Coronavirus raises your property taxes, are you ready for a 3.8 billion dollar property tax bill?

Coronavirus raises your property taxes, are you ready for a 3.8 billion dollar property tax bill?

First, I wanted to give a hats off to this guy for taking social distancing to the next level.  He hiked out about a mile on thin ice to ensure he was doing his part 🙂  Coronavirus has caused the Federal Reserve to drastically cut rates to almost zero due to the...
Mortgage rate increase, still funding in cash

Mortgage rate increase, still funding in cash

  First,  I hope everyone is doing okay with everything going on.   As many banks and other lenders pull back thru the pandemic and the mortgage rate increase we are still funding. We fund and hold all of our loans in cash without leverage so we will continue to...
60% chance mortgage rates plunge: The fed disagrees!

60% chance mortgage rates plunge: The fed disagrees!

We are at an interesting crossroads in the economy.  The Federal Reserve and economic data show that the economy is very strong with consumer spending and confidence at all-time highs. At the same time the bond market is portraying a different picture after a new...
Jobs report ignites bull market. When is the next recession?

Jobs report ignites bull market. When is the next recession?

The jobs report last week was a welcome surprise beating expectations with 266k jobs created, almost 50% more than expectations.  This is the lowest jobless rate since 1969 underpinning a strong consumer that continues to spend and drive the bull market.  What does...
Markets tumble: 3 lender tips to determine the most “recession proof” properties

Markets tumble: 3 lender tips to determine the most “recession proof” properties

  With recession talks all over the headlines and stock markets tumbling around the globe are you ready whenever the next real estate cycle occurs? Do you know the mushroom theory and how it can help you plan for the next cycle?  I developed this theory after...