All Forum Posts by: Matt Millard

If you’re married in Dallas & you have any standards for building or neighborhood or commute its next to impossible. Imagine Atlanta may be similar!

@Joseph Cacciapaglia

Yes recommend a syndication. Mobile home & self storage.

100 Bitcoin!

And largest operator in Oklahoma!

What if you build a crazy high amount like $400k? Any ways to quickly start reversing that?

@Brian Burke

Will have to check out the book! Finally some decent books coming out on these topics.

I have to disagree with you on Multifamily being the leading edge & surviving this downturn. I think it’s going to get much worse & that we will enter a depression. Strong deals with top operators & local jobs base should survive but I think a lot of mediocre deals done & of course the ones stretching the numbers & margins the last few years will be in significant trouble going forward & many will be unable to pay investors or even refinance out of questionable loans.

I follow Anton Mattley a longtime investor out of Switzerland originally who has decades of Multifamily experience mostly on the commercial finance side of things.

Also I believe owner finance, mobile homes & self storage will lead the pack during, through & after this economic calamity & align closely with Frank Rolfe & Jeremy Roll.

@Ricardo P.

Corona isn’t the real issue & it’s Keynesian Economics & big reckless spenders on both sides of the aisle!

They should reduce property taxes & federal taxes too!

Hyperinflation is coming quick.

Millennials have already felt it with education, healthcare & housing!

Spreading to everyone & much more deadly than this virus!

@Nathan G.

That’s true. We are in different areas though as I do syndication full time now & am no longer a landlord or host. I also am pretty focused on the crypto & silver markets for last couple years at the moment.

My mining bet now a render farm in Oklahoma with asics mining & cheap natural gas mixed in is now tied to Disney. If their stock goes to zero I’m in for a 15% hit to my net worth & will be left to other crypto’s & silver to bail me out or cut expenses again by moving.

@Jordan Murrell

I recommend crypto & silver during these trying times!

And syndications in recession resistant offerings like mobile home parks.

With GDP & unemployment levels likely topping the Great Depression how will this impact your market & investing?

For myself I know the builders in process of building $2200 a month Class A+ rentals all around north dallas suburbs are going to be in a world of hurt.

My discussion 3 years ago on this topic was really active yet no one thought it would happen anytime soon.

The truth is this virus & our over-reaction to it has exposed the true weaknesses of our system & Keynesian Economics.

We need biblical/Austrian economics & savings & investment now more than ever not more stimulus with money our grandkids don’t have, stimulus & federal reserve shenanigans!

I feel like no one would post on here if they were highly or even just somewhat over leveraged & in process of losing everything.

Just an echo chamber.