
15 July 2024 | 2 replies
While the Fed Chairman remained balanced in his comments, he did sound a bit more dovish: “Reducing policy restraint too late or too little could unduly weaken economic activity and employment.”

14 July 2024 | 2 replies
The combo of rising unemployment, reduced inflation and stalling consumer confidence is lowering yields on the longer end of the curve.

14 July 2024 | 6 replies
They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.

14 July 2024 | 7 replies
They can save time, reduce waste, and ensure that guests always have a comfortable stay with all necessary supplies available.

16 July 2024 | 33 replies
Each stock will have high variance, but when combined into a portfolio, the variance will be reduced because the correlation between each stock is < 1.0.

14 July 2024 | 12 replies
The goal is to reduce your living expenses, make some renovations to the property while you live there and learn how to be a landlord.

14 July 2024 | 12 replies
Fannie Mae made an enormous announcement this week that impacts anyone seeking to house hack – they reduced their downpayment requirements on 2-4 unit properties to 5%.

14 July 2024 | 13 replies
Otherwise, I would absolutely be managing myself to reduce management expenses.

17 July 2024 | 37 replies
My stress level is greatly reduced now and I'm ok with having a few solid properties with a good amount of equity and putting money into public markets (index funds, stocks, MLPs and BDCs).

13 July 2024 | 2 replies
Solid post and would agree with everything - but the last one - "Local or National Expert" - I do think there is still value here but I would say this is the one area that is being I'd argue reduced in importance via technology and ability to reach people digitally and remotely - but like you said, its really more important for people trying to scale - where if its your first or second, local probably makes a lot of sense