my trading money up to where it was before basically $40,000. Currently at $3000 (minus the $6000 that really doesn’t count because its my down payment, well was $10000 I should say).
I admit my ambitious move to put $10k into a trade to earn $20k probably wasn’t the smartest move, but a 50% chance is pretty good I think. Now that the $10k is $6k I’ll have to work it extra hard. I’m already -$8k down for the entire year. Not one withdrawed profit yet. My $40k profit should of been taken out immediately to put into real estate. Dumb me. Well I guess I learn repeatedly the hard way as usual. If I was married and she know would it make it any different? Would she convience my thoughts otherwise not to re-trade the big profit? Probably.
I plan on trading SHLD in the retail season. SHLD has broken its major downtrend and a lot of positive buzz has been on the stock from a billionaire buying up 5% of the stock just recently.
Currently at $151 and a high of $170s I think or should I say by the facts and charts right now seems like a great time to get in. AAPL @161 just moved up finally of course (taking forever).
AAPL might be the better stock going to $200? Whatever I trade it has to move up or I need to sell my options. The time value of Calls slow the price movement up if the stock stays flat and falls. This I have learned. The recent non-farm payroll report boosted stocks HIGH. I should of NOT bought Put options knowing that there was a “rumor” that the payroll report was going to be higher then expected which is bullish. Again, dumb me. Hard learning.
As for the ladies. I took one charming lady interested in the finance field out to lunch. Haven’t heard back from her – going to send her some small flowers. Will this get me any attention? noticeable? probably unlikely, but it is worth the try.
October 8, 2007 | Categories: 2007 option picks, 2007 stock picks, aapl, AAPL Analyst, AAPL stock report, Apple Inc. (AAPL) fan, bad trading, buy AAPL, buying a trailor park, dating for business nerds, dating for dorks, dating for nerds, getting noticed, horrible stock trader, HPU business blog, non-farm payroll report, real estate investor blog, rv park landlord, SHLD blog, SHLD stock alert | Leave a comment
Well last night was quite a night. Plenty of beautiful women yet I “freeze” at every given moment to talk to one. I find it interesting that the women that I call bottom feeders just like men that prey on easier women flock to me. I must be radiating off “desperate nerdy fumes” because some how I get myself into uncomfortable situations. I’d say even after 9 straight hard liquer double shot drinks I’m still sober. A woman hitting on me, completely drunk and vulnerable, starts physically showing her affection. Right there I could of easily took her home and had a successful night to most bottom feeder guys. She was bottom feeding on me, at least I think. Granted I consider myself a pretty nice guy I don’t know how to tell girls I’m not interested so I just try to disappear. I know that sounds crummy and wrong, but what else can I do?
Last night I met a wonderful, cheery, cute woman engaging herself into the finance industy. To me this is a complete turn on and makes her even sexier. But rather when she asks someone to dance, even though I like to dance, I freeze and right at that moment history creates itself. Possibly now that guy will be the guy she personally chooses, and although I have many more simular interests with her and she liked my compliments because I chose to stand there and not act I am virtually non-existent. So then later say I might end up doing something even more incredibly dumb like sending her flowers to see if she remembers me to spark her interests that I’m still thinking about her? Oh, of course, but probably by then any chance will be gone.
Did I also say that I’ve been hitting on a woman 20 years older then me? Okay, shes into business too. She stays in shape and in my opinion is much sexier and prettier then most 20 years I go after, but still maybe too mature for me? She left early because we came together at the bar. I think she likes me, she maybe even had a fantasy, but realistically she would not let me persuade her to date me even if I think shes hot. I was thinking though with the laws of attraction even if I was dating her and we were looking for simular partners in our age group wouldn’t this still attract our opposite sexes for more options? You know how you are married or dating and suddenly all these beautiful women/men suddenly appear, but you are locked in a relationship. Well that is what I was thinking. maybe it might do us some good?
