Addison Place, Naples. Concrete Block, Great Amenities, fantastic location, 94% occupied and cash flow positive. Wish I could Fund 5 or 6 likes this.
entire article https://t.co/Yx1wZxtiMF
SANCTUARY CITY REAL ESTATE VALUES COULD CREATE SYSTEMIC BANKING CRISIS
Baltimore, Chicago, New York City, Los Angeles, Philadelphia, San Francisco, San Jose, San Diego and Seattle real estate will experience ACCELERATED downward pressure on price.
"These once great, real estate investment cities are being destroyed, literally overnight," Grant Cardone.
Professional Real Estate Investors & institutions will NO longer risk exposure in these markets.
The void of investors in these markets may result in a systemic financial crisis spreading to regional banks, institutions and pension funds invested in those markets.
Why would investors take on the added risk of these markets? Higher taxes, collections, legal bills, unable to collect rents, raise rents, higher cost to build, unfriendly to property owners and an increase financial burden on these cities.
Too many other markets that don't come with the risk like Florida, Tennesse, Texas, Arizona and the Carolinas.
CardoneCapital
GrantCardone, CEO
If you know this dude tag him in this post I gave him some money for his tags while I was in Alabama but I ain’t think he was gone get em, he sent this to my manager phone after he got them but she deleted it. Im tryna get him a whole new car just cause he did right wit the money