Yesterday in the Bay Area I completed my certification as a Small Business Consultant for both LegalShield and GoSmallBiz. http://www.GoSmallBiz.com is a leading online resource for the small business owner and entrepreneur. Working in partnership with LegalShield, we help small business owners protect and grow their businesses. GoSmallBiz.com brings small business owners unlimited business consulting via email, access to educational videos and articles, secure web-based software for business, a library of legal forms and documents, and more! This is such a natural fit for me, and a great service for our commercial real estate and small business clients. Never too old to learn
Archive for the 'Redding Happenings' Category
11
Aug
13
LegalShield and GoSmallBiz.com
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Shell Gas Station for Sale in Redding, CA..offered at $2,500,000
Why buy a Shell Gas Station? Great brand with one of the largest credit card followings in the nation; Consistently quality fuel for excellent repeat business; Opportunity for fleet sales versus unbranded stations and gas; Excellent reputation and branding benefits the local owner; Superb management assistance from company; profitable with good mark up and margins.Highlights: Great Location-66,000 gallons/month; Very High Inside Sales-$74,000/month average; Subway Sandwich Shop on Premises; Huge pump access area for RV’s and Boats; Excellent condition both inside and out; Priced to sell based on recent bank appraisal.
Description: This is one of the most impressive gas stations-convenience stores, with Subway in the building, in the North State. Great location on I5 just north of downtown Redding, and opposite planned Regional Shopping Center. The station has been modernized and is in excellent shape. e-mail for complete listing package.Best location on Interstate 5 at the Oasis Road exit just 3 miles north of downtown Redding, CA., which is 165 miles north of Sacramento and is the last major city before Lake Shasta and on over the Cascades into Oregon. Extremely busy location with a great deal of added Lake traffic, including boats, motor homes, and interstate travelers. Subway is a huge draw for business. Additional detail, photos, narrative, and financial info at http://www.oasisshell.com
http://www.oasisshell.com Offered at $2,500,000.
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Feb
12
Travel Opportunities….Unusual.
In the next 12 months, we are going to be marketing some very special, and unusual, travel and tourism opportunities. Our specialty is doing unique travel arrangements, and what we have on the agenda are really unique. In addition to the Rotary and Lions Clubs International Conventions in Thailand and Korea, we will be planning a business to business trip to China, with meetings in Beijing, Shanghai, and Hong Kong. Also in the plans are trips in 2013 to the Masters Golf Tournament week in Augusta, GA; a 10 day trip to London for Wimbledon; a golf outing to the British Open; a week at the Monaco Gran Prix in Monaco (France); a week at the London Olympics; and a special NASCAR event at Talladaga.
If any of these trips are of interest, please let me know and we will keep you posted. Or, if you, or your group, including church mission trips, are wanting group prices, we work with 3 different wholesalers that give us the best prices in the industry. It it is a challenging trip, bring it on.
Check us out at www.transworldtravelservices.com or e-mail me at ronlargent@yahoo.com or call 1-888-657-1277
In case you did not read the Record Searchlight today…and to “clear the air”…here is the latest…from David Benda at the paper…appeared today..
A broker who worked at the defunct Keller Williams Realty office in Redding has been charged with taking property from a bank-owned house he was listing.
The Shasta County District Attorney’s Office filed four misdemeanor counts on Feb. 2 against Randall Robert Byrd.
The charges are mortgage stripping, grand theft, attempted mortgage stripping and attempted grand theft, Shasta County Deputy District Attorney Erin Dervin said.
Byrd has not been arraigned.
“We believe that he took doorknobs and the plates that go on the door and locks from a house he was selling that was in foreclosure,” Dervin said.
The attempted foreclosure stripping and attempted grand theft charges stem from Byrd’s alleged request of contractor Jeterbuilt Construction to perform a carpet exchange, Dervin said.
Byrd asked Jeterbuilt to put a better-grade carpet in a rental he owned and take the old carpet in the rental and install it in a Fannie Mae foreclosure, Dervin said. Jeterbuilt refused the request.
Because the value of what Byrd allegedly took is estimated between $400 and $500, misdemeanor, rather than felony charges were filed, Dervin said.
“We don’t think that rose to the level of felony conduct,” she said.
Last spring, Denise Smith, then a Keller Williams agent, was representing a buyer who was interested in purchasing a foreclosure on Shining Star Way in Redding, according to the District Attorney’s investigative report. Byrd represented the seller, Fannie Mae, the report said.
