Tom Talks Episode 104:
Hi and welcome to this week's episode of Tom Talks! In this podcast, we are going to be talking about a unique hotel going up in Weatherford, an RV park of the future, a real estate market update, a crazy story involving fraud and investors, and a solution to Dallas's bad drivers!
A new hotel is going up in Weatherford, Texas! The hotel will contrast Weatherford's more subdued atmosphere by being vibrant and artsy like Fremont Street in Las Vegas. Despite initial skepticism, the proposal by the Hotel Group specializing in Container Hotels suggests a unique 16-room boutique hotel with a bar, coffee bar, restaurant, event space, courtyard, and private pool. The hope is to transform it beyond a hotel into a communal space, accessible to the public, aiming to make it a central gathering place in downtown Weatherford.
Your ideal RV park sounds like a dream, and it's great to see that places like The Campers Hub in Montrose, Colorado, are bringing some of those elements to life. With essential features like reliable internet, a co-working space for remote work, and amenities such as restrooms, showers, and laundry, it caters to the needs of long-term RV residents. The addition of a communal pool, pagodas for food setups, and a central green space creates a sense of community, offering a unique blend of comfort and social interaction for those looking to make their RV stay more than just a night's rest.
Recently emerging in Dallas, the fraud group known as Nonbond Ventures, operating under the guise of a trustworthy friend (nonbond meaning friend in Tamil), has faced an SEC restraining order for allegedly committing fraud against hundreds, specifically targeting Indian-Americans in communal communities. Despite their friendly facade, the trio started as IT professionals with no investment experience, evolving from a friends and family hedge fund to an investor Advisory Group, ultimately orchestrating a $130 million Ponzi scheme through a questionable option trading strategy called GK strategies.
Next up on the podcast, we give you a market update! If you look at the North Texas MLS, the average sales price has experienced a 1.3% decrease, which aligns with expectations after a peculiar year with an initial spike followed by a significant slowdown. Despite the usual annual appreciation of around 4.2%, the market is trying to find a new equilibrium and things were starting to level out until this past week when interest rates reached 8%! People are beginning to move away from Texas, find out where are they going!
The last topic up for discussion on our podcast is a possible solution to bad driving in Dallas. Cruz LLC is a new self-driving car company that is already in places like Austin, Phoenix, and San Francisco. don't miss out as we talk more about some of the hot water this company may be in!
Time Codes:
(00:00) Intro
(02:55) Contain your excitement, Weatherford
(06:34) The RV park of the future
(12:25) Investors are friends, not food
(21:38) Your real estate market update: where's everybody going??
(30:13) We have the solution to Dallas's bad driver problem
Follow us on social media!
Tiktok
Instagram
Facebook
YouTube
Contact Us!
If you are thinking about buying or selling a house, we would love to help you!
If you have any questions about real estate, investing, or the Dallas-Fort Worth area, don't hesitate to reach out!
tomstexasrealty.com
Tom Talks Episode 104:
Hi and welcome to this week's episode of Tom Talks! In this podcast, we are going to be talking about a unique hotel going up in Weatherford, an RV park of the future, a real estate market update, a crazy story involving fraud and investors, and a solution to Dallas's bad drivers!
A new hotel is going up in Weatherford, Texas! The hotel will contrast Weatherford's more subdued atmosphere by being vibrant and artsy like Fremont Street in Las Vegas. Despite initial skepticism, the proposal by the Hotel Group specializing in Container Hotels suggests a unique 16-room boutique hotel with a bar, coffee bar, restaurant, event space, courtyard, and private pool. The hope is to transform it beyond a hotel into a communal space, accessible to the public, aiming to make it a central gathering place in downtown Weatherford.
Your ideal RV park sounds like a dream, and it's great to see that places like The Campers Hub in Montrose, Colorado, are bringing some of those elements to life. With essential features like reliable internet, a co-working space for remote work, and amenities such as restrooms, showers, and laundry, it caters to the needs of long-term RV residents. The addition of a communal pool, pagodas for food setups, and a central green space creates a sense of community, offering a unique blend of comfort and social interaction for those looking to make their RV stay more than just a night's rest.
Recently emerging in Dallas, the fraud group known as Nonbond Ventures, operating under the guise of a trustworthy friend (nonbond meaning friend in Tamil), has faced an SEC restraining order for allegedly committing fraud against hundreds, specifically targeting Indian-Americans in communal communities. Despite their friendly facade, the trio started as IT professionals with no investment experience, evolving from a friends and family hedge fund to an investor Advisory Group, ultimately orchestrating a $130 million Ponzi scheme through a questionable option trading strategy called GK strategies.
Next up on the podcast, we give you a market update! If you look at the North Texas MLS, the average sales price has experienced a 1.3% decrease, which aligns with expectations after a peculiar year with an initial spike followed by a significant slowdown. Despite the usual annual appreciation of around 4.2%, the market is trying to find a new equilibrium and things were starting to level out until this past week when interest rates reached 8%! People are beginning to move away from Texas, find out where are they going!
The last topic up for discussion on our podcast is a possible solution to bad driving in Dallas. Cruz LLC is a new self-driving car company that is already in places like Austin, Phoenix, and San Francisco. don't miss out as we talk more about some of the hot water this company may be in!
Time Codes:
(00:00) Intro
(02:55) Contain your excitement, Weatherford
(06:34) The RV park of the future
(12:25) Investors are friends, not food
(21:38) Your real estate market update: where's everybody going??
(30:13) We have the solution to Dallas's bad driver problem
Follow us on social media!
Tiktok
Instagram
Facebook
YouTube
Contact Us!
If you are thinking about buying or selling a house, we would love to help you!
If you have any questions about real estate, investing, or the Dallas-Fort Worth area, don't hesitate to reach out!
tomstexasrealty.com