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The Leading Index of Economic Indicators has been a pretty good indicator of a decline in economic activity, since it was published. The index uses nonfarm payroll employment, the unemployment rate, average hours work...
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I recently listened to the podcast GRE (Get Rich Education with Keith Weinhold) and his guest was Ted Benna, who has been credited to being the father of the 401K. (Here is the link to the episode for any who are inte...
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I am 100% uneducated on this subject, but I find it interesting. In my mind I see a country with a vast amount of land, but a relatively small population. Are there rules or factors involved that make building extreme...
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Economic Update
(Monday, May 31, 2021)
The one place that's rip-roaring in our economy is the housing market. In fact, home prices are accelerating, as the Case-Shiller 20-City Index shows. Year-on-year gains rose ...
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I heard from a recent podcast that Cap Rate should exceed interest rate on a multifamily in order to be profitable. What are your thoughts?
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I have a deal worked out with a seller of a property that I located via my direct mail campaign. Then this realtor calls me claiming the property was listed with him and I have to go though him to purchase it. Now I...
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I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...
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Hi,
My
father purchased this 2-family house (R5 Zone) back in 1976 in Astoria Queens,
and just like many other landlords in NYC he rents out the
cellar/basement.
I've been reading
online the definition betwe...
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So obviously the "hood" is not the ideal place to invest in rental properties but how bad is it really? Can someone brake it down for me? What are the Pros and Cons and do the Cons out way the Pros or does it depend?...
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Looking to get around 6%+ cap in A+/A class properties. What type of property and where would you invest one million plus?