Saturday, July 18th, 2009--From Shoes to the Tea Party and in between... Part 1 of 2
This morning's mission: Find a new pair of Converse All American Light Sneakers to replace:
Can you imagine? Not a store carried what a teen wanted.These are her favorite shoe. Nothing else will do. When I picked this pair up for a photo shoot, Skye warned me: "You better not throw them away!"
Then my thoughts turned to the opening of the Promenade. Along with the Promenade comes a:
Yippee! (Photos of outdoor advertising in Seminary, Mississippi.) Although we already have some good shoe stores. Whose to say that the Watermelon Patch would have Converse All American Lights in women's size 7 1/2? They could end up like the other stores. NONE. Hey, we can go online ya know. There is just something ultimately interesting about a shoe store called Watermelon Patch.
Skye and I decided to do a full circle and stop by Avondale to check on a couple of properties, then stop at the office in Biloxi, winding up at the Edgewater Mall on Hwy 90 to hopefully eventually give the shoe story a happy ending.
Incidentally, our North Biloxi properties are only 4 easy breezy miles from the I-10/I-110 Intersection. I am sure you have heard of the Promenade Power Shopping area scheduled to open in October...Well, this special intersection is already well endowed on the NE side of the intersection with super stores like: Walmart, Lowes and various other retailers, hairstylists, and dining of all types. Both sides of the intersection have gas stations/convenience stores and nice hotels.
North Biloxi properties are in prime position! (Guess where my area of focused responsibility is?) :-) Yep, you guessed it.
The CAL Realty Group has properties spread throughout Harrison County, however. My personal focus is North Biloxi. Except in personal referral circumstances, I generally pass inquiries outside of North Biloxi/D'Iberville to one of my CAL PALS that know their areas better than I do.
One of the really neat aspects of working with CAL is the versatility. Currently we have an Inventory reduction $ale. Though I represent the owner, the buyer can't help but come out ahead in the Town Home/Duplex market.
If you are moving to the area, it will benefit you to give me the 1st chance at helping you get settled. If you want to rent awhile before buying--CAL has an excellent "Nesting" program. As long as you buy or build within the CAL Group--you can get from 20% up of your rent returned to you, depending on your plan.
I represent several investors that have homes set aside in the SRAP program, or Small Rental Assistance Program. These investors can help you get back on your feet in new homes with lower than hud defined market tental/lease rates.
A word about SRAP... As prospective resident you only have to qualify once. If you do better next year, its ok. According to my SRAP Source, you do not have to qualify again as long as you stay in the same home. This can work to your advantage if you expect a boost in income. Please do not think of SRAP as Section 8. The programs are not the same. SRAP does not pay any of your rent, your rent is not subsidized--taking time to qualify simply opens up wider choices for you with some aggressive rental rates set aside for folks at the income levels above. Please note that you should be budgeting approx 30% of your income for rent, or CAL qualify with your income a minimum of 2.5 times the rental rate. Hey--call if you have questions.
I have found that many people with substantially higher incomes are attracted to the SRAP ads. Though I cannot give you SRAP rates--tour our residences. Most investors are competitive and offer move in specials. We should be able to meet the needs of both hourly workers and management of I-10/I-110 businesses.
Satisfied that my we were in good shape for the new resident due in next week... we then stopped by the office quickly then decided to stop by the Biloxi Tea Party. See Part 2