Good Blog

We need to meet. It has been awhile since we last talk to each other and it's past time to check to see where we are at this point. Let's schedule a meeting within the next week.

 Candice

From Times Dispatch:

http://www.inrich.com/cva/ric/news/business.apx.-content-articles-RTD-2008-01-29-0030.html

 Candice

Hey guys,

We're going to continue with the topic of creative financing

Let's look for organizations who are willing to offer financial assistance through loans, grants, etc. We will dicuss our findings at this Saturday's meeting. This will be a strategy meeting so let's put the thinking caps on and be prepared to offer suggestions on how to grow this business.

Candice

Good Morning,

The weekly topic for this week will be something that you have unanimously chosen, creative financing.

Since there is a pretty strong possiblity that we would need to seek alternative sources of funding, let's do some research on how others are obtaining their financing.

In addition to our research, everyone will be required to contribute one fundraising idea that could benefit the business.

We will talk via google talk, Saturday night, January 26. Make sure you're connected to google talk and have a screen name. My google talk e-mail is judiesdream@gmail.com and my screen name is CJ Walker. Add me on and I'll accept.

If you need some assistance, contact Charlie.

 Candice

Here's some good articles from the Times Dispatch:

http://www.inrich.com/cva/ric/news.apx.-content-articles-RTD-2008-01-13-0086.html

http://www.inrich.com/cva/ric/news.apx.-content-articles-RTD-2008-01-13-0088.html

http://www.inrich.com/cva/ric/news/business/realestate.apx.-content-articles-RTD-2008-01-13-0089.html 

Candice

Just a reminder that the Weekly Topic for this week is our market competition.

There are two types of competitiors, direct and indirect:

A Direct competitior is a business that focuses on offering the exact same product or service that our business offers.

An Indirect competitior is a business that offers the same product or service, BUT it's not the core aspect of their business.

This week, let's find Goodworks' direct and indirect competitors. We'll discuss this at our next meeting

Candice

Here's some slightly dated, but excellent information on Richmond. Click on the links to find out some great demographics. There are numerous zip codes available.

http://www.city-data.com/zips/23223.html

http://www.city-data.com/zips/23220.html

http://www.city-data.com/zips/23222.html

Enjoy

Candice

Good Morning,

Check out these resources for crime stats in Richmond and Henrico. These databases could be very effective resources for us. Take a few minutes and play around with the websites- you can search by neighborhood or police districts:

http://www.ci.richmond.va.us/police/Crime_Incident_Info.aspx

http://www.co.henrico.va.us/police/policesearch.html

Candice

I found some great information on the Richmond market and so I put that information into a word document. You can retrieve this document by going to the Good Files section and downloading the Richmond Market word file. Let me know if this is helpful.

 Craig!

Good Evening Guys,

This will be the format of our reseach topics called the Weekly Topic.

Each week, a new topic will be posted on this blog. We will have at least one week to do our research and then we will discuss our findings via conference calling or our next meeting (depending on which event comes first at the time). Research findings may include websites, articles, videos, books, guest speakers, etc. Be creative- our main goal is to educate each other.

The first weekly topic will be the Richmond Market

Since we are scheduled to start our first flip in March. It's essential that we are fully knowledgeable of our market. In my opinion, if we don't know our market, we've have already failed. This week, let's find some demographics about Richmond and current real estate trends that needs focusing. Let's schedule the deadline for Saturday via conference call. Have fun

Candice

Check out these sites. Look at them and pray about what are plan of action should be when it comes to funding. Also lets look to pull our credit scores soon so that we can know where we stand.

http://www.lendingclub.com/home.action

Craig

Here's some facts about foreclosures in our state:

 http://www.inrich.com/cva/ric/news.apx.-content-articles-RTD-2007-12-23-0100.html

Candice 

Good morning,

Here's some information about the market conditions in relation to home construction. It's not our expertise, but it's vital to know how the current situation affects many areas of the real estate business:

 http://customwire.ap.org/dynamic/stories/E/ECONOMY?SITE=VARIT&SECTION=US&TEMPLATE=DEFAULT&CTIME=2007-12-18-08-48-30

Take a few minutes and read this article.

Candice

Hello All,

Hope you've been getting your learn on. If you haven't, here's a start:

http://realestate.about.com/od/realestatebasics/All_About_The_Business_of_Real_Estate.htm

This site has some basic real estate principles that we need to know because we have to know our stuff.

Enjoy

KNOWLEDGE IS POWER!!!

Candice

P.S. I agree with the follow-up on Patrick's Flip

Here's a website listing several certified home inspectors for VA. We have to make sure our homes are livable:

http://www.cvashi.org/richmondinspectors

That's all for now. Looking forward to having a productive meeting

 Candice

What's Good Team?

I have some more great links for everyone to check out. Please view this Article from Black Enterprise: http://blackenterprise.com/wealth/wealthopen.asp?id=3838

Please visit this site for credit Information and assistance and also check out the information on building business credit: http://www.rebuildcreditscores.com/

If you want some information on house renovations and some idea's visit this site: http://www.thisoldhouse.com

Remember Team that We must stuck together and work together in order for us to achieve our goals!

Craig!

ACORN is an organization dedicated to the revitalization of older properties. A must read. They also sponsor several seminars on the lending process. I usually receive information about the seminars via e-mail and I'll make sure to inform you about the next meeting because we all should attend (breakfast and a seminar day, maybe?). Enjoy

http://www.richmondneighborhoods.org/

Candice

P.S.- Since we all are using the same account, we should make sure we place our names at the end of each of our post to ensure accountability of our contributions to the site.

Family check out this link from richmondgov.com. We can use this resource in our property search.

http://www.ci.richmond.va.us/departments/RealEstateServices/

Check out this article:

http://www.inrich.com/cva/ric/news/business.apx.-content-articles-RTD-2007-11-30-0071.html

 P.S. Keep me in your prayers

Candice