Basic Hand Signals for Road Cyclists

 

Hand Signals pic

Hand Signals
Image: esurance.com

Experienced McKinney, TX, banker and owner of Kevin Griffin Realty, LLC, Kevin Griffin has three decades of experience purchasing investment real estate and managing improvements to existing properties in order to sell at a gain. His past roles include regional president of Independent Bank and senior vice president of State Bank and Trust Company in Dallas. When he is not assisting clients with real estate investments, Mr. Griffin enjoys road cycling throughout the Dallas and McKinney, TX, areas.

Individuals engaged in road cycling should familiarize themselves with the relevant hand signals and rules of the road in order to more effectively communicate with fellow travelers. The hand signal for stop is one of the most important and frequently used signals. To indicate a stop, a rider should extend their left arm out and bend at the elbow so that their fingers point down to the road, with their palm facing any riders or drivers at their backs.

Riders at the head of a large cycling party may need to coordinate a single file or double file line. To do so, a cyclist can raise a hand over his or her head and raise the index finger for a single file line or index and middle fingers for a double file line.

Another hand signal important to rider safety involves locating and avoiding debris or other obstacles in the roadway. In order to notify other riders of a road hazard, an individual should lower the left arm below the waist and use the index finger to point directly at the hazard. Debris on the right can be highlighted using the right foot if necessary.

Strategies for Improving Investment Properties

 

investment property

investment property

A former regional president of Independent Bank in the Dallas, TX, area, Kevin Griffin serves as president of Kevin Griffin Realty, LLC, in McKinney, TX. In this role, he helps clients acquire and improve investment property. Kevin Griffin has supported numerous investors in the process of renovating properties to sell at a profit.

When improving an investment property, the buyer must first calculate the cost of renovations and the expected sale. Often, the investor can look at sales records for similar properties in the area to determine what a likely final sale price will be. The investor can then estimate the difference between the purchase and sale price, compared to the estimated cost of repairs.

For investors seeking to renovate and sell quickly, easy and cost-efficient repairs tend to provide the best value. New flooring and paint, for example, might help the investor turn a better profit than new wiring or mold removal. Similarly, most investors do not want to completely tear down and rebuild a home, in which case it is important to select a property that is structurally sound.

Repair planning should center on buyer appeal as well as the overall condition of the house. Experts recommend focusing on the kitchen and bathroom, as buyers tend to look closely at these areas of the home. Experienced investors design these rooms based on the type of buyers that are likely to be shopping in the home’s specific neighborhood in order to boost the sale price.

An Overview of Real Estate Due Diligence Processes

Kevin Griffin, McKinney, TX pic

Kevin Griffin, McKinney, TX

Kevin Griffin serves as president of Kevin Griffin Realty, LLC, located in McKinney, TX. In this position he handles all business matters related to the review of acquisition of real estate in and around McKinney, TX, including due diligence processes.

Performing proper due diligence ahead of a purchase is one of the most important processes for real estate investors. Any investor who moves ahead with a transaction having performed little or inefficient due diligence risks losing large sums of money. While real estate due diligence is a fairly comprehensive procedure, investors can begin by breaking down their assessment of a property into three basic parts.

Financial due diligence involves accounting for every dollar that has gone in and out of a property, from past utility bills to federal tax returns. Cash flows must be verified, property tax statements must be accounted for, and historical financial statements must be carefully reviewed. A lack of financial due diligence can result in the purchase of real estate that does not provide adequate cash flow for investors.

Legal due diligence, meanwhile, demands potential investors gather any and all legal documentation available on a prospective property. Surveys and titles are common legal documents, but investors should not stop there. For example, tenant leases should also be reviewed for any oddities that could harm a property’s value.

Finally, physical due diligence requires real estate investors to make an in person inspection of a property. Ample documentation should exist describing the physical condition of a property, such as a property inspection assessment (PCA), and should be thoroughly reviewed. However, no amount of paperwork can replace an actual on-site inspection. Not only do these visits allow investors to appreciate any physical risks or challenges presented by a property, but they can also help investors schedule renovations and other physical improvements.

