A Job: In June. In Texas

The Bureau of Labor Statistics released the Employment Situation report for June 2019 on July 19, 2019.

In June, unemployment rates were lower in 6 states and stable in 44 states and the District of Columbia. Nonfarm payroll employment increased in 4 states and was essentially unchanged in 46 states and the District.


Vermont had the lowest unemployment rate in June 2019, 2.1 percent. The rates in Alabama (3.5 percent), Arkansas (3.5 percent), New Jersey (3.5 percent), and Texas (3.4 percent) set new series lows. (All state series begin in 1976.) For Texas, the unemployment rate went down from 3.5% in May 2019 to 3.4% in June 2019.  Statistically, this was a significant decrease. Housing sales go the way of jobs. When there are more jobs and higher salaries, more families are looking for homes to buy near where they work.

Nonfarm Payroll Employment

Twenty-eight states had over-the-year increases in nonfarm payroll employment in June. The largest job gains occurred in Texas (+315,600), California (+296,100), and Florida (+218,800). The largest percentage gain occurred in Nevada (+3.3 percent), followed by Arizona (+2.8 percent) and Utah and Washington (+2.7 percent each).

Falls, Slips, and Trips

55% of the injuries reported by education, training, and library workers 55 and older were injured in falls, slips, and trips. 36% of the injuries reported by healthcare support personnel 55 and older were injured by falls, slips, and trips. 46.7% of the injuries reported by sales and related workers 55 and older were injured by falls, slips, and trips. 34.7% of the injuries reported by farming, fishing, and forestry workers 55 and older were injured by falls, slips, and trips.

Overexertion and Bodily Reaction

43.2% of injuries reported by installation, maintenance, and repair workers 55 and older were injured by overexertion and bodily reaction. 38.5% of injuries reported by production workers 55 and older were injured by overexertion and bodily reaction.

The Metropolitan Area Employment and Unemployment news release for June is scheduled to be released on Thursday, August 1, 2019, at 10:00 a.m. (EDT). The State Employment and Unemployment news release for July is scheduled to be released on Friday, August 16, 2019, at 10:00 a.m. (EDT). I’m looking forward to seeing how our Texas large metropolitan areas did this quarter.

REI Capital Resources is “focused on funding your success.” 

Give me a call or send an e-mail and share with me your plans and needs, and I’ll see what lending solution I can generate for you.

Patrick St.Cin

W – 512-213-2271
Info@REICapital.cash e 01050000

Adaptation and Survival in Commercial Real Estate

In 2019, the United States is the most preferred location for commercial real estate in terms of inbound capital according to the Deloitte 2019 Commercial Real Estate Outlook. This Outlook report hits hard on the ability of investors to be agile in their real estate businesses, but the agility must be based on awareness of trends that are occurring based on trend analytic and artificial intelligence applications that allow a business owner to see what is happening in and around his property so that decisions can be made quickly to adjust and/or mitigate and survive changes.

Some of the key terms popping up in the commercial real estate investor and real estate investor trust literature include diversification, multi-use properties, healthcare properties, data centers, distributions centers, flexible leases, and flexible spaces.

Healthcare Facilities Follow Domestic Trends

Investors seem to be increasing their investments in health care facilities that include senior housing and in data centers according to the 2019 CRE Outlook. Health care and senior living residents are looking like safer investments because they are not as dependent on global trade but more on domestic trends, demographic trends, and the health of the overall economy.

Data Centers Float Because Digital Goods Continue to Move

The 2019 CRE Outlook also shows that investors are putting more capital into data centers in 2019. Data centers seem to be more immune to global trade tensions at the moment because businesses are focused on expanding their digital infrastructure across borders, according to the wsj article by Esther Fung, “Real-Estate Stocks in High Demand as Trade Battle Brews.” Even though physical goods are stopped by tariffs, digital goods are still moving.

Distributions Centers Move Goods Within the Borders

Distribution centers that support the movement of goods within the United States are also looking like safer investments because they will not be as disrupted by global trade tensions that disrupt centers in port cities dependent on global trade.

Simulation Allows Buyers to Visualize Space Options

Investors are including “flexible spaces” and experiential and engaging spaces as part of a more diversified portfolio. When I read the Deloitte 2019 Commercial Real Estate Outlook, the term flexible space seems to refer to a marketing concept rather than the physical reality-morphing room seen on Star Wars. It involves using 3D and augmented reality simulation to allow buyers to visualize a new property in multiple 3D finished options both inside and outside and choose what they like best. I’ve seen an app like this on television recently that helps you visualize how to arrange furniture in an empty room.  The buyer participates in the space design.

