Lamar High School was the site of a meeting tonight to address magnet schools and the report from Magnet Schools of America. Speakers were Harvin Moore HISD Board Member, Ann Best Human Resources HISD, and John Allen HISD Special Improvement officer. The auditorium was packed with parents, past students and teachers all wanting to be a part of the public forum. The meeting started with HISD providing the following information HISD is committed to choice, Magnet programs, and Vanguard … [Read more...]
Archives for January 2011
Houston Commercial Real Estate forecast for 2011
Patrick O’Connor a recognized expert in Real Estate Appraisal and commercial property advisor sees a U shaped recovery for Real Estate. He sees no meaningful recovery for the next year or two as we remain at the bottom of the U. FINANCE The FDIC is encouraging banks to work with borrowers. The FDIC can not afford to close all the insolvent banks. Banks will work with borrowers who are attempting to solve their problems. REO sales will come from Financial Conduits and mortgage backed securities lenders … [Read more...]
IRA for Real Estate
If the option of using tax-deferred funds to purchase property sounds appealing, you’ll need to locate an independent IRA custodian that allows real estate investments and work with that company to set up an IRA account. Most banks and brokerage companies—the most common IRA account options—limit your choices to certificates of deposit, stocks, mutual funds, annuities, and similar financial instruments. But Section 408 of the Internal Revenue Code permits individuals to purchase land, commercial property, … [Read more...]