by Athena Paquette | Jun 10, 2017 | Blog, Featured
I received a call last month from a client who wanted to sell her current rental property, but did not want to purchase another rental property. So naturally the conversation turned to the tax savings of doing a 1031 exchange. Here are the numbers: The house she...
by Athena Paquette | Jun 10, 2017 | Blog, Featured
On Monday the government revised their Q1 Productivity number to unchanged, from down 0.6%, and revised the labor costs down to 2.5% from 3.0%. As labor costs go up, we will either see inflation pressure (the price we pay on goods will go up) or a slow-down in...
by Athena Paquette | Jun 4, 2017 | Blog, Featured
This was in line with expectations, so it did not move the markets. The May nonfarm payroll numbers were up 138,000, not very good. But the unemployment rate dropped to 4.3%. Wait. How is that possible? Well, some people give up, so they are no long counted. If you...
by Athena Paquette | Jun 4, 2017 | Blog, Featured
Clients came in who had attended my real estate investment class at Torrance Unified twice in the last 4 years. In addition to my classes, they had attended many of the free seminars given at hotels by other “teachers” and joined real estate clubs to gain more...
by Athena Paquette | May 28, 2017 | Blog, Featured
The economic slowdown and mortgage meltdown were a shock to so many. But even more of a shock is how much the printing business was affected by the availability of low cost print options. That’s what my client was facing in 2008. The perfect storm. Many...
by Athena Paquette | May 20, 2017 | Blog, Featured
On Tuesday, housing starts for April came in at a DROP of 2.6%, and the building permits also dropped 2.5%, normally good for rates but fixed rates didn’t move much because of April Industrial Production was up 1% and capacity utilization was up to a 20-month high of...
