I remember a comic by Gary Larson in the Far Side with a mustached man in a lab coat in front of a board full of what looks like partial differential equations concluding with “= $” and the line “Einstein discovers that time is actually money.” OMG!! Too funny! I had a recent experience that …
If you go to inspect a property, what are you looking for? Below is a checklist of a few items to consider when looking at a possible investment property: Area What’s your impression of the surrounding properties? What’s the status of the adjoining properties? How do you like the overall area? Property How many bedrooms/baths/parking …
What to look for when inspecting a potential property to buy Read More »
You’ve seen the informercials. You’ve been bombarded at real estate seminars. You say to yourself, “this sounds great, but can I do it?” With slick presentations that often leave out, or gloss over, the really hard parts, you’re lulled into spending your hard-earned money on hope. A hope that you can do it. “Is it …
The Risk Management Committee (RMC) appointed by the Chinese Communist Party (CCP) is now in charge of Evergrande. The RMC consists of nine members, six appointed by the CCP, one from one of the state-run businesses, and the remaining members from Evergrande. Last year, China announced the “Common Prosperity for All” program aimed at improving …
Evergrande is being Nationalized by the CCP!! Bondholders left out of the picture. Read More »
“History doesn’t repeat itself, but it often rhymes” – Mark Twain The 2008 subprime financial crisis was just a precursor to the greatest real estate collapse in history. At the time of this writing, the Chinese real estate market is collapsing. This market tops out at $6 trillion! This is bigger than all of the …
The Next Global Real Estate Collapse is Happening Now Read More »
