All Forum Posts by: Will G.

Great, black rock and amazon will own 50% of u.s. s.f.r.'s

This can't help

https://www.housingwire.com/articles/did-non-qm-just-disappear-from-the-market/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=85056564&_hsenc=p2ANqtz-9YAo1TvoGQcivqLzkG93qoXK97EBLUrK1RF93NpjUtxrgnsveHcA0uXV2qjbY_u0djX-hGesGZ6H40Oa_1Fynk5cjfcSJ8xhpidR5bCep_XZueyns&_hsmi=85056564

Apparently zillow has been buying homes for a year now, but i guess they dont think values will hold?

To the Op, the story is never ending till you die! We go up we go down, we make a killing we get killed, the one constant is we continue to learn, stay calm and carry on!

@Johnny McKeon look up jay hinrichs posts concerning phoenix 4 plexs in last recession, may change your mind.

Short answer, they were toast!

My r.e. agent pushed s.t.r.'s so hard she turned me off to them in favor of long term properties, but now if we do get a big dump of them into long term pool, i guess my rents are going down.

Just get a commitment letter from each, with the understanding that you will not be deploying it right away, but that your broker wants proof of funds to "look" for deals. Don't rush, especially now! you must find a really good value opportunity to insulate your self from an uncertain future.

Do you think this is us in a month or two?

https://twitter.com/RobCross247/status/1241325290565111808

You guys are so doom and gloom, come on man, the fed (that caused all this btw) is going to save EVERYONE, Banks, credit unions, trust and mortgage companies, investment banks, underwriters, brokerage firms, hard money lenders, stock speculators, the airline, auto, restaurant,hotel, bar, retail, casino, and travel industries,money market funds, the repo market, the global fx market, the stock market (direct purchases soon), the bond market, the derivatives market (oop's sorry ronin capital), consumer spending (helicopter money only 3 weeks away), your local bowling league and oh yea, air bnb.

Don't worry the largest financial event of our lifetimes, BY FAR, will be over in a jiff and you will be rested and ready to get back to work!

@Russell Brazil Do we get a correction in r.e. prices or a boost from safehaven plays?

From what i can gather we would need about 25-30% correction for prices(nationally) to get back to trend line.