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Wednesday, August 29, 2007

Conceptions Children's Resale Business Opportunity!

So you want to own your own business!!! Well you are in luck ... Conceptions Children's Resale is FOR SALE!! And you know the Realtor / Attorney / Broker who has it listed for sale. That's right ME! Pink Flamingo Real Estate has just listed Conceptions Children's Resale as their second Business Opportunity for sale. This business is very unique, and is perfect for a hands on owner who wants to run the shop.

Conceptions has been around for over 16 years, and has had the same owner for the last 3. Sales have continued to grow as this business is well suited for a slow economy. The concept is simple, "Why pay for NEW if you can't tell the difference?"

Conceptions searches the swap meets and garage sales to find wonderful like new clothes, toys, games, everything a kid would want!! Then they "prepare" the item for sale and price it at a great discount. Items are therefore recycled, the customers get a "like" new item for a lot less, and the owner makes a profit. Win, win, win and WIN!

Last year Conceptions gross a little more than $250,000 with this business plan. They have a great lease in place with another 3 year option; a large inventory; new paint inside and out; and new signage to be installed in the very near future.

Conceptions has also just posted a brand new web site: and is looking forward to building a strong web presence. This could grow into another retail outlet, but for now it is just marketing and customer retention.

Speaking of customers, Conceptions has followed a marketing plan of "customers for life" and has large email / mail lists of customers who want to receive store information and sales updates. This is another facet of the marketing programs.

If you would like a tour, or more information, contact: Bob Glaser at Pink Flamingo Real Estate 858-496-8899.

The seller's are asking 1 times Gross for the business, which is $250,000. All documentation is available with an offer to purchase.


Wednesday, August 22, 2007

Open House This Sunday ... August 26th

This Sunday, August 26th we will be holding an OPEN HOUSE for our listing at 3217 Fairway Drive in Spring Valley! Stop by and see this Newly Constructed Executive Home that sits on 1/2 acre of land. It is BEAUTIFUL!! Take the Virtual Tour on the web site, or come by on Sunday between 1 and 4 pm.
The driveways have just been poured and the landscaping is going in as we speak. The home features 4 Bedrooms, 3 Baths, 2700+ square feet of living space. There are NO Mello Roos or HOA fees BUT your children DO get to attend the La Mesa / Spring Valley School District. It is located in the La Mesa Country Club subdivision. For you agents out there, the MLS listing number is: 076063273.
You can find more details on this home below in a prior posting. And if you need a Mortgage for this new dream house, contact us at: . Click on Today's Rates to see our best loan options, or sign up for Homefinders Club in the Power Tools section for access to ALL HOMES listed on the San Diego MLS. Our Power Tools Empower YOU!
See you Sunday!!!

Monday, August 20, 2007

Don't Believe all the Gloom & Doom!

It's tough to read the Real Estate or Business sections of most newspapers these days without thinking the financial world is imploding. Well the Sub Prime melt down has had an effect, but the echo effect of the media piling on is more damaging.
The Sub Prime default rate is up, no argument. BUT, the rest of the mortgage market is still doing pretty good by all accounts. Why the hysteria? Well, a lot of corporations, pension funds, and other sources of money got into buying Bonds backed by Sub Prime mortgages. This has caused the pain of the increased default rate to be spread around more deeply than just the Sub Prime originators themselves.
To put it bluntly, some people got too greedy! They put a lot of money into risky bonds, and now they are paying the price. If that was the end of it we would not feel such a pinch. So what is happening?
Those with the money have become very conservative very fast. To protect their own rear ends. That means a lack of funding for ANY mortgage. In order to bring money back into the market, all companies will tighten requirements for obtaining a mortgage.
Another player is the FED. They just dropped the overnight rate by a 1/2 point. This caused a quick reaction on Wall Street, as money got a little cheaper. If the FED continues to lower the rate, and allow more supply of money, while Mortgage Originators tighten up lending requirements, the market will return to normalcy soon.
One important point to observe: It is even MORE important to have a personal, honest, Broker to help you find your way through this mine field. At Pink Flamingo Mortgage we hold your interests to the highest level. Not ONE of our past clients has a loan that is in jeopardy. Why? Because the loan we found was the RIGHT loan for them in the first place. Great rates, yes. But the right loan is even more important. We can help you find that loan ... the right loan.
Give us a call at 858-496-8899, or visit our web site at: to check out the best rates.

