Paducah, KY

When I married my wife back in 2001, the deal included a couple of winter tires!

One of the things that intrigued us when we first talked on the phone before our blind date was the fact that we both owned Ford Broncos. She had the one her dad gave her and I had one I bought myself. Her Bronco was an '86 and mine was a '92.

Her dad had bought a couple of WinterTrax winter tires for her. For as long as I've known my wife she never used the tires. it doesn't really snow that much around here. I never installed them on her truck or any other vehicle.

A few years ago I asked her if it was ok to sell those tires. I listed them on our local Classifieds web site for a few dollars. This web site is always hopping with visitors and ads - which I happen to manage . I didn't get a single response.

So these tires sat next to my shed in the back yard for a few more years. I finally decided to ask the wife if I could just give them away. She agreed!

So, at about 9:30pm one night this week, I put them back on the Classifieds and advertised "Free WinterTrax winter tires!". I included the size and two pictures of the tires with rims. Within 10 minutes I had an email reply.

The next morning, I had another email and within a couple of hours I had 5 phone calls. I had left these tires at the end of my driveway so whoever showed up could get them without me being there. I live at the end of a short dead end street so there wouldn't be any passersby see these tires.

When I got home that evening the tires were gone. I don't know who got them but I hope they can use them. They weren't used a single time by me.

How is this related to real estate?

One of the gentleman asked me if I was a realtor. I had used my realtor profile on the Classifieds to advertise these tires. He asked me how the market was right now and said he was going to sell his home and move to Princeton, KY sometime. I honestly told him it wasn't very good right now. He asked me to call him when the market was "HOT!" so we could get it listed. I started smiling to myself because of the words he was using. He was an older guy so the words kinda surprised me. It was quite interesting for such a short conversation.

Before writing this blog entry I start wondering if there was anything else I could put at the end of the driveway!

BTW, the tires shown are the actual tires I was giving away.

Thursday, September 25

Family Entertainment – Wilson Stage

5:30 PM – Elsenpeter Marionettes

6:00 PM – Elsenpeter Marionettes

 

Family Entertainment – Four Rivers Church Hospitality Tent

Big Screen T.V.’s will be showing the latest in family films nightly

5:00 PM – 9:00 PM – Clay Creation Station – Bring your entire family to take part in this hands on creative experience.

 

Main Stage Entertainment

5:00 PM – 5 on Friday

7:00 PM – Murr-Vegas All Stars

 

Friday, September 26

• Lots of Tasty Barbecue and Fixin’s at various booths
• Children’s Activities at Wilson Stage and Four Rivers Church Hospitality Tent
• Live entertainment on the Main Stage in front of the Beer Garden which opens at
• 13th Ever Media Cook-Off - Come out and cheer on your favorite media personalities as they compete in the Iron Chef Style Cooking event.

 

Family Entertainment – Wilson Stage

4:00 PM – Elsenpeter Marionettes

4:30 PM – Eldon Roark – Magician

5:00 PM – Babaloo – Family Comedian

5:30 PM – Troy Roark – Master Entertainer

6:00 PM – Elsenpeter Marionettes

6:30 PM – Eldon Roark – Magician

7:00 PM – Babaloo – Family Comedian

7:30 PM – Troy Roark – Master Entertainer

Nitro Joe’s Mad Science Booth will be froom 4:00 PM – 8:00 PM on the West End of Wilson Stage area up near the floodwall.

 

Family Entertainment - Four Rivers Church Hospitality Tent

Big Screen T.V.’s will be showing the latest in family films nightly

5:00 PM – 9:00 PM – Clay Creation Station – Bring your entire family to take part in this hands on creative experience.

5:00 PM – Live Children’s Entertainment

6:00 PM – Live Children’s Entertainment

7:00 PM – Veggie Tale’s Autograph Session

 

Main Stage Entertainment

3:30 PM – Special D

5:30 PM – Partial Post

8:00 PM – The Cruisers

 

Saturday, September 27

 

• Lots of Tasty Barbecue and Fixin’s at various booths
• Children’s Activities at Wilson Stage and Four Rivers Church Hospitality Tent
• Live entertainment on the Main Stage in front of the Beer Garden

 

10:30 AM ‘til the Barbecue runs out!

The public is invited to PIG OUT on over 35 tons of Barbecue and the fixins’

Symphony Beer Garden opens at 11:00 am

9:00 AM – United Way 5K Run – Starts and finishes at Paducah Bank

For more information visit www.unitedwaypaducah.org.

 

Marine Industry Day – Riverfront at the Foot of Broadway

9:00 AM – 4:00 PM – Towboat Tours – Sponsored by Ingram Barge Company

9:30 AM – 5:00 PM – River Heritage Museum open to the public

10:00 AM – Calliope Concert

Seamen’s Church Pilot Training Simulator – Tours start at 10:00 AM – on the ½ hour thereafter to 1:30 PM.  Limited group size – please sign up for a tour!

1:00 PM – Line Throwing Contest – Cash Prizes

              First Prize - $125

              Second Prize - $100

              Third Prize - $75

              Traveling Company Trophy

The following will be set up for display throughout the day:

              St. Louis Admiral’s Club – remote controlled model boats

              James Shipyard – Towboat Wheel Display

              Towboat Artwork by Randy Mayse at Doe’s Eat Place

              Riverwork Discovery by AEP

The Ohio River Sanitation Commission (ORSANCO) Aquarium will be set up for viewing on Thursday, Friday & Saturday at the corner of Broadway & Water Street.

