By Brad Beckett Omaha Beach today. Eighty years ago yesterday, on June 6, 1944, Operation Overlord (aka D-Day) was launched with nearly 160,000 allied troops (led by the United States) invading occupied France - marking the beginning of the end for Nazi Germany. Today's infographic from Encyclopedia Britannica gives us a quick snapshot of that momentous day. As you know, a significant...
Sloppy Inflation: The discussion around inflation has become quite sloppy. Rather than focus on all the misstatements, please know that references to inflation “coming down” is in no way an actual reduction in costs. It is a reduction in the rate of increase. This is critical when thinking about budgets and longer term planning. The deflationary aspect of the economy...
By Pete Youngs (aka Mr. Rehab) Whether we like it or not, ever since Covid came along the business environment has extremely changed for how real estate investors (as well as other businesses) have had to operate and adapt. In my particular case, not only was I investing in property, but I have been a national speaker for my whole career...
By Brad Beckett We've seen a lot of data about people migrating around country to better economic climes. Today's graphic from Statista illustrates the states that losing & gaining population. Interestingly, they say as pandemic patterns of population growth are normalizing, three economically successful states have remained among the U.S. jurisdictions which are shrinking. Indeed...Stay safe and have a Happy Friday!! "Americans...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing Home Sales Drop 1.9% in April The National Association of Realtors is reporting that existing home sales were down 1.9% in march to a seasonally-adjusted annual rate of 4.14 million – down...
By Brad Beckett Monday, May 27th is Memorial Day. For most Americans the three-day weekend will mark the unofficial start of summer. However, the solemn significance of the day is often forgotten. It is actually a national day of remembrance for America’s military men & women who paid the ultimate sacrifice while defending freedom & liberty around the globe. Today’s infographic from...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Inflation Continues to Rise The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in April, 2024. The all items index was up 3.4%...
By Jeffrey S. Watson Dear Anna, Political power comes from two things: people who vote, and people who contribute. It is from those groups that you get people who take political action, which is the purpose of my “Housing HERO” list. I would like each of you to reply to this email with answers to these questions: Are you registered to vote? Do...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Yardi Says Steady Absorption is Boosting Multifamily Rents According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,725 in April, 2024. Click here to read more. Best American Cities for...
By Jeffrey S. Watson Recently, I spoke to a group of real estate investors about buying properties using a creative financing method. Some of the questions asked reminded me how crucial it is that real estate investors have cash reserves to deal with the unexpected. I consider cash reserves to be “Murphy’s Law repellant” (anything that can go wrong will go...