@realEstateTrent A brokerage team in their own market has their own strategic advantage in that market. If they go elsewhere they are just like everybody else
Everyone says they want distressed deals. But they only want to buy when the market is hot. W
When the market is good, there's no distress. Everyone bids, prices normalize. Distressed opportunities only exist in bad markets. That's when you get a deal.
@TeamHerrold I used to bartend. Always expected $1/drink tip or more. Now i always tip $1+ if they are “serving” me something, ie coffee, to-go food, etc
@tyleralley24 Portfolios command pricing premiums because the capital allocators can dole out more money for less work. This is how you can add value, simply by aggregating a significant portfolio that institutional buyers will pay a premium for
As much as i’d love interest rates to go back to zero, i think the fed is cutting too early. We’re risking a sustained period of stagflation like we saw in the 80’s
1. Stocks: all-time high
2. Home Prices: all-time high
3. Gold: all-time high
4. Bitcoin: all-time high
5. National Debt: all-time high
6. Core CPI Inflation: >3% for 41 straight months, longest period of high inflation since early 1990s
7. Fed: cutting rates again next week
Before you spend, look to invest.
Invest in your body, health and fitness.
Invest in your mind; knowledge and skills.
Invest in assets like real estate or your business
@RE_Deal_Junkie In my market, the $200k deal will have much lower returns. There’s way more demand/competition for a single family home that size. It might barely cash flow. $10mm deal you can get a real market return
It would be a far more expedited path to peace if Israel simply forced their hand by cutting off supplies. But ironically the international community insists on perpetuating this conflict by providing Hamas what they need to wage war
Instead, we are pumping Palestine with the food and supplies they need to continue waging war. This is allowing them to drag on the conflict indefinitely. And with their ego, they will never surrender unless they have no other options.