Varied Experience Adds Value to a Space

Catering to mixed tenants is another way to diversify a property so that they are not all one type and come and go at one time. By making a property a mixed-tenant space, the landlord services tenants that  may be office workers or retail incubators mixed in with places to eat, workout, and shop all within walkable distances from one another other. The experience of renting the space is of higher value to the tenant because of the foot traffic and opportunities to network the space provides.

Flexible Leases for Mixed Tenants to Manage Uncertainty and Attract Startups

Working in tandem with the mixed tenant model is another business model that involves offering short-, long-term, and hybrid lease agreements of different lengths to varied tenants to fill vacancies in the short-term rather than having spaces continue to be vacant. The shorter lease lengths appeal to startup businesses and to established businesses struggling with market uncertainty. This strategy is a form of thriving on chaos in that agility is planned and business tenants can move around within a space or in and out of a space more easily as business fluctuates.

The message I received loud and clear from the wsj article and the 2019 Commercial Real Estate Outlook is that investors must become comfortable with change and agile in maneuvering to survive in the current marketplace.

REI Capital Resources built its reputation on finding private funding for investors for quick turn purchases and difficult situations.  This is still true today.  

Give me a call or send an e-mail and share with me your plans and needs, and I’ll see what lending solution I can generate for you.

Patrick St.Cin

W – 512-213-2271
Info@REICapital.cash n1 \lsdunhid

Backyards for Wellness and Community

Although installing a deck, patio, fire pit, outdoor kitchen, lighting, and fountains on an investment property once might have been risky, the current popularity of “health and wellness” have made buyers more inclined to look for features in a landscape that add opportunities to increase their wellness and to build community. For a real estate investor, this trend may justify increasing the landscape budget so that it can include features that invite people into the backyard where the sun, fresh air, sights of trees and flowers, sounds of leaves or water.  Amenities that soothe and refresh after a hard day at work may attract buyers looking for wellness. Lights, water features, decks, and fire pits provide places where families and neighbors can gather and might be attractive to buyers seeking both wellness and community.

An article in webmd.com, “Do You Need a Nature Prescription?” by Carol Sorgen, points out that researchers have found evidence that time spent in a natural setting, “whether walking in a park or gardening in your backyard improves mood, self-esteem, and motivation.” In the suburban backyard, working with the land you have, a real estate investor can tap into ecotherapy elements to attract buyers in 2019. The article by Sorgen, states that taking in the forest atmosphere such as the odor of wood, the sound of running water, and the scenery of a forest can provide health benefits for children and adults, including relaxation, reduced stress, lower pulse rate, and lower blood pressure. Danielle Small, writing for homluv.com says that creating a woodsy retreat in your backyard and adding water and lighting to your backyard may provide a real treat for a homeowner at the end of a hectic day.

Buyers are well versed in health and wellness these days so adding a fountain, waterfall, or a small pond along with a comfortable seat in the backyard may very well appeal to them from a health perspective as well as from a lawn-eating, lower maintenance perspective. Fountains and waterfalls can be made to blend into nature or to stand out and make a statement. A few strands of star-like lights in the trees can add a sense of serenity, calm, and romance to the backyard too.

As a real estate investor, common sense, tried and true, backyard landscaping techniques combined with some of the newer wellness and outdoor-living trends may be a useful combination to know as you plan your project budget and marketing campaign.

The fix-n-flip loan program is one of my most popular real estate loan programs. Competition for houses is tight. The ability to get fast funds to buy and remodel a property is important. As a broker and a direct lender, it is my job to help you get a hard money loan easily and quickly. Private Lenders, not banks, are willing to help you fund your project based on the value of the property and its after renovation value. We have money to lend and you need money quickly. A perfect fit is out there.

Please give me a call or send an e-mail.

Patrick StCin, 512-213-2271

e-mail: patrick@REICapital.cash


When you see the term “experienced-based funding,” it means that in order to secure financing to expand your single-family, or fix-n-flip business, you will need to show the lender that you know what you are doing.  You need to provide proof of your experience in the area of your investment strategy and in the local real estate market.

If your investment strategy is to build and rent or build and sell, the lender will want to know that you have experience successfully building and selling homes in the neighborhood or area you are planning to build in. If your strategy is fix-n-flip, your lender will want to know that you have experience in renovation and know how to price the home so it will sell in the neighborhood it is in.  If your strategy is fix-and rent, the lender will want to know if you have experience renting or managing a rental or if you plan to partner with a company that has this experience.

As Samantha Goldberg, at Arbor.com reminds us, borrowers with understanding of the market and what types of property will rent at what levels will be attractive to lenders. Be prepared to support your investment strategy with a plan and experience.

