All Forum Posts by: Jorden Glasco

@Seth Knopp Awesome! Looking forward to it!

I would definitely be interested in meeting up. Been looking for some like minded individuals to network with.

As I'm sure most of you have seen plastered all over CNBC today, the yield curve for the 10-year treasury note broke below the 2-year rate. Also, if you watch real estate YouTubers, such as MeetKevin, they have been talking about this in recent days. Fearing that this would happen.

Now, this might not spell disaster right away. But, this may be a good sign to stay on your toes for the next year or two.

Here's a text from the article:

"There have been five inversions of the 2-year and 10-year yields since 1978 and all were precursors to a recession, but there is a significant lag, according to data from Credit Suisse. A recession occurred, on average, 22 months after the inversion, Credit Suisse shows. And the S&P 500 actually enjoyed average returns of 15% 18 months after an inversion before it eventually turns.

The last time this key part of the yield curve inverted was in December 2005, two years before the recession hit."

So this begs the question, what do you think of this potential recession and how are some of you looking to protect your assets?

As someone who is about to (hopefully) close on his first duplex, I am curious about how I can protect myself from losing money on this deal and future investments.

Link to article: 

https://www.cnbc.com/2019/08/14/stock-markets-wall-street-in-focus-amid-earnings-economic-data.html

Thank you

2 friends and myself are wanting to start investing in real estate, but we are posed with the question of how to evenly split the finances that go into our properties.

We've thought about promissory notes, starting a "corporation" and getting loans under that corporation rather than under us as individuals, or each person takes turns paying for the properties (although that may not work because we are planning on using the BRRRR strategy).

Do you have any ideas as to how we could evenly split up the payments for properties?

Thank you!