Wednesday, August 15, 2007

Pink Flamingo Real Estate's First Listing!

Buy This House!!!

Brand New Executive Home with Southern Views

Asking Price: $735,000
3217 Fairway Drive
Spring Valley , CA 91977
New Construction Quiet street Southern views from living room & master bedroom. Custom Kitchen Design. Cable / Internet Ready throughout. Landscaped.
MLS Lisitng: 076063273
Square Ft: 2,742
Bed/Bath: 4 , 3
Year Built: New
Location: La Mesa Country Club
School: La Mesa / Spg Valley
Parking: Yes

• New Construction
• Fire Sprinklers throughout

• La Mesa/Spring Valley Schools
• Dishwasher / Disposal

• Almost 1/2 acre
• Micro Wave / Range Oven

• Cable / Internet throughout
• Garage Door Opener

• Central Forced Air & Heat
• Evening Lights / Mnts / Hills

Bob Glaser, Agent
Pink Flamingo Real Estate
8304 Clairemont Mesa Blvd
Suite 213
San Diego, CA 92111

Phone: 858-496-8899
Fax: 858-496-3980

Web Site:

Tuesday, August 14, 2007

Shop Til You Drop ... It's Back to School!

Finances – Back to School

If you have a child that is headed back to school this month, then you are probably already thinking about school supplies. Now that many schools have reduced their spending, it means that you will be faced with having to purchase more school supplies as well as having to pay out of pocket for extracurricular activities.
For many parents, this can place a strain on the household budget (especially if your child considers that new mp3 player a school supply). Not only can you save money by starting your school shopping early so you can give yourself time to find the best bargains, but you can also involve your child in the shopping process.
By allocating a budget and involving your child in the shopping process, you can teach them a valuable lesson in handling money. Together, you can make a list of everything that’s needed for the new school year and shop together to obtain all of the items without going over budget.

Friday, August 3, 2007

Welcome Conceptions Children's Resale!!

Our newest "preferred referral" link is Conceptions Children's Resale in Santee. This is a hot concept. "Why buy Retail, when there is Resale!" is their mantra. They are a local shop in Santee who will shop the swap meets, garage sales, classified ads and more to find the greatest deals on gently used toys, cribs, clothes, games and everything a child could use!! Then you buy it at huge discounts off new.
They are located at 10438 Mission Gorge Road in Santee, or click on their name above and visit their web site. They are also listed in the Kudzu directory and you can look up their "customer reviews" to see what past customers think of their shopping experience.
All products are guaranteed and the savings are unbelievable! So shop Resale at Conceptions Children's Resale!!

Thursday, August 2, 2007

Life's a Beach!!

Well the mortgage market continues to melt down. Another Sub-Prime lender went belly up today (as in BK); another just closed their doors rather than take further risk.

So do you think the industry has learned any lessons? Not the one's we would hope they had learned. Are the "Stated Assets / Stated Income" loans gone? Well they are for residential customers and I believe that is a good thing.
But that doesn't mean they learned their lesson and went away ... Nooo!
Just last week I attended a seminar on the "New Frontier in Lending - Commercial Loans" And the lead topic was ... we still do "Stated Asset - Stated Income" loans. No need to prove anything. Same trick pony playing to a new crowd.
Now they are NOT doing 100% financing (and that is a BIG improvement that will protect investors) and they want a "Rent Analysis" to show income to support the loan. But they will do the loan as a SASI loan. Are we 5 years away from a commercial melt down to rival the current sub-prime fiasco??? Only time will tell.
In the meantime, those future clients who want 100% financing need to come to the table with at LEAST closing costs. And you will need a fantastic FICO (see prior articles on how to improve your FICO) to dazzle the lenders. But it can still be done.
Give me a call at 858-496-8899 with any mortgage questions. At Pink Flamingo Mortgage we will empower you with knowledge and then help find the perfect loan.
And please feel free to refer your friends and relatives that need a mortgage. Don't keep us a secret! Everyone knows at least one person that need some mortgage help from an honest professional. That's US!!
Bob Glaser