She also suggests that securing financing with a lender you have done business with before is a good idea. Develop a long-term relationship with your lender, showing that you pay back your loans.

I’d like to be that lender.  Send me an e-mail and I’ll see what funding solutions REI Capital Resources can match with your needs.  We are always “focused on funding your success.”

REI Capital Resources Residential Construction Loan Program

We offer asset-based and experience based loans for residential construction on the following terms: Min FOCI 650, appraisal required, up to 90% of cost of lot + build, Up to 100% of construction costs if lot is free and clear, Max of 70% ARV, interest rates starting at 8.25%,and points as low as 3.5%.

Don’t forget, give me a call or send me an e-mail.

Patrick St.Cin

W – 512-213-2271

Your Money in Real Estate

I can’t help noticing that according to the S&P Dow Jones chart from Investopedia, when you are looking at investing and foreign tariffs, real estate has much less foreign exposure than other types of investment, such as information technology and materials. So perhaps it will be a stable investment into the future.

REI Capital Resources is a loan originator for select investor single-family residential, multi-family residential, vacation rental and commercial projects. Our goal is to provide fast closing loans to fund your investment projects, so you don’t lose a great deal. This includes bridge loans for the acquisition of property.

Give me a call or send an e-mail for assistance funding your project.

Patrick St.Cin

A Job: Still a Good Investment

The Bureau of Labor Statistics released the Employment Situation report for April 2019 on May 3, 2019.

Nonfarm payroll employment increased by 263,000 new hires in April and the unemployment rate declined to 3.6 percent. This is a near 50-year low for the unemployment rate.

Good News for Texas
Two Texas metropolitan areas, Dallas-Fort Worth-Arlington, TX and Houston-The Woodlands-Sugar Land, TX had an increase in nonfarm payroll employment of +110,700, and +67,800, respectively between March 2018 and March 2019

In metropolitan areas with a 2010 Census population of 1 million or more, Dallas-Fort Worth-Arlington, TX posted one of the highest over-the-year percentage increases in employment at +3.0%.

Financial activities employment rose 12,000 in April. The industry added 110,000 jobs over the past 12 months with three-quarters of the growth in real estate and rental and leasing.

Construction employment rose by 33,000 in April, with gains in nonresidential specialty trade contractors (22,000) and in heavy and civil engineering construction (10,000). Over the last 12 months, construction has added 256,000 jobs.


Professional and business services added 76,000 jobs in April. Of this number, 14,000 were in the computer system design and related services, while 53,000 were in administrative and support services. Employment in health care rose by 27,000 in April and by 404,000 over the last 12 months. Social services added 26,000 jobs over the month of April. Manufacturing only added 4,000 jobs.
Retail trade lost 12,000 jobs in April. In that number is hidden an increase in motor vehicle and parts dealers of 8,000 jobs and the loss of 9,000 jobs in general merchandise stores.

Little Change
Other industries (mining, wholesale trade, transportation and warehousing, information, leisure and hospitality, and government) showed little change of the month of April.

Hours and Dollars per Hour
Other interesting statistics in the Employment Situation report include: the average hourly earnings for all employees increased 6 cents to $27.77 over the month and the average workweek for all employees decreased by 0.1 hour to 34.4 hours a week during the month.

Frequently Asked Questions
The frequently asked questions on the Bureau of Labor Statistics Site, includes the question Does this data include undocumented immigrant worker? The answer is that it is likely that both the household survey and the establishment survey includes undocumented immigrants. Since the survey is not designed to identify the legal status of works, it is not possible to determine how many undocumented immigrant workers are included in the statistics.

two persons holding drinking glasses filled with beer

Photo by Tembela Bohle on Pexels.com

I am always focused on funding your success and I have more tools to work with. REI Capital Resources built its reputation on finding private funding for investors for quick turn purchases and difficult situations.

Contact me at


Sigh of Relief and Then … Start Planning For 2019 Taxes

Many of our customers are both employed and self-employed, painting a tax picture that reveals itself slowly as incomes, deductions, and taxes paid are added and subtracted from a variety of the tax forms. If you just finished your 2018 taxes, this is a good time to review how well your business and employment worked together to pay your 2018 tax bill.

Personal: Review your W-4
On the personal side, review your W-4 form with the payroll or human resources manager at your place of employment. The W-4 is the form you fill out that tells your employer how much tax to withhold from your paycheck. Did you pay too much and receive a big refund or pay too little and owe a lot, perhaps even having to pay fines for underestimating? The taxes withheld from your paycheck reflect your filing status (single, married, head of household) and the dependents you claim. Check to make sure the information on your W-4 form is accurate.


