OK possibilities for good and profit - Posted by steve hychka

Posted by Jay in MEMPHIS on May 06, 1999 at 20:25:11:

sorry about the email not being deliverable, I sent it from an another address that I have set up to not allow incoming email. I am glad i misunderstood your original post. I was trying not to accuse, just trying to feel you out. Good luck with whatever you do. I am new to REI so I don’t have any incredibly creative solutions to that particular problem but I’ll think on it.
Jay in Memphis

OK possibilities for good and profit - Posted by steve hychka

Posted by steve hychka on May 06, 1999 at 09:07:14:

I’m a part time investor with small holdings. I read these postings for inspiration and ideas and they have, for the most part, been great. While reading “today’s postings,” it occured to me that the potential of this page can be applied to the devastation in OK and KS. Like most you, I watch the pictures on TV and hear of the misery these folks are experiencing, and I want to do something.

So I’d like to ask you all for constructive ideas for HELPING those people in OK WHILE making money. If I was to move out there with this purpose in mind, what could I do, no money down?

Re: OK possibilities for good and profit - Posted by Steve Hychka

Posted by Steve Hychka on May 06, 1999 at 18:48:01:

A person responded to my inquiry via e-mail and I tried to respond, but the address is not deliverable.

This person’s comment was …
-----Original Message-----
From: D87230cm@aol.com
To: hychka@gte.net
Date: Thursday, May 06, 1999 3:32 PM
Subject: OK and KS

>Why don’t we leave the money making end of it to the Oklahomans and Kansans
>who lived through it. It sounds a little like carpet bagging to me.
>is one thing but looking at it from a profit standpoint is another. If I
>misunderstood, then I apologize. I chose to reply via email rather than the
>board because hopefully I did misunderstand.
>Jay in memphis

And I tried to respond …
Well, I can see how you might respond as you did. My colleagues in the
office reacted the same way over lunch when I told them my thoughts.

My motive in writing to the group is to get a discussion going and identify
creative real estate techniques that can help these people.

The region will under go a big transformation. Many will want to take their
insurance and move on. Others will want to rebuild, possibly with growth.
Others will move in to help and stay.

I was a community development director for about five years in a small, and
very poor Upstate NY village and saw the profit motive do some pretty good
things … rebuild several burned out historical structures, build a first
class hotel in a lot created out of slum housing, build decent apartments in
a former “red-light” district, develop a private corporation to build an
assisted living complex, build a “state of the art” daycare center to
support women working in local businesses …

This morning I was thinking about the devastation and wondering how can all
this creative real estate stuff we discuss here can help this situation and
decided to try to say what is on my mind.

Of course there will be carpet baggers, quick buck artists, tradesmen with
every level of skill looking for premium wages and contracts. But how can a
sincere person help out and profit?

Staying away doesn’t help.

Steve Hychka