Rates are too damn high!

Laird and proprietor of true assets.

[Rates are too damn high! @Dr_Equity]

@TheRealEstateG6 We predicted it. We now benefit from it. Soon we'll be buying distressed assets again.

[Rates are too damn high! @Dr_Equity]

@TheRealEstateG6 Inflation is going to be lit.

[Rates are too damn high! @Dr_Equity]

@mhprvpmvp Funny I had this same thought today regarding multifamily REITs. Maybe it's not about the money we made and lost, but the friends and raccoons we chased out of the attics along the way.

[Rates are too damn high! @Dr_Equity]

@LoganMohtashami

[Rates are too damn high! @Dr_Equity]

@LoganMohtashami Logan, long term picture is a bit frightening. We are underbuilt. What happens when housing labor gets laid off and the fed drops interest rates again? We'll have a perfect storm. Years 2024-2028 could be terrifying. Thoughts?

[Rates are too damn high! @Dr_Equity]

Well I got my answer.😁

[Rates are too damn high! @Dr_Equity]

If we keep rates at 0 till 2022 (as the fed said they would) won't we cause another boom in home values?

[Rates are too damn high! @Dr_Equity]

Sure, if they cause a recession first.

[FinancialJuice @financialjuice]

FED'S DALY: I SEE INFLATION AT 2% IN FIVE YEARS.

[Rates are too damn high! @Dr_Equity]

@LoganMohtashami Or $TBT?

[Rates are too damn high! @Dr_Equity]

@Levijameshere @fortworthchris @RohunJauhar @Jb2Investments @moseskagan @jeffreyrasco Same thing that happened in the 60s and 70s real estate doubled.

[Rates are too damn high! @Dr_Equity]

@EstateRanger Solid gold.

[Rates are too damn high! @Dr_Equity]

@TheRealEstateG6 Inflation is going to be lit.

[Rates are too damn high! @Dr_Equity]

@Roofstock Thanks @roofstock I just sold my property on your platform.

[Rates are too damn high! @Dr_Equity]

RE Twitter what massive tip would you share with beginners? Something that will save them from pain.

Mine: If you need cheap labor put out flyers in mobile home parks. Verify their competence and keep their number on file.

I just saved you thousands in labor for simple repairs.

[Rates are too damn high! @Dr_Equity]

Tag someone and let's get a tread going to save newbies $$$.

Knowledge should be free.

@9to5REPE
@EstateRanger
@JumpInRE
@MarcSGIlbert
@mikebolen

[Rates are too damn high! @Dr_Equity]

@mikebolen Muni bonds ETFs. $NVG $NZF $NMZ 5% yield tax free. It's where I am parked right now.

[Marc Gilbert @MarcSGilbert]

Want faster loan commitments? Get on the phone with your banker and get the bank’s assumptions for variable expenses. Use those in the underwriting you send the bank. Then add in lender metrics like DSCR and debt yield. Bankers move faster when you do their job for them.

[Rates are too damn high! @Dr_Equity]

If we keep rates at 0 till 2022 (as the fed said they would) won't we cause another boom in home values?

[Rates are too damn high! @Dr_Equity]

@brixnmortar1 They are magnificent people.

[Rates are too damn high! @Dr_Equity]

@vivekjkumarRE I can't imagine more than a 10% hit and that would be worst case. The higher priced west and east coast might get ugly.

[Rates are too damn high! @Dr_Equity]

I laughed so hard at this.

[Anthony Pompliano 🌪 @APompliano]

Memes are the message. The internet stays undefeated.
https://t.co/Z5Mq97LpuP