Business: Set up a Paper and an Electronic Filing System
On the business side, make yourself a filing system so you can organize your business-related receipts and invoices in folders or envelopes if your receipts are paper and in computer files and folders if your receipts and invoices are electronic. Most likely you will need both paper and electronic files. Determine the categories your business expenses and income usually fall into and make folders and files that are named accordingly. Things like fuel, advertising, landscaping, construction materials, permit fees, banking fees, equipment repairs and maintenance, and new equipment purchases, contractor payments, interest on business loans, and home office expenses are common expenses in a fix-n-flip business. Check to see that your online folders are named the same as your paper files and then use that same name to enter the expenses in your Excel table or Quick books program. Remember, the IRS requires that you use these things for business if you deduct them.

Track and File Weekly or Monthly
File and enter your expenses weekly or monthly to avoid the pain of finding yourself in February of 2020 sorting stacks of receipts at the kitchen table for tax year 2019. You are bound to miss something and spend a lot of time searching for missing receipts. And, just running your unsorted papers in a shoebox over to your tax consultant means you are going to be paying them to sort out the papers, and they probably will not be able to do so without your help anyway.

woman in grey shirt holding brown cardboard box

Photo by bruce mars on Pexels.com

Bridge that Gap

Sometimes there is a gap that needs to be crossed or bridged temporarily between money going out for a new purchase and money coming in from a home sale. The bridge loan is the funding tool that applies in this multiple house situation.


REI Capital Resources is a loan originator for select investor single-family residential projects. Our goal is to provide fast closing loans to fund your investment projects so you don’t lose a good deal.

Enjoy your day!

Patrick St.Cin


Cartoon used with permission


Did I mentioned avoiding termites when buying a house and appealing to the senses when staging your house for sale?  Yummy qualifies.   Looks like that is a tried and true professional fix-n-flip strategy.toon779-1

My I am still focused on funding your success and I have more tools to work with.

Contact me at

Used with permission.





“To the Nines”

According to Investopedia, The Market Sum, by Caleb Silver, the value of the stocks for both Walmart and Amazon, the two giant retailers ended up 9% higher this year.

  • Walmart fiscal 2019 Revenue: $514 billion
  • Amazon 2018 total Revenue: $233 billion
  • Walmart fiscal 2019 operating cash flow: $27.8 billion
  • Amazon 2018 net income: $10 billion

So, the nines seem to have it. I know that I spend quite a bit of money at Walmart and Amazon. Add in my mortgage and the local grocery store and that is where most of my money goes. I believe that this news is no surprise.

However, I was surprised to know that there is no definitive explanation for the phrase, “dressed to the nines” according to Endangered Phrases by Steven D. Price. He says it means wearing fashionably elegant clothing, but history fails to tell us exactly where that term comes from. Among the explanations that have been advanced, “the nine worthies of the ancient world, the British Army 99th Foot Regiment’s smart uniform, the nine buttons on the gloves owned by a medieval woman, and the nine muses.

Price reminds us that nine has a special significance in the English language even if we don’t know why. There is “cloud nine” and “the whole nine yards.”

The “whole nine yards” might come from the amount of cloth it takes to make a suit of clothes or the amount of cloth it takes to make the sails of a three-masted ship (3 yards for each sail) (The American Heritage Dictionary of Idioms by Christine Ammer). Personally, I think it has something to do with football, soccer, or golf; nevertheless, it means “everything that is relevant.” And, “cloud nine” refers to a state of complete happiness. (Farlex Dictionary of Idioms, 2015)

I did say we should learn new things in 2019. I did think it would be something more than idioms that include the number nine, but I’d say that Walmart and Amazon both would agree that nine is a good number in this year 2019.

Walmart and Amazon are talking in the billions of dollars, but I am down here on earth with you and happy with lesser amounts. Although investing in real estate projects is a whole different beast than selling retail goods, it still offers rewards that include profit for your risk and your effort, and best of all, it may launch you into new directions, careers, and interests.white dressAs a private lender, you would expect a much more secure and short-term investment experience than you can get investing in the stock market or in retail sales. Your investment in the form of a loan to a borrower interested in remodeling and reselling real estate would be secured by the real estate, and the project would be completed and resold in a few months or a year. Let me know if I can be of help to you this month. I can be reached at





Austin, Texas



Ammer, Christine, The American Heritage Dictionary of Idioms.

Farlex Dictionary of Idioms. 2015 Farlex, Inc,

Silver, Caleb, 2019. Investopedia, The Market Sum https://link.investopedia.com/join/53o/00-fwd-marketsum

Price, Steven D. 2015. Endangered Phrases

Photo Credit: Lai Fong (Lai Fong of Calcutta, fl. 1870-1910) Attributed to [Public domain]

Photo by Bryan Schneider on Pexels.com