Quote from @Brendan Winans: I Made My Largest Single Profit to Date: $250K in 12 Months on a FourplexEarlier this year, I closed out a value-add fourplex that generated a $250K profit in just over 12 months.

With such little visibility into key indicators this past month, the release of delayed economic data will be critical in shaping expectations for the remainder of the year.

I sold my largest MF on contracts, otherwise my tax bill would have been enormous. 

I am with the largest mortgage brokerage in the country, we field options and pricing from 270 investors across the country. 

If we accepted this offer (this was appraisal value) we would net $950k cash less a brokers commission of $96,000, or about $850,000. .Instead, I suggested to our largest tenant that they purchase for $1,700,000, and put $400,000 down and we would provide a note for the $1,300,000 balance at 9.99% interest with payments interest only for 2 years and converting to a 15 year amortization after that.

One of my favorite financial and economic podcasts, The Compound & Friends, starts with a 2 min chat on how everyone loves Nashville, saying, “We have employees there, it’s pretty sick.”

Hey @Andy Gonzales, I use to work for one of the largest relocation housing companies in the country.

-------This week, we’re talkin’ the economic data blackout as the government shutdown continues.

Use it only if absolutely necessary because debt = risk and having been badly bitten by my largest lender pulled the plug on my largest loan at the very worst time and with no prior notice. 

Despite the government’s recent reopening, the economic data blackout continues, leaving investors with limited fresh macroeconomic signals to guide positioning.