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9 March 2024 | 12 replies
I used to work in Consulting for DHL Supply Chain in their robotics division.
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9 March 2024 | 23 replies
I called the Austin branch of Consumer Protection Division of the AG's office and they said that they have no complaints about the company.
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9 March 2024 | 89 replies
Single store just doesn't cut it and the model lends itself well to economies of scale...supply chain, GM across multiple stores, etc...Only looked at fast food and gyms but I'll check out UPS.
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6 March 2024 | 3 replies
I am considering branching outside of Utah for some apartment complex purchases and this is a major factor in my location criteria.
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7 March 2024 | 27 replies
They're on the low end of the food chain and you get what you pay for.
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6 March 2024 | 2 replies
For example, during the pandemic some materials costs spiked wildly, as a result of supply chain issues and shortages, but have since come back to reality.
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5 March 2024 | 12 replies
The Bank also communicates with the title company to order chain of title and require lender/title insurance.
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5 March 2024 | 8 replies
Find the local bank with the most branches and have the tenant make direct deposit there - no personal checks.
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4 March 2024 | 1 reply
The goal is to purchase more real estate (20+ doors) multi-unit apartment buildings, buy a few laundromats/business, and to create systems that does not chained to my desk everyday.
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5 March 2024 | 4 replies
A LOT of distrress is leading to mergers and firings, in just the last few weeks, this happened: (Big credit to @NewsLambert)Lower to acquire Universal Lending retail and wholesale operations (11/1/23)Trustar Mortgage acquired by Archer Mortgage, LLC (11/1/23)People’s Bank of Commerce to exit residential mortgage lending (10/27/23)BMO Bank cutting 228 jobs in Northern California (10/25/23)Homestar Financial to wind down operations (10/25/23)City National Bank layoffs in Los Angeles total 71 (10/23/23)Hometown Lenders layoffs (10/12/23)First Savings Bank to lay off 135 mortgage workers (10/4/23)Wesley Mortgage absorbs competitor Colten Mortgage (10/4/23)Cenlar to lay off 85 in Ewing, NJ (10/2/23)Rithm Capital to acquire Computershare Mortgage Services Inc. (10/2/23)Wells Fargo cut 525 jobs in South Carolina (9/28/23)Better Mortgage lays off additional employees (9/22/23)The Graystone Company has acquired Direct Mortgage (9/13/23)Flyhomes to purchase certain assets of Home Sale Assured (9/13/23)Divvy Homes to cut 95 jobs in San Francisco (9/11/23)Farmers-Merchants Bank to sell three branches to focus on core mortgage business (9/11/23)It goes on…..The mortgage industry is in a starkly deep recession.And RIP refinances, unless you are holding an even higher interest rate loan (like a construction/bridge loan or hard money, or perhaps you just fixed your credit.