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

Book Review: My Vast Fortune by Andrew Tobias

Book Review: My Vast Fortune by Andrew Tobias

By The Banker | Book Reviews, Personal Finance

Andrew Tobias published  My Vast Fortune – The Money Adventures of a Quixotic Capitalist in 1997, the year I started to become interested in finance and the same year I managed to scrape together $5,000 in personal ‘net worth.’ I only discovered Tobias a few weeks ago, however, and I’m busy trying to make up [&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