Archive for the ‘Blog Posts’ Category

Ed Garza responds – on Real Estate

By The Banker | Blog Posts, Texas

I recently posted a piece about Ed Garza, former mayor of San Antonio, and current President of the San Antonio Independent School District (SAISD), critically reviewing his real estate businesses and questioning some of his results. Garza was kind enough to respond last week, and I appreciate that he took the time. He corrected a [&hellip

On Mortgages, Part I - I am a Golden God

On Mortgages, Part I – I am a Golden God

By The Banker | Blog Posts, Personal Finance

On timing in investments and personal finance, as it relates to my home mortgage Did you see the front page of the Wall Street Journal today?  Yeah, that graph that showed 10-year bond yields up 0.5% in the past two months?  Oh boy that made me so happy this morning. I locked in my new [&hellip

A Review of SAISD President Ed Garza's Real Estate Deals

A Review of SAISD President Ed Garza’s Real Estate Deals

By The Banker | Blog Posts, Texas

 Ed Garza’s Presidency of the SAISD Board I hear recurring criticism of the current SAISD Board; that it focuses on real estate contracts and business opportunities – via new construction, bond deals, acquisition of property, and sub-contracting – rather than on the real business of the school district, educating children. I’ve heard so much about [&hellip

Ed Garza Real Estate Deal #1 - 139 North Street, San Antonio TX 78201

Ed Garza Real Estate Deal #1 – 139 North Street, San Antonio TX 78201

By The Banker | Blog Posts, Texas

Real Estate Deal – #1 – 139 North Street, San Antonio 78201 Ed Garza and real estate partner Sam Wayne purchased – via their real estate joint venture known as Urban One 30 Group LLC – a property at 139 North Street, a 3 Bed 2 Bath 1,976 square foot stone construction house built in [&hellip

Ed Garza Real Estate Deal #2 - 2006 W. Magnolia

Ed Garza Real Estate Deal #2 – 2006 W. Magnolia

By The Banker | Blog Posts, Texas

Real Estate Deal #2 – 2006 W. Magnolia Ave, San Antonio TX 78201  Ed Garza and Urban One 30 LLC partner Sam Wayne purchased 2006 W. Magnolia in March, 2008 for $150,000, with a $120,000 9 month interest-only construction loan from Sterling Bank.  The 3-bedroom 1-bath house, built in 1928, boasts 1,386 square feet, with [&hellip