Independent Bank 2002 Press Release

Independent Bank

Press Release

November 26, 2002

Kevin Griffin McKinney, TXIndependent Bank is pleased to announce that Mr. Kevin Griffin has recently been named Executive Vice President/Commercial Lending.  Formerly Senior Vice President/Commercial Lending, Kevin is a 17-year banking veteran, working primarily in the areas of commercial and real estate lending.  A former business owner, Kevin has first-hand knowledge of the day-to-day decisions facing entrepreneurs.

Independent Bank President and CEO Dan Brooks speaks highly of Kevin saying, “Kevin is a valuable asset to our management team and brings a high level of expertise to our Bank in the areas of lending and comprehensive relationship management.  He’s enthusiastic, committed to excellent asset quality and a real go-getter!  We are privileged to have Kevin here at Independent Bank.”

Kevin appreciates the lending environment at Independent Bank where decisionmakers are responsive and readily available to meet customer needs.  He states, “Our bank has the capacity to take on larger projects, without the bureaucratic red tape.”  A proven producer, he appreciates being able to deliver an exceptional level of service to his valuable clients.

Born and raised in Richardson, Kevin and his family now reside in Plano.  Kevin is a 1981 graduate of the University of Texas with a Bachelors of Science degree in Business and Finance.  Kevin is active in the McKinney Chamber of Commerce, is a recent graduate of “Citizenship McKinney,” is involved in the Main Street Program, is a member of McKinney Rotary and has served as a member of the planning committee for both Collin County’s Economic Summit and McKinney’s Quality conference.

Independent Bank is a state bank with seven locations serving the North Texas region:  McKinney, Van Alstyne, Anna, Howe, Sherman, Denison and Whitewright.  Working out of the McKinney location, Kevin offers commercial, real estate, and interim construction loans, as well as personal loans and lines of credit.  He can be reached at (972) 562-3426 or kgriffin@independentbank.com.

 

Three Facts Everyone Should Know about Blood Donation

Carter BloodCare pic

Carter BloodCare
Image: carterbloodcare.org

Prior to assuming his current role as president of his own realty firm in McKinney, Texas, Kevin Griffin managed lending professionals at four separate locations as regional president of Independent Bank. Kevin Griffin gives back to his community in many ways; one of the most important ways is by donating blood. Mr. Griffin has a rare blood type, and he is a member of the Gallon Club at Carter BloodCare, one of the largest blood centers in Texas. Here are three facts about blood that may help potential donors decide to give.

1. Blood donation rates are much lower in the summer and winter seasons. While donations are always needed regardless of the time, July to August and December to January are frequently difficult times for donations. Donating and encouraging others to donate during these times can make a big difference.

2. Your blood type dictates how your blood is best put to use. Each of the eight blood genotypes can be given in a certain way for the donation to have the greatest impact. AB positive donors, for example, can donate plasma and platelets rather than whole blood because those elements of AB positive blood are transferable to all other blood types.

3. Blood cannot be artificially produced. People who need medical care are completely dependent upon the blood given by donors, and the short shelf life of blood makes it difficult for centers to maintain an adequate supply.

Carter BloodCare Calls Attention to World Blood Donor Day

 

Carter BloodCare pic

Carter BloodCare
Image: carterbloodcare.org

With more than 30 years of professional banking experience, Kevin Griffin recently took on a new role as the president of Kevin Griffin Realty, LLC, in McKinney, TX. He previously operated as the regional president of Independent Bank, also in McKinney, TX, and a senior vice president of State Bank and Trust Company in Dallas. Dedicated to giving back to the community, Kevin Griffin is a member of Carter BloodCare’s Gallon Club.

One of the largest blood centers in the state, Carter BloodCare provides more than 300,000 units of blood annually. Established in 1951, the nonprofit extended its reach in East Texas in 2007 when it merged with Stewart Regional Blood Center in Tyler. It has since grown to supply transfusions to more than 200 medical facilities in more than 50 counties throughout the state.

On June 14, 2016, Carter BloodCare honored World Blood Donor Day, which was started by the World Health Organization in 2004 to raise awareness of the need for safe blood products and celebrate global blood donors. By calling attention to the lull in blood donations it typically experiences during the summer months, Carter BloodCare hoped to fulfill its needs by bringing in the 1,000 daily donors it requires to do so.