When Smith went to look at the home with her client, she noticed the doorknobs and handles were missing. Before making an offer on the house, Smith asked Byrd about the missing hardware, the report said.
“Byrd told Denise, ‘Well, I took ’em, but if your offer is accepted, I will take care of it,'” the District Attorney’s report said.
Smith’s offer was accepted, but she noticed after the 10-day inspection period the door handles had not been replaced, the report said.
When Smith asked Byrd if he was going to replace the hardware, Byrd responded, “No, I am not going to do that, take it out of your bonus,” the DA’s report said.
Eventually, Smith and her husband, Eric Smith, also a former Keller Williams agent, came to the Shasta County DA and were interviewed on June 29, 2011.
Eric Smith told investigators that Curt Largent, who at the time also worked at Keller Williams, filed a complaint with the state Department of Real Estate.
“I was contacted by a Fannie Mae representative last summer,” Largent said Tuesday.
The Smiths left Keller Williams to work at Sheldon Largent Real Estate, a Redding company that Largent helped start after he left Keller Williams.
“I quit because of this (investigation). I thought it was serious enough,” Largent said.
The Keller Williams office — opened in 2005 by Largent’s father, Ron Largent — closed in October.
Byrd has since opened Platinum Properties in Redding.
“This is a messy business and partnership dissolution that has all the nastiness and accusations that a family divorce would have,” Byrd said in a statement. “I would say you have to consider the source.”
Byrd declined to elaborate.
Eric Smith and Curt Largent said they believe the investigation of Byrd doomed the Keller Williams office in Redding. At one time, the franchise had more than 80 agents.
“It’s my understanding that most of the agents left KW in light of these allegations and other concerning allegations,” Smith said by email. Smith thinks the exodus crippled the Keller Williams office in Redding, making it no longer a viable entity.
“It’s just another sad example of how that the actions of one can affect the lives of so many good people,” Smith said.
Ron Largent suspects he was fired by Wayne Hall and Byrd for alerting Keller Williams’ corporate office of the potential wrongdoing. Largent partnered with Hall in 2005 to open the Redding office.
Largent said he sued Hall and Keller Williams “relative to financial obligations owed to myself and others.”
Hall has filed a “cross-action suit,” Largent said.
A phone message left Wednesday at Hall’s Roseville office was not returned.
Tom Pool, a spokesman with state Department of Real Estate, said if a licensed agent is convicted of either a felony or misdemeanor involving theft related to real estate, the state can take action, which could result in the loss of license.
“The mere fact of filing charges doesn’t get us anywhere,” Pool said. “Anytime somebody is charged, there is a due process involved.”
Pool said he believes a licensed real estate agent being charged with foreclosure stripping is rare.
Call for details, photos, etc…. Ron Largent 530-248-5601 www.ronlargent.com ronlargent@kw.com
Last week, Julie Henderson from US Lending wrote that the Fed policy makers had come out publicly in stating that there was not a consensus on what actions they should take to stimulate the economy. She continues, this past week’s economic data as well as next week’s should provide Fed policy makers with more than enough information to make a definitive decision on what to do.
The economic reports this past week continue to demonstrate that the economy is going nowhere. You will notice that I didn’t even say “going nowhere fast”, I just said “going nowhere”. With every bit of positive news that an investor or consumer can grab on to, there is another piece of negative news sitting right behind it to quell any momentum that could be gained. The stock market this week is a perfect illustration.
This week in the stock market we saw some significant drops and rallies based upon daily economic reports. By the time the smoke cleared, we are almost exactly back to where we started the week. On Monday the DOW started the week at 11,137. After hitting highs of 11,205 and lows of 10,925, the market ended trading on Thursday at 11,135, exactly 2 points lower than where the week started. Friday no economic reports are due out so trading should be quiet.
The National Association of Home Builders monthly survey on the future of housing showed an unexpected increase. The survey which measures the feelings about the economy and housing as a whole showed a gain for the first time since the spring, which was the end of the 2nd round of housing stimulus.
Housing Starts also showed a surprise increase for the month of September with single family construction leading the way. Housing Starts increased .3% which piggy backs on the prior months 10% increase. Additionally, Housing Starts are up 4.1% from a year ago. On the opposite side of the coin, the future for new construction remains in question as new building permit filings declined 5.6%.
