@PopularLiberal Seems pretty biased coming from a libtard. America is fed up with the division from all parties. I’m Proud America is getting back to how it should be. Enough trans and gay pride, Enough allowing foreign governments to influence our politics. We need America to unite as a whole.
@DelCrxpto Yea you lost my respect telling years ago scamming people to buy coins that ultimately failed. It’s facts and you know exactly what you did.
I verified these claims made during the Dearborn Michigan City Council meeting
Dearborn’s now 55% Arab Muslim population has a huge amount of Visa overstays and illegal entry. These people shouldn’t legally be here
Unauthorized immigrants in Dearborn’s Arab community include:
- Percentage of Dearborn’s foreign-born population: ~35-50% (roughly 16,000 out of 32,000) are likely unauthorized (illegal)
Visa Overstays: ~40-50% of the unauthorized total (~4,400-8,250). Common for temporary visas (e.g., B-1/B-2 tourist, F-1 student) from the Middle East; national overstay rates for Yemeni and Iraqi nationals are ~20-30%, but higher in established communities like Dearborn due to family ties.
Illegal Entry (No Visa): ~45-50% (~5,000-8,250). Includes border crossers or those evading inspection, often from Mexico/Central America, but less common for Arabs (who more often use legal entry points before overstaying).
Fraudulent Status: <5% (~500-800). Includes misrepresentation on applications or fake documents; not well-tracked locally, but DHS flags it in ~1-2% of visa cases from high-risk countries.
I think people who buy based on a cap rate are mostly just making a macro bet on interest rates.
I don’t think you’re ready to buy real estate unless you can spot a good deal within minutes.
I don’t think you can be the expert at more than one niche.
I think people who sell real estate courses don’t make enough money in real estate and therefore can’t be that great at it.
I think the hold-forever mentality made sense when rates were dropping for 40 years.
I think you should study your potential upside, but obsess about your potential downside.
I don’t think any great real estate investor thinks it’s easy.
I think most people are better off paying the tax and patiently waiting for the next great deal than panic-buying to complete their 1031 exchange.
I don’t think buying great deals scales.
I think smaller deals are great for LPs; huge deals are great for GPs.
I think the biggest difference between an amateur buyer and a professional buyer is the amateur focuses on the cap rate, and the professional focuses on the price per foot.
I don’t think you should invest with anyone unless you have a clear understanding of what their fee structure is incentivizing.
I think the vast majority of off-market deals are severely overpriced.
I think there’s an entire generation of investors who only know how to make money by relying on cap rate compression.
I think if you’ve reached the ‘best and final’ round, you’ve gone too far.
I think ground-up development has a terrible risk/reward ratio.
I don’t think amateur buyers realize that appraisals aren’t taken seriously by experienced investors.
I think the term “passive income” is a genius sales tactic geared towards the unsuspecting.
And I think the cold call is by far the most effective way to consistently find great deals.
@ThinkAppraiser I did the same thing to a property and did a full remodel. It was a 2 bedroom 1 bath. Got rid of a closet made it two full baths and sold for the same price as the 3 bedroom 2 bath homes.
In Rancho Cucamonga
@ThinkAppraiser That’s a good investment in my opinion especially if you got a good deal on the property. Roughly 10-15k investment for 30-50k more in resale side.