Software Analysis Programs are Awsome Which to Buy? - 03/25/08 08:58 AM
 
Ok, so there are like 79,530 members of Active Rain now...Over 2500 online, thats enough unless all at once there is a massive coffee break. As we get more members, I notice we have a lot more cut and paste articles coming on, some posters lay 5 or six on at once, one right after another. They have one paragraph, enough for the minimum word count, and the next post picks up right after that with the next paragraph or so...Whats up with that...Points I guess...
Anyway, I am over here at Developers Capital Realty, LLC with a job on my hands. … (5 comments)

Forclosure & Short Sales Defined - A Compilation of Links in 1 Post - 03/23/08 08:21 PM
 
For the Foreclosure Geeks like me out there, here is a site I found, I think I may have paid for it...I spent weeks ssending  off for everthing I could get cheap on Ebay..I literally have over 20 seminars on Cd, books and tapes.
What that means is that I now know enough to leave them alone unless they meet very certain criteria. My criteria meets my needs and those of my investors, and have a high potential for actually either be able to close in a short sale transaction..OR be able to take the property over subject 2 and close quickly, … (3 comments)

Great Examples of Active Rain Posts That Will Be Found On Google - 03/22/08 08:29 PM

Welcome to the Active Rain Blogging world. Its not often you will find a forum like Active Rain. If you are looking for a way to move up on Google, then this is your best bet. In fact, I cannot believe how quickly blogging on Active Rain will make a difference.
I suggest using phases that will show up in normal searches for your area in your blog. If you are in Lake County, Fl, then use Lake County, Fl in your blog. If you put a title like " Short Sales Specialists in Lake County, Fl in your title, then when … (12 comments)

Wake Up Rainers, Dont Listen TO NAR - 03/22/08 05:56 PM
 
One day I  will get that link thing under control.. In the mean time, I have been surfing Active Rain and other links..What a story I found, the former President of the NAR cannot properly price his house. He chose to list it over the market, and continued to to drop behind the market, waiting too late to drop.
And now, two years later, it is still on the market, nearly 200k less than what it started at. How can we trust the NAR to guide us when even the President is caught up in his own Rhetoric. The market is not improving, … (14 comments)

How to Make points on Active Rain, A Short Tutorial, Not Approved by Bob Stewart - 03/22/08 05:02 PM
 
 
Hello Active Rainers...Points are an easy commodity on Active Rain. For some, it appears it is the only reason for being here. I just found a series of posts that are obviously cut and pasted from some article on-line. One article right after another, with her smiling face right beside it like she is proud of her accomplishments.
So anyway, back to the tutorial. Start by naming your post with something like How to make points on Active Rain, a Short Tutorial. Actually, if you just combine some of these phrases together, it may work just as well.
Also … (27 comments)

Rambling on about Timing in Life, As Per Double Double Mocha Expresso Smoothie - 03/22/08 03:43 PM
 
Hello Active Rainers wondering if they should stay in the business...Maybe so, maybe not...Maybe there is a niche you should be in, maybe a different town to specialize in. Many are frustrated and running out of options. With this in mind, I offer this post. I started tis as a response to a Post from Katerina and Nestor from Wellington Fla. They offer great advice to all Realtors, and I have read all of their posts with great interest.
I never was cut out to be a "normal Realtor". SO maybe I should have never went into the list a house and … (1 comments)

I Quit Working ( For 3 whole Days) - 03/22/08 12:23 PM
             
    Its a rainy Saturday Morning in the neighborhood. Its quiet, and outside our window is a large tree with a dozen or so small birds that are learning to fly..Thier occasional light chirping is all that interupts the quiet of this Saturday morning. This is the beauty of living in Leesburg, Fl....quiet country life within minutes of all the advantages of a small city...malls, resturants, shopping...
     Being from Florida, I don't keep up with the seasons, but it feels like a rainy Spring morning. Temps are in the low seventies, with a light rain, and just enough breeze to move the … (11 comments)

Should You Take Cover or Look For Deals?? - 03/17/08 10:25 AM
 
 The Overseas Markets are going crazy. The mortgage backed securities are being dumped, and no takers are in sight. Bear Stearns, is experiencing an old fashioned Run On The Bank...and there is no cash left, just a few billion dollars worth of now devalued securities that can't be used as collateral any more.
So Last night, before it could get any worse, JP Morgan Chase makes a deal to purchase Bear Stearns for $ 2.00 per share..........My email inbox this morning is full of sideline investors that are wanting to get started on making their move...or should we wait a bit more....How … (6 comments)

