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19 July 2024 | 100 replies
Which seems odd to me that a self-professed "lawyer" would lean so heavily on assumption vs facts.
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15 July 2024 | 2 replies
While the May PCE report (flat headline inflation, +0.1% “core” growth) was very positive for the bond markets and mortgage rates, ‘jobs week’ delivered mixed messages.Current odds on Fed rate cuts at upcoming FOMC meetings below.
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15 July 2024 | 3 replies
Oddly enough, the small print says California-based owners would get a slightly better rate, but it doesn't specify what.
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14 July 2024 | 26 replies
I kept asking this because it seemed odd to me there were ballpark idk 15 give or take people in the course and I wasn’t seeing anyone closing anything. 🚩 🚩 🚩 All it did was cost me money in marketing, the course, mailers, etc just to lock up deals that wouldn’t sell and that the due diligence was shotty at best.
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11 July 2024 | 1 reply
Sale-Leasebacks have inherent challenges because the tenant/seller is incentivized to market the property in such a way they get they price they want, but if the entity who signs the lease is weak and there's no personal guarantor, they could stop paying rent the day after you close leaving you high and dry with very little legal remedy.I don't know your market, but in my eyes, any 10% cap offering is either an extremely weak tenant OR a tenant that has very little term remaining with no plans to renew.If I were, you I would very seriously consider how much I like the real estate and what my odds would be of refilling the real estate with the same or better rent and/or a better credit tenant once this tenant goes belly up.
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13 July 2024 | 21 replies
It's the same value as it was yesterday, which is very odd IMHO.
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10 July 2024 | 0 replies
Speaking in front of the Senate Banking Committee yesterday, Powell was questioned about everything from inflation to odd political issues and grandstanding.
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9 July 2024 | 10 replies
Creating a holding company, LLC, business cards, websites, and all this other nonsense is like buying an indoor basketball court so you can pursue your dream of playing in the NBA . . . before you even try a pickup game to see if you are any good or like the sport.Buy an investment property and learn how to manage it.
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7 July 2024 | 1 reply
Has anyone had good or bad results from trying out credit report and score businesses that aim to improve credit and help in the journey to gaining a pre approval for a mortgage?Thanks