Abstract:Watching the national news, we can see a pretty grim picture of the real estate business. This session will address the greater Austin area market as a unique entity. What are the long term trends? What determines if a metropolitan area is in a buyers’ or sellers’ market? How can one purchase property with a self-directed IRA? How can one purchase property below market? This session will also address lessons learned from the properties that the Farrell team flipped.
Speaker:Susan Meredith
Speaker Bio:Michael Farrell worked for 27 years in the Semiconductor Products Sector of Motorola primarily in leadership positions. While there he conducted business in 15 different countries and become certified as a Project Management Professional. He retired from there in 2003 and began helping out his wife, Anita in her real estate business and obtained a Texas real estate license in 2004. Besides working with buyers and sellers, he also flipped some properties doing everything from Competitive Market Analyses to pulling weeds. Michael writes a monthly e-newsletter and Deal of the Week.
Date & Time:Wednesday March 25, 2009: networking at 6:00 p.m., business and program from 7:00 to 8:30 p.m.
(Please note the new meeting day for 2009: 4th Wednesday of the month.)
Location:China Star Restaurant, 6134 Hwy 290 E, Austin TX
Directions:Westbound access road of 290E, just east of IH 35
Cost:$5.00 minimum charge for the restaurant. Supper is at optional extra cost.
Reservations:Not required. All interested parties are invited to attend.