Mortgage rates remain at historic lows however once again we see that even the slightest increase in rates can have a dramatic impact on both purchase and refinance applications. Mortgage rates last week increased just over 1/8% and the market saw a drop in purchase applications of 6.7% and refinance apps declined 11.2%. It is my opinion, for what it is worth, that if next week we experience additional declines in the housing sector, the government will be compelled to act on executing another round of stimulus sooner than later.
First time initial jobless claims declined 23,000 last week. The markets showed virtually no reaction to this report as it seems that unless there is significant movement in the numbers, the market just looks at this as weekly variations with no real direction for un-employment.
As announced earlier this week, Bank of America and some of the other major lenders are resuming their foreclosure proceedings in many states. There are still many hurdles that the banks will need to clear in the courts regarding foreclosures so the story is not coming to a close. Although the banks insist that they have not made errors in who they have removed from homes, judges and regulators are quite skeptical about what the banks are stating. Let’s face it, the banks have a history of not telling the truth.
This is the latest, and if you have any questions or comments… e-mail me at ronlargent@kw.com or my site www.ronlargent.com
We have just had a number of homes come on the market as foreclosures, and as we expand our Foreclosure Team to address this growing market, we will be offering foreclosures in Red Bluff, Chico, and for those that are interested, Sacramento. Our expanded team will include agents in each of these areas that are specializing in bank owned homes, REPO’s, and foreclosesures….all basically the same….homes that have been foreclosed upon where the previous owner is no longer owner of the home….the bank that foreclosed is.
Foreclosures are listed through many agencies, and on the MLS in each of these areas, and our team will make lists of foreclosed properties available in each of these areas. E-mail ronlargent@kw.com or go to www.ronlargent.com or www.foreclosureteam.net
Our goal is to get the right home for our clients….thus this service. And, we have a number of lenders avaible to work with our buyers, from the Bank of America to local mortgage companies.
Here are some photos of current properties listed either by our office or on the MLS…..all good buys as foreclosures.
The following appeared on Tuesday in Rivals.com Sectionsports.com section…on Northern California high school football:
Forget everything you know about Northern Section football.
Didn’t take long, did it?
Teams from way up north in California like
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| Zach Ray is the brother former 49er Ricky Ray. |
Palo Cedro’s Foothill don’t get the attention from colleges and fans that they sometimes deserve due to relative location, but Cougars’ coach Bryon Hamilton is trying to change that perception.
“Part of the problem with recruiters is they can come up here and see four or five kids, or they can spend the same amount of time in the Bay Area and look at 40 or 50 kids,” Hamilton said. “People forget we’re here sometimes. We’re trying to change that mindset.”
After being snubbed for a state bowl game invitation after a perfect 12-0 season in 2007, Hamilton started scheduling tougher games outside of the Northern Section, and California for that matter. In 2008, the Cougars defeated Oregon’s South Medford, ranked No. 1 in the state of Oregon in some polls. A year later, Foothill beat Washington’s Union High School, a team that was ranked as high as No. 2 in Washington in 2009. Both victories came on the road in hostile environments.
“We tried to upgrade our schedule as much as possible, and we’re doing a better job of going out there and competing with other teams outside of our section,” Hamilton said
One team the Cougars were able to impress was Sacramento’s Grant High School, a perennial powerhouse that won the 2008 open division California state title. The Pacers travelled with Foothill up to Washington in 2009 to play Bellevue.
“The coaches (at Grant) couldn’t believe the level of football we were playing,” Hamilton said. “They really hadn’t seen us play, and there’s the misconception that Northern Section football isn’t very good football.”
Aaron Rodgers, current quarterback of the Green Bay Packers, played at Pleasant Valley in Chico and started to change that mindset. This season, a host of Cougars are trying to continue the notion that quality talent does indeed come out of some of California’s more remote locations.
Ray on the Rise
One current Foothill player who has NFL bloodlines is senior quarterback Zack Ray, whose brother Ricky played for the San Francisco 49ers and New York Jets before starring in the Canadian Football League. Through three games this season, Ray has passed for 538 yards and seven touchdowns in Hamilton’s shotgun zone-fly offense.
“He reminds me a lot of Kellen Moore,” Hamilton said, comparing his senior signal-caller to Boise State’s star quarterback. “He’s got that great poise in the pocket, and I think he’s going to grow to 6-foot-4, so he’s only going to get better.”
