Not Every Land Deal Will Make You Money

This is the story of a piece of land I got up in Dallas one time, to settle a debt. Here goes: These real estate deals can be crazy. Outfit owed me about $300k on an apartment project in Houston in the 1990s.I put a lien on it and waited about 2 years.They wanted to sell the project so they had to square with me.They had 21 acres in south Dallas they gave me in trade for releasing the lien. How can I go wrong owning 21 acres in Dallas, with I-35 frontage? Except when I sold it about a … Continue reading Not Every Land Deal Will Make You Money

1974 was a really wet year over in San Jacinto County, Eastern Texas

About this time of the year, October 1974 took us down past Huntsville to do a drainage project. It was a new development on Lake Livingston called Waterwood. It was aptly named, especially that year. We were in a piney … Continue reading 1974 was a really wet year over in San Jacinto County, Eastern Texas