-Oracle Moving Global HQ to Nashville!

Total global financial system meltdown, and result was nearly 4x market $ of early 80's.....

Some simply care about the value, condition, and DSCR others will look at DSCR + Personal and Business Income and will use a global cashflow ratio.  

So we dropped rate to Zero and printed 27% of M2 global US money supply in a few months, more money than made in prior 200 years.

Even in the midst of a global pandemic and national recession, we are seeing days on market go lower and prices go higher.

and it's slowly moving to India (and China) anyway .... this is serious as silicon valley is not sustainable too.and hollywood movie is also replaced by Bollywood and Japanese/Korean movie so ....Right, all those Japanese, Korean, and Bollywood global hits this past summer.

There's no way to run a "global check".

If only I could get a dollar $ for every time an investor asked me that question.You see guys, it's quite simple.Since our price points are super low (Only $60,000 - $80,000).Most of our investors have more then enough cash to purchase quite a few homes fairly quickly.Thus, we don't have a need to wait for 6-8 weeks to hopefully get the deal across the line via financing.To be honest, we also hate working with lenders and appraisers.Most of them drag their feet and appraisers are super conservative these days due to the Fannie Mae guidelines that were introduced after the fiasco of the Global Financial Crisis.So they are known to intentionally use foreclosed comparable sales to under-appraise properties just to protect their own A$$.This isn't genuine and I've always believed that if you can't fix something or make it better.You need to eliminate it.That's why we have eliminated all financing when buying through our company.I'm sorry.Now, for all of you thinking that you are getting a turnkey property as a "safer" investment for "fair value" just because the turnkey provider offers financing.Think again.After being in real estate for 10+ years and buying/selling over 500 properties world wide.I have seen all of the dirty tricks.An easy one is to influence the appraiser by smudging their eyes with supposed work performed on a house that never really was.Like a "converted attic", "newly installed HVAC", or a "rehabbed garage", etc...Most are too lazy to check these items and will just mark them on the sheet as "done".All of these items would unjustifiably increase a properties value in the thousands if not tens of thousands of dollars.At the end of the day, there are always going to be bad apples no matter what.Your job is to find the good ones.No matter how you decide to invest (With cash or financing).Find the right team and you will do well.Find the wrong one and it will end in disaster.I wish you all much success and thanks for reading.ps.

Many anticipated a downturn or even a crash due to factors like rising interest rates and global economic pressures.

I think this is a big reason why you see REI's having problems finding deals, and blaming it on the interest rate, or the global economic market at that time.