Two-headed Monster
The Cougars have a punishing running game,
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| Slaton is averaging close to 10 yards per carry for Foothill. |
which can be a quarterback’s best friend. Junior tailbacks Tevin Slaton and Addison Gillam form a powerful rushing attack. Slaton, a 170-pound speedster, gashes defenses after the 210-pound Gillam softens them up.
“I think Gillam is a (Division I) prospect,” Hamilton said. “He’s a 6-foot-3, 210-pound kid with legitimate 4.7 speed. He’s got great redirection skills that you don’t see from a lot of 6-foot-3 football players.”
Slaton has been the more productive of the two thus far, having rushed for 467 yards and five touchdowns, including a huge Week Two performance against Stockton’s Edison, where the junior ran for 233 yards and two touchdowns on 22 carries.
Perfecting the 3-3-5
Part of the reason Slaton has been slightly more productive has been Gillam’s commitment to playing defense. The Cougars have one of the best linebacker units in California, with Gillam leading a group that also includes seniors Mitchell McCarthy, Garrett Miller, Josh Latham and Rocco Taylor.
“We’re blessed with those five guys. We feel really, really good there [at the linebacker position],” Hamilton said.
All five players get significant minutes in
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| Gillam stars at both running back and linebacker for the Cougars. |
Hamilton’s 3-5-3 defensive scheme, and each full-time defensive player is averaging over six tackles per game for Foothill. Hamilton continues to be impressed with McCarthy, who earned the top linebacker award at the Boise State camp this summer and is fast approaching the Foothill school record for career tackles.
“He’s our strong safety/linebacker this year, and he’s the kid that gets the most attention,” Hamilton said of McCarthy. “He’s got a chance to be a D1 player, and he can definitely play a lot of places with his (3.6) GPA. Between him and Latham we’ve got two legit linebacker prospects.”
Led by the strong group of linebackers, Foothill’s defense got off to a strong start to the season, holding Dixon and Edison to six points each. The Cougars’ defense, a question mark coming into the season, answered all doubts by picking off six passes against the Vikings, as Trent Knight, Tucker Wilson and Ryan Smith each intercepted a pair of passes in the victory.
“At least they weren’t being selfish,” Hamilton joked.
Hamilton: “I want to get my kids signed”
But the head coach knows that his remote position in the state is no laughing matter, and that the team needs to continue to work to change the perception on Northern Section football. Hamilton isn’t just doing it for the sake of the program, however.
“Slowly but surely we’re changing people’s attitudes for the state games, because that’s obviously what’s on everybody’s mind,” Hamilton said. “But I want to get my kids signed. I’ve legitimately had 10 or 12 Division I players (in my eight years here), and I’ve only signed one.”
“This year I’ve got at least two or three of those type of kids, and if they don’t get looked at or signed it’s going to be a shame.”
Right now is a very good time to buy investment property. Financing is very much available to qualified buyers at a low interest rates, and lenders are looking very favorably at properties that show stability, good cash flow, and a good future. The nice thing about buying the larger apartment complexes is economy of scale. A good manager can manage a 24 unit complex, as well as a 60 unit. Common utilities are not increased to a great degree when you double the number of units, especially if all of the units are individually metered. To this end, there are a number of good buys right here in the Redding area, and if you travel a little south, even better deals can be made in some parts of Sacramento and even Stockton. Look at this one that we just listed here in Redding:
Great Income property. 34 units consists of two four-plex’s, one 5 plex, one 6 & one duplex. Completely rebuilt in 1995. Rents range from $465.00- $700.00 per month. Near new city hall, library & new single family subdivision. Great buy at this price.
Need we say more….so if you are looking, give us a call at 530-248-5601 or e-mail ronlargent@kw.com or see my site at www.ronlargent.com
Just listed the Atlantis Gas Station on Hilltop at Mistletoe in Redding, CA. $1.200,000, and this includes the real estate at this valuable corner opposite the Holiday Inn and Marie Callendars. This is a former Shell station, and is ideally located on busy Hilltop just off of Cypress Ave and the Hilltop exit from Interstate 5. The station has a smoke shop in part of the building, along with a large convenience store. The corner location gives access from both Hilltop and Mistletoe, and is just a block from busy Churn Creek Road.
Yesterday, we listed the Cypress Chevron at Hilltop and Cypress Ave….and this is another great station…but does not include the real estate, thus listed at $425,000.
e-mail for details, ronlargent@kw.com or go to www.ronlargent.com
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