For stocks AAPL has reached $154, but my options have been re-evaluated it seems twice and have only gone up to the price I paid for them. Twice now I could of sold them up $2500. I’m hoping my patience pays off. Current Apple Inc. news has been moving it up. Last year AAPl fell the first week of October through the half of the month. Will history repeat itself? Investors are very optimistic and earnings is in late Oct. The $2900 appraiser is going out to evaluate this new trailer park. I hope everything is an okay and the park is appraised much higher so I could possibly use the funds to purchase a much bigger park by the time I’m out of the USCG. Currently my first park is taking a lot of work moving out tenants, throwing away tons of trash, and getting it up to habitable standards. The new property manager has been a big help and I hope he can handle it. I pray my parks run successfully so I can fly out and take the property managers out to a nice dinner to reward them.
well thats a nerds life for ya.
September 30, 2007 | Categories: aapl, AAPL Analyst, dating for business nerds, dating for dorks, dating for nerds, dating ideas, Dating ideas for Nerds | Leave a comment
Flipping through my market diary I find that many of my stock picks I follow are up around $20-30 pts or 25-40% in price. Specifically AAPL, NTRI, BA, GOOG, SWN, TGT, GME, FXI, and many others. I’m hoping to use some of my diary to get some excellent plays in coming this fall. The stock market has really been rising with todays big increase in the Dow Jones I wonder when the market will flip. Last year at this time oil was hitting highs of $76/BBL and currently we are around $71 from where it dipped at $61. Most of these stocks still have a low PEG score with low P/E. I’m curious if we will have a high priced stock market in the next year or two where we will see the majority of stocks priced over $200 including stocks not supposed to be priced that high which will eventually fall the hardest again.
Currently I’m checking out another real estate deal since this 5-unit apartment building fell through because the seller would not communicate with me so I could get escrow and my mortgage lender setup correctly to buy it. Another property I put on hold was a hotel unit for sale where the hotel pays you X dollars upfront for leasing it from you for 2 years giving you guaranteed rent up to 4 years then your unit goes in a pool to rent out and you collect from that. It is on the Hilton Head Island, GA. It is suppose to be a premier spot in the south east coast so I’m going to do some research on it. It costs $249,000 with a 10% down payment and I’d get back my closing costs plus another $30,000 with in 2 years of closing if I leased it to to the hotel company. But after the 2-4 years I’d be forced to put it into the pool to rent out and unless the hotel shows full occupancy 6-9 months out of the year long-term it might not be a good deal. I would earn $50,000 back in two years which would pay for my student loan of $40,000. It would produce $700/month cash flow if rented full occupancy 12 months a year. I’m going to discuss it with the seller today and think out my options. Even if I made $300/month continually after the 2-4 years it would still be a great secure cashflow.
Besides money life I went to check out a new room to rent and met two cools girls. I ended up not renting the room but asking one of the women out to breakfast and got a “yes”. I didn’t think it would be so easy. So luckily this saturday morning date will be a lot of fun. I’ve never asked out a girl on a date by checking out rooms for rent, but hey nerds theres an idea.
July 12, 2007 | Categories: 2007 option picks, 2007 stock picks, aapl, apple computer blog, BA stock, buying a hotel unit, dating for dorks, dating for nerds, dating ideas, Dating ideas for Nerds, fxi, goog, hilton head island, NTRI, Nutri Systems Inc, ROI, stock news, stocks, trading stock options | 2 Comments
Currently in the world of the finance ninja he has purchased his second real estate deal. The property is an RV/Trailor park in Tennessee. He has also enrolled in 3 online college classes getting closer to finish his BA, and his stocks holdings have still not changed -$21,000.
Why not talk in the third person?
About 2 weeks ago I believe I purchased HOKU JAN 2008 17.5 CALL options. I should of actually put a GTC up 100%, but of course I didn’t. Currently I’m up around 50%. I feel the stock has much more room to grow and I bought tons of time so I could receive a larger return.
