Powerful Economic News this Week
Mortgage rates rise .125% to .25% on the expectation of the Fed raising the prime rate, and on the stronger than expected payroll numbers… The economic news this week was thin but powerful. ADP (the payroll processing company) employment report on Wednesday stated a...
Review: Note Investing Seminar 2017
As a real estate investor, I’m always eager to learn about new ways to increase my cash flow. This month, I attended the Note Investor Summit 2017. Watch my review and key takeaways!
Rates are up and inflation could be too…
2 big days with 2 different outcomes. On Tuesday, Fed Chair Janet Yellen in her annual speech before Congress, called the Humphrey Hawkins testimony on monetary policy, suggested that “waiting too much longer to raise rates would be unwise” (i.e. prime rate). This...
Private Lender Disaster. What Happened
Success story: What to do when you pay your mortgage to a private party and when you go to pay them off they demand $20,000 more than you owe? This happened over the last week. My client bought a property (9 units) from a man who was the seller and was willing to...