 

 

Family Entertainment – Wilson Stage

11:00 AM – Nitro Joe – Mad Science

11:30 AM – Eldon Roark – Magician

12 NOON – Randy Erwin – Singing Cowboy & Rope Tricks

12:30 PM – Troy Roark – Master Entertainer

1:00 PM – Nitro Joe – Mad Science

1:30 PM – Eldon Roark – Magician

2:00 PM – Randy Erwin – Singing Cowboy & Rope Tricks

2:30 PM – Troy Roark – Master Entertainer

3:00 PM – Nitro Joe – Mad Science

3:30 PM – Eldon Roark – Magician

4:00 PM – Randy Erwin – Singing Cowboy & Rope Tricks

4:30 PM – Troy Roark – Master Entertainer

Nitro Joe’s Mad Science booth will be open at the times listed below at the West End of the Wilson Stage area up near the floodwall:

12 NOON – 1:00 PM; 2:00 PM – 3:00 PM; 4:00 PM – 5:00 PM

 

Family Entertainment – Four Rivers Church Hospitality Tent

Big Screen T.V.’s will be showing the latest in family films nightly

10:00 AM – 9:00 PM – Clay Creation Station – Bring your entire family to take part in this hands on creative experience.

10:00 AM – Live Children’s Entertainment

2:00 PM – Live Children’s Entertainment

4:00 PM – Veggie Tale’s Autograph Session

6:00 PM – Live Children’s Entertainment

 

Main Stage Entertainment

11:00 AM – Vintage Alley

12:30 PM – The Redding Brothers

2:30 PM – Bawn in the Mash

4:00 PM – Awards Presentation

5:00 PM – Timeless

7:00 PM – Lew Jetton & 61 South

 

Old Market Days
Thursday
NOON - 10:00 PM
Friday & Saturday
10:00 am - 10:00 PM
 

More info available at http://www.bbqontheriver.org/

The remains of hurricane Ike passed just west and north of western Kentucky this morning. At 7:10am the power at my home went off. After a couple of hours the power came back on for a few minutes and went out again. Four hours later the power came for good.

I had to respond to a power outage downtown and check on my wife's store. The roof of her store has a rubber roof on it. The rubber roof was being so inflated it almost looked like a balloon. I thought the high winds were getting between the rubber and the roof through a big hole somewhere so I got up there to check it out. I took a roll of duck tape with me. I did not find a big hole but did try to foolishly apply some duck tape in a few places. The duck tape wouldn't stick to the rubber.

The Paducah area literally looks like a tornado went through town. Signs are laying on the ground everywhere. Trash cans are laying on their sides a block away. Big and small trees are down everywhere. My neighbor tells me that a house down the street is a total loss after a large tree up rooted. His neighbor had a large limb fall through his bedroom. That limb went completely through the house and stopped when it in the ground under his bedroom floor.

This part of the midwest may get some tornadoes from time to time but we certainly aren't used to the persistent winds like we saw this morning. Anything that wasn't battened down got blown away and any trees that weren't in good shape got blown over.

Today I went to the McCracken County Master Commissioner's Sale. It was held at 1:30pm inside the courthouse at the steps going upstairs. This was my first time attending one of these so when I had always heard someone saying "courthouse steps" I always thought they meant outside. Turns out it's inside.

Up for auction today were 11 properties. Four properties were removed from the list as a sale or something had enabled their removal from the list. Properties ranged from around $23,000 to $229,000. There were probably 30 to 40 people there. I noticed a couple of other agents there. I assume with clients. There were at least a couple of attorneys there representing lenders.

I had many reasons for attending. I wanted to learn if it was really possible to get a great deal at one of these auctions. I wanted to experience one for myself as hearing it from someone else doesn't include all the details. Details are good. :-)

I don't totally understand all the possible circumstances a property would be auctioned off. I assume foreclosure but I wonder if bankruptcy could be related to some homes getting on this list.

Of all the properties auctioned off today, all properties except one were purchased by the lender that took action. These are the ones I assume were foreclosures. The one property not involving a lender was between two private individuals. The newspaper said it had something to do with a suit involving the division of property and to recover the costs of the sale. The commissioner stated the appraised value was $40,000. A bidder started the auction at $5,000. This property ended up selling for $19,600. Several bidders got involved. This property did not include a right of redemption.

One question I have is regarding the properties the lenders purchased. I assume these properties were foreclosures and that the proceeds of these properties go to the lender minus any legal fees. The lenders then sell the properties to recover their costs? These properties will likely be available or being sold by another agent in the near future?

Below are the topics which we'll be discussing each month during our Western Kentucky REIA meetings at Murray State.

WesternKentucky Real Estate Investment Association

PO Box 108 Murray, Kentucky 42071 Telephone Toll Free: 866.410.1475 Email: WKREIA@yahoo.com

Meetings Held 3^RD Thursday of Each Month, Murray State University,

Curris Center, Barkley Lecture Room, 3rd Floor

WKREIA - Chapter of National Real Estate Investment Association

Professional Home Providers

Jan – 08

Getting Started in R.E. Investment

Feb – 08

R.E. Investment Marketing

Mar – 08

Finding Motivated Sellers

Apr – 08

Building an Investment Team

May – 08

Analyzing the Deal

Jun – 08

Investment Strategies

Jul – 08

Wholesaling

Aug – 08

Flipping Strategies

Sep – 08

Building a Buyers Database

Oct – 08

Landlord/Rental Strategies

Nov – 08

Lease/Options

Dec – 08

Ethics in R.E.