Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...
Hi all,I am no economist and am looking for some insight from people on this topic. if we exclude any type of forced appreciation - If inflation hovers around 2%, the value of a property would be growing this same 2%,...
Am curious if anyone has ever had the problem of an ARV coming in too high so that you got your money out and then some but then the property didn't cash flow/mortgage was higher than you anticipated?
The history of markets tells us that we will always have a crash.
This graph shows total consumer debt in the US since 2003
Housing crashes come from over indebtedness, this graph shows that US consumers have mo...
More and more clients are interested in 'green' homes, tiny homes, and making sustainable choices in their property purchases. Learn how you can better support their interest and stay ahead of this growing market tren...
Since the credit crisis of 2008 and 2009, homeowners and prospective homeowners with bad credit, have had a hard time obtaining home loans. Although the credit limits were lowered for FHA loans, many high net worth...
I just acquired a property in GA. The tenants are both on month to month leases. I sent a letter letting them know that rents would be increasing the following month (30 days notice). One tenant responded with a lette...
What do you think the average net worth for a retired person is? How much do you think for ages 20-30,30-40,40-50,50-60,60-70 ?
So I just came across an article about American debt and why some economists aren't concerned that consumer debt (excluding mortgages) is about to hit $4 trillion. The economists who isn't worried about the debt says,...
Economic Update
(Monday, June 22, 2020)
The recession that started in March was the sharpest downturn since the Great Depression. As it turns out, it may also be the shortest. This doesn't mean our economy is ...