Although HOKU is doing well I only had $1000 to invest so due to my negative -$21000 balance on the stocks owned my networth is still very unhappy with my bad decisions during the new year of 2007 trading.
As for my real estate developments I already know what you are thinking. How can I be purchasing real estate with no money left and who would want to buy a trailor park? Well, I went to a real estate game club that plays Rich Dad Poor Dad’s Cashflow and they sell real estate university packages with a website and company that prepares real estate deals for you. I didn’t buy into it, but for a bran new person it might be a great idea. Personally buying real estate isn’t that hard expecially when you are paying all the closing costs for other people to do everything for you. I actually have been looking on ebay.com real estate listing and loopnet.com listings. They offer a site called investorconcierge.com where you have to pay $3000 just to see the listings. Honestly I think that is crazy because there are already millions of listings available you can do advanced searches on to find bargains to start a real estate portfolio. Also to have full access to the site and first picks on the properties that aren’t any better then any others you have to end up paying around $21,000. Now if you want to do that great, but I’d rather take $21,000 and buy a properties or properties with that money instead of waste it on a 40 CD audio/video course I’m never going to take the time to watch because I’m spending 100% of my time on the internet searching properties and talking to professionals about buying them. Setting up deals isn’t hard. If you can do math then you can figure out if the property you are looking at will make you money. Speaking of properties the RV/Trailor park I bought in Tennessee, a state I’ve only driven through going to California, I found off ebay.com. I usually try to avoid ebay, but most people selling properties there usually have no luck selling in town possibly because its too small with no buyers interested or there to flip a properties quickly for a resale for a quick gain, but the property might be still very underpriced for its value. This RV/trailor park came across as an awesome deal if all things work out of course. It has 1.5 acres of land off a main highway near town. It has 10 units with 6 currently being rented. The owner owned all 6 units which were included in the property of sale. Each unit rents for an average of $450/month. Doing some quick math that is $2700/month income. The owner was selling the full park for $90,000 and offered owner financing at 10% if he got the full $90,000 with a mortgage note of $700/month. The owner/landlord pays all utilities of water, sewage, electricity, and cable of around $600/month.
So the net profit off this property with only 6 units rented is $1400/month or $18,850/year because he rents them weekly not monthly so that is an extra 4 weeks of rent (before property management fee of 10% net will be $1100/month). This is more than a seamn or E-3 makes in the USCG or Navy. His auction was up for a little less than 15 days I believe more than enough time for other investors to catch their eye. I’m surprised no one bought it sooner then I did. I basically just did some research on the town, talked to the owner, and found a property manager to take over the property for me since I will be an absent owner. All the seller wanted was at least $10,000 down which was reasonable and my student loans I took out for college and investing since that is my main independent study came to use finally. Anyone can take out a $40,000 student loan from any major lender. It isn’t very hard and you can use them for many things as long as you are a full-time student. I plan to use the remaining amount for a 3rd property and the rest two buy 4 more trailors for the park. That’s right. Four more trailors only renting at $400/month each would increase my cashflow to $4300 with a net of over $2700/month. Most likely my utilities would go up some, but not likely to double. As for why would the owner sell it for so cheap? I asked him. His answer was reasonable. He said he bought it 3 years earlier and it was a dump and dead. He put 6 old cheap trailors on them and fixed them up and now looking to sell it to go onto another deal. I figure he must of not put more than $30,000 into the 6 trailors and the piece of land. So selling it for $90,000 3 years later is an awesome deal for him and myself since the park produces a very good income. I plan to pay off the remaining $80,000 I owe him on a note sooner to increase my cashflow another $700 which would make it around $2100 with only 6 units occupied. I’m pretty psyched about the deal and my property manager seems very sharp and willing to do a good job. The property manager will earn 10% of all rental income so he wants to help me get those other spots filled increasing his cashflow. I will collect my first rent next week around July 11th.
