I had my talk with the Admissions Director at Trump University this morning. He told me that their mentoring program looks for people who are passionate about real estate and would be doing this on their own, anyway. That pretty much describes me, since I don't have the cash or credit for their tuition now. I said that I thought the program would be most valuable to me as I move into more complex deals, such as commercial RE. I told him that I plan to get the tuition out of my first, self-directed deal. He agreed, saying this is what he would recommend.
I am keeping alert to bargains in my local market, but I am not wasting time actively working it. Prices are still stupid expensive here: in August, 41% of the sales that closed in Santa Clara County were overbids! Don't these people know there's a crash on?
On my way to pick up the twins from school, I stopped at my local Chase branch to inquire about their checking options. At this point, I want a second household account, specifically to hold money for the normal household expenses--rent, groceries, etc. I also want a separate business account. Chase has free checking options on both, so they're a good deal. The New Accounts rep was very friendly and knowledgeable.
After I picked up the girls, we headed to Fry's. I wnated to look at some multifunction units to replace my dead printer, obsolete (no driver support) scanner, and ancient fax (document feeder no longer works). No firm decision yet, but no cash, either.
Tonight, I will finish my spreadsheet and start emailing realtors. I plan to make my first offers no later than Tuesday.
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