Memphis college of art designers

James Hart (318.286.5752) (jamey22@gmail.com) did design for "For Lease" signs at Cotton Plant. Mark Waguespack (markwag123@yahoo.com) is another student from MCA who emailed me. I liked his work. Also Shumyla Jan emailed me. poster below is by Mark Waguespack.

Senatobia - Small mobile home park

Scott Madison (662-562-5238) called me today about a park in Senatobia I had called him about yesterday. I saw it on the Internet. He has 17 spaces and 5 or 6 existing park owned homes. They are in bad shape he said and only one I think is occupied. He and his dad own 3 other mobile home parks. He said you could move some more homes in and rent them for perhaps $350 per month.

Park is on highway 51 across from the Church of Christ. Go down I-55 and get off at Senatobia. Go west and go thru town and hit hwy 51. Go south for 2 or 3 blocks and there it is.

Garisson Estates trailer park - Tupelo MS

Robert Merchant 209-996-4075 is owner. Asking 1.2 million. total of about 105 pads. 7 trailers owned by occupants. 47 trailers owned by park. 25 of the 47 are rented at average of about $450 per month. Manager is Don Reeves 662-386-5552. Call Don to go look at project.

Bradford Trace Mobile Home park

Hernando MS - agent is Steve Woodyard ((901) 842-5320). Asking price is $1.8 million. Address is 485 E Commerce Street, Hernando, MS. 74 pads and 43 homes owned by park and 6 homes owned by the occupant. Total land area is 8 acres.

Market timing

This article (excerpts below) was on Real Clear Markets 2-Feb-10

Stock market's real return? Paltry

by Anthony Mirhaydari

I'm not saying all this just to scare you; any investment return is subject to inflation, and stocks still beat most other investments.

But these studies lead me to an alternative investment approach that does much better than the conventional buy-and-hold wisdom and helps boost returns over these meager averages. There is a better way.

Use the simple 10-month moving average of the S&P 500 to time exposure to stocks. This calls for you to buy stocks when the S&P 500 crosses over its 10-month average and sell when it crosses beneath, investing the proceeds in safe, defensive assets such as cash or bonds.


MSN Money offers a 12-month overlay (which will reduce the sensitivity of the trading signal and help prevent false triggers). You can find the landing page for the S&P 500 Index here. You don't have to check on it every day. Just spend a few minutes looking at the moving average during times of market unrest. If you want to monitor the more sensitive trigger used in the study, Faber also maintains a collection of charts on stocks, bonds, commodities and real estate at his Web site.

Farley Place subdivision - Barton MS

This is on Farley off Byhalia road just south of Goodman road. Talked to agent Sam Edwards about this 7 lot subdivision. SamEdwardsRealtor.com. 6 of the lots are 1.5 acres. The 7th is more about 7.5 acres. He said that you could probably buy one of the 1.5 acre lots for around $50,000. Minimum house size has not been determined, but will be in the range of 1800 to 2100 sq ft. Sam is one of the partners doing the subdivision and is going to build his own house on one of the lots. The lots have electricity and gas but you have to get water from well and install septic system. Well would cost around $2300. Septic system would cost around $3500. He said the lots were too small to keep a horse on.

He also has Cypress Gates subdivison nearby which also has 7 lots. Lots there are much bigger and they cost $8000 per acre. Smallest lot is 16 acres I think.

Steve Montgomery - convenience store consultant

Talked to steve today (847-295-2418). His website is b2bsolutionsllc.com. Dean Dirks contacted him after I called Dean looking for a consultant. Steve can do a "due diligence" on numbers received from a potential c store seller to see if the store is worth buying or not. That's on an existing c store. If the deal is potential development of a new site, he has a partner who he can work with for a feasibility study. Steve told me about a c store website called CSPnet.com. It stands for convenience store petroleum.