Here's an excerpt from a book I'm reading by Dr Peter Linneman explaining the reasons for the subprime meltdown:
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Hello everyone I just took the last 6 months to complete my real estate license. Know that I got that out the way my friends are family are wanting to buy a home or sell. I guess I never got the license to sell or be ...
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Urbanization is the growth of cities into the surrounding suburbs and the transformation of once rural areas into cities. Urbanization is here and it’s here to stay. In fact, more than half of the people on Planet Ear...
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When I screen a site like Zillow to identify opportunities for flipping I filter the location, max selling price etc. However I spend a lot of time clicking on the details of a property to compare the list price with ...
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Does anyone own a coffee shop or have invested in a coffee shop?I’ve been considering opening a coffee shop up and hiring people to run it. I’ve got family that work and manage a coffee shop and are moving to where I...
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Some very interesting data to share with you all on April rent collections across the US. One of the factors that particularly caught my attention was the impact of agriculture across several of the markets. In your e...
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Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
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We bought a shopping center two months ago. It's our first shopping center, after previously owning 4 warehouse/flex industrial uses. The center is very well maintained with tremendous upside- the previous owner was a...
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I have a 3 BR 1.5 BA Under contract for $55,200 and the appraisal came back at $83000. My banker is willing to lend me $77,000 to purchase and make repairs with no money down. The property is a fannie mae property and...
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I'm a family man that lives in Mission, Texas. Waiter, Bus Boy, Car Wash Attendant, Ham Shaver(yes, shaving pig butts on an assembly line in Nebraska), Clothing Retail Sales, Fast Food Cashier, Short Order Cook,...