Tuesday, May 29, 2007

... May General Meeting ...

You know its gonna be real live any time a speaker comes and the first thing they say, or rather scream is WHOOOOOSE HOUUUSE! six house. Charles Lassey of Mili Group Inc, was quite the speaker, a very knowledgeable region 6 NSBE alumni – you would after all expect this from someone who is closing in on a decade of experience in real estate in addition to owning millions of dollars worth of real estate in California.

The icebreaker was entertaining – your basic intro with a couple of questions designed to make it interesting. Now we all know that Seitu and Rommell’s favorite dates are the ones they don’t have to pay for; Angela certainly doesn’t think a date without meaningful conversation is a date and Marcela is sadly letting the outrageous gas prices get in the way of her happy dates – Tiffany on the other hand … slow your roll girl … first date in Hawaii is a little … yeeer.

Charles and Rommell (Rommell was assisting Charles with the presentation of materials) did a pretty good job and they put up a captivating show (not like there were lions jumping through rings of fire or anything). Among the key points Charles stressed on were (and of course this is his opinion based on his experience):

- Ignore all the negative rep. the media is spreading on real estate and real estate investing. The best time to get into real estate is always now

- Shoot to pay the interest and not the principal first

- Borrow smart

- Make sure you get the most bang out of your buck. Financing 10 houses with a million dollars down makes more sense than paying off one house worth a million dollars (There is some math involved in this)

The presentation is available on the NSBE Yahoo Group



As always the meeting was a blast. The nominations went smoothly and speeches/elections will be held during the next meeting. Feel free to nominate anyone or yourself for any of the following positions before the next meeting if you wish to (President, Vice President, Communications Chair, Finance Chair, Membership Chair, Programs Chair, PCI Chair). Look out for the following upcoming events:

June 1st 2007: Power lunch at Uncle Franks BBQ in Mountain View.

June 16th & 17th 2007: Juneteenth festivities at Cesar Chavez park. Silicon Valley NSBE will have a booth and will display a line following robot and hold workshops on sensors.

June 23rd 2007: June meeting. Nominated candidates will present their speeches and voting will take place. In addition, Michelle Galloway, an attorney and a lecturer at Stanford and Santa Clara University (also a member of the Silicon Valley High Tech advisory board) will give a presentation on patents.

July 7th 2007: Annual Summer BBQ. Location TBD


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