I plan to build it up, buy more trailors to rent, and pay off the note within 2-5 years.
I enrolled in 3 college online classes in HPU. I expect to get underway soon and will likely blog more occassionally because I have nothing better else to do stuck on the boat once my watch is finished. I study, write some music, and research stocks. This is a normal day underway after work. I like to sleep a lot too, but drills prevent sleep so you do everything else in between. I’m finally qualified so I’ll only have to train for drills which will open more time.
As for am I happy? Well that real estate deal even though it cost me $10,000 felt like buying a bran new car even though it is very new or pretty. I haven’t been very happy lately. Actually this girl I asked to dance and talked to at a concert is really bugging me. I really wish I’d gotten her phone number instead of giving her my fun looking business card! Well I guess I might learn next time, or not. I’m getting fat too. As for personal life fatness sucks. No ninja is quick or stealth-like getting fatter. I plan to exercise more, do more push-ups, and sit-ups, but I have yet to get started. Why? Hmm… a little bit of lazy-ness most likely… Underway you usually get fatter since all you do is eat. I plan to only eat cereal and soups. This should cut down and help me keep that extra sea fat off.
July 2, 2007 | Categories: 2007 option picks, 2007 stock picks, asking a girl out, dating for dorks, dating for nerds, dating ideas, Dating ideas for Nerds, getting noticed, HOKU, Hoku Scientific, horrible stock trader, how to ask a girl out, how to ask out hot women, how to become a millionaire, HPU, HPU business blog, mega growth stock, money management, ninja, personal life, Real Estate Blogs, rich dad poor dad, ROI, Saving Money, speculative stocks, stock options, trading stock options, u.s. coast guard | Leave a comment
I feel wi-fitv.com advertising on myspace.com is the best idea for their buck. If they invest half million dollars on banner ads throughout the myspace.com social network it should definitely drive up hits on wi-fitv.com, give it possible station sales from interested older buyers, build up a new database of videos, and bring in new investors wanting to buy a stock at a penny. This by far, in my opinion, will help the image of the company gain popularity which any website needs to do to survive and make the bucks. If you read in the recent news article it says the advertisers gave a commitment because of the new myspace.com advertisign campaign, which is “bling bling music” singing in my ears. The WTVI stock will stay volatile as any penny stock is but it should also move accordingly if older investors and new are enthusiatic about this very positive news. Now it is up to wi-fitv.com to keep alert on any errors throughout it site and contantly updating it to support its web-video interface system.
As for other things going on today I just sent out some awesome daisy crysanthemums to the ladies at the HPU military admin office. They were very charming and laughed at my humorous jokes. Plus there was a really sweet girl there and I like to go out with a bang to get the brownie points and possible response if she’s interested in another chat. So I’m pysched about sending flowers I always enjoy it whether they like them or not. It’s fun! Don’t you love unexpected surprises? I want a caring surprise! Send me something at work and I’ll be blushing all day then blow up or something.
Oh yes. I guess I should also let you know I finally started college classes again enrolled with Hawaii Pacific University. My other co-workers are doing it and if they finishes their degrees before mine I’d get jealous so I guess you can say there is a bit of competition. I decided on a BA in Justice Administration just because I have so many electives in business and I only have 12 core classes left to get the degree. So far my humanities class Sociology has been pretty interesting. I like to study groups of people so I’m diggin the class and the teacher knows his stuff. My other class will be Political Science and I hear that teacher is also a riot so I’m stoked.
April 4, 2007 | Categories: asking a girl out, dating for dorks, dating for nerds, dating ideas, Dating ideas for Nerds, getting noticed, how to ask a girl out, how to ask out hot women, HPU, HPU business blog, online tv site, penny stocks, personal life, profitable penny stocks, sending flowers, speculative stocks, wi-fi technology, Wi-Fi TV Inc., wireless technology stock, WTVI, WTVI.PK | 1 Comment