Finding SUbdivisions For Sale... - 03/16/08 09:48 PM
 
My name is Mike Norvell Sr, and I am with Developers Capital Realty, LLC.  Our current emphasis is on finding subdivisions that are close to going under. We will examine the property, go over all the financial we can find, and then make an offer...
It seems so easy,  but many subdivisions in trouble do not advertise. I still do not know where to look for the category, Subdivisions in Trouble.  I talk to builders, loan officers, and other Realtors. I call on Commercial Realtors to discuss what they might have heard.
If all that fails, I send my buddy the dog out … (5 comments)

The future is happening Around You Now - 03/15/08 07:10 PM

Its 5:30 AM and I am reading the updates from the Orlando Business Journal.
In it we can find who is getting promoted, who is getting relocated, who is looking for a way out. There are clues that may be interesting to those who want to know which way your area is growing.
The Business Journal has a neat little button up top on the right. This button is on a drop down box that allows you to look on-line at 20 or so other Local Business Journals, from Atlanta to Portland, to Phoenix Arizona. Houston has one too. See if there … (9 comments)

We need investors, they need us too! - 03/14/08 09:03 PM
 
Many Investors are really looking for guidance. We as Realtors have tools and training to find what the normal consumer can't. The MLS is a super tool, and it's getting much stronger all the time.
I have been working with Iinvestors now for quite a while... I quit pursuing them after becoming a Regular Realtor working floor time in a busy office. Before I knew it, I was chasing around like the rest of the crowd, becoming what Jessica Horton calls a Pop Tart Realtor. I tried being all things to all people, worked all the floor time I could get, and … (8 comments)

Just Say no, Not This Time, Thank You - 03/14/08 08:12 PM
 
There comes a time in your life when you recognise the choice in front of you. It's one you have seen before. Sometimes it's disguised as a slightly different version of the choice, but you have seen this dilemma before.
What do you do?? Do you just blindly move ahead and try to navigate the situation a bit differently this time?
After all, we are now wiser, more advanced and greater skills at our disposal. It shouldn't be this hard. If there were a red hot poker sticking out of the fireplace we wouldn't try it one more time. We would know the … (4 comments)

Please leave Your Snakes At Home! - 03/12/08 09:06 AM
 
We have to be so careful of headlines..How many times have you found a story did not reflect the headline?? 
Lately, My Reading Material has changed. I don't mean i went from Dear Abby to Hints to Heloise. In my new position with Developers Capital Realty, I have  made a change from one house at a time to whole subdivisions. From one lot at a time to large tracts of raw land. I am basically doing the same thing as before, it's just on a bigger scale. Much bigger.
Funny how reading the local Realtor mags and perusing normal Realtor websites have left out … (5 comments)

Whos sorry now? Lake County is Up and Down.. - 03/11/08 02:03 PM
 
I am not believing the pricing around here. Its up in places and down in others. I am looking at a older medical building that was over 2 million and now ..who knows.. 800,000 maybe...if you can find someone to buy it. It might be better served to bulldoze and go for a more modern look.
But, in other areas, not far away, NEW medical buildings are under construction, and not far from there there are newly completed professional suites that are awaiting ....ahhh  professionals...Can you say vacant..I was driving around looking at the area last week with a local developer, and all … (2 comments)

Who is MInding the Store - 03/08/08 04:09 PM

Its been a week since Hillary won a few states and declared victory. Obama won 11 states in a row, Hillary wins three,and suddenly the tide has turned. I still don't hear what either one of thiem will pledge to do about the mortgage crisis. Or about the runaway fuel costs.
I know many people say this is no place for politics, but where else should it be. We are in a very governmentally regulated business, it is important to us who is going to be setting policy for the next 4 years at least.
John McCain is getting amazingly old, no … (7 comments)

Top Secret..Eyes Only - 03/07/08 03:39 PM

Well, its been a week since I blogged about what we are doing here at Developers Capital Realty, LLC. To say that we have been busy is an understatement.
The problem is I am having to do non disclosures/ non circumvent papers on most everything we are involved in. But  I will say this....Fla is getting poised for a comeback,a nd even though it will not happen for  a few years, the prices you see now will be considered the good ol days by the time we get to the 2010-2011 time frame.
Developers Capital Realty is actively seeking subdivisions and platted … (0 comments)

