The Resilience of Rents

The Resilience of Rents

What are renters doing? They’re paying more and staying longer. Let’s look at both the single-family rental (SFR) and apartment markets. The apartment market tends to have more data. CoreLogic reflects SFR rents up 8.8% year-over-year. Zumper’s...
Money Making Machines

Money Making Machines

A car wash can be a remarkably lucrative real estate business. When you add a franchise model, sell prepaid car wash memberships, and apply technology, these become money machines. “There is no other operation on a one acre site that can do $1 million to $2.5...
When? Right now.

When? Right now.

Mainstream stock investors’ fears have pivoted from inflation to recession. Year-to-date, the S&P 500 is down 20%. The NASDAQ is down 33%. Real estate investors? Prices are stable and the elevated rent just keeps flowing in. But home prices are up nearly 2x...
Tenants Not Paying!

Tenants Not Paying!

The world suddenly feels unusually… futuristic. At the rate AI apps like ChatGPT and Lensa are trending, when will using my mind and fingertips on this keyboard to write these words beneath that real headshot be passé? We discuss metaverse real estate on this...
Has Inflation Peaked?

Has Inflation Peaked?

The ideal inflation rate is zero just like the ideal theft rate is zero. But that’s not the world we’re living in. A lot happened on November 12, 2022. October’s inflation number was reported at 7.7%. This is kinda like getting an apple at...
Mortgage Rates Drop

Mortgage Rates Drop

I’m sorry that you didn’t win the Mega Millions jackpot. But at least you’re paying less in mortgage interest. 30-year mortgage rates hit a two-month low, from 7.08% down to 6.58%. But their spread above the 10-Year Treasury bond yield is...

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