Area around here has been booming. 

For example the expansionary fiscal and monetary policy during COVID that led to one of the greatest real estate booms we've ever seen, as well as the subsequently the contractionary policies that led to a freeze up in the market.In general, macroeconomic factors will have macro effects, meaning it won't just affect one property in isolation.

Market in Calcasieu Parish has been ferociously bought for the past five years due to a rush by investors to capitalize on the temporary worker boom brought about by the construction of new LNG facilities.Now that is done and only one new LNG plant being built in Cameron so we lost over 5,000 rental units of demand in less than six months of 2019.In next two years we will see numerous bankruptcy auctions by local Sheriff as over extended landlords are forced to liquidate.Many Sheriff auctions are going unbid right now as we discover the new floor or price per sqft for medium and low income housing.DISCLOSURE:  I am a tax deed investor and waiting out the market from that perspective.

Boom, cold calling.

Gaylord is booming.

Both are booming right now with new builds for spec purposes.

I explained to her as nicely as possible that I have had many conversations with private lenders and hard money lenders and boom 💥 she cut me off and scoffed at me that “neither of those wants to take a second position so I don’t think you know what you’re talking about!”

Has anyone sent across a copy of their deed to RentRedi to verify you are the rightful rent collector?

Boom!

So that could be the sheriff, the tax collector, the tax appraiser, or a 3rd party attorney or auction company.