All Forum Posts by: Danny Webber

nice

The TX market is extremely over saturated with "Weekend Warrior" investors that took a high dollar course somewhere. A majority of the money in REI these days is in education not actual deals. There are too few deals to be had so established investors turned to education to make money. I am not mad at them. It's capitalism....

I am all for mentors if you read my posts but prefer to promote people finding individual mentors that can help them directly reach their goals. (paid of course-no one works for free) 

IMO- if you pay for a "high dollar, guaranteed to make money, WOW, look at me and my money" course you are being lazy in many ways. There is no shortcut or course you can take to guarantee success in REI. I would guess 90% of attendees either do nothing or lose money and then do nothing which the educators are aware of.

If you want a guaranteed REI education send me a check for 50k and that will get you:

1. A room at my house for 1 year with  a twin bed & dresser (no sheets or nightstand- that is the 75k course)

2. 7 days a week of REI education via 2 way radio while I am on the toilet (10 minute sessions)

&

3. A t-shirt

SORRY... my sarcasm got away from me.. I hope this did not offend anyone.

BL- A good mentor is worth 10x what a course is IMO

I am sure this will get some comments so get after it.....

Powerful website... I would post her email so people can email her directly about this or talk to your state rep/senator about the issue. Sorry to hear this.

Capital Title off Mopac- Alan Ceshker's Office

Worth the read. 

In a nutshell

1. firm underlying demand

2. limited supply

3. uneven impact of the virus on wage earners- lower wage earners were hit the hardest

4. the Cares Act- forbearance option

5. the $600 unemployment benefit

https://www.marketwatch.com/amp/story/here-are-5-reasons-why-the-pandemic-hasnt-crashed-the-us-housing-market-2020-07-22

Anyone on unemployment after this week will effectively be losing the equivalent of $2,600 a month in income. Many of these folks were using this to cover everyday expenses but some were using it to pay their mortgages/rent. This will accelerate "Something" happening in the RE Market. It is too early to tell but signs point to increased FC's/Evictions/Liens etc....

There has not been any mention in the news about bailouts in regard to mortgages/evictions/delinquent taxes/etc to save the homeowner or investor. 

Are there opportunities here?

https://www.forbes.com/sites/jackbrewster/2020/07/21/no-600-a-week-unemployment-check-in-stimulus-bill-gop-says/#6157a8411c33

It's good to have a diversified portfolio folks. REI is great but it is not the total picture.

I am sure we have a lot of Bears & Bulls on BP so let's here the comments!!!

Y'all win.. I am under 6 months

I am almost getting sick of the good news in Central Texas..... JK

https://www.statesman.com/busi...

check meetup.com