DID YOUR FEES GO UP AT YOUR BANK YET - 03/07/08 03:16 PM
I FOUND THIS TODAY, FROM THE SEATTLE TIMES
Its another joke...its serious, but its a joke...like Congress voting for a raise for itself...It appears that Wahingotn Mutual, you know, the famousWAMU, is struggling badly. SO, in order to keep nearly 3000 top executives from jumping ship, the board has voted to exclude  the costs of thier bad loans and foreclosure expenses when figure the bonuses for 2008.
Well, lets see, aren't these people the same ones who agreed to these loans?? Isn't it enough to work for the salary that they signed up for..What type of bonus are they getting paid on....bounced check … (6 comments)

Over 7 Million More Are Coming - 03/07/08 10:16 AM
 
Well, its about time...
Imagine the difference in the local foreclosure rates if this had happened sooner! Imagine how many homes ...(Read families, Read Broken down Homeless Families)....Imagine how many could have been saved with a change in the predatory lending practices that were not only allowed..They were promoted as a great thing... 
Who was screaming out loud on CNN back then.............
What am I referring to??.. Why the FHA loan limits committee has finally responded to the pricing runup of one to four unit homes. I think its fantastic. But, why so late?? Maybe if we had not been sending trillions of dollars overseas … (5 comments)

Looking for Deals That Make Sense - 03/04/08 03:25 PM
 
What a way to work in the rain...today its rain for real in Central Fl.
Now that I working commercial again, and vacant land, do you think it would be any easier to get good listings?
In short, no, in fact hell no. The prices are all over the board. Lower than they were, but...
The big differerence is in finding comps. Anyone know what 70 acres of vacant land with a 20 acre wandering spring fed lake is worth?? Well, it depends on what you want to do with it. DO you want to buy the property with the current zoning, or … (5 comments)

What is A land Trust - 03/04/08 01:03 PM
Wow, when you are looking for specific info, you can occasionally find it the first time out. Such was my luck in finding current info on the difference between land trust and land banks, and why they are occasionally used interchangably. Of course they are different.
I have flagged this myself as a paste and copy article...I see no reason to attempt to paraphrase a well written article just for points...This is current, and from the source. All links are still in, those of you that are into greenspace and development issues, and mitigation projects should enjoy this! The rest of you may … (1 comments)

Developers Capital Realty, LLC Seeks Mobile Home Parks - 03/01/08 04:06 PM

 
Developers Capitol Realty is actively seeking mobile home parks in Fla. We have an investor group that is ready and willing to purchase mobile home parks in good shape and with over 100 units.
The investor that we represent would prefer the parks not be on the coastal areas of Florida, and that the parks be up to code if possible.
We are prepared to sign and deliver both commission refferral agreements and non disclosure agreements in order to protect other brokers or principles. We do have a timeline to purchase these properties, so please contact Mike Norvell Sr with all relevant … (3 comments)

Yes, Its A Longhorn Tailgate Business Picnic for Developers Capital Realty - 03/01/08 01:40 AM
 
One of the perks of my new job is being outside a lot.One of our clients owns a cattle company...Yes, the big things with horns and hooves...Think hamburgers!! They certainly  have a lot of cows.  There is a very good reason for a land developer to have cows. Its because we have so much property, Y'all.
 Reason # 1 ...If you have enough cows, you don't have to mow the properties. 
 Reason # 2  ....The open raw land looks great with cattle on it...Ever passed by a bunch of cattle grazing with your kids..they love it... 
Reason # 3 Our clients are are really cowboys at heart, and … (6 comments)

Blount Development Group Opens Real Estate Brokerage In Leesburg - 03/01/08 12:36 AM
 
Hello Active Rain, I have an announcement again!
Effective Feb 28, 2008, a new Real Estate Brokerage is now in business in Leesburg, Fl. The new brokerage is called Developers Capitol Reality, LLC.
Developers Capitol Realty, LLC will focus on larger acquisition projects in the State of Florida. One of it's primary clients will be Blount Development Group, LLC. Rick Blount is the Corporate President of the Brokerage, and Rob Arrington is the Lic Broker. Mike Norvell Sr will operate as a buyers agent for the Brokerage, and will seek out Motivated Commercial listings as well.
 Blount Development Group, LLC is actively seeking financially troubled subdivisions … (2 comments)

 
Mike Norvell Sr / Norvell Consulting Group (Morris Williams Realty)

Mike Norvell Sr / Norvell Consulting Group

Leesburg, FL

More about me…

Morris Williams Realty

Address: 34025 Lee Ave, Leesburg, Fl, 34788

Office Phone: (352) 408-7111

Cell Phone: (352) 408-7111

Email Me

A collection of thoughts and ramblings from one who is known for thinking a little and rambling a lot. Please enjoy the posts and add your thoughts. Together we can make a difference in our chosen field of Real Estate! Get great free widgets at Widgetbox! Get great free widgets at Widgetbox!


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