Mark Douglas
Crash or Correction?
31 January 2017 | 27 replies
In these cases, the specific sector was over-inflated and collapsed as faulty - maybe even fraudulent financial vehicles and/or practices were introduced to suck even more money out of the sector as it heated up.Just because the dot com sector eventually swallowed reality and fixed its fundamentals on value products/services, the energy sector resolved in the courts, and the housing sector flushed out its overly speculative practices (many of which were really bank-driven, primarily as loans issued to folks who had no business buying housing - and toxic mortgage packages created with weird names and no vehicle history to attract investments thus made with no due diligence and no 3rd party oversight - which took unprecedented government intervention and bailout across many sectors to fix), doesn't mean that the next sector downturn trigger doesn't lurk out there.What some call creativity or innovation is really just greed masked in packages so new and weird that due diligence is nearly impossible.
Ryan Kraft
Housing Bubble? Hard Finding Deals? What's Your Market Like?
20 July 2017 | 88 replies
Always be prepared for a bubble collapse but when everyone else is pulling out, work your plan like it isn't the end of the world.
Steve Smith
US Dollar Collapse 2017
7 April 2017 | 0 replies
[url=https://www.lombardiletter.com/will-the-u-s-dollar-collapse-in-2017/5950/] dollar collapse [/url] in 2017.
Nichole Stohler
Zero to $5M: 3 Mistakes To Avoid
5 June 2017 | 72 replies
@Polly Wu, we are currently seeing that the price per door for multi-family have actually surpassed the prices that we saw at the height of the market in 2007 right before the collapse.
Joe Crooks
Turnkey/Buy and hold
2 May 2017 | 38 replies
A lot of turnkey buyers are paying top dollar in some rough areas where if the bottom falls out those areas will be first to collapse or not appraise.
Account Closed
Cheap properties available - Would You Buy In A Banana Republic?
6 July 2017 | 24 replies
When the next wave of the economic collapse hits, these states (along with states that topped the first two lists, such as New York, Rhode Island, Massachusetts, South Carolina, and Connecticut) are going to be the first to feel the pain.
Shayne Hastings
Is it better to invest in my area that has sky high prices or invest in other markets?
9 June 2015 | 48 replies
Sell for appreciation before the collapse?
Sebastian Koellner
Just bought door # 2 with over 5k back at closing
1 May 2015 | 9 replies
A potential difference over here is that virtually all banks have pre-payment penalties built into the loan contracts - so taking out a 20 year loan and selling after 10 years could cost you quite a bit of money in interest penalty to the bank, depending on how market rates have moved over the course of the 10 years.The 10 year ARM is of interest to some investors, because if you hold an investment property for at least 10 years, all profits upon sale are tax free...Other than that, I would see a lot of similarities to the US - lots of paperwork, closer scrutiny in the days right after the financial "collapse" a few years back, now balanced by the dynamic of low interest rates...Any specific aspects you are interested in?
Brian Knox
Ever paid to have a "clean-out" entrenched outside?
16 June 2013 | 4 replies
Local plumbing company did it for $2000. ( replace section and add clean out ) Most times when they dig down to the roots area, the line is collapsed as well from age and or the roots.
Richard Warren
Fed sharply lowers forecasts, hints of rate cut
21 November 2008 | 13 replies
If the US can maintain dollar hegemony we will continue to be in the best position in this global collapse.