Hotspur's primary focus since 1996 has been the purchase of private paper (notes) secured by manufactured homes located on rental spaces in manufactured home communities (aka Mobile Home Parks). Much of the paper we purchase in this niche is from MH dealers and investors, working through note finders. Hotspur also offers advisory services for Land Trusts and real estate Exchanging through National Equity Solution LLC.
Real Estate Investments - Hotspur Investment Group also purchases real estate for investment, including single family residential properties of 1-4 units, small commercial, and office properties.
In the News!! Thoughts about trends and reports in the news for July 30th, 2008... A Radical View?
Continuing news reports appear to reveal the extent and depth of malfeasance and self-dealing on the part of Wall Street and the institutional lending community. Some especially revealing commentary over the past week includes discussion on the generic issues, as well as the potential holocaust to come if our government does not change the current status quo of favoring certain elements of society to the detriment of the masses; along with more pointed discussion of just how surreptitious most of the scalawags are proven to be, when examined through a meticulous eye:
The repugnant bailout nation http://articles.moneycentral.msn.com/Investing/ContrarianChronicles/TheRepugnantBailoutNation.aspx
Why It’s Worse Than You Think http://www.newsweek.com/id/140553
My experience at IndyMac http://appraisersforum.com/showthread.php?t=141764
Angelo's Many "Friends" http://www.portfolio.com/news-markets/national-news/portfolio/2008/07/16/Countrywide-Deals-Exposed#page1
Oh... to be "Friends of Angelo and/or Mike!" Talk about Old FOAM-y!
And perhaps the most direct analysis, offered by In his incisive article Wall Street: crimes or misdemeanors? (Denver Post, January 14th, 2008), Anthony T. Accetta, former Assistant United States Attorney in his incisive article Wall Street: crimes or misdemeanors? (Denver Post, January 14th, 2008) at: http://www.denverpost.com/business/ci_7770142 , who summed the whole mess up succinctly...
"There has been criminal conduct at every stage of the mortgage business, and there is ample proof that virtually every major investment bank in the mortgage securitization business initiated fraud, or through conscious avoidance or reckless disregard of facts known to them, enabled, aided and abetted fraud. "
Since Congress has chosen to ignore fiscal and moral responsibility in favor of a BAILOUT, we need to send a clear message... Res Ipsa Loquitor!
After watching the documentary "Iraq For Sale" several weeks ago, it struck me that perhaps we as American patriots should contact our representatives and demand that our troops be brought home from abroad, and redeployed on Wall Street to iradicate the fifth column terrorists in our own ranks, who are destroying our economy for their own self-enrichment?! Just a thought to ponder, as I contemplate what other "Radicals" have stated on related issues in the past...“I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. " President Thomas Jefferson 1816
"You are a den of vipers! I intend to rout you out, and by the Eternal God I will rout you out. If the American people only understood the rank injustice of our money and banking system, there would be a revolution before morning." President Andrew Jackson 1829-1837
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." President Woodrow Wilson 1916
"The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the government since the days of Andrew Jackson." President Franklin Roosevelt Nov. 21, 1933
Upcoming events or articles!
For information regarding NoteWorthy's 22nd Annual Convention October 2-5, 2008, see Announcements section on the left hand border of this blog site.
posted July 9th, 2008
New article at Creative Real Estate Online: Monkey Math & A Dead-Cat Bounce - "It is imperative to stay focused on ways to navigate the foreclosure and pre-foreclosure markets right now because the real opportunity will only come in 2009-2011, depending on the region. So--buying for value is the optimal strategy." see full article at: http://www.creonline.com/articles/art-339.html
